Kinetik (KNTK) Financials

$43.15 +0.78 (+1.84%)

Closing price 04/14/2025 03:52 PM Eastern

Extended Trading

$42.85 -0.30 (-0.70%)

As of 09:25 AM Eastern

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

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

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

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

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	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	6.41	-5.33	-4.41	0.25	-2.17	4.44	5.25	2.79	7.89	-17
Net Cash From Operating Activities	184	160	120	111	175	179	154	126	214	144
Net Cash From Continuing Operating Activities	184	160	120	111	175	179	154	126	214	144
Net Income / (Loss) Continuing Operations	49	48	4.30	72	43	267	35	109	84	16
Consolidated Net Income / (Loss)	49	48	4.30	72	43	267	35	109	84	16
Depreciation Expense	65	68	69	69	70	73	74	75	88	88
Amortization Expense	1.96	1.98	3.18	3.19	3.20	3.25	3.35	3.54	3.57	3.60
Non-Cash Adjustments To Reconcile Net Income	39	22	52	27	-14	65	49	-46	49	19
Changes in Operating Assets and Liabilities, net	29	19	-9.01	-60	73	-229	-7.85	-16	-9.50	17
Net Cash From Investing Activities	-147	-70	-246	-201	-135	-104	-62	105	-109	-111
Net Cash From Continuing Investing Activities	-147	-70	-246	-201	-135	-104	-62	105	-109	-111
Purchase of Property, Plant & Equipment	-89	-46	-59	-101	-86	-67	-58	-39	-58	-108
Acquisitions	8.59	-15	-135	-4.20	-1.12	123	-2.22	-350	3.11	337
Sale of Property, Plant & Equipment	0.03	0.03	0.01	0.14	0.06	0.15	0.25	0.08	-	0.08
Divestitures	-	-	-	-	-	-125	-	-	30	-341
Other Investing Activities, net	2.68	-78	-59	64	-203	-35	-3.27	1.24	1.55	1.27
Net Cash From Financing Activities	-31	-95	122	90	-42	-71	-86	-228	-97	-50
Net Cash From Continuing Financing Activities	-31	-95	122	90	-42	-71	-86	-228	-97	-50
Repayment of Debt	-55	-108	-125	-183	-130	-927	-91	-825	-199	-166
Payment of Dividends	-15	-14	-17	-20	-21	-23	-39	-45	-45	-47
Issuance of Debt	530	28	267	296	110	880	44	713	220	239
Other Financing Activities, net	-	-	-0.17	-	-	-0.17	-0.72	-71	-73	-76
Cash Interest Paid	24	44	37	89	40	42	57	83	26	78
Cash Income Taxes Paid	-	-	-	-	0.43	-0.00	-	-	0.07	0.00

