Natural Gas Services (NGS) Tax Rate (2009 - 2026)
Natural Gas Services (NGS) posted Tax Rate of 26.92% for Q3 2026, up 3.40 percentage points from 23.52% a year earlier but down 4.00 percentage points from the prior quarter.
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Analysis
Natural Gas Services (NGS) Tax Rate (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Tax Rate at Natural Gas Services was 27.45%, up 5.88 percentage points year-over-year; for FY2025, it was 24.89%, up 4.40 percentage points from FY2024.
- In prior years, Natural Gas Services' Tax Rate was 20.49% in FY2024 (-7.80 pp) and 28.29% in FY2023.
- Quarterly Tax Rate has run from a low of 8.99% in Q4 2024 to a high of 123.18% in Q2 2022 over five years.
- On a year-over-year basis, Tax Rate has increased in each of the last seven quarters, with an average year-over-year change of +3.03 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q4 2025, with a gain of 20.85 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 30.93% (Q2 2026), 24.17% (Q1 2026) and 29.84% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.30 Bn | 73.91 Bn | 1.57 Bn | 23.45% |
| 2 | Baker Hughes | 49.10 Bn | 11.25 Bn | 1.96 Bn | 18.69% |
| 3 | Halliburton | 27.94 Bn | 19.88 Bn | 840.00 Mn | 18.32% |
| 4 | TechnipFMC | 25.83 Bn | 21.81 Bn | 728.70 Mn | 19.94% |
| 5 | Noble | 6.97 Bn | 5.04 Bn | 228.22 Mn | 830.35% |
| 6 | Nov | 6.45 Bn | 1.39 Bn | 439.00 Mn | 22.76% |
| 7 | Weatherford International | 6.27 Bn | 2.04 Bn | 374.00 Mn | 3.10% |
| 8 | Transocean | 6.19 Bn | 4.23 Bn | 348.00 Mn | - |
| 9 | Valaris | 5.84 Bn | 3.59 Bn | 176.30 Mn | 53.94% |
| 10 | Natural Gas Services | 383.29 Mn | 380.19 Mn | 36.85 Mn | 26.92% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 26.92% |
| 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% |
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();