Kinetik (KNTK) Financials

$44.84 +0.43 (+0.97%)

As of 05/23/2025

Annual Income Statements for Kinetik

This table shows Kinetik's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017
Net Income / (Loss) Attributable to Common Shareholders	80	289	41	0.00	0.00	-358	-4.39	-19
Consolidated Net Income / (Loss)	244	386	251	1.48	-1,156	-1,328	-0.24	-19
Net Income / (Loss) Continuing Operations	244	386	241	1.48	-1,156	-1,328	-0.24	-19
Total Pre-Tax Income	267	154	253	3.35	-1,155	-1,263	-11	-12
Total Operating Income	179	159	150	53	-1,020	-1,286	-12	-12
Total Gross Profit	862	741	672	428	345	80	23	-1.46
Total Revenue	1,483	1,256	1,213	662	410	136	77	15
Operating Revenue	1,483	1,256	1,213	662	410	136	77	15
Total Cost of Revenue	621	516	542	234	65	56	54	17
Operating Cost of Revenue	621	516	542	234	65	56	54	17
Total Operating Expenses	683	581	521	375	1,366	1,366	35	10
Selling, General & Admin Expense	330	259	232	119	117	10	7.37	3.99
Depreciation Expense	324	281	260	244	224	41	20	5.99
Other Operating Expenses / (Income)	25	22	17	12	11	13	7.63	0.10
Other Special Charges / (Income)	4.04	19	13	0.38	3.45	-	-	-
Total Other Income / (Expense), net	88	-5.71	93	-50	-134	23	1.50	0.00
Interest Expense	0.53	1.88	28	-0.00	-0.87	1.79	0.11	0.00
Interest & Investment Income	89	-3.84	32	-50	-135	23	1.61	0.00
Other Income / (Expense), net	0.00	0.00	89	0.00	-	2.09	0.00	0.00
Income Tax Expense	23	-233	2.62	1.87	0.97	65	-11	7.04
Preferred Stock Dividends Declared	0.00	0.00	-9.58	0.00	0.00	-	-	-
Net Income / (Loss) Attributable to Noncontrolling Interest	0.00	0.00	115	0.00	0.00	39	0.00	0.00
Other Adjustments to Net Income / (Loss) Attributable to Common Shareholders)	164	97	95	1.48	-1,156	-1,008	4.15	0.00
Basic Earnings per Share	$1.03	$5.25	$1.47	$0.00	$0.00	($95.70)	($0.51)	($0.30)
Weighted Average Basic Shares Outstanding	59.28M	51.82M	41.63M	0.00	0.00	3.75M	8.66M	62.26M
Diluted Earnings per Share	$1.02	$2.52	$1.47	$0.00	$0.00	($95.70)	($0.51)	($0.30)
Weighted Average Diluted Shares Outstanding	60.12M	146.20M	41.67M	0.00	0.00	3.75M	8.66M	62.26M
Weighted Average Basic & Diluted Shares Outstanding	157.77M	151.21M	143.04M	16.25M	16.25M	324.93M	324.93M	10.68M

This table shows Kinetik's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	6.13	5.51	26	37	12	247	16	25	1.44	266	15
Consolidated Net Income / (Loss)	19	16	84	109	35	267	43	72	4.30	48	49
Net Income / (Loss) Continuing Operations	19	16	84	109	35	267	43	72	4.30	295	49
Total Pre-Tax Income	22	18	92	118	39	32	44	72	4.72	305	51
Total Operating Income	19	24	73	57	26	56	38	37	27	296	46
Total Gross Profit	220	210	252	213	188	207	183	186	165	275	180
Total Revenue	443	386	396	359	341	349	330	296	281	551	325
Operating Revenue	443	386	396	359	341	349	330	296	281	551	325
Total Cost of Revenue	223	176	145	147	154	142	148	110	116	276	145
Operating Cost of Revenue	223	176	145	147	154	142	148	110	116	-	145
Total Operating Expenses	201	186	179	156	162	151	144	148	138	-21	134
Selling, General & Admin Expense	101	92	85	75	78	67	66	63	63	58	59
Depreciation Expense	93	88	88	75	74	73	70	69	69	68	65
Other Operating Expenses / (Income)	6.79	6.31	5.90	6.21	6.29	6.67	5.61	3.89	5.46	-	5.90
Other Special Charges / (Income)	-0.04	-0.05	0.00	-0.08	4.17	4.24	2.93	12	0.10	0.01	3.95
Total Other Income / (Expense), net	2.55	-5.67	19	62	13	-24	6.03	35	-23	-1.27	5.03
Interest & Investment Income	2.55	-5.67	19	62	13	-22	6.03	35	-23	3.82	4.54
Income Tax Expense	2.57	1.77	8.26	9.21	3.79	-235	1.30	0.31	0.42	0.37	1.41
Other Adjustments to Net Income / (Loss) Attributable to Common Shareholders)	13	11	58	72	24	20	28	47	2.86	70	34
Basic Earnings per Share	$0.05	$0.02	$0.35	$0.54	$0.12	$4.77	$0.21	$0.41	($0.06)	$6.39	$1.04
Weighted Average Basic Shares Outstanding	60.16M	59.28M	59.81M	59.79M	57.87M	51.82M	53.34M	50.55M	47.61M	41.63M	41.82M
Diluted Earnings per Share	$0.05	$0.01	$0.35	$0.54	$0.12	$4.77	$0.21	$0.41	($0.06)	$6.39	$1.04
Weighted Average Diluted Shares Outstanding	61.00M	60.12M	60.42M	60.28M	58.39M	146.20M	53.46M	50.63M	47.83M	41.67M	41.86M
Weighted Average Basic & Diluted Shares Outstanding	157.96M	157.77M	157.54M	157.52M	153.66M	151.21M	148.61M	146.06M	143.15M	143.04M	137.35M

