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Side-by-side financial comparison of KLX Energy Services Holdings, Inc. (KLXE) and NATURAL GAS SERVICES GROUP INC (NGS). Click either name above to swap in a different company.

KLX Energy Services Holdings, Inc. is the larger business by last-quarter revenue ($156.9M vs $46.1M, roughly 3.4× NATURAL GAS SERVICES GROUP INC). NATURAL GAS SERVICES GROUP INC runs the higher net margin — 8.9% vs -9.6%, a 18.4% gap on every dollar of revenue. On growth, NATURAL GAS SERVICES GROUP INC posted the faster year-over-year revenue change (13.5% vs -5.2%). KLX Energy Services Holdings, Inc. produced more free cash flow last quarter ($3.1M vs $-20.7M). Over the past eight quarters, NATURAL GAS SERVICES GROUP INC's revenue compounded faster (281.4% CAGR vs -5.2%).

KLX Energy Services Holdings, Inc. is a leading provider of mission-critical oilfield services and solutions for the upstream oil and gas industry, primarily operating across key onshore basins in North America. Its core offerings cover drilling support, well completion, production intervention, and specialized wellsite technical services tailored to optimize client operational efficiency and reduce project costs.

Southern Company Gas, formerly AGL Resources, is an American Fortune 500 energy services holding company headquartered in Atlanta, Georgia. The company's operations consist of natural gas distribution, wholesale services, retail operations, and midstream operations. Southern Company Gas is one of the largest natural gas distribution companies in the United States. The company serves approximately 4.5 million utility customers through its regulated distribution subsidiaries across four states....

KLXE vs NGS — Head-to-Head

Bigger by revenue
KLXE
KLXE
3.4× larger
KLXE
$156.9M
$46.1M
NGS
Growing faster (revenue YoY)
NGS
NGS
+18.7% gap
NGS
13.5%
-5.2%
KLXE
Higher net margin
NGS
NGS
18.4% more per $
NGS
8.9%
-9.6%
KLXE
More free cash flow
KLXE
KLXE
$23.8M more FCF
KLXE
$3.1M
$-20.7M
NGS
Faster 2-yr revenue CAGR
NGS
NGS
Annualised
NGS
281.4%
-5.2%
KLXE

Income Statement — Q4 2025 vs Q4 2025

Metric
KLXE
KLXE
NGS
NGS
Revenue
$156.9M
$46.1M
Net Profit
$-15.0M
$4.1M
Gross Margin
22.5%
Operating Margin
-0.6%
15.4%
Net Margin
-9.6%
8.9%
Revenue YoY
-5.2%
13.5%
Net Profit YoY
-2.7%
43.2%
EPS (diluted)
$-0.72
$0.32

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
KLXE
KLXE
NGS
NGS
Q4 25
$156.9M
$46.1M
Q3 25
$166.7M
$43.4M
Q2 25
$159.0M
$41.4M
Q1 25
$154.0M
$41.4M
Q4 24
$165.5M
$40.7M
Q3 24
$188.9M
$3.3M
Q2 24
$180.2M
$3.6M
Q1 24
$174.7M
$3.2M
Net Profit
KLXE
KLXE
NGS
NGS
Q4 25
$-15.0M
$4.1M
Q3 25
$-14.3M
$5.8M
Q2 25
$-19.9M
$5.2M
Q1 25
$-27.9M
$4.9M
Q4 24
$-14.6M
$2.9M
Q3 24
$-8.2M
$5.0M
Q2 24
$-8.0M
$4.3M
Q1 24
$-22.2M
$5.1M
Gross Margin
KLXE
KLXE
NGS
NGS
Q4 25
22.5%
Q3 25
21.7%
Q2 25
21.0%
Q1 25
19.6%
Q4 24
23.0%
Q3 24
24.7%
Q2 24
24.5%
Q1 24
17.6%
Operating Margin
KLXE
KLXE
NGS
NGS
Q4 25
-0.6%
15.4%
Q3 25
-1.8%
24.8%
Q2 25
-5.5%
24.0%
Q1 25
-11.5%
23.0%
Q4 24
-3.0%
14.9%
Q3 24
0.6%
Q2 24
0.8%
Q1 24
-7.5%
Net Margin
KLXE
KLXE
NGS
NGS
Q4 25
-9.6%
8.9%
Q3 25
-8.6%
13.3%
Q2 25
-12.5%
12.5%
Q1 25
-18.1%
11.7%
Q4 24
-8.8%
7.0%
Q3 24
-4.3%
150.3%
Q2 24
-4.4%
119.2%
Q1 24
-12.7%
160.7%
EPS (diluted)
KLXE
KLXE
NGS
NGS
Q4 25
$-0.72
$0.32
Q3 25
$-0.74
$0.46
Q2 25
$-1.04
$0.41
Q1 25
$-1.62
$0.38
Q4 24
$-0.89
$0.22
Q3 24
$-0.51
$0.40
Q2 24
$-0.49
$0.34
Q1 24
$-1.38
$0.41

