KGS vs. KRP
KGS (Kodiak Gas Services Inc.) and KRP (Kimbell Royalty Partners, LP) are both stocks. Both are in the Energy sector — KGS in Oil & Gas Equipment & Services, KRP in Oil & Gas E&P. Over the past year, KGS returned 109.92% vs 12.59% for KRP. At a 0.34 correlation, their price movements are largely independent.
Performance
KGS vs. KRP - Performance Comparison
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Returns By Period
In the year-to-date period, KGS achieves a 88.05% return, which is significantly higher than KRP's 32.35% return.
KGS
- 1D
- 3.95%
- 1M
- -5.69%
- YTD
- 88.05%
- 6M
- 93.69%
- 1Y
- 109.92%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
KRP
- 1D
- -0.20%
- 1M
- -2.31%
- YTD
- 32.35%
- 6M
- 37.01%
- 1Y
- 12.59%
- 3Y*
- 11.24%
- 5Y*
- 14.83%
- 10Y*
- —
KGS vs. KRP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
KGS Kodiak Gas Services Inc. | 88.05% | -3.73% | 115.21% | 31.97% |
KRP Kimbell Royalty Partners, LP | 32.35% | -18.60% | 20.43% | 12.07% |
Correlation
The correlation between KGS and KRP is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jun 29, 2023 | 0.34 |
The correlation between KGS and KRP shifts across timeframes, from 0.19 (1 year) to 0.34 (all time), reflecting how their relationship changes across market environments.
Fundamentals
KGS:
$6.05B
KRP:
$1.76B
KGS:
$0.77
KRP:
$0.60
KGS:
89.66
KRP:
24.59
KGS:
9.06
KRP:
0.09
KGS:
4.60
KRP:
5.71
KGS:
5.15
KRP:
3.37
KGS:
$1.32B
KRP:
$309.11M
KGS:
$487.67M
KRP:
$319.28M
KGS:
$469.03M
KRP:
$177.16M
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Return for Risk
KGS vs. KRP — Risk / Return Rank
KGS
KRP
KGS vs. KRP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kodiak Gas Services Inc. (KGS) and Kimbell Royalty Partners, LP (KRP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| KGS | KRP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.60 | ||
| Sortino ratioReturn per unit of downside risk | +2.87 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.11 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 7.78 | 0.62 | +7.17 |
| Martin ratioReturn relative to average drawdown | 19.95 | 1.58 | +18.37 |
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Drawdowns
KGS vs. KRP - Drawdown Comparison
The maximum KGS drawdown since its inception was -38.57%, smaller than the maximum KRP drawdown of -80.91%. Use the drawdown chart below to compare losses from any high point for KGS and KRP.
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Drawdown Indicators
| KGS | KRP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.57% | -80.91% | +42.34% |
Max Drawdown (1Y)Largest decline over 1 year | -14.20% | -20.50% | +6.30% |
Max Drawdown (3Y)Largest decline over 3 years | — | -27.58% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -27.58% | — |
Current DrawdownCurrent decline from peak | -8.84% | -4.95% | -3.89% |
Average DrawdownAverage peak-to-trough decline | -11.42% | -19.37% | +7.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.53% | 7.97% | -2.44% |
Volatility
KGS vs. KRP - Volatility Comparison
Kodiak Gas Services Inc. (KGS) has a higher volatility of 11.67% compared to Kimbell Royalty Partners, LP (KRP) at 6.60%. This indicates that KGS's price experiences larger fluctuations and is considered to be riskier than KRP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KGS | KRP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.67% | 6.60% | +5.07% |
Volatility (6M)Calculated over the trailing 6-month period | 25.36% | 16.81% | +8.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.05% | 23.01% | +12.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.89% | 28.34% | +9.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.89% | 41.29% | -3.40% |
Dividends
KGS vs. KRP - Dividend Comparison
KGS's dividend yield for the trailing twelve months is around 2.78%, less than KRP's 10.22% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
KGS Kodiak Gas Services Inc. | 2.78% | 4.81% | 3.87% | 1.89% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
KRP Kimbell Royalty Partners, LP | 10.22% | 13.61% | 10.78% | 11.50% | 11.26% | 8.36% | 11.00% | 9.29% | 12.22% | 5.17% |
Financials
KGS vs. KRP - Financials Comparison
This section allows you to compare key financial metrics between Kodiak Gas Services Inc. and Kimbell Royalty Partners, LP. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
KGS vs. KRP - Profitability Comparison
KGS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Kodiak Gas Services Inc. reported a gross profit of 0.00 and revenue of 345.76M. Therefore, the gross margin over that period was 0.0%.
KRP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Kimbell Royalty Partners, LP reported a gross profit of 59.66M and revenue of 65.54M. Therefore, the gross margin over that period was 91.0%.
KGS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Kodiak Gas Services Inc. reported an operating income of 106.81M and revenue of 345.76M, resulting in an operating margin of 30.9%.
KRP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Kimbell Royalty Partners, LP reported an operating income of 15.80M and revenue of 65.54M, resulting in an operating margin of 24.1%.
KGS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Kodiak Gas Services Inc. reported a net income of 17.81M and revenue of 345.76M, resulting in a net margin of 5.2%.
KRP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Kimbell Royalty Partners, LP reported a net income of 3.97M and revenue of 65.54M, resulting in a net margin of 6.1%.
Frequently Asked Questions
KGS and KRP have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KGS has higher volatility (11.67%) compared to KRP (6.60%). In terms of maximum drawdown, KGS dropped -38.57% vs KRP's -80.91%.
KGS currently has the higher Sharpe Ratio (3.15 vs 0.55), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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