Natural Gas Srv Financials
This page shows Natural Gas Srv (NGS) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Natural Gas Srv has an operating margin of 21.6%, meaning the company retains $22 of operating profit per $100 of revenue. This strong profitability earns a score of 70/100, reflecting efficient cost management and pricing power. This is up from 21.3% the prior year.
Natural Gas Srv's revenue grew 9.9% year-over-year to $172.3M, a solid pace of expansion. This earns a growth score of 50/100.
Natural Gas Srv carries a low D/E ratio of 1.14, meaning only $1.14 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 79/100, indicating a strong balance sheet with room for future borrowing.
Natural Gas Srv's current ratio of 2.33 indicates adequate short-term liquidity, earning a score of 43/100. The company can meet its near-term obligations, though with limited headroom.
While Natural Gas Srv generated $62.9M in operating cash flow, capex of $121.5M consumed most of it, leaving -$58.6M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Natural Gas Srv generates a 7.2% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 27/100. This is up from 6.8% the prior year.
Natural Gas Srv scores 1.90, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.
Natural Gas Srv passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Natural Gas Srv generates $3.16 in operating cash flow ($62.9M OCF vs $19.9M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Natural Gas Srv earns $2.7 in operating income for every $1 of interest expense ($37.3M vs $13.6M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Earnings & Revenue
Natural Gas Srv generated $172.3M in revenue in fiscal year 2025. This represents an increase of 9.9% from the prior year.
Natural Gas Srv's EBITDA was $74.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 14.4% from the prior year.
Natural Gas Srv reported $19.9M in net income in fiscal year 2025. This represents an increase of 15.7% from the prior year.
Natural Gas Srv earned $1.57 per diluted share (EPS) in fiscal year 2025. This represents an increase of 14.6% from the prior year.
Cash & Balance Sheet
Natural Gas Srv generated -$58.6M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 978.3% from the prior year.
Natural Gas Srv held $0 in cash against $0 in long-term debt as of fiscal year 2025.
Natural Gas Srv had 13M shares outstanding in fiscal year 2025. This represents an increase of 1.0% from the prior year.
Margins & Returns
Natural Gas Srv's gross margin was 58.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 2.2 percentage points from the prior year.
Natural Gas Srv's operating margin was 21.6% in fiscal year 2025, reflecting core business profitability. This is up 0.4 percentage points from the prior year.
Natural Gas Srv's net profit margin was 11.6% in fiscal year 2025, showing the share of revenue converted to profit. This is up 0.6 percentage points from the prior year.
Natural Gas Srv's ROE was 7.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 0.5 percentage points from the prior year.
Capital Allocation
Natural Gas Srv invested $121.5M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 69.0% from the prior year.
NGS Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $46.1M+6.3% | $43.4M+4.9% | $41.4M0.0% | $41.4M+1.8% | $40.7M-0.1% | $40.7M+5.7% | $38.5M+4.3% | $36.9M |
| Cost of Revenue | $19.9M+13.4% | $17.6M+2.4% | $17.2M+0.2% | $17.1M-3.1% | $17.7M-0.6% | $17.8M+1.7% | $17.5M+10.7% | $15.8M |
