KNTK FY 2024 Earnings — Kinetik Holdings Inc. Revenue & Financial Results | Market Cap Arena

KNTKKinetik Holdings Inc.

$3B

FY 2024 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$1.5B+18.0% YoY

Gross Profit

$538M36.3% margin

Operating Income

$179M12.1% margin

Net Income

$244M16.5% margin

EPS (Diluted)

$1.02

Cash Flow

Operating Cash Flow

$637M

Free Cash Flow

$361M

Stock-Based Comp.

$77M

Balance Sheet

Total Assets

$6.8B

Total Liabilities

$3.8B

Stockholders' Equity

-$3.0B

Cash & Equivalents

$4M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.5B	$1.3B	+18.0%
Gross Profit	$538M	$460M	+17.1%
Operating Income	$179M	$159M	+12.5%
Net Income	$244M	$386M	-36.8%