Kinetik Holdings vs South Bow
Kinetik Holdings and South Bow are similar in size: $1.76bn and $1.99bn of revenue in their latest fiscal years. Kinetik Holdings grew faster (19.0% against -6.3%). South Bow kept more of each dollar of sales as profit: a net margin of 21.8% against 10.1%.
| Latest fiscal year | Kinetik HoldingsKNTK, 2025 | South BowSOBO, 2025 |
|---|---|---|
| Revenue | $1.76bn | $1.99bn |
| Revenue growth | 19.0% | -6.3% |
| Net income | $178m | $433m |
| Operating margin | — | — |
| Net margin | 10.1% | 21.8% |
| Return on equity | — | 16.3% |
| Free cash flow | $112m | $539m |
| Cash | $4.0m | $549m |
| Total debt | $3.82bn | $5.81bn |
| Debt to equity | — | 214.4% |
| Dividend per share | — | — |
| Dividend yield | 5.2% | — |
| Share buybacks | $176m | — |
| Employees | 500 | — |
| Market value | $4.13bn | $7.25bn |
| Price vs our value range | Below our value range | — |
| Moat score | 30 (Weak) | — |
| Insider trades, 12 months | 1 buys, 59 sales | 0 buys, 0 sales |