This table details how cash moves in and out of Kinetik's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017
Net Change in Cash & Equivalents	-0.90	-1.88	-12	-0.86	-31	-444	450	0.00
Net Cash From Operating Activities	637	584	613	236	102	76	0.66	0.00
Net Cash From Continuing Operating Activities	637	584	613	236	102	76	0.66	0.00
Net Income / (Loss) Continuing Operations	244	386	251	1.48	-1,156	-1,328	-0.24	-19
Consolidated Net Income / (Loss)	244	386	251	1.48	-1,156	-1,328	-0.24	-19
Depreciation Expense	324	281	260	244	224	41	20	5.99
Amortization Expense	14	13	11	15	14	-	-	-
Non-Cash Adjustments To Reconcile Net Income	71	130	56	-1.18	1,020	1,286	-5.36	4.18
Changes in Operating Assets and Liabilities, net	-16	-226	34	-23	0.58	77	-14	8.41
Net Cash From Investing Activities	-177	-686	-286	-100	-506	-1,504	-175	0.00
Net Cash From Continuing Investing Activities	-177	-686	-286	-100	-199	-1,504	-175	0.00
Purchase of Property, Plant & Equipment	-264	-313	-206	-78	-181	-343	-84	0.00
Acquisitions	-12	-17	-15	-4.68	-18	-671	-91	0.00
Purchase of Investments	-85	0.00	0.00	-	-	-	-	-
Sale of Property, Plant & Equipment	0.41	0.36	0.22	3.61	0.00	-	-	-
Divestitures	183	-125	13	0.00	0.00	13	0.00	0.00
Other Investing Activities, net	0.79	-232	-78	-21	0.00	-504	0.00	0.00
Net Cash From Financing Activities	-461	100	-339	-137	373	983	624	0.00
Net Cash From Continuing Financing Activities	-461	100	-339	-137	373	983	624	0.00
Repayment of Debt	-1,281	-1,365	-3,210	-169	-204	-0.79	-3.78	0.00
Repurchase of Preferred Equity	0.00	0.00	-183	0.00	0.00	-	-	-
Repurchase of Common Equity	0.00	-5.76	-461	0.00	0.00	-	-	-
Payment of Dividends	-175	-81	-48	0.00	0.00	0.00	0.00	-
Issuance of Debt	1,216	1,553	3,565	69	376	396	0.00	0.00
Other Financing Activities, net	-221	-0.70	-1.23	-51	-79	-23	0.00	0.00
Cash Interest Paid	245	208	120	108	105	0.90	0.00	0.00
Cash Income Taxes Paid	0.56	0.48	0.00	0.00	-	-	-	-

This table details how cash moves in and out of Kinetik's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	5.24	-17	7.89	2.79	5.25	4.44	-2.17	0.25	-4.41	-5.33	6.41
Net Cash From Operating Activities	177	144	214	126	154	179	175	111	120	160	184
Net Cash From Continuing Operating Activities	177	144	214	126	154	179	175	111	120	160	184
Net Income / (Loss) Continuing Operations	19	16	84	109	35	267	43	72	4.30	48	49
Consolidated Net Income / (Loss)	19	16	84	109	35	267	43	72	4.30	48	49
Depreciation Expense	93	88	88	75	74	73	70	69	69	68	65
Amortization Expense	3.63	3.60	3.57	3.54	3.35	3.25	3.20	3.19	3.18	1.98	1.96
Non-Cash Adjustments To Reconcile Net Income	25	19	49	-46	49	65	-14	27	52	22	39
Changes in Operating Assets and Liabilities, net	36	17	-9.50	-16	-7.85	-229	73	-60	-9.01	19	29
Net Cash From Investing Activities	-260	-111	-109	105	-62	-104	-135	-201	-246	-70	-147
Net Cash From Continuing Investing Activities	-260	-111	-109	105	-62	-104	-135	-201	-246	-70	-147
Purchase of Property, Plant & Equipment	-75	-108	-58	-39	-58	-67	-86	-101	-59	-46	-89
Acquisitions	-185	337	3.11	-350	-2.22	123	-1.12	-4.20	-135	-15	8.59
Sale of Property, Plant & Equipment	0.05	0.08	-	0.08	0.25	0.15	0.06	0.14	0.01	0.03	0.03
Other Investing Activities, net	-0.33	1.27	1.55	1.24	-3.27	-35	-203	64	-59	-78	2.68
Net Cash From Financing Activities	89	-50	-97	-228	-86	-71	-42	90	122	-95	-31
Net Cash From Continuing Financing Activities	88	-50	-97	-228	-86	-71	-42	90	122	-95	-31
Repayment of Debt	-435	-166	-199	-825	-91	-927	-130	-183	-125	-108	-55
Payment of Dividends	-47	-47	-45	-45	-39	-23	-21	-20	-17	-14	-15
Issuance of Debt	647	239	220	713	44	880	110	296	267	28	530
Other Financing Activities, net	-76	-76	-73	-71	-0.72	-0.17	-	-	-0.17	-	-
Cash Interest Paid	24	78	26	83	57	42	40	89	37	44	24

This table presents Kinetik's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016
Total Assets	6,815	6,497	5,920	3,553	1,800	1,501	1,857	706	0.05
Total Current Assets	295	257	242	218	43	32	468	6.17	0.01
Cash & Equivalents	3.61	4.51	6.39	19	24	5.98	450	0.00	0.01
Accounts Receivable	252	216	204	178	13	21	11	5.42	-
Prepaid Expenses	37	29	24	21	2.13	1.07	1.38	0.00	0.00
Other Current Assets	2.31	7.81	6.96	0.00	-	-	-	-	-
Plant, Property, & Equipment, net	3,434	2,743	2,535	1,839	196	206	1,227	700	0.00
Total Noncurrent Assets	3,086	3,496	3,143	1,496	1,561	1,263	162	0.00	0.04
Long-Term Investments	2,118	2,541	2,381	626	1,555	1,258	91	0.00	-
Goodwill	5.08	5.08	5.08	0.00	-	-	-	-	-
Intangible Assets	652	592	695	786	-	-	-	-	-
Noncurrent Deferred & Refundable Income Taxes	204	236	0.00	-	-	-	68	0.00	-
Other Noncurrent Operating Assets	107	123	61	84	5.84	5.27	3.73	0.00	0.04
Total Liabilities & Shareholders' Equity	6,815	6,497	5,920	3,553	1,800	1,501	1,857	706	0.05
Total Liabilities	3,836	3,870	3,647	2,546	863	597	131	150	0.02
Total Current Liabilities	419	250	228	241	30	34	99	124	0.02
Short-Term Debt	140	0.00	-	54	-	9.77	0.00	-	0.02
Accounts Payable	27	34	18	12	19	0.00	14	0.00	-
Accrued Expenses	187	177	174	136	-	-	-	-	0.00
Other Current Liabilities	64	39	36	39	5.61	24	85	124	-
Total Noncurrent Liabilities	3,417	3,620	3,419	2,305	833	564	32	25	0.00
Long-Term Debt	3,364	3,563	3,369	2,253	624	396	0.00	-	-
Noncurrent Deferred & Payable Income Tax Liabilities	17	13	11	7.19	-	-	2.64	7.04	-
Other Noncurrent Operating Liabilities	37	44	40	44	145	108	0.00	-	0.00
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-
Redeemable Noncontrolling Interest	5,956	3,158	3,112	1,007	1,184	1,257	1,941	0.00	0.00
Total Equity & Noncontrolling Interests	-2,977	-531	-840	0.01	-247	-353	-214	556	0.02
Total Preferred & Common Equity	-2,977	-531	-840	0.01	-247	-353	-214	556	0.02
Total Common Equity	-2,977	-531	-840	0.01	-247	-353	-214	556	0.02
Common Stock	0.02	193	119	0.01	122	40	0.03	575	0.03
Retained Earnings	-2,977	-724	-959	0.00	-369	-393	-214	-19	-0.00
Other Equity Adjustments	0.00	0.00	-	-	-	-	-	-	-

