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RGC Resources Inc (RGCO) stock

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NASDAQ: RGCO Nasdaq Gas Utilities Next results ~November 18, 2026

C+ Fundamentals grade

RGC Resources Inc is a US-listed company in the gas utilities industry. Its financial year ends in September.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: analysts' forecasts describe a different business from the one in the latest filings (spin-off, disposal or merger).

Price vs value

Under review: analysts' forecasts describe a different business from the one in the latest filings (spin-off, disposal or merger). We'll show the comparison once resolved.

RGC Resources Inc valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders6 buying, 0 selling59 purchases and 0 sales by directors and officers, last 12 monthsInsider trades
  • Funds45 adding, 31 cuttingOf 9 active managers that changed their stake, 4 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter RGC Resources files

Where RGC Resources stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $107m, up 13.8% on a year earlier, slower than the 17.5% growth a quarter earlier. Free-cash-flow margin fell to 1.9% from 7.8% a year earlier. Operating margin narrowed to 17.3% from 20.4%. Against its peers on growth, profitability, cash generation and balance sheet, it grades C+. It passes 1 of our 6 financial-health checks.

Our model value for RGC Resources is under review, so past values are not shown until it is resolved.

Source: 10-Q filed August 6, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 18, 2026 (estimated)

RGC Resources Inc's trailing-twelve-month revenue grew 13.8% year on year, with a free-cash-flow margin of 1.9%. Where it stands out: days sales outstanding of 22 days ranks 1 of 8 gas utilities companies we cover. Where it lags: change in growth rate of -3.7pp ranks 11 of 12 gas utilities companies we cover.

Our discounted-cash-flow model values the business at ~$6.3 per share in the base case (~$1.2–$13 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 72.7% while net income grew 2.6%: a 75pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

Nothing in RGC Resources Inc's latest figures clears our strength thresholds.

Things to watch

  • Margins narrowing. Operating margin is down 3.1 points on a year ago.
  • Growth easing. The growth rate is 3.7 points lower than a quarter earlier.
  • Gross margin slipping. Gross margin is down 2.2 points on a year ago.
  • Weak cash conversion. Free cash flow was 14% of net income over the last 12 months.
  • Below peers: change in growth rate. Change in growth rate of -3.7pp ranks 11 of 12 gas utilities companies we cover (median -1.1pp).
  • Below peers: long-term debt as % of assets. Long-term debt as % of assets of 42.9% ranks 11 of 12 gas utilities companies we cover (median 39.9%).

Latest results: FY2026 Q3

Filed August 6, 2026
Earnings per share
$0.05 against an average estimate of $0.05: beat by 0.0%
Revenue
$17m, down 0.9% on a year earlier
Share reaction
-1.6% in the first session after the results on August 5, 2026, against -0.4% for the S&P 500
Next report
November 18, 2026

RGC Resources' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+0.5%
  • 1 week+2.6%
  • 1 month+6.7%
  • This year+12.3%
  • 1 year+15.5%
  • 5 years+25.2%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$107M
Operating margin
17.3%
Net margin
13.1%
EPS (TTM, diluted)
$1.35

Growth

Revenue growth
+13.8%
Change in growth rate
−3.7 pts
Share count change
+1.0%

Cash

Free cash flow (TTM)
$2M
FCF margin
1.9%
Stock pay % of revenue
0.7%

Earnings

Last results
August 5, 2026
Next results (est.)
November 18, 2026

News & updates

Updated November 3, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Agreement
  2. Announcement
  3. Announcement
  4. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

RGC Resources Inc valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: held for review: analysts' forecasts describe a different business from the one in the latest filings (spin-off, disposal or merger).

