Kinetik Holdings (KNTK) Operating Margin (2017 - 2026)
Kinetik Holdings' Operating Margin was 23.04% in Q2 2026, up 4.89 percentage points from 18.15% a year earlier and up 23.98 percentage points from the prior quarter.
Kinetik Holdings (KNTK) Operating Margin (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, Kinetik Holdings' Operating Margin was 10.52% through Jun 30, 2026, down 1.18 percentage points year-over-year; for FY2025, it was 9.35%, down 2.74 percentage points from FY2024.
- Operating Margin shows a five-year change of +258.14 percentage points (FY2020 to FY2025).
- In earlier years, Operating Margin was 12.09% in FY2024 (-0.59 pp), 12.68% in FY2023 (+0.27 pp), 12.40% in FY2022 (+4.32 pp) and 8.08% in FY2021 (+256.87 pp).
- The Q2 2026 figure marks the highest quarterly Operating Margin since Q3 2020.
- Compared with a year earlier, Operating Margin was higher in four of the last eight quarters, with an average year-over-year change of -1.69 percentage points.
- The best year-over-year quarter for Operating Margin over five years was Q4 2021 (a gain of 362.67 percentage points); the worst was Q3 2021 (a drop of 37.54 percentage points).
- Per Business Quant data, KNTK's Operating Margin in the three quarters before Q2 2026 was -0.94% (Q1 2026), 11.24% (Q4 2025) and 4.26% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 9.93% |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 12.31% |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 10.41% |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 30.06% |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | 135.28% |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | 27.80% |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 41.61% |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 13.22% |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 74.84% |
| 10 | Kinetik Holdings | 8.32 Bn | 12.40 Bn | 343.85 Mn | 23.04% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.04% |
| Mar 31, 2026 | -0.94% |
| Dec 31, 2025 | 11.24% |
| Sep 30, 2025 | 4.26% |
| Jun 30, 2025 | 18.15% |
| Mar 31, 2025 | 4.35% |
| Dec 31, 2024 | 6.14% |
| Sep 30, 2024 | 18.39% |
| Jun 30, 2024 | 15.74% |
| Mar 31, 2024 | 7.65% |
| Dec 31, 2023 | 16.09% |
| Sep 30, 2023 | 11.63% |
| Jun 30, 2023 | 12.64% |
| Mar 31, 2023 | 9.70% |
| Dec 31, 2022 | 15.23% |
| Sep 30, 2022 | 14.08% |
| Jun 30, 2022 | 12.10% |
| Mar 31, 2022 | 7.41% |
| Dec 31, 2021 | 2.48% |
| Sep 30, 2021 | 9.63% |
Kinetik Holdings Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=KNTK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "KNTK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=KNTK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();