This table presents Kinetik's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	7,031	6,860	6,860	6,448	6,286	6,227	6,125	6,007
Total Current Assets	315	286	299	257	288	248	246	319
Cash & Equivalents	8.85	20	13	9.76	0.07	2.24	1.98	12
Accounts Receivable	271	216	243	210	231	182	199	270
Prepaid Expenses	33	44	32	27	36	36	31	37
Other Current Assets	2.29	6.28	11	10	22	28	14	-
Plant, Property, & Equipment, net	3,641	3,227	3,193	2,747	2,720	2,692	2,634	2,529
Total Noncurrent Assets	3,075	3,348	3,368	3,443	3,277	3,287	3,244	3,160
Long-Term Investments	2,112	2,142	2,076	2,526	2,519	2,490	2,413	2,373
Goodwill	5.08	5.08	15	5.08	5.08	5.08	5.08	4.56
Intangible Assets	634	878	936	563	621	650	677	722
Noncurrent Deferred & Refundable Income Taxes	208	204	211	238	-	-	-	-
Other Noncurrent Operating Assets	116	119	129	110	132	142	150	60
Total Liabilities & Shareholders' Equity	7,031	6,860	6,860	6,448	6,286	6,227	6,125	6,007
Total Liabilities	4,130	3,798	3,778	3,796	3,916	3,890	3,850	3,780
Total Current Liabilities	475	399	399	234	251	199	248	285
Short-Term Debt	149	150	149	-	-	-	-	0.00
Accounts Payable	39	17	44	16	18	36	18	16
Accrued Expenses	234	192	157	170	188	112	176	235
Other Current Liabilities	54	40	48	47	45	51	54	34
Total Noncurrent Liabilities	3,654	3,399	3,379	3,562	3,664	3,691	3,602	3,495
Long-Term Debt	3,568	3,280	3,258	3,517	3,607	3,626	3,512	3,448
Noncurrent Deferred & Payable Income Tax Liabilities	18	16	15	14	13	12	11	13
Other Noncurrent Operating Liabilities	68	104	105	31	45	53	79	35
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	5,451	4,783	4,290	3,625	3,209	3,243	2,911	3,062
Total Equity & Noncontrolling Interests	-2,550	-1,721	-1,207	-973	-838	-906	-636	-835
Total Preferred & Common Equity	-2,550	-1,721	-1,207	-973	-838	-906	-636	-835
Total Common Equity	-2,550	-1,721	-1,207	-973	-838	-906	-636	-835
Common Stock	67	0.02	0.02	0.02	92	0.01	230	107
Retained Earnings	-2,617	-1,721	-1,207	-973	-930	-902	-863	-942
Other Equity Adjustments	0.00	0.00	0.00	-	-	-	-	-

