Natural Gas Services (NGS) Tax Rate (2010 - 2026)

Natural Gas Services' (NGS) quarterly Tax Rate came in at 24.17% in Q1 2026, up 78.0% year-on-year from 13.58% in Q1 2025, and down 19.0% quarter-over-quarter from 29.84% in Q4 2025.

Natural Gas Services (NGS) Tax Rate (2010 - 2026) Analysis & Trends

Natural Gas Services has disclosed Tax Rate across 17 years of filings, most recently posting 24.17% for Q1 2026.

  • Tax Rate for Q1 2026 came in at 24.17%, up 78.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 24.99% (up 426.0% YoY), and the FY2025 annual result was 24.89%, up 440.0% from the prior year.
  • Tax Rate came in at 24.17% for Q1 2026 at Natural Gas Services, down from 29.84% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 123.18% in Q2 2022 to a low of 46.51% in Q4 2022.
  • The 5-year median for Tax Rate is 23.52% (2025), against an average of 25.68%.
  • Across the five-year window, Tax Rate soared 10816 bps in 2022 and slumped 9011 bps in 2023, its largest moves.
  • Natural Gas Services' Tax Rate stood at 46.51% in 2022, then surged by 143 bps to 20.21% in 2023, then sank by 56 bps to 8.99% in 2024, then jumped by 232 bps to 29.84% in 2025, then fell by 19 bps to 24.17% in 2026.
  • The last three Tax Rate figures came in at 24.17% (Q1 2026), 29.84% (Q4 2025), and 23.52% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Slb 71.76 Bn 69.55 Bn 4.67 Bn 20.40
2 Baker Hughes 57.63 Bn 43.04 Bn 1.51 Bn 26.37
3 Halliburton 29.21 Bn 27.25 Bn 2.04 Bn 18.45
4 TechnipFMC 25.99 Bn 24.72 Bn 1.49 Bn 26.95
5 Enerflex 8.61 Bn 8.55 Bn - -27.76
6 Nov 6.73 Bn 5.44 Bn 119.00 Mn 42.86
7 Weatherford International 6.59 Bn 5.54 Bn 876.00 Mn -3.81
8 Archrock 6.43 Bn 6.42 Bn 247.42 Mn 23.96
9 Kodiak Gas Services 5.96 Bn 5.87 Bn 222.88 Mn 13.39
10 Natural Gas Services 526.89 Mn 524.58 Mn 30.25 Mn 24.17

Historic Data

Download Data
DateValue
Mar 31, 2026 24.17%
Mar 31, 2026 24.17%
Dec 31, 2025 29.84%
Dec 31, 2025 29.84%
Sep 30, 2025 23.52%
Sep 30, 2025 23.52%
Jun 30, 2025 23.54%
Jun 30, 2025 23.54%
Mar 31, 2025 23.39%
Mar 31, 2025 23.39%
Dec 31, 2024 8.99%
Dec 31, 2024 8.99%
Sep 30, 2024 21.62%
Sep 30, 2024 21.62%
Jun 30, 2024 23.34%
Jun 30, 2024 23.34%
Mar 31, 2024 22.49%
Mar 31, 2024 22.49%
Dec 31, 2023 20.21%
Dec 31, 2023 20.21%