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.

34.20 1.38 +4.20%
Market cap
$73.1B
P/E
21.9×
Fwd P/E
21.4×
Dividend yield
3.45%
F-score
6/9
Altman Z
1.14
Beneish M
−2.50
Dividend safety
22/100

Kinder Morgan, Inc. (KMI) EV/Sales

Alert me on EV/Sales

As of 16 October 2026, Kinder Morgan, Inc. (KMI) trades at a EV/Sales of 6.0×. Over the past ten years it has ranged from 3.5× (March 2023) to 8.9× (April 2015); the current reading is higher than 77% of that period. That is above the Oil & Gas Midstream industry median of 3.9× and above the Energy sector median of 2.3×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 5.5× (10.36%)
FY2024 6.1× 30.74%
FY2023 4.7× 25.55%
FY2022 3.7× (8.98%)
FY2021 4.1× (25.52%)
FY2020 5.5× (10.42%)
FY2019 6.1× 27.70%
FY2018 4.8× (16.97%)
FY2017 5.8× (13.45%)
FY2016 6.7× 27.65%

Quarterly newest first

Period EV/Sales Change
Jun 2026 5.7× (5.37%)
Mar 2026 6.1× 10.66%
Dec 2025 5.5× (5.52%)
Sep 2025 5.8× (5.09%)
42 more quarters

Against its own ten years

Low 3.5× High 8.9×
Ten-year median 5.6×
Current reading's percentile 81

EV/Sales against peers

Company EV/Sales
ET Energy Transfer LP compare 1.3×
EPD Enterprise Products Partners L.P. compare 1.9×
OKE ONEOK, Inc. compare 2.3×
LNG Cheniere Energy, Inc. compare 3.9×
TRGP Targa Resources, Inc. compare 4.9×
KMI Kinder Morgan, Inc. 6.0×
MPLX MPLX LP compare 6.3×
TRP TC Energy Corporation compare 9.5×
WMB Williams Companies, Inc. (The) compare 9.6×
Oil & Gas Midstream industry median 3.9×
Energy sector median 2.3×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((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)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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