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| 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 | 0.24 |
| 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 |