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) Return on invested capital

Kinder Morgan, Inc.'s return on invested capital over the twelve months to 30 June 2026 was 5.02%, up 0.4 percentage points from fiscal 2025 (4.59%). Over the past ten years it has ranged from 1.49% (fiscal 2020) to 4.59% (fiscal 2025) — the current reading is the highest in ten years. That is below the Oil & Gas Midstream industry median of 6.13% and below the Energy sector median of 5.84%.

Return on invested capital, annual

Annual

Period Return on invested capital Change (points)
FY2025 4.59% 0.28
FY2024 4.31% 0.13
FY2023 4.18% 0.15
FY2022 4.03% 1.19
FY2021 2.84% 1.35
FY2020 1.49% (3.03)
FY2019 4.52% 1.06
FY2018 3.46% 0.42
FY2017 3.04% 0.05
FY2016 2.99% 1.04

Against its own ten years

Low 1.49% High 4.59%
Ten-year median 3.46%
Current reading's percentile 100

Return on invested capital against peers

Company Return on invested capital
LNG Cheniere Energy, Inc. compare 11.8%
TRGP Targa Resources, Inc. compare 10.3%
MPLX MPLX LP compare 9.45%
EPD Enterprise Products Partners L.P. compare 7.68%
OKE ONEOK, Inc. compare 7.02%
WMB Williams Companies, Inc. (The) compare 6.40%
ET Energy Transfer LP compare 5.72%
TRP TC Energy Corporation compare 5.39%
KMI Kinder Morgan, Inc. 5.02%
Oil & Gas Midstream industry median 6.13%
Energy sector median 5.84%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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