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 | 82.25 Bn | 80.04 Bn | 4.67 Bn | 20.40% |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 26.37% |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 18.45% |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 26.95% |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | -27.76% |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 42.86% |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | -3.81% |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 23.96% |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 13.39% |
| 10 | Natural Gas Services | 501.72 Mn | 499.41 Mn | 30.25 Mn | 24.17% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |