Kodiak Gas Services, Inc. (KGS) vs Oceaneering International, Inc. (OII)

Kodiak Gas Services, Inc. and Oceaneering International, Inc. are both Oil & Gas Equipment & Services companies. Kodiak Gas Services, Inc. is the larger, with a market value of $3.9B against $3.4B — 1.2× the size. Oceaneering International, Inc. trades at the lower P/E: 10.4× against 46.4×. Kodiak Gas Services, Inc. grew revenue faster over the last twelve months: 8.23% against 2.99%. Oceaneering International, Inc. has the higher net margin (11.4% vs 5.74%) and the higher return on invested capital (19.3% vs 4.98%). Across the 21 metrics below, Oceaneering International, Inc. leads on 16 and Kodiak Gas Services, Inc. on 5.

Valuation

Metric KGS OII Oil & Gas Equipment & Services median
P/E 46.35 10.39 20.53
P/S 2.70 1.17 1.08
P/B 1.74 2.77 1.64
Price to free cash flow 149.41 11.76 12.36
EV/EBITDA 9.36 8.00 8.00
EV/Sales 4.59 1.13 1.29
Earnings yield 2.16% 9.63% 3.88%
Free cash flow yield 0.67% 8.50% 5.18%

Profitability

Metric KGS OII Oil & Gas Equipment & Services median
Gross margin 63.85% 19.94% 22.88%
Operating margin 27.44% 10.42% 7.44%
Net margin 5.74% 11.37% 4.12%
Free cash flow margin 1.81% 9.92% 3.10%
Return on equity 4.55% 30.96% 5.46%
Return on assets 1.62% 12.47% 2.63%
Return on invested capital 4.98% 19.29% 4.26%

Growth

Metric KGS OII Oil & Gas Equipment & Services median
Revenue growth (TTM) 8.23% 2.99% 4.65%
EPS growth (last fiscal year) 58.93% 142.36% (13.00%)
Revenue growth, 5-year CAGR 19.70% 8.78% 12.57%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric KGS OII Oil & Gas Equipment & Services median
Debt to equity 1.28 0.40 0.44
Current ratio 1.45 2.20 2.04
Net debt to EBITDA 4.03 (0.50) 1.12

Dividend

Metric KGS OII Oil & Gas Equipment & Services median
Dividend yield 3.73% — 1.49%
Payout ratio 1.75 — 0.36

Size

Metric KGS OII Oil & Gas Equipment & Services median
Market cap 3.94b 3.38b 1.44b

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