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
KLXE
KLXE
NGS
NGS
Cash + ST InvestmentsLiquidity on hand
$5.7M
Total DebtLower is stronger
$258.3M
Stockholders' EquityBook value
$-74.2M
$274.7M
Total Assets
$340.3M
$586.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KLXE
KLXE
NGS
NGS
Q4 25
$5.7M
Q3 25
$8.3M
Q2 25
$16.7M
$325.0K
Q1 25
$14.6M
$2.1M
Q4 24
$91.6M
$2.1M
Q3 24
$82.7M
$410.0K
Q2 24
$86.9M
$3.6M
Q1 24
$84.9M
$5.2M
Total Debt
KLXE
KLXE
NGS
NGS
Q4 25
$258.3M
Q3 25
$259.2M
Q2 25
$258.7M
Q1 25
$261.0M
Q4 24
$285.1M
Q3 24
$285.2M
Q2 24
$284.9M
$163.0M
Q1 24
$284.6M
$172.0M
Stockholders' Equity
KLXE
KLXE
NGS
NGS
Q4 25
$-74.2M
$274.7M
Q3 25
$-61.2M
$271.4M
Q2 25
$-47.2M
$266.2M
Q1 25
$-26.6M
$260.3M
Q4 24
$-10.5M
$255.1M
Q3 24
$2.5M
$251.2M
Q2 24
$9.8M
$245.7M
Q1 24
$16.9M
$241.3M
Total Assets
KLXE
KLXE
NGS
NGS
Q4 25
$340.3M
$586.8M
Q3 25
$358.2M
$562.3M
Q2 25
$369.5M
$525.5M
Q1 25
$379.1M
$501.7M
Q4 24
$456.3M
$492.5M
Q3 24
$486.8M
$498.1M
Q2 24
$491.2M
$489.2M
Q1 24
$497.5M
$486.2M
Debt / Equity
KLXE
KLXE
NGS
NGS
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
114.08×
Q2 24
29.07×
0.66×
Q1 24
16.84×
0.71×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
KLXE
KLXE
NGS
NGS
Operating Cash FlowLast quarter
$12.5M
$13.9M
Free Cash FlowOCF − Capex
$3.1M
$-20.7M
FCF MarginFCF / Revenue
2.0%
-44.8%
Capex IntensityCapex / Revenue
6.0%
74.9%
Cash ConversionOCF / Net Profit
3.38×
TTM Free Cash FlowTrailing 4 quarters
$-41.6M
$-58.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KLXE
KLXE
NGS
NGS
Q4 25
$12.5M
$13.9M
Q3 25
$13.5M
$16.8M
Q2 25
$19.1M
$11.0M
Q1 25
$-37.6M
$21.3M
Q4 24
$26.0M
$9.4M
Q3 24
$16.8M
$25.9M
Q2 24
$22.2M
$25.5M
Q1 24
$-10.8M
$5.6M
Free Cash Flow
KLXE
KLXE
NGS
NGS
Q4 25
$3.1M
$-20.7M
Q3 25
$1.5M
$-25.1M
Q2 25
$6.4M
$-14.8M
Q1 25
$-52.6M
$2.0M
Q4 24
$10.7M
$-5.1M
Q3 24
$-4.2M
$-3.2M
Q2 24
$6.9M
$8.2M
Q1 24
$-24.3M
$-5.3M
FCF Margin
KLXE
KLXE
NGS
NGS
Q4 25
2.0%
-44.8%
Q3 25
0.9%
-57.7%
Q2 25
4.0%
-35.8%
Q1 25
-34.2%
4.9%
Q4 24
6.5%
-12.6%
Q3 24
-2.2%
-95.0%
Q2 24
3.8%
229.5%
Q1 24
-13.9%
-167.8%
Capex Intensity
KLXE
KLXE
NGS
NGS
Q4 25
6.0%
74.9%
Q3 25
7.2%
96.5%
Q2 25
8.0%
62.4%
Q1 25
9.7%
46.5%
Q4 24
9.2%
35.8%
Q3 24
11.1%
871.9%
Q2 24
8.5%
486.1%
Q1 24
7.7%
344.5%
Cash Conversion
KLXE
KLXE
NGS
NGS
Q4 25
3.38×
Q3 25
2.90×
Q2 25
2.12×
Q1 25
4.38×
Q4 24
3.29×
Q3 24
5.17×
Q2 24
6.00×
Q1 24
1.10×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

KLXE
KLXE

Northeast$59.7M38%
Other$51.0M33%
Completion Revenues$25.9M17%
Production Revenues$11.6M7%
Drilling Revenues$5.1M3%
Intervention Revenues$3.6M2%

NGS
NGS

Segment breakdown not available.

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