Natural Gas Services (NGS) Asset Utilization Ratio (2011 - 2026)

Natural Gas Services (NGS) reported Asset Utilization Ratio of 0.31 for Q1 2026, down 5.9% on a YoY basis from 0.32 in Q1 2025, and up 1.75% sequentially from 0.3 in Q4 2025.

Natural Gas Services (NGS) Asset Utilization Ratio (2011 - 2026) Analysis & Trends

Natural Gas Services (NGS) has 16 years of Asset Utilization Ratio data on file, last reported at 0.31 in Q1 2026.

  • For the quarter ending Q1 2026, Asset Utilization Ratio fell 5.9% year-over-year to 0.31; the trailing twelve-month figure through Mar 2026 stood at 0.31 (down 5.9% YoY), and the FY2025 full-year result was 0.32, down 1.07% from the prior year.
  • Asset Utilization Ratio rose to 0.31 in Q1 2026, from 0.3 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.32 in Q1 2025 to a low of 0.1 in Q4 2023.
  • A 5-year average of 0.26 and a median of 0.3 in 2022 frame the typical range for Asset Utilization Ratio.
  • Across the five-year window, Asset Utilization Ratio plunged 62.88% in 2023 and soared 215.73% in 2024, its largest moves.
  • Tracing NGS's Asset Utilization Ratio over 5 years: stood at 0.27 in 2022, then sank by 62.88% to 0.1 in 2023, then soared by 215.73% to 0.32 in 2024, then dropped by 5.23% to 0.3 in 2025, then rose by 1.75% to 0.31 in 2026.
  • Business Quant data shows NGS's Asset Utilization Ratio at 0.31 in Q1 2026, 0.3 in Q4 2025, and 0.31 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn 0.35
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn 0.45
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 1.01
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 0.88
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn 0.77
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 0.94
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 0.35
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn 1.06
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn 0.30
10 Natural Gas Services 456.93 Mn 454.61 Mn 30.25 Mn 0.31

Historic Data

Download Data
DateValue
Mar 31, 2026 0.31
Dec 31, 2025 0.30
Sep 30, 2025 0.31
Jun 30, 2025 0.32
Mar 31, 2025 0.32
Dec 31, 2024 0.32
Sep 30, 2024 0.31
Jun 30, 2024 0.24
Mar 31, 2024 0.17
Dec 31, 2023 0.10
Sep 30, 2023 0.20
Jun 30, 2023 0.22
Mar 31, 2023 0.24
Dec 31, 2022 0.27
Sep 30, 2022 0.25
Jun 30, 2022 0.30
Mar 31, 2022 0.30
Dec 31, 2021 0.29
Sep 30, 2021 0.28
Jun 30, 2021 0.23