Kinetik Holdings Inc. (KNTK) Financial Ratios
9 years of historical data (2017–2025) · Energy · Oil & Gas Midstream
EV/EBITDA
↓
12.96
+7% vs avg
5yr avg: 12.09
30Y Low11.2·High27.3
P/FCF
↑
43.44
↑+277% vs avg
5yr avg: 11.53
30Y Low3.5·High30.3
P/B Ratio
↓
1.01
+16% vs avg
5yr avg: 0.87
30Y Low0.6·High8.2
ROE
↑
6.0%
↑-23% vs avg
5yr avg: 7.8%
30Y Low-119%·High16%
Debt/EBITDA
↓
7.06
↓-8% vs avg
5yr avg: 7.70
30Y Low2.1·High8.3
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
KNTK Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Kinetik Holdings Inc. trades at 17.9x earnings, 90% below its 5-year average of 177.4x, sitting at the 50th percentile of its historical range. Compared to the Energy sector median P/E of 15.8x, the stock trades at a premium of 13%. On a free-cash-flow basis, the stock trades at 43.4x P/FCF, 277% above the 5-year average of 11.5x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $3.2B | $2.3B | $3.4B | $1.7B | $1.4B | $1.2B | $897M | $2.1B | $2.9B | $4.6B |
| Enterprise Value | $7.1B | $6.1B | $6.9B | $5.3B | $4.8B | $3.5B | $3.3B | $2.5B | $2.5B | $4.6B |
| P/E Ratio → | 17.87 | 13.71 | 55.60 | 13.25 | 22.35 | 782.14 | — | — | — | — |
| P/S Ratio | 1.83 | 1.28 | 2.30 | 1.38 | 1.13 | 1.75 | 2.19 | 5.66 | 5.11 | 302.45 |
| P/B Ratio | 1.01 | 0.77 | 1.14 | 0.66 | 0.60 | 1.15 | 0.86 | 2.37 | 1.69 | 8.24 |
| P/FCF | 43.44 | 30.34 | 9.43 | 6.79 | 3.50 | 7.58 | — | — | — | — |
| P/OCF | 5.35 | 3.74 | 5.35 | 2.96 | 2.23 | 4.92 | 8.78 | 47.99 | — | — |
P/E links to full P/E history page with 30-year chart
KNTK EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Kinetik Holdings Inc.'s enterprise value stands at 13.0x EBITDA, 7% above its 5-year average of 12.1x. The Energy sector median is 7.9x, placing the stock at a 65% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.47 | 4.68 | 4.24 | 3.92 | 5.30 | 8.12 | 6.72 | 4.33 | 302.42 |
| EV / EBITDA | 12.96 | 11.18 | 13.79 | 12.10 | 11.58 | 11.81 | — | 13.36 | 27.30 | — |
| EV / EBIT | 43.03 | 7.56 | 14.55 | 15.08 | 12.11 | 32.69 | — | — | — | — |
| EV / FCF | — | 82.21 | 19.20 | 20.90 | 12.16 | 22.96 | — | — | — | — |
KNTK Profitability
Margins and return-on-capital ratios measuring operating efficiency
Kinetik Holdings Inc. earns an operating margin of 9.3%, below the Energy sector average of 13.9%. Operating margins have compressed from 12.7% to 9.3% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 6.0% is modest, trailing the sector median of 7.1%. ROIC of 1.9% represents below-average returns on invested capital versus a sector median of 6.2%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 18.4% | 18.4% | 36.3% | 36.6% | 33.9% | 27.9% | 29.6% | 27.9% | 6.8% | -49.2% |
| Operating Margin | 9.3% | 9.3% | 12.1% | 12.7% | 12.4% | 8.1% | -248.8% | -3.2% | -4.6% | -76.2% |
| Net Profit Margin | 10.1% | 10.1% | 16.5% | 30.8% | 11.2% | 0.2% | -281.8% | -38.1% | -19.1% | -122.7% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 6.0% | 6.0% | 8.7% | 15.8% | 8.3% | 0.1% | -118.8% | -11.0% | -9.5% | -3.3% |
| ROA | 2.5% | 2.5% | 3.7% | 6.2% | 2.9% | 0.0% | -45.3% | -8.6% | -8.5% | -2.6% |
| ROIC | 1.9% | 1.9% | 2.1% | 2.0% | 2.5% | 1.2% | -32.0% | -0.7% | -2.2% | -1.6% |
| ROCE | 2.5% | 2.5% | 2.8% | 2.7% | 3.3% | 1.6% | -41.6% | -0.7% | -2.3% | -2.0% |
KNTK Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Kinetik Holdings Inc. carries a Debt/EBITDA ratio of 7.1x, which is highly leveraged (170% above the sector average of 2.6x). Net debt stands at $3.9B ($3.9B total debt minus $4M cash). Interest coverage of 3.5x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.32 | 1.32 | 1.19 | 1.37 | 1.49 | 2.35 | 2.36 | 0.45 | — | — |
| Debt / EBITDA | 7.06 | 7.06 | 7.02 | 8.18 | 8.27 | 7.98 | — | 2.15 | — | — |
| Net Debt / Equity | — | 1.32 | 1.19 | 1.37 | 1.49 | 2.33 | 2.34 | 0.45 | -0.26 | -0.00 |
| Net Debt / EBITDA | 7.05 | 7.05 | 7.01 | 8.17 | 8.25 | 7.91 | — | 2.12 | -4.97 | — |
| Debt / FCF | — | 51.87 | 9.77 | 14.11 | 8.66 | 15.38 | — | — | — | — |
| Interest Coverage | 3.47 | 3.47 | 2.27 | 1.77 | 2.63 | 1.03 | -470.88 | -0.05 | -0.31 | — |
