Natural Gas Services (NGS) EBITDA Margin (2009 - 2026)
Natural Gas Services' EBITDA Margin was 45.89% in Q3 2026, down 0.97 percentage points from 46.86% a year earlier but up 4.51 percentage points from the prior quarter.
Natural Gas Services (NGS) EBITDA Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Natural Gas Services' EBITDA Margin was 43.59% through Sep 30, 2026, up 0.07 percentage points year-over-year; for FY2025, it was 43.60%, up 1.86 percentage points from FY2024.
- EBITDA Margin has now increased for four consecutive years, with a five-year change of +11.86 percentage points (FY2020 to FY2025).
- In earlier years, EBITDA Margin was 41.74% in FY2024 (+10.84 pp), 30.89% in FY2023 (+1.90 pp), 28.99% in FY2022 (+11.02 pp) and 17.98% in FY2021 (-13.76 pp).
- Quarterly EBITDA Margin has moved between -9.90% (Q4 2021) and 48.95% (Q1 2026) over five years.
- Compared with a year earlier, EBITDA Margin was higher in five of the last eight quarters, with an average year-over-year change of +1.27 percentage points.
- The best year-over-year quarter for EBITDA Margin over five years was Q4 2022 (a gain of 35.19 percentage points); the worst was Q4 2021 (a drop of 34.03 percentage points).
- Per Business Quant data, NGS's EBITDA Margin in the three quarters before Q3 2026 was 41.38% (Q2 2026), 48.95% (Q1 2026) and 37.37% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.30 Bn | 73.91 Bn | 1.57 Bn | 19.44% |
| 2 | Baker Hughes | 49.10 Bn | 11.25 Bn | 1.96 Bn | 24.67% |
| 3 | Halliburton | 27.94 Bn | 19.88 Bn | 840.00 Mn | 16.13% |
| 4 | TechnipFMC | 25.83 Bn | 21.81 Bn | 728.70 Mn | 21.66% |
| 5 | Noble | 6.97 Bn | 5.04 Bn | 228.22 Mn | 27.93% |
| 6 | Nov | 6.45 Bn | 1.39 Bn | 439.00 Mn | 10.56% |
| 7 | Weatherford International | 6.27 Bn | 2.04 Bn | 374.00 Mn | 19.51% |
| 8 | Transocean | 6.19 Bn | 4.23 Bn | 348.00 Mn | 31.80% |
| 9 | Valaris | 5.84 Bn | 3.59 Bn | 176.30 Mn | 21.66% |
| 10 | Natural Gas Services | 383.29 Mn | 380.19 Mn | 36.85 Mn | 45.89% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 45.89% |
| 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% |
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();