This table displays calculated financial ratios and metrics derived from Kinetik's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017
Growth Metrics	-	-	-	-	-	-	-	-
Revenue Growth	18.03%	3.54%	83.29%	61.40%	202.05%	76.94%	406.87%	0.00%
EBITDA Growth	14.22%	-11.38%	63.76%	139.87%	36.97%	-15,971.00%	241.21%	0.00%
EBIT Growth	12.54%	-33.52%	347.81%	105.24%	20.51%	-10,386.91%	-6.13%	0.00%
NOPAT Growth	-59.14%	169.13%	528.82%	103.32%	20.63%	-10,403.97%	-6.13%	0.00%
Net Income Growth	-36.80%	54.14%	16,817.75%	100.13%	12.95%	-555,431.38%	98.71%	0.00%
EPS Growth	-59.52%	71.43%	0.00%	100.13%	12.95%	-555,431.38%	98.71%	0.00%
Operating Cash Flow Growth	9.05%	-4.65%	160.22%	130.73%	33.86%	11,439.03%	0.00%	0.00%
Free Cash Flow Firm Growth	-5,669.34%	102.29%	83.67%	-305.83%	-372.62%	137.67%	0.00%	0.00%
Invested Capital Growth	19.69%	12.01%	21.84%	19,736.59%	-130.04%	-96.18%	113.25%	0.00%
Revenue Q/Q Growth	2.55%	-13.85%	38.81%	-15.86%	170.85%	60.05%	17.72%	0.00%
EBITDA Q/Q Growth	-3.16%	-34.04%	120.11%	148.82%	33.07%	-24,724.60%	131.50%	0.00%
EBIT Q/Q Growth	-15.34%	-60.12%	616.77%	105.24%	14.59%	-3,180.11%	50.74%	0.00%
NOPAT Q/Q Growth	-56.01%	0.94%	251.44%	103.31%	14.59%	-3,185.44%	50.74%	0.00%
Net Income Q/Q Growth	-50.70%	130.64%	27.70%	100.13%	0.00%	0.00%	98.94%	0.00%
EPS Q/Q Growth	-81.04%	-56.40%	127.27%	100.13%	0.00%	0.00%	98.94%	0.00%
Operating Cash Flow Q/Q Growth	-5.19%	3.38%	15.78%	89.98%	-41.42%	90.22%	-16.29%	0.00%
Free Cash Flow Firm Q/Q Growth	-10.89%	-95.67%	87.19%	-255.94%	-215.05%	123.28%	0.00%	0.00%
Invested Capital Q/Q Growth	0.74%	5.38%	-1.13%	128,350.86%	60.42%	-96.70%	223.82%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-
Gross Margin	58.15%	58.95%	55.38%	64.71%	84.14%	58.87%	29.74%	-9.61%
EBITDA Margin	34.90%	36.06%	42.13%	47.16%	-190.89%	-914.76%	10.20%	-36.61%
Operating Margin	12.09%	12.68%	12.40%	8.08%	-248.79%	-946.84%	-15.95%	-76.17%
EBIT Margin	12.09%	12.68%	19.74%	8.08%	-248.79%	-945.30%	-15.95%	-76.17%
Profit (Net Income) Margin	16.47%	30.76%	20.66%	0.22%	-281.78%	-977.72%	-0.31%	-122.67%
Tax Burden Percent	91.38%	251.69%	98.97%	44.28%	100.08%	105.14%	2.23%	161.05%
Interest Burden Percent	149.12%	96.41%	105.76%	6.26%	113.17%	98.37%	87.74%	100.00%
Effective Tax Rate	8.62%	-151.69%	1.03%	55.72%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	4.09%	11.62%	5.03%	1.78%	-4,512.23%	-146.23%	-0.98%	-1.45%
ROIC Less NNEP Spread (ROIC-NNEP)	10.80%	10.18%	12.73%	-4.44%	-4,463.40%	-85.10%	-4.06%	0.00%
Return on Net Nonoperating Assets (RNNOA)	4.62%	4.15%	10.26%	-1.63%	4,386.58%	45.27%	0.96%	0.00%
Return on Equity (ROE)	8.71%	15.77%	15.29%	0.15%	-125.65%	-100.96%	-0.02%	0.00%
Cash Return on Invested Capital (CROIC)	-13.83%	0.29%	-14.66%	-99.62%	0.00%	39.06%	-73.29%	0.00%
Operating Return on Assets (OROA)	2.69%	2.57%	5.06%	2.00%	-61.84%	-76.45%	-0.96%	-3.27%
Return on Assets (ROA)	3.67%	6.22%	5.29%	0.06%	-70.04%	-79.07%	-0.02%	-5.26%
Return on Common Equity (ROCE)	-5.45%	-4.41%	-3.92%	-0.02%	41.01%	21.75%	0.00%	0.00%
Return on Equity Simple (ROE_SIMPLE)	-8.21%	-72.80%	-29.86%	0.00%	467.26%	376.04%	0.11%	-3.34%
Net Operating Profit after Tax (NOPAT)	164	401	149	24	-714	-900	-8.57	-8.07
NOPAT Margin	11.04%	31.90%	12.27%	3.58%	-174.15%	-662.79%	-11.16%	-53.32%
Net Nonoperating Expense Percent (NNEP)	-6.70%	1.44%	-7.70%	6.22%	-48.83%	-61.13%	3.08%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	31.04%	13.22%	5.89%	-	-	-	-	-
Cost of Revenue to Revenue	41.85%	41.05%	44.62%	35.29%	15.86%	41.13%	70.26%	109.61%
SG&A Expenses to Revenue	22.26%	20.65%	19.08%	18.05%	28.43%	7.59%	9.60%	26.36%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	46.06%	46.28%	42.97%	56.63%	332.93%	1,005.71%	45.69%	66.56%
Earnings before Interest and Taxes (EBIT)	179	159	240	53	-1,020	-1,284	-12	-12
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	517	453	511	312	-783	-1,242	7.83	-5.54
Valuation Ratios	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	80,438.25	0.00	0.00	0.00	0.61
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.61
Price to Revenue (P/Rev)	5.95	3.62	3.12	1.22	1.38	5.03	3.49	22.24
Price to Earnings (P/E)	110.30	15.71	93.03	0.00	0.00	0.00	0.00	0.00
Dividend Yield	6.75%	9.81%	10.87%	12.12%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.91%	6.37%	1.07%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	3.71	2.39	2.42	1.30	0.00	23.90	1.41	0.61
Enterprise Value to Revenue (EV/Rev)	10.90	6.94	6.50	5.25	1.94	7.97	21.73	22.24
Enterprise Value to EBITDA (EV/EBITDA)	31.24	19.25	15.42	11.13	0.00	0.00	213.05	0.00
Enterprise Value to EBIT (EV/EBIT)	90.19	54.77	32.91	64.94	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	98.69	21.76	52.93	146.66	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	25.36	14.92	12.86	14.75	7.79	14.18	2,522.78	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	877.30	0.00	0.00	0.00	4.50	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-
Debt to Equity	1.18	1.36	1.48	2.29	0.67	0.45	0.00	0.00
Long-Term Debt to Equity	1.13	1.36	1.48	2.24	0.67	0.44	0.00	0.00
Financial Leverage	0.43	0.41	0.81	0.37	-0.98	-0.53	-0.24	0.00
Leverage Ratio	2.37	2.53	2.89	2.75	1.79	1.28	1.12	1.27
Compound Leverage Factor	3.54	2.44	3.05	0.17	2.03	1.26	0.99	1.27
Debt to Total Capital	54.05%	57.56%	59.71%	69.62%	40.00%	30.99%	0.00%	0.00%
Short-Term Debt to Total Capital	2.16%	0.00%	0.00%	1.64%	0.00%	0.75%	0.00%	0.00%
Long-Term Debt to Total Capital	51.89%	57.56%	59.71%	67.99%	40.00%	30.25%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	91.86%	51.02%	55.17%	30.38%	75.86%	95.98%	112.38%	0.00%
