stockrowKinder 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.
- Revenue
- +9.29%
- EPS
- +21.4%
- Free cash flow
- −1.32%
- Total debt
- +1.51%
Quarter to September 2026, against a year earlier
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Kinder Morgan, Inc. (KMI) Operating margin
Kinder Morgan, Inc.'s operating margin over the twelve months to 30 September 2026 was 29.0%, up 1.1 percentage points from fiscal 2025 (27.9%). Over the past ten years it has ranged from 13.3% (fiscal 2020) to 36.9% (fiscal 2019); the current reading is higher than 82% of that period. That is below the Oil & Gas Midstream industry median of 34.7% and above the Energy sector median of 15.2%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 27.9% | (1.14) |
| FY2024 | 29.0% | 1.23 |
| FY2023 | 27.8% | 6.63 |
| FY2022 | 21.2% | 3.61 |
| FY2021 | 17.6% | 4.23 |
| FY2020 | 13.3% | (23.56) |
| FY2019 | 36.9% | 10.07 |
| FY2018 | 26.8% | 1.07 |
| FY2017 | 25.8% | (1.34) |
| FY2016 | 27.1% | 10.10 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 25.6% | (4.46) |
| Jun 2026 | 30.1% | 0.15 |
| Mar 2026 | 29.9% | (0.35) |
| Dec 2025 | 30.3% | 4.62 |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| TRP TC Energy Corporation compare | 53.9% |
| MPLX MPLX LP compare | 42.0% |
| WMB Williams Companies, Inc. (The) compare | 37.5% |
| KMI Kinder Morgan, Inc. | 29.0% |
| LNG Cheniere Energy, Inc. compare | 28.1% |
| TRGP Targa Resources, Inc. compare | 22.5% |
| OKE ONEOK, Inc. compare | 14.2% |
| EPD Enterprise Products Partners L.P. compare | 12.7% |
| ET Energy Transfer LP compare | 9.17% |
| Oil & Gas Midstream industry median | 34.7% |
| Energy sector median | 15.2% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on KMI
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross 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
- EV/FCF
- 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