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Kodiak Gas Services, Inc.
(NYSE:KGS)
Kodiak Gas Services, Inc. (KGS) vs. SPDR S&P 500 ETF (SPY)
Kodiak Gas Services, Inc. Business Overview & Revenue Model
Kodiak Gas Services, Inc. Earnings Call Summary
Kodiak Gas Services, Inc. Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.28B | 1.16B | 850.38M | 707.91M | 606.38M | 532.42M |
| Gross Profit | 599.50M | 440.66M | 316.64M | 266.10M | 236.15M | 207.47M |
| EBITDA | 583.51M | 533.32M | 440.52M | 479.69M | 367.07M | 264.41M |
| Net Income | 74.98M | 49.90M | 20.07M | 106.27M | 180.96M | -2.19M |
Balance Sheet | ||||||
| Total Assets | 4.37B | 4.44B | 3.24B | 3.21B | 3.01B | 3.30B |
| Cash, Cash Equivalents and Short-Term Investments | 724.00K | 4.75M | 5.56M | 20.43M | 28.80M | 24.11M |
| Total Debt | 2.67B | 2.65B | 1.83B | 2.73B | 1.85B | 1.90B |
| Total Liabilities | 3.12B | 3.06B | 2.10B | 2.98B | 2.05B | 2.54B |
| Stockholders Equity | 1.25B | 1.36B | 1.14B | 229.09M | 960.07M | 755.29M |
Cash Flow | ||||||
| Free Cash Flow | 187.49M | -8.97M | 46.53M | -39.50M | 48.04M | -53.41M |
| Operating Cash Flow | 523.36M | 327.99M | 266.33M | 219.85M | 249.98M | 243.98M |
| Investing Cash Flow | -288.84M | -292.47M | -218.42M | -251.38M | -202.03M | -296.38M |
| Financing Cash Flow | -241.23M | -36.33M | -62.77M | 23.17M | -43.25M | 73.71M |
Kodiak Gas Services, Inc. Technical Analysis
Kodiak Gas Services, Inc. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | $4.10B | 15.56 | 19.33% | 3.33% | 31.94% | 64.74% | |
75 Outperform | $388.00M | 20.87 | 7.15% | 0.68% | 9.53% | 15.48% | |
73 Outperform | $2.42B | 10.59 | 28.92% | ― | 8.71% | 72.09% | |
71 Outperform | $3.29B | 16.39 | 15.77% | 1.25% | -3.76% | -11.00% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
61 Neutral | $2.92B | 42.70 | 5.86% | 5.33% | 19.43% | 164.71% | |
61 Neutral | $2.92B | 29.65 | ― | 8.83% | 6.66% | 43.66% |
Kodiak Gas Services, Inc. Corporate Events
Kodiak Gas Services, Inc., based in The Woodlands, Texas, is a prominent provider of contract compression services and critical energy infrastructure, primarily serving the natural gas and oil sectors across the United States.
Kodiak Gas Services, Inc. reported a successful quarter, marked by strategic exits from international markets, significant shareholder returns, and record discretionary cash flow. Despite challenges such as nonrecurring expenses and a significant tax charge, the overall sentiment remains positive, driven by strong financial performance and strategic positioning for future growth.
On October 23, 2025, Kodiak Gas Services, Inc. announced an increase in its quarterly cash dividend to $0.49 per share, payable on November 13, 2025, reflecting the company’s strong cash flow and commitment to shareholder returns. Additionally, Kodiak Services, a subsidiary, declared a similar distribution for its units. The company will release its third-quarter 2025 financial results on November 4, 2025, followed by a conference call on November 5, 2025, to discuss the earnings.
The most recent analyst rating on (KGS) stock is a Hold with a $38.00 price target. To see the full list of analyst forecasts on Kodiak Gas Services, Inc. stock, see the KGS Stock Forecast page.
On September 22, 2025, Kodiak Gas Services, LLC completed a private offering of additional senior unsecured notes totaling $200 million, with maturities set for 2033 and 2035. This issuance is part of a broader strategy to manage the company’s debt portfolio, aligning with existing notes and offering structural guarantees, which may enhance the company’s financial flexibility and appeal to investors.
The most recent analyst rating on (KGS) stock is a Hold with a $37.00 price target. To see the full list of analyst forecasts on Kodiak Gas Services, Inc. stock, see the KGS Stock Forecast page.
On September 18, 2025, Kodiak Gas Services, Inc. announced that its subsidiary priced a private offering of an additional $200 million in senior unsecured notes, with $170 million due in 2033 and $30 million due in 2035. The proceeds from this offering are intended to repay a portion of the company’s outstanding indebtedness under its revolving asset-based loan credit facility, potentially impacting the company’s financial structure and market positioning.