Common Equity to Total Capital	-45.91%	-8.58%	-14.89%	0.00%	-15.85%	-26.97%	-12.38%	100.00%
Debt to EBITDA	6.77	7.86	6.59	7.39	-0.80	-0.33	0.00	0.00
Net Debt to EBITDA	2.67	2.25	1.92	5.32	1.22	0.69	0.00	0.00
Long-Term Debt to EBITDA	6.50	7.86	6.59	7.22	-0.80	-0.32	0.00	0.00
Debt to NOPAT	21.40	8.89	22.62	97.43	-0.87	-0.45	0.00	0.00
Net Debt to NOPAT	8.44	2.54	6.59	70.19	1.34	0.95	0.00	0.00
Long-Term Debt to NOPAT	20.54	8.89	22.62	95.14	-0.87	-0.44	0.00	0.00
Altman Z-Score	1.05	0.82	0.74	0.42	-1.53	-2.41	1.33	1.08
Noncontrolling Interest Sharing Ratio	162.56%	127.97%	125.61%	112.73%	132.64%	121.55%	85.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-
Current Ratio	0.70	1.03	1.06	0.90	1.43	0.94	4.75	0.05
Quick Ratio	0.61	0.88	0.92	0.82	1.24	0.79	4.68	0.04
Cash Flow Metrics	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-554	9.94	-434	-2,660	-655	240	-638	0.00
Operating Cash Flow to CapEx	242.21%	187.03%	297.66%	316.55%	56.28%	22.26%	0.79%	0.00%
Free Cash Flow to Firm to Interest Expense	-1,054.66	5.30	-15.52	0.00	0.00	134.17	-5,965.14	0.00
Operating Cash Flow to Interest Expense	1,213.99	311.56	21.91	0.00	0.00	42.56	6.18	0.00
Operating Cash Flow Less CapEx to Interest Expense	712.78	144.98	14.55	0.00	0.00	-148.65	-778.87	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-
Asset Turnover	0.22	0.20	0.26	0.25	0.25	0.08	0.06	0.04
Accounts Receivable Turnover	6.34	5.99	6.35	6.93	24.48	8.60	9.40	0.00
Inventory Turnover	0.00	0.00	0.00	0.00	17.07	11.37	16.48	0.00
Fixed Asset Turnover	0.48	0.48	0.55	0.65	2.04	0.19	0.08	0.00
Accounts Payable Turnover	20.27	19.87	35.96	15.09	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	57.58	60.97	57.47	52.64	14.91	42.43	38.84	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	21.39	32.11	22.15	0.00
Days Payable Outstanding (DPO)	18.01	18.37	10.15	24.19	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	39.57	42.61	47.32	28.45	36.30	74.54	61.00	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-
Invested Capital	4,362	3,644	3,253	2,670	-14	45	1,186	556
Invested Capital Turnover	0.37	0.36	0.41	0.50	25.91	0.22	0.09	0.03
Increase / (Decrease) in Invested Capital	717	391	583	2,684	-59	-1,140	630	0.00
Enterprise Value (EV)	16,164	8,722	7,883	3,474	795	1,082	1,668	337
Market Capitalization	8,826	4,547	3,790	804	567	683	268	337
Book Value per Share	($18.89)	($3.57)	($6.11)	$0.00	($15.23)	($1.09)	($4.53)	$11.79
Tangible Book Value per Share	($23.07)	($7.59)	($11.21)	($48.38)	($15.23)	($1.09)	($4.53)	$11.79
Total Capital	6,483	6,190	5,641	3,315	1,560	1,309	1,727	556
Total Debt	3,504	3,563	3,369	2,308	624	406	0.00	0.00
Total Long-Term Debt	3,364	3,563	3,369	2,253	624	396	0.00	0.00
Net Debt	1,383	1,017	981	1,662	-955	-858	-541	0.00
Capital Expenditures (CapEx)	263	313	206	74	181	343	84	0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	13	2.65	7.65	12	-11	1.83	-80	-118
Debt-free Net Working Capital (DFNWC)	16	7.16	14	31	13	7.81	370	-118
Net Working Capital (NWC)	-124	7.16	14	-23	13	-1.96	370	-118
Net Nonoperating Expense (NNE)	-80	14	-102	22	441	428	-8.33	11
Net Nonoperating Obligations (NNO)	1,383	1,017	981	1,663	-950	-858	-541	0.00
Total Depreciation and Amortization (D&A)	338	294	272	259	237	41	20	5.99
Debt-free, Cash-free Net Working Capital to Revenue	0.86%	0.21%	0.63%	1.83%	-2.78%	1.35%	-104.79%	-781.31%
Debt-free Net Working Capital to Revenue	1.11%	0.57%	1.16%	4.66%	3.12%	5.75%	481.45%	-781.31%
Net Working Capital to Revenue	-8.35%	0.57%	1.16%	-3.54%	3.12%	-1.44%	481.45%	-781.31%
Earnings Adjustments	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.03	$5.25	$1.48	($1.86)	$0.21	($49.30)	($0.30)	($0.20)
Adjusted Weighted Average Basic Shares Outstanding	59.28M	51.82M	41.33M	7.49M	0.00	7.49M	17.31M	4.72M
Adjusted Diluted Earnings per Share	$1.02	$2.52	$1.48	($1.93)	$0.14	($49.30)	($0.30)	($0.20)
Adjusted Weighted Average Diluted Shares Outstanding	60.12M	146.20M	41.36M	32.49M	32.49M	7.49M	17.31M	4.72M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	($0.20)
Adjusted Weighted Average Basic & Diluted Shares Outstanding	157.77M	151.21M	143.04M	32.49M	32.49M	32.49M	32.49M	1.07M
Normalized Net Operating Profit after Tax (NOPAT)	167	125	161	38	-4.37	10	-8.57	-8.07
Normalized NOPAT Margin	11.29%	9.95%	13.30%	5.70%	-1.07%	7.70%	-11.16%	-53.32%
Pre Tax Income Margin	18.02%	12.22%	20.88%	0.51%	-281.54%	-929.93%	-13.99%	-76.17%
Debt Service Ratios	-	-	-	-	-	-	-	-
EBIT to Interest Expense	341.40	84.89	8.56	0.00	0.00	-716.35	-114.40	0.00
NOPAT to Interest Expense	311.97	213.66	5.32	0.00	0.00	-502.26	-80.08	0.00
EBIT Less CapEx to Interest Expense	-159.81	-81.69	1.20	0.00	0.00	-907.56	-899.45	0.00
NOPAT Less CapEx to Interest Expense	-189.24	47.08	-2.04	0.00	0.00	-693.47	-865.13	0.00
Payout Ratios	-	-	-	-	-	-	-	-
Dividend Payout Ratio	71.74%	21.05%	19.18%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	71.74%	22.54%	203.23%	0.00%	0.00%	0.00%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Kinetik's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	29.84%	10.56%	20.00%	21.35%	21.48%	-36.67%	1.58%	-11.73%	14,880.81%	160.35%	95.20%
EBITDA Growth	12.15%	-12.78%	47.06%	22.76%	3.79%	-63.39%	-1.52%	-46.88%	158.35%	340.75%	46.20%
EBIT Growth	-26.13%	-57.84%	89.78%	51.09%	-4.27%	-80.72%	-17.04%	-72.69%	111.60%	5,442.45%	188.58%
NOPAT Growth	-27.85%	-95.39%	77.94%	39.91%	-5.15%	56.49%	-16.30%	-8.06%	115.30%	7,946.29%	249.87%
Net Income Growth	-45.60%	-93.93%	93.95%	52.02%	723.61%	451.68%	-12.73%	-45.48%	-79.90%	917.51%	965.13%
EPS Growth	-58.33%	-99.79%	66.67%	31.71%	300.00%	-25.35%	-79.81%	583.33%	-160.00%	0.00%	0.00%
