Kodiak Gas Services, Inc. (KGS) vs USA Compression Partners, LP (USAC)

Kodiak Gas Services, Inc. and USA Compression Partners, LP are both Oil & Gas Equipment & Services companies. Kodiak Gas Services, Inc. is the larger, with a market value of $3.9B against $3.5B — 1.1× the size. USA Compression Partners, LP trades at the lower P/E: 21.5× against 46.4×. USA Compression Partners, LP grew revenue faster over the last twelve months: 29.4% against 8.23%. USA Compression Partners, LP has the higher net margin (12.4% vs 5.74%) and the higher return on invested capital (7.11% vs 4.98%). Both pay a dividend; USA Compression Partners, LP yields more (6.50% vs 3.73%). Across the 22 metrics below, USA Compression Partners, LP leads on 14 and Kodiak Gas Services, Inc. on 8.

Valuation

Metric KGS USAC Oil & Gas Equipment & Services median
P/E 46.35 21.45 20.53
P/S 2.70 2.74 1.08
P/B 1.74 13.59 1.64
Price to free cash flow 149.41 12.85 12.36
EV/EBITDA 9.36 9.55 8.00
EV/Sales 4.59 5.07 1.29
Earnings yield 2.16% 4.66% 3.88%
Free cash flow yield 0.67% 7.78% 5.18%

Profitability

Metric KGS USAC Oil & Gas Equipment & Services median
Gross margin 63.85% 64.04% 22.88%
Operating margin 27.44% 28.88% 7.44%
Net margin 5.74% 12.40% 4.12%
Free cash flow margin 1.81% 21.31% 3.10%
Return on equity 4.55% 293.85% 5.46%
Return on assets 1.62% 4.99% 2.63%
Return on invested capital 4.98% 7.11% 4.26%

Growth

Metric KGS USAC Oil & Gas Equipment & Services median
Revenue growth (TTM) 8.23% 29.41% 4.65%
EPS growth (last fiscal year) 58.93% 18.06% (13.00%)
Revenue growth, 5-year CAGR 19.70% 8.37% 12.57%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric KGS USAC Oil & Gas Equipment & Services median
Debt to equity 1.28 11.64 0.44
Current ratio 1.45 1.46 2.04
Net debt to EBITDA 4.03 4.14 1.12

Dividend

Metric KGS USAC Oil & Gas Equipment & Services median
Dividend yield 3.73% 6.50% 1.49%
Payout ratio 1.75 1.39 0.36

Size

Metric KGS USAC Oil & Gas Equipment & Services median
Market cap 3.94b 3.51b 1.44b

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