Kinder Morgan, Inc. KMI

30.75 (0.50) (1.60%) as of 25 Sep
Market cap
$69.5B
P/E
19.7×
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Kinder Morgan, Inc. (KMI) Net margin

Kinder Morgan, Inc.'s net margin over the twelve months to 30 June 2026 was 19.3%, up 1.3 percentage points from fiscal 2025 (18.0%). Over the past ten years it has ranged from 0.20% (fiscal 2017) to 18.0% (fiscal 2025) — the current reading is the highest in ten years. That is below the Oil & Gas Midstream industry median of 21.2% and above the Energy sector median of 7.06%.

Net margin, annual

Annual

Period Net margin Change (points)
FY2025 18.0% 0.74
FY2024 17.3% 1.71
FY2023 15.6% 2.32
FY2022 13.3% 2.53
FY2021 10.7% 9.72
FY2020 1.02% (15.56)
FY2019 16.6% 6.11
FY2018 10.5% 10.27
FY2017 0.20% (4.03)
FY2016 4.23% 2.65

Quarterly

Period Net margin Change (points)
Jun 2026 19.4% (0.85)
Mar 2026 20.2% (1.87)
Dec 2025 22.1% 6.94
Sep 2025 15.2% (2.54)
42 more quarters

Against its own ten years

Low 0.20% High 18.0%
Ten-year median 10.7%
Current reading's percentile 100

Net margin against peers

Company Net margin
MPLX MPLX LP compare 35.8%
WMB Williams Companies, Inc. (The) compare 25.2%
TRP TC Energy Corporation compare 22.2%
KMI Kinder Morgan, Inc. 19.3%
LNG Cheniere Energy, Inc. compare 13.5%
TRGP Targa Resources, Inc. compare 13.5%
EPD Enterprise Products Partners L.P. compare 10.7%
OKE ONEOK, Inc. compare 9.29%
ET Energy Transfer LP compare 4.70%
Oil & Gas Midstream industry median 21.2%
Energy sector median 7.06%
Market median 0.55%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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