Natural Gas Services (NGS) Asset Utilization Ratio (2011 - 2026)
Natural Gas Services' (NGS) quarterly Asset Utilization Ratio came in at 0.31 in Q1 2026, down 5.9% year-on-year from 0.32 in Q1 2025, and up 1.75% quarter-over-quarter from 0.3 in Q4 2025.
Natural Gas Services (NGS) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Natural Gas Services has disclosed Asset Utilization Ratio across 16 years of filings, most recently posting 0.31 for Q1 2026.
- Asset Utilization Ratio for Q1 2026 came in at 0.31, down 5.9% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.31 (down 5.9% YoY), and the FY2025 annual result was 0.32, down 1.07% from the prior year.
- Asset Utilization Ratio came in at 0.31 for Q1 2026 at Natural Gas Services, up from 0.3 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.44 in Q4 2022 to a low of 0.16 in Q4 2023.
- The 5-year median for Asset Utilization Ratio is 0.3 (2025), against an average of 0.29.
- Across the five-year window, Asset Utilization Ratio jumped 246.55% in 2022 and tumbled 63.82% in 2023, its largest moves.
- Natural Gas Services' Asset Utilization Ratio stood at 0.44 in 2022, then plunged by 63.82% to 0.16 in 2023, then jumped by 98.06% to 0.32 in 2024, then declined by 5.23% to 0.3 in 2025, then gained by 1.75% to 0.31 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.31 (Q1 2026), 0.3 (Q4 2025), and 0.31 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 0.51 |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 0.61 |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 0.88 |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 1.01 |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | 0.22 |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 0.77 |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 0.95 |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 0.35 |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 0.30 |
| 10 | Natural Gas Services | 501.72 Mn | 499.41 Mn | 30.25 Mn | 0.31 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 0.29 |
| Mar 31, 2024 | 0.22 |
| Dec 31, 2023 | 0.16 |
| Sep 30, 2023 | 0.26 |
| Jun 30, 2023 | 0.26 |
| Mar 31, 2023 | 0.35 |
| Dec 31, 2022 | 0.44 |
| Sep 30, 2022 | 0.27 |
| Jun 30, 2022 | 0.26 |
| Mar 31, 2022 | 0.20 |
| Dec 31, 2021 | 0.14 |
| Sep 30, 2021 | 0.13 |
| Jun 30, 2021 | 0.08 |