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Kinetik Holdings Inc. (ALTM) Add to portfolio

1m | 3m | 6m | 1y | 2y | 5y | 10y
Price: $9.90 Metrics
OS: 146.1 M 7 % ROE
Market cap: $1.45 B 3 % ROIC
Net debt: $3.62 B 14.3 x Debt/EBITDA
EV: $5.07 B

 
TTM Valuation
EBITDA $254 M 20.0 x EV/EBITDA
EBIT ($17.4) M
EPS $94.06 0.1 x P/E

Recent News + Filings   (All items)
Date FiledTypeDescription
08/24/2023 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements...
08/22/2023 4 Welch Jamie (See Remarks) has filed a Form 4 on Kinetik Holdings Inc.
08/18/2023 SC 13D/A Blackstone Holdings III L.P. reports a 65.3% stake in KINETIK HOLDINGS INC.
08/18/2023 SC 13D/A Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend]
08/18/2023 SC 13D/A Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend]
08/08/2023 10-Q Quarterly Report for the period ended June 30, 2023
08/08/2023 IRANNOTICE Form IRANNOTICE - Notice of disclosure filed pursuant to Section 219 of the Iran Threat Reduction and Syria Human Rights Act of 2012 (Exchange Act Section 13(r)).:


Financial Summary   (All financials)
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17
Revenues1,213.5662.0410.2135.876.815.1
            Revenue growth83.3%61.4%202.0%76.9%406.9% 
Cost of goods sold137.390.993.713.27.616.7
Gross profit1,076.2571.2316.5122.669.1-1.6
            Gross margin88.7%86.3%77.2%90.3%90.1%-10.2%
General and administrative94.328.622.910.37.44.0
EBITA115.5128.0123.934.0-12.2-11.5
            EBITA margin9.5%19.3%30.2%25.0%-15.9%-76.2%
Amortization of intangibles120.7136.8126.4   
EBIT-5.2-8.8-2.534.0-12.2-11.5
            EBIT margin-0.4%-1.3%-0.6%25.0%-15.9%-76.2%
Pre-tax income253.33.3-1,154.8-1,262.8-10.7-11.5
Income taxes2.61.91.064.9-10.57.0
            Tax rate1.0%55.7%  97.8% 
Net income135.51.5-1,155.8-1,366.5-0.2-18.6
            Net margin11.2%0.2%-281.8%-1006.3%-0.3%-122.7%
 
Diluted EPS$3.28  ($364.80)($0.03)($0.30)
Shares outstanding (diluted)41.4  3.78.762.3
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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