Natural Gas Services (NGS) FCF Margin (2010 - 2026)
Natural Gas Services (NGS) reported FCF Margin of 12.93% for Q2 2026, up 48.73 percentage points from -35.80% a year earlier but down 3.14 percentage points from the prior quarter.
Natural Gas Services (NGS) FCF Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Natural Gas Services' FCF Margin came in at -16.54%, down 3.69 percentage points year-over-year; for FY2025, it was -33.98%, down 30.52 percentage points from FY2024.
- FCF Margin has a five-year change of -59.54 percentage points (FY2020 to FY2025).
- By year, FCF Margin came in at -3.46% in FY2024 (+108.70 pp), -112.17% in FY2023 (-68.13 pp), -44.04% in FY2022 (-47.93 pp) and 3.89% in FY2021 (-21.67 pp).
- Five-year quarterly FCF Margin spans a low of -153.08% in Q2 2023 and a high of 21.25% in Q2 2024.
- Year over year, FCF Margin gained in five of the last eight quarters, with an average year-over-year change of +14.11 percentage points.
- The high point for year-over-year FCF Margin in five years was Q2 2024 (a gain of 174.33 percentage points); the low point was Q2 2023 (a drop of 139.49 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 16.07% (Q1 2026), -44.85% (Q4 2025) and -57.75% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn | 10.03% |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn | 15.50% |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn | 17.66% |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn | 10.31% |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn | -3.00% |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn | -8.39% |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn | 21.95% |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn | 12.04% |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn | -17.14% |
| 10 | Natural Gas Services | 417.52 Mn | 417.52 Mn | 30.81 Mn | 12.93% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.93% |
| Mar 31, 2026 | 16.07% |
| Dec 31, 2025 | -44.85% |
| Sep 30, 2025 | -57.75% |
| Jun 30, 2025 | -35.80% |
| Mar 31, 2025 | 4.86% |
| Dec 31, 2024 | -12.59% |
| Sep 30, 2024 | -7.79% |
| Jun 30, 2024 | 21.25% |
| Mar 31, 2024 | -14.42% |
| Dec 31, 2023 | -91.23% |
| Sep 30, 2023 | -102.10% |
| Jun 30, 2023 | -153.08% |
| Mar 31, 2023 | -111.08% |
| Dec 31, 2022 | -98.94% |
| Sep 30, 2022 | -41.51% |
| Jun 30, 2022 | -13.59% |
| Mar 31, 2022 | -15.82% |
| Dec 31, 2021 | 10.75% |
| Sep 30, 2021 | 3.80% |
Natural Gas Services FCF 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=fcf-margin&ticker=NGS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=NGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();