Kodiak Gas Services, Inc. · Natural Gas Transmission

KGS

Moderate riskNext report: In 7 days (est.)

View price ↗

The short version

A profitable company with growing sales. Institutions are adding.

Going well

Sales up 21% in the latest quarter vs a year ago
Raised its dividend (4.0% yield)
Profitable

Watch out for

Share count growing 14.5% a year (dilution)

Money moves

Insiders sold $197K in the last 30 days, all through pre-planned sales
Institutions added 17% to their holdings in the quarter ending June 2026 (278 bought, 115 sold)
Held by Ray Dalio (Bridgewater)

Facts from SEC filings, not a recommendation.

What the price means

Price as of Oct 26

$45.45+2.6% that day

Company value: $4.6B; Share price times all shares
Price vs profit (P/E): 54.1x; You pay about $54 for each $1 of yearly profit
Price vs sales: 3.3x; Company value is 3.3 times a year of sales
Dividend yield: 4.0%; Yearly dividend as a share of today's price
Cash vs value: 3%; Cash as a share of company value
Debt vs value: 56%; Debt as a share of company value

From KGS's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.

The business over time

Last 12 quarters, from SEC filings

Sales, Jun '26

$391.1M+21% vs a year earlier

Sep '23Tap a barJun '26

Last 12 months: $1.4B, up 8.2% from the 12 months before.

What the price assumes

Your guesses, our math

Move the sliders to your own view of KGS. Starting points are the company's recent numbers.

Sales growth+8% a yearRecently: +8.2% a yearProfit margin6%Last 12 months: 5.8%P/E at the end40xToday: 54.1x. Many steady companies trade at 12x to 25xShare count change+10% a yearBelow zero means buybacks; above zero means new shares (dilution)

Sales in 5 years$2.0B

Profit in 5 years$123M

Price these guesses point to$30.16-34% vs $45.45 todayAbout -7.9% a year, before dividends

What today's price needs: with a 6% margin and a 40x P/E, sales would have to grow about 17% a year for 5 years just to match today's price.

Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.

Price

Price chart by TradingView.

Business quality

The checklist Warren Buffett-style investors use. Annual numbers for 2025.

2/4Mixed

MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.6.2%
PassProfitable every yearSteady profits, not one good year.5 of 5 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$284.3M
MissShare count not growingNot diluting owners. Falling means buybacks.+50.0% in 3 years

Revenue: $1.3B; +12.8% vs prior year
Total debt: $2.6B
Current ratio: 0.84x; short-term assets / bills due
Free cash flow: $284.3M; 21.7% of revenue

From annual reports filed with the SEC. Not in this company's SEC data, so not scored: return on equity 15%+, debt under half of equity, gross margin 40%+. A checklist is a starting point for research, not a verdict.

Latest quarter

Quarter ended Jun 30, 2026

Reported Aug 6

Revenue: $391.1M; +21.1% YoY
EPS: $0.53; vs $0.43
Op. margin: 31.8%; +0.9 pts
Free cash flow: -$100.7M
Share count: +7.5%; vs a year ago

Insider rating

Last 90 days

47Mixed

Pre-planned sales of $197K (weaker signal)

50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.

Weekly insider trend

13 weeks agoBoughtSoldThis week

Filing buzz

Last 7 days vs normal

0/ 100

This week: 0
Normal week: 1.9
vs normal: 0.0x

SEC filings of any kind. 50 means a normal week.

Institutional ownership

Accumulating+17.0%

Institutions added 17.0% to their holdings. 278 bought, 115 sold.

Shares held by institutions104.9M

Sep '24Jun '26

Safety check

From SEC filings

Share count growthYearly rate, last 3 years

+9.4%

Cash runwayAt last year's cash burn

Cash flow positive

Debt to equityLatest balance sheet: debt compared with what owners have

1.3x · $2.7B debt

Shares outstandingLatest reported

101M

Why moderate risk

Share count growing 9.4% a year
2 offering filings in 6 months (may sell new shares)

Earnings reports

Last 12

Next reportIn 7 days (est.)Estimated from the same quarter last year

Results filedAug 6
Results filedMay 11
Results filedMar 11
Results filedFeb 25
Results filedNov 4, 2025

Flags and big holders

Offerings 6 months, flags 12 months, holders 90 days

5%+ holder update (passive)Aug 13 · View filing ↗Big holder 5%+ holder update (passive)Aug 6 · View filing ↗Big holder Offering prospectusMay 15 · View filing ↗Offering Offering prospectusMay 13 · View filing ↗Offering

Insider trades

Open-market buys and sells, last 90 days

Bought$00 insiders

Sold$197K2 insiders, 2 pre-planned

Insider	Trade	Shares	Avg price	Value	Owns after	Date
William Chad LenamonExecutive Vice President & COO	Sell	1K	$53.25	$53K	84K	Oct 12Filing ↗
-1.2% of their holdings Pre-planned sale (10b5-1) Filed 1 day after
Robert Michael MckeePresident & CEO	Sell	3K	$53.95	$144K	290K	Oct 5Filing ↗
-0.9% of their holdings Pre-planned sale (10b5-1) Also Director Filed 1 day after