Kinder Morgan, Inc.

Kinder Morgan, Inc.

KMI
Kinder Morgan, Inc.US flagNew York Stock Exchange
31.44
USD
+0.59
- -
69.95BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
13.58
14.27
6.59
5.86
6.15
6.38
5.83
5.17
7.33
8.5
6.86
6.8
7.62
7.88
Basic EPS, GAAP
1.15
0.9
0.1
0.25
0.01
0.67
0.97
0.05
0.79
1.13
1.07
1.18
1.37
1.49
Free Cash Flow per Basic Share
3.98
3.93
2.43
2.13
2.06
2.27
2.1
2.01
2.52
2.2
2.89
2.54
2.66
2.81
Dividend per Share
1.57
1.55
1.93
0.57
0.57
0.8
0.96
1.08
1.11
1.11
1.13
1.15
1.17
1.18
Book Value per Share
-1.31
-1.83
-2.78
-2.98
-3.47
-3.47
-3.39
-4.38
-4.67
-4.66
-4.77
-4.78
-4.57
-4.42
Tangible Book Value per Share
1.3
6.57
3.69
4.18
4.42
4.67
4.75
4.53
4.56
4.58
4.32
4.51
4.78
4.86
Basic Weighted Avg Shares
1,036
1,137
2,187
2,230
2,230
2,216
2,264
2,263
2,266
2,258
2,234
2,220
2,223
2,224
Sales/Revenue/Turnover
14,070
16,226
14,403
13,058
13,705
14,144
13,209
11,700
16,610
19,200
15,334
15,100
16,937
17,524
Operating Margin (%)
27.66
29.1
31.35
30.06
25.84
28
29.76
29.85
27.33
21.17
27.8
29.03
27.89
28.61
Depreciation Expense
1,806
2,040
2,309
2,209
2,261
2,297
2,411
2,164
2,135
2,186
2,250
2,354
2,453
2,476
Net Income, GAAP
1,193
1,026
253
708
183
1,609
2,190
119
1,784
2,548
2,391
2,613
3,056
3,315
Effective Tax Rate (%)
21.58
20.96
73.06
55.98
89.68
23.42
29.26
72.77
16.63
21.29
22.34
20.16
20.84
21.44
Profit Margin (%)
8.48
6.32
1.76
5.42
1.34
11.38
16.58
1.02
10.74
13.27
15.59
17.3
18.04
18.92
Working Capital
-2,207
-2,610
-1,241
-2,695
-3,466
-1,835
-1,862
-1,871
-1,992
-3,127
-4,679
-2,580
-1,568
-2,475
LT Debt
33,887
40,097
42,406
37,354
34,805
33,726
31,805
32,021
30,564
28,183
27,846
29,660
30,556
29,760
Total Equity
28,285
34,426
35,403
34,802
35,124
35,197
34,889
32,566
31,921
32,114
31,729
31,867
32,449
32,583
Return on Invested Capital (%)
4.96
5.27
1.56
2.25
0.49
4.16
3.91
1.39
5.7
4.95
5.18
5.48
5.83
6.07
Return on Capital (%)
2.15
2.26
2.17
4.19
1.02
8.88
11.66
0.22
6.94
10.71
10.19
11.13
13.03
13.65
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
1,081
1,226
2,186
LT Borrowings
31,389
30,556
29,760
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,225
2,225
2,225
Market Capitalization
62,919
61,117
74,571

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
2,426
2,754
2,707
Cash, Cash Equivalents & STI
71
63
72
Accounts Receivable, Net
1,444
1,714
1,582
Inventories
560
574
593
Total Current Liabilities
3,846
4,322
5,182
Payables & Accruals
1,948
2,198
1,903
ST Debt
1,081
1,226
2,186
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.84%
-0.06%
1.83%
Free Cash Flow
2.06%
6.96%
5%
Net Income, GAAP
228.85%
292.41%
16.95%
Sales/Revenue/Turnover
2.88%
9.61%
12.17%
Total Cash Common Dividend
2.48%
1.31%
1.84%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,842
3,572
3,699
3,987
15,100
2025
4,241
4,042
4,146
4,508
16,937
2026
4,828
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.34
0.26
0.28
0.3
1.18
2025
0.32
0.32
0.28
0.45
1.37
2026
0.44
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.28
0.29
0.29
0.29
1.15
2025
0.29
0.29
0.29
0.29
1.17
2026
0.29
- -
- -
- -
- -

Company Description

APIChat
CEO
Kimberly Allen Dang
Full Time Employees
10,933
Sector
Energy
Industry
Oil & Gas Midstream
Address
1001 Louisiana Street Houston TX United States of America 77002
IPO Date
Feb 11, 2011
Business
Kinder Morgan, Inc. operates as one of North America's largest energy infrastructure companies, focusing on the ownership and operation of pipelines and terminals that transport and store natural gas, refined petroleum products, crude oil, condensate, carbon dioxide, renewable fuels, and other commodities. The company owns an interest in or operates approximately 83,000 miles of pipelines and 143 terminals, along with more than 700 Bcf of working natural gas storage capacity and renewable natural gas generation capacity of approximately 6.9 Bcf per year; its core products and services span natural gas pipelines for utilities, energy companies, and industrial users; products pipelines transporting gasoline, diesel, jet fuel, and refined petroleum products at approximately 2.4 million barrels per day; crude oil and CO2 pipelines for producers and refineries; terminals handling chemicals, metals, ethanol, petroleum coke, vegetable oils, and renewable feedstocks; and energy transition ventures including renewable natural gas, carbon capture, and hydrogen initiatives. Headquartered in Houston, Texas, and founded in 1997 by Richard D. Kinder and William V. Morgan, Kinder Morgan conducts operations primarily across the United States and Canada, serving refineries, producers, marketers, distributors, and power generation markets including data centers. Recent developments include the January 2025 acquisition of a natural gas gathering and processing system in North Dakota from Outrigger Energy II LLC for $640 million, enhancing its Bakken footprint with a 270 MMcf/d facility and 104-mile header pipeline backed by long-term contracts; the acquisition of NextEra Energy Partners' South Texas assets for $1.815 billion to support gas supply for power-hungry data center markets; completion of SFPP East Line Expansion projects to Tucson, Arizona, in July and September 2025, adding capacity for refined products under take-or-pay agreements; announcements of major expansions such as the $455 million KinderHawk gathering system in the Haynesville Basin, the $250 million Texas Arkansas Power project with NGPL, and the $3.5 billion South System Expansion 4; a June 2025 partnership with Southern Company for Southeast U.S. data center gas supply; and a May 2025 deepened alliance with ArcLight Capital Partners on NGPL assets.

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