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Friday 6 November 2026 Export KMI’s income statement to Excel — free account

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.

Revenue
+9.29%
EPS
+21.4%
Free cash flow
−1.32%
Total debt
+1.51%

Quarter to September 2026, against a year earlier

30.15 0.04 −0.13%
Market cap
$67.3B
P/E
18.7×
Fwd P/E
22.0×
Dividend yield
3.91%
F-score
6/9
Altman Z
1.14
Beneish M
−2.50
Dividend safety
22/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Kinder Morgan, Inc. (KMI) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Kinder Morgan, Inc. (KMI) trades at a EV/EBITDA of 12.8×. Over the past ten years it has ranged from 7.6× (March 2020) to 21.6× (April 2015); the current reading is higher than 36% of that period. That is above the Oil & Gas Midstream industry median of 9.0× and above the Energy sector median of 6.2×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 13.0× (5.61%)
FY2024 13.7× 24.44%
FY2023 11.0× (2.61%)
FY2022 11.3× (14.70%)
FY2021 13.3× (20.34%)
FY2020 16.7× 51.27%
FY2019 11.0× 0.14%
FY2018 11.0× (18.95%)
FY2017 13.6× (9.86%)
FY2016 15.1× 18.74%

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 12.7× (5.29%)
Jun 2026 13.4× (5.52%)
Mar 2026 14.2× 9.57%
Dec 2025 13.0× (6.30%)
43 more quarters

Against its own ten years

Low 7.6× High 21.6×
Ten-year median 13.3×
Current reading's percentile 36

EV/EBITDA against peers

Company EV/EBITDA
ET Energy Transfer LP compare 7.9×
LNG Cheniere Energy, Inc. compare 9.9×
EPD Enterprise Products Partners L.P. compare 10.6×
OKE ONEOK, Inc. compare 10.8×
MPLX MPLX LP compare 11.8×
KMI Kinder Morgan, Inc. 12.8×
TRP TC Energy Corporation compare 13.4×
TRGP Targa Resources, Inc. compare 13.4×
WMB Williams Companies, Inc. (The) compare 15.6×
Oil & Gas Midstream industry median 9.0×
Energy sector median 6.2×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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