Sunday 11 October 2026 Export all KMI data to Excel Powerpack

Kinder Morgan, Inc.

Kinder Morgan, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $16.9 billion, up 12.2% from fiscal 2024. In the quarter to June 2026, revenue grew 10.8%, EPS grew 21.9%, free cash flow fell 52.6% and total debt fell 1.26%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years; insiders bought in the last twelve months.

32.49 0.24 +0.74%

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Market cap: $71.8B
P/E: 20.8×
Fwd P/E: 21.4×
Dividend yield: 3.63%
F-score: 6/9
Altman Z: 1.14
Beneish M: −2.50
Dividend safety: 22/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Insider Decisions trades per month

Total buys 0.09

Total sells 2.90

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	1	—	—	—	—	—	—	—	—
Sell	1	1	2	2	2	2	2	2	2	1	1	—

Insider Ownership 12.81%

Capital & Financial Ratios $m

Market Cap 71,810.00

Revenue 17,959.00

Net Income 3,570.00

Free Cash Flow 2,655.00

Net Debt 32,129.00

Current Ratio 0.46

Debt/Equity 0.98

P/E ratio 20.83

Fwd P/E 21.40

P/S ratio 4.03

P/B ratio 2.20

Past 5Y EPS Growth 93.89%

This Y EPS Growth 18.30%

Next Y EPS Growth (0.03%)

Next Y revenue growth 8.29%

Next 5Y EPS Growth 8.83%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 29.77%

10-year low 10-year high

P/S against its own 10 years 94.72%

10-year low 10-year high

P/B against its own 10 years 97.49%

10-year low 10-year high

EV/Sales against its own 10 years 66.40%

10-year low 10-year high

EV/FCF against its own 10 years 61.82%

10-year low 10-year high

Dividends

Payout Ratio 0.76

Annual Dividend Rate 1.18

Annual Dividend Yield 3.63%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	1.19	0.29 0.30 0.30
2025	1.17	0.29 0.29 0.29 0.29
2024	1.15	0.28 0.29 0.29 0.29
2023	1.13	0.28 0.28 0.28 0.28
2022	1.10	0.27 0.28 0.28 0.28
2021	1.07	0.26 0.27 0.27 0.27
2020	1.04	0.25 0.26 0.26 0.26
2019	0.95	0.20 0.25 0.25 0.25
2018	0.73	0.13 0.20 0.20 0.20
2017	0.50	0.13 0.13 0.13 0.13
2016	0.50	0.13 0.13 0.13 0.13

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	96	214	109	119
Receivables	1,588	1,506	1,714	1,563
Inventory	525	555	574	565
Other	333	246	357	341
	2,542	2,521	2,754	2,588

	2023	2024	2025	Q'26
Payables	1,366	1,395	1,408	1,567
ST’ Debt	4,049	2,009	1,226	2,443
Other	1,021	878	898	907
	7,221	5,101	4,322	5,647

Compound Annual Growth %

	10y	5y	3y
Sales	1.63%	7.68%	(4.09%)
Cash Flow	1.08%	5.39%	6.01%
Earnings	29.69%	91.39%	6.25%
Book Value	(0.87%)	0.38%	0.35%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	4,828	4,477	—	—	—
’25	4,241	4,042	4,146	4,508	16,937
’24	3,842	3,572	3,699	3,987	15,100
’23	3,888	3,501	3,907	4,038	15,334
’22	4,293	5,151	5,177	4,579	19,200
’21	5,211	3,150	3,824	4,425	16,610
’20	3,106	2,560	2,919	3,115	11,700

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	1,491	1,960	—	—	—
’25	1,162	1,649	1,414	1,692	5,917
’24	1,189	1,687	1,249	1,510	5,635
’23	1,333	1,550	1,286	2,322	6,491
’22	1,084	1,564	915	1,404	4,967
’21	1,873	1,438	1,129	1,268	5,708
’20	893	1,339	1,050	1,268	4,550

