Kinder Morgan, Inc. KMI
- Market cap
- $69.5B
- P/E
- 19.7×
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Kinder Morgan, Inc. (KMI) Free cash flow margin
Kinder Morgan, Inc.'s free cash flow margin over the twelve months to 30 June 2026 was 14.8%, up 1.5 percentage points from fiscal 2025 (13.2%). Over the past ten years it has ranged from −4.33% (fiscal 2015) to 33.3% (fiscal 2020); the current reading is higher than 27% of that period. That is above the Oil & Gas Midstream industry median of 10.2% and above the Energy sector median of 6.73%.
Free cash flow margin, annual
Annual
| Period | Free cash flow margin | Change (points) |
|---|---|---|
| FY2025 | 13.2% | (6.26) |
| FY2024 | 19.5% | 4.29 |
| FY2023 | 15.2% | 0.32 |
| FY2022 | 14.9% | (4.89) |
| FY2021 | 19.8% | (13.52) |
| FY2020 | 33.3% | 14.52 |
| FY2019 | 18.8% | 3.20 |
| FY2018 | 15.6% | 4.44 |
| FY2017 | 11.1% | (3.20) |
| FY2016 | 14.3% | 18.67 |
Against its own ten years
Free cash flow margin against peers
| Company | Free cash flow margin |
|---|---|
| MPLX MPLX LP compare | 32.6% |
| TRP TC Energy Corporation compare | 25.8% |
| KMI Kinder Morgan, Inc. | 14.8% |
| LNG Cheniere Energy, Inc. compare | 12.6% |
| OKE ONEOK, Inc. compare | 7.38% |
| EPD Enterprise Products Partners L.P. compare | 7.06% |
| ET Energy Transfer LP compare | 4.87% |
| TRGP Targa Resources, Inc. compare | 4.43% |
| WMB Williams Companies, Inc. (The) compare | −1.75% |
| Oil & Gas Midstream industry median | 10.2% |
| Energy sector median | 6.73% |
| Market median | 0.00% |
What Free cash flow margin is
Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.
(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue
More on KMI
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net 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
- The full statement