Cash flow Kinetik Holdings Inc.

Equities

KNTK

US02215L2097

Oil & Gas Transportation Services

Market Closed - Nyse Other stock markets 21:00:02 13/02/2026 GMT			5-day change	1st Jan Change
41.54 ^USD	+2.67%		-0.10%	+15.23%

02-06	Jefferies Downgrades Kinetik to Hold From Buy, $43 Price Target	MT
01-27	Analyst recommendations: Doordash, Micron, PayPal, Roblox, SanDisk…

6af9d412278f798dde18a88045121ca.Hh8wNeLjUsq8v1Rbv6b2Wr4N2-gSACC02a84qthrzow.cntCDJTRAZWI1yY25eGwIPpi669_SH-GqcxU3LQCuu19XX5k0dIwh9vrHQ

Published financial data: KINETIK HOLDINGS INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	408M	658M	1.2B	1.24B	1.47B
Other Revenues, Total	2.02M	3.74M	13.18M	16.25M	11.94M
Total Revenues	410M	662M	1.21B	1.26B	1.48B
Cost of Goods Sold, Total	109M	325M	679M	677M	817M
Gross Profit	301M	338M	535M	579M	666M
Selling General & Admin Expenses, Total	71.52M	22.86M	87.86M	96.34M	126M
Depreciation & Amortization - (IS)	224M	244M	260M	281M	324M
Other Operating Expenses	10.98M	11.51M	16.97M	21.62M	24.71M
Other Operating Expenses, Total	306M	278M	365M	399M	475M
Operating Income	-4.94M	59.6M	170M	180M	191M
Interest Expense, Total	-136M	-117M	-149M	-206M	-217M
Interest And Investment Income	608K	115K	-	2M	1.99M
Net Interest Expenses	-135M	-117M	-149M	-204M	-215M
Income (Loss) On Equity Invest.	-308K	63.07M	181M	200M	213M
Other Non Operating Income (Expenses)	-	4.03M	89.54M	-	814K
EBT, Excl. Unusual Items	-140M	9.46M	291M	176M	190M
Merger & Related Restructuring Charges	-	-5.73M	-6.41M	-1.57M	-7.81M
Impairment of Goodwill	-1.01B	-	-	-	-
Gain (Loss) On Sale Of Investments	-	-	-	-	89.8M
Gain (Loss) On Sale Of Assets	-3.45M	-382K	-12.61M	-19.4M	-4.04M
Other Unusual Items	868K	-	-18.4M	-1.88M	-525K
EBT, Incl. Unusual Items	-1.15B	3.35M	253M	154M	267M
Income Tax Expense	968K	1.86M	2.62M	-233M	23.04M
Earnings From Continuing Operations	-1.15B	1.48M	251M	386M	244M
Net Income to Company	-1.15B	1.48M	251M	386M	244M
Net Income - (IS)	-1.15B	1.48M	251M	386M	244M
Preferred Dividend and Other Adjustments	-	-	190M	114M	183M
Net Income to Common Incl Extra Items	-1.15B	1.48M	61.1M	272M	61.18M
Net Income to Common Excl. Extra Items	-1.15B	1.48M	61.1M	272M	61.18M
Per Share Items
Net EPS - Basic	-	0.05	1.48	5.25	1.03
Basic EPS - Continuing Operations	-	0.05	1.48	5.25	1.03
Basic Weighted Average Shares Outstanding	-	32.4M	41.33M	51.82M	59.28M
Net EPS - Diluted	-	0.05	1.48	2.52	1.02
Diluted EPS - Continuing Operations	-	0.05	1.48	2.52	1.02
Diluted Weighted Average Shares Outstanding	-	32.4M	41.36M	146M	60.12M
Normalized Basic EPS	-	0.18	4.4	2.13	2
Normalized Diluted EPS	-	0.18	4.39	0.75	1.97
Dividend Per Share	-	-	3	3	3.06
Payout Ratio	-	3.45K	16.9	21.23	162.13
Supplemental Items
EBITDA	219M	303M	430M	461M	515M
EBITA	121M	196M	290M	303M	331M
EBIT	-4.94M	59.6M	170M	180M	191M
EBITDAR	269M	347M	474M	510M	562M
Total Revenues (As Reported)	410M	662M	1.21B	1.26B	1.48B
Effective Tax Rate - (Ratio)	-0.08	55.72	1.03	-151.69	8.62
Current Domestic Taxes	-	-	522K	492K	3.53M
Total Current Taxes	-	-	522K	492K	3.53M
Deferred Domestic Taxes	-	-	2.09M	-233M	19.5M
Total Deferred Taxes	968K	1.86M	2.09M	-233M	19.5M
Normalized Net Income	-87.59M	5.91M	182M	110M	119M
