Kodiak Gas Services, Inc. (KGS)
Total asset turnover
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 1,286,651 | 1,273,461 | 1,159,311 | 1,075,772 | 982,108 | 875,761 | 850,381 | 804,177 | 755,839 | 729,684 | 707,913 |
| Total assets | US$ in thousands | 4,375,930 | 4,436,120 | 4,435,120 | 4,492,010 | 4,439,280 | 3,316,430 | 3,721,840 | 3,244,240 | 3,261,360 | 3,213,750 | 3,205,540 |
| Total asset turnover | 0.29 | 0.29 | 0.26 | 0.24 | 0.22 | 0.26 | 0.23 | 0.25 | 0.23 | 0.23 | 0.22 |
June 30, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $1,286,651K ÷ $4,375,930K
= 0.29
The total asset turnover for Kodiak Gas Services, Inc. exhibits a generally upward trending pattern over the analyzed periods. Starting at 0.22 as of December 31, 2022, the ratio demonstrates gradual increases, reaching 0.29 in both March and June of 2025. Fluctuations observed within the timeframe include minor decreases, such as from 0.23 to 0.22 between March 31 and June 30 of 2024, and similarly from 0.25 to 0.23 between September 30 and December 31, 2023. Overall, the ratio's progression from 0.22 to approximately 0.29 indicates improved utilization of assets in generating sales over time. This trend suggests increased operational efficiency or growth in sales relative to assets employed. The ratios remain within a modest range, reflecting a relatively stable asset turnover with periodic fluctuations, possibly due to seasonal or operational variations.
Peer comparison
Jun 30, 2025