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Kodiak Gas Services KGS Operating margin

Operating margin at other companies

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NOVA, Inc.NOV
4.5%-5.3pp
SM Energy logo
SM EnergySM
11.2%-28.2pp
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Chord EnergyCHRD
3.6%-18.0pp
Antero Midstream Corporation logo
Antero Midstream CorporationAM
54.2%-5.8pp
Williams Companies logo
Williams CompaniesWMB
34.3%-0.2pp
Kirby Corporation logo
Kirby CorporationKEX
14.6%+2.1pp

Other financials

Income statement

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Revenue$345.8M+4.9%
Gross profit$222.9M+10.8%
Operating income$106.8M+19.8%
Net income$17.8M-41.5%
EPS (diluted)$0.20-39.4%

Balance sheet

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Cash & equivalents$94.4M+4,739%
Total debt$2.8B+7.3%
Total equity$1.2B-13.3%
Total assets$4.5B+1.3%

Cash flow

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Operating cash flow$71.2M-37.7%
CapEx$118.4M+52.6%
Free cash flow-$47.2M-228%

Valuation

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Market cap$6.98B+52.7%
Enterprise value$9.72B+30.9%
P/E102.8×+11.5×
P/S5.3×+1.7×

Profitability

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Gross margin64.2%+3.7pp
Net margin5.1%+1.2pp
FCF margin15.1%

Returns & leverage

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Return on equity5.4%+1.4pp
Debt / equity2.4×+0.5×
Current ratio1.3×+0.1×

Where this comes from

Calculated from Kodiak Gas Services’s reported figures.

Based on trailing twelve months.

The official record: Kodiak Gas Services’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Kodiak Gas Services's operating margin?
Kodiak Gas Services (KGS) reported operating margin of 27% in Q1 2026.
How has Kodiak Gas Services's operating margin changed year-over-year?
Kodiak Gas Services's operating margin increased by 23.5% year-over-year, from 21.9% to 27%.
What is the long-term trend for Kodiak Gas Services's operating margin?
Over 4 years (2021 to 2025), Kodiak Gas Services's operating margin has grown at a -4.4% compound annual growth rate (CAGR), from 31.2% to 26%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.