Interest Capitalized	16.13M	868K	2.75M	18.27M	8.32M
Interest on Long-Term Debt	152M	118M	152M	224M	226M
Supplemental Operating Expense Items
General and Administrative Expenses	20.92M	22.86M	87.86M	47.34M	79.94M
Net Rental Expense, Total	50.6M	43.4M	43.9M	49M	46.4M
Imputed Operating Lease Interest Expense	26.65M	17.02M	18.51M	25.11M	23.44M
Imputed Operating Lease Depreciation	23.95M	26.38M	25.39M	23.89M	22.96M
Stock-Based Comp., G&A Exp. (Total)	-	-	-	55.98M	76.54M
Stock-Based Comp., Other (Total)	-	-	42.78M	-	-
Total Stock-Based Compensation	-	-	42.78M	55.98M	76.54M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	19.59M	18.73M	6.39M	4.51M	3.61M
Trading Asset Securities, Total	-	-	2.7M	4.3M	504K
Total Cash And Short Term Investments	19.59M	18.73M	9.09M	8.81M	4.11M
Accounts Receivable, Total	91.61M	178M	204M	220M	117M
Total Receivables	91.61M	178M	204M	220M	117M
Inventory	-	2.1M	4.8M	3.1M	3.6M
Prepaid Expenses	-	-	19.67M	21.46M	28.1M
Other Current Assets, Total	9.21M	18.58M	4.26M	3.51M	142M
Total Current Assets	120M	218M	242M	257M	295M
Gross Property Plant And Equipment	2.1B	2.24B	3.04B	3.41B	4.28B
Accumulated Depreciation	-231M	-337M	-474M	-626M	-813M
Net Property Plant And Equipment	1.87B	1.9B	2.56B	2.78B	3.46B
Long-term Investments	611M	626M	2.38B	2.54B	2.12B
Goodwill	-	-	5.08M	5.08M	5.08M
Other Intangibles, Total	922M	786M	695M	592M	652M
Accounts Receivable Long-Term	-	-	-	55.3M	55.3M
Deferred Tax Assets Long-Term	-	-	-	236M	204M
Deferred Charges Long-Term	-	-	32.28M	29.95M	21.69M
Other Long-Term Assets, Total	23.6M	22.32M	-	165K	65K
Total Assets	3.54B	3.55B	5.92B	6.5B	6.81B
Liabilities
Accounts Payable, Total	13.38M	12.22M	17.9M	34M	27.24M
Accrued Expenses, Total	54.44M	128M	151M	158M	158M
Short-term Borrowings	-	-	-	-	140M
Current Portion of Long-Term Debt	53.31M	54.28M	-	-	1.21M
Current Portion of Leases	-	31.78M	22.81M	29.2M	18.7M
Current Income Taxes Payable	8.96M	4.3M	19.51M	632K	15.54M
Unearned Revenue Current, Total	-	3.08M	6.61M	6.48M	5.68M
Other Current Liabilities	7.12M	6.92M	10.49M	21.58M	52.3M
Total Current Liabilities	137M	241M	228M	250M	419M
Long-Term Debt	2.34B	2.25B	3.37B	3.56B	3.36B
Long-Term Leases	-	29.89M	6.02M	9.35M	11.49M
Unearned Revenue Non Current	9.53M	11.67M	22.69M	25.76M	20.98M
Deferred Tax Liability Non Current	5.32M	7.19M	11.02M	13.24M	16.76M
Other Non Current Liabilities	8.64M	3.26M	11M	8.58M	4.08M
Total Liabilities	2.5B	2.55B	3.65B	3.87B	3.84B
Common Stock, Total	1.04B	1.01B	14K	15K	15K
Additional Paid In Capital	-	-	119M	193M	-
Retained Earnings	-	-	-959M	-724M	-2.98B
Comprehensive Income and Other	-	-	-	-	1K
Total Common Equity	1.04B	1.01B	-840M	-531M	-2.98B
Minority Interest	-	-	3.11B	3.16B	5.96B
Total Equity	1.04B	1.01B	2.27B	2.63B	2.98B
Total Liabilities And Equity	3.54B	3.55B	5.92B	6.5B	6.81B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	-	32.4M	48.95M	57.19M	60.08M
ECS Total Common Shares Outstanding	-	32.4M	45.68M	57.1M	59.93M
Book Value / Share	-	31.08	-18.38	-9.3	-49.67
Tangible Book Value	121M	221M	-1.54B	-1.13B	-3.63B
Tangible Book Value Per Share	-	6.81	-33.72	-19.75	-60.64
Total Debt	2.39B	2.37B	3.4B	3.6B	3.54B