KNTK Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.69x is below 1.0, meaning current liabilities exceed current assets. The current ratio has declined from 1.03x to 0.69x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.69 | 0.69 | 0.70 | 1.03 | 1.06 | 0.90 | 0.71 | 0.94 | 4.75 | 0.05 |
| Quick Ratio | 0.68 | 0.68 | 0.70 | 1.03 | 1.06 | 0.90 | 0.70 | 0.82 | 4.69 | 0.04 |
| Cash Ratio | 0.01 | 0.01 | 0.01 | 0.02 | 0.03 | 0.08 | 0.12 | 0.18 | 4.57 | 0.00 |
| Asset Turnover | — | 0.24 | 0.22 | 0.19 | 0.20 | 0.19 | 0.11 | 0.25 | 0.31 | 0.02 |
| Inventory Turnover | 313.04 | 313.04 | — | — | — | — | 320.91 | 67.78 | 91.81 | 30.40 |
| Days Sales Outstanding | — | 51.82 | 27.55 | 62.67 | 61.37 | 98.19 | 79.75 | 19.91 | 6.97 | 130.70 |
KNTK Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Kinetik Holdings Inc. returns 22.4% to shareholders annually — split between a 17.0% dividend yield and 5.4% buyback yield. The payout ratio exceeds 100% at 280.5%, meaning the company is paying out more than it earns — this level is unsustainable long-term without earnings recovery. The earnings yield of 5.6% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 17.0% | 22.1% | 5.1% | 4.7% | 2.9% | 4.4% | — | 13.5% | — | — |
| Payout Ratio | 280.5% | 280.5% | 71.7% | 21.2% | 29.0% | 3454.0% | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 5.6% | 7.3% | 1.8% | 7.5% | 4.5% | 0.1% | — | — | — | — |
| FCF Yield | 2.3% | 3.3% | 10.6% | 14.7% | 28.6% | 13.2% | — | — | — | — |
| Buyback Yield | 5.4% | 7.8% | 0.0% | 0.3% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 22.4% | 29.9% | 5.1% | 5.1% | 2.9% | 4.4% | 0.0% | 13.5% | 0.0% | 0.0% |
| Shares Outstanding | — | $63M | $60M | $52M | $41M | $38M | $38M | $75M | $38M | $47M |
Peer Comparison
Compare KNTK with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 KNTKYou | $3B | 17.9 | 13.0 | 43.4 | 18.4% | 9.3% | 6.0% | 1.9% | 7.1 |
 HESM | $8B | 13.0 | 9.4 | 10.6 | 63.9% | 62.2% | 78.1% | 18.6% | 3.1 |
 DKL | $3B | 15.0 | 8.6 | — | 20.9% | 18.0% | 847.5% | 14.1% | 0.1 |
 WES | $17B | 14.3 | 10.9 | 11.6 | 68.5% | 41.3% | 31.0% | 10.5% | 3.9 |
 TRGP | $57B | 31.0 | 14.9 | 97.2 | 26.5% | 20.1% | 48.4% | 13.2% | 3.5 |
 AM | $10B | 25.4 | 15.8 | 13.5 | 65.3% | 51.2% | 20.2% | 9.4% | 3.8 |
 DT | $12B | 74.9 | 37.7 | 22.4 | 81.6% | 13.1% | 6.2% | 11.8% | 0.6 |
 MPLX | $58B | 11.8 | 13.4 | 14.1 | 45.2% | 40.3% | 34.4% | 9.9% | 4.3 |
 CTRA | $25B | 14.5 | 5.9 | 15.1 | 60.4% | 89.1% | 12.3% | 10.9% | 0.8 |
 OXY | $52B | 32.3 | 6.5 | 12.6 | 33.8% | 17.2% | 6.7% | 4.7% | 2.1 |
 CVX | $349B | 26.4 | 10.5 | 21.0 | 30.4% | 9.0% | 7.1% | 6.2% | 1.3 |
| Energy Median | — | 15.8 | 7.9 | 13.9 | 33.6% | 13.9% | 7.1% | 6.2% | 2.6 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 9 years · Updated daily
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
10-year return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
Compare
KNTK — Frequently Asked Questions
Quick answers to the most common questions about buying KNTK stock.
What is Kinetik Holdings Inc.'s P/E ratio?
Kinetik Holdings Inc.'s current P/E ratio is 17.9x. The historical average is 26.2x. This places it at the 50th percentile of its historical range.
What is Kinetik Holdings Inc.'s EV/EBITDA?
Kinetik Holdings Inc.'s current EV/EBITDA is 13.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 14.4x.
What is Kinetik Holdings Inc.'s ROE?
Kinetik Holdings Inc.'s return on equity (ROE) is 6.0%. The historical average is -11.5%.
Is KNTK stock overvalued?
Based on historical data, Kinetik Holdings Inc. is trading at a P/E of 17.9x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Kinetik Holdings Inc.'s dividend yield?
Kinetik Holdings Inc.'s current dividend yield is 16.97% with a payout ratio of 280.5%.
What are Kinetik Holdings Inc.'s profit margins?
Kinetik Holdings Inc. has 18.4% gross margin and 9.3% operating margin.
How much debt does Kinetik Holdings Inc. have?
Kinetik Holdings Inc.'s Debt/EBITDA ratio is 7.1x, indicating high leverage. A ratio above 4x may signal elevated financial risk.