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Kinder Morgan, Inc.(KMI)Earnings, Financials & Key Ratios
KMI•NYSE
23.1× P/E·Price updated Jun 19, 2026
AboutKinder Morgan, Inc. operates as an energy infrastructure company in North America. The company operates through four segments: Natural Gas Pipelines, Products Pipelines, Terminals, and CO2. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline, and underground storage systems; natural gas gathering systems and natural gas processing and treating facilities; natural gas liquids fractionation facilities and transportation systems; and liquefied natural gas liquefaction and storage facilities. The Products Pipelines segment owns and operates refined petroleum products, and crude oil and condensate pipelines; and associated product terminals and petroleum pipeline transmix facilities. The Terminals segment owns and/or operates liquids and bulk terminals that stores and handles various commodities, including gasoline, diesel fuel, chemicals, ethanol, metals, and petroleum coke; and owns tankers. The CO2 segment produces, transports, and markets CO2 to recovery and production crude oil from mature oil fields; owns interests in/or operates oil fields and gasoline processing plants; and operates a crude oil pipeline system in West Texas, as well as owns and operates RNG and LNG facilities. It owns and operates approximately 83,000 miles of pipelines and 143 terminals. The company was formerly known as Kinder Morgan Holdco LLC and changed its name to Kinder Morgan, Inc. in February 2011. Kinder Morgan, Inc. was founded in 1936 and is headquartered in Houston, Texas.Show more
- Revenue$16.95B+12.5%
- EBITDA$7.26B+7.8%
- Net Income$3.06B+17.0%
- EPS (Diluted)1.37+17.1%
- Gross Margin43.66%+19.1%
- EBITDA Margin42.86%-4.1%
- Operating Margin28.39%-2.4%
- Net Margin18.03%+4.0%
- ROE9.5%+15.6%
KMI Key Insights
Kinder Morgan, Inc. (KMI) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong 5Y profit CAGR of 91.4%
- ✓Strong Piotroski F-Score: 8/9
- ✓FCF machine: 19.0% free cash flow margin
- ✓High quality earnings: Operating CF exceeds net income
- ✓Healthy dividend yield of 3.7%
- ✓Healthy 5Y average net margin of 14.9%
✗Weaknesses
- ✗Low asset turnover indicates capital-intensive operations
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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KMI Price & Volume
Kinder Morgan, Inc. (KMI) stock price & volume — 10-year historical chart
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KMI Growth Metrics
Kinder Morgan, Inc. (KMI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years1.99%
5 Years8.11%
3 Years-4.65%
TTM13.1%
Profit CAGR
10 Years28.29%
5 Years91.39%
3 Years6.25%