Net Debt	2.37B	2.35B	3.39B	3.59B	3.53B
Debt Equivalent Oper. Leases	405M	347M	351M	392M	371M
Minority Interest, Total (Incl. Fin. Div)	-	-	3.11B	3.16B	5.96B
Equity Method Investments, Total	611M	626M	2.38B	2.54B	2.12B
Account Code - Inventory Valuation	-	3	3	3	3
Inventories - Finished Goods, Total	-	2.1M	-	-	-
Land - (BS)	18.56M	19.63M	21.48M	23.85M	30.71M
Machinery, Total	2.05B	2.13B	2.92B	3.27B	4B
Full Time Employees	-	200	300	330	460
Accumulated Allowance for Doubtful Accounts (Supple)	-	1M	1M	1M	1M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-1.15B	1.48M	251M	386M	244M
Depreciation & Amortization - CF	97.36M	107M	140M	159M	184M
Amortization of Goodwill and Intangible Assets - (CF)	126M	137M	121M	122M	140M
Depreciation & Amortization, Total	224M	244M	260M	281M	324M
Amortization of Deferred Charges, Total - (CF)	13.72M	15.16M	11.38M	12.81M	14.06M
(Gain) Loss From Sale Of Asset	3.45M	382K	12.61M	19.4M	4.04M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-89.8M
Asset Writedown & Restructuring Costs	1.01B	-	-	-	-
(Income) Loss On Equity Investments - (CF)	308K	5.26M	75.81M	72.48M	76.8M
Stock-Based Compensation (CF)	-	-	42.78M	55.98M	76.54M
Other Operating Activities, Total	6.93M	-5.74M	-65.32M	-240M	30.68M
Change In Accounts Receivable	-9.29M	-88.49M	-8.33M	-12.13M	-7.03M
Change In Accounts Payable	13.47M	-2.72M	-1.6M	19.8M	-40.85M
Change in Other Net Operating Assets	-6.56M	66.67M	34.61M	-11.73M	4.48M
Cash from Operations	102M	236M	613M	584M	637M
Capital Expenditure	-181M	-78.03M	-206M	-313M	-264M
Sale of Property, Plant, and Equipment	-	3.61M	219K	358K	409K
Cash Acquisitions	-	-	13.4M	-125M	-341M
Sale (Purchase) of Intangible assets	-17.63M	-4.68M	-15.42M	-16.69M	-12.33M
Investment in Marketable and Equity Securities, Total	-307M	-20.52M	-78.17M	-232M	440M
Cash from Investing	-506M	-99.62M	-286M	-686M	-177M
Short Term Debt Issued, Total	-	-	-	-	156M
Long-Term Debt Issued, Total	376M	68.69M	3.56B	1.55B	1.06B
Total Debt Issued	376M	68.69M	3.56B	1.55B	1.22B
Short Term Debt Repaid, Total	-	-	-	-	-15.8M
Long-Term Debt Repaid, Total	-204M	-166M	-3.17B	-1.35B	-1.26B
Total Debt Repaid	-204M	-166M	-3.17B	-1.35B	-1.28B
Issuance of Common Stock	281M	14.89M	-	-	-
Repurchase of Common Stock	-	-	-	-5.76M	-
Repurchase of Preferred Stock	-	-	-183M	-	-
Common Dividends Paid	-	-51.19M	-40.53M	-82.05M	-396M
Preferred Dividends Paid	-	-	-1.85M	-	-
Common & Preferred Stock Dividends Paid	-	-51.19M	-42.38M	-82.05M	-396M
Other Financing Activities, Total	-79.88M	-3.15M	-505M	-11.24M	-1.59M
Cash from Financing	373M	-137M	-339M	99.96M	-461M
Net Change in Cash	-30.72M	-862K	-12.34M	-1.88M	-904K
Supplemental Items
Cash Interest Paid	105M	108M	120M	208M	245M
Cash Income Tax Paid (Refund)	-	-	-	489K	560K
Levered Free Cash Flow	-150M	111M	122M	4.42M	118M
Unlevered Free Cash Flow	-77.19M	171M	205M	127M	246M
Change In Net Working Capital	101M	28.98M	-16.17M	-207K	4.67M
Net Debt Issued / Repaid	172M	-97.36M	392M	199M	-63.8M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	-0.08	1.04	2.24	1.81	1.79
Return on Total Capital	-0.08	1.08	2.34	1.89	1.87
Return On Equity %	-78.02	0.14	15.29	15.77	8.71
Return on Common Equity	-78.02	0.14	-14.55	-39.7	-3.49
