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Kinetik Holdings KNTK Ad valorem taxes

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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$3.57B+0.2%

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 apa:AdValoremTaxes.

The official record: Kinetik Holdings’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Kinetik Holdings's ad valorem taxes?
Kinetik Holdings (KNTK) reported ad valorem taxes of $8.78M in Q1 2026.
How has Kinetik Holdings's ad valorem taxes changed year-over-year?
Kinetik Holdings's ad valorem taxes increased by 29.2% year-over-year, from $6.79M to $8.78M.
What is the long-term trend for Kinetik Holdings's ad valorem taxes?
Over 4 years (2021 to 2025), Kinetik Holdings's ad valorem taxes has grown at a 25.8% compound annual growth rate (CAGR), from $11.51M to $28.85M.
What does ad valorem taxes mean?
This represents the property taxes levied on the assessed value of real and personal property, such as pipelines and processing facilities. These taxes are a recurring operational cost for midstream infrastructure operators and are typically tied to the physical asset base in specific jurisdictions. Monitoring this expense helps assess the impact of local tax policy changes on the company's operational cost structure.