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Kinetik Holdings KNTK Midstream Logistics — Depreciation and amortization expense

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$2.33M+0.9%

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Other financials

Income statement

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Revenue$410.0M-7.5%
Gross profit$221.3M+0.6%
Operating income-$3.8M-120%
Net income-$1.7M-127%
EPS (diluted)-$0.07-240%

Balance sheet

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Cash & equivalents$720.0K-91.9%
Total debt$3.9B+3.6%
Total equity-$1.7B+34.5%
Total assets$7.1B+1.1%

Cash flow

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Operating cash flow$180.4M+2.0%
CapEx$83.0M+11.4%
Free cash flow$97.4M-4.8%

Valuation

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Market cap$3.69B+45.9%
Enterprise value$7.58B+16.2%
P/E21.7×-19.8×
P/S2.1×+0.6×

Profitability

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Gross margin56.6%+0.2pp
Operating margin8.2%-2.7pp
Net margin9.8%+5.1pp
FCF margin10%-21.1pp

Returns & leverage

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Return on equity-3,232.9%
Debt / equity242,364.7×
Current ratio0.6×-0.1×

Where this comes from

Reported directly by Kinetik Holdings in its filing.

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

The source filing: Kinetik Holdings’s 10-Q, filed May 8, 2026.

Filed
May 7, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001692787-26-000092
For the three months ended March 31, 2026Midstream Logistics / (In thousands)Pipeline Transportation / (In thousands)Corporate and Other(1) / (In thousands)Elimination / (In thousands)Consolidated / (In thousands)
Equity in earnings of unconsolidated affiliates51,18851,188
Deduct:
Interest expense4853,37253,420
Depreciation and amortization expenses99,4982,3296101,833
Amortization of contract costs1,9501,950
Proportionate EMI EBITDA70,02970,029
Share-based compensation20,66320,663
Commodity hedging unrealized loss46,98746,987

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Kinetik Holdings's midstream logistics — depreciation and amortization expense?
Kinetik Holdings (KNTK) reported midstream logistics — depreciation and amortization expense of $99.5M in Q1 2026.
How has Kinetik Holdings's midstream logistics — depreciation and amortization expense changed year-over-year?
Kinetik Holdings's midstream logistics — depreciation and amortization expense increased by 10.1% year-over-year, from $90.36M to $99.5M.
What is the long-term trend for Kinetik Holdings's midstream logistics — depreciation and amortization expense?
Over 4 years (2021 to 2025), Kinetik Holdings's midstream logistics — depreciation and amortization expense has grown at a 11.3% compound annual growth rate (CAGR), from $243.05M to $373.39M.
What does midstream logistics — depreciation and amortization expense mean?
The systematic allocation of the cost of tangible and intangible assets over their estimated useful lives within the midstream logistics segment. This non-cash expense reflects the wear and tear or obsolescence of pipelines, processing facilities, and other capital-intensive infrastructure.

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