Frontline vs Kinetik Holdings
Frontline and Kinetik Holdings are similar in size: $1.97bn and $1.76bn of revenue in their latest fiscal years. Kinetik Holdings grew faster (19.0% against -8.8%). Frontline kept more of each dollar of sales as profit: a net margin of 19.2% against 10.1%.
| Latest fiscal year | FrontlineFRO, 2025 | Kinetik HoldingsKNTK, 2025 |
|---|---|---|
| Revenue | $1.97bn | $1.76bn |
| Revenue growth | -8.8% | 19.0% |
| Net income | $379m | $178m |
| Operating margin | 30.4% | — |
| Net margin | 19.2% | 10.1% |
| Return on equity | 15.6% | — |
| Free cash flow | $670m | $112m |
| Cash | $251m | $4.0m |
| Total debt | $3.07bn | $3.82bn |
| Debt to equity | 122.2% | — |
| Dividend per share | — | — |
| Dividend yield | 1.8% | 5.2% |
| Share buybacks | — | $176m |
| Employees | — | 500 |
| Market value | $11.69bn | $4.13bn |
| Price vs our value range | — | Below our value range |
| Moat score | — | 30 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 1 buys, 59 sales |