Natural Gas Services (NGS) Invested Capital (2009 - 2026)
Natural Gas Services' Invested Capital was $639.22 million in Q3 2026, up 33.3% from $479.42 million a year earlier and up 2.7% from the prior quarter.
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Analysis
Natural Gas Services (NGS) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Invested Capital at Natural Gas Services came in at $504.72 million, up 18.7% from FY2024.
- Invested Capital has now increased for four consecutive years, with a five-year compound annual growth rate of 14.9% (FY2020 to FY2025).
- In earlier years, Invested Capital was $425.06 million in FY2024 (+6.3%), $399.89 million in FY2023 (+56.8%), $255.08 million in FY2022 (+8.1%) and $235.91 million in FY2021 (-6.4%).
- The Q3 2026 figure marks the highest quarterly Invested Capital since Q1 2014.
- Compared with a year earlier, Invested Capital has increased for 16 straight quarters, with growth averaging 18.1% over the last eight quarters.
- The best year-over-year quarter for Invested Capital over five years was Q4 2023 (growth of 56.8%); the worst was Q2 2022 (a decline of 7.3%).
- Per Business Quant data, NGS's Invested Capital in the three quarters before Q3 2026 was $622.49 million (Q2 2026), $506.53 million (Q1 2026) and $504.72 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.30 Bn | 73.91 Bn | 1.57 Bn | 40.01 Bn |
| 2 | Baker Hughes | 49.10 Bn | 11.25 Bn | 1.96 Bn | 38.83 Bn |
| 3 | Halliburton | 27.94 Bn | 19.88 Bn | 840.00 Mn | 18.23 Bn |
| 4 | TechnipFMC | 25.83 Bn | 21.81 Bn | 728.70 Mn | 3.74 Bn |
| 5 | Noble | 6.97 Bn | 5.04 Bn | 228.22 Mn | 6.18 Bn |
| 6 | Nov | 6.45 Bn | 1.39 Bn | 439.00 Mn | 8.02 Bn |
| 7 | Weatherford International | 6.27 Bn | 2.04 Bn | 374.00 Mn | 3.47 Bn |
| 8 | Transocean | 6.19 Bn | 4.23 Bn | 348.00 Mn | 13.47 Bn |
| 9 | Valaris | 5.84 Bn | 3.59 Bn | 176.30 Mn | 4.36 Bn |
| 10 | Natural Gas Services | 383.29 Mn | 380.19 Mn | 36.85 Mn | 639.22 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 639.22 Mn |
| Jun 30, 2026 | 622.49 Mn |
| Mar 31, 2026 | 506.53 Mn |
| Dec 31, 2025 | 504.72 Mn |
| Sep 30, 2025 | 479.42 Mn |
| Jun 30, 2025 | 448.21 Mn |
| Mar 31, 2025 | 428.26 Mn |
| Dec 31, 2024 | 425.06 Mn |
| Sep 30, 2024 | 414.19 Mn |
| Jun 30, 2024 | 408.66 Mn |
| Mar 31, 2024 | 413.27 Mn |
| Dec 31, 2023 | 399.89 Mn |
| Sep 30, 2023 | 361.97 Mn |
| Jun 30, 2023 | 331.60 Mn |
| Mar 31, 2023 | 291.76 Mn |
| Dec 31, 2022 | 255.08 Mn |
| Sep 30, 2022 | 232.26 Mn |
| Jun 30, 2022 | 229.76 Mn |
| Mar 31, 2022 | 233.38 Mn |
| Dec 31, 2021 | 235.91 Mn |
API Access
Natural Gas Services Invested Capital 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=invested-capital&ticker=NGS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=NGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();