Kodiak Gas Services (KGS) Return on Invested Capital [ROIC] (2023 - 2026)
Kodiak Gas Services (KGS) recorded Return on Invested Capital [ROIC] of 6.19% in Q2 2026, up 0.46 percentage points from 5.73% a year earlier but down 0.65 percentage points from the prior quarter.
Kodiak Gas Services (KGS) Return on Invested Capital [ROIC] (2023 - 2026) Analysis & Trends
For FY2025, Kodiak Gas Services reported Return on Invested Capital [ROIC] of 6.33%, up 1.53 percentage points from FY2024.
- Across earlier years, Return on Invested Capital [ROIC] came in at 4.80% in FY2024 (+0.06 pp) and 4.74% in FY2023.
- Quarterly Return on Invested Capital [ROIC] has ranged from 3.70% in Q3 2024 to 6.85% in Q1 2026 over the past five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased for five consecutive quarters, with an average year-over-year change of +0.53 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 2.25 percentage points in Q4 2025, against a drop of 2.32 percentage points in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 6.85% (Q1 2026), 6.41% (Q4 2025) and 5.79% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.34 Bn | 69.45 Bn | 1.40 Bn | 9.52% |
| 2 | Baker Hughes | 55.59 Bn | 18.87 Bn | 1.58 Bn | 8.85% |
| 3 | TechnipFMC | 27.02 Bn | 23.17 Bn | 684.70 Mn | -134.40% |
| 4 | Halliburton | 26.54 Bn | 18.29 Bn | 804.00 Mn | 17.98% |
| 5 | Nov | 6.72 Bn | 1.51 Bn | 521.00 Mn | 1.65% |
| 6 | Noble | 6.50 Bn | 4.43 Bn | 239.27 Mn | 4.10% |
| 7 | Transocean | 5.76 Bn | 3.47 Bn | 358.00 Mn | -7.40% |
| 8 | Weatherford International | 5.72 Bn | 1.66 Bn | 333.00 Mn | 15.72% |
| 9 | Kodiak Gas Services | 5.48 Bn | 5.25 Bn | 246.76 Mn | 6.19% |
| 10 | Valaris | 5.43 Bn | 3.05 Bn | 123.70 Mn | 5.63% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.19% |
| Mar 31, 2026 | 6.85% |
| Dec 31, 2025 | 6.41% |
| Sep 30, 2025 | 5.79% |
| Jun 30, 2025 | 5.73% |
| Mar 31, 2025 | 4.66% |
| Dec 31, 2024 | 4.16% |
| Sep 30, 2024 | 3.70% |
| Jun 30, 2024 | 4.58% |
| Mar 31, 2024 | 5.65% |
| Dec 31, 2023 | 4.76% |
| Sep 30, 2023 | 6.02% |
Kodiak Gas Services Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=KGS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "KGS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=KGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();