Saturday 17 October 2026 Export KNTK’s income statement to Excel — free account

Kinetik Holdings Inc.

Kinetik Holdings Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.8 billion, up 19.0% from fiscal 2024. In the quarter to June 2026, revenue grew 36.3%, EPS grew 97.0%, free cash flow grew 776.0% and total debt was flat, each against the same quarter a year earlier. Dividend growth for five consecutive years, revenue growth for five; insiders bought in the last twelve months.

55.30 1.86 +3.48%

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Market cap: $8.7B
P/E: 19.8×
Fwd P/E: 54.5×
Dividend yield: 5.80%
F-score: 5/9
Altman Z: 0.32
Beneish M: −2.47
Dividend safety: 12/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.28

Total sells 439.39

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	1	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	1	1	4	3	—	—	—	8	5	2

Insider Ownership 16.62%

Capital & Financial Ratios $m

Market Cap 8,680.00

Revenue 1,885.80

Net Income 550.24

Free Cash Flow 123.36

Net Debt 3,955.56

Current Ratio 0.68

Debt/Equity (3.34)

P/E ratio 19.82

Fwd P/E 54.50

P/S ratio 2.20

P/B ratio 0.00

Past 5Y EPS Growth 79.79%

This Y EPS Growth (42.50%)

Next Y EPS Growth 30.73%

Next Y revenue growth 16.70%

Next 5Y EPS Growth (2.07%)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 46.45%

10-year low 10-year high

P/S against its own 10 years 87.19%

10-year low 10-year high

EV/Sales against its own 10 years 57.35%

10-year low 10-year high

EV/FCF against its own 10 years 85.35%

10-year low 10-year high

Dividends

Payout Ratio 1.16

Annual Dividend Rate 3.21

Annual Dividend Yield 5.80%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	3.25	0.81 0.81 0.81
2025	3.12	0.78 0.78 0.78 0.78
2024	3.03	0.75 0.75 0.75 0.78
2023	3.00	0.75 0.75 0.75 0.75
2022	2.25	0.75 0.75 0.75
2021	3.00	0.75 0.75 0.75 0.75
2020	Powerpack
2019	Powerpack
2018	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	5	4	4	8
Receivables	216	252	250	286
Inventory	—	—	—	—
Other	8	2	14	20
	257	295	302	350

	2023	2024	2025	Q'26
Payables	34	27	42	49
ST’ Debt	—	140	165	225
Other	10	46	18	30
	250	419	441	512

Compound Annual Growth %

	10y	5y	3y
Sales	—	33.88%	13.29%
Cash Flow	—	42.70%	(0.49%)
Earnings	—	126.35%	42.89%
Book Value	—	0.00%	0.00%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	410	581	—	—	—
’25	443	427	464	430	1,764
’24	341	359	396	386	1,483
’23	281	296	330	349	1,256
’22	257	336	325	295	1,213
’21	148	136	167	56	662
’20	41	32	40	35	410

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	180	161	—	—	—
’25	177	129	188	110	604
’24	154	126	214	144	637
’23	120	111	175	179	584
’22	98	171	184	160	613
’21	42	53	65	76	236
’20	52	35	51	(35)	102

