Natural Gas Services (NGS) Tax Rate (2010 - 2026)
Natural Gas Services (NGS) reported Tax Rate of 24.17% for Q1 2026, up 78.0% on a YoY basis from 13.58% in Q1 2025, and down 19.0% sequentially from 29.84% in Q4 2025.
Natural Gas Services (NGS) Tax Rate (2010 - 2026) Analysis & Trends
Natural Gas Services (NGS) has 17 years of Tax Rate data on file, last reported at 24.17% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 78.0% year-over-year to 24.17%; the trailing twelve-month figure through Mar 2026 stood at 24.99% (up 426.0% YoY), and the FY2025 full-year result was 24.89%, up 440.0% from the prior year.
- Tax Rate eased to 24.17% in Q1 2026, 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.
- A 5-year average of 25.68% and a median of 23.52% in 2025 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate soared 10816 bps in 2022 and plunged 9011 bps in 2023, its largest moves.
- Tracing NGS's Tax Rate over 5 years: stood at 46.51% in 2022, then jumped by 143 bps to 20.21% in 2023, then slumped by 56 bps to 8.99% in 2024, then soared by 232 bps to 29.84% in 2025, then declined by 19 bps to 24.17% in 2026.
- Business Quant data shows NGS's Tax Rate at 24.17% in Q1 2026, 29.84% in Q4 2025, and 23.52% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 20.40 |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | - |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 26.95 |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 18.45 |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 42.86 |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 44.00 |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 23.96 |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 34.15 |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 13.39 |
| 10 | Natural Gas Services | 456.93 Mn | 454.61 Mn | 30.25 Mn | 24.17 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2024 | 8.99 |
| Sep 30, 2024 | 21.62 |
| Sep 30, 2024 | 21.62 |