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	687	475	—	—	—
’25	(252)	1,002	621	872	2,243
’24	570	1,048	592	734	2,944
’23	826	1,001	640	(135)	2,332
’22	677	1,192	62	928	2,859
’21	1,606	1,160	(738)	1,258	3,286
’20	453	816	646	1,981	3,896

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.44	0.39	—	—	—
’25	0.32	0.32	0.28	0.45	1.37
’24	0.33	0.26	0.28	0.30	1.17
’23	0.30	0.26	0.24	0.27	1.06
’22	0.29	0.28	0.25	0.30	1.12
’21	0.62	(0.34)	0.22	0.28	0.78
’20	(0.14)	(0.28)	0.20	0.27	0.05

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	11.20	16.68	14.62	15.10	9.42	13.48	15.78	15.89	16.47	23.94	Analyst estimates 2026–2028 Powerpack
	High	23.36	23.01	19.83	21.50	22.58	19.29	20.20	19.10	28.81	31.48
People
People	Employees	11,121	10,897	11,012	11,086	10,524	10,529	10,525	10,891	10,933	11,028
	Revenue/emp, $m	1.17	1.26	1.28	1.19	1.11	1.58	1.82	1.41	1.38	1.54
Income, $m
Income, $m	Revenue	13,058	13,705	14,144	13,209	11,700	16,610	19,200	15,334	15,100	16,937
	Gross margin, %	73.74	68.30	68.74	75.30	78.25	60.91	51.80	67.80	71.28	67.36
	EBT	1,638	2,161	2,506	3,165	661	2,219	3,335	3,201	3,407	3,992
	EBT margin, %	12.54	15.77	17.72	23.96	5.65	13.36	17.37	20.88	22.56	23.57
	Net income	721	223	1,919	2,239	180	1,850	2,625	2,486	2,720	3,160
	Depreciation	2,268	2,322	2,392	2,494	2,304	2,213	2,261	2,250	2,354	2,453
Per share, $
Per share, $	Revenue	5.86	6.15	6.38	5.83	5.17	7.33	8.50	6.86	6.80	7.62
	Earnings	0.25	0.01	0.66	0.96	0.05	0.78	1.12	1.06	1.17	1.37
	Cash flow	2.13	2.06	2.28	2.10	2.01	2.52	2.20	2.91	2.54	2.66
	Capex	(1.29)	(1.38)	(1.28)	(1.00)	(0.29)	(1.07)	(0.93)	(1.86)	(1.21)	(1.65)
	Free cash flow	0.84	0.68	0.99	1.10	1.72	1.45	1.27	1.04	1.33	1.01
	Book value	15.61	15.75	15.58	15.06	14.07	14.09	14.22	14.20	14.35	14.60
	Shares, m	2,230	2,230	2,216	2,264	2,263	2,266	2,258	2,234	2,220	2,223
Valuation, ×
Valuation, ×	P/E	86.44	1,880.00	23.30	22.05	273.40	20.33	16.08	16.66	23.42	20.07
	P/S	3.69	3.06	2.41	3.63	2.64	2.16	2.12	2.60	4.03	3.61
	P/B	1.38	1.19	0.99	1.41	0.97	1.13	1.27	1.26	1.91	1.88
	EV/Sales	6.70	5.80	4.81	6.15	5.51	4.10	3.73	4.69	6.13	5.49
	EV/FCF	46.69	52.02	30.89	32.72	16.53	20.73	25.06	30.81	31.42	41.46
Cash, $m
Cash, $m	Operating cash flow	4,758	4,601	5,043	4,748	4,550	5,708	4,967	6,491	5,635	5,917
	Capex	(2,885)	(3,074)	(2,839)	(2,267)	(654)	(2,422)	(2,108)	(4,159)	(2,691)	(3,674)
	Free cash flow	1,873	1,527	2,204	2,481	3,896	3,286	2,859	2,332	2,944	2,243
Balance, $m
Balance, $m	Working capital	(2,695)	(3,466)	(1,835)	(1,862)	(1,871)	(1,992)	(3,127)	(4,679)	(2,580)	(1,568)
	Total debt	40,050	37,843	37,324	34,392	34,689	33,320	31,788	32,116	31,890	32,003
	Net debt	39,263	37,517	33,993	33,258	33,480	32,173	30,994	32,020	31,676	31,894
	Shareholders’ equity	34,802	35,124	34,531	34,086	31,838	31,921	32,114	31,729	31,867	32,449
Returns, %
Returns, %	ROA	0.67	0.03	1.88	2.86	0.16	2.51	3.63	3.39	3.67	4.24
	ROIC	2.99	3.04	3.46	4.52	1.49	2.84	4.03	4.18	4.31	4.59
	ROE	1.57	0.08	4.25	6.38	0.36	5.60	7.96	7.49	8.22	9.50

