Natural Gas Services (NGS) Net Margin (2010 - 2026)
Natural Gas Services' (NGS) quarterly Net Margin came in at 13.95% in Q1 2026, up 222.0% year-on-year from 4.33% in Q1 2025, and up 56.99% quarter-over-quarter from 8.89% in Q4 2025.
Natural Gas Services (NGS) Net Margin (2010 - 2026) Analysis & Trends
Natural Gas Services has disclosed Net Margin across 17 years of filings, most recently posting 13.95% for Q1 2026.
- Net Margin for Q1 2026 came in at 13.95%, up 222.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 12.17% (up 164.0% YoY), and the FY2025 annual result was 11.56%, up 57.0% from the prior year.
- Net Margin came in at 13.95% for Q1 2026 at Natural Gas Services, up from 8.89% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 17.67% in Q2 2023 to a low of 0.99% in Q4 2022.
- The 5-year median for Net Margin is 9.49% (2023), against an average of 8.44%.
- Across the five-year window, Net Margin surged 8944 bps in 2022 and slumped 663 bps in 2024, its largest moves.
- Natural Gas Services' Net Margin stood at 0.99% in 2022, then soared by 575 bps to 4.7% in 2023, then jumped by 50 bps to 7.05% in 2024, then grew by 26 bps to 8.89% in 2025, then jumped by 57 bps to 13.95% in 2026.
- The last three Net Margin figures came in at 13.95% (Q1 2026), 8.89% (Q4 2025), and 13.33% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 8.73% |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 14.24% |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 8.59% |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 10.43% |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | 19.98% |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 0.97% |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 9.46% |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 19.87% |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 5.17% |
| 10 | Natural Gas Services | 501.72 Mn | 499.41 Mn | 30.25 Mn | 13.95% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 17.67% |
| Mar 31, 2023 | 9.49% |
| Dec 31, 2022 | -0.99% |
| Sep 30, 2022 | -0.36% |
| Jun 30, 2022 | -0.35% |
| Mar 31, 2022 | 1.66% |
| Dec 31, 2021 | -31.14% |
| Sep 30, 2021 | -6.89% |
| Jun 30, 2021 | -89.79% |