# NATURAL GAS SERVICES GROUP, INC. (NGS) · Edgar & Edgarette company card

> Natural Gas Services Group (NGS) grew revenue 9.9% in FY2025 to $172 million, operating margin 21.6% against a 5.0% median for oil & gas field services, equity 46.8% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1084991 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/NGS) · [JSON](https://www.pops4.com/boards/company/NGS.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $172M |
| Revenue growth, 1 year | 9.9% |
| Revenue growth per year | 24.2% |
| Operating margin | 21.6% (prior year 21.3%) |
| Net margin | 11.6% |
| Operating cash flow | $63M |
| Capital spending | $121M |
| Free cash flow | −$59M |
| Cash | $0 |
| Long-term debt | — |
| Total assets | $587M |
| Total equity | $275M |
| Equity ÷ assets | 46.8% |
| Return on equity | 7.3% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: 2.65 (safe zone)
- Piotroski F: 4 of 9 (middling)
- Health Harbor boat: Weathered boat · two warning signs · filed auditor change in the last 12 months; free cash flow was negative: capital spending outran operating cash (-$58.6M in FY2025)
- Cash Compass: Cash cow now · steady, with strong cash arriving today

## Edgarette's reading

Exposure: revenue $172.3M (FY2025). Experience: revenue up 9.9% on the year, up 24.2% a year over 4 years; operating margin 21.6%, up from 21.3%. Soundness: equity 46.8% of assets, return on equity 7.3%, payout 13.2% of profit. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $167.3M and $238.9M next year (method v4.1: its own 4-year record of growth weighed at 50% against $100M–1B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $152.9M to $262.4M. A statistical range, not company guidance. Against peers (15 filers, $50M+ revenue, oil & gas field services, nec): operating margin 21.6% against a 5.0% median; growth 9.9% against -2.3%.

Range logged 2026-10-31, receipt 379d94b7ad0928a2, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 4.01 Auditor change: 1, latest 2026-07-10 ([filing](https://www.sec.gov/Archives/edgar/data/1084991/000108499126000064/0001084991-26-000064-index.htm))
- Item 5.02 Director or officer change: 1, latest 2026-01-27 ([filing](https://www.sec.gov/Archives/edgar/data/1084991/000108499126000003/0001084991-26-000003-index.htm))

## Recent filings

- 8-K · filed 2026-08-12 · 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1084991/000108499126000086/0001084991-26-000086-index.htm)
- 8-K · filed 2026-08-10 · 2.02 Results of Operations and Financial Condition; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1084991/000108499126000080/0001084991-26-000080-index.htm)
- 10-Q · filed 2026-08-10 · [filing](https://www.sec.gov/Archives/edgar/data/1084991/000108499126000079/0001084991-26-000079-index.htm)
- 8-K · filed 2026-07-24 · 1.01 Entry into a Material Definitive Agreement; 3.03 Material Modifications to Rights of Security Holders; 5.03 Amendments to Articles or Bylaws; Change in Fiscal Year; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1084991/000108499126000070/0001084991-26-000070-index.htm)
- 8-K · filed 2026-07-10 · 4.01 Changes in Registrant's Certifying Accountant · [filing](https://www.sec.gov/Archives/edgar/data/1084991/000108499126000064/0001084991-26-000064-index.htm)
- 8-K · filed 2026-07-08 · 7.01 Regulation FD Disclosure · [filing](https://www.sec.gov/Archives/edgar/data/1084991/000108499126000061/0001084991-26-000061-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001084991.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1084991

## Cite

POPS4, Edgar & Edgarette: NATURAL GAS SERVICES GROUP, INC. (NGS) company card, from the company's own SEC filings, accessed 2026-11-02, https://www.pops4.com/boards/company/NGS. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.