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
WMB Williams Companies, Inc. (The)	$88.5B	28.9×	30.7×	+9.78% (above 0%: growing)	+51.11% (above 0%: growing)	−195.82% (below 0%: shrinking)	83.33%	38.72%	Compare
EPD Enterprise Products Partners L.P.	$79.4B	12.5×	13.0×	+60.78% (above 0%: growing)	+27.27% (above 0%: growing)	+162.10% (above 0%: growing)	12.06%	12.31%	Compare
KMI Kinder Morgan, Inc.	$71.8B	20.8×	21.4×	+10.76% (above 0%: growing)	+21.88% (above 0%: growing)	−52.59% (below 0%: shrinking)	68.62%	30.06%
ET Energy Transfer LP	$71.0B	13.9×	13.1×	+78.43% (above 0%: growing)	+84.37% (above 0%: growing)	+146.15% (above 0%: growing)	21.55%	10.41%	Compare
TRP TC Energy Corporation	$62.5B	24.9×	24.9×	+5.59% (above 0%: growing)	+18.28% (above 0%: growing)	+24.24% (above 0%: growing)	70.23%	54.92%	Compare
TRGP Targa Resources, Inc.	$61.9B	27.3×	24.7×	+4.23% (above 0%: growing)	+22.92% (above 0%: growing)	+1,002.09% (above 0%: growing)	48.15%	27.80%	Compare
MPLX MPLX LP	$58.1B	12.1×	13.1×	+10.29% (above 0%: growing)	+2.91% (above 0%: growing)	−38.89% (below 0%: shrinking)	56.91%	41.61%	Compare
LNG Cheniere Energy, Inc.	$57.4B	20.6×	— (loss-making)	+23.51% (above 0%: growing)	+100.55% (above 0%: growing)	+452.21% (above 0%: growing)	83.04%	74.84%	Compare
OKE ONEOK, Inc.	$56.9B	15.5×	15.5×	+52.77% (above 0%: growing)	+14.18% (above 0%: growing)	+85.57% (above 0%: growing)	23.30%	13.22%	Compare
Median of peers	$62.2B	18.0×	15.5×	+16.90%	+25.10%	+115.86%	52.53%	33.26%

All 58 Oil & Gas Midstream stocks →

Kinder Morgan, Inc. (KMI) key facts

Strength: Kinder Morgan, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $16.9 billion, up 12.2% from fiscal 2024.
Kinder Morgan, Inc. (KMI) is an Oil & Gas Midstream company in the Energy sector, listed on the New York Stock Exchange.
As of October 9, 2026, KMI traded at $32.49, a market capitalization of $71.8 billion.
Kinder Morgan, Inc. pays an annual dividend of $1.18 per share, a yield of 3.63%, with a payout ratio of 75.6%.
Return on equity was 9.50% and debt-to-equity 0.98.
Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 1.14 (distress zone) for fiscal 2025.