Operating Cash Flow Growth	15.05%	-19.51%	22.69%	12.62%	28.53%	11.98%	-5.31%	-34.64%	21.54%	109.61%	182.97%
Free Cash Flow Firm Growth	-257.18%	-1,065.38%	-517.58%	-506.70%	11.73%	125.09%	95.99%	95.54%	91.77%	89.28%	-16,521.57%
Invested Capital Growth	23.80%	19.69%	25.20%	26.83%	7.74%	12.01%	5.10%	5.54%	9.54%	21.84%	158,145.05%
Revenue Q/Q Growth	14.92%	-2.69%	10.27%	5.29%	-2.14%	5.62%	11.51%	5.40%	-48.98%	69.41%	-3.10%
EBITDA Q/Q Growth	0.32%	-29.76%	21.33%	31.17%	-21.98%	18.44%	1.28%	10.91%	-72.48%	218.62%	-45.37%
EBIT Q/Q Growth	-18.55%	-67.52%	28.78%	116.80%	-53.50%	46.19%	2.53%	37.37%	-90.64%	528.97%	-66.25%
NOPAT Q/Q Growth	-20.27%	-67.83%	27.12%	121.28%	-94.91%	1,142.14%	-0.05%	50.01%	-91.60%	564.37%	9.80%
Net Income Q/Q Growth	18.73%	-80.61%	-23.22%	207.70%	-86.76%	519.87%	-39.82%	1,567.09%	-91.13%	-1.94%	-62.40%
EPS Q/Q Growth	400.00%	-97.14%	-35.19%	350.00%	-97.48%	2,171.43%	-48.78%	783.33%	-100.94%	514.42%	1,633.33%
Operating Cash Flow Q/Q Growth	22.81%	-32.76%	70.60%	-18.34%	-14.08%	2.50%	56.60%	-6.80%	-25.14%	-13.33%	8.09%
Free Cash Flow Firm Q/Q Growth	-21.76%	13.55%	8.38%	-270.39%	-429.09%	155.30%	10.00%	46.11%	6.45%	91.15%	-0.06%
Invested Capital Q/Q Growth	3.10%	0.74%	-1.63%	21.18%	-0.33%	5.38%	-0.35%	2.93%	3.63%	-1.13%	0.07%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	49.61%	54.41%	63.52%	59.24%	54.98%	59.41%	55.27%	62.71%	58.77%	49.89%	55.34%
EBITDA Margin	26.08%	29.87%	41.38%	37.61%	30.19%	37.87%	33.77%	37.18%	35.33%	65.51%	34.83%
Operating Margin	4.35%	6.14%	18.39%	15.74%	7.65%	16.09%	11.63%	12.64%	9.70%	53.78%	14.09%
EBIT Margin	4.35%	6.14%	18.39%	15.74%	7.65%	16.09%	11.63%	12.64%	9.70%	52.85%	14.24%
Profit (Net Income) Margin	4.35%	4.21%	21.11%	30.31%	10.37%	76.63%	13.06%	24.20%	1.53%	8.80%	15.20%
Tax Burden Percent	88.24%	90.14%	91.01%	92.20%	90.34%	824.76%	97.07%	99.57%	91.18%	15.91%	97.23%
Interest Burden Percent	113.22%	76.04%	126.13%	208.81%	150.16%	57.74%	115.71%	192.18%	17.29%	104.60%	109.81%
Effective Tax Rate	11.76%	9.86%	8.99%	7.80%	9.66%	-724.76%	2.93%	0.43%	8.82%	0.12%	2.77%
Return on Invested Capital (ROIC)	1.50%	2.05%	6.21%	5.09%	2.60%	48.35%	4.88%	5.41%	4.09%	22.01%	7.28%
ROIC Less NNEP Spread (ROIC-NNEP)	1.67%	1.62%	7.69%	9.72%	3.74%	28.76%	5.42%	9.26%	1.63%	3.29%	20.62%
Return on Net Nonoperating Assets (RNNOA)	0.78%	0.69%	3.33%	4.40%	1.58%	11.73%	2.54%	3.33%	0.57%	2.65%	0.47%
Return on Equity (ROE)	2.27%	2.74%	9.55%	9.49%	4.17%	60.08%	7.41%	8.75%	4.66%	24.66%	7.75%
Cash Return on Invested Capital (CROIC)	-17.40%	-13.83%	-12.82%	-14.91%	2.58%	0.29%	6.80%	6.58%	3.54%	-14.66%	-103.05%
Operating Return on Assets (OROA)	1.02%	1.37%	4.04%	3.32%	1.60%	3.26%	2.76%	3.01%	2.39%	13.54%	3.16%
Return on Assets (ROA)	1.02%	0.94%	4.64%	6.39%	2.17%	15.51%	3.10%	5.75%	0.38%	2.25%	3.38%
Return on Common Equity (ROCE)	-1.44%	-1.72%	-4.50%	-3.70%	-1.36%	-16.81%	-2.70%	-3.67%	-1.73%	-6.31%	-3.18%
Return on Equity Simple (ROE_SIMPLE)	-8.95%	0.00%	-28.79%	-37.69%	-42.90%	0.00%	-19.99%	-19.19%	-36.72%	0.00%	-23.53%
Net Operating Profit after Tax (NOPAT)	17	21	66	52	24	463	37	37	25	296	45
NOPAT Margin	3.84%	5.53%	16.73%	14.52%	6.91%	132.71%	11.28%	12.59%	8.85%	53.71%	13.70%
Net Nonoperating Expense Percent (NNEP)	-0.17%	0.43%	-1.47%	-4.63%	-1.14%	19.58%	-0.54%	-3.84%	2.47%	18.71%	-13.34%
Return On Investment Capital (ROIC_SIMPLE)	1.46%	4.04%	-	-	-	15.27%	-	-	-	11.70%	-
Cost of Revenue to Revenue	50.39%	45.59%	36.48%	40.76%	45.02%	40.59%	44.73%	37.29%	41.23%	50.11%	44.66%
SG&A Expenses to Revenue	22.83%	23.85%	21.55%	20.91%	22.71%	19.35%	19.88%	21.19%	22.59%	10.60%	18.24%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	45.26%	48.28%	45.14%	43.50%	47.34%	43.31%	43.64%	50.06%	49.07%	-3.89%	41.26%
Earnings before Interest and Taxes (EBIT)	19	24	73	57	26	56	38	37	27	291	46
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	116	115	164	135	103	132	112	110	99	361	113
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	5.08	5.95	4.85	4.53	4.41	3.62	3.07	3.12	2.64	3.12	4.23
Price to Earnings (P/E)	107.88	110.30	21.80	20.06	19.39	15.71	14.51	14.75	13.62	93.03	0.00
Dividend Yield	7.47%	6.75%	6.73%	7.37%	7.81%	9.81%	9.80%	9.46%	10.90%	10.87%	10.96%
Earnings Yield	0.93%	0.91%	4.59%	4.98%	5.16%	6.37%	6.89%	6.78%	7.34%	1.07%	0.00%
Enterprise Value to Invested Capital (EV/IC)	3.36	3.71	3.02	2.70	2.87	2.39	2.54	2.57	2.36	2.42	2.38
Enterprise Value to Revenue (EV/Rev)	9.52	10.90	9.04	8.60	7.91	6.94	6.01	6.13	5.32	6.50	8.95
Enterprise Value to EBITDA (EV/EBITDA)	28.48	31.24	24.45	24.62	22.80	19.25	12.76	12.95	11.53	15.42	33.67
Enterprise Value to EBIT (EV/EBIT)	87.54	90.19	61.73	66.93	65.87	54.77	21.96	21.92	19.38	32.91	0.00
Enterprise Value to NOPAT (EV/NOPAT)	95.92	98.69	35.10	34.46	29.66	21.76	22.08	22.04	19.47	52.93	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	22.85	25.36	19.44	18.75	16.83	14.92	15.51	15.50	12.53	12.86	14.77
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	115.45	877.30	38.22	40.12	69.53	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.28	1.18	1.12	1.11	1.33	1.36	1.52	1.55	1.54	1.48	1.55
Long-Term Debt to Equity	1.23	1.13	1.07	1.06	1.33	1.36	1.52	1.55	1.54	1.48	1.55
Financial Leverage	0.46	0.43	0.43	0.45	0.42	0.41	0.47	0.36	0.35	0.81	0.02
Leverage Ratio	2.43	2.37	2.42	2.41	2.55	2.53	2.67	2.46	2.54	2.89	2.45
Compound Leverage Factor	2.75	1.81	3.05	5.04	3.83	1.46	3.09	4.73	0.44	3.02	2.69
Debt to Total Capital	56.17%	54.05%	52.83%	52.50%	57.02%	57.56%	60.34%	60.81%	60.69%	59.71%	60.75%
Short-Term Debt to Total Capital	2.25%	2.16%	2.31%	2.29%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	53.92%	51.89%	50.52%	50.21%	57.02%	57.56%	60.34%	60.81%	60.69%	59.71%	60.75%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	82.36%	91.86%	73.68%	66.10%	58.76%	51.02%	53.68%	54.38%	50.31%	55.17%	53.96%