TTM28.29%
EPS CAGR
10 Years25.62%
5 Years96.47%
3 Years6.95%
TTM28.45%
Return on Capital
10 Years6.05%
5 Years6.98%
3 Years6.72%
Last Year7.05%
KMI Recent Earnings
Kinder Morgan, Inc. (KMI) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 3/12 qtrs (25%)●Beat Revenue 5/12 qtrs (42%)
Q2 2026Latest
Apr 22, 2026Metric
Actual
Est
EPS
$0.48+21.2%
$0.40
Rev
$4.8B+4.3%
$4.6B
Q1 2026
Jan 21, 2026Metric
Actual
Est
EPS
$0.39+6.9%
$0.36
Rev
$4.5B+4.4%
$4.3B
Q4 2025
Oct 22, 2025Metric
Actual
Est
EPS
$0.29-1.0%
$0.29
Rev
$4.1B+4.2%
$4.0B
Q3 2025
Jul 16, 2025Metric
Actual
Est
EPS
$0.28+0.1%
$0.28
Rev
$4.0B+5.6%
$3.8B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 22, 2026 | $0.48vs $0.40+21.2% | $4.8Bvs $4.6B+4.3% |
| Q1 2026 | Jan 21, 2026 | $0.39vs $0.36+6.9% | $4.5Bvs $4.3B+4.4% |
| Q4 2025 | Oct 22, 2025 | $0.29vs $0.29-1.0% | $4.1Bvs $4.0B+4.2% |
| Q3 2025 | Jul 16, 2025 | $0.28vs $0.28+0.1% | $4.0Bvs $3.8B+5.6% |
Based on last 12 quarters of dataView full earnings history →
KMI Peer Comparison
Kinder Morgan, Inc. (KMI) competitors in Natural Gas Pipelines and Storage — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 WMB | 89.43B | 73.12 | 34.17 | 13.78% | 23.82% | 18.98% | 1.96 | |
 ET | 64.51B | 18.75 | 13.89 | -0.05% | 6.21% | 11.56% | 1.45 | |
 EPD | 79.12B | 36.60 | 13.76 | -6.44% | 11.03% | 19.29% | 1.14 | |
 TRGP | 55.5B | 258.58 | 30.35 | 3.06% | 12.98% | 70.77% | 5.49 | |
 OKE | 53.57B | 85.03 | 15.69 | 55.42% | 10.04% | 15.86% | 1.45 | |
 PAA | 15.06B | 21.34 | 12.86 | -11.61% | 2.54% | 8.84% | 0.86 | |
 MPLX | 57.7B | 56.84 | 11.79 | 8.37% | 37.54% | 32.81% | 1.80 | |
 DT | 12.07B | 41.42 | 76.70 | 18.82% | 8.06% | 6% | 0.06 |
Compare KMI vs Peers
Kinder Morgan, Inc. (KMI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
KMI Income Statement
Kinder Morgan, Inc. (KMI) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 13.62B | 14.28B | 13.16B | 11.48B | 17.53B | 19.55B | 15.16B | 15.07B | 16.95B | 17.52B |
Revenue Growth % | 5.21% | 4.85% | -7.82% | -12.77% | 52.74% | 11.53% | -22.49% | -0.55% | 12.45% | 13.1% |
Cost of Goods Sold | 9.09B | 9.26B | 8.26B | 7.2B | 11.17B | 14.05B | 10.02B | 9.54B | 9.55B | 9.3B |
COGS % of Revenue | 66.77% | 64.88% | 62.79% | 62.68% | 63.7% | 71.85% | 66.13% | 63.33% | 56.34% | - |
Gross Profit | 4.53B▲ 0% | 5.01B▲ 10.8% | 4.9B▼ 2.3% | 4.28B▼ 12.5% | 6.37B▲ 48.6% | 5.5B▼ 13.5% | 5.13B▼ 6.7% | 5.53B▲ 7.7% | 7.4B▲ 33.9% | 8.23B▲ 0% |
Gross Margin % | 33.23% | 35.12% | 37.21% | 37.32% | 36.3% | 28.15% | 33.87% | 36.67% | 43.66% | 46.95% |
Gross Profit Growth % | -8.53% | 10.81% | -2.33% | -12.52% | 48.58% | -13.53% | -6.72% | 7.67% | 33.88% | - |
Operating Expenses | 1.09B | 946M | 1.02B | 1.04B | 1.08B | 1.08B | 1.09B | 1.15B | 2.59B | 3.21B |
