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 $5.3B against $4.7B — 1.1× the size. Oceaneering International, Inc. trades at the lower P/E: 13.3× against 62.3×. 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 62.32 13.29 24.78
P/S 3.63 1.61 1.28
P/B 2.34 3.95 1.85
Price to free cash flow 200.87 19.86 15.03
EV/EBITDA 11.26 11.37 8.93
EV/Sales 5.52 1.60 1.40
Earnings yield 1.60% 7.52% 3.12%
Free cash flow yield 0.50% 5.03% 5.01%

Profitability

Metric KGS OII Oil & Gas Equipment & Services median
Gross margin 63.85% 19.82% 23.27%
Operating margin 27.44% 10.37% 9.34%
Net margin 5.63% 12.19% 4.69%
Free cash flow margin 1.81% 8.08% 5.05%
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% —
Revenue growth, 5-year CAGR 19.70% 8.78% 10.60%
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 2.11
Net debt to EBITDA 4.03 (0.50) 0.76

Dividend

Metric KGS OII Oil & Gas Equipment & Services median
Dividend yield 1.58% — 2.12%
Payout ratio — 0.00 0.00

Size

Metric KGS OII Oil & Gas Equipment & Services median
Market cap 5.34b 4.66b 1.81b

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