Our value per share comes from a discounted-cash-flow model of RGC Resources Inc's free cash flow after stock-based pay ( $8.9M, FY2026 Q3 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation multiples over time Market data may be delayed

At fiscal year end 2016201720182019202020212022202320242025Now
Share price$11.36$21.14$20.21$22.64$18.64$18.44$17.89$15.24$20.71$21.41$23.04
Market value$81m$153m$156m$183m$152m$152m$163m$151m$210m$221m$239m
+ Net debt (− = net cash)$48m$62m$70m$102m$124m$139m$132m$140m$148m$146m$146m
Enterprise value$129m$215m$226m$285m$276m$292m$296m$291m$358m$367m$385m
Multiples
Price / sales 1.4x2.5x2.4x2.7x2.4x2.0x1.9x1.6x2.5x2.3x2.2x
Price / earnings 14.0x24.6x21.3x21.0x14.4x15.1x—13.4x17.9x16.6x17.1x
Price / free cash flow —————————26.9x118.5x
EV / EBITDA 7.6x11.6x12.2x14.8x13.4x12.4x12.3x10.5x13.0x12.3x12.6x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

42 /100

Weak moat

How hard RGC Resources's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 3 / 20

    Net income has been a median 3.4% of total assets over 10 years.

  • Pricing power 12 / 20

    Gross margin has been a median 44.2%, moving by 5.2 percentage points (standard deviation) across 8 years.

  • Durability 15 / 20

    Operating margin has been a median 18.3%; its worst year was 17.3%.

  • Cash conversion 2 / 20

    Free cash flow was positive in 2 of 10 years, at a median -8.6% of revenue.

  • Discipline 10 / 20

    The diluted share count rose 26.4% over five years; stock-based pay has been a median 0.7% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 18, 2026, after the close. Analysts expect revenue of $32m for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $1.37 — $110m +16%
Next $1.40 +2% $115m +4%

Next year's EPS estimate has moved 0.0% in 90 days, across 1 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −0.7% on 90 days ago. In the last 30 days, 0 analysts raised RGC Resources Inc's forecast and 1 cut it.

Consensus EPS forecast RGC Resources Inc, last 90 days
$1.37 $1.38 $1.39 $1.40 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $1.38 Current fiscal year, 60 days ago: $1.38 Current fiscal year, 30 days ago: $1.38 Current fiscal year, 7 days ago: $1.38 Current fiscal year, Now: $1.37 $1.37 Next fiscal year, 90 days ago: $1.40 Next fiscal year, 60 days ago: $1.40 Next fiscal year, 30 days ago: $1.40 Next fiscal year, 7 days ago: $1.40 Next fiscal year, Now: $1.40 $1.40

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $1.38$1.40
60 days ago $1.38$1.40
30 days ago $1.38$1.40
7 days ago $1.38$1.40
Now $1.37$1.40

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.05 $0.05 0.0%
Mar 2026 $0.78 $0.84 +7.7%
Dec 2025 $0.45 $0.47 +4.4%
Sept 2025 −$0.05 −$0.02 +60.0%

Adjusted EPS as companies report it, against the average analyst estimate.

Our model doesn't use the consensus here: consensus revenue is 1.67x the latest quarter's run rate while reported revenue fell 1% a year: a different business (spin-off, disposal or merger) - not used.

Analyst recommendations

1 analysts, Oct 2026
Buy00%
Hold1100%
Sell00%

Monthly trend

  1. Oct 202611

Counts of recommendations published by analysts covering RGC Resources Inc, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
1.4%
of tradable shares
Days to cover
8.31
at average volume
Short interest, 1 month
−8%
to October 15, 2026
Held by institutions
42%
of shares
Held by insiders
20.3%
of shares
Employees
106
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +15.5%

$19.95 on October 31, 2025 to $23.04

ThenNowEffect
Revenue (last 12 months) $94m $107m +13.8%
Net margin 14.5% 13.1% −9.9%
P/E multiple 15.1x 17.1x +13.6%
Share count 10m 10m −0.9%

Biggest factor: revenue.

