KGSKodiak Gas Services, Inc.

$60.50

Is it safe?

Can KGS take a bad year?

Kodiak Gas Services, Inc. carries $2.58B of net debt at 3.86× EBITDA: a load its earnings can carry.

$2.58B

Net debt · as at Q2 2026 · between two and four years of EBITDA, normal for a stable business

Net debt / EBITDA
3.86×

Net debt / EBITDA · 4.20× a year ago · the load is coming down

Altman Z-score
1.99

Altman Z-score · grey zone, between 1.8 and 3

Debt / equity
1.26×

Debt / equity

Details
Total debtQ2 2026
$2.72B
Cash and short-term investments
$138M
Net debt
$2.58B
EBITDA, trailing twelve months
$669M
Operating profit, trailing twelve months
$382M
Debt / equity
1.26×
Total debt / EBITDA
4.07×
Annualised volatilitytwo years of daily moves
43%
Worst drawdown on file
−39%
Below its 52-week high
−20%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.