The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Kinetik Holdings Pretax Margin % Related Terms
Kinetik Holdings Pretax Margin % Historical Data
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The historical data trend for Kinetik Holdings's Pretax 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.
KNTK vs STNG, SUNC, INSW: Pretax Margin % Comparison
For the Oil & Gas Midstream subindustry, Kinetik Holdings's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Kinetik Holdings's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Kinetik Holdings's Pretax Margin % falls into.
* 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 (KNTK) has a Pretax Margin % of -1.44% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Kinetik Holdings and its competitors. According to the industry distribution chart, Kinetik Holdings ranks #128 out of 921 companies in the Oil & Gas industry, placing it in the top 13.9%.
Is Kinetik Holdings' Pretax Margin % too high?
Kinetik Holdings' current Pretax Margin % is -1.44%. Based on the distribution chart, Kinetik Holdings ranks #128 out of 921 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. 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' Pretax Margin % compare to STNG and SUNC?
According to the Oil & Gas industry distribution chart, Kinetik Holdings ranks #128 out of 921 companies for Pretax Margin %. This places Kinetik Holdings in the top 14% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 5.18. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for an Oil & Gas company?
The median Pretax Margin % among Oil & Gas companies is 5.18, based on 921 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Kinetik Holdings and its competitors. For the Oil & Gas industry, the median Pretax Margin % is 5.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kinetik Holdings's current Pretax Margin % is -1.44%. 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 $49.42 — trading 7.9% above its estimated fair value. The current Pretax Margin % is -1.44%. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Kinetik Holdings (KNTK), the current Pretax Margin % is -1.44% 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 $49.42 is trading 7.9% above its estimated GF Value™ of $45.79.
GuruFocus considers Kinetik Holdings to be Fairly Valued.
Key valuation signals for KNTK:
Pretax Margin %: -1.44%
GF Value™: $45.79 vs. price of $49.42 (7.9% above fair value)
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 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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