Kinder Morgan, Inc.
KMI Energy Oil & Gas Midstream
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.
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Kinder Morgan, Inc. (KMI) Debt to equity
Kinder Morgan, Inc.'s debt to equity at the end of the quarter to 30 June 2026 was 1.0×, down 0.0× from fiscal 2025 (1.0×). Over the past ten years it has ranged from 1.0× (fiscal 2025) to 1.2× (fiscal 2015) — the current reading is the lowest in ten years. That is above the Oil & Gas Midstream industry median of 0.8× and above the Energy sector median of 0.4×.
Debt to equity, annual
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Annual newest first
| Period | Debt to equity | Change |
|---|---|---|
| FY2025 | 1.0× | (1.44%) |
| FY2024 | 1.0× | (1.14%) |
| FY2023 | 1.0× | 2.26% |
| FY2022 | 1.0× | (5.17%) |
| FY2021 | 1.0× | (4.19%) |
| FY2020 | 1.1× | 7.98% |
| FY2019 | 1.0× | (6.65%) |
| FY2018 | 1.1× | 0.32% |
| FY2017 | 1.1× | (6.38%) |
| FY2016 | 1.2× | (5.75%) |
Quarterly newest first
| Period | Debt to equity | Change |
|---|---|---|
| Jun 2026 | 1.0× | (0.30%) |
| Mar 2026 | 1.0× | (0.25%) |
| Dec 2025 | 1.0× | (3.03%) |
| Sep 2025 | 1.0× | (0.09%) |
| 42 more quarters | Free account |
Against its own ten years
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| KMI Kinder Morgan, Inc. | 1.0× |
| EPD Enterprise Products Partners L.P. compare | 1.1× |
| ET Energy Transfer LP compare | 1.4× |
| OKE ONEOK, Inc. compare | 1.4× |
| TRP TC Energy Corporation compare | 1.7× |
| MPLX MPLX LP compare | 1.8× |
| WMB Williams Companies, Inc. (The) compare | 2.0× |
| LNG Cheniere Energy, Inc. compare | 2.1× |
| TRGP Targa Resources, Inc. compare | 5.2× |
| Oil & Gas Midstream industry median | 0.8× |
| Energy sector median | 0.4× |
| Market median | 0.1× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
More on KMI
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement