KINDER MORGAN, INC.
KINDER MORGAN, INC.
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 72 | 63 | 71 | 82 | 80 | 88 | 108 | 98 | 119 | 83 | 80 | 497 | |||||
Restricted Cash And Investments Current | 108 | 46 | 62 | 115 | 215 | 126 | 25 | 26 | 24 | 13 | 17 | 23 | |||||
Accounts Receivable Gross Current | 1,582 | 1,714 | 1,444 | 1,453 | 1,476 | 1,506 | 1,265 | 1,293 | 1,404 | 1,588 | 1,502 | 1,284 | |||||
Derivative Assets Current | - | - | - | - | - | - | 75 | 46 | 55 | 126 | 79 | 153 | |||||
Inventory Net | 593 | 574 | 560 | 560 | 577 | 555 | 526 | 537 | 548 | 525 | 565 | 569 | |||||
Other Assets Current | 352 | 357 | 289 | 276 | 231 | 246 | 178 | 190 | 157 | 333 | 190 | 192 | |||||
Assets Current | 2,707 | 2,754 | 2,426 | 2,486 | 2,579 | 2,521 | 2,177 | 2,190 | 2,307 | 2,542 | 2,433 | 2,718 | |||||
Property Plant And Equipment Net | 39,699 | 39,331 | 39,021 | 38,818 | 38,701 | 38,013 | 37,709 | 37,533 | 37,313 | 37,297 | 35,944 | 35,759 | |||||
Long Term Investments | 7,651 | 7,532 | 7,747 | 7,854 | 7,877 | 7,845 | 7,882 | 7,851 | 7,906 | 7,874 | 7,674 | 7,665 | |||||
Goodwill | 20,084 | 20,084 | 20,084 | 20,084 | 20,084 | 20,084 | 20,084 | 20,084 | 20,094 | 20,121 | 19,965 | 19,965 | |||||
Intangible Assets Net Excluding Goodwill | 1,686 | 1,730 | 1,774 | 1,818 | 1,868 | 1,760 | 1,809 | 1,858 | 1,907 | 1,957 | 1,652 | 1,696 | |||||
Other Assets Noncurrent | 1,245 | 1,317 | 1,264 | 1,311 | 1,209 | 1,184 | 1,218 | 1,186 | 1,209 | 1,229 | 1,194 | 1,270 | |||||
Assets | 73,072 | 72,748 | 72,316 | 72,371 | 72,318 | 71,407 | 70,879 | 70,702 | 70,736 | 71,020 | 68,862 | 69,073 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Debt Current | 2,186 | 1,226 | 1,081 | 788 | 3,044 | 2,009 | 1,984 | 3,062 | 1,975 | 4,049 | 3,130 | 2,760 | |||||
Accounts Payable Current | 1,366 | 1,408 | 1,295 | 1,301 | 1,246 | 1,395 | 1,256 | 1,204 | 1,074 | 1,366 | 1,430 | 1,142 | |||||
Interest Payable Current | 339 | 534 | 362 | 530 | 339 | 543 | 361 | 524 | 365 | 513 | 387 | 511 | |||||
Taxes Payable Current | 198 | 256 | 291 | 212 | 202 | 276 | 286 | 223 | 196 | 272 | - | - | |||||
Derivative Liabilities Current | - | - | - | - | - | - | 117 | 228 | 270 | 205 | 346 | 251 | |||||
Other Accrued Liabilities Current | 1,093 | 898 | 817 | 802 | 947 | 878 | 727 | 717 | 695 | 1,021 | 958 | 939 | |||||
Liabilities Current | 5,182 | 4,322 | 3,846 | 3,633 | 5,778 | 5,101 | 4,731 | 5,958 | 4,575 | 7,221 | 6,251 | 5,603 | |||||
Deferred Credits And Othe… | |||||||||||||||||
Liabilities Noncurrent | |||||||||||||||||
Long Term Debt Noncurrent | |||||||||||||||||
Debt Instrument Carrying Amount | - | - | - | - | - | - | - | - | - | - | 27,863 | 28,536 | |||||
Long Term Debt | |||||||||||||||||