OpEx % of Revenue | 7.98% | 6.63% | 7.72% | 9.03% | 6.17% | 5.51% | 7.19% | 7.6% | 15.27% | - |
Selling, General & Admin | 688M | 601M | 590M | 648M | 655M | 637M | 668M | 712M | 936M | 1.05B |
SG&A % of Revenue | 5.05% | 4.21% | 4.48% | 5.65% | 3.74% | 3.26% | 4.41% | 4.72% | 5.52% | - |
Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
Other Operating Expenses | 398M | 345M | 426M | 389M | 426M | 441M | 421M | 433M | 1.65B | 2M |
Operating Income | 3.44B▲ 0% | 4.07B▲ 18.3% | 3.88B▼ 4.6% | 3.25B▼ 16.3% | 5.28B▲ 62.7% | 4.43B▼ 16.2% | 4.04B▼ 8.6% | 4.38B▲ 8.4% | 4.81B▲ 9.8% | 5.01B▲ 0% |
Operating Margin % | 25.26% | 28.49% | 29.49% | 28.29% | 30.14% | 22.63% | 26.69% | 29.08% | 28.39% | 28.61% |
Operating Income Growth % | -10.84% | 18.29% | -4.6% | -16.34% | 62.73% | -16.24% | -8.61% | 8.36% | 9.79% | - |
EBITDA | 5.7B | 6.37B | 6.29B | 5.41B | 7.42B | 6.61B | 6.29B | 6.74B | 7.26B | 7.49B |
EBITDA Margin % | 41.86% | 44.58% | 47.81% | 47.14% | 42.31% | 33.81% | 41.53% | 44.7% | 42.86% | 42.74% |
EBITDA Growth % | -6.03% | 11.67% | -1.15% | -14% | 37.11% | -10.88% | -4.79% | 7.02% | 7.84% | 9.99% |
D&A (Non-Cash Add-back) | 2.26B | 2.3B | 2.41B | 2.16B | 2.13B | 2.19B | 2.25B | 2.35B | 2.45B | 2.48B |
EBIT | 3.99B | 4.41B | 4.95B | 2.25B | 3.71B | 4.84B | 5B | 5.27B | 5.03B | 5.09B |
Net Interest Income | -1.83B | -1.9B | -1.79B | -1.59B | -1.5B | -1.51B | -1.8B | -1.87B | -1.8B | -1.78B |
Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Interest Expense | 1.83B | 1.9B | 1.79B | 1.59B | 1.5B | 1.51B | 1.8B | 1.87B | 1.8B | 1.78B |
Other Income/Expense | -1.28B | -1.56B | -716M | -2.59B | -3.06B | -1.09B | -844M | -976M | -820M | -662M |
Pretax Income | 2.16B▲ 0% | 2.51B▲ 16.0% | 3.17B▲ 26.3% | 661M▼ 79.1% | 2.22B▲ 235.7% | 3.33B▲ 50.3% | 3.2B▼ 4.0% | 3.41B▲ 6.4% | 3.99B▲ 17.2% | 4.35B▲ 0% |
Pretax Margin % | 15.87% | 17.55% | 24.05% | 5.76% | 12.66% | 17.06% | 21.12% | 22.6% | 23.55% | 24.83% |
Income Tax | 1.94B | 587M | 926M | 481M | 369M | 710M | 715M | 687M | 832M | 933M |
Effective Tax Rate % | 89.68% | 23.42% | 29.26% | 72.77% | 16.63% | 21.29% | 22.34% | 20.16% | 20.84% | 21.44% |
Net Income | 183M▲ 0% | 1.61B▲ 779.2% | 2.19B▲ 36.1% | 119M▼ 94.6% | 1.78B▲ 1399.2% | 2.55B▲ 42.8% | 2.39B▼ 6.2% | 2.61B▲ 9.3% | 3.06B▲ 17.0% | 3.31B▲ 0% |
Net Margin % | 1.34% | 11.27% | 16.64% | 1.04% | 10.18% | 13.03% | 15.78% | 17.34% | 18.03% | 18.92% |
Net Income Growth % | -74.15% | 779.24% | 36.11% | -94.57% | 1399.16% | 42.83% | -6.16% | 9.28% | 16.95% | 28.29% |
Net Income (Continuing) | 223M | 1.92B | 2.24B | 180M | 1.85B | 2.63B | 2.49B | 2.72B | 3.16B | 3.42B |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 1.49B | 1.52B | 1.15B | 1.13B | 1.1B | 1.37B | 1.42B | 1.34B | 1.29B | 1.26B |