Common Equity to Total Capital	-38.53%	-45.91%	-26.50%	-18.60%	-15.78%	-8.58%	-14.02%	-15.19%	-10.99%	-14.89%	-14.71%
Debt to EBITDA	7.01	6.77	6.42	7.07	7.70	7.86	5.25	5.27	5.10	6.59	14.84
Net Debt to EBITDA	3.01	2.67	2.37	2.74	2.15	2.25	1.58	1.65	1.59	1.92	4.58
Long-Term Debt to EBITDA	6.73	6.50	6.14	6.76	7.70	7.86	5.25	5.27	5.10	6.59	14.84
Debt to NOPAT	23.62	21.40	9.21	9.90	10.02	8.89	9.08	8.97	8.61	22.62	-35.06
Net Debt to NOPAT	10.14	8.44	3.40	3.83	2.79	2.54	2.74	2.80	2.69	6.59	-10.81
Long-Term Debt to NOPAT	22.68	20.54	8.81	9.47	10.02	8.89	9.08	8.97	8.61	22.62	-35.06
Altman Z-Score	0.86	0.98	0.98	0.96	0.93	0.77	0.74	0.76	0.67	0.77	0.54
Noncontrolling Interest Sharing Ratio	163.45%	162.56%	147.10%	138.98%	132.68%	127.97%	136.38%	141.99%	137.09%	125.61%	141.02%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.66	0.70	0.72	0.75	1.10	1.03	1.15	1.24	0.99	1.06	1.12
Quick Ratio	0.59	0.61	0.59	0.64	0.94	0.88	0.92	0.92	0.81	0.92	0.99
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-848	-696	-805	-879	-237	72	-130	-145	-269	-287	-3,248
Operating Cash Flow to CapEx	237.35%	133.74%	366.32%	319.45%	266.28%	267.34%	203.98%	110.17%	203.22%	349.95%	207.06%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	-1,674.24	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	239.08	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	164.24	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.24	0.22	0.22	0.21	0.21	0.20	0.24	0.24	0.25	0.26	0.22
Accounts Receivable Turnover	6.59	6.34	6.48	6.50	6.44	5.99	5.83	6.08	6.47	6.35	6.21
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.50	0.48	0.49	0.47	0.49	0.48	0.56	0.56	0.58	0.55	0.64
Accounts Payable Turnover	25.04	20.27	33.72	14.61	31.82	19.87	38.67	27.47	36.76	35.96	0.00
Days Sales Outstanding (DSO)	55.41	57.58	56.31	56.17	56.67	60.97	62.59	60.00	56.44	57.47	58.79
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	14.58	18.01	10.83	24.98	11.47	18.37	9.44	13.29	9.93	10.15	0.00
Cash Conversion Cycle (CCC)	40.84	39.57	45.48	31.19	45.20	42.61	53.15	46.71	46.51	47.32	58.79
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	4,497	4,362	4,330	4,401	3,632	3,644	3,458	3,470	3,371	3,253	3,290
Invested Capital Turnover	0.39	0.37	0.37	0.35	0.38	0.36	0.43	0.43	0.46	0.41	0.53
Increase / (Decrease) in Invested Capital	865	717	872	931	261	391	168	182	294	583	3,293
Enterprise Value (EV)	15,094	16,164	13,068	11,862	10,413	8,722	8,768	8,915	7,944	7,883	7,820
Market Capitalization	8,047	8,826	7,017	6,254	5,808	4,547	4,472	4,539	3,936	3,790	3,695
Book Value per Share	($16.16)	($18.89)	($10.92)	($7.85)	($6.44)	($3.57)	($5.74)	($6.33)	($4.45)	($6.11)	($6.18)
Tangible Book Value per Share	($20.21)	($23.07)	($16.53)	($14.05)	($10.19)	($7.59)	($10.02)	($10.90)	($9.21)	($11.21)	($11.57)
Total Capital	6,618	6,483	6,492	6,490	6,168	6,190	5,977	5,963	5,786	5,641	5,675
Total Debt	3,717	3,504	3,430	3,407	3,517	3,563	3,607	3,626	3,512	3,369	3,448
Total Long-Term Debt	3,568	3,364	3,280	3,258	3,517	3,563	3,607	3,626	3,512	3,369	3,448
Net Debt	1,596	1,383	1,267	1,319	981	1,017	1,088	1,133	1,097	981	1,063
Capital Expenditures (CapEx)	75	108	58	39	58	67	86	101	59	46	89
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-20	13	17	37	14	2.65	37	46	-4.07	7.65	22
Debt-free Net Working Capital (DFNWC)	-12	16	37	49	23	7.16	37	48	-2.09	14	34
Net Working Capital (NWC)	-160	-124	-113	-100	23	7.16	37	48	-2.09	14	34
Net Nonoperating Expense (NNE)	-2.25	5.11	-17	-57	-12	196	-5.86	-34	21	247	-4.89
Net Nonoperating Obligations (NNO)	1,596	1,383	1,267	1,319	981	1,017	1,088	1,133	1,097	981	1,063
Total Depreciation and Amortization (D&A)	96	92	91	79	77	76	73	73	72	70	67
Debt-free, Cash-free Net Working Capital to Revenue	-1.28%	0.86%	1.16%	2.66%	1.03%	0.21%	2.56%	3.18%	-0.27%	0.63%	2.56%
Debt-free Net Working Capital to Revenue	-0.73%	1.11%	2.57%	3.57%	1.77%	0.57%	2.56%	3.34%	-0.14%	1.16%	3.90%
Net Working Capital to Revenue	-10.12%	-8.35%	-7.80%	-7.22%	1.77%	0.57%	2.56%	3.34%	-0.14%	1.16%	3.90%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.05	$0.02	$0.35	$0.54	$0.12	$4.77	$0.21	$0.41	($0.06)	$6.39	$1.04
Adjusted Weighted Average Basic Shares Outstanding	60.16M	59.28M	59.81M	59.79M	57.87M	51.82M	53.34M	50.55M	47.39M	41.63M	41.82M
Adjusted Diluted Earnings per Share	$0.05	$0.01	$0.35	$0.54	$0.12	$4.77	$0.21	$0.41	($0.06)	$6.39	$1.04
Adjusted Weighted Average Diluted Shares Outstanding	61.00M	60.12M	60.42M	60.28M	58.39M	146.20M	53.46M	50.63M	47.61M	41.67M	41.86M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$4.77	$0.00	$0.00	$0.00	$6.39	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	157.96M	157.77M	157.54M	157.52M	153.66M	151.21M	148.61M	146.06M	143.15M	143.04M	137.35M
Normalized Net Operating Profit after Tax (NOPAT)	17	21	66	52	27	42	40	49	25	296	48
Normalized NOPAT Margin	3.83%	5.52%	16.73%	14.50%	8.01%	12.11%	12.15%	16.67%	8.88%	53.71%	14.88%
Pre Tax Income Margin	4.92%	4.67%	23.19%	32.87%	11.48%	9.29%	13.45%	24.30%	1.68%	55.29%	15.63%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	107.79	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	99.38	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	32.94	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	24.54	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	80.11%	71.74%	30.63%	28.22%	24.71%	21.05%	43.00%	37.94%	27.83%	19.18%	1.98%
Augmented Payout Ratio	80.11%	71.74%	30.63%	28.22%	25.50%	22.54%	321.83%	305.62%	226.38%	203.23%	1.98%

