What is Kinetik Holdings's return on equity?

Kinetik Holdings (KNTK) reported return on equity of -3,232.9% in Q3 2021.

What does return on equity mean?

Trailing-twelve-month net income divided by average shareholders' equity (average of the start and end of the trailing-twelve-month window). Measures the profit generated on each dollar of shareholder capital.

Kinetik Holdings KNTK Return on equity

Discontinued — last reported Q3 '21

Return on equity at other companies

Enterprise Products PartnersEPD

19.6%-0.4pp

TRG

Targa ResourcesTRGP

76.3%+25.6pp

DT MidstreamDTM

9.9%+1.6pp

Kinder MorganKMI

10.7%+2.2pp

Kodiak Gas ServicesKGS

5.4%+1.4pp

Antero Midstream CorporationAM

20.4%+0.7pp

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$180.4M+2.0%

CapEx$83.0M+11.4%

Free cash flow$97.4M-4.8%

Valuation

See full

Market cap$3.57B+0.2%

Profitability

See full

Gross margin56.6%+0.2pp

Operating margin8.2%-2.7pp

Net margin9.8%+5.1pp

FCF margin10%-21.1pp

Returns & leverage

See full

Debt / equity242,364.7×—

Current ratio0.6×-0.1×

Where this comes from

Calculated from Kinetik Holdings’s reported figures.

net income/total stockholders equity=-3,232.9%

Based on trailing twelve months.

The official record: Kinetik Holdings’s 10-Q, filed November 9, 2022, on SEC EDGAR. View the filing →

Ask your AI about Kinetik Holdings's return on equity.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Kinetik Holdings's return on equity?: Kinetik Holdings (KNTK) reported return on equity of -3,232.9% in Q3 2021.
What does return on equity mean?: Trailing-twelve-month net income divided by average shareholders' equity (average of the start and end of the trailing-twelve-month window). Measures the profit generated on each dollar of shareholder capital.