Long Term Debt Noncurrent | 29,870 | 30,777 | 31,499 | 31,871 | 29,965 | 29,881 | 30,047 | 28,649 | 30,171 | 28,067 | 27,871 | 28,632 | |||||
Deferred Income Tax Liabilities Net | 3,120 | 2,891 | 2,605 | 2,417 | 2,233 | 2,070 | 1,853 | 1,729 | 1,568 | 1,388 | 1,112 | 1,010 | |||||
Deferred Credits And Other Liabilities Noncurrent | 2,317 | 2,309 | 2,333 | 2,369 | 2,416 | 2,488 | 2,502 | 2,672 | 2,679 | 2,615 | 2,047 | 1,919 | |||||
Liabilities Noncurrent | 35,307 | 35,977 | 36,437 | 36,657 | 34,614 | 34,439 | 34,402 | 33,050 | 34,418 | 32,070 | 31,030 | 31,561 | |||||
Liabilities | 40,489 | 40,299 | 40,283 | 40,290 | 40,392 | 39,540 | 39,133 | 39,008 | 38,993 | 39,291 | 37,281 | 37,164 | |||||
Common Stock Value | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | |||||
Additional Paid In Capital | 41,296 | 41,276 | 41,255 | 41,269 | 41,250 | 41,237 | 41,217 | 41,218 | 41,200 | 41,190 | 41,306 | 41,387 | |||||
Retained Earnings Accumulated Deficit | -9,859 | -10,181 | -10,523 | -10,497 | -10,558 | -10,633 | -10,658 | -10,640 | -10,574 | -10,689 | -10,652 | -10,550 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -137 | 45 | -14 | -24 | -109 | -95 | -175 | -262 | -276 | -217 | -418 | -290 | |||||
Stockholders Equity | 31,322 | 32,449 | 30,740 | 32,081 | 30,605 | 30,531 | 30,406 | 31,694 | 30,372 | 31,729 | 31,581 | 31,909 | |||||
Minority Interest | 1,261 | 1,287 | 1,293 | 1,311 | 1,321 | 1,336 | 1,340 | 1,356 | 1,371 | 1,423 | 1,323 | 1,340 | |||||
Liabilities And Stockholders Equity | 73,072 | 72,748 | 72,316 | 72,371 | 72,318 | 71,407 | 70,879 | 70,702 | 70,736 | 71,020 | 68,862 | 69,073 | |||||
Stockholders Equity Inclu… | |||||||||||||||||
Equity | |||||||||||||||||
Common Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Common Stock Shares Authorized | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | |||||
Common Stock Shares Issued | 2,225 | 2,225 | 2,225 | 2,222 | 2,222 | 2,222 | 2,222 | 2,219 | 2,219 | 2,220 | 2,228 | 2,229 | |||||
Shares Outstanding | 2,225 | 2,225 | 2,225 | 2,222 | 2,222 | 2,222 | 2,222 | 2,219 | 2,219 | 2,220 | 2,228 | 2,229 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.93% | 1.56% | 2.13% | - | - | - | - | - | - | - | - | - |
| 2025 | - | - | - | -2.53% | -3.62% | 3.16% | 7.23% | 4.53% | 6.06% | 3.90% | 2.01% | 0.65% |
| 2024 | 2.86% | 5.77% | 7.23% | -0.87% | -0.35% | 11.39% | 9.00% | 12.61% | 14.64% | -1.58% | -4.78% | 2.12% |
| 2023 | - | - | - | 1.50% | -4.09% | -7.18% | 1.64% | 4.82% | 7.69% | 3.17% | 6.27% | 13.59% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 0.52 | 0.64 | 0.63 | 0.68 | 0.45 | 0.49 | 0.46 | 0.37 | 0.50 | 0.35 | 0.39 | 0.49 | |||||
