KGSKodiak Gas Services, Inc.
Natural Gas Transmission
- Revenue
- $1.3B
- 13% YoY
- Operating margin
- 26.0%
- 21% YoY
- EBITDA
- $616M
- 21% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 4.2×
- $2.6B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear745% of net incomeCash flow under 80% of net income
- Dilutive SBCClear2% of revenueOver 10% of revenue
- Payouts exceed cash flowClear44% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear14% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $606M | $708M | $850M | $1.2B | $1.3B | 13% |
| Operating income | $189M | $222M | $244M | $249M | $340M | 36% |
| Net income | $181M | $106M | $20M | $50M | $81M | 61% |
| Operating cash flow | $250M | $220M | $266M | $328M | $600M | 83% |
| Capex | $202M | $259M | $220M | $337M | $315M | 6.4% |
| Stock-based comp | $1M | $971K | $6M | $18M | $25M | 39% |
| Buybacks | — | $0 | $0 | $40M | $104M | 160% |
| Dividends | $0 | $0 | $30M | $134M | $160M | 19% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $642K · 5
- Net
- −$642K
Pay vs performance
No pay-versus-performance disclosure yet.