National Income Quality from 2010 to 2024

NFG Stock  USD 63.99  0.24  0.37%   
National Fuel's Income Quality is increasing over the last several years with slightly volatile swings. Income Quality is estimated to finish at 14.44 this year. Income Quality is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. View All Fundamentals
 
Income Quality  
First Reported
2010-12-31
Previous Quarter
13.75202869
Current Value
14.44
Quarterly Volatility
5.24970682
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check National Fuel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among National Fuel's main balance sheet or income statement drivers, such as Interest Expense of 145.6 M, Total Revenue of 1.7 B or Gross Profit of 2 B, as well as many indicators such as Price To Sales Ratio of 3.0, Dividend Yield of 0.0381 or PTB Ratio of 1.69. National financial statements analysis is a perfect complement when working with National Fuel Valuation or Volatility modules.
  
Check out the analysis of National Fuel Correlation against competitors.

Latest National Fuel's Income Quality Growth Pattern

Below is the plot of the Income Quality of National Fuel Gas over the last few years. It is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. National Fuel's Income Quality historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in National Fuel's overall financial position and show how it may be relating to other accounts over time.
Income Quality10 Years Trend
Slightly volatile
   Income Quality   
       Timeline  

National Income Quality Regression Statistics

Arithmetic Mean2.78
Coefficient Of Variation188.82
Mean Deviation3.09
Median2.41
Standard Deviation5.25
Sample Variance27.56
Range20.4253
R-Value0.44
Mean Square Error23.80
R-Squared0.20
Significance0.1
Slope0.52
Total Sum of Squares385.83

National Income Quality History

2024 14.44
2023 13.75
2022 2.59
2021 1.44
2020 2.18
2019 -5.99
2018 2.28

About National Fuel Financial Statements

National Fuel stakeholders use historical fundamental indicators, such as National Fuel's Income Quality, to determine how well the company is positioned to perform in the future. Although National Fuel investors may analyze each financial statement separately, they are all interrelated. For example, changes in National Fuel's assets and liabilities are reflected in the revenues and expenses on National Fuel's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in National Fuel Gas. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Quality 13.75  14.44 

Currently Active Assets on Macroaxis

When determining whether National Fuel Gas is a strong investment it is important to analyze National Fuel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact National Fuel's future performance. For an informed investment choice regarding National Stock, refer to the following important reports:
Check out the analysis of National Fuel Correlation against competitors.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Gas Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of National Fuel. If investors know National will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about National Fuel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.176
Dividend Share
2.02
Earnings Share
0.84
Revenue Per Share
21.187
Quarterly Revenue Growth
0.008
The market value of National Fuel Gas is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Fuel's value that differs from its market value or its book value, called intrinsic value, which is National Fuel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because National Fuel's market value can be influenced by many factors that don't directly affect National Fuel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between National Fuel's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Fuel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Fuel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.