Kodiak Gas Services, Inc. — Earnings Quality Grade F
KGS · Energy
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 55 days, change -25 days YoY
AR growth -22.1% vs revenue growth 12.8%
Revenue 12.8%, CFFO 82.9%. Cash follows revenue
Expense Quality
Inventory -1.8% vs COGS 5.2%. Normal
CapEx growth -6.4% vs revenue 12.8%. Normal
SG&A/Gross Profit = 26.1%, excellent (<30%)
Gross margin 42.2%, change +4.2pp. Stable
Cash Flow Quality
CFFO/NI = 7.45. Profits backed by cash
FCF $0.3B, FCF/NI = 3.53
Accruals ratio = -12.0%. Low accruals
Cash $0.0B covers only 0% of debt $2.6B
Balance Sheet Health
Goodwill+Intangibles $0.6B = 47% of equity
Debt/EBITDA = 4.4x (>4x). Financial stress
Other assets -46.9% vs revenue 12.8%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change -3% YoY. Normal
Manipulation Score
M-Score = -3.27 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25