The basic setup for kick drum sidechaining is pretty well known - crank Ratio, lower Threshold, then set the Attack as short as it will go and dial in a Release time that allows the compressor's gain reduction to recover just before the next hit strikes.

Notice, though, the beginning of the kick remains strongly above the threshold for a sustained period. The compressor reacts to this by doing its job and keeping the gain reduction held out for that entire length, so we're not really getting the release-only envelope we asked for.