KNTK vs. KMI

Last updated Apr 2, 2026

Compare and contrast key facts about Kinetik Holdings Inc (KNTK) and Kinder Morgan, Inc. (KMI).

Performance

KNTK vs. KMI - Performance Comparison

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

KNTK vs. KMI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
KNTK Kinetik Holdings Inc	29.65%	-31.95%	83.11%	8.20%	14.62%	41.87%	-17.03%	-63.00%	-20.39%	0.10%
KMI Kinder Morgan, Inc.	20.77%	4.74%	64.42%	4.10%	21.23%	23.75%	-30.77%	44.43%	-11.18%	-10.47%

Fundamentals

Market Cap KNTK : $2.96B KMI : $73.16B
EPS KNTK : $8.36 KMI : $1.32
PE Ratio KNTK : 5.48 KMI : 24.99
PEG Ratio KNTK : 0.00 KMI : 0.06
PS Ratio KNTK : 1.63 KMI : 4.31
Total Revenue (TTM) KNTK : $1.76B KMI : $16.95B
Gross Profit (TTM) KNTK : $461.65M KMI : $4.34B
EBITDA (TTM) KNTK : $725.93M KMI : $7.08B

Returns By Period

In the year-to-date period, KNTK achieves a 29.65% return, which is significantly higher than KMI's 20.77% return.

KNTK

• 1D: -5.37%
• 1M: -2.37%
• YTD: 29.65%
• 6M: 16.78%
• 1Y: -6.95%
• 3Y*: 22.70%
• 5Y*: 19.43%
• 10Y*: —

KMI

• 1D: -1.94%
• 1M: -2.98%
• YTD: 20.77%
• 6M: 18.63%
• 1Y: 19.79%
• 3Y*: 30.10%
• 5Y*: 20.96%
• 10Y*: 12.14%

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

Return for Risk

KNTK vs. KMI — Risk / Return Rank

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

KNTK

KNTK Risk / Return Rank: 33
KNTK Sharpe Ratio Rank: 32
KNTK Sortino Ratio Rank: 30
KNTK Omega Ratio Rank: 30
KNTK Calmar Ratio Rank: 37
KNTK Martin Ratio Rank: 37

KMI

KMI Risk / Return Rank: 67
KMI Sharpe Ratio Rank: 70
KMI Sortino Ratio Rank: 60
KMI Omega Ratio Rank: 62
KMI Calmar Ratio Rank: 71
KMI Martin Ratio Rank: 70

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. KMI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kinetik Holdings Inc (KNTK) and Kinder Morgan, Inc. (KMI). 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	KMI	Difference
Sharpe ratio Return per unit of total volatility	-0.17	0.86	-1.03
Sortino ratio Return per unit of downside risk	0.04	1.19	-1.15
Omega ratio Gain probability vs. loss probability	1.01	1.18	-0.17
Calmar ratio Return relative to maximum drawdown	-0.13	1.58	-1.70
Martin ratio Return relative to average drawdown	-0.22	3.58	-3.81
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. KMI - Sharpe Ratio Comparison

The current KNTK Sharpe Ratio is -0.17, which is lower than the KMI Sharpe Ratio of 0.86. The chart below compares the historical Sharpe Ratios of KNTK and KMI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	KNTK	KMI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.17	0.86	-1.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	0.94	-0.44
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.44	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.05	0.18	-0.23

Correlation

The correlation between KNTK and KMI is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

KNTK vs. KMI - Dividend Comparison

KNTK's dividend yield for the trailing twelve months is around 6.88%, more than KMI's 3.56% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
KNTK Kinetik Holdings Inc	6.88%	8.65%	5.34%	6.74%	6.80%	9.79%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
KMI Kinder Morgan, Inc.	3.56%	4.24%	4.18%	6.38%	6.10%	6.76%	7.59%	4.49%	4.71%	2.77%	2.41%	12.94%

Drawdowns

KNTK vs. KMI - Drawdown Comparison

The maximum KNTK drawdown since its inception was -95.36%, which is greater than KMI's maximum drawdown of -72.70%. Use the drawdown chart below to compare losses from any high point for KNTK and KMI.

Drawdown Indicators

	KNTK	KMI	Difference
Max Drawdown Largest peak-to-trough decline	-95.36%	-72.70%	-22.66%
Max Drawdown (1Y) Largest decline over 1 year	-37.76%	-12.83%	-24.93%
Max Drawdown (5Y) Largest decline over 5 years	-48.98%	-20.31%	-28.67%
Max Drawdown (10Y) Largest decline over 10 years	—	-55.13%	—
Current Drawdown Current decline from peak	-34.51%	-3.49%	-31.02%
Average Drawdown Average peak-to-trough decline	-48.87%	-32.36%	-16.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	21.67%	5.64%	+16.03%

Volatility

KNTK vs. KMI - Volatility Comparison

Kinetik Holdings Inc (KNTK) has a higher volatility of 8.41% compared to Kinder Morgan, Inc. (KMI) at 5.72%. This indicates that KNTK's price experiences larger fluctuations and is considered to be riskier than KMI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KNTK	KMI	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.41%	5.72%	+2.69%
Volatility (6M) Calculated over the trailing 6-month period	28.57%	14.40%	+14.17%
Volatility (1Y) Calculated over the trailing 1-year period	41.22%	22.99%	+18.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.23%	22.48%	+16.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	86.48%	27.90%	+58.58%

Financials

KNTK vs. KMI - Profitability Comparison

The chart below illustrates the profitability comparison between Kinetik Holdings Inc and Kinder Morgan, 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 Apr 2026, Kinetik Holdings Inc reported a gross profit of 0.00 and revenue of 430.42M. Therefore, the gross margin over that period was 0.0%.

KMI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Kinder Morgan, Inc. reported a gross profit of 0.00 and revenue of 4.51B. Therefore, the gross margin over that period was 0.0%.

KNTK - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Kinetik Holdings Inc reported an operating income of 48.40M and revenue of 430.42M, resulting in an operating margin of 11.2%.

KMI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Kinder Morgan, Inc. reported an operating income of 1.36B and revenue of 4.51B, resulting in an operating margin of 30.3%.

KNTK - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Kinetik Holdings Inc reported a net income of 416.70M and revenue of 430.42M, resulting in a net margin of 96.8%.

KMI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Kinder Morgan, Inc. reported a net income of 866.00M and revenue of 4.51B, resulting in a net margin of 19.2%.