National Fuel Gas price to sales ratio NFG

Market value divided by revenue over the last twelve months, since 2018.

Today, Oct 23, 2026: n/m; not a meaningful number
Last meaningful: 3.3×; Jan 2022
8-year median: 2.7×
8-year range: 1.8× to 3.5×
Peer median: 2.2×

National Fuel Gas' price to sales ratio is not a meaningful number today: revenue for one or more of the four quarters through 2026-06-30 is missing, so twelve months can't be added up.

It was last meaningful in Jan 2022, at 3.3×.

On the days it had one over the last 8 years, its median was 2.7×, from 1.8× in Mar 2020 to 3.5× in Jan 2022.

Price to sales ratio over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2022	3.3×	3.2×	3.5×
2021	3.5×	2.4×	3.5×
2020	2.4×	1.8×	2.7×
2019	2.4×	2.3×	3.2×
2018	2.7×	2.7×	3.0×

Against its peers

Companies in Regulated Gas nearest National Fuel Gas' size, closest first, today.

Company	Price to sales ratio
NFGNational Fuel Gas	n/m
NJRNew Jersey Resources	2.4×
SRSpire	2.0×
OGSONE Gas	2.1×
MDUMDU Resources	2.2×
NINiSource	3.0×
NWNNorthwest Natural	1.6×
ATOAtmos Energy	n/m
Peer median	2.2×

What the price to sales ratio tells you

Market value divided by revenue over the last twelve months. Useful for companies with little or no profit yet, since sales are harder to make negative than earnings.

Ignores margins entirely. A software company at 10× sales with 30% margins can be cheaper than a grocer at 1× sales with 2% margins.

More on National Fuel Gas

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.