Frequently Asked Questions About Kinetik's Financials

When does Kinetik's financial year end?

According to the most recent income statement we have on file, Kinetik's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Kinetik's net income changed over the last 7 years?

Kinetik's net income appears to be on a downward trend, with a most recent value of $244.23 million in 2024, falling from -$18.58 million in 2017. The previous period was $386.45 million in 2023. Find out what analysts predict for Kinetik in the coming months.

What is Kinetik's operating income?

Kinetik's total operating income in 2024 was $179.23 million, based on the following breakdown:

Total Gross Profit: $862.31 million
Total Operating Expenses: $683.08 million

How has Kinetik revenue changed over the last 7 years?

Over the last 7 years, Kinetik's total revenue changed from $15.14 million in 2017 to $1.48 billion in 2024, a change of 9,693.5%.

How much debt does Kinetik have?

Kinetik's total liabilities were at $3.84 billion at the end of 2024, a 0.9% decrease from 2023, and a 16,598,216.7% increase since 2016.

How much cash does Kinetik have?

In the past 8 years, Kinetik's cash and equivalents has ranged from $0.00 in 2017 to $449.94 million in 2018, and is currently $3.61 million as of their latest financial filing in 2024.

How has Kinetik's book value per share changed over the last 7 years?

Over the last 7 years, Kinetik's book value per share changed from 11.79 in 2017 to -18.89 in 2024, a change of -260.3%.

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This page (NYSE:KNTK) was last updated on 5/25/2025 by MarketBeat.com Staff

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Kinetik (KNTK) Financials

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