Kinder Morgan, Inc. KMI
- Market cap
- $69.5B
- P/E
- 19.7×
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Kinder Morgan, Inc. (KMI) Free cash flow
Kinder Morgan, Inc.'s free cash flow for fiscal 2025 was $2.2B, down 23.8% from $2.9B in fiscal 2024. Over the twelve months to 30 June 2026 it was $2.7B. Over the past ten years it has ranged from −$623.0M (fiscal 2015) to $3.9B (fiscal 2020); the current reading is higher than 45% of that period. Kinder Morgan, Inc. ranks 8th of 56 Oil & Gas Midstream companies by free cash flow.
Free cash flow, annual
Annual
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | $2.2B | (23.81%) |
| FY2024 | $2.9B | 26.24% |
| FY2023 | $2.3B | (18.43%) |
| FY2022 | $2.9B | (12.99%) |
| FY2021 | $3.3B | (15.66%) |
| FY2020 | $3.9B | 57.03% |
| FY2019 | $2.5B | 12.57% |
| FY2018 | $2.2B | 44.34% |
| FY2017 | $1.5B | (18.47%) |
| FY2016 | $1.9B | — |
Quarterly
| Period | Free cash flow | Change |
|---|---|---|
| Jun 2026 | $475.0M | (30.86%) |
| Mar 2026 | $687.0M | (21.22%) |
| Dec 2025 | $872.0M | 40.42% |
| Sep 2025 | $621.0M | (38.02%) |
| 42 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| ET Energy Transfer LP compare | $5.2B |
| MPLX MPLX LP compare | $4.3B |
| EPD Enterprise Products Partners L.P. compare | $4.1B |
| TRP TC Energy Corporation compare | $2.9B |
| OKE ONEOK, Inc. compare | $2.9B |
| LNG Cheniere Energy, Inc. compare | $2.7B |
| KMI Kinder Morgan, Inc. | $2.7B |
| TRGP Targa Resources, Inc. compare | $740.9M |
| WMB Williams Companies, Inc. (The) compare | −$214.0M |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
More on KMI
- Revenue
- Net income
- EBITDA
- 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
- The full statement