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

49.33 1.84 −3.60%
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) Operating margin

Alert me on Operating margin

Kinetik Holdings Inc.'s operating margin over the twelve months to 30 September 2026 was 12.2%, up 2.8 percentage points from fiscal 2025 (9.35%). Over the past ten years it has ranged from −946.8% (fiscal 2019) to 12.7% (fiscal 2023); the current reading is higher than 70% of that period. That is below the Oil & Gas Midstream industry median of 34.7% and below the Energy sector median of 15.2%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 9.35% (2.74)
FY2024 12.1% (0.59)
FY2023 12.7% 0.28
FY2022 12.4% 4.32
FY2021 8.08% 256.87
FY2020 −248.8% 698.05
FY2019 −946.8% (930.89)
FY2018 −16.0% 60.22
FY2017 −76.2% (76.17)
FY2016 0.00% —

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 11.2% (11.85)
Jun 2026 23.0% 23.98
Mar 2026 −0.94% (12.18)
Dec 2025 11.2% 6.98
35 more quarters

Against its own ten years

Low −946.8% High 12.7%
Ten-year median 4.04%
Current reading's percentile 56

Operating margin against peers

Company Operating margin
AM Antero Midstream Corporation compare 81.3%
HESM Hess Midstream Partners LP compare 62.7%
CMBT CMB.TECH nv compare 59.2%
FRO Frontline PLC compare 54.1%
DTM DT Midstream, Inc. compare 49.4%
SOBO South Bow Corporation compare 42.8%
VNOM Viper Energy Inc. compare 36.2%
KNTK Kinetik Holdings Inc. 12.2%
INSW International Seaways Inc. compare 0.00%
Oil & Gas Midstream industry median 34.7%
Energy sector median 15.2%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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