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
DateValue
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