KNTK vs WES
Kinetik Holdings Inc. and Western Midstream Partners, LP, side by side — 9 fiscal years reported in USD, drawn from SEC filings.
At a glance
Most recent reported year
| Metric | KNTK | WES |
|---|---|---|
| Revenue | $1.8B | $3.8B |
| Net income | $178.3M | $1.2B |
| Gross margin | 55.5% | 94.6% |
| Net margin | 29.8% | 31.6% |
| Return on equity | — | — |
| Diluted EPS | $2.63 | — |
| Dividend / share | — | — |
| Payout ratio | 108.7% | 121.2% |
| Free cash flow | $111.6M | — |
| Equity | $-565.4M | — |
| Net debt / equity | — | — |
| Current ratio | 0.69× | 1.34× |
| Revenue CAGR 5y | 33.9% | 8.6% |
| Profit CAGR 5y | — | 17.5% |
WES bills 2.2× the revenue of KNTK, and keeps more of each dollar of revenue as profit (31.6% against 29.8%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner.
Revenue by year
9 years side by side
| Fiscal year | KNTK | WES |
|---|---|---|
| FY2025 | $1.8B | $3.8B |
| FY2024 | $1.5B | $3.6B |
| FY2023 | $1.3B | $3.1B |
| FY2022 | $1.2B | $3.3B |
| FY2021 | $662.0M | $2.7B |
| FY2020 | $410.2M | $2.5B |
| FY2019 | $135.8M | $2.7B |
| FY2018 | $76.8M | $2.3B |
| FY2017 | $15.1M | $2.4B |
Net income by year
Bottom line
| Fiscal year | KNTK | WES |
|---|---|---|
| FY2025 | $178.3M | $1.2B |
| FY2024 | $80.0M | $1.6B |
| FY2023 | $289.4M | $1.0B |
| FY2022 | $250.7M | $1.2B |
| FY2021 | $1.5M | $916.3M |
| FY2020 | $-1.2B | $527.0M |
| FY2019 | $-1.3B | $697.2M |
| FY2018 | $-239,000 | $551.6M |
| FY2017 | $-18.6M | $540.8M |