ET vs KNTK
Energy Transfer LP and Kinetik Holdings Inc., side by side — 9 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | ET | KNTK |
|---|---|---|
| Revenue | $85.5B | $1.8B |
| Net income | $4.4B | $178.3M |
| Gross margin | 25.8% | 55.5% |
| Net margin | 6.7% | 29.8% |
| Return on equity | 9.3% | · |
| Diluted EPS | · | $2.63 |
| Dividend / share | · | · |
| Payout ratio | · | 108.7% |
| Free cash flow | $3.8B | $111.6M |
| Equity | · | $-565.4M |
| Net debt / equity | 1.37× | · |
| Current ratio | 1.22× | 0.69× |
| Revenue CAGR 5y | 17.0% | 33.9% |
| Profit CAGR 5y | · | · |
ET bills 48.5× the revenue of KNTK, and KNTK keeps more of each dollar of revenue as profit (29.8% against 6.7%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
9 years side by side
| Fiscal year | ET | KNTK |
|---|---|---|
| FY2025 | $85.5B | $1.8B |
| FY2024 | $82.7B | $1.5B |
| FY2023 | $78.6B | $1.3B |
| FY2022 | $89.9B | $1.2B |
| FY2021 | $67.4B | $662.0M |
| FY2020 | $39.0B | $410.2M |
| FY2019 | $54.2B | $135.8M |
| FY2018 | $54.1B | $76.8M |
| FY2017 | $40.5B | $15.1M |
Bottom line
| Fiscal year | ET | KNTK |
|---|---|---|
| FY2025 | $4.4B | $178.3M |
| FY2024 | $4.8B | $80.0M |
| FY2023 | $3.9B | $289.4M |
| FY2022 | $4.8B | $250.7M |
| FY2021 | $5.5B | $1.5M |
| FY2020 | $-648.0M | $-1.2B |
| FY2019 | $3.5B | $-1.3B |
| FY2018 | $1.7B | $-239,000 |
| FY2017 | $954.0M | $-18.6M |
9 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$83,771,611,000 | ET |
| FY2024 | +$81,188,071,000 | ET |
| FY2023 | +$77,329,588,000 | ET |
| FY2022 | +$88,662,510,000 | ET |
| FY2021 | +$66,754,956,000 | ET |
| FY2020 | +$38,543,824,000 | ET |
| FY2019 | +$54,077,202,000 | ET |
| FY2018 | +$54,010,250,000 | ET |
| FY2017 | +$40,507,858,000 | ET |
ET has reported the higher revenue in every one of these 9 fiscal years. The gap has widened since the earliest year compared.
9 of 18 comparable fiscal years — a year missing data on either side is not counted.
9 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −23.1 pp | KNTK |
| FY2024 | −8.5 pp | KNTK |
| FY2023 | −24.0 pp | KNTK |
| FY2022 | −14.1 pp | KNTK |
| FY2021 | +9.7 pp | ET |
| FY2020 | +282.1 pp | ET |
| FY2019 | +986.6 pp | ET |
| FY2018 | +6.6 pp | ET |
| FY2017 | +128.5 pp | ET |
The higher net margin has changed hands between ET and KNTK over this period.
9 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
KNTK's net margin has been more volatile than ET's over the 9 comparable fiscal years — 310.8 percentage points of standard deviation against 2.5.
9 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between ET and KNTK over these 9 fiscal years — ET led in 5 and KNTK in 4.
9 of 18 comparable fiscal years — a year missing data on either side is not counted.