Sunday 11 October 2026 Export all NGS data to Excel Powerpack

Natural Gas Services Group, Inc.

NGS Energy Oil & Gas Equipment & Services

Natural Gas Services Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $172.3 million, up 9.94% from fiscal 2024. In the quarter to June 2026, revenue grew 24.2%, EPS fell 28.6%, free cash flow grew 144.9% and total debt rose 80.2%, each against the same quarter a year earlier. Revenue growth for five consecutive years; insiders bought in the last twelve months.

33.10 0.08 −0.24%

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Market cap: $428.0M
P/E: 20.3×
Fwd P/E: 19.4×
Dividend yield: 1.57%
F-score: 5/9
Altman Z: 1.78
Beneish M: −2.71
Dividend safety: 31/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.10

Total sells 6.87

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	2	—	—	—	—	—	—	—	—	—	—
Sell	4	2	—	—	1	—	—	—	—	—	—	—

Insider Ownership 5.95%

Capital & Financial Ratios $m

Market Cap 427.97

Revenue 189.42

Net Income 20.48

Free Cash Flow (31.20)

Net Debt 327.92

Current Ratio 2.01

Debt/Equity 1.11

P/E ratio 20.31

Fwd P/E 19.40

P/S ratio 2.21

P/B ratio 1.42

Past 5Y EPS Growth 62.16%

This Y EPS Growth 10.83%

Next Y EPS Growth 45.79%

Next Y revenue growth (87.72%)

Next 5Y EPS Growth 22.77%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 34.57%

10-year low 10-year high

P/S against its own 10 years 54.76%

10-year low 10-year high

P/B against its own 10 years 85.27%

10-year low 10-year high

EV/Sales against its own 10 years 87.74%

10-year low 10-year high

Dividends

Payout Ratio 0.32

Annual Dividend Rate 0.52

Annual Dividend Yield 1.57%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	0.06	0.11 0.15 0.15
2025	0.03	0.10 0.11
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2018	Powerpack
2017	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	3	2	—	0
Receivables	51	27	33	22
Inventory	22	18	21	29
Other	—	—	2	11
	76	48	57	66

	2023	2024	2025	Q'26
Payables	18	10	14	17
ST’ Debt	—	—	—	—
Other	—	—	—	—
	33	17	25	33

Compound Annual Growth %

	10y	5y	3y
Sales	6.03%	20.42%	26.65%
Cash Flow	4.23%	14.02%	31.36%
Earnings	6.98%	61.60%	0.00%
Book Value	2.06%	1.78%	6.09%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	48	51	—	—	—
’25	41	41	43	46	172
’24	37	38	41	41	157
’23	27	27	31	36	121
’22	20	20	22	23	85
’21	18	18	18	18	72
’20	18	17	16	17	68

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	23	25	—	—	—
’25	21	11	17	14	63
’24	6	26	26	9	66
’23	18	4	3	(8)	18
’22	5	8	7	8	28
’21	7	5	7	9	29
’20	8	7	13	5	33

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	8	7	—	—	—
’25	2	(15)	(25)	(21)	(58)
’24	(5)	9	(3)	(5)	(5)
’23	(30)	(41)	(32)	(33)	(135)
’22	(3)	(3)	(9)	(22)	(37)
’21	2	(2)	1	2	3
’20	2	3	12	1	18

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.53	0.30	—	—	—
’25	0.38	0.41	0.46	0.32	1.57
’24	0.41	0.34	0.40	0.23	1.37
’23	0.03	0.04	0.18	0.13	0.38
’22	0.03	(0.01)	(0.01)	(0.06)	(0.05)
’21	(0.03)	(0.14)	(0.10)	(0.43)	(0.70)
’20	0.30	0.01	(0.04)	(0.14)	0.14