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	91	46	—	—	—
’25	95	(7)	16	(30)	75
’24	94	86	151	32	362
’23	51	6	88	110	255
’22	66	124	90	112	392
’21	21	31	46	58	156
’20	39	29	48	(212)	(97)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.07)	0.64	—	—	—
’25	0.05	0.33	0.03	2.16	2.63
’24	0.12	0.54	0.35	0.01	1.02
’23	(0.06)	0.41	0.21	1.70	2.38
’22	0.03	0.66	0.63	(25.39)	1.48
’20	(0.78)	(0.03)	0.15	1.26	0.14
’19	0.10	(0.73)	(0.25)	(176.41)	(177.22)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	73.30	16.30	4.70	22.78	29.05	26.32	31.73	31.33	Analyst estimates 2026–2028 Powerpack
	High	—	—	104.80	94.60	29.30	45.50	44.99	37.17	62.55	67.60
People
People	Employees	2	2	2	—	5	—	300	330	460	500
	Revenue/emp, $m	0.00	7.57	38.38	0.00	82.04	0.00	4.04	3.81	3.22	3.53
Income, $m
Income, $m	Revenue	—	15	77	136	410	662	1,213	1,256	1,483	1,764
	Gross margin, %	—	(9.61)	29.74	58.87	61.30	50.98	44.06	46.10	44.93	40.07
	EBT	0	(12)	(11)	(1,263)	(1,155)	3	253	154	267	577
	EBT margin, %	0.00	(76.17)	(13.99)	(929.93)	(281.54)	0.51	20.88	12.22	18.02	32.68
	Net income	0	(19)	0	(1,328)	(1,156)	1	251	386	244	526
	Depreciation	—	6	20	41	1,248	259	272	294	338	397
Per share, $
Per share, $	Revenue	0.00	2.43	4.43	18.13	58.60	88.37	29.15	24.24	25.01	28.48
	Earnings	0.00	(2.98)	(0.30)	(177.22)	0.21	2.03	1.48	2.39	1.03	2.66
	Cash flow	0.00	0.00	0.04	10.18	14.59	31.44	14.73	11.28	10.75	9.75
	Capex	0.00	0.00	(4.85)	(43.96)	(28.44)	(10.56)	(5.32)	(6.35)	(4.65)	(8.54)
	Free cash flow	0.00	0.00	(4.81)	(33.78)	(13.85)	20.88	9.41	4.93	6.10	1.21
	Book value	0.02	89.31	(12.34)	(47.13)	(35.34)	0.00	(20.17)	(10.24)	(50.21)	(9.12)
	Shares, m	1	6	17	7	7	7	42	52	59	62
Valuation, ×
Valuation, ×	P/E	—	0.00	0.00	0.00	0.00	0.00	21.84	5.91	55.60	13.92
	P/S	—	0.00	17.44	1.58	1.20	0.45	1.10	1.39	2.27	1.27
	P/B	—	43.26	0.00	0.00	0.00	22,973.23	0.00	0.00	0.00	0.00
	EV/Sales	—	0.00	11.57	4.52	5.32	4.99	3.91	4.27	4.64	3.43
	EV/FCF	—	660.89	612.36	(2.43)	(9.93)	16.17	12.10	21.01	19.02	81.07
Cash, $m
Cash, $m	Operating cash flow	0	0	1	76	102	236	613	584	637	604
	Capex	—	—	(84)	(329)	(199)	(79)	(221)	(329)	(275)	(529)
	Free cash flow	0	0	(83)	(253)	(97)	156	392	255	362	75
Balance, $m
Balance, $m	Working capital	0	(118)	370	(2)	13	(23)	14	7	(124)	(138)
	Total debt	0	—	—	406	624	2,319	3,414	3,589	3,525	3,824
	Net debt	0	—	(450)	400	600	2,301	3,408	3,584	3,522	3,820
	Shareholders’ equity	0	556	(214)	(353)	(247)	0	(840)	(531)	(2,977)	(565)
Returns, %
Returns, %	ROA	0.00	(5.26)	(0.34)	(21.35)	0.18	(0.52)	1.29	4.66	1.20	2.56
	ROIC	(9.93)	(1.30)	0.00	(1,720.48)	(180.96)	1.45	3.66	3.26	20.56	3.17
	ROE	0.00	(6.68)	(2.56)	126.50	(1.00)	11.27	(14.55)	(42.24)	(4.56)	(10.07)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
VNOM Viper Energy Inc.	$15.7B	322×	18.4×	+127.95% (above 0%: growing)	+160.71% (above 0%: growing)	+146.15% (above 0%: growing)	100.00%	63.22%	Compare
DTM DT Midstream, Inc.	$12.1B	26.9×	29.8×	+11.00% (above 0%: growing)	+4.76% (above 0%: growing)	+12.50% (above 0%: growing)	100.00%	50.44%	Compare
FRO Frontline PLC	$11.7B	7.9×	4.6×	+112.25% (above 0%: growing)	+745.71% (above 0%: growing)	+155.42% (above 0%: growing)	74.15%	65.92%	Compare
AM Antero Midstream Corporation	$9.5B	24.6×	19.5×	+7.13% (above 0%: growing)	−7.69% (below 0%: shrinking)	−11.79% (below 0%: shrinking)	74.17%	55.59%	Compare
KNTK Kinetik Holdings Inc.	$8.7B	19.8×	54.5×	+36.25% (above 0%: growing)	+96.97% (above 0%: growing)	+775.96% (above 0%: growing)	46.77%	23.04%
SOBO South Bow Corporation	$7.0B	15.7×	21.2×	+4.20% (above 0%: growing)	+39.13% (above 0%: growing)	+48.75% (above 0%: growing)	55.68%	48.90%	Compare
HESM Hess Midstream Partners LP	$6.3B	10.6×	14.7×	−3.67% (below 0%: shrinking)	+1.35% (above 0%: growing)	+19.67% (above 0%: growing)	100.00%	63.46%	Compare
INSW International Seaways Inc.	$5.6B	7.0×	5.0×	+138.85% (above 0%: growing)	+376.80% (above 0%: growing)	+125.42% (above 0%: growing)	76.05%	64.49%	Compare
CMBT CMB.TECH nv	$5.2B	3.6×	5.4×	+519.15% (above 0%: growing)	n/m	+451.20% (above 0%: growing)	71.02%	54.45%	Compare
Median of peers	$8.3B	13.1×	16.5×	+61.63%	+39.13%	+87.09%	75.11%	59.41%

All 58 Oil & Gas Midstream stocks →

Kinetik Holdings Inc. (KNTK) key facts

Strength: Kinetik Holdings Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.8 billion, up 19.0% from fiscal 2024.
Kinetik Holdings Inc. (KNTK) is an Oil & Gas Midstream company in the Energy sector, listed on the New York Stock Exchange.
As of October 16, 2026, KNTK traded at $55.30, a market capitalization of $8.7 billion.
Kinetik Holdings Inc. pays an annual dividend of $3.21 per share, a yield of 5.80%, with a payout ratio of 116.3%.
Return on equity was −10.1% and debt-to-equity -3.34.
Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 0.32 (distress zone) for fiscal 2025.