Kinder Morgan (KMI)

NYSE Energy Oil & Gas Storage & Transportation S&P 500

$29.96

-0.23 (-0.76%)

Close of Nov 06, 2026 · end-of-day data

Source: Kinder Morgan's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 02, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$13.06B	$13.71B	$13.32B	$12.08B	$10.10B	$16.15B	$18.13B	$13.65B	$13.48B	$15.20B
Cost of revenue	$3.43B	$4.34B	$4.42B	$3.26B	$2.54B	$6.49B	$9.26B	$4.94B	$4.34B	$5.53B
Gross profit	$9.63B	$9.36B	$8.90B	$8.82B	$7.55B	$9.66B	$8.87B	$8.71B	$9.15B	$9.67B
Operating income	$3.54B	$3.53B	$3.79B	$4.87B	$1.56B	$2.92B	$4.07B	$4.26B	$4.38B	$4.72B
Pre-tax income	$1.64B	$2.16B	$2.51B	$3.17B	$661.00M	$2.22B	$3.33B	$3.20B	$3.41B	$3.99B
Income tax	$917.00M	$1.94B	$587.00M	$926.00M	$481.00M	$369.00M	$710.00M	$715.00M	$687.00M	$832.00M
Net income	$708.00M	$183.00M	$1.61B	$2.19B	$119.00M	$1.78B	$2.55B	$2.39B	$2.61B	$3.06B
EBITDA	$5.75B	$5.79B	$6.09B	$7.28B	$3.72B	$5.05B	$6.25B	$6.51B	$6.74B	$7.18B
EPS (basic)	$0.25	$0.01	$0.66	$0.96	$0.05	$0.78	$1.12	$1.06	$1.17	$1.37
EPS (diluted)	$0.25	$0.01	$0.66	$0.96	$0.05	$0.78	$1.12	$1.06	$1.17	$1.37
Diluted shares	2.23B	2.23B	2.22B	2.26B	2.26B	2.27B	2.26B	2.23B	2.22B	2.22B
Gross margin	73.7%	68.3%	66.8%	73.0%	74.8%	59.8%	48.9%	63.8%	67.8%	63.6%
Operating margin	27.1%	25.7%	28.5%	40.3%	15.5%	18.1%	22.4%	31.2%	32.5%	31.1%
Net margin	5.4%	1.3%	12.1%	18.1%	1.2%	11.0%	14.1%	17.5%	19.4%	20.1%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$684.00M	$264.00M	$3.28B	$185.00M	$1.18B	$1.14B	$745.00M	$83.00M	$88.00M	$63.00M
Short-term investments	—	—	$0	$925.00M	$0	—	—	—	—	—
Receivables	$1.37B	$1.45B	$1.50B	$1.38B	—	—	—	—	—	—
Inventory	$357.00M	$424.00M	$385.00M	$371.00M	$348.00M	$562.00M	$634.00M	$525.00M	$555.00M	$574.00M
Total current assets	$3.23B	$2.71B	$5.72B	$3.24B	$3.20B	$3.83B	$3.80B	$2.54B	$2.52B	$2.75B
Goodwill	$22.15B	$22.16B	$21.96B	$21.45B	$19.85B	$19.91B	$19.96B	$20.12B	$20.08B	$20.08B
Total assets	$80.31B	$79.06B	$78.87B	$74.16B	$71.97B	$70.42B	$70.08B	$71.02B	$71.41B	$72.75B
Total current liabilities	$5.92B	$6.18B	$7.56B	$5.10B	$5.07B	$5.82B	$6.93B	$7.22B	$5.10B	$4.32B
Short-term debt	$2.70B	$2.83B	$3.39B	$2.48B	$2.56B	$2.65B	$3.38B	$4.05B	$2.01B	$1.23B
Long-term debt	$37.35B	$35.02B	$33.94B	$31.91B	$32.13B	$30.67B	$28.40B	$28.07B	$29.88B	$30.78B
Total debt	$40.05B	$37.84B	$37.32B	$34.39B	$34.69B	$33.32B	$31.79B	$32.12B	$31.89B	$32.00B
Total liabilities	$45.50B	$43.93B	$43.67B	$39.27B	$39.41B	$38.49B	$37.96B	$39.29B	$39.54B	$40.30B
Shareholders' equity	$34.43B	$33.64B	$33.68B	$33.74B	$31.44B	$30.82B	$30.74B	$30.31B	$30.53B	$31.16B