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	15.96	22.50	15.42	10.22	2.62	8.00	9.11	9.41	13.70	16.73	Analyst estimates 2026–2028 Powerpack
	High	34.50	33.40	29.35	19.22	13.14	12.97	15.00	16.44	28.50	34.57
People
People	Employees	217	235	273	270	229	247	266	266	245	259
	Revenue/emp, $m	0.33	0.29	0.24	0.29	0.30	0.29	0.32	0.46	0.64	0.67
Income, $m
Income, $m	Revenue	72	68	65	78	68	72	85	121	157	172
	Gross margin, %	55.52	48.96	46.84	43.51	47.94	37.36	45.35	48.46	56.13	58.34
	EBT	8	2	0	(15)	(3)	(12)	0	7	22	27
	EBT margin, %	11.81	2.23	(0.60)	(18.56)	(4.38)	(16.27)	(0.05)	5.46	13.82	15.40
	Net income	6	20	0	(14)	2	(9)	(1)	5	17	20
	Depreciation	22	21	22	23	25	25	24	27	32	38
Per share, $
Per share, $	Revenue	5.64	5.28	5.05	5.98	5.15	5.53	6.89	9.84	12.63	13.74
	Earnings	0.51	1.55	(0.04)	(1.06)	0.14	(0.70)	(0.05)	0.39	1.39	1.59
	Cash flow	2.50	1.36	1.83	2.24	2.47	2.18	2.26	1.46	5.35	5.02
	Capex	(0.25)	(1.05)	(3.08)	(5.33)	(1.12)	(1.95)	(5.26)	(12.46)	(5.75)	(9.68)
	Free cash flow	2.25	0.32	(1.26)	(3.09)	1.35	0.23	(3.01)	(11.00)	(0.40)	(4.66)
	Book value	18.34	20.05	19.99	18.89	19.02	18.01	18.70	19.15	20.55	21.91
	Shares, m	13	13	13	13	13	13	12	12	12	13
Valuation, ×
Valuation, ×	P/E	62.55	17.75	0.00	0.00	67.71	0.00	0.00	40.15	19.42	21.03
	P/S	5.65	5.08	3.26	2.05	1.84	1.89	1.63	1.59	2.12	2.45
	P/B	1.74	1.34	0.82	0.65	0.50	0.58	0.60	0.82	1.30	1.54
	EV/Sales	4.77	4.07	2.46	1.91	1.43	1.59	1.89	2.93	3.20	3.78
	EV/FCF	11.97	68.02	(9.89)	(3.70)	5.46	38.13	(4.33)	(2.62)	(101.09)	(11.15)
Cash, $m
Cash, $m	Operating cash flow	32	17	24	29	33	29	28	18	66	63
	Capex	(3)	(13)	(40)	(70)	(15)	(26)	(65)	(153)	(71)	(121)
	Free cash flow	29	4	(16)	(40)	18	3	(37)	(135)	(5)	(58)
Balance, $m
Balance, $m	Working capital	89	101	84	37	62	45	24	44	31	33
	Total debt	0	0	0	1	1	0	25	164	170	230
	Net debt	(64)	(69)	(52)	(11)	(28)	(23)	22	161	168	230
	Shareholders’ equity	233	257	259	248	252	236	230	236	255	275
Returns, %
Returns, %	ROA	2.23	6.69	(0.15)	(4.69)	0.61	(3.03)	(0.18)	1.18	3.55	3.69
	ROIC	3.11	0.49	(0.15)	(4.00)	(1.01)	(3.64)	0.11	1.65	4.92	4.62
	ROE	2.83	8.07	(0.18)	(5.47)	0.72	(3.77)	(0.24)	2.04	7.02	7.52

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
FTK Flotek Industries, Inc.	$985.9M	25.4×	40.7×	+70.29% (above 0%: growing)	+460.00% (above 0%: growing)	−31.76% (below 0%: shrinking)	23.93%	14.98%	Compare
FET Forum Energy Technologies, Inc.	$968.0M	— (loss-making)	27.5×	+13.24% (above 0%: growing)	+77.42% (above 0%: growing)	−35.07% (below 0%: shrinking)	31.54%	9.07%	Compare
ACDC ProFrac Holding Corp.	$856.0M	— (loss-making)	— (loss-making)	−0.76% (below 0%: shrinking)	n/m	−114.52% (below 0%: shrinking)	22.08%	(7.61%)	Compare
OIS Oil States International, Inc.	$494.7M	— (loss-making)	18.5×	−5.29% (below 0%: shrinking)	+100.00% (above 0%: growing)	−124.96% (below 0%: shrinking)	24.71%	7.48%	Compare
CLB Core Laboratories Inc.	$466.2M	19.4×	28.1×	−4.26% (below 0%: shrinking)	−43.48% (below 0%: shrinking)	−65.67% (below 0%: shrinking)	18.65%	7.34%	Compare
NGS Natural Gas Services Group, Inc.	$428.0M	20.3×	19.4×	+24.21% (above 0%: growing)	−28.57% (below 0%: shrinking)	+144.88% (above 0%: growing)	59.94%	19.30%
RNGR Ranger Energy Services, Inc.	$361.8M	24.9×	9.2×	+25.53% (above 0%: growing)	−12.12% (below 0%: shrinking)	+33.55% (above 0%: growing)	19.15%	6.69%	Compare
SND Smart Sand	$224.7M	19.5×	10.4×	+34.14% (above 0%: growing)	−52.73% (below 0%: shrinking)	+80.86% (above 0%: growing)	17.23%	8.74%	Compare
OMSE OMS Energy Technologies Inc.	$183.4M	—	—	—	—	+204.37% (above 0%: growing)	—	—	Compare
Median of peers	$480.4M	22.2×	23.0×	+13.24%	+32.65%	−33.41%	22.08%	7.48%

All 46 Oil & Gas Equipment & Services stocks →

Natural Gas Services Group, Inc. (NGS) key facts

Strength: Natural Gas Services Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $172.3 million, up 9.94% from fiscal 2024.
Natural Gas Services Group, Inc. (NGS) is an Oil & Gas Equipment & Services company in the Energy sector, listed on the New York Stock Exchange.
As of October 9, 2026, NGS traded at $33.10, a market capitalization of $428.0 million.
Natural Gas Services Group, Inc. pays an annual dividend of $0.52 per share, a yield of 1.57%, with a payout ratio of 32.3%.
Return on equity was 7.52% and debt-to-equity 1.11.
Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 1.78 (distress zone) for fiscal 2025.