Sound shipRGC Resources $RGCO
Grew revenue 12.6% in FY2025 to $95 million, operating margin 19.4% against a 27.5% median for natural gas transmisison & distribution, equity 34.4% of assets, and dividend per share up 10 years running.
Last filing8-K · Item 1.01 Entry into a Material Definitive Agreement, 2 Nov 2026
Edgarette’s full reading · exposure, experience, soundness, credibility, range
🫧 Edgar looked up RGC Resources, Inc. ($RGCO). Last filing: 8-K (1.01 Entry into a Material Definitive Agreement), 2026-11-02. 15 event filings (8-K) in the past twelve months.
🔖 Exposure: revenue $95.3M (FY2025), total debt $148.6M. Experience: revenue up 12.6% on the year, up 6.1% a year over 4 years; operating margin 19.4%, down from 20.2%. Soundness: equity 34.4% of assets, return on equity 11.7%, payout 63.8% of profit, dividend per share up 10 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $72.0M and $139.3M next year (method v4.1: its own 6-year record of growth weighed at 63% against $50M–100M filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $73.8M to $136.1M. A statistical range, not company guidance. Against peers (29 filers, $50M+ revenue, its industry group): operating margin 19.4% against a 27.5% median; growth 12.6% against 13.0%.
Read from its own SEC filings · nothing written, nothing inferred
Gold paid out, navy kept. Kept share × return on equity = the growth it can fund itself. Facts from the filings, not a recommendation.
Speed and cash · fiscal 2025
Both views must agree for a label · a description, not advice.
| Cash flow (op · inv · fin · free) | $29M · −$21M · −$7M · $8M |
| Investment book (cash · short · long) | $2M · — · $21M · current ratio 1.03 |
| Revenue swing · equity of assets | 13.1% · 34.1% |
RGC Resources is growing slower than its size class, with steadier revenue. Its own audited SEC figures.
The figures, as filed
| Fiscal year end | 2025-09-30 |
| Revenue | $95M |
| Revenue, on the year | 12.6% |
| Revenue, a year over the record | 6.1% |
| Operating margin | 19.4% |
| Operating margin, prior year | 20.2% |
| Net margin | 13.9% |
| Research and development | not filed separately |
| Total debt | $149M |
| Equity of assets | 34.4% |
| Return on equity | 11.7% |
| Payout of profit | 63.8% |
| Dividend per share | $0.83 · up 10 years running |
| Earnings per share | $1.29 |
| Book value per share | $11.02 |
| Revenue per share | $9.25 |
| Shares outstanding | 10,308,686 |
| Audited years read | 5 |
Peers: the median of 29 filers with $50M+ revenue in natural gas transmisison & distribution.
Classic signals · fiscal 2025Altman Z″ not covered: a regulated utility runs negative working capital by design, which the model reads as distressPiotroski F 6 of 9 solid 2000Beneish M not enough filed detail (needs receivables, cost of revenue, PP&E, depreciation, SG&A for two years)Sloan accruals -4.8% earnings backed by cash 1996DuPont ROE 12% = margin 13.9% × turns 0.29 × leverage 2.93
What a terminal subscription used to buy, a filing and arithmetic now give anyone. Published method, from the same filings. Display only: nothing here moves the range or its receipt. Why? →
Health HarborRGC Resources sails as: Sound ship
Health watch · 12 monthsquiet · none of the watched events filed
Sailing speed follows growth: 4.2% a year crosses the harbor in 67 seconds.
🌊 Visit the Bay →- revenue is hard to predict: its 80% range is ±32%
Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an operating loss; negative free cash flow outside regulated utilities; an 80% revenue range of ±25% or wider. A picture of the signs, not a rating and not investment advice.
- 8-K · 2026-11-02 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 9.01 Financial Statements and Exhibits
- 8-K · 2026-09-14 · 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits
- 8-K · 2026-08-07 · 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits
- 10-Q · 2026-08-06
- 8-K · 2026-08-05 · 2.02 Results of Operations and Financial Condition; 8.01 Other Events; 9.01 Financial Statements and Exhibits
- 8-K · 2026-06-04 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 9.01 Financial Statements and Exhibits
Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price. Reporting, not investment advice. No price targets and no trading recommendations. Figures from the SEC’s own data · every filing · this page as JSON · ask about another company