Hornbeck Offshore Services vs Kodiak Gas Services
Hornbeck Offshore Services and Kodiak Gas Services are similar in size: $1.29bn and $1.31bn of revenue in their latest fiscal years. Kodiak Gas Services grew faster (12.8% against -4.9%). Kodiak Gas Services kept more of each dollar of sales as profit: a net margin of 6.2% against 2.4%. Hornbeck Offshore Services carries less debt relative to equity (19.9% against 216.6%).
| Latest fiscal year | Hornbeck Offshore ServicesHOS, 2025 | Kodiak Gas ServicesKGS, 2025 |
|---|---|---|
| Revenue | $1.29bn | $1.31bn |
| Revenue growth | -4.9% | 12.8% |
| Net income | $30.8m | $80.5m |
| Operating margin | 5.0% | 26.0% |
| Net margin | 2.4% | 6.2% |
| Return on equity | 2.0% | 6.2% |
| Free cash flow | $120m | $284m |
| Cash | $418m | $3.2m |
| Total debt | $315m | $2.61bn |
| Debt to equity | 19.9% | 216.6% |
| Dividend per share | — | $1.80 |
| Dividend yield | — | 3.9% |
| Share buybacks | — | $104m |
| Employees | 2,212 | 1,300 |
| Market value | $937m | $4.75bn |
| Price vs our value range | Below our value range | — |
| Moat score | 32 (Weak) | — |
| Insider trades, 12 months | 0 buys, 1 sales | 3 buys, 21 sales |