Kinetik Holdings (KNTK) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
1.5B
Gross Profit
538.1M
36.29%
Operating Income
183.3M
12.36%
Net Income
244.2M
16.47%
EPS (Diluted)
$1.02
Balance Sheet Metrics
Total Assets
6.8B
Total Liabilities
3.8B
Shareholders Equity
3.0B
Debt to Equity
1.29
Cash Flow Metrics
Operating Cash Flow
638.2M
Free Cash Flow
361.5M
Revenue & Profitability Trend
Kinetik Holdings Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 1.5B | 1.3B | 1.2B | 662.0M | 410.2M |
| Cost of Goods Sold | 944.8M | 796.7M | 801.9M | 477.2M | 288.8M |
| Gross Profit | 538.1M | 459.7M | 411.6M | 184.9M | 121.4M |
| Operating Expenses | 330.1M | 259.4M | 231.6M | 119.5M | 116.6M |
| Operating Income | 183.3M | 178.7M | 163.1M | 53.9M | -6.2M |
| Pre-tax Income | 267.3M | 153.5M | 253.3M | 3.3M | -1.2B |
| Income Tax | 23.0M | -232.9M | 2.6M | 1.9M | 968.0K |
| Net Income | 244.2M | 386.5M | 250.7M | 1.5M | -1.2B |
| EPS (Diluted) | $1.02 | $2.52 | $1.48 | $0.00 | $0.00 |
Income Statement Trend
Kinetik Holdings Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 294.8M | 257.3M | 241.9M | 217.5M | 120.4M |
| Non-Current Assets | 6.5B | 6.2B | 5.7B | 3.3B | 3.4B |
| Total Assets | 6.8B | 6.5B | 5.9B | 3.6B | 3.5B |
| Liabilities | |||||
| Current Liabilities | 418.6M | 250.1M | 227.8M | 240.9M | 137.2M |
| Non-Current Liabilities | 3.4B | 3.6B | 3.4B | 2.3B | 2.4B |
| Total Liabilities | 3.8B | 3.9B | 3.6B | 2.5B | 2.5B |
| Equity | |||||
| Total Shareholders Equity | 3.0B | 2.6B | 2.3B | 1.0B | 1.0B |
Balance Sheet Composition
Kinetik Holdings Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 244.2M | 386.5M | 250.7M | 1.5M | -1.2B |
| Operating Cash Flow | 638.2M | 505.3M | 542.9M | 159.5M | -930.3M |
| Investing Activities | |||||
| Capital Expenditures | - | - | - | - | -181.4M |
| Investing Cash Flow | 94.9M | -363.4M | -64.6M | -16.9M | -488.0M |
| Financing Activities | |||||
| Dividends Paid | -175.2M | -81.4M | -41.1M | 0 | 0 |
| Financing Cash Flow | -461.4M | 100.0M | -339.2M | -136.8M | 475.7M |
| Free Cash Flow | 361.5M | 254.9M | 391.4M | 152.9M | -97.0M |
Cash Flow Trend
Kinetik Holdings Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
45.15
Forward P/E
18.41
Price to Book
0.87
Price to Sales
1.65
PEG Ratio
18.41
Profitability Ratios
Profit Margin
14.39%
Operating Margin
4.34%
Return on Equity
8.22%
Return on Assets
1.67%
Financial Health
Current Ratio
0.66
Debt to Equity
129.40
Beta
1.02
Per Share Data
EPS (TTM)
$0.95
Book Value per Share
-$41.85
Revenue per Share
$26.48
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| kntk | 2.6B | 45.15 | 0.87 | 8.22% | 14.39% | 129.40 |
| Enbridge | 96.4B | 22.24 | 1.56 | 9.46% | 10.33% | 144.81 |
| Williams Companies | 69.6B | 30.63 | 5.59 | 16.20% | 20.61% | 184.40 |
| Antero Midstream | 8.9B | 21.69 | 4.28 | 19.71% | 35.13% | 148.96 |
| South Bow | 5.5B | 18.72 | 2.10 | 10.29% | 14.08% | 220.77 |
| Golar LNG | 4.4B | 1,395.00 | 2.20 | 1.08% | 1.48% | 60.01 |
Financial data is updated regularly. All figures are in the company's reporting currency.