Natural Gas Services (NGS) EBITDA Margin (2010 - 2026)
Natural Gas Services' EBITDA Margin was 40.66% in Q2 2026, down 4.99 percentage points from 45.66% a year earlier and down 7.61 percentage points from the prior quarter.
Natural Gas Services (NGS) EBITDA Margin (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Natural Gas Services' EBITDA Margin was 42.88% through Jun 30, 2026, up 0.78 percentage points year-over-year; for FY2025, it was 42.92%, up 1.66 percentage points from FY2024.
- EBITDA Margin has now increased for four consecutive years, with a five-year change of +11.18 percentage points (FY2020 to FY2025).
- In earlier years, EBITDA Margin was 41.26% in FY2024 (+10.72 pp), 30.54% in FY2023 (+1.60 pp), 28.94% in FY2022 (+11.00 pp) and 17.94% in FY2021 (-13.80 pp).
- Quarterly EBITDA Margin has moved between -9.97% (Q4 2021) and 48.28% (Q1 2026) over five years.
- Compared with a year earlier, EBITDA Margin was higher in six of the last eight quarters, with an average year-over-year change of +1.97 percentage points.
- The best year-over-year quarter for EBITDA Margin over five years was Q4 2022 (a gain of 35.20 percentage points); the worst was Q4 2021 (a drop of 34.10 percentage points).
- Per Business Quant data, NGS's EBITDA Margin in the three quarters before Q2 2026 was 48.28% (Q1 2026), 36.65% (Q4 2025) and 46.09% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.94 Bn | 74.87 Bn | 1.40 Bn | 19.87% |
| 2 | Baker Hughes | 55.26 Bn | 18.37 Bn | 1.58 Bn | 17.68% |
| 3 | Halliburton | 29.18 Bn | 20.90 Bn | 804.00 Mn | 18.80% |
| 4 | TechnipFMC | 27.68 Bn | 23.82 Bn | 684.70 Mn | -54.16% |
| 5 | Noble | 7.61 Bn | 5.54 Bn | 239.27 Mn | 23.63% |
| 6 | Transocean | 7.18 Bn | 4.89 Bn | 358.00 Mn | 32.09% |
| 7 | Nov | 7.10 Bn | 1.83 Bn | 521.00 Mn | 13.40% |
| 8 | Valaris | 6.76 Bn | 4.37 Bn | 123.70 Mn | 17.75% |
| 9 | Weatherford International | 6.24 Bn | 1.98 Bn | 374.00 Mn | 19.51% |
| 10 | Natural Gas Services | 392.46 Mn | 390.06 Mn | 30.81 Mn | 41.38% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 41.38% |
| Mar 31, 2026 | 48.95% |
| Dec 31, 2025 | 37.37% |
| Sep 30, 2025 | 46.86% |
| Jun 30, 2025 | 46.37% |
| Mar 31, 2025 | 44.35% |
| Dec 31, 2024 | 36.22% |
| Sep 30, 2024 | 43.65% |
| Jun 30, 2024 | 42.55% |
| Mar 31, 2024 | 44.86% |
| Dec 31, 2023 | 32.40% |
| Sep 30, 2023 | 37.66% |
| Jun 30, 2023 | 26.94% |
| Mar 31, 2023 | 24.86% |
| Dec 31, 2022 | 25.29% |
| Sep 30, 2022 | 26.01% |
| Jun 30, 2022 | 33.68% |
| Mar 31, 2022 | 31.74% |
| Dec 31, 2021 | -9.90% |
| Sep 30, 2021 | 26.50% |
Natural Gas Services EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=NGS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "NGS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=NGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();