Rentals was Natural Gas Services’s largest product and service line in fiscal 2021, bringing in $63.62M of $72.42M (88%).
| Product and Service | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 |
|---|---|---|---|---|---|---|
| Rentals | $47.77M | $56.70M | $60.83M | $63.62M | ||
| Sales | $16.27M | $19.76M | $5.66M | $6.88M | ||
| Service & Maintenance | $1.44M | $1.98M | $1.57M | $1.91M | ||
| Total | $65.48M | $78.44M | $68.06M | $72.42M |
Natural Gas Services brought in $72.42M from its three product and service lines in fiscal 2021, the year ended December 31, 2021. That was up 6.4% from $68.06M in fiscal 2020. Rentals was the largest at $63.62M (87.9%), ahead of Sales at $6.88M (9.5%) and Service & Maintenance at $1.91M (2.6%).
Compared with fiscal 2020, Service & Maintenance grew fastest, up 21.8% to $1.91M. Every line above 2% of revenue grew. From fiscal 2018 to 2021, combined revenue from these lines grew from $65.48M to $72.42M, a compound annual growth rate of 3.4%. Rentals' share of the total rose from 72.9% to 87.9%.
Rental was Natural Gas Services’s largest segment in fiscal 2013, bringing in $69.06M of $89.25M (77%).
| Business Segments | FY 2010 | FY 2011 | FY 2012 | FY 2013 |
|---|---|---|---|---|
| Rental | $40.67M | $48.62M | $56.48M | $69.06M |
| Sales | $12.37M | $15.42M | $36.38M | $19.48M |
| Service & Maintenance | $868.00K | $1.12M | $870.00K | $707.00K |
| Total | $53.91M | $65.16M | $93.72M | $89.25M |
Natural Gas Services brought in $89.25M from its three segments in fiscal 2013, the year ended December 31, 2013. That was down 4.8% from $93.72M in fiscal 2012. Rental was the largest at $69.06M (77.4%), ahead of Sales at $19.48M (21.8%) and Service & Maintenance at $707.00K (0.8%).
Compared with fiscal 2012, Rental grew 22.3% to $69.06M, while Sales fell 46.4% to $19.48M. From fiscal 2010 to 2013, combined revenue from these segments grew from $53.91M to $89.25M, a compound annual growth rate of 18.3%. Rental's share of the total rose from 75.4% to 77.4%.
Natural Gas Services (NGS) reports its revenue by product and service and by business segments. In fiscal 2021, Rentals was its largest product and service line, bringing in $63.62M (87.9% of the total), followed by Sales at $6.88M (9.5%).
Rentals was Natural Gas Services' largest product and service line in fiscal 2021, bringing in $63.62M, or 87.9% of the $72.42M total across its three product and service lines.
Rental was Natural Gas Services' largest segment in fiscal 2013, bringing in $69.06M, or 77.4% of the $89.25M total across its three segments.
Among Natural Gas Services' product and service lines that make up at least 2% of revenue, Service & Maintenance grew fastest in fiscal 2021, up 21.8% from $1.57M to $1.91M.
Every figure comes from Natural Gas Services' annual financial filings, as reported. Each line keeps the name Natural Gas Services gives it, and years follow its fiscal calendar.
Natural Gas Services' revenue by product and service goes back to fiscal 2016, with figures through fiscal 2021. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.