Natural Gas Services (NGS) Asset Utilization Ratio (2011 - 2026)
Natural Gas Services (NGS) posted Asset Utilization Ratio of 0.31 for Q1 2026, up 1.75% sequentially from 0.3 in Q4 2025, and down 5.9% YoY from 0.32 in Q1 2025.
Natural Gas Services (NGS) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Natural Gas Services has reported Asset Utilization Ratio for 16 years, with the latest figure at 0.31 in Q1 2026.
- Quarterly Asset Utilization Ratio fell 5.9% year-over-year to 0.31 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.31 (down 5.9% YoY) and the FY2025 annual result came in at 0.32, down 1.07% from the prior year.
- Asset Utilization Ratio rose to 0.31 in Q1 2026 per NGS's latest filing, from 0.3 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 0.32 in Q1 2025 and troughed at 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.
- The sharpest annual moves came in 2023 and 2024: Asset Utilization Ratio slumped 62.88% in 2023, then surged 215.73% in 2024.
- Over 5 years, Asset Utilization Ratio stood at 0.27 in 2022, then plunged by 62.88% to 0.1 in 2023, then soared by 215.73% to 0.32 in 2024, then retreated by 5.23% to 0.3 in 2025, then climbed by 1.75% to 0.31 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.31, 0.3, and 0.31 for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn | 0.51 |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn | 0.54 |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 | 145,330.70 |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn | 1.02 |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn | 0.88 |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn | 0.77 |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn | 0.94 |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn | 0.28 |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn | 0.34 |
| 10 | Natural Gas Services | 450.33 Mn | 450.33 Mn | 30.81 Mn | 0.29 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.29 |
| 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 |