KGS - NYSE
Kodiak Gas Services, Inc.
$67.35
-1.7%Kodiak Gas Services, Inc. operates contract compression infrastructure for customers in the oil and gas industry in the United States. It operates in two segments, Compression Operations and Other Services. The Compression Operations segment operates company-owned and customer-owned compression infrastructure to enable the production, gathering, and transportation of natural gas and oil. The Other Services segment provides a range of contract services, including station construction, maintenance and overhaul, and other ancillary time and material-based offerings. The company was formerly known as Frontier TopCo, Inc. Kodiak Gas Services, Inc. was founded in 2010 and is based in Montgomery, Texas. Kodiak Gas Services, Inc. operates as a subsidiary of Frontier Topco Partnership, L.P.
At a Glance
Live SnapshotKodiak Gas Services, Inc. Cash Conversion Engine
Cash Flow Quality Analysis
FCF Conversion Rate
Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.
CapEx Intensity
Capital-intensive operations require significant reinvestment. Monitor whether CapEx is maintenance or growth-oriented.
FCF Growth Trend
Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.
Working Capital Impact
Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.
Cash Flow Quality Insight
Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.
Kodiak Gas Services, Inc. Cash Flow Statement
KGS • NYSE
| Kodiak Gas Services, Inc. Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||
81.6M | 50.3M | 20.1M | 106.3M | 181M | -2.2M | |
276.2M | 260.3M | 182.9M | 174.5M | 167M | 145.6M | |
25.7M | 15.4M | 7.9M | 27.3M | 0.0 | 5.5M | |
24.5M | 17.7M | 5.9M | 971K | 1.2M | 0.0 | |
104.7M | 62.7M | 72.1M | -71.1M | -92.8M | 62.5M | |
(0.0) | (14.7M) | (9.8M) | (2.2M) | (1.9M) | (0.0) | |
87M | -78.4M | -22.5M | -18M | -6.4M | 32.5M | |
599.7M | 328M | 266.3M | 219.8M | 250M | 244M | |
INVESTING ACTIVITIES | ||||||
-315.5M | -337M | -219.8M | -259.3M | -201.9M | -297.4M | |
(0.0) | (9.5M) | (1.4M) | (8.1M) | (0.0) | (1M) | |
(0.0) | (0.0) | (0.0) | -102K | (0.0) | (0.0) | |
0.0 | 0.0 | 0.0 | -8.1M | 0.0 | 0.0 | |
30.2M | 35M | -75K | 8.1M | -100K | -28K | |
-285.3M | -292.5M | -218.4M | -251.4M | -202M | -296.4M | |
FINANCING ACTIVITIES | ||||||
-104M | -42.8M | 277.8M | 0.0 | 0.0 | 0.0 | |
-47.2M | 142.5M | -256.6M | 889M | -65.2M | 73.7M | |
-159.6M | -133.9M | -72.1M | -838M | -1.1M | (0.0) | |
-104M | -42.8M | (0.0) | (0.0) | (0.0) | (0.0) | |
-5.3M | -2.2M | -11.9M | -27.8M | 23.1M | 0.0 | |
-316M | -36.3M | -62.8M | 23.2M | -43.3M | 73.7M | |
CASH FLOW SUMMARY | ||||||
-1.6M | -812K | -14.9M | -8.4M | 4.7M | 21.3M | |
4.8M | 5.6M | 20.4M | 28.8M | 24.1M | 2.8M | |
3.2M | 4.8M | 5.6M | 20.4M | 28.8M | 24.1M | |
284.3M | -9M | 46.5M | -39.5M | 48M | -53.4M |
SEC Filings
KGS - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 15, 2026 | May 13, 2026 | 2026 | |
8-K/A 8-K/A 2026 (Amended) N/A | May 13, 2026 | April 01, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 11, 2026 | May 11, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 11, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 08, 2026 | May 07, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 07, 2026 | May 07, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 02, 2026 | April 01, 2026 | 2026 | |
DEF 14A DEF 14A 2025 N/A | March 27, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | March 24, 2026 | March 23, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 12, 2026 | March 11, 2026 | 2026 |
Related Guides
Continue your KGS research with focused valuation guides.
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.