Kinetik
KNTK
#3258
Rank
$3.62 B
Marketcap
$60.59
Share price
0.75%
Change (1 day)
71.06%
Change (1 year)

Operating Margin for Kinetik (KNTK)

Operating Margin as of November 2024 (TTM): 32.56%

According to Kinetik's latest financial reports and stock price the company's current Operating Margin is 32.56%. At the end of 2023 the company had an Operating Margin of 12.22%.

Operating Margin history for Kinetik from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202312.22%-41.46%
202220.88%4029.46%
20210.51%-100.18%
2020-281.54%661.27%
2019-36.98%93.9%
2018-19.07%

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.