| Gross Profit | $26.2M+1.6% | $25.8M+6.6% | $24.2M-0.1% | $24.3M+5.6% | $23.0M+0.4% | $22.9M+9.0% | $21.0M-0.5% | $21.1M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $5.7M-2.7% | $5.9M+7.6% | $5.5M+1.4% | $5.4M-7.8% | $5.8M+6.8% | $5.5M+8.7% | $5.0M+6.8% | $4.7M |
| Operating Income | $7.1M-33.9% | $10.8M+8.4% | $9.9M+4.4% | $9.5M+57.3% | $6.0M-36.1% | $9.5M+11.2% | $8.5M-8.7% | $9.3M |
| Interest Expense | $3.7M+9.5% | $3.4M+5.3% | $3.2M+2.3% | $3.2M+5.1% | $3.0M-1.0% | $3.0M+3.9% | $2.9M-0.1% | $2.9M |
| Income Tax | $1.7M-1.9% | $1.8M+11.4% | $1.6M+7.8% | $1.5M+423.7% | $283K-79.5% | $1.4M+6.9% | $1.3M-12.5% | $1.5M |
| Net Income | $4.1M-29.1% | $5.8M+11.5% | $5.2M+6.9% | $4.9M+69.4% | $2.9M-42.9% | $5.0M+18.0% | $4.3M-16.6% | $5.1M |
| EPS (Diluted) | N/A | $0.46+12.2% | $0.41+7.9% | $0.38 | N/A | $0.40+17.6% | $0.34-17.1% | $0.41 |
NGS Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $586.8M+4.4% | $562.3M+7.0% | $525.5M+4.8% | $501.7M+1.9% | $492.5M-1.1% | $498.1M+1.8% | $489.2M+0.6% | $486.2M |
| Current Assets | $57.1M+12.0% | $51.0M+4.3% | $48.9M+3.7% | $47.2M-2.1% | $48.2M-18.3% | $59.0M-16.2% | $70.4M-10.7% | $78.8M |
| Cash & Equivalents | $0 | $0-100.0% | $325K-84.9% | $2.1M+0.2% | $2.1M+422.4% | $410K-88.7% | $3.6M-31.0% | $5.2M |
| Inventory | $20.6M-4.0% | $21.5M+17.3% | $18.3M+5.7% | $17.3M-3.9% | $18.1M-10.5% | $20.2M-0.4% | $20.3M+7.7% | $18.8M |
| Accounts Receivable | $18.5M+35.9% | $13.6M-1.0% | $13.7M-10.9% | $15.4M-1.4% | $15.6M-37.0% | $24.8M-24.8% | $33.0M-22.1% | $42.3M |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $312.1M+7.3% | $290.9M+12.2% | $259.3M+7.4% | $241.4M+1.7% | $237.5M-3.8% | $246.9M+1.4% | $243.5M-0.6% | $244.9M |
| Current Liabilities | $24.5M-11.8% | $27.8M+12.1% | $24.8M+10.4% | $22.4M+29.3% | $17.4M-48.2% | $33.5M+11.2% | $30.1M+23.4% | $24.4M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | $163.0M-5.2% | $172.0M |
| Total Equity | $274.7M+1.2% | $271.4M+2.0% | $266.2M+2.3% | $260.3M+2.0% | $255.1M+1.5% | $251.2M+2.2% | $245.7M+1.8% | $241.3M |
| Retained Earnings | $168.8M+1.6% | $166.1M+2.8% | $161.6M+3.3% | $156.4M+3.2% | $151.5M+1.9% | $148.6M+3.5% | $143.6M+3.0% | $139.4M |
NGS Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $13.9M-17.5% | $16.8M+52.8% | $11.0M-48.3% | $21.3M+125.6% | $9.4M-63.6% | $25.9M+1.6% | $25.5M+354.8% | $5.6M |
| Capital Expenditures | $34.6M-17.4% | $41.9M+62.2% | $25.8M+34.0% | $19.3M+32.4% | $14.5M-50.0% | $29.1M+67.8% | $17.3M+58.5% | $10.9M |
| Free Cash Flow | -$20.7M+17.4% | -$25.1M-69.2% | -$14.8M-836.6% | $2.0M+139.3% | -$5.1M-61.5% | -$3.2M-138.8% | $8.2M+253.7% | -$5.3M |
| Investing Cash Flow | -$34.5M+17.6% | -$41.9M-62.8% | -$25.7M-33.5% | -$19.3M-30.5% | -$14.8M+48.8% | -$28.8M-70.0% | -$16.9M-54.8% | -$10.9M |
| Financing Cash Flow | $20.6M-16.7% | $24.7M+91.9% | $12.9M+742.5% | -$2.0M-128.4% | $7.1M+2280.6% | -$324K+96.8% | -$10.2M-230.3% | $7.8M |
| Dividends Paid | $1.4M | N/A | N/A | N/A | $0 | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
NGS Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 56.8%-2.7pp | 59.5%+1.0pp | 58.5%-0.1pp | 58.6%+2.1pp | 56.5%+0.3pp | 56.3%+1.7pp | 54.6%-2.7pp | 57.2% |
| Operating Margin | 15.4%-9.4pp | 24.8%+0.8pp | 24.0%+1.0pp | 23.0%+8.1pp | 14.9%-8.4pp | 23.2%+1.1pp | 22.1%-3.1pp | 25.3% |
| Net Margin | 8.9%-4.4pp | 13.3%+0.8pp | 12.5%+0.8pp | 11.7%+4.7pp | 7.0%-5.3pp | 12.3%+1.3pp | 11.0%-2.8pp | 13.8% |