Last 3 years +51.5%

$15.20 on November 3, 2023 to $23.04

ThenNowEffect
Revenue (last 12 months) $99m $107m +8.1%
P/S multiple 1.5x 2.2x +47.3%
Share count 10m 10m −4.8%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
RGCO−0%−1%−4%+3%+10%+12%
Industry peers (median)+16%+2%−9%+13%+16%+7%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
RGCO42%33%50%50%58%73%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
RGCO−17%−22%−35%−17%−15%−22%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 3, 2015: 42% from July 3, 2019 to October 27, 2023. Getting back needed a 72% gain, reached on May 1, 2026, 917 days after the low.

Price behaviour

52-week range
$19.95 – $26.07
From 52-week high
−11.6%
vs 50-day average
+5.7%
vs 200-day average
+4.7%
Volatility (1 year)
32%
Beta vs S&P 500
0.18

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 6 down
typical move ±2.9%
After a week
5 up, 7 down
typical move ±2.8%
After a month
6 up, 6 down
typical move ±5.3%
Results releasedNext dayS&P 500 next day5 days21 days
August 5, 2026 −1.6% −0.4% −3.2% −2.5%
May 6, 2026 +1.8% +1.1% 0.0% −1.3%
February 5, 2026 −3.4% +0.6% −4.2% +0.5%
November 19, 2025 −3.9% −1.1% +2.3% +5.7%
August 11, 2025 +7.7% +0.9% −1.3% +3.5%
May 7, 2025 0.0% +1.1% −2.8% −4.0%
February 10, 2025 +1.9% +0.8% +1.4% −2.5%
November 13, 2024 −4.3% −0.6% −6.7% −5.2%
August 5, 2024 −5.0% −2.0% −4.8% −3.7%
May 1, 2024 +2.9% +0.6% +0.1% +0.4%
February 6, 2024 +0.4% +1.1% +1.6% +8.1%
November 20, 2023 +1.4% +0.6% +5.4% +26.3%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

