Natural Gas Services price to free cash flow NGS

Market value divided by free cash flow over the last twelve months, since 2012.

Today, Oct 23, 2026: n/m; not a meaningful number
Last meaningful: 163×; Aug 2025
10-year median: 15.5×
10-year range: 7.0× to 177×
Peer median: 14.7×

Natural Gas Services' price to free cash flow is not a meaningful number today: free cash flow over the last twelve months was zero, negative or not reported.

It was last meaningful in Aug 2025, at 163×.

On the days it had one over the last ten years, its median was 15.5×, from 7.0× in Jul 2021 to 177× in Jun 2025.

Price to free cash flow over time

median 15.5×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2025	163×	153×	177×
2024	n/m a value too high to mean anything
2023	n/m a value too high to mean anything
2022	53.9×	53.3×	71.3×
2021	59.3×	7.0×	64.3×
2020	15.5×	15.5×	19.4×
2019	n/m a value too high to mean anything
2018	82.6×	28.0×	87.0×
2017	28.7×	10.2×	30.1×
2016	13.1×	7.6×	13.4×
2015	11.5×	10.4×	41.1×
2014	n/m a value too high to mean anything
2013	171×	13.7×	182×
2012	12.5×	11.3×	16.9×

Against its peers

Companies in Oil & Gas Equipment & Services nearest Natural Gas Services' size, closest first, today.

Company	Price to free cash flow
NGSNatural Gas Services	n/m
CLBCore Laboratories	30.0×
RNGRRanger Energy Services	14.7×
HOSHornbeck Offshore Services	4.4×
TUSKMammoth Energy Services	n/m
RESRPC	35.5×
INVXInnovex International	n/m
LBRTLiberty Energy	n/m
OIIOceaneering International	13.6×
Peer median	14.7×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Natural Gas Services

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.