Natural Gas Services (NGS) Tax Rate (2010 - 2026)
Natural Gas Services (NGS) posted Tax Rate of 30.93% for Q2 2026, up 7.39 percentage points from 23.54% a year earlier and up 6.76 percentage points from the prior quarter.
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Analysis
Natural Gas Services (NGS) Tax Rate (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Natural Gas Services was 26.53%, up 5.60 percentage points year-over-year; for FY2025, it was 24.89%, up 4.40 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of -135.70 percentage points (FY2020 to FY2025).
- In prior years, Natural Gas Services' Tax Rate was 20.49% in FY2024 (-7.80 pp), 28.29% in FY2023 (+1316.10 pp), -1287.80% in FY2022 (-1309.89 pp) and 22.09% in FY2021 (-138.50 pp).
- The Q2 2026 figure stands as the highest quarterly Tax Rate since Q3 2023.
- On a year-over-year basis, Tax Rate has increased in each of the last six quarters, with an average year-over-year change of +1.24 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q2 2022, with a gain of 108.16 percentage points; the weakest was Q2 2023, with a drop of 90.11 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 24.17% (Q1 2026), 29.84% (Q4 2025) and 23.52% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn | 20.02% |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn | 23.54% |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn | 23.96% |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn | 18.98% |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn | 26.11% |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn | - |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn | 7.61% |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn | 44.00% |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn | 41.69% |
| 10 | Natural Gas Services | 417.52 Mn | 417.52 Mn | 30.81 Mn | 30.93% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.93% |
| Mar 31, 2026 | 24.17% |
| Dec 31, 2025 | 29.84% |
| Sep 30, 2025 | 23.52% |
| Jun 30, 2025 | 23.54% |
| Mar 31, 2025 | 23.39% |
| Dec 31, 2024 | 8.99% |
| Sep 30, 2024 | 21.62% |
| Jun 30, 2024 | 23.34% |
| Mar 31, 2024 | 22.49% |
| Dec 31, 2023 | 20.21% |
| Sep 30, 2023 | 32.51% |
| Jun 30, 2023 | 33.07% |
| Mar 31, 2023 | 28.85% |
| Jun 30, 2022 | 123.18% |
| Jun 30, 2020 | 25.68% |
| Jun 30, 2019 | 25.58% |
| Mar 31, 2019 | 37.18% |
| Jun 30, 2018 | 17.94% |
| Mar 31, 2018 | 17.88% |
API Access
Natural Gas Services Tax Rate 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=tax-rate&ticker=NGS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=NGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();