Kinetik Holdings Inc. (KNTK) Key Metrics
KNTK valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $9.36B
- Enterprise value
- $8.23B
- P/E (TTM)
- 19.3 10-yr median 10.1
- Forward P/E
- 21.4
- PEG ratio
- 8.62
- Price / sales
- 5.0 10-yr median 2.2
- Price / book
- 1.3
- EV / EBITDA
- 6.7 10-yr median 8.7
- Dividend yield
- 2.79% $3.24 a year
- Beta
- 0.79
KNTK key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsKNTK valuation Price multiples at each fiscal year-end price.
KNTK returns How much profit the business earns on the capital it uses.
KNTK per-share figures Results divided by the shares outstanding at year-end.
KNTK financial health Debt, liquidity and how easily interest is covered.
KNTK efficiency & capital use Working capital cycle and where the cash goes.
KNTK valuation history
KNTK returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
KNTK debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
KNTK cash returned to shareholders
KNTK price vs earnings per share
KNTK key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $2.26B | $3.41B | $1.73B | $1.37B | $1.16B | $896.8M | $2.14B | $2.92B | $4.58B | — |
| Enterprise value | $6.12B | $6.94B | $5.33B | $4.76B | $3.51B | $3.33B | $2.55B | $2.47B | $4.58B | — |
| P/E ratio | 4.3 | 14.0 | 4.5 | 10.1 | 781.7 | — | — | — | — | — |
| Price / sales | 1.3 | 2.3 | 1.4 | 1.1 | 1.7 | 2.2 | 5.7 | 5.1 | 302.5 | — |
| Price / book | — | — | — | — | — | 0.9 | — | — | 8.2 | — |
| Price / free cash flow | 30.3 | 9.4 | 6.8 | 3.5 | 7.6 | — | — | — | — | — |
| Price / operating cash flow | 3.7 | 5.3 | 3.0 | 2.2 | 4.9 | 8.8 | 48.0 | — | — | — |
| EV / sales | 3.5 | 4.7 | 4.2 | 3.9 | 5.3 | 8.1 | 6.7 | 4.3 | 302.4 | — |
| EV / EBITDA | 5.2 | 8.7 | 8.4 | 7.3 | 10.0 | — | 13.0 | 27.2 | — | — |
| EV / free cash flow | 82.2 | 19.2 | 20.9 | 12.2 | 23.0 | — | — | — | — | — |
| Earnings yield | 23.3% | 7.2% | 22.3% | 9.9% | 0.1% | −128.9% | −6.7% | −3.7% | −0.0% | — |
| Free cash flow yield | 3.3% | 10.6% | 14.7% | 28.6% | 13.2% | −10.8% | −14.6% | −7.4% | −0.0% | — |
| Dividend yield | 22.1% | 5.1% | 4.7% | 3.0% | 4.4% | 2.6% | 13.5% | 9.9% | 0.0% | — |
| Shareholder yield (dividends + buybacks) | 29.9% | 5.1% | 5.0% | 16.4% | 4.4% | 2.6% | 13.5% | 9.9% | 0.0% | — |
| Share price at fiscal year-end | $36.05 | $56.71 | $33.40 | $33.08 | $30.66 | $23.73 | $28.60 | $77.30 | $97.10 | — |
| Per share | ||||||||||
| Revenue per share | $28.16 | $24.67 | $24.24 | $29.34 | $17.52 | $10.85 | $5.05 | $15.12 | $0.32 | $0.00 |
| Earnings per share | $8.39 | $4.06 | $7.46 | $3.28 | $0.04 | −$30.58 | −$1.93 | −$2.88 | −$0.02 | −$0.00 |
| Operating cash flow per share | $9.64 | $10.60 | $11.28 | $14.82 | $6.23 | $2.70 | $0.60 | −$1.26 | −$0.02 | −$0.00 |
| Free cash flow per share | $1.19 | $6.01 | $4.92 | $9.46 | $4.04 | −$2.57 | −$4.17 | −$5.69 | −$0.02 | −$0.00 |
| Cash per share | $0.06 | $0.06 | $0.09 | $0.15 | $0.50 | $0.52 | $0.08 | $11.91 | $0.01 | $0.00 |
| Book value per share | −$9.02 | −$49.52 | −$10.24 | −$20.30 | $0.00 | $27.56 | −$4.71 | −$5.65 | $11.79 | $0.00 |
| Tangible book value per share | −$17.93 | −$60.45 | −$21.76 | −$37.24 | −$20.80 | $3.17 | −$31.98 | −$5.65 | $11.79 | $0.00 |
| Dividends per share | $7.98 | $2.91 | $1.57 | $0.99 | $1.35 | $0.61 | $3.86 | $7.65 | $0.00 | — |
| Capex per share | $8.45 | $4.59 | $6.36 | $5.36 | $2.19 | $5.27 | $4.76 | $4.43 | $1.78 | $0.00 |