Margin Analysis
Gross Profit Margin %	73.46	50.98	44.06	46.1	44.93
SG&A Margin	17.44	3.45	7.24	7.67	8.52
EBITDA Margin %	53.35	45.79	35.42	36.71	34.75
EBITA Margin %	29.61	29.67	23.92	24.08	22.33
EBIT Margin %	-1.2	9	13.97	14.34	12.89
Income From Continuing Operations Margin %	-281.46	0.22	20.66	30.76	16.47
Net Income Margin %	-281.46	0.22	20.66	30.76	16.47
Net Avail. For Common Margin %	-281.46	0.22	5.04	21.65	4.13
Normalized Net Income Margin	-21.36	0.89	14.98	8.77	8
Levered Free Cash Flow Margin	-36.56	16.76	10.03	0.35	7.95
Unlevered Free Cash Flow Margin	-18.82	25.82	16.93	10.1	16.6
Asset Turnover
Asset Turnover	0.1	0.19	0.26	0.2	0.22
Fixed Assets Turnover	0.22	0.35	0.54	0.47	0.47
Receivables Turnover (Average Receivables)	4.69	4.92	6.28	5.84	8.85
Inventory Turnover (Average Inventory)	-	216.34	196.76	171.45	243.76
Short Term Liquidity
Current Ratio	0.88	0.9	1.06	1.03	0.7
Quick Ratio	0.81	0.82	0.94	0.92	0.29
Operating Cash Flow to Current Liabilities	0.74	0.98	2.69	2.34	1.52
Days Sales Outstanding (Average Receivables)	77.99	74.22	58.1	62.46	41.35
Days Outstanding Inventory (Average Inventory)	-	1.69	1.85	2.13	1.5
Average Days Payable Outstanding	48.75	14.34	8.07	14.02	13.72
Cash Conversion Cycle (Average Days)	-	61.57	51.89	50.57	29.13
Long Term Solvency
Total Debt/Equity	229.5	235.33	149.49	137.09	118.68
Total Debt / Total Capital	69.65	70.18	59.92	57.82	54.27
LT Debt/Equity	224.39	226.78	148.49	135.98	113.31
Long-Term Debt / Total Capital	68.1	67.63	59.52	57.35	51.81
Total Liabilities / Total Assets	70.57	71.66	61.61	59.57	56.29
EBIT / Interest Expense	-0.04	0.51	1.14	0.88	0.88
EBITDA / Interest Expense	1.61	2.95	3.17	2.48	2.59
(EBITDA - Capex) / Interest Expense	0.28	2.29	1.79	0.96	1.37
Total Debt / EBITDA	10.94	6.84	7.17	7.06	6.29
Net Debt / EBITDA	10.85	6.78	7.15	7.04	6.29
Total Debt / (EBITDA - Capex)	63.99	8.82	12.7	18.25	11.86
Net Debt / (EBITDA - Capex)	63.47	8.75	12.66	18.2	11.85
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	8.3	61.4	83.29	3.54	18.03
Gross Profit, 1 Yr. Growth %	14.78	34.25	58.41	8.32	15.05
EBITDA, 1 Yr. Growth %	13.88	39.37	41.79	4.67	11.72
EBITA, 1 Yr. Growth %	8.26	63.46	47.91	0.51	9.47
EBIT, 1 Yr. Growth %	-53.01	-1.05K	184.4	-0.04	6.02
Earnings From Cont. Operations, 1 Yr. Growth %	699.34	-100.13	16.82K	54.14	-36.8
Net Income, 1 Yr. Growth %	699.34	-100.13	16.82K	54.14	-36.8
Normalized Net Income, 1 Yr. Growth %	-1.21	-106.73	2.98K	-16.99	7.62
Diluted EPS Before Extra, 1 Yr. Growth %	-	-	3.13K	71.98	-59.59
Accounts Receivable, 1 Yr. Growth %	11.28	98.74	14.56	8.03	-45.93
Inventory, 1 Yr. Growth %	-	133.33	128.57	-35.42	16.13
Net Property, Plant and Equip., 1 Yr. Growth %	3.31	-1.44	34.88	8.47	24.56
Total Assets, 1 Yr. Growth %	-17.94	-1.4	66.6	9.75	4.9
Tangible Book Value, 1 Yr. Growth %	-195.89	84.16	95.95	-26.79	222.3
Common Equity, 1 Yr. Growth %	-45.58	-3.34	-8.4M	-36.79	460.75
Cash From Operations, 1 Yr. Growth %	128.62	130.73	160.22	-4.65	9.04
Capital Expenditures, 1 Yr. Growth %	-44.9	-56.99	164.21	51.76	-15.76
Levered Free Cash Flow, 1 Yr. Growth %	-	-174.55	9.76	-96.56	2.56K
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-324.84	20.22	-40.21	94.05
