Kinetik Holdings Inc. | Mid-cap | Energy
$35.98
-3.36%
| Kinetik Holdings Stock Comparison:
Kinetik Holdings vs EnbridgeKinetik Holdings vs Williams CompaniesKinetik Holdings vs Antero MidstreamKinetik Holdings vs South BowKinetik Holdings vs Frontline PlcKinetik Holdings vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 443.3M
Gross Profit 127.2M 28.70%
Operating Income 19.2M 4.34%
Net Income 19.3M 4.35%
EPS (Diluted) $0.05

Balance Sheet Metrics

Total Assets 7.0B
Total Liabilities 4.1B
Shareholders Equity 2.9B
Debt to Equity 1.42

Cash Flow Metrics

Operating Cash Flow 134.3M
Free Cash Flow 95.4M

Revenue & Profitability Trend

Kinetik Holdings Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue i 1.5B 1.3B 1.2B 662.0M 410.2M
Cost of Goods Sold i 944.8M 796.7M 801.9M 477.2M 288.8M
Gross Profit i 538.1M 459.7M 411.6M 184.9M 121.4M
Gross Margin % i 36.3% 36.6% 33.9% 27.9% 29.6%
Operating Expenses
Research & Development i - - - - -
Selling, General & Administrative i 134.2M 97.9M 94.3M 28.6M 22.9M
Other Operating Expenses i 196.0M 161.5M 137.3M 90.9M 93.7M
Total Operating Expenses i 330.1M 259.4M 231.6M 119.5M 116.6M
Operating Income i 183.3M 178.7M 163.1M 53.9M -6.2M
Operating Margin % i 12.4% 14.2% 13.4% 8.1% -1.5%
Non-Operating Items
Interest Income i 2.8M 2.0M 489.0K 4.1M 608.0K
Interest Expense i 209.8M 199.7M 139.7M 104.0M 123.6M
Other Non-Operating Income 298.4M 178.7M 239.0M 62.7M -1.0B
Pre-tax Income i 267.3M 153.5M 253.3M 3.3M -1.2B
Income Tax i 23.0M -232.9M 2.6M 1.9M 968.0K
Effective Tax Rate % i 8.6% -151.7% 1.0% 55.7% 0.0%
Net Income i 244.2M 386.5M 250.7M 1.5M -1.2B
Net Margin % i 16.5% 30.8% 20.7% 0.2% -281.8%
Key Metrics
EBITDA i 716.0M 655.5M 604.9M 351.3M 205.9M
EPS (Basic) i $1.03 $5.25 $1.48 $0.00 $0.00
EPS (Diluted) i $1.02 $2.52 $1.48 $0.00 $0.00
Basic Shares Outstanding i 59284000 51823000 41326000 37792920 37792920
Diluted Shares Outstanding i 59284000 51823000 41326000 37792920 37792920