The most recent analyst rating on (KGS) stock is a Hold with a $37.00 price target. To see the full list of analyst forecasts on Kodiak Gas Services, Inc. stock, see the KGS Stock Forecast page.
On September 18, 2025, Kodiak Gas Services, Inc. announced that its subsidiary, Kodiak Gas Services, LLC, launched a private offering of an additional $200 million in senior unsecured notes due 2033. The proceeds from this offering are intended to repay a portion of the company’s outstanding indebtedness under its revolving asset-based loan credit facility, which may impact the company’s financial structure and operations.
The most recent analyst rating on (KGS) stock is a Hold with a $37.00 price target. To see the full list of analyst forecasts on Kodiak Gas Services, Inc. stock, see the KGS Stock Forecast page.
On September 8, 2025, Kodiak Gas Services, Inc. entered into an Underwriting Agreement with Frontier TopCo Partnership, L.P. and Goldman Sachs & Co. LLC for the sale of 10,000,000 shares of common stock by the Selling Stockholder at $34.40 per share. The company did not sell any shares or receive proceeds from this transaction, which closed on September 9, 2025. The agreement includes standard representations, warranties, and indemnification provisions, impacting the company’s financial structure and stakeholder relations.
The most recent analyst rating on (KGS) stock is a Hold with a $37.00 price target. To see the full list of analyst forecasts on Kodiak Gas Services, Inc. stock, see the KGS Stock Forecast page.
On September 5, 2025, Kodiak Gas Services, LLC issued $1.2 billion in senior unsecured notes, split equally between notes due in 2033 and 2035, with interest rates of 6.500% and 6.750%, respectively. The issuance is part of a strategic financial maneuver involving optional redemption terms and covenants that limit certain financial activities, potentially impacting the company’s financial flexibility and stakeholder interests. Additionally, Kodiak Gas Services amended its credit agreement to reduce interest rate margins, extend the maturity date, and adjust borrowing base provisions, which may enhance its financial stability and operational capacity.
The most recent analyst rating on (KGS) stock is a Buy with a $40.00 price target. To see the full list of analyst forecasts on Kodiak Gas Services, Inc. stock, see the KGS Stock Forecast page.
On September 2, 2025, Kodiak Gas Services, Inc. announced that its subsidiary, Kodiak Gas Services, LLC, has priced a private offering of $1.2 billion in senior unsecured notes, split equally between notes due in 2033 and 2035. The proceeds from this offering are intended to repay part of the company’s outstanding indebtedness under its revolving asset-based loan credit facility, which will see its total commitments reduced to $2.0 billion and its maturity date extended. This financial maneuver is expected to impact the company’s operational flexibility and financial stability.
The most recent analyst rating on (KGS) stock is a Buy with a $40.00 price target. To see the full list of analyst forecasts on Kodiak Gas Services, Inc. stock, see the KGS Stock Forecast page.
On September 2, 2025, Kodiak Gas Services, Inc. announced that its subsidiary, Kodiak Gas Services, LLC, launched a private offering of $1 billion in senior unsecured notes due in 2033 and 2035. The proceeds from this offering are intended to repay part of the outstanding debt under the company’s revolving asset-based loan credit facility, with plans to amend the facility to reduce commitments to $2 billion and extend the maturity date. This move is expected to decrease borrowing costs and adjust the company’s financial structure, potentially impacting its operational flexibility and financial stability positively.
The most recent analyst rating on (KGS) stock is a Buy with a $47.00 price target. To see the full list of analyst forecasts on Kodiak Gas Services, Inc. stock, see the KGS Stock Forecast page.
Kodiak Gas Services, Inc. recently held its earnings call, revealing a strong financial performance and a positive outlook for the future. Despite facing some challenges, such as a tight labor market and a reduction in revenue forecast for Other Services, the overall sentiment was optimistic, highlighting increased shareholder returns and favorable market dynamics.
On August 11, 2025, Kodiak Gas Services, Inc. announced a stock repurchase agreement to buy back 1,508,750 shares of its common stock from Frontier TopCo Partnership, L.P. for a total of $50 million, with the transaction expected to close on August 12, 2025. This repurchase, approved by a special committee of independent directors, is part of Kodiak’s capital allocation strategy to enhance shareholder value and results in the Selling Stockholder’s ownership dropping below 35%, triggering changes in the Stockholders’ Agreement, including reduced board representation and approval rights for the Selling Stockholder.
The most recent analyst rating on (KGS) stock is a Buy with a $51.00 price target. To see the full list of analyst forecasts on Kodiak Gas Services, Inc. stock, see the KGS Stock Forecast page.
Kodiak Gas Services, Inc., a prominent player in the energy infrastructure sector, specializes in providing contract compression services essential for the production and transportation of natural gas and oil across the United States. Headquartered in The Woodlands, Texas, the company is known for its robust service offerings in high-volume gas gathering systems and natural gas transmission systems.