Natural Gas Services (NGS) EV to CFO (2009 - 2026)
Natural Gas Services' (NGS) EV to CFO stood at 5.27 in Q3 2026, down 12.3% from 6.01 a year earlier and down 25.0% from the prior quarter.
Natural Gas Services (NGS) EV to CFO (2009 - 2026) Analysis & Trends
On a TTM basis, Natural Gas Services' EV to CFO came in at 5.24 as of Sep 30, 2026, down 11.7% year-over-year; for FY2025, it came in at 6.73, up 34.3% from FY2024.
- Across earlier years, EV to CFO came in at 5.01 in FY2024 (-58.4%), 12.05 in FY2023 (+120.8%), 5.46 in FY2022 (+32.8%) and 4.11 in FY2021 (+38.2%).
- The Q3 2026 figure is the lowest quarterly EV to CFO since Q2 2025.
- On a year-over-year basis, EV to CFO rose in four of the last eight quarters, with growth averaging 1.8%.
- Peak year-over-year performance for EV to CFO in the last five years was growth of 191.6% in Q2 2024, against a decline of 92.4% in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 7.03 (Q2 2026), 7.31 (Q1 2026) and 6.73 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 76.30 Bn | 73.91 Bn | 1.57 Bn |
| 2 | Baker Hughes | 49.10 Bn | 11.25 Bn | 1.96 Bn |
| 3 | Halliburton | 27.94 Bn | 19.88 Bn | 840.00 Mn |
| 4 | TechnipFMC | 25.83 Bn | 21.81 Bn | 728.70 Mn |
| 5 | Noble | 6.97 Bn | 5.04 Bn | 228.22 Mn |
| 6 | Nov | 6.45 Bn | 1.39 Bn | 439.00 Mn |
| 7 | Weatherford International | 6.27 Bn | 2.04 Bn | 374.00 Mn |
| 8 | Transocean | 6.19 Bn | 4.23 Bn | 348.00 Mn |
| 9 | Valaris | 5.84 Bn | 3.59 Bn | 176.30 Mn |
| 10 | Natural Gas Services | 383.29 Mn | 380.19 Mn | 36.85 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.27 |
| Jun 30, 2026 | 7.03 |
| Mar 31, 2026 | 7.31 |
| Dec 31, 2025 | 6.73 |
| Sep 30, 2025 | 6.01 |
| Jun 30, 2025 | 4.78 |
| Mar 31, 2025 | 3.33 |
| Dec 31, 2024 | 5.01 |
| Sep 30, 2024 | 4.82 |
| Jun 30, 2024 | 9.33 |
| Mar 31, 2024 | 43.62 |
| Dec 31, 2023 | 12.05 |
| Sep 30, 2023 | 5.43 |
| Jun 30, 2023 | 3.20 |
| Mar 31, 2023 | 2.96 |
| Dec 31, 2022 | 5.46 |
| Sep 30, 2022 | 4.25 |
| Jun 30, 2022 | 4.33 |
| Mar 31, 2022 | 5.06 |
| Dec 31, 2021 | 4.11 |
Natural Gas Services EV to CFO 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=ev-to-cfo&ticker=NGS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=NGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();