| Debt per share | $61.69 | $58.79 | $69.49 | $82.14 | $62.69 | $64.95 | $5.46 | — | $0.00 | $0.00 |
| Shares outstanding | 62.7M | 60.1M | 51.8M | 41.4M | 37.8M | 37.8M | 74.9M | 37.8M | 47.2M | 47.2M |
| Change in shares outstanding | +4.2% | +16.0% | +25.3% | +9.4% | 0.0% | −49.6% | +98.3% | −19.9% | 0.0% | — |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | — | — | — | — | 0.3% | −335.7% | — | — | −0.3% | −10.5% |
| Return on invested capital (ROIC) | 7.8% | 9.0% | 5.7% | 6.1% | 0.9% | −45.7% | — | — | −0.3% | −5.4% |
| Return on assets (ROA) | 7.5% | 3.7% | 6.2% | 2.9% | 0.0% | −45.3% | −8.6% | −8.5% | −0.2% | −5.2% |
| Return on tangible assets | 7.8% | 4.0% | 6.5% | 2.6% | 0.1% | −43.1% | — | −5.9% | −0.1% | −5.2% |
| Free cash flow margin | 4.2% | 24.4% | 20.3% | 32.3% | 23.1% | −23.6% | −82.5% | −37.6% | −5.7% | — |
| Income quality (OCF / net income) | 1.15 | 2.61 | 1.51 | 4.52 | 158.95 | — | — | — | — | — |
| Financial health | ||||||||||
| Total debt | $3.87B | $3.53B | $3.60B | $3.40B | $2.37B | $2.45B | $409.4M | — | $0 | $20,000 |
| Cash & short-term investments | $4.0M | $3.6M | $4.5M | $6.4M | $18.7M | $19.6M | $6.0M | $449.9M | $479,055 | $7,500 |
| Net debt | $3.86B | $3.53B | $3.60B | $3.39B | $2.35B | $2.43B | $403.4M | −$449.9M | −$479,055 | $12,500 |
| Debt / equity | — | — | — | — | — | 2.36 | — | — | 0.00 | 0.88 |
| Debt / assets | 0.53 | 0.52 | 0.55 | 0.57 | 0.67 | 0.68 | 0.27 | — | 0.00 | 0.44 |
| Net debt / EBITDA | 3.26 | 4.41 | 5.67 | 5.19 | 6.70 | — | 2.06 | −4.94 | — | — |
| Current ratio | 0.69 | 0.70 | 1.03 | 1.06 | 0.90 | 0.71 | 0.94 | 4.75 | 0.05 | 0.32 |
| Quick ratio | 0.68 | 0.70 | 1.00 | 1.03 | 0.89 | 0.70 | 0.82 | 4.69 | 0.04 | 0.32 |
| Interest coverage | 0.7 | 0.9 | 0.8 | 1.0 | 0.5 | -466.0 | -0.1 | -0.3 | — | — |
| Working capital | −$138.5M | −$123.8M | $7.2M | $14.0M | −$23.4M | −$48.6M | −$2.0M | $369.5M | −$118.3M | −$15,610 |
| Invested capital | $3.30B | $554.2M | $3.07B | $2.55B | $2.35B | $3.48B | $50.3M | −$663.6M | $555.6M | $35,124 |
| Tangible asset value | $2.37B | $2.32B | $2.03B | $1.57B | $220.8M | $119.9M | −$1.14B | $1.73B | $556.0M | $22,624 |
| Net current asset value | −$4.04B | −$3.54B | −$3.61B | −$3.41B | −$2.33B | −$2.44B | −$566.6M | $337.5M | −$143.5M | −$15,610 |
| Graham number | — | — | — | — | $0.02 | — | — | — | — | — |
| Graham net-net per share | −$66.17 | −$62.35 | −$71.39 | −$84.24 | −$63.31 | −$65.48 | −$7.67 | $8.74 | −$3.07 | −$0.00 |
| Capital allocation | ||||||||||
| Dividends paid | $500.1M | $175.2M | $81.4M | $41.1M | $51.2M | $23.1M | $289.3M | $289.3M | $0 | — |
| Share buybacks (net) | $176.0M | $0 | $5.8M | $183.3M | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividend payout ratio | 95.1% | 71.7% | 21.1% | 30.4% | — | — | — | — | — | — |
| Dividends + buybacks / free cash flow | 908.1% | 48.5% | 34.2% | 57.3% | 33.5% | — | — | — | — | — |
| Capex / revenue | 30.0% | 18.6% | 26.2% | 18.3% | 12.5% | 48.5% | 94.2% | 29.3% | 554.7% | — |
| Capex / operating cash flow | 87.7% | 43.3% | 56.4% | 36.1% | 35.1% | 195.0% | 799.3% | — | — | — |
| Capex / depreciation | 1.38 | 0.85 | 1.17 | 0.85 | 0.34 | 0.89 | 1.76 | 1.43 | 14.02 | — |
| Stock-based compensation / revenue | 3.5% | 5.2% | 4.5% | 3.5% | −0.2% | 249.4% | 1.0% | 0.2% | 87.2% | — |
| SG&A / revenue | 7.4% | 9.0% | 7.8% | 7.8% | 4.3% | 5.6% | 6.0% | 3.4% | 7.3% | — |
| Efficiency | ||||||||||
