KNTK vs TRGP
Kinetik Holdings Inc. and Targa Resources Corp., side by side — 9 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | KNTK | TRGP |
|---|---|---|
| Revenue | $1.8B | $17.0B |
| Net income | $178.3M | $1.9B |
| Gross margin | 55.5% | 38.3% |
| Net margin | 29.8% | 11.5% |
| Return on equity | · | 67.9% |
| Diluted EPS | $2.63 | $8.49 |
| Dividend / share | · | $3.75 |
| Payout ratio | 108.7% | · |
| Free cash flow | $111.6M | $584.1M |
| Equity | $-565.4M | $3.1B |
| Net debt / equity | · | 5.63× |
| Current ratio | 0.69× | 0.67× |
| Revenue CAGR 5y | 33.9% | 15.6% |
| Profit CAGR 5y | · | · |
TRGP bills 9.7× the revenue of KNTK, and KNTK keeps more of each dollar of revenue as profit (29.8% against 11.5%).
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 | KNTK | TRGP |
|---|---|---|
| FY2025 | $1.8B | $17.0B |
| FY2024 | $1.5B | $16.4B |
| FY2023 | $1.3B | $16.1B |
| FY2022 | $1.2B | $20.9B |
| FY2021 | $662.0M | $16.9B |
| FY2020 | $410.2M | $8.3B |
| FY2019 | $135.8M | $8.7B |
| FY2018 | $76.8M | $10.5B |
| FY2017 | $15.1M | $8.8B |
Bottom line
| Fiscal year | KNTK | TRGP |
|---|---|---|
| FY2025 | $178.3M | $1.9B |
| FY2024 | $80.0M | $1.3B |
| FY2023 | $289.4M | $1.3B |
| FY2022 | $250.7M | $1.2B |
| FY2021 | $1.5M | $71.2M |
| FY2020 | $-1.2B | $-1.6B |
| FY2019 | $-1.3B | $-209.2M |
| FY2018 | $-239,000 | $1.6M |
| FY2017 | $-18.6M | $54.0M |
9 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$15,263,911,000 | TRGP |
| FY2024 | −$14,898,571,000 | TRGP |
| FY2023 | −$14,803,888,000 | TRGP |
| FY2022 | −$19,716,310,000 | TRGP |
| FY2021 | −$16,287,756,000 | TRGP |
| FY2020 | −$7,850,124,000 | TRGP |
| FY2019 | −$8,535,302,000 | TRGP |
| FY2018 | −$10,407,250,000 | TRGP |
| FY2017 | −$8,799,758,000 | TRGP |
TRGP has reported the higher revenue in every one of these 9 fiscal years. The gap has widened since the earliest year compared.
9 of 11 comparable fiscal years — a year missing data on either side is not counted.
8 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +18.3 pp | KNTK |
| FY2024 | +7.0 pp | KNTK |
| FY2023 | +20.9 pp | KNTK |
| FY2021 | −2.3 pp | TRGP |
| FY2020 | −265.7 pp | TRGP |
| FY2019 | −978.2 pp | TRGP |
| FY2018 | −0.9 pp | TRGP |
| FY2017 | −123.9 pp | TRGP |
The higher net margin has changed hands between KNTK and TRGP over this period.
8 of 11 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 TRGP's over the 8 comparable fiscal years — 323.9 percentage points of standard deviation against 8.2.
8 of 11 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between KNTK and TRGP over these 8 fiscal years — KNTK led in 3 and TRGP in 5.
8 of 11 comparable fiscal years — a year missing data on either side is not counted.