Dividend Per Share, 1 Yr. Growth %	-	-	-	0	2
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-15.27	32.21	72	37.76	10.55
Gross Profit, 2 Yr. CAGR %	50.58	23.05	45.83	30.99	11.63
EBITDA, 2 Yr. CAGR %	55.46	25.6	40.58	23.34	8.14
EBITA, 2 Yr. CAGR %	53.43	32.31	55.41	24.17	4.89
EBIT, 2 Yr. CAGR %	-56.77	138.23	420.95	73.89	2.95
Earnings From Cont. Operations, 2 Yr. CAGR %	225.48	-89.87	-53.42	1.51K	-1.3
Net Income, 2 Yr. CAGR %	225.48	-89.87	-53.42	1.51K	-1.3
Normalized Net Income, 2 Yr. CAGR %	13.4	-74.18	43.37	331.93	-5.48
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	-	642.89	-16.64
Accounts Receivable, 2 Yr. CAGR %	-	47.08	50.89	11.25	-24.39
Inventory, 2 Yr. CAGR %	-	-	130.94	21.5	-13.4
Net Property, Plant and Equip., 2 Yr. CAGR %	-	2.56	15.3	20.95	16.23
Total Assets, 2 Yr. CAGR %	-	-9.3	28.17	35.22	7.3
Tangible Book Value, 2 Yr. CAGR %	-	32.17	258.43	19.77	53.61
Common Equity, 2 Yr. CAGR %	-	-27.52	-10.21	22.94K	88.27
Cash From Operations, 2 Yr. CAGR %	46.45	129.67	145.03	57.52	1.97
Capital Expenditures, 2 Yr. CAGR %	6.63	-51.32	6.6	100.24	13.06
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-9.54	-80.04	-4.21
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	64.41	-13.84	7.72
Dividend Per Share, 2 Yr. CAGR %	-	-	-	-	1
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	5.03	47.42	45.23	30.84
Gross Profit, 3 Yr. CAGR %	-	36.43	33.86	32.07	25.45
EBITDA, 3 Yr. CAGR %	-	49.6	30.78	28.47	19.34
EBITA, 3 Yr. CAGR %	-	56.14	37.27	36.04	19.07
EBIT, 3 Yr. CAGR %	-	31.18	152.72	206.72	47.45
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-76.13	20.18	-30.59	448.26
Net Income, 3 Yr. CAGR %	-	-76.13	20.18	-30.59	448.26
Normalized Net Income, 3 Yr. CAGR %	-	-55.72	27.02	7.63	171.8
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	-	181.47
Accounts Receivable, 3 Yr. CAGR %	-	-	35.33	34.98	-13.16
Inventory, 3 Yr. CAGR %	-	-	-	51.02	19.68
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	12.36	12.97	22.14
Total Assets, 3 Yr. CAGR %	-	-	11.08	21.71	24.25
Tangible Book Value, 3 Yr. CAGR %	-	-	130.12	111.08	66.59
Common Equity, 3 Yr. CAGR %	-	-	-24.05	-20.13	6.58K
Cash From Operations, 3 Yr. CAGR %	-	70.41	139.44	78.89	39.34
Capital Expenditures, 3 Yr. CAGR %	-	-21.21	-14.45	19.92	50.04
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-69.03	2.05
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	18.62	12.94
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	17.07	31.39
Gross Profit, 5 Yr. CAGR %	-	-	-	34.23	24.48
EBITDA, 5 Yr. CAGR %	-	-	-	38.49	21.81
EBITA, 5 Yr. CAGR %	-	-	-	42.44	24.17
EBIT, 5 Yr. CAGR %	-	-	-	46.84	78.64
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	28.81	11.08
Net Income, 5 Yr. CAGR %	-	-	-	28.81	11.08
Normalized Net Income, 5 Yr. CAGR %	-	-	-	10.11	6
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	7.22
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-	13.9
Total Assets, 5 Yr. CAGR %	-	-	-	-	9.55
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-	95.76
Common Equity, 5 Yr. CAGR %	-	-	-	-	9.2
Cash From Operations, 5 Yr. CAGR %	-	-	-	65.13	70.17
Capital Expenditures, 5 Yr. CAGR %	-	-	-	14.42	-4.36