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Kinetik Holdings KNTK Operating margin

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22.9%+5.3pp
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DT MidstreamDTM
49.5%+0.4pp
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MPLXMPLX
44.4%+1.1pp

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
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

Calculated from Kinetik Holdings’s reported figures.

Based on trailing twelve months.

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

Filed
May 7, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001692787-26-000092

FAQ

What is Kinetik Holdings's operating margin?
Kinetik Holdings (KNTK) reported operating margin of 8.2% in Q1 2026.
How has Kinetik Holdings's operating margin changed year-over-year?
Kinetik Holdings's operating margin decreased by 24.7% year-over-year, from 10.9% to 8.2%.
What is the long-term trend for Kinetik Holdings's operating margin?
Over 5 years (2020 to 2025), Kinetik Holdings's operating margin has grown at a -57.7% compound annual growth rate (CAGR), from -690% to 9.3%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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