Natural Gas Services (NGS) Tax Rate (2010 - 2026)
Natural Gas Services (NGS) posted Tax Rate of 24.17% for Q1 2026, down 19.0% sequentially from 29.84% in Q4 2025, and up 78.0% YoY from 13.58% in Q1 2025.
Natural Gas Services (NGS) Tax Rate (2010 - 2026) Analysis & Trends
Natural Gas Services has reported Tax Rate for 17 years, with the latest figure at 24.17% in Q1 2026.
- Quarterly Tax Rate rose 78.0% year-over-year to 24.17% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 24.99% (up 426.0% YoY) and the FY2025 annual result came in at 24.89%, up 440.0% from the prior year.
- Tax Rate eased to 24.17% in Q1 2026 per NGS's latest filing, from 29.84% in the prior quarter.
- Over five years, Tax Rate peaked at 123.18% in Q2 2022 and troughed at 46.51% in Q4 2022.
- A 5-year average of 25.68% and a median of 23.52% in 2025 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2023: Tax Rate surged 10816 bps in 2022, then slumped 9011 bps in 2023.
- Over 5 years, Tax Rate stood at 46.51% in 2022, then jumped by 143 bps to 20.21% in 2023, then sank by 56 bps to 8.99% in 2024, then soared by 232 bps to 29.84% in 2025, then decreased by 19 bps to 24.17% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 24.17%, 29.84%, and 23.52% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn | 20.02% |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn | 23.54% |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 | -14.27% |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn | 23.78% |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn | 18.98% |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn | 26.11% |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn | 44.00% |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn | 28.81% |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn | 27.77% |
| 10 | Natural Gas Services | 450.33 Mn | 450.33 Mn | 30.81 Mn | 30.93% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 30.93% |
| Jun 30, 2026 | 30.93% |
| Jun 30, 2026 | 30.93% |
| Mar 31, 2026 | 24.17% |
| Mar 31, 2026 | 24.17% |
| Mar 31, 2026 | 24.17% |
| Dec 31, 2025 | 29.84% |
| Dec 31, 2025 | 29.84% |
| Dec 31, 2025 | 29.84% |
| Sep 30, 2025 | 23.52% |
| Sep 30, 2025 | 23.52% |
| Sep 30, 2025 | 23.52% |
| Jun 30, 2025 | 23.54% |
| Jun 30, 2025 | 23.54% |
| Jun 30, 2025 | 23.54% |
| Mar 31, 2025 | 23.39% |
| Mar 31, 2025 | 23.39% |
| Mar 31, 2025 | 23.39% |
| Dec 31, 2024 | 8.99% |
| Dec 31, 2024 | 8.99% |