| Return on Equity | 1.5%-0.6pp | 2.1%+0.2pp | 1.9%+0.1pp | 1.9%+0.8pp | 1.1%-0.9pp | 2.0%+0.3pp | 1.7%-0.4pp | 2.1% |
| Return on Assets | 0.7%-0.3pp | 1.0%+0.0pp | 1.0%+0.0pp | 1.0%+0.4pp | 0.6%-0.4pp | 1.0%+0.1pp | 0.9%-0.2pp | 1.1% |
| Current Ratio | 2.33+0.5 | 1.83-0.1 | 1.97-0.1 | 2.10-0.7 | 2.78+1.0 | 1.76-0.6 | 2.34-0.9 | 3.23 |
| Debt-to-Equity | 1.14+0.1 | 1.07+0.1 | 0.97+0.0 | 0.930.0 | 0.93-0.1 | 0.98+0.3 | 0.66-0.0 | 0.71 |
| FCF Margin | -44.9%+12.9pp | -57.8%-22.0pp | -35.8%-40.7pp | 4.9%+17.5pp | -12.6%-4.8pp | -7.8%-29.0pp | 21.3%+35.7pp | -14.4% |
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Frequently Asked Questions
What is Natural Gas Srv's annual revenue?
Natural Gas Srv (NGS) reported $172.3M in total revenue for fiscal year 2025. This represents a 9.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Natural Gas Srv's revenue growing?
Natural Gas Srv (NGS) revenue grew by 9.9% year-over-year, from $156.7M to $172.3M in fiscal year 2025.
Is Natural Gas Srv profitable?
Yes, Natural Gas Srv (NGS) reported a net income of $19.9M in fiscal year 2025, with a net profit margin of 11.6%.
What is Natural Gas Srv's EBITDA?
Natural Gas Srv (NGS) had EBITDA of $74.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Natural Gas Srv's gross margin?
Natural Gas Srv (NGS) had a gross margin of 58.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Natural Gas Srv's operating margin?
Natural Gas Srv (NGS) had an operating margin of 21.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Natural Gas Srv's net profit margin?
Natural Gas Srv (NGS) had a net profit margin of 11.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Natural Gas Srv's return on equity (ROE)?
Natural Gas Srv (NGS) has a return on equity of 7.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Natural Gas Srv's free cash flow?
Natural Gas Srv (NGS) generated -$58.6M in free cash flow during fiscal year 2025. This represents a -978.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Natural Gas Srv's operating cash flow?
Natural Gas Srv (NGS) generated $62.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Natural Gas Srv's total assets?
Natural Gas Srv (NGS) had $586.8M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Natural Gas Srv's capital expenditures?
Natural Gas Srv (NGS) invested $121.5M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Natural Gas Srv's current ratio?
Natural Gas Srv (NGS) had a current ratio of 2.33 as of fiscal year 2025, which is generally considered healthy.
What is Natural Gas Srv's debt-to-equity ratio?
Natural Gas Srv (NGS) had a debt-to-equity ratio of 1.14 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Natural Gas Srv's return on assets (ROA)?
Natural Gas Srv (NGS) had a return on assets of 3.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Natural Gas Srv's Altman Z-Score?
Natural Gas Srv (NGS) has an Altman Z-Score of 1.90, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Natural Gas Srv's Piotroski F-Score?
Natural Gas Srv (NGS) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Natural Gas Srv's earnings high quality?
Natural Gas Srv (NGS) has an earnings quality ratio of 3.16x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Natural Gas Srv cover its interest payments?
Natural Gas Srv (NGS) has an interest coverage ratio of 2.7x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Natural Gas Srv?
Natural Gas Srv (NGS) scores 45 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.