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Kodiak Gas Services, Inc. (KGS)
NYSE:KGS
Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.39Last Year’s EPS
0.39Same Quarter Last Year
Strong Buy
Based on 7 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 05, 2025
|% Change Since: -19.77%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Positive
The earnings call presented a positive outlook for Kodiak Gas Services, highlighting record-breaking financial performance, strategic divestitures, successful integration of acquisitions, and strong shareholder returns. Despite a decrease in fourth-quarter revenue and challenges in maintaining contract pricing, the company's strategic focus and investments in innovation and expansion provide a strong foundation for future growth.Company Guidance
In the Fourth Quarter and Full Year 2024 Earnings Conference Call, Kodiak Gas Services provided detailed guidance for 2025, highlighting several key metrics. The company aims to achieve total revenue between $1.31 billion and $1.38 billion, with an adjusted EBITDA ranging from $685 million to $725 million, demonstrating continued confidence in their strategic execution. Kodiak plans to invest significantly in its fleet, with growth capital expenditures expected to be between $240 million and $280 million, targeting approximately 150,000 to 155,000 new horsepower. The company forecasts a contract services adjusted gross margin percentage of 66% to 68% and plans to return about 35% or more of discretionary cash flow to shareholders. Kodiak also aims to reduce leverage to 3.5 times by the end of 2025, emphasizing their commitment to maintaining a strong balance sheet while pursuing growth opportunities.Record Revenue and Growth
Kodiak Gas Services set new records in total revenue, adjusted EBITDA, discretionary cash flow, and free cash flow for 2024. Total revenue grew by 36% to $1.2 billion, and adjusted EBITDA increased by 39% to $610 million.
Strategic Divestitures and Focus on Core Operations
The company divested approximately 129,000 horsepower of non-core low margin units, increased the average horsepower size of its fleet, and focused operations in the U.S. and Mexico.
Successful Integration of CSI Acquisition
Kodiak exceeded initial acquisition synergy estimates by realizing over 50% more cost savings than expected and streamlined operations to focus on large horsepower compression.
Strong Shareholder Returns
Kodiak returned significant capital to shareholders with $139 million in dividends and distributions, and a 115% total shareholder return in 2024.
Expansion and Innovation Efforts
Investments were made in the organic growth of the fleet, development of cutting-edge training facilities, and the initial deployment of AI technology.
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KGS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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KGS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 05, 2025 | $40.56 | $34.48 | -14.99% |
| Nov 07, 2024 | $34.51 | $34.23 | -0.81% |
| Aug 12, 2024 | $28.67 | $25.53 | -10.95% |
| May 08, 2024 | $26.62 | $26.88 | +0.98% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Kodiak Gas Services, Inc. (KGS) report earnings?
Kodiak Gas Services, Inc. (KGS) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is Kodiak Gas Services, Inc. (KGS) earnings time?
Kodiak Gas Services, Inc. (KGS) earnings time is at May 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is KGS EPS forecast?
KGS EPS forecast for the fiscal quarter 2025 (Q1) is 0.39.
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