Kodiak Gas Services (KGS) Interest Coverage Ratio (2022 - 2024)

Kodiak Gas Services (KGS) reported Interest Coverage Ratio of 1.04 for Q2 2024, up 23.32% on a YoY basis from 0.84 in Q3 2023, and down 31.36% quarter-over-quarter from 1.51 in Q1 2024.

Kodiak Gas Services (KGS) Interest Coverage Ratio (2022 - 2024) Analysis & Trends

Kodiak Gas Services has reported Interest Coverage Ratio for 3 years, with the latest figure at 1.04 in Q2 2024.

  • For the quarter ending Q2 2024, Interest Coverage Ratio rose 23.32% year-over-year to 1.04; the trailing twelve-month figure through Mar 2025 stood at 5.34 (up 323.97% YoY), and the FY2023 full-year result was 1.1, down 18.07% from the prior year.
  • Interest Coverage Ratio for Q2 2024 stood at 1.04, down from 1.51 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 1.54 in Q3 2023, with the low at 0.84 in Q2 2023.
  • Historically, Interest Coverage Ratio has averaged 1.2 across 3 years, with a median of 1.17 in 2022.
  • Annual changes were most pronounced in 2023 — Interest Coverage Ratio tumbled 40.22% — and 2024, when it jumped 72.21%.
  • Kodiak Gas Services' Interest Coverage Ratio stood at 0.94 in 2022, then jumped by 59.58% to 1.5 in 2023, then plunged by 30.74% to 1.04 in 2024.
  • The last three Interest Coverage Ratio figures came in at 1.04 (Q2 2024), 1.51 (Q1 2024), and 1.5 (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 38.03
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn -
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn -
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 21.16
5 Enerflex 8.62 Bn 8.57 Bn - -
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 2.14
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn -
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 5.10
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn -
10 Liberty Energy 4.61 Bn 3.91 Bn 177.37 Mn 2.88

Historic Data

Download Data
DateValue
Jun 30, 2024 1.04
Mar 31, 2024 1.51
Dec 31, 2023 1.50
Sep 30, 2023 1.54
Jun 30, 2023 0.84
Mar 31, 2023 0.88
Dec 31, 2022 0.94
Sep 30, 2022 1.17
Jun 30, 2022 1.41