Kinetik Holdings Inc.

KNTK Energy Oil & Gas Midstream

Kinetik Holdings Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.8 billion, up 19.0% from fiscal 2024.

Revenue
+22.7%
EPS
+766.7%
Free cash flow
+692.5%
Total debt
−4.89%

Quarter to September 2026, against a year earlier

48.78 0.36 −0.73%
Market cap
$8.0B
P/E
16.3×
Fwd P/E
38.9×
Dividend yield
6.57%
F-score
5/9
Altman Z
0.32
Beneish M
−2.47
Dividend safety
12/100

Kinetik Holdings Inc. (KNTK) Gross margin

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Kinetik Holdings Inc.'s gross margin over the twelve months to 30 September 2026 was 41.0%, up 0.9 percentage points from fiscal 2025 (40.1%). Over the past ten years it has ranged from −9.61% (fiscal 2017) to 61.3% (fiscal 2020); the current reading is higher than 33% of that period. That is below the Oil & Gas Midstream industry median of 54.9% and in line with the Energy sector median of 42.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 40.1% (4.86)
FY2024 44.9% (1.17)
FY2023 46.1% 2.04
FY2022 44.1% (6.92)
FY2021 51.0% (10.32)
FY2020 61.3% 2.43
FY2019 58.9% 29.13
FY2018 29.7% 39.35
FY2017 −9.61% —

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 34.7% (12.10)
Jun 2026 46.8% 9.95
Mar 2026 36.8% (8.79)
Dec 2025 45.6% 12.75
31 more quarters

Against its own ten years

Low −9.61% High 61.3%
Ten-year median 44.9%
Current reading's percentile 22

Gross margin against peers

Company Gross margin
VNOM Viper Energy Inc. compare 100.0%
HESM Hess Midstream Partners LP compare 100.0%
DTM DT Midstream, Inc. compare 100.0%
AM Antero Midstream Corporation compare 76.9%
CMBT CMB.TECH nv compare 75.4%
FRO Frontline PLC compare 66.7%
SOBO South Bow Corporation compare 49.5%
KNTK Kinetik Holdings Inc. 41.0%
INSW International Seaways Inc. compare 0.00%
Oil & Gas Midstream industry median 54.9%
Energy sector median 42.1%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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