EPS (Diluted) | 0.01▲ 0% | 0.66▲ 6500.0% | 0.96▲ 45.5% | 0.05▼ 95.1% | 0.78▲ 1566.7% | 1.12▲ 43.6% | 1.06▼ 5.4% | 1.17▲ 10.4% | 1.37▲ 17.1% | 1.49▲ 0% |
EPS Growth % | -96% | 6500% | 45.45% | -95.13% | 1566.67% | 43.59% | -5.36% | 10.38% | 17.09% | 28.45% |
EPS (Basic) | 0.01 | 0.66 | 0.96 | 0.05 | 0.78 | 1.12 | 1.06 | 1.17 | 1.37 | - |
Diluted Shares Outstanding | 2.23B | 2.22B | 2.26B | 2.26B | 2.27B | 2.26B | 2.23B | 2.22B | 2.23B | 2.23B |
Basic Shares Outstanding | 2.23B | 2.22B | 2.26B | 2.26B | 2.27B | 2.26B | 2.23B | 2.22B | 2.23B | 2.23B |
Dividend Payout Ratio | 612.02% | 100.56% | 98.77% | 1984.87% | 136.94% | 98.27% | 105.77% | 97.86% | 85.21% | - |
KMI Balance Sheet
Kinder Morgan, Inc. (KMI) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 2.71B | 5.72B | 3.24B | 3.2B | 3.83B | 3.8B | 2.54B | 2.52B | 2.75B | 72M |
Cash & Short-Term Investments | 264M | 3.28B | 1.11B | 1.18B | 1.14B | 745M | 83M | 88M | 109M | 72M |
Cash Only | 264M | 3.28B | 185M | 1.18B | 1.14B | 745M | 83M | 88M | 109M | 72M |
Short-Term Investments | 0 | 0 | 925M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts Receivable | 1.61B | 1.5B | 1.38B | 1.29B | 1.61B | 1.84B | 1.59B | 1.51B | 1.71B | 0 |
Days Sales Outstanding | 43.24 | 38.3 | 38.25 | 41.11 | 33.54 | 34.35 | 38.24 | 36.47 | 36.91 | 24.01 |
Inventory | 424M | 385M | 371M | 348M | 562M | 634M | 525M | 555M | 574M | 0 |
Days Inventory Outstanding | 17.02 | 15.17 | 16.39 | 17.65 | 18.37 | 16.47 | 19.12 | 21.22 | 21.94 | 16.63 |
Other Current Assets | 414M | 559M | 378M | 378M | 516M | 584M | 346M | 372M | 357M | 0 |
Total Non-Current Assets | 76.34B | 73.14B | 70.92B | 68.77B | 68.54B | 66.28B | 68.48B | 68.89B | 71.8B | 67.43B |
Property, Plant & Equipment | 40.16B | 37.9B | 36.42B | 35.84B | 35.97B | 35.6B | 37.3B | 38.01B | 39.55B | 39.7B |
Fixed Asset Turnover | 0.34x | 0.38x | 0.36x | 0.32x | 0.49x | 0.55x | 0.41x | 0.40x | 0.43x | 0.45x |
Goodwill | 22.16B | 21.96B | 21.45B | 19.85B | 19.91B | 19.96B | 20.12B | 20.08B | 20.08B | 20.08B |
Intangible Assets | 3.1B | 2.88B | 2.68B | 2.45B | 1.68B | 1.81B | 1.96B | 1.76B | 1.73B | 1.69B |
Long-Term Investments | 7.3B | 7.48B | 7.76B | 7.92B | 7.87B | 7.65B | 7.87B | 7.84B | 7.64B | 30.9B |
Other Non-Current Assets | 1.58B | 1.35B | 1.76B | 2.18B | 1.04B | 1.25B | 1.23B | 1.18B | 988M | 0 |
Total Assets | 79.06B▲ 0% | 78.87B▼ 0.2% | 74.16B▼ 6.0% | 71.97B▼ 2.9% | 72.37B▲ 0.5% | 70.08B▼ 3.2% | 71.02B▲ 1.3% | 71.41B▲ 0.5% | 74.55B▲ 4.4% | 73.07B▲ 0% |
Asset Turnover | 0.17x | 0.18x | 0.18x | 0.16x | 0.24x | 0.28x | 0.21x | 0.21x | 0.23x | 0.24x |
Asset Growth % | -1.56% | -0.24% | -5.97% | -2.95% | 0.55% | -3.16% | 1.34% | 0.54% | 4.41% | 9.84% |
