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Kodiak Gas Services Valuation Multiples
Discover revenue and EBITDA valuation multiples for Kodiak Gas Services and similar public comparables like ADES Holding, ONE Gas, Strathcona Resources, California Resources and more.
Kodiak Gas Services Overview
About Kodiak Gas Services
Kodiak Gas Services Inc is an operator of contract compression infrastructure in the United States. It manages business through two operating segments namely Contract Services and Other Services. Contract Services consists of operating Company-owned and customer-owned compression, and gas treating and cooling infrastructure, pursuant to fixed-revenue contracts to enable the production and gathering of natural gas and oil. Other Services consist of a full range of contract services to support the ancillary needs of customers, including station construction, maintenance and overhaul, freight and crane charges, and other time and material-based offerings.
Founded
2011
HQ

Employees
1.3K
Website
Sectors
Financials (LTM)
EV
$8B
Kodiak Gas Services Financials
Kodiak Gas Services reported last 12-month revenue of $1B and EBITDA of $746M.
In the same LTM period, Kodiak Gas Services generated $867M in gross profit, $746M in EBITDA, and $122M in net income.
Revenue (LTM)
Kodiak Gas Services P&L
In the most recent fiscal year, Kodiak Gas Services reported revenue of $1B and EBITDA of $715M.
Kodiak Gas Services expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $1B | XXX | $1B | XXX | XXX | XXX |
| Gross Profit | $867M | XXX | $552M | XXX | XXX | XXX |
| Gross Margin | 64% | XXX | 42% | XXX | XXX | XXX |
| EBITDA | $746M | XXX | $715M | XXX | XXX | XXX |
| EBITDA Margin | 55% | XXX | 55% | XXX | XXX | XXX |
| EBIT Margin | 29% | XXX | 31% | XXX | XXX | XXX |
| Net Profit | $122M | XXX | $81M | XXX | XXX | XXX |
| Net Margin | 9% | XXX | 6% | XXX | XXX | XXX |
| Net Debt | — | — | $3B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Kodiak Gas Services Stock Performance
Kodiak Gas Services has current market cap of $6B, and enterprise value of $8B.
Market Cap Evolution
Kodiak Gas Services' stock price is $63.25.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $8B | $6B | 0.0% | XXX | XXX | XXX | $0.91 |
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Start Free TrialKodiak Gas Services Valuation Multiples
Kodiak Gas Services trades at 6.0x EV/Revenue multiple, and 11.0x EV/EBITDA.
EV / Revenue (LTM)
Kodiak Gas Services Financial Valuation Multiples
As of April 20, 2026, Kodiak Gas Services has market cap of $6B and EV of $8B.
Equity research analysts estimate Kodiak Gas Services' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Kodiak Gas Services has a P/E ratio of 45.7x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $6B | XXX | $6B | XXX | XXX | XXX |
| EV (current) | $8B | XXX | $8B | XXX | XXX | XXX |
| EV/Revenue | 6.0x | XXX | 6.3x | XXX | XXX | XXX |
| EV/EBITDA | 11.0x | XXX | 11.5x | XXX | XXX | XXX |
| EV/EBIT | 20.9x | XXX | 20.1x | XXX | XXX | XXX |
| EV/Gross Profit | 9.4x | XXX | 14.8x | XXX | XXX | XXX |
| P/E | 45.7x | XXX | 69.4x | XXX | XXX | XXX |
| EV/FCF | 31.3x | XXX | 28.8x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Kodiak Gas Services Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Kodiak Gas Services Margins & Growth Rates
Kodiak Gas Services' revenue in the last 12 month grew by 11%.
Kodiak Gas Services' revenue per employee in the last FY averaged $1.0M, while opex per employee averaged $0.1M for the same period.
Kodiak Gas Services' rule of 40 is 68% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Kodiak Gas Services' rule of X is 87% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Kodiak Gas Services Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 11% | XXX | 13% | XXX | XXX | XXX |
| EBITDA Margin | 55% | XXX | 55% | XXX | XXX | XXX |
| EBITDA Growth | 13% | XXX | 14% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 68% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 87% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $1.0M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 11% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Kodiak Gas Services Public Comps
See public comps and valuation multiples for other Energy Services and Oil & Gas comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Kodiak Gas Services | XXX | XXX | XXX | XXX | XXX | XXX |
| ADES Holding | XXX | XXX | XXX | XXX | XXX | XXX |
| ONE Gas | XXX | XXX | XXX | XXX | XXX | XXX |
| Strathcona Resources | XXX | XXX | XXX | XXX | XXX | XXX |
| California Resources | XXX | XXX | XXX | XXX | XXX | XXX |
| New Jersey Resources | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Kodiak Gas Services M&A Activity
Kodiak Gas Services acquired XXX companies to date.
Last acquisition by Kodiak Gas Services was on XXXXXXXX, XXXXX. Kodiak Gas Services acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Kodiak Gas Services
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialKodiak Gas Services Investment Activity
Kodiak Gas Services invested in XXX companies to date.
Kodiak Gas Services made its latest investment on XXXXXXXX, XXXXX. Kodiak Gas Services invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Kodiak Gas Services
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Kodiak Gas Services
| When was Kodiak Gas Services founded? | Kodiak Gas Services was founded in 2011. |
| Where is Kodiak Gas Services headquartered? | Kodiak Gas Services is headquartered in United States. |
| How many employees does Kodiak Gas Services have? | As of today, Kodiak Gas Services has over 1K employees. |
| Who is the CEO of Kodiak Gas Services? | Kodiak Gas Services' CEO is Robert M. McKee. |
| Is Kodiak Gas Services publicly listed? | Yes, Kodiak Gas Services is a public company listed on NYSE. |
| What is the stock symbol of Kodiak Gas Services? | Kodiak Gas Services trades under KGS ticker. |
| When did Kodiak Gas Services go public? | Kodiak Gas Services went public in 2023. |
| Who are competitors of Kodiak Gas Services? | Kodiak Gas Services main competitors are ADES Holding, ONE Gas, Strathcona Resources, California Resources. |
| What is the current market cap of Kodiak Gas Services? | Kodiak Gas Services' current market cap is $6B. |
| What is the current revenue of Kodiak Gas Services? | Kodiak Gas Services' last 12 months revenue is $1B. |
| What is the current revenue growth of Kodiak Gas Services? | Kodiak Gas Services revenue growth (NTM/LTM) is 11%. |
| What is the current EV/Revenue multiple of Kodiak Gas Services? | Current revenue multiple of Kodiak Gas Services is 6.0x. |
| Is Kodiak Gas Services profitable? | Yes, Kodiak Gas Services is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Kodiak Gas Services? | Kodiak Gas Services' last 12 months EBITDA is $746M. |
| What is Kodiak Gas Services' EBITDA margin? | Kodiak Gas Services' last 12 months EBITDA margin is 55%. |
| What is the current EV/EBITDA multiple of Kodiak Gas Services? | Current EBITDA multiple of Kodiak Gas Services is 11.0x. |
| What is the current FCF of Kodiak Gas Services? | Kodiak Gas Services' last 12 months FCF is $262M. |
| What is Kodiak Gas Services' FCF margin? | Kodiak Gas Services' last 12 months FCF margin is 19%. |
| What is the current EV/FCF multiple of Kodiak Gas Services? | Current FCF multiple of Kodiak Gas Services is 31.3x. |
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