Kodiak Gas ServicesKGS -3.63%47 3-Year ROIIC % is 11.79 as of Dec. 2025, which is 109% above its 10-year median of 5.64. GuruFocus rates KGS with a GF Score™ of 47/100 and a GF Value™ of $37.33 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 927 Oil & Gas companies, Kodiak Gas Services ranks better than 69.69% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Kodiak Gas Services's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 11.79%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Kodiak Gas Services's 3-Year ROIIC % or its related term are showing as below:
KGS's 3-Year ROIIC % is ranked better than 69.69% of 927
companies
in the Oil & Gas industry
Industry Median: -0.02
vs KGS: 11.79
Kodiak Gas Services (NYSE:KGS) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Kodiak Gas Services 3-Year ROIIC % Related Terms
Kodiak Gas Services 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Kodiak Gas Services's 3-Year ROIIC % 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 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Kodiak Gas Services's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Kodiak Gas Services's 3-Year ROIIC % 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Kodiak Gas Services (KGS) has a 3-Year ROIIC % of 11.79 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Kodiak Gas Services and its competitors. This is 109% above median its historical median of 5.64. According to the industry distribution chart, Kodiak Gas Services ranks #281 out of 927 companies in the Oil & Gas industry, placing it in the top 30.3%.
Is Kodiak Gas Services' 3-Year ROIIC % too high?
Kodiak Gas Services' current 3-Year ROIIC % of 11.79 is 109% above median its 10-year median of 5.64. Based on the distribution chart, Kodiak Gas Services ranks #281 out of 927 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Kodiak Gas Services has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kodiak Gas Services' 3-Year ROIIC % compare to AROC and NOV?
According to the Oil & Gas industry distribution chart, Kodiak Gas Services ranks #281 out of 927 companies for 3-Year ROIIC %. This puts Kodiak Gas Services in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for an Oil & Gas company?
A good 3-Year ROIIC % depends on the Oil & Gas industry context. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Kodiak Gas Services and its competitors. Kodiak Gas Services's current 3-Year ROIIC % is 11.79, which is 109% above median its own 10-year median of 5.64. 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 $37.33, compared to a current price of $72.40 — trading 93.9% above its estimated fair value. The current 3-Year ROIIC % is 11.79, which is 109% above median its 10-year median of 5.64. Kodiak Gas Services' overall GF Score™ is 47/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Kodiak Gas Services (KGS), the current 3-Year ROIIC % is 11.79 as of Dec. 2025. 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 $72.40 is trading 93.9% above its estimated GF Value™ of $37.33.
GuruFocus considers Kodiak Gas Services to be Significantly Overvalued.
Key valuation signals for KGS:
3-Year ROIIC %: 11.79 (109% above median its 10-year median of 5.64)
GF Value™: $37.33 vs. price of $72.40 (93.9% above fair value)
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.
47GF Score
Get the complete analysis for KGS
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
KGS has been successfully added to your 
