Is Kodiak Gas Services (KGS) overvalued or fairly valued?

MarketChacha shows Kodiak Gas Services's valuation in context — a trailing P/E of about 63.2, a forward P/E of about 19.3, a price-to-book of about 2.9 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Kodiak Gas Services's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (7.93×) from reported figures — education, not a rating.

What is Kodiak Gas Services's revenue?

Kodiak Gas Services reported revenue of $1.3B for FY2025, with net profit of $80.5M, per official filings.

What is the share price of Kodiak Gas Services (KGS)?

Kodiak Gas Services last traded at $62.59 (+1.4% on the day), as of 9/4/2026 — a delayed quote shown for education, not investment advice.

Kodiak Gas Services

KGS · NYSE · Energy · United States

Snapshot

TickerKGS

ExchangeNYSE

SectorEnergy

IndustryOil & Gas Equipment & Services

CountryUnited States

Employees1,300

HeadquartersThe Woodlands, United States

Websitewww.kodiakgas.com

Filings tracked25

About Kodiak Gas Services

Kodiak Gas Services, Inc. operates and provides contract compression infrastructure for customers in the oil and gas industry in the United States. It operates in two segments, Contract Services and Other Services. The Contract Services segment operates company-owned and customer-owned compression, and gas treating and cooling infrastructure to enable the production, gathering, processing, and transportation of natural gas and oil. The Other Services segment provides a range of services to support the needs of customers, including station construction, maintenance and overhaul, freight and crane charges, parts sales, and other ancillary time and material-based offerings. The company was formerly known as Frontier TopCo, Inc. Kodiak Gas Services, Inc. was founded in 2010 and is headquartered in The Woodlands, Texas.

Who owns it

Insiders0.6%
Institutions99.4%
Public & other0.0%

535 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.15.04%
Invesco Ltd.7.97%
Vanguard Capital Management LLC4.33%
State Street Corporation4.08%
Vanguard Portfolio Management LLC4.08%
FMR, LLC4.03%
Price (T.Rowe) Associates Inc3.00%
American Century Companies Inc2.92%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

Latest ROE of 1.8% is on the low side — the business earns a modest return on shareholder capital.

Cash conversion7.93×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend2.4% → 6.2%

Margin has expanded by about 3.8 points — the business is getting more profitable.

Return on equity1.8%

Latest ROE of 1.8% is on the low side — the business earns a modest return on shareholder capital.

Growth qualityrev 24% · PAT 100%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $398.0M · EPS 0.67

Est. earnings growth +91.3%

Next fiscal year

Rev $1.8B · EPS 3.24

Est. earnings growth +23.5%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$1.3B

Net margin

6.2%

Revenue CAGR (2y)

+24.0%

Profit CAGR (2y)

+100.3%

EPS (FY2025)

0.89

Net profit (FY2025)

$80.5M

Ask MarketChacha about KGS

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$1.3B	$80.5M	0.89	6.2%	—
FY2024	$1.2B	$49.9M	0.56	4.3%	—
FY2023	$850.4M	$20.1M	0.29	2.4%	1.8%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$391.1M	$52.0M	0.53	13.3%
2026Q1	$345.8M	$17.8M	0.20	5.1%
2025Q3	$322.7M	$-14.0M	-0.17	-4.3%
2025Q2	$322.8M	$39.5M	0.43	12.2%
2025Q1	$329.6M	$30.4M	0.33	9.2%
2024Q3	$324.6M	$-5.6M	-0.07	-1.7%
2024Q2	$309.7M	$6.2M	0.06	2.0%
2024Q1	$215.5M	$30.2M	0.39	14.0%
2023Q3	$231.0M	$21.8M	0.28	9.4%
2023Q2	$203.3M	$17.5M	0.30	8.6%
2023Q1	$190.1M	$-12.3M	-0.21	-6.5%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

10-Q filing
SEC8/7/2026
8-K — Reg FD disclosure, Exhibits
SEC8/6/2026material
8-K — Results of operations, Exhibits
SEC8/6/2026material
8-K — Other events, Exhibits
SEC5/15/2026material
8-K/A — Exhibits
SEC5/13/2026
8-K — Results of operations, Exhibits
SEC5/11/2026material
10-Q filing
SEC5/11/2026
8-K — Reg FD disclosure, Exhibits
SEC5/8/2026material
8-K — Bylaw/charter change, Shareholder vote results, Exhibits
SEC5/7/2026material
8-K — Material agreement, Completion of acquisition/disposition, Unregistered equity sale, Reg FD disclosure, Exhibits
SEC4/2/2026material
8-K — Material agreement, Material financial obligation, Exhibits
SEC3/24/2026material
8-K — Other events, Exhibits
SEC3/12/2026material
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC3/11/2026material
10-K filing
SEC2/26/2026
8-K — Results of operations, Exhibits
SEC2/25/2026material
8-K — Material agreement, Unregistered equity sale, Reg FD disclosure, Exhibits
SEC2/5/2026material
8-K — Reg FD disclosure, Exhibits
SEC1/29/2026material

2025

8-K — Other events, Exhibits
SEC12/3/2025material
8-K — Other events, Exhibits
SEC11/13/2025material
10-Q filing
SEC11/5/2025
8-K — Results of operations, Exhibits
SEC11/4/2025material
8-K — Reg FD disclosure, Exhibits
SEC10/23/2025material
8-K — Material agreement, Material financial obligation, Exhibits
SEC9/23/2025material
8-K — Other events, Exhibits
SEC9/18/2025material
8-K — Other events, Exhibits
SEC9/18/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.