Total Current Liabilities | 6.18B | 7.56B | 5.1B | 5.07B | 5.82B | 6.93B | 7.22B | 5.1B | 4.32B | 3.11B |
Accounts Payable | 1.34B | 1.34B | 914M | 837M | 1.26B | 1.44B | 1.37B | 1.4B | 1.41B | 0 |
Days Payables Outstanding | 53.79 | 52.68 | 40.37 | 42.46 | 41.15 | 37.51 | 49.75 | 53.34 | 53.82 | 39.3 |
Short-Term Debt | 2.7B | 3.39B | 2.38B | 2.56B | 2.69B | 3.38B | 4.05B | 2.01B | 1.27B | 2.19B |
Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Current Liabilities | 970M | 894M | 808M | 580M | 1.6B | 1.32B | 1.02B | 878M | 1.38B | 926M |
Current Ratio | 0.44x | 0.76x | 0.63x | 0.63x | 0.66x | 0.55x | 0.35x | 0.49x | 0.64x | 0.02x |
Quick Ratio | 0.37x | 0.71x | 0.56x | 0.56x | 0.56x | 0.46x | 0.28x | 0.39x | 0.50x | 0.02x |
Cash Conversion Cycle | 6.46 | 0.78 | 14.26 | 16.31 | 10.76 | 13.3 | 7.61 | 4.35 | 5.03 | 1.34 |
Total Non-Current Liabilities | 37.99B | 36.43B | 35.01B | 35.87B | 34.63B | 31.03B | 32.07B | 34.44B | 37.78B | 37.38B |
Long-Term Debt | 34.8B | 33.73B | 31.8B | 32.02B | 30.94B | 28.64B | 28.3B | 30.07B | 30.94B | 29.72B |
Capital Lease Obligations | 0 | 0 | 0 | 0 | 271M | 240M | 230M | 193M | 167M | 167M |
Deferred Tax Liabilities | 0 | 0 | 845M | 1.53B | 1.95B | 623M | 1.39B | 2.07B | 4.7B | 12.84B |
Other Non-Current Liabilities | 2.94B | 2.39B | 2.36B | 2.31B | 1.46B | 1.53B | 2.15B | 2.1B | 1.98B | 5.44B |
Total Liabilities | 43.93B | 43.67B | 40.11B | 40.94B | 40.45B | 37.96B | 39.29B | 39.54B | 42.1B | 40.49B |
Total Debt | 37.51B | 37.11B | 34.18B | 34.58B | 33.91B | 32.31B | 32.63B | 32.34B | 32.39B | 31.91B |
Net Debt | 37.24B | 33.83B | 34B | 33.4B | 32.76B | 31.52B | 32.53B | 32.12B | 32.28B | 31.83B |
Debt / Equity | 1.07x | 1.05x | 0.98x | 1.06x | 1.06x | 1.01x | 1.03x | 1.01x | 1.00x | 0.98x |
Debt / EBITDA | 6.58x | 5.83x | 5.43x | 6.39x | 4.57x | 4.89x | 5.18x | 4.80x | 4.46x | 4.26x |
Net Debt / EBITDA | 6.53x | 5.32x | 5.40x | 6.17x | 4.42x | 4.77x | 5.17x | 4.77x | 4.44x | 4.25x |
Interest Coverage | 2.18x | 2.32x | 2.77x | 1.42x | 2.48x | 3.21x | 2.77x | 2.83x | 2.79x | 2.86x |
Total Equity | 35.12B▲ 0% | 35.2B▲ 0.2% | 34.89B▼ 0.9% | 32.57B▼ 6.7% | 31.92B▼ 2.0% | 32.11B▲ 0.6% | 31.73B▼ 1.2% | 31.87B▲ 0.4% | 32.45B▲ 1.8% | 32.58B▲ 0% |
Equity Growth % | 0.93% | 0.21% | -0.88% | -6.66% | -1.98% | 0.6% | -1.2% | 0.43% | 1.83% | 6.01% |
Book Value per Share | 15.75 | 15.88 | 15.41 | 14.39 | 14.09 | 14.22 | 14.20 | 14.35 | 14.58 | 14.64 |
Total Shareholders' Equity | 33.64B | 33.68B | 33.74B | 31.44B | 30.82B | 30.74B | 30.31B | 30.53B | 31.16B | 31.32B |
Common Stock | 22M | 23M | 23M | 23M | 23M | 22M | 22M | 22M | 22M | 22M |
Retained Earnings | -7.75B | -7.72B | -7.69B | -9.94B | -10.6B | -10.55B | -10.69B | -10.63B | -10.18B | -9.86B |
Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accumulated OCI | -541M | -330M | -333M | -407M | -411M | -402M | -217M | -95M | 45M | -137M |
Minority Interest | 1.49B | 1.52B | 1.15B | 1.13B | 1.1B | 1.37B | 1.42B | 1.34B | 1.29B | 1.26B |
KMI Cash Flow Statement
Kinder Morgan, Inc. (KMI) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 4.6B | 5.04B | 4.75B | 4.55B | 5.71B | 4.97B | 6.49B | 5.63B | 6.25B | 6.31B |
Operating CF Margin % | 33.79% | 35.32% | 36.08% | 39.64% | 32.56% | 25.4% | 42.83% | 37.38% | 36.86% | - |
Operating CF Growth % | -3.89% | 9.61% | -5.85% | -4.17% | 25.45% | -12.98% | 30.68% | -13.19% | 10.86% | 52.77% |
Net Income | 223M | 1.61B | 2.19B | 623M | 1.85B | 2.63B | 2.49B | 2.72B | 3.04B | 3.31B |
Depreciation & Amortization | 2.26B | 2.3B | 2.41B | 2.16B | 2.13B | 2.26B | 2.25B | 2.35B | 2.45B | 2.48B |
Stock-Based Compensation | 65M | 63M | 62M | 73M | 59M | 60M | 63M | 0 | 0 | 0 |
Deferred Taxes | 2.07B | 405M | 717M | 345M | 355M | 692M | 710M | 647M | 780M | 894M |
Other Non-Cash Items | -19M | 270M | -382M | 1.31B | 1.53B | -413M | -213M | -10M | 197M | -817M |
Working Capital Changes | -2M | 399M | -250M | 31M | -218M | -258M | 1.2B | -76M | -223M | 391M |
Change in Receivables | -78M | -50M | 105M | 88M | -265M | -220M | 301M | 52M | -192M | -106M |
Change in Inventory | -90M | 15M | 4M | 16M | -202M | -183M | 188M | -12M | -21M | -18M |
Change in Payables | 73M | 21M | -198M | -19M | 387M | 161M | -201M | -5M | 96M | -19M |
Cash from Investing | -3.36B | -68M | -1.71B | -911M | -2.31B | -2.17B | -4.17B | -2.63B | -3.51B | -2.63B |
Capital Expenditures | -3.19B | -2.92B | -2.27B | -1.71B | -1.28B | -1.62B | -2.32B | -2.63B | -3.03B | -2.42B |
CapEx % of Revenue | 23.41% | 20.48% | 17.25% | 14.87% | 7.31% | 8.29% | 15.29% | 17.44% | 17.85% | 13.79% |
Acquisitions | -4M | 3.12B | 1.5B | 1.07B | -1.55B | -487M | -1.84B | -62M | -648M | -648M |
Investments | - | - | - | - | - | - | - | - | - | - |
Other Investing | 18M | 43M | -1.17B | 1.18B | 767M | 162M | 193M | 183M | -39M | 242M |
Cash from Financing | -1.68B | -1.82B | -6.18B | -2.64B | -3.46B | -3.15B | -3.01B | -2.89B | -2.84B | -3.79B |
Debt Issued (Net) | -2.2B | 160M | -3.2B | -108M | -899M | -677M | 234M | -116M | -57M | -1.03B |
Equity Issued (Net) | -250M | -273M | -2M | -50M | 0 | -368M | -522M | -7M | 0 | 0 |
Dividends Paid | -1.28B | -1.77B | -2.16B | -2.36B | -2.44B | -2.5B | -2.53B | -2.56B | -2.6B | -2.62B |
Share Repurchases | -250M | -273M | -2M | -50M | 0 | -368M | -522M | -7M | 0 | 0 |
Other Financing | 2.04B | 63M | -822M | -118M | -123M | 404M | -197M | -207M | -182M | -148M |
Net Change in Cash | -420M▲ 0% | 3B▲ 815.5% | -3.12B▼ 203.9% | 1B▲ 132.0% | -62M▼ 106.2% | -353M▼ 469.4% | -698M▼ 97.7% | 118M▲ 116.9% | -105M▼ 189.0% | -115M▲ 0% |
