Northern Oil & Gas (NOG) Return on Sales [ROS] (2009 - 2026)
Northern Oil & Gas' Return on Sales [ROS] came in at -22.22% for Q3 2026, up 0.37 percentage points from -22.59% a year earlier but down 69.52 percentage points from the prior quarter.
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Analysis
Northern Oil & Gas (NOG) Return on Sales [ROS] (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Northern Oil & Gas reported Return on Sales [ROS] of -24.21%, down 41.53 percentage points year-over-year; for FY2025, it was 9.93%, down 27.71 percentage points from FY2024.
- Return on Sales [ROS] has declined in each of the last three years, though with a five-year change of +162.27 percentage points (FY2020 to FY2025).
- Going back by year, Return on Sales [ROS] was 37.64% in FY2024 (-14.14 pp), 51.79% in FY2023 (-2.54 pp), 54.32% in FY2022 (+38.64 pp) and 15.69% in FY2021 (+168.03 pp).
- The five-year range for quarterly Return on Sales [ROS] is -13022.13% (Q1 2026) to 76.38% (Q3 2022).
- Year-over-year, Return on Sales [ROS] increased in three of the last eight quarters, with an average year-over-year change of -1646.68 percentage points.
- The fastest year-over-year change in Return on Sales [ROS] over five years came in Q1 2023 (a gain of 636.13 percentage points), and the weakest in Q1 2026 (a drop of 13060.21 percentage points).
- Business Quant data shows NOG's Return on Sales [ROS] at 47.31% (Q2 2026), -13022.13% (Q1 2026) and -5.55% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROS (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 18.93% |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | 977.98% |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 20.54% |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 39.66% |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 7.15% |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 50.83% |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 36.02% |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 78.41% |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 14.27% |
| 10 | Northern Oil & Gas | 2.66 Bn | 2.53 Bn | 202.42 Mn | -22.22% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -22.22% |
| Jun 30, 2026 | 47.31% |
| Mar 31, 2026 | -13,022.13% |
| Dec 31, 2025 | -5.55% |
| Sep 30, 2025 | -22.59% |
| Jun 30, 2025 | 24.92% |
| Mar 31, 2025 | 38.08% |
| Dec 31, 2024 | 25.76% |
| Sep 30, 2024 | 57.58% |
| Jun 30, 2024 | 39.04% |
| Mar 31, 2024 | 13.20% |
| Dec 31, 2023 | 61.00% |
| Sep 30, 2023 | 13.52% |
| Jun 30, 2023 | 49.27% |
| Mar 31, 2023 | 61.93% |
| Dec 31, 2022 | 45.23% |
| Sep 30, 2022 | 76.38% |
| Jun 30, 2022 | 61.19% |
| Mar 31, 2022 | -574.20% |
| Dec 31, 2021 | 15.69% |
API Access
Northern Oil & Gas Return on Sales [ROS] 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=return-on-sales-%5Bros%5D&ticker=NOG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-sales-[ros]", "ticker": "NOG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-sales-%5Bros%5D&ticker=NOG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();