Kodiak Gas Services, Inc. - Understand $kgs stock

$KGS Market Cap: $3.564 Billion

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Financial Snapshot

Revenue

$1.076B

TTM

Gross Margin

43.22%

TTM

Net Earnings

$23.94M

TTM

Current Assets

$443.4M

Q3 2024

Current Liabilities

$348.8M

Q3 2024

Current Ratio

127.11%

Q3 2024

Total Assets

$4.492B

Q3 2024

Total Liabilities

$3.096B

Q3 2024

Book Value

$1.396B

Q3 2024

Cash

$7.434M

Q3 2024

P/E

148.9

Nov 29, 2024 EST

Free Cash Flow

-$65.81M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020
Revenue	$850.4M	$707.9M	$606.4M	$532.4M
YoY Change	20.13%	16.74%	13.9%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020
Revenue	$850.4M	$707.9M	$606.4M	$532.4M
Cost Of Revenue	$350.9M	$267.4M	$210.2M	$179.3M
Gross Profit	$499.5M	$440.6M	$396.2M	$353.1M
Gross Profit Margin	58.74%	62.24%	65.34%	66.32%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020
Selling, General & Admin	$73.31M	$44.90M	$37.70M	$39.00M
YoY Change	63.27%	19.1%	-3.33%
% of Gross Profit	14.68%	10.19%	9.52%	11.05%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$182.9M	$174.5M	$160.0M	$145.6M
YoY Change	4.8%	9.06%	9.89%
% of Gross Profit	36.61%	39.61%	40.38%	41.23%
Operating Expenses	$256.2M	$219.3M	$197.7M	$184.7M
YoY Change	16.82%	10.93%	7.04%
Operating Profit	$243.3M	$221.3M	$198.5M	$168.4M
YoY Change	9.96%	11.49%	17.87%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020
Interest Expense	-$202.2M	-$82.80M	-$66.50M	-$164.1M
YoY Change	144.26%	24.51%	-59.48%
% of Operating Profit	-83.12%	-37.42%	-33.5%	-97.45%
Other Income/Expense, Net	$31.00K	$0.00	-$100.0K	$0.00
YoY Change		-100.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020
Pretax Income	$35.14M	$139.4M	$122.4M	$5.300M
YoY Change	-74.79%	13.89%	2209.43%
Income Tax	$15.07M	$33.10M	-$58.60M	$7.500M
% Of Pretax Income	42.89%	23.74%	-47.88%	141.51%
Net Earnings	$20.07M	$106.3M	$181.0M	-$2.200M
YoY Change	-81.12%	-41.27%	-8327.27%
Net Earnings / Revenue	2.36%	15.02%	29.85%	-0.41%
Basic Earnings Per Share	$0.29	$1.80	$3.07
Diluted Earnings Per Share	$0.26	$1.42	$2.41	-$0.03

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020
Cash & Short-Term Investments	$5.562M	$20.40M	$28.80M	$24.10M
YoY Change	-72.74%	-29.17%	19.5%
Cash & Equivalents	$5.562M	$20.40M	$28.80M	$24.10M
Short-Term Investments
Other Short-Term Assets	$18.55M	$10.40M	$6.200M	$7.600M
YoY Change	78.34%	67.74%	-18.42%
Inventory	$76.24M	$72.20M	$48.40M	$45.40M
Prepaid Expenses
Receivables	$130.6M	$101.1M	$80.70M	$65.30M
Other Receivables	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$231.0M	$204.0M	$164.1M	$142.4M
YoY Change	13.22%	24.31%	15.24%
Property, Plant & Equipment	$2.570B	$2.499B	$2.400B	$2.349B
YoY Change	2.85%	4.12%	2.15%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$14.90M	$65.10M	$400.0K	$300.0K
YoY Change	-77.12%	16175.0%	33.33%
Total Long-Term Assets	$3.013B	$3.002B	$2.848B	$2.806B
YoY Change	0.39%	5.41%	1.46%
Total Assets	$3.244B	$3.206B	$3.012B	$2.949B
YoY Change
Accounts Payable	$49.84M	$38.00M	$37.60M	$33.40M
YoY Change	31.16%	1.06%	12.57%
Accrued Expenses	$97.08M	$93.90M	$54.90M	$52.00M
YoY Change	3.38%	71.04%	5.58%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due			$0.00	$1.512B
YoY Change			-100.0%
Total Short-Term Liabilities	$210.6M	$189.0M	$144.1M	$1.643B
YoY Change	11.44%	31.16%	-91.23%
Long-Term Debt	$1.791B	$2.720B	$1.845B	$392.5M
YoY Change	-34.14%	47.42%	370.09%
Other Long-Term Liabilities	$36.62M	$10.30M	$32.70M	$67.70M
YoY Change	255.5%	-68.5%	-51.7%
Total Long-Term Liabilities	$1.828B	$2.730B	$1.878B	$460.2M
YoY Change	-33.04%	45.4%	308.04%
Total Liabilities	$2.101B	$2.976B	$2.052B	$2.194B
YoY Change	-29.4%	45.08%	-6.48%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021
Basic Shares Outstanding	68.06M shares	59.00M shares	59.00M shares
Diluted Shares Outstanding	68.33M shares	59.00M shares	59.00M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $3.5643 Billion

About Kodiak Gas Services, Inc.

Kodiak Gas Services, Inc. engages in the operation of contract compression infrastructure. The company is headquartered in The Woodlands, Texas and currently employs 781 full-time employees. The company went IPO on 2023-06-29. The firm manages its business through two operating segments: Compression Operations and Other Services. Compression Operations consists of operating Company-owned and customer-owned compression infrastructure for its customers, pursuant to fixed-revenue contracts to enable the production, gathering and transportation of natural gas and oil. Other Services consist of a full range of contract services to support the needs of its customers, including station construction, maintenance and overhaul, and other ancillary time and material-based offerings. The firm focuses on providing contract compression and related services to oil and gas producers and midstream customers in high-volume gas gathering systems, processing facilities, multi-well gas lift applications and natural gas transmission systems.

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