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	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	0.05	706	1,857	1,501	1,800	3,553	5,920	6,497	6,815
Total Current Assets	0.01	6.17	468	32	43	218	242	257	295
Cash & Equivalents	0.01	0.00	450	5.98	24	19	6.39	4.51	3.61
Accounts Receivable	-	5.42	11	21	13	178	204	216	252
Prepaid Expenses	0.00	0.00	1.38	1.07	2.13	21	24	29	37
Other Current Assets	-	-	-	-	-	0.00	6.96	7.81	2.31
Plant, Property, & Equipment, net	0.00	700	1,227	206	196	1,839	2,535	2,743	3,434
Total Noncurrent Assets	0.04	0.00	162	1,263	1,561	1,496	3,143	3,496	3,086
Long-Term Investments	-	0.00	91	1,258	1,555	626	2,381	2,541	2,118
Goodwill	-	-	-	-	-	0.00	5.08	5.08	5.08
Intangible Assets	-	-	-	-	-	786	695	592	652
Noncurrent Deferred & Refundable Income Taxes	-	0.00	68	-	-	-	0.00	236	204
Other Noncurrent Operating Assets	0.04	0.00	3.73	5.27	5.84	84	61	123	107
Total Liabilities & Shareholders' Equity	0.05	706	1,857	1,501	1,800	3,553	5,920	6,497	6,815
Total Liabilities	0.02	150	131	597	863	2,546	3,647	3,870	3,836
Total Current Liabilities	0.02	124	99	34	30	241	228	250	419
Short-Term Debt	0.02	-	0.00	9.77	-	54	-	0.00	140
Accounts Payable	-	0.00	14	0.00	19	12	18	34	27
Accrued Expenses	0.00	-	-	-	-	136	174	177	187
Other Current Liabilities	-	124	85	24	5.61	39	36	39	64
Total Noncurrent Liabilities	0.00	25	32	564	833	2,305	3,419	3,620	3,417
Long-Term Debt	-	-	0.00	396	624	2,253	3,369	3,563	3,364
Noncurrent Deferred & Payable Income Tax Liabilities	-	7.04	2.64	-	-	7.19	11	13	17
Other Noncurrent Operating Liabilities	0.00	-	0.00	108	145	44	40	44	37
Commitments & Contingencies	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	0.00	0.00	1,941	1,257	1,184	1,007	3,112	3,158	5,956
Total Equity & Noncontrolling Interests	0.02	556	-214	-353	-247	0.01	-840	-531	-2,977
Total Preferred & Common Equity	0.02	556	-214	-353	-247	0.01	-840	-531	-2,977
Total Common Equity	0.02	556	-214	-353	-247	0.01	-840	-531	-2,977
Common Stock	0.03	575	0.03	40	122	0.01	119	193	0.02
Retained Earnings	-0.00	-19	-214	-393	-369	0.00	-959	-724	-2,977
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	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	6,007	6,125	6,227	6,286	6,448	6,860	6,860
Total Current Assets	319	246	248	288	257	299	286
Cash & Equivalents	12	1.98	2.24	0.07	9.76	13	20
Accounts Receivable	270	199	182	231	210	243	216
Prepaid Expenses	37	31	36	36	27	32	44
Other Current Assets	-	14	28	22	10	11	6.28
Plant, Property, & Equipment, net	2,529	2,634	2,692	2,720	2,747	3,193	3,227
Total Noncurrent Assets	3,160	3,244	3,287	3,277	3,443	3,368	3,348
Long-Term Investments	2,373	2,413	2,490	2,519	2,526	2,076	2,142
Goodwill	4.56	5.08	5.08	5.08	5.08	15	5.08
Intangible Assets	722	677	650	621	563	936	878
Noncurrent Deferred & Refundable Income Taxes	-	-	-	-	238	211	204
Other Noncurrent Operating Assets	60	150	142	132	110	129	119
Total Liabilities & Shareholders' Equity	6,007	6,125	6,227	6,286	6,448	6,860	6,860
Total Liabilities	3,780	3,850	3,890	3,916	3,796	3,778	3,798
Total Current Liabilities	285	248	199	251	234	399	399
Short-Term Debt	0.00	-	-	-	-	149	150
Accounts Payable	16	18	36	18	16	44	17
Accrued Expenses	235	176	112	188	170	157	192
Other Current Liabilities	34	54	51	45	47	48	40
Total Noncurrent Liabilities	3,495	3,602	3,691	3,664	3,562	3,379	3,399
Long-Term Debt	3,448	3,512	3,626	3,607	3,517	3,258	3,280
Noncurrent Deferred & Payable Income Tax Liabilities	13	11	12	13	14	15	16
Other Noncurrent Operating Liabilities	35	79	53	45	31	105	104
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	3,062	2,911	3,243	3,209	3,625	4,290	4,783
Total Equity & Noncontrolling Interests	-835	-636	-906	-838	-973	-1,207	-1,721
Total Preferred & Common Equity	-835	-636	-906	-838	-973	-1,207	-1,721
Total Common Equity	-835	-636	-906	-838	-973	-1,207	-1,721
Common Stock	107	230	0.01	92	0.02	0.02	0.02
Retained Earnings	-942	-863	-902	-930	-973	-1,207	-1,721
Other Equity Adjustments	-	-	-	-	-	0.00	0.00

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

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

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

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

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.

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 (NASDAQ:KNTK) was last updated on 4/15/2025 by MarketBeat.com Staff

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Kinetik (KNTK) Financials

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