Kinetik Holdings's gross profit for the
three
months ended in Dec. 2024 was $122 Mil. Kinetik Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $538 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Kinetik Holdings's gross profit for the
three
months ended in Dec. 2024 was $122 Mil. Kinetik Holdings's Revenue for the
three
months ended in Dec. 2024 was $386 Mil. Therefore, Kinetik Holdings's Gross Margin % for the quarter that ended in Dec. 2024 was 31.61%.
Kinetik Holdings had a gross margin of 31.61% for the quarter that ended in Dec. 2024 => Competition eroding margins
During the past 7 years, the highestGross Margin % of Kinetik Holdings was 36.59%. The lowest was 6.78%. And the median was 29.59%.
Kinetik Holdings Gross Profit Historical Data
The historical data trend for Kinetik Holdings's Gross Profit 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.
Competitive Comparison of Kinetik Holdings's Gross Profit
For the Oil & Gas Midstream subindustry, Kinetik Holdings's Gross Profit, along with its competitors' market caps and Gross Profit 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's Gross Profit Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Kinetik Holdings's Gross Profit distribution charts can be found below:
* The bar in red indicates where Kinetik Holdings's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $538 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Kinetik Holdings had a gross margin of 31.61% for the quarter that ended in Dec. 2024 => Competition eroding margins
Kinetik Holdings Gross Profit Related Terms
Thank you for viewing the detailed overview of Kinetik Holdings's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Kinetik Holdings Inc is a midstream operator that provides gathering and processing services to gas and oil producers as well as pipeline transportation. In addition to directly operating pipelines, Kinetik also holds ownership stakes in several pipelines. The company operates in two reportable segments which include 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. The Pipeline Transportation segment consists of three EMI pipelines originating in the Permian Basin with various access points to the U.S. Gulf Coast, Kinetik NGL Pipelines, and Delaware Link Pipeline.
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