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$4.76B	$4.60B	$5.04B	$4.75B	$4.55B	$5.71B	$4.97B	$6.49B	$5.63B	$5.92B
Capital expenditures	$2.88B	$3.19B	$2.90B	$2.27B	$1.71B	$1.28B	$1.62B	$2.32B	$2.63B	$3.03B
Free cash flow	$1.88B	$1.41B	$2.14B	$2.48B	$2.84B	$4.43B	$3.35B	$4.17B	$3.01B	$2.89B
Investing cash flow	-$1.62B	-$3.40B	-$68.00M	-$1.71B	-$911.00M	-$2.31B	-$2.17B	-$4.17B	-$2.63B	-$3.18B
Financing cash flow	-$2.64B	-$1.68B	-$1.82B	-$6.18B	-$2.64B	-$3.46B	-$3.15B	-$3.01B	-$2.89B	-$2.84B
Dividends paid	$1.12B	$1.12B	$1.62B	$2.16B	$2.36B	$2.44B	$2.50B	$2.53B	$2.56B	$2.60B
Share buybacks	$0	$250.00M	$273.00M	$2.00M	$50.00M	$0	$368.00M	$522.00M	$7.00M	$0
Depreciation & amortization	$2.21B	$2.26B	$2.30B	$2.41B	$2.16B	$2.13B	$2.19B	$2.25B	$2.35B	$2.45B

