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) EV/FCF
As of 9 October 2026, Kinder Morgan, Inc. (KMI) trades at a EV/FCF of 39.3×. Over the past ten years it has ranged from −171× (January 2015) to 110× (April 2016); the current reading is higher than 66% of that period.
EV/FCF, daily
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Annual newest first
| Period | EV/FCF | Change |
|---|---|---|
| FY2025 | 41.5× | 31.96% |
| FY2024 | 31.4× | 1.98% |
| FY2023 | 30.8× | 22.93% |
| FY2022 | 25.1× | 20.92% |
| FY2021 | 20.7× | 25.37% |
| FY2020 | 16.5× | (49.47%) |
| FY2019 | 32.7× | 5.95% |
| FY2018 | 30.9× | (40.63%) |
| FY2017 | 52.0× | 11.42% |
| FY2016 | 46.7× | — |
Quarterly newest first
| Period | EV/FCF | Change |
|---|---|---|
| Jun 2026 | 38.9× | 16.23% |
| Mar 2026 | 33.5× | (19.30%) |
| Dec 2025 | 41.5× | (8.52%) |
| Sep 2025 | 45.3× | (3.78%) |
| 42 more quarters | Free account |
Against its own ten years
EV/FCF against peers
| Company | EV/FCF |
|---|---|
| WMB Williams Companies, Inc. (The) compare | −557× |
| MPLX MPLX LP compare | 19.0× |
| ET Energy Transfer LP compare | 26.3× |
| EPD Enterprise Products Partners L.P. compare | 26.9× |
| LNG Cheniere Energy, Inc. compare | 29.8× |
| OKE ONEOK, Inc. compare | 30.3× |
| TRP TC Energy Corporation compare | 36.4× |
| KMI Kinder Morgan, Inc. | 39.3× |
| TRGP Targa Resources, Inc. compare | 109× |
What EV/FCF is
EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.
((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)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))
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
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement