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Side-by-side financial comparison of Kodiak Gas Services, Inc. (KGS) and Sun Country Airlines Holdings, Inc. (SNCY). 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 $281.0M, roughly 1.2× Sun Country Airlines Holdings, Inc.). Kodiak Gas Services, Inc. runs the higher net margin — 7.4% vs 2.9%, a 4.5% gap on every dollar of revenue. On growth, Sun Country Airlines Holdings, Inc. posted the faster year-over-year revenue change (7.9% vs 7.5%). Kodiak Gas Services, Inc. produced more free cash flow last quarter ($142.0M vs $34.9M). Over the past eight quarters, Kodiak Gas Services, Inc.'s revenue compounded faster (24.3% CAGR vs -5.0%).

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.

Frontier Airlines, Inc. is a major American ultra low-cost airline headquartered in Denver, Colorado. It operates flights to over 120 destinations in the United States, the Caribbean, Mexico and Central America, and employs more than 5,000 staff. The carrier is a publicly traded company and maintains bases at Denver International Airport, Orlando International Airport, and eleven other cities across the contiguous United States and Puerto Rico.

KGS vs SNCY — Head-to-Head

Bigger by revenue
KGS
KGS
1.2× larger
KGS
$332.9M
$281.0M
SNCY
Growing faster (revenue YoY)
SNCY
SNCY
+0.3% gap
SNCY
7.9%
7.5%
KGS
Higher net margin
KGS
KGS
4.5% more per $
KGS
7.4%
2.9%
SNCY
More free cash flow
KGS
KGS
$107.1M more FCF
KGS
$142.0M
$34.9M
SNCY
Faster 2-yr revenue CAGR
KGS
KGS
Annualised
KGS
24.3%
-5.0%
SNCY

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
KGS
KGS
SNCY
SNCY
Revenue
$332.9M
$281.0M
Net Profit
$24.6M
$8.1M
Gross Margin
Operating Margin
26.1%
6.5%
Net Margin
7.4%
2.9%
Revenue YoY
7.5%
7.9%
Net Profit YoY
29.0%
-39.4%
EPS (diluted)
$0.30
$0.15

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
SNCY
SNCY
Q4 25
$332.9M
$281.0M
Q3 25
$322.7M
$255.5M
Q2 25
$322.8M
$263.6M
Q1 25
$329.6M
$326.6M
Q4 24
$309.5M
$260.4M
Q3 24
$324.6M
$249.5M
Q2 24
$309.7M
$254.4M
Q1 24
$215.5M
$311.5M
Net Profit
KGS
KGS
SNCY
SNCY
Q4 25
$24.6M
$8.1M
Q3 25
$-14.0M
$1.6M
Q2 25
$39.5M
$6.6M
Q1 25
$30.4M
$36.5M
Q4 24
$19.1M
$13.4M
Q3 24
$-5.6M
$2.3M
Q2 24
$6.2M
$1.8M
Q1 24
$30.2M
$35.3M
Gross Margin
KGS
KGS
SNCY
SNCY
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
37.5%
Q2 24
36.5%
Q1 24
39.4%
Operating Margin
KGS
KGS
SNCY
SNCY
Q4 25
26.1%
6.5%
Q3 25
19.9%
3.9%
Q2 25
30.9%
6.2%
Q1 25
27.1%
17.2%
Q4 24
22.3%
10.0%
Q3 24
20.4%
5.0%
Q2 24
17.5%
4.9%
Q1 24
27.9%
17.7%
Net Margin
KGS
KGS
SNCY
SNCY
Q4 25
7.4%
2.9%
Q3 25
-4.3%
0.6%
Q2 25
12.2%
2.5%
Q1 25
9.2%
11.2%
Q4 24
6.2%
5.2%
Q3 24
-1.7%
0.9%
Q2 24
2.0%
0.7%
Q1 24
14.0%
11.3%
EPS (diluted)
KGS
KGS
SNCY
SNCY
Q4 25
$0.30
$0.15
Q3 25
$-0.17
$0.03
Q2 25
$0.43
$0.12
Q1 25
$0.33
$0.66
Q4 24
$0.18
$0.25
Q3 24
$-0.07
$0.04
Q2 24
$0.06
$0.03
Q1 24
$0.39
$0.64

