Natural Gas Services (NGS) Interest Coverage Ratio (2009 - 2026)
Natural Gas Services' (NGS) Interest Coverage Ratio was 2.26 for Q3 2026, down 28.2% from 3.15 a year earlier but up 1.2% from the prior quarter.
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Analysis
Natural Gas Services (NGS) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Natural Gas Services' Interest Coverage Ratio came in at 2.40, down 15.0% year-over-year; for FY2025, it came in at 2.75, down 1.6% from FY2024.
- By year, Interest Coverage Ratio came in at 2.79 in FY2024 (+9.1%), 2.56 in FY2023 (+116.4%), 1.18 in FY2022 and -190.89 in FY2021.
- Five-year quarterly Interest Coverage Ratio spans a low of -327.36 in Q4 2021 and a high of 27.42 in Q2 2022.
- Year over year, Interest Coverage Ratio gained in four of the last eight quarters, with an average decline of 5.9%.
- The high point for year-over-year Interest Coverage Ratio in five years was Q1 2026 (growth of 8.2%); the low point was Q2 2023 (a decline of 86.0%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 2.23 (Q2 2026), 3.25 (Q1 2026) and 1.90 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.30 Bn | 73.91 Bn | 1.57 Bn | 8.56 |
| 2 | Baker Hughes | 49.10 Bn | 11.25 Bn | 1.96 Bn | 8.47 |
| 3 | Halliburton | 27.94 Bn | 19.88 Bn | 840.00 Mn | - |
| 4 | TechnipFMC | 25.83 Bn | 21.81 Bn | 728.70 Mn | 42.47 |
| 5 | Noble | 6.97 Bn | 5.04 Bn | 228.22 Mn | 1.72 |
| 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 | 1.07 |
| 9 | Valaris | 5.84 Bn | 3.59 Bn | 176.30 Mn | - |
| 10 | Natural Gas Services | 383.29 Mn | 380.19 Mn | 36.85 Mn | 2.26 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.26 |
| 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 | 3.18 |
| Dec 31, 2023 | 1.93 |
| Sep 30, 2023 | 3.07 |
| Jun 30, 2023 | 3.85 |
| Dec 31, 2022 | -1.09 |
| Sep 30, 2022 | -11.76 |
| Jun 30, 2022 | 27.42 |
| Mar 31, 2022 | 15.92 |
| Dec 31, 2021 | -327.36 |
| Sep 30, 2021 | -62.52 |
API Access
Natural Gas Services Interest Coverage Ratio 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=interest-coverage-ratio&ticker=NGS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=NGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();