NFG · CIK 0000070145 · FY2025 live · 2025-09-30
NATIONAL FUEL GAS CO
View as
Model
Z″
FY2025
1.57
Zone
Grey
Prior
—
Market DD
—
1y PD
—
Meridian Rank
55.82
0–100 · Z″ tape · not a PD
Book standing
55
Year change
—
Market PD
—
O-score
58
Events on this name
Same published rows as Today. Not a live recompute.
No published events on this print.
1.57
Classic Z 1.15
Z″ 1.57 · distress below 1.10, grey to 2.60, safe above.
Z″ factor contributions
X1 Working capital / assets
Short-term liquidity. Carries more weight in Z″ than in classic Z.
−0.066.56 × = −0.39X2 Retained earnings / assets
Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.
0.233.26 × = 0.75X3 EBIT / assets
Operating return on assets. Highest weight in Z″.
0.096.72 × = 0.63X4 Book equity / liabilities
Book equity versus the liability stack. Sales / assets is omitted so asset-light names are not punished for turnover.
0.551.05 × = 0.58
Five-year path
Need two annual 10-Ks to draw a path. The desk will pull this issuer’s filings rather than invent a series.
Overview
rule-v1
NATIONAL FUEL GAS CO is on Z″ at 1.57 (grey) for FY2025, from an SEC 10-K. Retained earnings / assets is the line that sets the print; EBIT / assets is the runner-up. This is the first live year on the desk. No market tape loaded. Z″ drops sales/assets so asset-light names are not punished for turnover. X4 is book equity on every name.
Book screen Grey; market PD —. Tape not priced — not a single default call.
Market DD · naive Merton
No market tape yet.
Pull a year of closes (Yahoo, Nasdaq if Yahoo is limited) and size equity from Nasdaq cap or EDGAR shares. Distance-to-default and 1-year PD stay blank until then.
Sector peers
Closest Z″ scores · 80th percentile in Utilities.
KPI widgets
Current assets
$411M
Total assets
$8.7B
Current liabilities
$926M
Total liabilities
$5.6B
Working capital
−$515M
Retained earnings
$2.0B
EBIT
$813M
Total sales
$2.3B
Book equity
$3.1B
Accession 0000070145-25-000039. Live rank is the latest 10-K on EDGAR (FY2025, period 2025-09-30). Z″ is the live score. View as does not rewrite the live rank. X4 is book equity. Pulled 13 Sept 2026.