RGC Resources Inc in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) RGC Resources Inc
$80M $90M $100M $110M FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $97.4M Revenue (TTM), FY24 Q1: $88.6M Revenue (TTM), FY24 Q2: $83.2M Revenue (TTM), FY24 Q3: $84M Revenue (TTM), FY24 Q4: $84.6M Revenue (TTM), FY25 Q1: $87.5M Revenue (TTM), FY25 Q2: $91.3M Revenue (TTM), FY25 Q3: $94.1M Revenue (TTM), FY25 Q4: $95.3M Revenue (TTM), FY26 Q1: $98.3M Revenue (TTM), FY26 Q2: $107.3M Revenue (TTM), FY26 Q3: $107.1M $107.1M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $97.4M
FY24 Q1 $88.6M
FY24 Q2 $83.2M
FY24 Q3 $84M
FY24 Q4 $84.6M
FY25 Q1 $87.5M
FY25 Q2 $91.3M
FY25 Q3 $94.1M
FY25 Q4 $95.3M
FY26 Q1 $98.3M
FY26 Q2 $107.3M
FY26 Q3 $107.1M
Revenue growth, TTM YoY RGC Resources Inc
-20% -10% 0% 10% 20% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: 15.8% Revenue growth, TTM YoY, FY24 Q1: -6.0% Revenue growth, TTM YoY, FY24 Q2: -19.0% Revenue growth, TTM YoY, FY24 Q3: -15.2% Revenue growth, TTM YoY, FY24 Q4: -13.1% Revenue growth, TTM YoY, FY25 Q1: -1.2% Revenue growth, TTM YoY, FY25 Q2: 9.7% Revenue growth, TTM YoY, FY25 Q3: 12.0% Revenue growth, TTM YoY, FY25 Q4: 12.6% Revenue growth, TTM YoY, FY26 Q1: 12.3% Revenue growth, TTM YoY, FY26 Q2: 17.5% Revenue growth, TTM YoY, FY26 Q3: 13.8% 13.8%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 15.8%
FY24 Q1 -6.0%
FY24 Q2 -19.0%
FY24 Q3 -15.2%
FY24 Q4 -13.1%
FY25 Q1 -1.2%
FY25 Q2 9.7%
FY25 Q3 12.0%
FY25 Q4 12.6%
FY26 Q1 12.3%
FY26 Q2 17.5%
FY26 Q3 13.8%
Operating margin (TTM) RGC Resources Inc
16% 18% 20% 22% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Operating margin (TTM), FY23 Q4: 18.1% Operating margin (TTM), FY24 Q1: 21.2% Operating margin (TTM), FY24 Q2: 21.4% Operating margin (TTM), FY24 Q3: 20.9% Operating margin (TTM), FY24 Q4: 20.2% Operating margin (TTM), FY25 Q1: 20.3% Operating margin (TTM), FY25 Q2: 21.4% Operating margin (TTM), FY25 Q3: 20.4% Operating margin (TTM), FY25 Q4: 19.4% Operating margin (TTM), FY26 Q1: 18.0% Operating margin (TTM), FY26 Q2: 17.3% Operating margin (TTM), FY26 Q3: 17.3% 17.3%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q4 18.1%
FY24 Q1 21.2%
FY24 Q2 21.4%
FY24 Q3 20.9%
FY24 Q4 20.2%
FY25 Q1 20.3%
FY25 Q2 21.4%
FY25 Q3 20.4%
FY25 Q4 19.4%
FY26 Q1 18.0%
FY26 Q2 17.3%
FY26 Q3 17.3%
FCF margin (TTM) RGC Resources Inc
-10% -5% 0% 5% 10% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: -1.5% FCF margin (TTM), FY24 Q1: 2.9% FCF margin (TTM), FY24 Q2: -6.9% FCF margin (TTM), FY24 Q3: -6.3% FCF margin (TTM), FY24 Q4: -5.5% FCF margin (TTM), FY25 Q1: -4.2% FCF margin (TTM), FY25 Q2: 7.2% FCF margin (TTM), FY25 Q3: 7.8% FCF margin (TTM), FY25 Q4: 8.6% FCF margin (TTM), FY26 Q1: 8.7% FCF margin (TTM), FY26 Q2: 3.5% FCF margin (TTM), FY26 Q3: 1.9% 1.9%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 -1.5%
FY24 Q1 2.9%
FY24 Q2 -6.9%
FY24 Q3 -6.3%
FY24 Q4 -5.5%
FY25 Q1 -4.2%
FY25 Q2 7.2%
FY25 Q3 7.8%
FY25 Q4 8.6%
FY26 Q1 8.7%
FY26 Q2 3.5%
FY26 Q3 1.9%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar RGC Resources took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $95.3M
  2. Other operating costs $76.9M · 80.6%
  3. Operating income $18.4M · 19.4%
  4. Income tax $4.1M · 4.3%
  5. Interest and other $1.1M · 1.1%
  6. Net income $13.3M · 13.9%

