• Kinetik Holdings average operating margin for 2023 was 12.65%, a 5.86% increase from 2022.
• Kinetik Holdings average operating margin for 2022 was 11.95%, a 35.58% increase from 2021.
• Kinetik Holdings average operating margin for 2021 was 18.55%, a 103.02% decline from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.