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 $4.8B against $4.3B — 1.1× the size. Oceaneering International, Inc. trades at the lower P/E: 12.6× against 55.5×. Kodiak Gas Services, Inc. grew revenue faster over the last twelve months: 8.23% against 3.84%. Oceaneering International, Inc. has the higher net margin (12.2% vs 5.63%) and the higher return on invested capital (18.1% vs 4.98%). Across the 21 metrics below, Oceaneering International, Inc. leads on 15 and Kodiak Gas Services, Inc. on 6.

Valuation

Metric KGS OII Oil & Gas Equipment & Services median
P/E 55.54 12.58 22.50
P/S 3.24 1.52 1.17
P/B 2.08 3.73 1.82
Price to free cash flow 179.02 18.80 13.72
EV/EBITDA 10.46 10.76 8.68
EV/Sales 5.12 1.52 1.34
Earnings yield 1.80% 7.95% 3.94%
Free cash flow yield 0.56% 5.32% 5.66%

Profitability

Metric KGS OII Oil & Gas Equipment & Services median
Gross margin 63.85% 19.82% 23.26%
Operating margin 27.44% 10.37% 9.34%
Net margin 5.63% 12.19% 4.69%
Free cash flow margin 1.81% 8.08% 5.35%
Return on equity 4.46% 34.71% 4.92%
Return on assets 1.59% 13.96% 2.37%
Return on invested capital 4.98% 18.09% 4.32%

Growth

Metric KGS OII Oil & Gas Equipment & Services median
Revenue growth (TTM) 8.23% 3.84% 6.08%
EPS growth (last fiscal year) 58.93% 142.36% (13.00%)
Revenue growth, 5-year CAGR 19.70% 8.78% 14.44%
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 0.42 0.46
Current ratio 1.45 2.18 2.07
Net debt to EBITDA 4.03 (0.50) 0.75

Dividend

Metric KGS OII Oil & Gas Equipment & Services median
Dividend yield 4.15% — 1.51%
Payout ratio 2.33 — 0.38

Size

Metric KGS OII Oil & Gas Equipment & Services median
Market cap 4.83b 4.28b 1.63b

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