| Days sales outstanding | 37.5 | 40.3 | 61.0 | 57.5 | 73.8 | 49.1 | 15.2 | 5.2 | 130.7 | — |
| Days of inventory on hand | 1.4 | — | 3.4 | 2.3 | 1.5 | 3.1 | 6.6 | 2.2 | 16.3 | — |
| Days payables outstanding | 10.8 | 11.8 | 11.9 | 6.9 | 9.8 | 18.3 | 19.5 | 4.7 | 0.0 | — |
| Cash conversion cycle (days) | 28.1 | 28.5 | 52.5 | 52.9 | 65.5 | 33.9 | 2.3 | 2.8 | 147.0 | — |
| Receivables turnover | 9.74 | 9.05 | 5.99 | 6.35 | 4.95 | 7.44 | 23.99 | 69.95 | 2.79 | — |
| Payables turnover | 33.72 | 30.86 | 30.70 | 53.25 | 37.28 | 19.92 | 18.69 | 78.36 | — | — |
| Inventory turnover | 254.04 | — | 107.85 | 161.65 | 247.37 | 117.24 | 55.54 | 162.77 | 22.34 | — |
| Asset turnover | 0.25 | 0.22 | 0.20 | 0.26 | 0.19 | 0.16 | 0.23 | 0.45 | 0.04 | 0.00 |
| Average receivables | $181.2M | $163.8M | $209.9M | $191.1M | $133.9M | $55.1M | $15.8M | $8.2M | $5.4M | — |
| Average payables | $34.7M | $30.6M | $25.9M | $15.1M | $12.8M | $14.5M | $14.6M | $6.8M | $0 | — |
| Average inventory | $4.6M | — | $7.4M | $5.0M | $1.9M | $2.5M | $4.9M | $3.3M | $743,000 | — |
| Intangibles / total assets | 7.7% | 9.6% | 9.2% | 11.8% | 22.1% | 25.6% | 136.0% | 0.0% | 0.0% | 0.0% |
Computed from KNTK's annual financial statements (latest annual report filed February 26, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
KNTK valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Kinetik traded at 4.3 times earnings, against a 10-year median of 10.1. Based on the latest twelve months, the trailing P/E is 19.3 and the forward P/E is 21.4. Kinetik earned a return on invested capital of 7.8% in fiscal 2025. It ended the year with $3.9 billion of debt and $4.0 million in cash and short-term investments, net debt of $3.9 billion. It returned $676.1 million to shareholders: $500.1 million in dividends and $176.0 million in share buybacks, 908% of free cash flow. The share count rose 32.9% from 47.2M to 62.7M over 9 years.
See the KNTK income statement, the KNTK chart for price history, or the KNTK stock overview for the latest quote and news.
KNTK key metrics FAQ
What is Kinetik's P/E ratio?
Kinetik's trailing P/E ratio is 19.3 based on the last twelve months of earnings (as of October 17, 2026), and its forward P/E is 21.4. At the end of fiscal 2025 it was 4.3, compared with a 10-year median of 10.1.
What is Kinetik's EV/EBITDA?
Kinetik's enterprise value was 5.2 times EBITDA at the end of fiscal 2025 (enterprise value $6.1 billion, EBITDA $1.2 billion); the current EV/EBITDA is 6.7.
What is Kinetik's ROIC?
Kinetik's return on invested capital was 7.8% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Kinetik have?
Kinetik had total debt of $3.9 billion at the end of fiscal 2025 and $3.9 billion of net debt (3.26 times EBITDA).
What is Kinetik's dividend yield?
Kinetik's forward dividend yield is 2.79%. Kinetik paid $500.1 million in dividends in fiscal 2025 ($7.98 per share), a payout ratio of 95.1%.
Does Kinetik buy back its shares?
Yes. Kinetik spent $176.0 million on net share repurchases in fiscal 2025 Shares outstanding changed +4.2% over the year, to 62.7M..
What is Kinetik's free cash flow yield?
Kinetik generated $74.4 million of free cash flow in fiscal 2025, a free cash flow yield of 3.3% on its market value at year-end ($2.3 billion).
What is Kinetik's current ratio?
Kinetik's current ratio was 0.69 at the end of fiscal 2025: current assets were 0.69 times current liabilities.