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Side-by-side financial comparison of Kodiak Gas Services, Inc. (KGS) and MATTHEWS INTERNATIONAL CORP (MATW). Click either name above to swap in a different company.

Kodiak Gas Services, Inc. is the larger business by last-quarter revenue ($332.9M vs $284.8M, roughly 1.2× MATTHEWS INTERNATIONAL CORP). MATTHEWS INTERNATIONAL CORP runs the higher net margin — 15.3% vs 7.4%, a 7.9% gap on every dollar of revenue. On growth, Kodiak Gas Services, Inc. posted the faster year-over-year revenue change (7.5% vs -29.1%). Kodiak Gas Services, Inc. produced more free cash flow last quarter ($142.0M vs $-57.2M).

Kodiak Gas Services, Inc. is a leading natural gas compression services provider operating primarily across North America. It serves upstream and midstream energy sector clients, offering custom compression equipment, regular maintenance, and operational support to optimize natural gas gathering, processing, and transportation workflows for onshore oil and gas production operations.

Matthews Aurora Funeral Solutions is one of the largest manufacturers of caskets and funerary urns in the United States, selling over 38% of the country's caskets as of 2005. The Aurora, Indiana–based company is a subsidiary of Pittsburgh-based Matthews International. The company makes both wooden and metal caskets and urns for holding cremated remains. It also provides supplies and consulting services for funeral homes.

KGS vs MATW — Head-to-Head

Bigger by revenue
KGS
KGS
1.2× larger
KGS
$332.9M
$284.8M
MATW
Growing faster (revenue YoY)
KGS
KGS
+36.7% gap
KGS
7.5%
-29.1%
MATW
Higher net margin
MATW
MATW
7.9% more per $
MATW
15.3%
7.4%
KGS
More free cash flow
KGS
KGS
$199.3M more FCF
KGS
$142.0M
$-57.2M
MATW

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
KGS
KGS
MATW
MATW
Revenue
$332.9M
$284.8M
Net Profit
$24.6M
$43.6M
Gross Margin
35.0%
Operating Margin
26.1%
34.2%
Net Margin
7.4%
15.3%
Revenue YoY
7.5%
-29.1%
Net Profit YoY
29.0%
1356.6%
EPS (diluted)
$0.30
$1.39

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
KGS
KGS
MATW
MATW
Q4 25
$332.9M
$284.8M
Q3 25
$322.7M
Q2 25
$322.8M
Q1 25
$329.6M
Q4 24
$309.5M
Q3 24
$324.6M
Q2 24
$309.7M
Q1 24
$215.5M
Net Profit
KGS
KGS
MATW
MATW
Q4 25
$24.6M
$43.6M
Q3 25
$-14.0M
Q2 25
$39.5M
Q1 25
$30.4M
Q4 24
$19.1M
Q3 24
$-5.6M
Q2 24
$6.2M
Q1 24
$30.2M
Gross Margin
KGS
KGS
MATW
MATW
Q4 25
35.0%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
37.5%
Q2 24
36.5%
Q1 24
39.4%
Operating Margin
KGS
KGS
MATW
MATW
Q4 25
26.1%
34.2%
Q3 25
19.9%
Q2 25
30.9%
Q1 25
27.1%
Q4 24
22.3%
Q3 24
20.4%
Q2 24
17.5%
Q1 24
27.9%
Net Margin
KGS
KGS
MATW
MATW
Q4 25
7.4%
15.3%
Q3 25
-4.3%
Q2 25
12.2%
Q1 25
9.2%
Q4 24
6.2%
Q3 24
-1.7%
Q2 24
2.0%
Q1 24
14.0%
EPS (diluted)
KGS
KGS
MATW
MATW
Q4 25
$0.30
$1.39
Q3 25
$-0.17
Q2 25
$0.43
Q1 25
$0.33
Q4 24
$0.18
Q3 24
$-0.07
Q2 24
$0.06
Q1 24
$0.39

