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Friday 6 November 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.

Revenue
+9.29%
EPS
+21.4%
Free cash flow
−1.32%
Total debt
+1.51%

Quarter to September 2026, against a year earlier

30.32 1.20 −3.81%
Market cap
$67.3B
P/E
18.7×
Fwd P/E
22.0×
Dividend yield
3.91%
F-score
6/9
Altman Z
1.14
Beneish M
−2.50
Dividend safety
22/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

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

Alert me on P/B ratio

As of 5 November 2026, Kinder Morgan, Inc. (KMI) trades at a P/B ratio of 2.1×. Over the past ten years it has ranged from 0.7× (March 2020) to 2.7× (April 2015); the current reading is higher than 90% of that period. That is above the Oil & Gas Midstream industry median of 1.7× and above the Energy sector median of 1.4×.

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
Sep 2026 2.0× (5.46%)
Jun 2026 2.2× (5.51%)
Mar 2026 2.3× 21.58%
Dec 2025 1.9× (4.18%)
43 more quarters

Against its own ten years

Low 0.7× High 2.7×
Ten-year median 1.3×
Current reading's percentile 93

P/B ratio against peers

Company P/B ratio
ET Energy Transfer LP compare 1.4×
OKE ONEOK, Inc. compare 1.7×
KMI Kinder Morgan, Inc. 2.1×
EPD Enterprise Products Partners L.P. compare 2.5×
TRP TC Energy Corporation compare 2.6×
WMB Williams Companies, Inc. (The) compare 3.7×
MPLX MPLX LP compare 4.0×
LNG Cheniere Energy, Inc. compare 4.8×
TRGP Targa Resources, Inc. compare 14.8×
Oil & Gas Midstream industry median 1.7×
Energy sector median 1.4×
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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