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Saturday 17 October 2026 Export KMI’s income statement to Excel — free account

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
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Kinder Morgan, Inc. (KMI) P/B ratio

Alert me on P/B ratio

As of 16 October 2026, Kinder Morgan, Inc. (KMI) trades at a P/B ratio of 2.3×. Over the past ten years it has ranged from 0.7× (March 2020) to 2.7× (April 2015); the current reading is higher than 97% of that period. That is above the Oil & Gas Midstream industry median of 2.1× and above the Energy sector median of 1.6×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 1.9× (1.34%)
FY2024 1.9× 52.05%
FY2023 1.3× (0.86%)
FY2022 1.3× 12.47%
FY2021 1.1× 15.88%
FY2020 1.0× (30.90%)
FY2019 1.4× 42.46%
FY2018 1.0× (17.31%)
FY2017 1.2× (13.80%)
FY2016 1.4× 50.23%

Quarterly newest first

Period P/B ratio Change
Jun 2026 2.2× (5.51%)
Mar 2026 2.3× 21.58%
Dec 2025 1.9× (4.18%)
Sep 2025 2.0× (3.48%)
42 more quarters

Against its own ten years

Low 0.7× High 2.7×
Ten-year median 1.3×
Current reading's percentile 100

P/B ratio against peers

Company P/B ratio
ET Energy Transfer LP compare 1.5×
KMI Kinder Morgan, Inc. 2.3×
TRP TC Energy Corporation compare 2.5×
OKE ONEOK, Inc. compare 2.6×
EPD Enterprise Products Partners L.P. compare 2.6×
MPLX MPLX LP compare 4.1×
LNG Cheniere Energy, Inc. compare 5.3×
WMB Williams Companies, Inc. (The) compare 5.7×
TRGP Targa Resources, Inc. compare 16.6×
Oil & Gas Midstream industry median 2.1×
Energy sector median 1.6×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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