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MARKETS / NYSE / NGS
NYSE · OIL & GAS FIELD SERVICES, NEC · MID CAP

Natural GAS Services Group Inc. NGS

17 fiscal years on record · USD · FY2025 reported · SEC filings only
$172.3M
▲ 9.9% YoY
$19.9M
▲ 15.7% YoY
$-58.6M
In brief

What this company does

Natural Gas Services Group, Inc. rents, designs, installs, services and maintains natural gas engine and electric motor drive compressors for oil and gas production and processing facilities. It is headquartered in Southlake, Texas, with administrative offices in Midland, Texas, an engineering facility in Tulsa, Oklahoma, and service facilities in several major oil and gas producing basins in the U.S. As of December 31, 2025, it had 259 total employees, none of whom were represented by a labor union. During the years ended December 31, 2025, 2024 and 2023, its revenues from Occidental Permian, LTD. and Devon Energy Corporation amounted to 59 percent, 59 percent and 52 percent of revenue on a combined basis, respectively. The company identifies its operating units, based on major revenue sources, as Rental, Sales and Aftermarket Services. As of December 31, 2025, its rental fleet totaled 1,914 compressors representing 662,542 horsepower. Natural Gas Services Group, Inc. was incorporated in December 1998 and initially operated as a holding company of a group of subsidiaries engaged in the manufacturing, operation and leasing of natural gas compression equipment, flares and related assets to the natural gas industry, with a focus on unconventional natural gas production plays in the U.S.

Written from the business description in NATURAL GAS SERVICES GROUP INC's annual report to the U.S. Securities and Exchange Commission, filed 16 March 2026. Every sentence was checked against that document before publication.

Growth
USD 172.3M
Revenue, FY2025 · full 17-year series below
Revenue $M Net income $M
FY2025 · Revenue 172.3 · Net income 19.9
80M160M200920112013201520172019202120232025
Compound annual growth
+26.6%
+88.6%
+6.0%
+8.1%
+61.6%
+7.0%
+7.2%
+62.2%
+7.1%
+6.9%
−26.6%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +88.6% a year over five years — but profit grew slower: net income at +61.6%, earnings per share at +62.2%.

The share count fell from 0.01B to 0.01B — the buyback concentrates the same profit into fewer slices.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
12 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 21.6% · Net 11.6%
50%-50%-100%200920112013201520172019202120232025
ROE
FY2025 · ROE 7.5%
5%-2%-4%200920112013201520172019202120232025

Each USD of equity produced 8 cents of profit this year.

Cash & shareholders
USD 2.6M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -58.6
10M20M-50M-100M200920112013201520172019202120232025
Net buybacks $M Dividends $M
FY2025 · Dividends 2.6 · Net buybacks —
4.0M-0.4M-0.8M201720182019202020212022202320242025

USD 2.6M in dividends — 13% of the year's profit went back to shareholders.

Total assetsUSD 586.8M
EquityUSD 274.7M
CashUSD 0.00
Current ratio2.33×

Equity funds 47% of total assets.

The 17-year record
17 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 20252024202320222021202020192018201720162015201420132012201120102009
Revenue $B0.20.20.10.10.00.00.00.00.00.00.10.10.10.10.10.10.1
Operating income $B0.00.00.00.0−0.0−0.0−0.0−0.00.00.00.00.00.00.00.00.00.0
EBITDA $B0.10.10.00.00.00.00.00.00.00.00.00.00.00.00.00.00.0
Income tax $B0.00.00.00.0−0.0−0.0−0.00.0−0.00.00.00.00.00.00.00.00.0
Net income $B0.00.00.0−0.0−0.00.0−0.0−0.00.00.00.00.00.00.00.00.00.0
Free cash flow $B−0.1−0.0−0.1−0.00.00.0−0.0−0.00.00.00.0−0.0−0.00.0−0.00.00.0
EPS, diluted $1.571.370.38−0.05−0.700.14−1.06−0.041.510.500.791.111.151.030.800.580.91
Dividend / sh $·················
Payout %1300··············
ROE %7.57.02.0−0.2−3.80.7−5.5−0.28.12.84.77.07.87.56.34.87.8
Shares out B0.010.010.010.010.010.010.010.010.010.010.010.010.010.010.010.01·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 66 reconciliationsAUDITED

Reconciled in 17 of 19 fiscal years. 25 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityOil & Gas Field Services, NEC
Listed onNYSE
Incorporated innot stated in the filings
Fiscal year endsDecember 31
Data on record since2009

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