Kodiak Gas Services (KGS) Interest Expenses (2022 - 2024)
Kodiak Gas Services (KGS) reported Interest Expenses of $52.1 million for Q2 2024, down 29.22% on a YoY basis from $73.7 million in Q3 2023, and up 31.19% quarter-over-quarter from $39.7 million in Q1 2024.
Kodiak Gas Services (KGS) Interest Expenses (2022 - 2024) Analysis & Trends
Kodiak Gas Services has reported Interest Expenses for 3 years, with the latest figure at $52.1 million in Q2 2024.
- For the quarter ending Q2 2024, Interest Expenses fell 29.22% year-over-year to $52.1 million; the trailing twelve-month figure through Mar 2025 stood at $52.1 million (down 73.07% YoY), and the FY2023 full-year result was $222.5 million, up 34.15% from the prior year.
- Interest Expenses for Q2 2024 stood at $52.1 million, up from $39.7 million in the prior quarter.
- The five-year high for Interest Expenses was $73.7 million in Q2 2023, with the low at $36.8 million in Q2 2022.
- Historically, Interest Expenses has averaged $51.4 million across 3 years, with a median of $49.9 million in 2022.
- Annual changes were most pronounced in 2023 — Interest Expenses surged 100.0% — and 2024, when it sank 42.12%.
- Kodiak Gas Services' Interest Expenses stood at $61.3 million in 2022, then sank by 33.9% to $40.5 million in 2023, then gained by 28.77% to $52.1 million in 2024.
- The last three Interest Expenses figures came in at $52.1 million (Q2 2024), $39.7 million (Q1 2024), and $40.5 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 116.00 Mn |
| 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 | 17.10 Mn |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | - |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 22.00 Mn |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | - |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 39.51 Mn |
| 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 | 7.73 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 52.13 Mn |
| Jun 30, 2024 | 52.13 Mn |
| Mar 31, 2024 | 39.74 Mn |
| Mar 31, 2024 | 39.74 Mn |
| Dec 31, 2023 | 40.48 Mn |
| Dec 31, 2023 | 40.48 Mn |
| Sep 30, 2023 | 39.71 Mn |
| Sep 30, 2023 | 39.71 Mn |
| Jun 30, 2023 | 73.66 Mn |
| Jun 30, 2023 | 73.66 Mn |
| Mar 31, 2023 | 68.66 Mn |
| Mar 31, 2023 | 68.66 Mn |
| Dec 31, 2022 | 61.25 Mn |
| Dec 31, 2022 | 61.25 Mn |
| Sep 30, 2022 | 49.86 Mn |
| Sep 30, 2022 | 49.86 Mn |
| Jun 30, 2022 | 36.83 Mn |
| Jun 30, 2022 | 36.83 Mn |