5 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 21.2% per year over the past 4 years.
Net income has grown slower than revenue (-18.3% vs 21.2% per year).
Operating margin has contracted, at 26.0% in the latest year.
Free cash flow has grown 56.0% per year over the past 4 years.
Financial health
Total debt ($2.6B) exceeds cash ($3M); net debt is $2.6B.
Total debt has grown slower than revenue (-2.1% vs 21.2% per year).
Total debt is 4.1× EBITDA.
Shareholder returns
Dividends have been paid for 3 consecutive years, consuming 198.2% of earnings and 56.1% of free cash flow.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$1.3B
$81M
0.0%
26.0%
$284M
$2.6B
$3M
2024
$1.2B
$50M
0.0%
21.5%
-$9M
$2.6B
$5M
2023
$850M
$20M
37.2%
28.7%
$47M
$1.8B
$6M
2022
$708M
$106M
37.6%
31.4%
-$40M
$2.7B
$20M
2021
$606M
$181M
38.9%
31.2%
$48M
—
—
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$346M
$18M
0.0%
30.9%
-$47M
$2.8B
$94M
Dec '25
$333M
$25M
0.0%
26.1%
$142M
$2.6B
$3M
Sep '25
$323M
-$14M
0.0%
19.9%
$11M
$2.6B
$724000
Jun '25
$323M
$39M
0.0%
30.9%
$95M
$2.5B
$5M
Mar '25
$330M
$30M
0.0%
27.1%
$37M
$2.6B
$2M
Dec '24
$310M
$19M
0.0%
22.3%
$45M
$2.6B
$5M
Sep '24
$325M
-$6M
37.5%
20.4%
-$50M
$2.6B
$7M
Jun '24
$310M
$6M
36.5%
17.5%
$4M
$2.5B
$4M
Mar '24
$215M
$30M
39.4%
27.9%
-$9M
$1.8B
$9M
Dec '23
$226M
-$7M
38.9%
26.9%
-$12M
$1.8B
$6M
Sep '23
$231M
$22M
34.9%
26.4%
$34M
$1.7B
$6M
Jun '23
$203M
$18M
36.8%
30.5%
$49M
$2.8B
$41M
Mar '23
$190M
-$12M
38.6%
31.7%
-$25M
—
—
Dec '22
$180M
$2M
38.7%
32.0%
-$27M
$2.7B
$20M
Sep '22
$183M
$46M
37.6%
31.9%
$5M
—
—
Jun '22
$177M
$9M
35.9%
29.3%
—
—
—
Mar '22
—
$50M
—
—
—
—
—
Valuation over time
How the market has priced KGS against its own fundamentals since 2023-06 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 13.5× (Jun '23) to 81.5× (Jun '26).
The price-to-sales ratio has risen from 2.0× (Jun '23) to 5.0× (Jun '26).
The dividend yield has risen from 1.4% (Jan '24) to 2.4% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is KGS growing its revenue and profit?
Over the past 4 years, Kodiak Gas Services, Inc.'s revenue has grown 21.2% per year, and net income declined 18.3% per year. These are computed facts, not advice.
How much debt does KGS have?
As of FY2025, Kodiak Gas Services, Inc. reported $2.6B of total debt against $3M of cash.
What is KGS's profit margin?
In FY2025, gross margin was —, operating margin 26.0%, and net margin 6.2%.
What is KGS's P/E ratio?
As of Jun '26, Kodiak Gas Services, Inc. traded at a price-to-earnings ratio of about 81.5× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.