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Kinetik Holdings (Kinetik Holdings) Operating Margin % : 17.31% (As of Dec. 2023)


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What is Kinetik Holdings Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Kinetik Holdings's Operating Income for the three months ended in Dec. 2023 was $60 Mil. Kinetik Holdings's Revenue for the three months ended in Dec. 2023 was $349 Mil. Therefore, Kinetik Holdings's Operating Margin % for the quarter that ended in Dec. 2023 was 17.31%.

The historical rank and industry rank for Kinetik Holdings's Operating Margin % or its related term are showing as below:

KNTK' s Operating Margin % Range Over the Past 10 Years
Min: -4.62   Med: 3.31   Max: 14.22
Current: 14.22


KNTK's Operating Margin % is ranked better than
62.81% of 976 companies
in the Oil & Gas industry
Industry Median: 7.885 vs KNTK: 14.22

Kinetik Holdings's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Kinetik Holdings's Operating Income for the three months ended in Dec. 2023 was $60 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $179 Mil.


Kinetik Holdings Operating Margin % Historical Data

The historical data trend for Kinetik Holdings's Operating Margin % 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.

* Premium members only.

Kinetik Holdings Operating Margin % Chart

Kinetik Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial -2.77 -1.52 8.14 13.44 14.22

Kinetik Holdings Quarterly Data
Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Margin % 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 15.24 9.74 16.74 12.51 17.31

Competitive Comparison of Kinetik Holdings's Operating Margin %

For the Oil & Gas Midstream subindustry, Kinetik Holdings's Operating Margin %, along with its competitors' market caps and Operating Margin % 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 Operating Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Kinetik Holdings's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Kinetik Holdings's Operating Margin % falls into.



Kinetik Holdings Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Kinetik Holdings's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=178.657 / 1256.412
=14.22 %

Kinetik Holdings's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=60.373 / 348.868
=17.31 %

* 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  (NYSE:KNTK) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Kinetik Holdings Operating Margin % Related Terms

Thank you for viewing the detailed overview of Kinetik Holdings's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Kinetik Holdings (Kinetik Holdings) Business Description

Traded in Other Exchanges
N/A
Address
2700 Post Oak Boulevard, Suite 300, Houston, TX, USA, 77056-4400
Kinetik is a midstream operator that provides gathering and processing services to gas and oil producers as well as pipeline transportation. It operates exclusively in Texas, serving the Permian Basin and connecting fields with market hubs and other large pipelines. In addition to directly operating pipelines, Kinetik also holds ownership stakes in several pipelines that transport molecules to the Gulf Coast enabling it to obtain exposure to export markets and international demand.
Executives
Kevin S Mccarthy director C/O KAYNE ANDERSON CAPITAL ADVISORS, LP, 1800 AVENUE OF THE STARS, SECOND FLOOR, LOS ANGELES CA 90067
Jamie Welch director, officer: See Remarks 3738 OAK LAWN AVE., DALLAS TX 75219
Apache Corp 10 percent owner 2000 POST OAK BLVD, STE 100, HOUSTON TX 77056-4400
Trevor Howard officer: See Remark 2700 POST OAK BLVD., SUITE 300, HOUSTON TX 77056
Todd Carpenter officer: See Remarks 2001 BRYAN STREET, SUITE 3700, DALLAS TX 75201
Matthew Wall officer: Executive Vice President, COO 2700 POST OAK BLVD, SUITE 300, HOUSTON TX 77056
Steven Stellato officer: See Remarks 645 HAMILTON STREET, SUITE 500, ALLENTOWN PA 18101
Anne Psencik officer: Chief Strategy Officer 2700 POST OAK BLVD, SUITE 300, HOUSTON TX 77056
Jesse Krynak director 2700 POST OAK BLVD., SUITE 300, HOUSTON TX 77056
Deborah L Byers director C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Ronald Schweizer director 2700 POST OAK BLVD, SUITE 300, HOUSTON TX 77056
Bcp Vii/bep Ii Holdings Manager L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bcp Raptor Aggregator L.p. 10 percent owner 345 PARK AVENUE, 43RD FLOOR, NEW YORK NY 10154
I Squared Capital, Llc 10 percent owner 600 BRICKELL AVENUE, PENTHOUSE, MIAMI FL 33131-3067
John-paul Munfa director C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154