Kinetik
KNTK
#3788
Rank
$2.62 B
Marketcap
$43.90
Share price
1.41%
Change (1 day)
23.84%
Change (1 year)

Operating Margin for Kinetik (KNTK)

Operating Margin as of July 2024 (TTM): 34.19%

According to Kinetik's latest financial reports and stock price the company's current Operating Margin is 34.19%. At the end of 2021 the company had an Operating Margin of 0.51%.

Operating Margin history for Kinetik from 2021 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20210.51%-100.18%
2020-281.22%660.41%
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.