Natural Gas Services Group (Natural Gas Services Group) EBIT : $19.7 Mil (TTM As of Mar. 2024)

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What is Natural Gas Services Group EBIT?

Natural Gas Services Group's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $9.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $19.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Natural Gas Services Group's annualized ROC % for the quarter that ended in Mar. 2024 was 6.41%. Natural Gas Services Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 8.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Natural Gas Services Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.54%.

Natural Gas Services Group EBIT Historical Data

The historical data trend for Natural Gas Services Group's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Natural Gas Services Group EBIT Chart

Natural Gas Services Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-14.54

-2.97

-11.72

0.32

10.70

Natural Gas Services Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															0.52	0.94	4.82	4.43	9.51

Competitive Comparison of Natural Gas Services Group's EBIT

For the Oil & Gas Equipment & Services subindustry, Natural Gas Services Group's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Natural Gas Services Group's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Natural Gas Services Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Natural Gas Services Group's EV-to-EBIT falls into.

Natural Gas Services Group EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $19.7 Mil.

Natural Gas Services Group (NYSE:NGS) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Natural Gas Services Group's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	37.296 * ( 1 - 22.49% )	/	( (445.407	+	456.511)	/ 2 )
=	28.9081296	/	450.959
=	6.41 %

where

	Invested Capital		(Q: Dec. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	478.729	-	30.576	-	( 2.746	-	max(0, 32.713	-	76.271	+	2.746	))
=	445.407

	Invested Capital		(Q: Mar. 2024 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	486.176	-	24.426	-	( 5.239	-	max(0, 24.426	-	78.841	+	5.239	))
=	456.511

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Natural Gas Services Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	38.048	/	( ( (394.199 + max(29.274, 0))	+	(398.07 + max(37.664, 0)) )	/	2 )
=	38.048	/	( ( 423.473	+	435.734 )	/	2 )
=	38.048	/	429.6035
=	8.86 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(39.186	+	21.639	+	1.162)	-	(30.576	+	0	+	2.137)
=	29.274

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(42.341	+	18.811	+	0.93799999999999)	-	(24.426	+	0	+	0)
=	37.664

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Natural Gas Services Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	19.697	/	433.909
	=	4.54 %

Natural Gas Services Group EBIT Related Terms

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Natural Gas Services Group (Natural Gas Services Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Natural Gas Services Group Inc (NYSE:NGS) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

404 Veterans Airpark Lane, Suite 300, Midland, TX, USA, 79705

Website

https://www.ngsgi.com

Natural Gas Services Group Inc provides natural gas compression equipment and services to the energy industry. The company manufacture, fabricate, rent, sell and maintain natural gas compressors and flare systems for oil and natural gas production and plant facilities. Its operating units include Gas Compressor Rental, Engineered Equipment Sales, Service, and Maintenance. The company generates the majority of its revenue by renting out low- to medium-horsepower compression equipment to natural gas production companies in unconventional oil and gas regions of the United States.

Executives

Georganne Hodges	director	2105 CITYWEST BLVD., SUITE 100, HOUSTON TX 77042
John D. Bittner	officer: Interim CFO	1920 MCKINNEY AVENUE, SUITE 950, DALLAS TX 75201
Brian L Tucker	officer: Chief Operating Officer	1250 NE LOOP 410, #1000, SAN ANTONIO TX 78209
Donald J Tringali	director	C/O INFORMATION ANALYSIS INCORPORATED, 11240 WAPLES MILL RD STE 201, FAIRFAX VA 22030
Justin Jacobs	director	382 GREENWICH AVE, SUITE ONE, GREENWICH CT 06830
James D Faircloth	officer: Interim CFO	404 VETERANS AIRPARK LANE, SUITE 300, MIDLAND TX 79705
Leslie Ann Beyer	director	C/O NATURAL GAS SERVICES GROUP., INC., 404 VETERANS AIRPARK LANE, SUITE 300, MIDLAND TX 79705
James R Hazlett	officer: Vice President-Technical Svcs.	404 VETERANS AIRPARK LANE, SUITE 300, MIDLAND TX 79705
Stephen Charles Taylor	director, officer: President and CEO	404 VETERANS AIRPARK LANE, SUITE 300, MIDLAND TX 79705
John Chisholm	director	C/O FLOTEK INDUSTRIES, INC., 2930 W. SAM HOUSTON PARKWAY N., STE. 300, HOUSTON TX 77043
Micah C. Foster	officer: Chief Financial Officer	404 VETERANS AIRPARK LANE, SUITE 300, MIDLAND TX 79705
Nigel Jenvey	director	404 VETERANS AIRPARK LANE, SUITE 300, MIDLAND TX 79705
James R Lawrence	officer: VP & Chief Financial Officer	C/O NATURAL GAS SERVICES GROUP, INC., 404 VETERANS AIRPARK LANE, SUITE 300, MIDLAND TX 79705
David L Bradshaw	director	508 WEST WALL STREET, SUITE 550, MIDLAND TX 79701
G Larry Lawrence	officer: Chief Financial Officer	C/O LEGACY RESERVES GP, LLC, 303 W. WALL STREET, SUITE 1600, MIDLAND TX 79701