Shares of revenue. Source: RGC Resources's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2010 Sept 2010 2011 Sept 2011 2012 Sept 2012 2013 Sept 2013 2014 Sept 2014 2015 Sept 2015 2016 Sept 2016 2017 Sept 2017 2018 Sept 2018 2019 Sept 2019 2020 Sept 2020 2021 Sept 2021 2022 Sept 2022 2023 Sept 2023 2024 Sept 2024 2025 Sept 2025 LTM Jun 2026
Income
Revenue 74 71 59 63 75 68 59 62 66 68 63 75 84 97 85 95 107
Gross profit 26 27 27 28 29 30 32 33 — — — — — — — — —
EBITDA 13 13 13 13 15 15 17 19 19 19 21 23 24 28 28 30 31
Operating income 9 9 9 9 10 10 11 12 11 12 13 15 15 18 17 18 19
Net income 4 5 4 4 5 5 6 6 7 9 11 10 −32 11 12 13 14
Diluted EPS $0.65 $0.67 $0.61 $0.61 $0.67 $0.72 $0.81 $0.86 $0.95 $1.08 $1.30 $1.22 −$3.48 $1.14 $1.16 $1.29 $1.35
Growth (year on year)
Revenue — −4.1% −16.9% +7.5% +18.7% −9.1% −13.4% +5.5% +5.2% +3.8% −7.3% +19.2% +12.0% +15.8% −13.1% +12.6% +13.8%
EBITDA — +4.1% −2.3% +2.1% +7.9% +4.9% +11.1% +9.7% −0.1% +3.4% +7.5% +13.6% +2.8% +14.8% −0.3% +8.4% +2.0%
Operating income — +3.7% −5.7% +0.1% +10.1% +3.3% +12.1% +8.7% −5.9% +1.1% +8.0% +18.1% +0.9% +18.5% −3.4% +8.0% −3.3%
Net income — +4.7% −7.7% −0.8% +10.5% +8.2% +14.0% +7.3% +17.1% +19.2% +21.5% −4.4% −414.1% — +4.1% +12.9% +2.6%
Diluted EPS — +3.1% −8.9% −1.1% +9.9% +8.0% +12.5% +6.2% +10.5% +13.7% +20.4% −6.2% −385.2% — +1.8% +11.2% +1.7%
Margins
Gross margin 35.8% 38.5% 45.8% 43.7% 39.1% 44.3% 53.4% 52.7% — — — — — — — — —
EBITDA margin 17.5% 19.0% 22.4% 21.3% 19.4% 22.3% 28.6% 29.8% 28.3% 28.2% 32.7% 31.2% 28.6% 28.4% 32.6% 31.4% 28.6%
Operating margin 12.2% 13.2% 14.9% 13.9% 12.9% 14.7% 19.0% 19.6% 17.5% 17.0% 19.8% 19.7% 17.7% 18.1% 20.2% 19.4% 17.3%
Net margin 6.0% 6.6% 7.3% 6.7% 6.3% 7.5% 9.8% 10.0% 11.1% 12.8% 16.7% 13.4% −37.7% 11.6% 13.9% 13.9% 13.1%
Free-cash-flow margin 1.6% 4.4% 5.3% 0.1% −10.5% 4.4% −5.1% −12.5% −14.9% −10.6% −16.0% −11.2% −11.8% −1.5% −5.5% 8.6% 1.9%
Cash flow
Cash from operations 7 11 12 10 7 17 15 13 14 15 13 12 16 24 17 29 23
Capital spending 6 8 9 10 15 14 18 21 23 22 23 20 25 25 22 21 21
Free cash flow 1 3 3 0 −8 3 −3 −8 −10 −7 −10 −8 −10 −2 −5 8 2
Stock-based pay — — — — — — — — — — — — — 0 1 1 1
Free cash flow after stock pay — — — — — — — — — — — — — −2 −5 8 1
Balance sheet
Cash 7 8 9 3 1 1 1 0 0 2 0 2 5 2 1 2 2
Total debt 28 28 13 13 40 40 48 62 71 104 124 141 137 141 149 149 148
Net debt (negative = net cash) 21 20 4 10 39 39 48 62 70 102 124 139 132 140 148 146 146
Diluted shares 7m 7m 7m 7m 7m 7m 7m 7m 8m 8m 8m 8m 9m 10m 10m 10m 10m
Returned to shareholders
Dividends 3 3 3 8 3 4 4 4 5 5 6 6 7 8 8 8 9
Total returned 3 3 3 8 3 4 4 4 5 5 6 6 7 8 8 8 9

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

1 of 6 checks passed · June 30, 2026
What it owns · $340m
Short-term assets $22mLonger-term assets $318m
What it owes, and who funded it · $146m
Short-term liabilities $23mShareholders' equity $123m
  • Short-term assets cover short-term liabilities $22m of assets due within a year against $23m of liabilities due within a year.
  • Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
  • More cash than debt $2m of cash against $148m of debt.
  • Debt below 40% of shareholders' equity Debt is 121% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 122% to 121% over five years.
  • A year's operating cash flow covers at least 20% of debt $23m of operating cash flow against $148m of debt.
  • Operating profit covers interest at least five times over Operating income of $19m against $6m of interest.

