Natural Gas Services (NGS) Interest Coverage Ratio (2010 - 2026)
Natural Gas Services (NGS) posted Interest Coverage Ratio of 3.25 for Q1 2026, up 70.58% sequentially from 1.9 in Q4 2025, and up 8.22% YoY from 3.0 in Q1 2025.
Natural Gas Services (NGS) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Natural Gas Services has reported Interest Coverage Ratio for 17 years, with the latest figure at 3.25 in Q1 2026.
- Quarterly Interest Coverage Ratio rose 8.22% year-over-year to 3.25 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 2.83 (up 2.82% YoY) and the FY2025 annual result came in at 2.52, up 39.17% from the prior year.
- Interest Coverage Ratio improved to 3.25 in Q1 2026 per NGS's latest filing, from 1.9 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 27.42 in Q2 2022 and troughed at 11.76 in Q3 2022.
- A 5-year average of 2.95 and a median of 3.0 in 2025 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2023 and 2024: Interest Coverage Ratio slumped 91.38% in 2023, then jumped 273.7% in 2024.
- Over 5 years, Interest Coverage Ratio stood at 1.08 in 2022, then slipped by 6.6% to 1.15 in 2023, then surged by 273.7% to 2.0 in 2024, then retreated by 5.07% to 1.9 in 2025, then soared by 70.58% to 3.25 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 3.25, 1.9, and 3.15 for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn | 33.66 |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn | - |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 | -40.66 |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn | -82.21 |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn | - |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn | 12.48 |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn | - |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn | - |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn | 5.53 |
| 10 | Natural Gas Services | 450.33 Mn | 450.33 Mn | 30.81 Mn | 2.23 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.23 |
| Mar 31, 2026 | 3.25 |
| Dec 31, 2025 | 1.90 |
| Sep 30, 2025 | 3.15 |
| Jun 30, 2025 | 3.06 |
| Mar 31, 2025 | 3.00 |
| Dec 31, 2024 | 2.00 |
| Sep 30, 2024 | 3.11 |
| Jun 30, 2024 | 2.90 |
| Mar 31, 2024 | 1.50 |
| Dec 31, 2023 | -1.15 |
| Sep 30, 2023 | 3.07 |
| Jun 30, 2023 | 3.85 |
| Mar 31, 2023 | 0.47 |
| Dec 31, 2022 | -1.08 |
| Sep 30, 2022 | -11.76 |
| Jun 30, 2022 | 27.42 |
| Mar 31, 2022 | 5.46 |
| Dec 31, 2021 | -15.86 |
| Sep 30, 2021 | -62.52 |