KGS Stock Analysis: Kodiak Gas Services | NYSE
Oil & Gas Equipment & Services | NYSE, USA | Market Cap: 5.415m USD | 12M Return: 60% | US50012A1088 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 103M
Qual. Beats: 0
Rev. Trend: 95.5%
Qual. Beats: 1
Warnings
Tailwinds
No distinct edge detected
Seasonality 3.2 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Kodiak Gas Services, Inc. (NYSE: KGS) is a U.S.-based provider of contract compression infrastructure serving the oil and gas industry. Founded in 2010 and headquartered in The Woodlands, Texas, the company was formerly known as Frontier TopCo, Inc. and went public in mid-2023.
The company operates through two segments. The Contract Services segment operates company-owned and customer-owned compression, as well as gas treating and cooling infrastructure, supporting the production, gathering, processing, and transportation of natural gas and oil. The Other Services segment offers station construction, maintenance and overhaul, freight and crane services, parts sales, and other ancillary time- and material-based offerings.
Contract compression is a common operating model in the midstream oil and gas value chain, in which providers own and deploy compression equipment at producer or processor sites in exchange for recurring rental or service fees, helping customers move natural gas through gathering systems and pipelines without making large capital outlays. The Woodlands, Texas, where Kodiak is headquartered, is a well-known cluster for U.S. energy and oilfield services companies.
- US natural gas production growth fuels compression demand
- Fleet utilization and pricing power expand operating margins
- Capital allocation toward fleet expansion and accretive acquisitions
| Net Income: 80.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.00 > 0.02 and ΔFCF/TA -2.81 > 1.0 |
| NWC/Revenue: 11.72% < 20% (prev 2.50%; Δ 9.21% < -1%) |
| CFO/TA 0.09 > 3% & CFO 478.9m > Net Income 80.4m |
| Net Debt (2.68b) to EBITDA (603.4m): 4.44 < 3 |
| Current Ratio: 1.45 > 1.5 & < 3 |
| Outstanding Shares: last quarter (96.8m) vs 12m ago 7.51% < -2% |
| Gross Margin: 40.09% > 18% (prev 40.02%; Δ 0.08% > 0.5%) |
| Asset Turnover: 28.20% > 50% (prev 29.40%; Δ -1.20% > 0%) |
| Interest Coverage Ratio: 1.55 > 6 (EBIT TTM 316.5m / Interest Expense TTM 204.2m) |
| A: 0.03 (Total Current Assets 528.1m - Total Current Liabilities 365.0m) / Total Assets 5.50b |
| B: -0.00 (Retained Earnings -10.5m / Total Assets 5.50b) |
| C: 0.06 (EBIT TTM 316.5m / Avg Total Assets 4.94b) |
| D: 0.65 (Book Value of Equity 2.16b / Total Liabilities 3.34b) |
| Altman-Z'' = 1.30 = BB |
| DSRI: 1.10 (Receivables 274.0m/229.9m, Revenue 1.39b/1.29b) |
| GMI: 1.00 (GM 40.02% / 40.09%) |
| AQI: 1.33 (AQ_t 0.18 / AQ_t-1 0.13) |
| SGI: 1.08 (Revenue 1.39b / 1.29b) |
| TATA: -0.07 (NI 80.4m - CFO 478.9m) / TA 5.50b) |
| Beneish M = -2.70 (Cap -4..+1) = A |
As of October 13, 2026, the stock is trading at USD 52.49 with a total of 1,208,049 shares traded. Over the past week, the price has changed by -2.00%, over one month by -7.29%, over three months by -20.57% and over the past year by +60.03%.
Current recommended Stop Loss: 47.70 (which is 9.1% or 2 ATR below the current price).
Kodiak Gas Services has received a consensus analysts rating of 4.67. Therefore, it is recommended to buy KGS.
- StrongBuy: 10
- Buy: 5
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 82.7 | 57.6% |
P/E Trailing = 62.2791
P/E Forward = 19.7239
P/S = 3.8888
P/B = 2.4934
Revenue TTM = 1.39b USD
EBIT TTM = 316.5m USD
EBITDA TTM = 603.4m USD
Long Term Debt = 2.72b USD (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = 2.82b USD (corrected: LT Debt 2.72b + ST Debt none) + Leases 96.5m
Net Debt = 2.68b USD (calculated: Debt 2.82b - CCE 137.6m)
Enterprise Value = 8.10b USD (5.42b + Debt 2.82b - CCE 137.6m)
Interest Coverage Ratio = 1.55 (Ebit TTM 316.5m / Interest Expense TTM 204.2m)
EV/FCF = 1000.0x (Enterprise Value 8.10b / FCF TTM 5.01m)
FCF Yield = 0.06% (FCF TTM 5.01m / Enterprise Value 8.10b)
FCF Margin = 0.36% (FCF TTM 5.01m / Revenue TTM 1.39b)
Net Margin = 5.77% (Net Income TTM 80.4m / Revenue TTM 1.39b)
Gross Margin = 40.09% ((Revenue TTM 1.39b - Cost of Revenue TTM 834.2m) / Revenue TTM)
Gross Margin QoQ = 31.76% (prev 44.60%)
Tobins Q-Ratio = 1.47 (Enterprise Value 8.10b / Total Assets 5.50b)
Interest Expense / Debt = 7.25% (Interest Expense 204.2m / Debt 2.82b)
Taxrate = 28.28% (31.8m / 112.3m)
NOPAT = 227.0m (EBIT 316.5m * (1 - 28.28%))
Current Ratio = 1.45 (Total Current Assets 528.1m / Total Current Liabilities 365.0m)
Debt / Equity = 1.30 (Debt 2.82b / totalStockholderEquity, last quarter 2.16b)
Debt / EBITDA = 4.44 (Net Debt 2.68b / EBITDA 603.4m)
Debt / FCF = 535.2 (Net Debt 2.68b / FCF TTM 5.01m)
Total Stockholder Equity = 1.45b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.63% (Net Income 80.4m / Total Assets 5.50b)
RoE = 5.55% (Net Income TTM 80.4m / Total Stockholder Equity 1.45b)
RoCE = 7.59% (EBIT 316.5m / Capital Employed (Equity 1.45b + L.T.Debt 2.72b))
RoIC = 4.48% (NOPAT 227.0m / Invested Capital 5.07b)
WACC = 8.55% (E(5.42b)/V(8.23b) * Re(10.30%) + D(2.82b)/V(8.23b) * Rd(7.25%) * (1-Tc(0.28)))
Discount Rate = 10.30% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 58.83 | Cagr: 10.01%
[DCF] Terminal Value 72.34% ; FCFF base≈53.8m ; Y1≈47.2m ; Y5≈38.1m
[DCF] Fair Price = N/A (negative equity: EV 591.6m - Net Debt 2.68b = -2.09b; debt exceeds intrinsic value)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.73 | # QB: 0
Revenue Correlation: 95.52 | Revenue CAGR: 23.01% | SUE: 1.07 | # QB: 1
EPS current Quarter (2026-09-30): EPS=0.66 | Chg30d=-1.68% | Revisions=+29% | Analysts=5
EPS current Year (2026-12-31): EPS=2.62 | Chg30d=+3.16% | Revisions=+0% | GrowthEPS=+103.9% | GrowthRev=+16.6%
EPS next Year (2027-12-31): EPS=3.24 | Chg30d=+3.36% | Revisions=+0% | GrowthEPS=+23.5% | GrowthRev=+16.4%
[Analyst] Revisions Ratio: +13% (up=7, down=5)