From RGC Resources Inc's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Dividends (TTM)
$8.8M
Returned to shareholders
437%
of free cash flow
Diluted share count
+1.0%
year over year
Total shareholder yield
3.7%
dividends 3.7% + buybacks 0.0% of market value
Dividend payout ratio
63%
of net income paid out
Days sales outstanding
22 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in gas utilities
Last 12 months unless stated RGCO OPAL CLNE CPK NWN SPH Median
Revenue, last 12 months $107m $340m $442m $994m $1.3bn $1.4bn $1.7bn
Revenue growth, last 12 months 13.8% 3.0% 5.2% 14.6% 4.4% −2.5% 6.4%
Revenue growth, 3-year average 2.6% 13.7% −1.4% 13.9% 2.7% −1.1% 0.8%
Revenue growth, latest quarter −0.9% 3.7% 3.7% 4.7% 3.1% 0.5% 3.7%
Gross margin 50.0% — — — — 63.1% 56.6%
Operating margin 17.3% 0.7% −7.3% 27.3% 22.8% 15.1% 19.4%
Operating margin, 3-year average 19.5% 5.0% −18.4% 27.1% 19.6% 14.6% 19.6%
Net margin 13.1% −0.1% −21.3% 15.1% 9.7% 9.4% 11.4%
Cash from operations / revenue 21.5% 11.3% 10.5% 31.0% 16.5% 13.0% 19.0%
Free-cash-flow margin 1.9% −15.2% 5.2% −20.9% −20.6% 7.3% 2.2%
Free-cash-flow margin, 3-year average 1.1% −17.6% 4.8% −16.4% −16.2% 8.1% 2.6%
Stock pay / revenue 0.7% 2.0% 2.0% 0.8% — — 0.8%
Change in share count 1.0% 4.7% −1.4% −65.7% 4.3% 1.2% 1.3%

Median of all 12 companies we cover in gas utilities. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

12 gas utilities companies
Measure Company Peer median Rank
Revenue growth Growth 13.8% 6.5% 4 of 12
Change in growth rate Growth -3.7pp -1.1pp 11 of 12
Operating margin Profitability 17.3% 21.6% 7 of 12
Net margin Profitability 13.1% 13.1% 6 of 12
Free-cash-flow margin Cash generation 1.9% 2.6% 7 of 12
Stock pay as % of revenue Cash generation 0.7% 0.8% 2 of 6
Long-term debt as % of assets Balance sheet 42.9% 39.9% 11 of 12
Change in share count Balance sheet 1.0% 2.0% 5 of 10
Days sales outstanding Balance sheet 22 days 35 days 1 of 8

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to September 30, 2025
Segments
Line of business Revenue Share YoY
Gas Utility $95.2M 100.0% ▲ 12.7%
Investment In Affiliates $0 0.0% —
Products and services
Line of business Revenue Share YoY
Gas Utility $95.2M 99.0% ▲ 12.7%
Other $893,463 0.9% ▼ 9.5%
Nonutility $102,269 0.1% ▼ 5.4%

From RGC Resources Inc's 10-K filed December 4, 2025, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$95.5M
Institutions reporting
99
Shares held vs prior quarter
▲ 2.5%
Positions opened / closed
10 / 1

