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Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Kinetik Holdings's annualizedNet Income for the quarter that ended in Mar. 2026 was $-21 Mil. Kinetik Holdings's average total tangible assets for the quarter that ended in Mar. 2026 was $6,560 Mil. Therefore, Kinetik Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -0.31%.
The historical rank and industry rank for Kinetik Holdings's Return-on-Tangible-Asset or its related term are showing as below:
KNTK'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -47.19 Med: 3.39 Max: 8.29
Current: 7.68
During the past 8 years, Kinetik Holdings's highest Return-on-Tangible-Asset was 8.29%. The lowest was -47.19%. And the median was 3.39%.
KNTK's Return-on-Tangible-Asset is ranked better than 79.67% of 1028
companies
in the Oil & Gas industry
Industry Median: 2.055
vs KNTK: 7.68
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Kinetik Holdings Return-on-Tangible-Asset Related Terms
Kinetik Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Kinetik Holdings's Return-on-Tangible-Asset 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 SUNC, STNG, DHT: Return-on-Tangible-Asset Comparison
For the Oil & Gas Midstream subindustry, Kinetik Holdings's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Kinetik Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Kinetik Holdings's Return-on-Tangible-Asset 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of -0.31% mean?
Kinetik Holdings (KNTK) has a Return-on-Tangible-Asset of -0.31% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Kinetik Holdings and its competitors. According to the industry distribution chart, Kinetik Holdings ranks #209 out of 1028 companies in the Oil & Gas industry, placing it in the top 20.3%.
Is Kinetik Holdings' Return-on-Tangible-Asset too high?
Kinetik Holdings' current Return-on-Tangible-Asset is -0.31%. Based on the distribution chart, Kinetik Holdings ranks #209 out of 1028 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' Return-on-Tangible-Asset compare to SUNC and STNG?
According to the Oil & Gas industry distribution chart, Kinetik Holdings ranks #209 out of 1028 companies for Return-on-Tangible-Asset. This places Kinetik Holdings in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.06. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for an Oil & Gas company?
The median Return-on-Tangible-Asset among Oil & Gas companies is 2.06, based on 1,028 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Kinetik Holdings and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kinetik Holdings's current Return-on-Tangible-Asset is -0.31%. 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 $46.12, compared to a current price of $48.97 — trading 6.2% above its estimated fair value. The current Return-on-Tangible-Asset is -0.31%. 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 Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Kinetik Holdings (KNTK), the current Return-on-Tangible-Asset is -0.31% 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 $48.97 is trading 6.2% above its estimated GF Value™ of $46.12.
GuruFocus considers Kinetik Holdings to be Fairly Valued.
Key valuation signals for KNTK:
Return-on-Tangible-Asset: -0.31%
GF Value™: $46.12 vs. price of $48.97 (6.2% 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
Get the complete analysis for KNTK
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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