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$3.56B	$3.41B	$3.21B	$3.29B	$3.57B	$3.86B	$3.61B	$3.72B	$4.01B	$4.45B	$4.10B	$4.18B
Cost of revenue	$1.35B	$1.11B	$967.00M	$1.02B	$1.24B	$1.48B	$1.21B	$1.40B	$1.45B	$1.75B	$1.41B	$1.57B
Gross profit	$2.22B	$2.30B	$2.25B	$2.26B	$2.33B	$2.39B	$2.40B	$2.33B	$2.56B	$2.70B	$2.69B	$2.62B
Operating income	$1.10B	$1.22B	$1.04B	$1.01B	$1.11B	$1.15B	$1.15B	$1.06B	$1.36B	$1.44B	$1.35B	$1.16B
Pre-tax income	$824.00M	$982.00M	$770.00M	$764.00M	$891.00M	$929.00M	$919.00M	$839.00M	$1.30B	$1.29B	$1.17B	$980.00M
Income tax	$206.00M	$209.00M	$168.00M	$113.00M	$197.00M	$186.00M	$177.00M	$185.00M	$284.00M	$287.00M	$272.00M	$190.00M
Net income	$594.00M	$746.00M	$575.00M	$625.00M	$667.00M	$717.00M	$715.00M	$628.00M	$996.00M	$976.00M	$867.00M	$764.00M
EBITDA	$1.67B	$1.81B	$1.62B	$1.60B	$1.70B	$1.75B	$1.77B	$1.67B	$1.98B	$2.08B	$1.97B	$1.79B
EPS (basic)	$0.26	$0.33	$0.26	$0.28	$0.30	$0.32	$0.32	$0.28	$0.45	$0.44	$0.39	$0.34
EPS (diluted)	$0.26	$0.33	$0.26	$0.28	$0.30	$0.32	$0.32	$0.28	$0.45	$0.44	$0.39	$0.34
Diluted shares	-4.00M	2.22B	2.22B	2.22B	0	2.22B	2.22B	2.22B	0	2.23B	2.23B	2.23B
Gross margin	62.2%	67.5%	69.9%	68.9%	65.3%	61.8%	66.4%	62.5%	63.9%	60.7%	65.7%	62.6%
Operating margin	30.9%	35.9%	32.3%	30.9%	31.0%	29.6%	31.9%	28.6%	34.0%	32.4%	32.8%	27.7%
Net margin	16.7%	21.9%	17.9%	19.0%	18.7%	18.6%	19.8%	16.9%	24.8%	21.9%	21.2%	18.3%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$83.00M	$119.00M	$98.00M	$108.00M	$88.00M	$80.00M	$82.00M	$71.00M	$63.00M	$72.00M	$89.00M	$918.00M
Inventory	$525.00M	$548.00M	$537.00M	$526.00M	$555.00M	$577.00M	$560.00M	$560.00M	$574.00M	$593.00M	$565.00M	$621.00M
Total current assets	$2.54B	$2.31B	$2.19B	$2.18B	$2.52B	$2.58B	$2.49B	$2.43B	$2.75B	$2.71B	$2.59B	$3.47B
Goodwill	$20.12B	$20.09B	$20.08B	$20.08B	$20.08B	$20.08B	$20.08B	$20.08B	$20.08B	$20.08B	$20.08B	$20.07B
Total assets	$71.02B	$70.74B	$70.70B	$70.88B	$71.41B	$72.32B	$72.37B	$72.32B	$72.75B	$73.07B	$74.06B	$75.40B
Total current liabilities	$7.22B	$4.58B	$5.96B	$4.73B	$5.10B	$5.78B	$3.63B	$3.85B	$4.32B	$5.18B	$5.65B	$5.18B
Short-term debt	$4.05B	$1.98B	$3.06B	$1.98B	$2.01B	$3.04B	$788.00M	$1.08B	$1.23B	$2.19B	$2.44B	$1.73B
Long-term debt	$28.07B	$30.17B	$28.65B	$30.05B	$29.88B	$29.96B	$31.87B	$31.50B	$30.78B	$29.87B	$29.80B	$31.35B
Total debt	$32.12B	$32.15B	$31.71B	$32.03B	$31.89B	$33.01B	$32.66B	$32.58B	$32.00B	$32.06B	$32.25B	$33.07B
Total liabilities	$39.29B	$38.99B	$39.01B	$39.13B	$39.54B	$40.39B	$40.29B	$40.28B	$40.30B	$40.49B	$41.18B	$42.57B
Shareholders' equity	$30.31B	$30.37B	$30.34B	$30.41B	$30.53B	$30.61B	$30.77B	$30.74B	$31.16B	$31.32B	$31.63B	$31.59B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$2.32B	$1.19B	$1.69B	$1.25B	$1.51B	$1.16B	$1.65B	$1.41B	$1.69B	$1.49B	$1.96B	$1.59B
Capital expenditures	$628.00M	$619.00M	$581.00M	$657.00M	$772.00M	$766.00M	$647.00M	$793.00M	$820.00M	$804.00M	$982.00M	$1.04B
Free cash flow	$1.69B	$570.00M	$1.11B	$592.00M	$738.00M	$396.00M	$1.00B	$621.00M	$872.00M	$687.00M	$978.00M	$545.00M
Investing cash flow	-$2.44B	-$572.00M	-$600.00M	-$686.00M	-$771.00M	-$1.41B	-$625.00M	-$663.00M	-$477.00M	-$803.00M	-$1.55B	-$1.03B
Financing cash flow	$119.00M	-$570.00M	-$1.11B	-$554.00M	-$657.00M	$333.00M	-$1.12B	-$815.00M	-$1.24B	-$617.00M	-$469.00M	$260.00M
Dividends paid	$631.00M	$631.00M	$641.00M	$643.00M	$642.00M	$642.00M	$654.00M	$654.00M	$654.00M	$654.00M	$665.00M	$665.00M
Share buybacks	$132.00M	$7.00M	$0	$0	$0	$0	$0	$0	$0	—	—	—
Depreciation & amortization	$567.00M	$587.00M	$584.00M	$587.00M	$596.00M	$610.00M	$616.00M	$609.00M	$618.00M	$633.00M	$620.00M	$628.00M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.