Kodiak Gas Services (KGS) Debt to Equity (2022 - 2026)

Kodiak Gas Services (KGS) reported Debt to Equity of $2.37 for Q1 2026, up 24.25% on a YoY basis from $1.91 in Q1 2025, and up 12.08% quarter-over-quarter from $2.12 in Q4 2025.

Kodiak Gas Services (KGS) Debt to Equity (2022 - 2026) Analysis & Trends

Kodiak Gas Services has reported Debt to Equity for 5 years, with the latest figure at $2.37 in Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity rose 24.25% year-over-year to $2.37; the trailing twelve-month figure through Mar 2026 stood at $2.37 (up 24.25% YoY), and the FY2025 full-year result was $2.12, up 12.59% from the prior year.
  • Debt to Equity for Q1 2026 stood at $2.37, up from $2.12 in the prior quarter.
  • The five-year high for Debt to Equity was $14.36 in Q2 2023, with the low at $1.49 in Q3 2023.
  • Historically, Debt to Equity has averaged $3.59 across 5 years, with a median of $1.89 in 2025.
  • The largest YoY upside for Debt to Equity was 24.6% in 2024 against a maximum downside of 88.16% in 2024.
  • Kodiak Gas Services' Debt to Equity stood at $11.87 in 2022, then plunged by 86.8% to $1.57 in 2023, then increased by 19.89% to $1.88 in 2024, then gained by 12.59% to $2.12 in 2025, then grew by 12.08% to $2.37 in 2026.
  • The last three Debt to Equity figures came in at $2.37 (Q1 2026), $2.12 (Q4 2025), and $2.08 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 0.37
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 0.83
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 0.01
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 0.13
5 Enerflex 8.62 Bn 8.57 Bn - 0.53
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 0.27
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 0.84
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 1.57
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 2.37
10 Liberty Energy 4.61 Bn 3.91 Bn 177.37 Mn 0.66

Historic Data

Download Data
DateValue
Mar 31, 2026 2.37
Dec 31, 2025 2.12
Sep 30, 2025 2.08
Jun 30, 2025 1.89
Mar 31, 2025 1.91
Dec 31, 2024 1.88
Sep 30, 2024 1.86
Jun 30, 2024 1.70
Mar 31, 2024 1.60
Dec 31, 2023 1.57
Sep 30, 2023 1.49
Jun 30, 2023 14.36
Dec 31, 2022 11.87