Balance Sheet & Financial Strength

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

Metric
KGS
KGS
SNCY
SNCY
Cash + ST InvestmentsLiquidity on hand
$3.2M
$234.3M
Total DebtLower is stronger
$2.6B
$323.3M
Stockholders' EquityBook value
$1.2B
$625.2M
Total Assets
$4.3B
$1.7B
Debt / EquityLower = less leverage
2.12×
0.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KGS
KGS
SNCY
SNCY
Q4 25
$3.2M
$234.3M
Q3 25
$724.0K
$176.2M
Q2 25
$5.4M
$138.3M
Q1 25
$1.9M
$158.8M
Q4 24
$4.8M
$187.3M
Q3 24
$7.4M
$146.5M
Q2 24
$3.9M
$135.2M
Q1 24
$9.3M
$161.2M
Total Debt
KGS
KGS
SNCY
SNCY
Q4 25
$2.6B
$323.3M
Q3 25
$2.6B
$301.3M
Q2 25
$2.5B
$282.1M
Q1 25
$2.6B
$312.6M
Q4 24
$2.6B
$327.1M
Q3 24
$2.6B
$351.8M
Q2 24
$2.5B
$365.5M
Q1 24
$388.1M
Stockholders' Equity
KGS
KGS
SNCY
SNCY
Q4 25
$1.2B
$625.2M
Q3 25
$1.3B
$610.2M
Q2 25
$1.3B
$613.0M
Q1 25
$1.4B
$603.0M
Q4 24
$1.4B
$570.4M
Q3 24
$1.4B
$552.5M
Q2 24
$1.5B
$546.9M
Q1 24
$1.1B
$541.0M
Total Assets
KGS
KGS
SNCY
SNCY
Q4 25
$4.3B
$1.7B
Q3 25
$4.4B
$1.6B
Q2 25
$4.4B
$1.6B
Q1 25
$4.4B
$1.6B
Q4 24
$4.4B
$1.6B
Q3 24
$4.5B
$1.6B
Q2 24
$4.4B
$1.6B
Q1 24
$3.3B
$1.6B
Debt / Equity
KGS
KGS
SNCY
SNCY
Q4 25
2.12×
0.52×
Q3 25
2.08×
0.49×
Q2 25
1.89×
0.46×
Q1 25
1.91×
0.52×
Q4 24
1.88×
0.57×
Q3 24
1.86×
0.64×
Q2 24
1.71×
0.67×
Q1 24
0.72×

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
SNCY
SNCY
Operating Cash FlowLast quarter
$194.9M
$78.9M
Free Cash FlowOCF − Capex
$142.0M
$34.9M
FCF MarginFCF / Revenue
42.7%
12.4%
Capex IntensityCapex / Revenue
15.9%
15.7%
Cash ConversionOCF / Net Profit
7.91×
9.69×
TTM Free Cash FlowTrailing 4 quarters
$284.3M
$84.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KGS
KGS
SNCY
SNCY
Q4 25
$194.9M
$78.9M
Q3 25
$113.4M
$41.9M
Q2 25
$177.2M
$19.8M
Q1 25
$114.3M
$16.4M
Q4 24
$118.5M
$90.6M
Q3 24
$36.9M
$35.4M
Q2 24
$121.1M
$8.2M
Q1 24
$51.5M
$30.7M
Free Cash Flow
KGS
KGS
SNCY
SNCY
Q4 25
$142.0M
$34.9M
Q3 25
$10.9M
$34.0M
Q2 25
$94.6M
$14.0M
Q1 25
$36.8M
$1.0M
Q4 24
$45.2M
$85.8M
Q3 24
$-49.7M
$31.0M
Q2 24
$4.0M
$-382.0K
Q1 24
$-8.6M
$1.0M
FCF Margin
KGS
KGS
SNCY
SNCY
Q4 25
42.7%
12.4%
Q3 25
3.4%
13.3%
Q2 25
29.3%
5.3%
Q1 25
11.2%
0.3%
Q4 24
14.6%
33.0%
Q3 24
-15.3%
12.4%
Q2 24
1.3%
-0.2%
Q1 24
-4.0%
0.3%
Capex Intensity
KGS
KGS
SNCY
SNCY
Q4 25
15.9%
15.7%
Q3 25
31.7%
3.1%
Q2 25
25.6%
2.2%
Q1 25
23.5%
4.7%
Q4 24
23.7%
1.8%
Q3 24
26.7%
1.8%
Q2 24
37.8%
3.4%
Q1 24
27.9%
9.5%
Cash Conversion
KGS
KGS
SNCY
SNCY
Q4 25
7.91×
9.69×
Q3 25
27.03×
Q2 25
4.49×
3.01×
Q1 25
3.76×
0.45×
Q4 24
6.21×
6.74×
Q3 24
15.13×
Q2 24
19.44×
4.50×
Q1 24
1.70×
0.87×

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%

SNCY
SNCY

Scheduled Service$95.6M34%
Ancillary$69.3M25%
Charter Service$56.6M20%
Cargo And Freight$48.0M17%
Service Other$11.4M4%

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