Kodiak Gas ServicesKGS +0.98%43 Debt-to-EBITDA is 5.15 as of Mar. 2026, which is 4% above its 10-year median of 4.96. GuruFocus rates KGS with a GF Score™ of 43/100 and a GF Value™ of $37.64 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 704 Oil & Gas companies, Kodiak Gas Services ranks worse than 80.82% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Kodiak Gas Services's Debt-to-EBITDA or its related term are showing as below:
KGS'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.15 Med: 4.96 Max: 5.69
Current: 5.02
During the past 5 years, the highest Debt-to-EBITDA Ratio of Kodiak Gas Services was 5.69. The lowest was 4.15. And the median was 4.96.
KGS's Debt-to-EBITDA is ranked worse than 80.82% of 704
companies
in the Oil & Gas industry
Industry Median: 2.015
vs KGS: 5.02
Kodiak Gas Services (NYSE:KGS) Debt-to-EBITDA Explanation
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Kodiak Gas Services Debt-to-EBITDA Related Terms
Kodiak Gas Services Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Kodiak Gas Services's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas Equipment & Services subindustry, Kodiak Gas Services's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Kodiak Gas Services Debt-to-EBITDA vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Kodiak Gas Services's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Kodiak Gas Services's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Kodiak Gas Services (KGS) has a Debt-to-EBITDA of 5.15 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Kodiak Gas Services. This is near median its historical median of 4.96. Over the past decade, Kodiak Gas Services' Debt-to-EBITDA has ranged from 4.15 to 5.69. According to the industry distribution chart, Kodiak Gas Services ranks #569 out of 704 companies in the Oil & Gas industry, placing it in the top 80.8%.
Is Kodiak Gas Services' Debt-to-EBITDA too high?
Kodiak Gas Services' current Debt-to-EBITDA of 5.15 is near median its 10-year median of 4.96. Over the past 10 years, this metric has ranged from a low of 4.15 to a high of 5.69. The Oil & Gas industry median Debt-to-EBITDA is 2.02. Kodiak Gas Services' value of 5.15 is 155.6% above this industry median. Based on the distribution chart, Kodiak Gas Services ranks #569 out of 704 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Kodiak Gas Services has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kodiak Gas Services' Debt-to-EBITDA compare to AROC and NOV?
According to the Oil & Gas industry distribution chart, Kodiak Gas Services ranks #569 out of 704 companies for Debt-to-EBITDA. This places Kodiak Gas Services in the lower half of its industry. The industry median Debt-to-EBITDA is 2.02. Kodiak Gas Services' value of 5.15 is 155.6% above this benchmark. Historically, Kodiak Gas Services' own Debt-to-EBITDA has ranged from 4.15 to 5.69 over the past decade. While the company's 10-year median is 4.96 vs. the industry median of 2.02, Kodiak Gas Services has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 2.02, based on 704 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kodiak Gas Services's current Debt-to-EBITDA of 5.15 is 155.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Kodiak Gas Services. For the Oil & Gas industry, the median Debt-to-EBITDA is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kodiak Gas Services's current Debt-to-EBITDA is 5.15, which is near median its own 10-year median of 4.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kodiak Gas Services stock overvalued right now?
Based on GuruFocus' analysis, Kodiak Gas Services (KGS) is currently considered Significantly Overvalued. The stock's GF Value™ is $37.64, compared to a current price of $67.84 — trading 80.2% above its estimated fair value. The current Debt-to-EBITDA is 5.15, which is near median its 10-year median of 4.96 and 155.6% above the Oil & Gas industry median of 2.02. Kodiak Gas Services' overall GF Score™ is 43/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Kodiak Gas Services (KGS), the current Debt-to-EBITDA is 5.15 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Kodiak Gas Services (KGS) Overvalued in 2026?
Based on GuruFocus' analysis, Kodiak Gas Services stock appears to be overvalued.
The current stock price of $67.84 is trading 80.2% above its estimated GF Value™ of $37.64.
GuruFocus considers Kodiak Gas Services to be Significantly Overvalued.
Key valuation signals for KGS:
Debt-to-EBITDA: 5.15 (near median its 10-year median of 4.96)
GF Value™: $37.64 vs. price of $67.84 (80.2% above fair value)
Industry Position: 155.6% above the Oil & Gas median (#569 of 704)
No single metric tells the full story. See the KGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kodiak Gas Services Inc is an operator of contract compression infrastructure in the United States. The company manages its business through two operating segments: Contract Services and Other Services. Contract Services consists of operating company-owned and customer-owned compression, gas treating, and cooling infrastructure, pursuant to fixed-revenue contracts to enable the production and gathering of natural gas and oil. Other Services consist of a full range of contract services to support the ancillary needs of customers, including station construction, maintenance and overhaul, freight and crane charges, and other time and material-based offerings. Maximum revenue for the company is generated from its Contract Services segment.
43GF Score
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