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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Growth Flags show if company had growth for consecutive years,
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Kinder Morgan, Inc. (KMI) Price to free cash flow

As of 25 September 2026, Kinder Morgan, Inc. (KMI) trades at a price to free cash flow of 25.8×. Over the past ten years it has ranged from 0.0× (March 2016) to 54.4× (April 2016); the current reading is higher than 80% of that period. That is above the Oil & Gas Midstream industry median of 10.1× and above the Energy sector median of 10.8×.

Price to free cash flow, daily

Annual

Period Price to free cash flow Change
FY2025 27.2× 31.86%
FY2024 20.7× 20.97%
FY2023 17.1× 20.08%
FY2022 14.2× 30.06%
FY2021 10.9× 37.74%
FY2020 7.9× (58.90%)
FY2019 19.3× 24.93%
FY2018 15.5× (43.68%)
FY2017 27.5× 6.71%
FY2016 25.7× —

Quarterly

Period Price to free cash flow Change
Jun 2026 26.8× 14.27%
Mar 2026 23.4× (13.94%)
Dec 2025 27.2× (8.91%)
Sep 2025 29.9× (4.95%)
42 more quarters

Against its own ten years

Low 0.0× High 54.4×
Ten-year median 19.3×
Current reading's percentile 80

Price to free cash flow against peers

Company Price to free cash flow
WMB Williams Companies, Inc. (The) compare n/m
ET Energy Transfer LP compare 13.3×
MPLX MPLX LP compare 13.4×
EPD Enterprise Products Partners L.P. compare 19.3×
OKE ONEOK, Inc. compare 19.3×
LNG Cheniere Energy, Inc. compare 20.7×
TRP TC Energy Corporation compare 20.9×
KMI Kinder Morgan, Inc. 25.8×
TRGP Targa Resources, Inc. compare 80.5×
Oil & Gas Midstream industry median 10.1×
Energy sector median 10.8×
Market median 14.0×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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