Free Cash Flow | 1.41B▲ 0% | 2.12B▲ 50.0% | 2.48B▲ 16.9% | 2.84B▲ 14.7% | 4.43B▲ 55.7% | 3.35B▼ 24.4% | 4.15B▲ 23.9% | 3.01B▼ 27.5% | 3.22B▲ 7.2% | 3.89B▲ 0% |
FCF Margin % | 10.38% | 14.84% | 18.83% | 24.77% | 25.25% | 17.11% | 27.36% | 19.94% | 19% | 22.2% |
FCF Growth % | -25.83% | 49.96% | 16.94% | 14.73% | 55.72% | -24.42% | 23.91% | -27.5% | 7.15% | 38.17% |
FCF per Share | 0.63 | 0.96 | 1.09 | 1.26 | 1.95 | 1.48 | 1.86 | 1.35 | 1.45 | 1.75 |
FCF Conversion (FCF/Net Income) | 25.14x | 3.13x | 2.17x | 38.24x | 3.20x | 1.95x | 2.71x | 2.16x | 2.04x | 1.17x |
Interest Paid | 0 | 0 | 1.86B | 1.66B | 1.53B | 1.46B | 1.84B | 1.82B | 0 | -657M |
Taxes Paid | 0 | 0 | 372M | 227M | 10M | 13M | 11M | 33M | 0 | -3M |
KMI Key Ratios
Kinder Morgan, Inc. (KMI) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 0.52% | 4.58% | 6.25% | 0.35% | 5.53% | 7.96% | 7.49% | 8.22% | 9.5% | 10.27% |
Return on Invested Capital (ROIC) | 3.52% | 4.32% | 4.22% | 3.61% | 6.07% | 5.17% | 4.74% | 5.12% | 5.6% | 5.82% |
Gross Margin | 33.23% | 35.12% | 37.21% | 37.32% | 36.3% | 28.15% | 33.87% | 36.67% | 43.66% | 46.95% |
Net Margin | 1.34% | 11.27% | 16.64% | 1.04% | 10.18% | 13.03% | 15.78% | 17.34% | 18.03% | 18.92% |
Debt / Equity | 1.07x | 1.05x | 0.98x | 1.06x | 1.06x | 1.01x | 1.03x | 1.01x | 1.00x | 0.98x |
Interest Coverage | 2.18x | 2.32x | 2.77x | 1.42x | 2.48x | 3.21x | 2.77x | 2.83x | 2.79x | 2.86x |
FCF Conversion | 25.14x | 3.13x | 2.17x | 38.24x | 3.20x | 1.95x | 2.71x | 2.16x | 2.04x | 1.17x |
Revenue Growth | 5.21% | 4.85% | -7.82% | -12.77% | 52.74% | 11.53% | -22.49% | -0.55% | 12.45% | 13.1% |
Related:KMI Dividend History·KMI Revenue History·KMI Price History·KMI P/E History·KMI Financial Ratios·KMI Institutional Holders
KMI SEC Filings & Documents
Kinder Morgan, Inc. (KMI) SEC filings — annual & quarterly reports (10-K, 10-Q)
KMI Frequently Asked Questions
Kinder Morgan, Inc. (KMI) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Kinder Morgan, Inc. (KMI) reported $17.52B in revenue for fiscal year 2025. This represents a 145% increase from $7.16B in 2009.
Kinder Morgan, Inc. (KMI) grew revenue by 12.5% over the past year. This is steady growth.
Yes, Kinder Morgan, Inc. (KMI) is profitable, generating $3.31B in net income for fiscal year 2025 (18.0% net margin).
Dividend & Returns
Yes, Kinder Morgan, Inc. (KMI) pays a dividend with a yield of 3.70%. This makes it attractive for income-focused investors.
Kinder Morgan, Inc. (KMI) has a return on equity (ROE) of 9.5%. This is below average, suggesting room for improvement.
Kinder Morgan, Inc. (KMI) generated $3.89B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.