Edwyn
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $1,743 | $2,186 | $2,174 | $1,945 | $2,278 |
| Gross Profit | $1,571 | $1,794 | $1,736 | $1,795 | $2,064 |
| Operating Income | $640 | $815 | $755 | $210 | $813 |
| Net Income | $364 | $566 | $477 | $78 | $519 |
Over the five-year period, National Fuel Gas Company’s revenue displayed notable fluctuations, with an impressive jump of about 25% from 2021’s USD 1,742.66 million to USD 2,186.05 million in 2022, followed by a slight decline of less than 1% in 2023. The revenue dipped further by roughly 10% in 2024 to USD 1,944.81 million before rebounding by nearly 17% in 2025 to reach USD 2,277.54 million. A similar pattern is observed in gross profit figures, which rose steadily from USD 1,570.83 million in 2021 to peak around USD 1,793.95 million in 2022, then dipped marginally in 2023 before recovering and expanding to approximately USD 2,064.10 million in 2025. A closer examination of operating income and net income reveals more pronounced volatility. Operating income increased from USD 639.92 million in 2021 to USD 814.52 million in 2022 but then dropped by about 7% in 2023. In 2024, operating income experienced a sharp decline of nearly 72% to USD 209.72 million, before rebounding strongly in 2025 back to USD 813.46 million. Net income followed a similar trend; it surged approximately 56% from USD 363.65 million in 2021 to USD 566.02 million in 2022, dipped by roughly 16% in 2023, and then dramatically plummeted by about 84% in 2024, before recovering to USD 518.50 million in 2025. This period of erratic performance, particularly the significant 2024 downturn in operating and net income, could be driven by sharp shifts in cost structures or market conditions typical in the energy sector. Overall, while the revenue and gross profit trends signal underlying strengths, the volatility in profitability metrics warrants further monitoring to assess sustainable operational resilience.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.