KNTK (Kinetik Holdings) EBIT: $772 Mil (TTM As of Mar. 2026)

What is Kinetik Holdings EBIT?

Kinetik Holdings KNTK +3.60% 79 EBIT is $772 Mil as of Mar. 2026. GuruFocus rates KNTK with a GF Score™ of 79/100 and a GF Value™ of $45.79 (Fairly Valued). The stock has 14 warning signs investors should review.

Kinetik Holdings's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $46 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $772 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kinetik Holdings's annualized ROC % for the quarter that ended in Mar. 2026 was -0.19%. Kinetik Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.58%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kinetik Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.40%.

Kinetik Holdings (NYSE:KNTK) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Kinetik Holdings's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

	ROC % (Q: Mar. 2026 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2025 )	+	Invested Capital (Q: Mar. 2026 ))	/ count )
=	-15.428 * ( 1 - 13.18% )	/	( (7019.959	+	7072.772)	/ 2 )
=	-13.3945896	/	7046.3655
=	-0.19 %

where

	Invested Capital		(Q: Dec. 2025 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	7095.611	-	214.117	-	( 3.951	-	max(0, 440.501	-	302.036	+	3.951	))
=	7019.959

	Invested Capital		(Q: Mar. 2026 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	7110.743	-	256.243	-	( 0.72	-	max(0, 537.069	-	318.797	+	0.72	))
=	7072.772

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Kinetik Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2026 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2025		Q: Mar. 2026
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	182.216	/	( ( (3937.383 + max(66.398, 0))	+	(3948.063 + max(8.065, 0)) )	/	2 )
=	182.216	/	( ( 4003.781	+	3956.128 )	/	2 )
=	182.216	/	3979.9545
=	4.58 %

where Working Capital is:

	Working Capital		(Q: Dec. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(85.276	+	0	+	212.809)	-	(214.117	+	0	+	17.57)
=	66.398

	Working Capital		(Q: Mar. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(92.713	+	0	+	225.364)	-	(256.243	+	0	+	53.769)
=	8.065

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Kinetik Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2026 )
	=	772.141	/	12061.712
	=	6.40 %

* 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 EBIT Related Terms

Kinetik Holdings EBIT Historical Data

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The historical data trend for Kinetik Holdings's EBIT can be seen below:

Kinetik Holdings EBIT Chart

Kinetik Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

EBIT

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107.34

393.02

353.20

477.07

802.16

Kinetik Holdings Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
EBIT	Get a 7-Day Free Trial															75.57	136.25	76.47	513.87	45.55

KNTK vs SUNC, STNG, INSW: EBIT Comparison

For the Oil & Gas Midstream subindustry, Kinetik Holdings's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Oil & Gas Industry

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

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

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79GF Score

Kinetik Holdings Inc KNTK

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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Kinetik Holdings EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $772 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of $772 Mil mean?

Kinetik Holdings (KNTK) has a EBIT of $772 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Kinetik Holdings.

Is Kinetik Holdings' EBIT too high?

Kinetik Holdings' current EBIT is $772 Mil. Overall, Kinetik Holdings has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Kinetik Holdings' EBIT compare to SUNC and STNG?

Kinetik Holdings' EBIT of $772 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good EBIT for an Oil & Gas company?

A good EBIT depends on the Oil & Gas industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high EBIT mean?

A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Kinetik Holdings. Kinetik Holdings's current EBIT is $772 Mil. 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 Fairly Valued. The stock's GF Value™ is $45.79, compared to a current price of $49.75 — trading 8.6% above its estimated fair value. The current EBIT is $772 Mil. Kinetik Holdings' overall GF Score™ is 79/100 with 14 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is EBIT calculated?

EBIT is calculated from a company's financial statements. For Kinetik Holdings (KNTK), the current EBIT is $772 Mil as of Mar. 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 $49.75 is trading 8.6% above its estimated GF Value™ of $45.79. GuruFocus considers Kinetik Holdings to be Fairly Valued.

Key valuation signals for KNTK:

EBIT: $772 Mil
GF Value™: $45.79 vs. price of $49.75 (8.6% above fair value)
GF Score™: 79/100 with 14 warning signs

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 Energy Oil & Gas

Comparable Companies SUNC STNG INSW DHT TNK NGL HESM PAGP GEL LPG TSX:ENB WMB EPD TSX:TRP KMI ET MPLX TRGP OKE LNG

Address 2700 Post Oak Boulevard, Suite 300, Houston, TX, USA, 77056-4400

Website https://www.kinetik.com

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.

79GF Score

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

$49.75

Price

$45.79

GF Value

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