KNTK (Kinetik Holdings) Debt-to-EBITDA : 3.39 (As of Jun. 2026) — 35% Below Median

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KNTK Kinetik Holdings Inc KNTK
75 GF Score
Price $52.53
GF Value $45.52
Valuation Modestly Overvalued
! 14 Warning Signs
View Full Analysis

What is Kinetik Holdings Debt-to-EBITDA?

Kinetik Holdings KNTK +2.46% 75 Debt-to-EBITDA is 3.39 as of Jun. 2026, which is 35% below its 10-year median of 5.20. GuruFocus rates KNTK with a GF Score™ of 75/100 and a GF Value™ of $45.52 (Modestly Overvalued). The stock has 14 warning signs investors should review. Among 715 Oil & Gas companies, Kinetik Holdings ranks worse than 67.27% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Kinetik Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $261 Mil. Kinetik Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $3,717 Mil. Kinetik Holdings's annualized EBITDA for the quarter that ended in Jun. 2026 was $1,172 Mil. Kinetik Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 3.39.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Kinetik Holdings's Debt-to-EBITDA or its related term are showing as below:

KNTK' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.96   Med: 5.2   Max: 11.28
Current: 3.24

During the past 8 years, the highest Debt-to-EBITDA Ratio of Kinetik Holdings was 11.28. The lowest was -2.96. And the median was 5.20.

KNTK's Debt-to-EBITDA is ranked worse than
67.27% of 715 companies
in the Oil & Gas industry
Industry Median: 2 vs KNTK: 3.24

Kinetik Holdings  (NYSE:KNTK) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Kinetik Holdings Debt-to-EBITDA Related Terms


Kinetik Holdings Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Kinetik Holdings's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Kinetik Holdings Debt-to-EBITDA Chart

Kinetik Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial 6.75 5.20 5.68 4.41 3.26

Kinetik Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.36 6.14 1.57 6.60 3.39

KNTK vs SUNC, STNG, DHT: Debt-to-EBITDA Comparison

For the Oil & Gas Midstream subindustry, Kinetik Holdings's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kinetik Holdings Debt-to-EBITDA vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Kinetik Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Kinetik Holdings's Debt-to-EBITDA falls into.


KNTK
75GF Score
Kinetik Holdings Inc KNTK
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kinetik Holdings Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Kinetik Holdings's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(208.814 + 3656.753) / 1184.803
=3.26

Kinetik Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(260.502 + 3716.584) / 1172.156
=3.39

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 3.39 mean?
Kinetik Holdings (KNTK) has a Debt-to-EBITDA of 3.39 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Kinetik Holdings. This is 35% below median its historical median of 5.20. According to the industry distribution chart, Kinetik Holdings ranks #481 out of 715 companies in the Oil & Gas industry, placing it in the top 67.3%.
Is Kinetik Holdings' Debt-to-EBITDA too high?
Kinetik Holdings' current Debt-to-EBITDA of 3.39 is 35% below median its 10-year median of 5.20. The Oil & Gas industry median Debt-to-EBITDA is 2.00. Kinetik Holdings' value of 3.39 is 69.5% above this industry median. Based on the distribution chart, Kinetik Holdings ranks #481 out of 715 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Kinetik Holdings has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kinetik Holdings' Debt-to-EBITDA compare to SUNC and STNG?
According to the Oil & Gas industry distribution chart, Kinetik Holdings ranks #481 out of 715 companies for Debt-to-EBITDA. This places Kinetik Holdings in the lower half of its industry. The industry median Debt-to-EBITDA is 2.00. Kinetik Holdings' value of 3.39 is 69.5% above this benchmark. While the company's 10-year median is 5.20 vs. the industry median of 2.00, Kinetik Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 2.00, based on 715 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kinetik Holdings's current Debt-to-EBITDA of 3.39 is 69.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Kinetik Holdings. For the Oil & Gas industry, the median Debt-to-EBITDA is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kinetik Holdings's current Debt-to-EBITDA is 3.39, which is 35% below median its own 10-year median of 5.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kinetik Holdings stock overvalued right now?
Based on GuruFocus' analysis, Kinetik Holdings (KNTK) is currently considered Modestly Overvalued. The stock's GF Value™ is $45.52, compared to a current price of $52.53 — trading 15.4% above its estimated fair value. The current Debt-to-EBITDA is 3.39, which is 35% below median its 10-year median of 5.20 and 69.5% above the Oil & Gas industry median of 2.00. Kinetik Holdings' overall GF Score™ is 75/100 with 14 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Kinetik Holdings (KNTK), the current Debt-to-EBITDA is 3.39 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Kinetik Holdings (KNTK) Overvalued in 2026?

Based on GuruFocus' analysis, Kinetik Holdings stock appears to be overvalued. The current stock price of $52.53 is trading 15.4% above its estimated GF Value™ of $45.52. GuruFocus considers Kinetik Holdings to be Modestly Overvalued.

Key valuation signals for KNTK:

  • Debt-to-EBITDA: 3.39 (35% below median its 10-year median of 5.20)
  • GF Value™: $45.52 vs. price of $52.53 (15.4% above fair value)
  • GF Score™: 75/100 with 14 warning signs
  • Industry Position: 69.5% above the Oil & Gas median (#481 of 715)

No single metric tells the full story. See the KNTK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kinetik Holdings Business Description

Industry EnergyOil & Gas
Address 2700 Post Oak Boulevard, Suite 300, Houston, TX, USA, 77056-4400
Kinetik Holdings Inc is a midstream operator that provides comprehensive gathering, transportation, compression, processing and treating services. Its activities also include NGL stabilization and transportation, produced water gathering and disposal, and crude oil gathering, stabilization, storage, and transportation. The company operates in two reportable segments: i) The Midstream Logistics segment operates under three service offerings: 1) gas gathering and processing, 2) crude oil gathering, stabilization, and storage services, and 3) produced water gathering and disposal. ii) The Pipeline Transportation segment consists of two EMI Pipelines originating in the Permian Basin with various access points to the U.S. Gulf Coast, Kinetik NGL Pipelines, and Delaware Link Pipeline.
75GF Score

Get the complete analysis for KNTK

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$52.53
Price
$45.52
GF Value