Kinetik profit margin KNTK
Gross, operating and net profit as a share of revenue over the last twelve months, from 2017.
- Net margin, 12 months
- 10.4%
- Operating margin, 12 months
- 10.5%
- Net margin on a year earlier
- +6.1 pts
- Peer median
- 24.8%
Over the twelve months to Jun 30, 2026, Kinetik kept 10.4% of its revenue as net profit, with an operating margin of 10.5% and a gross margin of 55.9%.
Five years earlier its net margin was 15.3%.
The median for 10 oil and gas pipeline stocks of a similar size is 24.8%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 10.1% | 9.3% | 55.5% |
| FY2024 | 7.7% | 12.1% | 58.1% |
| FY2023 | 30.8% | 12.7% | 59.0% |
| FY2022 | 11.2% | 12.4% | 55.4% |
| FY2021 | 0.2% | 8.1% | 64.7% |
| FY2020 | 3.9% | 41.6% | 72.6% |
| FY2019 | n/a | n/a | 58.9% |
| FY2018 | −0.3% | −15.6% | 29.1% |
| FY2017 | −1.2% | 100.0% | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 10.4% | +6.1 pts | 10.5% | |
| Q1 FY26 | 9.8% | +4.5 pts | 8.2% | |
| Q4 FY25 | 10.1% | +2.4 pts | 9.3% | |
| Q3 FY25 | 3.0% | −22.3 pts | 8.2% | |
| Q2 FY25 | 4.3% | −23.4 pts | 11.7% | |
| Q1 FY25 | 5.4% | −26.3 pts | 10.9% | |
| Q4 FY24 | 7.7% | −23.0 pts | 12.1% | |
| Q3 FY24 | 25.3% | +11.4 pts | 14.6% | |
| Q2 FY24 | 27.8% | +13.3 pts | 12.8% | |
| Q1 FY24 | 31.7% | +21.7 pts | 12.0% | |
| Q4 FY23 | 30.8% | +19.6 pts | 12.7% | |
| Q3 FY23 | 13.9% | +6.7 pts | 12.3% |
Against its peers
Companies in Oil & Gas Midstream nearest Kinetik's size, closest first, today.
| Company | Profit margin |
|---|---|
| KNTKKinetik | 10.4% |
| AMAntero Midstream | 30.4% |
| SWXSouthwest Gas | 29.8% |
| DTMDT Midstream | 35.7% |
| AROCArchrock | 21.8% |
| KGSKodiak Gas Services | 5.8% |
| WESWestern Midstream Partners | 29.6% |
| CPKChesapeake Utilities | 15.1% |
| CQPCheniere Energy Partners | 27.3% |
| VGVenture Global | 22.3% |
| CTRICenturi | 0.9% |
| Peer median | 24.8% |
Where Kinetik ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Kinetik
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.