Kinder Morgan Q2 net income rises 24% to $715 million; EPS up 23%
Kinder Morgan reported second-quarter 2025 net income attributable to KMI of $715 million, up 24% from $575 million a year earlier, and Adjusted EBITDA of $1,972 million, up 6%. The board approved a quarterly dividend of $0.2925 per share, a 2% increase over the second quarter of 2024, and the company expects to exceed its 2025 budget by at least the contribution from the Outrigger Energy II acquisition.
Key points
- Net income attributable to KMI of $715 million, up 24%; EPS up 23%; Adjusted EPS up 12%
- Adjusted Net Income Attributable to KMI of $619 million, up 13%; Adjusted EBITDA of $1,972 million, up 6%
- Quarterly dividend of $0.2925 per share, payable August 15, 2025, to holders of record on July 31, 2025
- Project backlog of $9.3 billion at June 30, 2025, up 6% from $8.8 billion at the end of the first quarter
The filing
Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 16, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.