KNTK vs. CAVA

Last updated Jun 3, 2026

KNTK (Kinetik Holdings Inc) and CAVA (CAVA Group Inc.) are both stocks. KNTK operates in Oil & Gas Midstream (Energy), while CAVA operates in Restaurants (Consumer Cyclical). Over the past year, KNTK returned 8.91% vs -10.84% for CAVA. At a 0.23 correlation, their price movements are largely independent.

Performance

KNTK vs. CAVA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kinetik Holdings Inc (KNTK) and CAVA Group Inc. (CAVA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KNTK achieves a 31.12% return, which is significantly higher than CAVA's 23.43% return.

KNTK

• 1D: 0.04%
• 1M: -7.77%
• YTD: 31.12%
• 6M: 36.93%
• 1Y: 8.91%
• 3Y*: 20.19%
• 5Y*: 13.83%
• 10Y*: —

CAVA

• 1D: -2.99%
• 1M: -20.38%
• YTD: 23.43%
• 6M: 37.38%
• 1Y: -10.84%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

KNTK vs. CAVA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
KNTK Kinetik Holdings Inc	31.12%	-31.95%	83.11%	3.60%
CAVA CAVA Group Inc.	23.43%	-47.97%	162.45%	-1.83%

Correlation

The correlation between KNTK and CAVA is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.11
Correlation (All Time) Calculated using the full available price history since Jun 16, 2023	0.23

The correlation between KNTK and CAVA shifts across timeframes, from 0.11 (1 year) to 0.23 (all time), reflecting how their relationship changes across market environments.

Fundamentals

EPS KNTK : $3.57 CAVA : $0.54
PE Ratio KNTK : 12.75 CAVA : 134.34
PEG Ratio KNTK : 0.01 CAVA : 0.73
PS Ratio KNTK : 1.68 CAVA : 7.26
Total Revenue (TTM) KNTK : $1.73B CAVA : $1.18B
Gross Profit (TTM) KNTK : $429.92M CAVA : $216.81M
EBITDA (TTM) KNTK : $1.06B CAVA : $150.65M

Return for Risk

KNTK vs. CAVA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

KNTK

KNTK Risk / Return Rank: 46
KNTK Sharpe Ratio Rank: 49
KNTK Sortino Ratio Rank: 44
KNTK Omega Ratio Rank: 42
KNTK Calmar Ratio Rank: 48
KNTK Martin Ratio Rank: 49

CAVA

CAVA Risk / Return Rank: 33
CAVA Sharpe Ratio Rank: 32
CAVA Sortino Ratio Rank: 33
CAVA Omega Ratio Rank: 32
CAVA Calmar Ratio Rank: 33
CAVA Martin Ratio Rank: 33

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KNTK vs. CAVA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kinetik Holdings Inc (KNTK) and CAVA Group Inc. (CAVA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	KNTK	CAVA	Difference
Sharpe ratio Return per unit of total volatility	0.25	-0.19	+0.44
Sortino ratio Return per unit of downside risk	0.62	0.12	+0.49
Omega ratio Gain probability vs. loss probability	1.07	1.01	+0.06
Calmar ratio Return relative to maximum drawdown	0.34	-0.21	+0.54
Martin ratio Return relative to average drawdown	0.80	-0.42	+1.21
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KNTK vs. CAVA - Sharpe Ratio Comparison

The current KNTK Sharpe Ratio is 0.25, which is higher than the CAVA Sharpe Ratio of -0.19. The chart below compares the historical Sharpe Ratios of KNTK and CAVA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	KNTK	CAVA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.25	-0.19	+0.44
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.36	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.04	0.31	-0.36

Drawdowns

KNTK vs. CAVA - Drawdown Comparison

The maximum KNTK drawdown since its inception was -95.36%, which is greater than CAVA's maximum drawdown of -71.11%. Use the drawdown chart below to compare losses from any high point for KNTK and CAVA.

Drawdown Indicators

	KNTK	CAVA	Difference
Max Drawdown Largest peak-to-trough decline	-95.36%	-71.11%	-24.25%
Max Drawdown (1Y) Largest decline over 1 year	-30.30%	-52.65%	+22.35%
Max Drawdown (3Y) Largest decline over 3 years	-48.98%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-48.98%	—	—
Current Drawdown Current decline from peak	-33.77%	-51.99%	+18.22%
Average Drawdown Average peak-to-trough decline	-48.53%	-29.96%	-18.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.80%	26.15%	-13.35%

Volatility

KNTK vs. CAVA - Volatility Comparison

The current volatility for Kinetik Holdings Inc (KNTK) is 8.70%, while CAVA Group Inc. (CAVA) has a volatility of 15.31%. This indicates that KNTK experiences smaller price fluctuations and is considered to be less risky than CAVA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KNTK	CAVA	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.70%	15.31%	-6.61%
Volatility (6M) Calculated over the trailing 6-month period	23.60%	41.67%	-18.07%
Volatility (1Y) Calculated over the trailing 1-year period	35.87%	57.26%	-21.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.54%	59.27%	-20.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	85.76%	59.27%	+26.49%

Dividends

KNTK vs. CAVA - Dividend Comparison

KNTK's dividend yield for the trailing twelve months is around 6.98%, while CAVA has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
CAVA CAVA Group Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
KNTK Kinetik Holdings Inc	6.98%	8.65%	5.34%	6.74%	6.80%	9.79%

Financials

KNTK vs. CAVA - Profitability Comparison

The chart below illustrates the profitability comparison between Kinetik Holdings Inc and CAVA Group Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

KNTK - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Kinetik Holdings Inc reported a gross profit of 0.00 and revenue of 409.98M. Therefore, the gross margin over that period was 0.0%.

CAVA - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, CAVA Group Inc. reported a gross profit of 40.95M and revenue of 274.99M. Therefore, the gross margin over that period was 14.9%.

KNTK - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Kinetik Holdings Inc reported an operating income of -3.84M and revenue of 409.98M, resulting in an operating margin of -0.9%.

CAVA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, CAVA Group Inc. reported an operating income of 8.43M and revenue of 274.99M, resulting in an operating margin of 3.1%.

KNTK - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Kinetik Holdings Inc reported a net income of -5.13M and revenue of 409.98M, resulting in a net margin of -1.3%.

CAVA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, CAVA Group Inc. reported a net income of 4.92M and revenue of 274.99M, resulting in a net margin of 1.8%.

Frequently Asked Questions

Can I hold both KNTK and CAVA in my portfolio?

KNTK and CAVA have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KNTK or CAVA?

CAVA has higher volatility (15.31%) compared to KNTK (8.70%). In terms of maximum drawdown, KNTK dropped -95.36% vs CAVA's -71.11%.

Which has better risk-adjusted returns?

KNTK currently has the higher Sharpe Ratio (0.25 vs -0.19), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.