Top buyers and sellers, Q2 2026: 45 institutions bought and 31 sold ; the biggest buyer was Raymond James Financial Inc (+74K shares) and the biggest seller UBS Group AG (−49K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Ameriprise Financial Inc $11.1M 463K 11.6% ▲ 12.9%
Blackrock, Inc. $10.2M 427K 10.7% ▼ 0.4%
GAMCO Investors, Inc. Et Al $9.8M 408K 10.2% ▼ 2.0%
Vanguard Capital Management LLC $8.6M 361K 9.0% ▲ 0.7%
Russell Investments Group, Ltd. $6.2M 258K 6.5% ▼ 4.7%
Gabelli Funds LLC $5.6M 236K 5.9% ▲ 2.4%
Geode Capital Management, LLC $5.2M 218K 5.5% ▲ 10.3%
Prospera Financial Services Inc $4.5M 190K 4.7% ▼ 1.6%
Dimensional Fund Advisors LP $3.1M 128K 3.2% ▲ 0.8%
State Street Corp $2.7M 113K 2.8% ▼ 0.1%
Teton Advisors, LLC $2.3M 95K 2.4% 0.0%
North Star Investment Management Corp. $2.2M 90K 2.3% ▼ 2.2%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not RGC Resources Inc's complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $198,126 59 trades by 6 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $198,126 net buying
Insider Date Trade Shares Price Value
Miles Christen Brooke VP, Human Resources October 1, 2026 Buy 5 $21.59 $100
Oliver Lawrence T. Senior VP and Secretary October 1, 2026 Buy 9 $21.59 $200
Williamson John B Iii Director September 24, 2026 Buy 100 $20.80 $2,080
Williamson John B Iii Director September 24, 2026 Buy 100 $20.85 $2,085
Williamson John B Iii Director September 24, 2026 Buy 3 $20.75 $62
Williamson John B Iii Director September 23, 2026 Buy 178 $20.70 $3,685
Williamson John B Iii Director September 23, 2026 Buy 250 $20.75 $5,188
Williamson John B Iii Director September 23, 2026 Buy 250 $20.79 $5,198
Williamson John B Iii Director September 23, 2026 Buy 250 $20.83 $5,208
Williamson John B Iii Director September 23, 2026 Buy 1,000 $21.19 $21,190
Williamson John B Iii Director September 23, 2026 Buy 250 $20.65 $5,162
Williamson John B Iii Director September 23, 2026 Buy 322 $20.85 $6,714

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around November 18, 2026 estimated from the company's past filing pattern, not announced

  • August 5, 2026
  • May 6, 2026
  • February 5, 2026
  • November 19, 2025
  • August 11, 2025
  • May 7, 2025

Recent SEC filings

Data status

When each part of this page on RGC Resources Inc was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

RGC Resources Inc in brief

What does RGC Resources Inc do?
RGC Resources Inc is a US-listed company in the gas utilities industry. Its financial year ends in September.
What is RGC Resources Inc's stock ticker?
RGC Resources Inc trades under the ticker RGCO on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is RGC Resources Inc's revenue, and how fast is it growing?
Over its most recent trailing twelve months, RGC Resources Inc reported revenue of $107M, 13.8% higher than a year earlier, according to its SEC filings.
What is RGC Resources Inc's free cash flow?
RGC Resources Inc's free-cash-flow margin is 1.9% of revenue over the trailing twelve months, ranking 7 of the 12 gas utilities companies we cover.
Who are RGC Resources Inc's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Ameriprise Financial Inc, Blackrock, Inc. and GAMCO Investors, Inc. Et Al. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is RGC Resources Inc's market cap?
On November 2, 2026, RGC Resources Inc's market capitalisation was about $239M, with a price-to-earnings ratio of 17.1 and net debt of $146M. Market figures come from third-party market data and may be delayed.
Does RGC Resources Inc pay a dividend?
Yes: RGC Resources Inc paid $8.8M in dividends over the trailing twelve months, a dividend yield of 3.67% and a payout ratio of 63.0%.
How much debt does RGC Resources Inc have?
RGC Resources Inc's debt-to-equity ratio is 120.8%, from its latest balance sheet (122.0% five years earlier). The financial health section below sets out its other solvency checks.
Who are RGC Resources Inc's competitors?
In our Gas Utilities peer group, the companies closest to RGC Resources Inc are Opal Fuels Inc., Clean Energy Fuels Corp., Chesapeake Utilities Corp, Northwest Natural Holding Co and Suburban Propane Partners LP. The side-by-side comparison below sets their revenue, margins and growth against RGC Resources Inc's.
Are insiders buying or selling RGC Resources Inc stock?
Over the last 12 months, RGC Resources Inc's directors and officers reported 59 open-market purchases and 0 sales on Form 4. The insider trading page charts every trade.
When is RGC Resources Inc's next earnings date?
Around November 18, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — RGC Resources Inc announces its own schedule.