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
KGS
KGS
MATW
MATW
Cash + ST InvestmentsLiquidity on hand
$3.2M
$31.4M
Total DebtLower is stronger
$2.6B
$529.8M
Stockholders' EquityBook value
$1.2B
$543.2M
Total Assets
$4.3B
$1.6B
Debt / EquityLower = less leverage
2.12×
0.98×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KGS
KGS
MATW
MATW
Q4 25
$3.2M
$31.4M
Q3 25
$724.0K
Q2 25
$5.4M
Q1 25
$1.9M
Q4 24
$4.8M
Q3 24
$7.4M
Q2 24
$3.9M
Q1 24
$9.3M
Total Debt
KGS
KGS
MATW
MATW
Q4 25
$2.6B
$529.8M
Q3 25
$2.6B
Q2 25
$2.5B
Q1 25
$2.6B
Q4 24
$2.6B
Q3 24
$2.6B
Q2 24
$2.5B
Q1 24
Stockholders' Equity
KGS
KGS
MATW
MATW
Q4 25
$1.2B
$543.2M
Q3 25
$1.3B
Q2 25
$1.3B
Q1 25
$1.4B
Q4 24
$1.4B
Q3 24
$1.4B
Q2 24
$1.5B
Q1 24
$1.1B
Total Assets
KGS
KGS
MATW
MATW
Q4 25
$4.3B
$1.6B
Q3 25
$4.4B
Q2 25
$4.4B
Q1 25
$4.4B
Q4 24
$4.4B
Q3 24
$4.5B
Q2 24
$4.4B
Q1 24
$3.3B
Debt / Equity
KGS
KGS
MATW
MATW
Q4 25
2.12×
0.98×
Q3 25
2.08×
Q2 25
1.89×
Q1 25
1.91×
Q4 24
1.88×
Q3 24
1.86×
Q2 24
1.71×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
KGS
KGS
MATW
MATW
Operating Cash FlowLast quarter
$194.9M
$-52.0M
Free Cash FlowOCF − Capex
$142.0M
$-57.2M
FCF MarginFCF / Revenue
42.7%
-20.1%
Capex IntensityCapex / Revenue
15.9%
1.8%
Cash ConversionOCF / Net Profit
7.91×
-1.19×
TTM Free Cash FlowTrailing 4 quarters
$284.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KGS
KGS
MATW
MATW
Q4 25
$194.9M
$-52.0M
Q3 25
$113.4M
Q2 25
$177.2M
Q1 25
$114.3M
Q4 24
$118.5M
Q3 24
$36.9M
Q2 24
$121.1M
Q1 24
$51.5M
Free Cash Flow
KGS
KGS
MATW
MATW
Q4 25
$142.0M
$-57.2M
Q3 25
$10.9M
Q2 25
$94.6M
Q1 25
$36.8M
Q4 24
$45.2M
Q3 24
$-49.7M
Q2 24
$4.0M
Q1 24
$-8.6M
FCF Margin
KGS
KGS
MATW
MATW
Q4 25
42.7%
-20.1%
Q3 25
3.4%
Q2 25
29.3%
Q1 25
11.2%
Q4 24
14.6%
Q3 24
-15.3%
Q2 24
1.3%
Q1 24
-4.0%
Capex Intensity
KGS
KGS
MATW
MATW
Q4 25
15.9%
1.8%
Q3 25
31.7%
Q2 25
25.6%
Q1 25
23.5%
Q4 24
23.7%
Q3 24
26.7%
Q2 24
37.8%
Q1 24
27.9%
Cash Conversion
KGS
KGS
MATW
MATW
Q4 25
7.91×
-1.19×
Q3 25
Q2 25
4.49×
Q1 25
3.76×
Q4 24
6.21×
Q3 24
Q2 24
19.44×
Q1 24
1.70×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

KGS
KGS

Other Services$126.8M38%
Other$112.2M34%
Transferred At Point In Time$93.8M28%

MATW
MATW

Segment breakdown not available.

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