Natural Gas Services (NGS) Net Margin (2009 - 2026)
Natural Gas Services' Net Margin came in at 9.16% for Q3 2026, down 4.17 percentage points from 13.33% a year earlier but up 1.71 percentage points from the prior quarter.
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Analysis
Natural Gas Services (NGS) Net Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Natural Gas Services reported Net Margin of 9.80%, down 1.41 percentage points year-over-year; for FY2025, it was 11.56%, up 0.57 percentage points from FY2024.
- Net Margin has increased in each of the last four years, with a five-year change of +8.91 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was 10.99% in FY2024 (+7.07 pp), 3.92% in FY2023 (+4.59 pp), -0.67% in FY2022 (+12.01 pp) and -12.68% in FY2021 (-15.34 pp).
- The five-year range for quarterly Net Margin is -31.14% (Q4 2021) to 13.95% (Q1 2026).
- Year-over-year, Net Margin increased in five of the last eight quarters, with an average year-over-year change of -0.30 percentage points.
- The fastest year-over-year change in Net Margin over five years came in Q4 2022 (a gain of 27.78 percentage points), and the weakest in Q4 2021 (a drop of 20.09 percentage points).
- Business Quant data shows NGS's Net Margin at 7.45% (Q2 2026), 13.95% (Q1 2026) and 8.89% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.30 Bn | 73.91 Bn | 1.57 Bn | 7.78% |
| 2 | Baker Hughes | 49.10 Bn | 11.25 Bn | 1.96 Bn | 5.12% |
| 3 | Halliburton | 27.94 Bn | 19.88 Bn | 840.00 Mn | 7.31% |
| 4 | TechnipFMC | 25.83 Bn | 21.81 Bn | 728.70 Mn | 14.45% |
| 5 | Noble | 6.97 Bn | 5.04 Bn | 228.22 Mn | -16.06% |
| 6 | Nov | 6.45 Bn | 1.39 Bn | 439.00 Mn | 4.04% |
| 7 | Weatherford International | 6.27 Bn | 2.04 Bn | 374.00 Mn | 10.50% |
| 8 | Transocean | 6.19 Bn | 4.23 Bn | 348.00 Mn | 2.77% |
| 9 | Valaris | 5.84 Bn | 3.59 Bn | 176.30 Mn | 7.77% |
| 10 | Natural Gas Services | 383.29 Mn | 380.19 Mn | 36.85 Mn | 9.16% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 9.16% |
| Jun 30, 2026 | 7.45% |
| Mar 31, 2026 | 13.95% |
| Dec 31, 2025 | 8.89% |
| Sep 30, 2025 | 13.33% |
| Jun 30, 2025 | 12.54% |
| Mar 31, 2025 | 11.73% |
| Dec 31, 2024 | 7.05% |
| Sep 30, 2024 | 12.32% |
| Jun 30, 2024 | 11.04% |
| Mar 31, 2024 | 13.81% |
| Dec 31, 2023 | 4.70% |
| Sep 30, 2023 | 6.92% |
| Jun 30, 2023 | 1.87% |
| Mar 31, 2023 | 1.39% |
| Dec 31, 2022 | -3.36% |
| Sep 30, 2022 | -0.36% |
| Jun 30, 2022 | -0.35% |
| Mar 31, 2022 | 1.66% |
| Dec 31, 2021 | -31.14% |
API Access
Natural Gas Services Net 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=net-margin&ticker=NGS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=NGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();