Income Statement Trend

Kinetik Holdings Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets
Cash & Equivalents i 3.6M 4.5M 6.4M 18.7M 19.6M
Short-term Investments i - - - - -
Accounts Receivable i 111.9M 215.7M 204.0M 178.1M 91.6M
Inventory i - - - - -
Other Current Assets 36.7M 29.3M 24.5M 20.7M 8.5M
Total Current Assets i 294.8M 257.3M 241.9M 217.5M 120.4M
Non-Current Assets
Property, Plant & Equipment i 29.8M 37.6M 28.6M 61.6M 2.0B
Goodwill i 662.6M 601.8M 705.5M 786.0M 921.8M
Intangible Assets i 652.5M 591.7M 695.4M 786.0M 921.8M
Long-term Investments 65.0K 165.0K 0 - 0
Other Non-Current Assets 281.0M 320.9M 32.3M 22.3M 23.6M
Total Non-Current Assets i 6.5B 6.2B 5.7B 3.3B 3.4B
Total Assets i 6.8B 6.5B 5.9B 3.6B 3.5B
Liabilities
Current Liabilities
Accounts Payable i 27.2M 34.0M 17.9M 12.2M 13.4M
Short-term Debt i 158.9M 29.2M 22.8M 86.1M 53.3M
Current Portion of Long-term Debt - - - - -
Other Current Liabilities 45.7M 9.5M 13.2M 7.0M 5.6M
Total Current Liabilities i 418.6M 250.1M 227.8M 240.9M 137.2M
Non-Current Liabilities
Long-term Debt i 3.4B 3.6B 3.4B 2.3B 2.3B
Deferred Tax Liabilities i 16.8M 13.2M 11.0M 7.2M 5.3M
Other Non-Current Liabilities 2.1M 3.2M 2.7M 3.1M 1.5M
Total Non-Current Liabilities i 3.4B 3.6B 3.4B 2.3B 2.4B
Total Liabilities i 3.8B 3.9B 3.6B 2.5B 2.5B
Equity
Common Stock i 15.0K 15.0K 14.0K 10.0K -
Retained Earnings i -3.0B -723.5M -958.6M 0 -
Treasury Stock i - - - - -
Other Equity - - - - -
Total Shareholders Equity i 3.0B 2.6B 2.3B 1.0B 1.0B
Key Metrics
Total Debt i 3.5B 3.6B 3.4B 2.4B 2.4B
Working Capital i -123.8M 7.2M 14.0M -23.4M -16.8M

Balance Sheet Composition

Kinetik Holdings Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income i 244.2M 386.5M 250.7M 1.5M -1.2B
Depreciation & Amortization i 324.2M 281.0M 260.3M 243.6M 223.8M
Stock-Based Compensation i 76.5M 56.0M 42.8M 0 0
Working Capital Changes i -40.5M 2.5M -14.0M -101.9M -10.3M
Operating Cash Flow i 638.2M 505.3M 542.9M 159.5M -930.3M
Investing Activities
Capital Expenditures i - - - - -181.4M
Acquisitions i 94.5M -363.4M -64.6M -16.9M -306.5M
Investment Purchases i - - - - -
Investment Sales i - - - - -
Investing Cash Flow i 94.9M -363.4M -64.6M -16.9M -488.0M
Financing Activities
Share Repurchases i 0 -5.8M 0 0 0
Dividends Paid i -175.2M -81.4M -41.1M 0 0
Debt Issuance i 1.2B 1.6B 3.6B 68.7M 375.6M
Debt Repayment i -1.3B -1.4B -3.2B -166.0M -203.9M
Financing Cash Flow i -461.4M 100.0M -339.2M -136.8M 475.7M
Free Cash Flow i 361.5M 254.9M 391.4M 152.9M -97.0M
Net Change in Cash i 271.8M 241.8M 139.1M 5.8M -942.6M

Cash Flow Trend

Kinetik Holdings Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 53.14
Forward P/E 16.65
Price to Book 0.84
Price to Sales 1.44
PEG Ratio -1.37

Profitability Ratios

Profit Margin 11.72%
Operating Margin 18.15%
Return on Equity 6.57%
Return on Assets 1.79%

Financial Health

Current Ratio 0.62
Debt to Equity 142.57
Beta 0.98

Per Share Data

EPS (TTM) $0.73
Book Value per Share $-24.64
Revenue per Share $27.38

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
kntk 2.4B 53.14 0.84 6.57% 11.72% 142.57
Enbridge 107.5B 24.36 1.84 9.92% 10.28% 147.94
Williams Companies 77.5B 32.31 6.30 17.39% 21.38% 192.99
Antero Midstream 8.8B 19.32 4.16 19.71% 35.13% 148.96
South Bow 5.9B 19.74 2.24 10.79% 14.68% 219.72
Frontline Plc 5.0B 20.31 2.06 9.93% 13.05% 151.60

Financial data is updated regularly. All figures are in the company's reporting currency.