| Quick Ratio | 0.41 | 0.50 | 0.49 | 0.53 | 0.35 | 0.39 | 0.35 | 0.28 | 0.38 | 0.28 | 0.30 | 0.38 | |||||
| Working Capital | -2.48B | -1.57B | -1.42B | -1.15B | -3.20B | -2.58B | -2.55B | -3.77B | -2.27B | -4.68B | -3.82B | -2.89B | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 1.29 | 1.24 | 1.31 | 1.26 | 1.32 | 1.24 | 1.29 | 1.23 | 1.28 | 1.24 | 1.18 | 1.16 | |||||
| Interest Coverage TTM | 2.82 | 2.62 | 2.48 | 2.44 | 2.36 | 2.38 | 2.36 | 2.33 | 2.35 | 2.37 | 2.41 | 2.49 | |||||
| Debt Ratio | 0.55 | 0.55 | 0.56 | 0.56 | 0.56 | 0.55 | 0.55 | 0.55 | 0.55 | 0.55 | 0.54 | 0.54 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.24 | 0.23 | 0.23 | 0.22 | 0.22 | 0.21 | 0.22 | 0.22 | 0.22 | 0.22 | 0.23 | 0.25 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 1.54 | 1.42 | 1.29 | 1.27 | 1.22 | 1.23 | 1.12 | 1.09 | 1.10 | 1.07 | 1.13 | 1.14 | |||||
| Free Cash Flow Per Share TTM | 1.43 | 1.30 | 1.24 | 1.23 | 1.27 | 1.35 | 1.78 | 1.81 | 1.76 | 1.87 | 1.53 | 1.48 | |||||
| Dividend Per Share TTM | 1.18 | 1.17 | 1.17 | 1.16 | 1.16 | 1.15 | 1.15 | 1.14 | 1.14 | 1.13 | 1.13 | 1.13 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 66.89% | 67.36% | 67.59% | 69.00% | 69.64% | 71.28% | 70.66% | 68.58% | 68.41% | 67.80% | 65.03% | 59.97% | |||||
| Operating Profit Margin TTM | 28.66% | 27.89% | 27.22% | 27.68% | 27.78% | 29.03% | 28.89% | 28.00% | 28.07% | 27.80% | 26.87% | 24.84% | |||||
| Net Profit Margin TTM | 19.50% | 18.66% | 17.42% | 17.72% | 17.53% | 18.01% | 16.47% | 15.80% | 15.92% | 15.59% | 15.88% | 14.83% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 13.07% | 12.17% | 8.35% | 3.97% | 1.38% | -1.53% | -4.56% | -10.42% | -18.66% | -20.14% | -16.65% | -3.10% | |||||
| Net Income Growth (1Y) | 25.80% | 16.18% | 14.54% | 16.65% | 11.63% | 13.76% | -0.99% | -4.56% | -5.18% | -6.16% | 0.88% | 4.44% | |||||
| EPS Growth (1Y) | 25.63% | 16.02% | 14.39% | 16.50% | 11.53% | 14.48% | -0.59% | -3.79% | -4.03% | -5.15% | 1.92% | 5.74% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 21.63 | 18.98 | 21.37 | 22.16 | 22.16 | 21.02 | 18.26 | 16.66 | 15.10 | 14.63 | 12.80 | 13.01 | |||||
| P/B TTM | 2.36 | 1.85 | 1.99 | 1.96 | 1.97 | 1.79 | 1.50 | 1.28 | 1.21 | 1.10 | 1.02 | 1.04 | |||||
| P/S TTM | 4.22 | 3.54 | 3.72 | 3.93 | 3.89 | 3.79 | 3.01 | 2.63 | 2.40 | 2.28 | 2.03 | 1.93 | |||||
| Market Cap | 73.92B | 59.97B | 61.09B | 62.73B | 60.21B | 57.17B | 45.58B | 40.42B | 36.75B | 34.99B | 32.26B | 33.08B | |||||
| Enterprise Value | 105.90B | 91.91B | 93.60B | 95.19B | 93.14B | 88.97B | 77.48B | 72.00B | 68.77B | 67.02B | 63.18B | 63.95B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 3.18B | 2.89B | 2.76B | 2.73B | 2.83B | 3.01B | 3.96B | 4.01B | 3.92B | 4.17B | 3.41B | 3.32B | |||||
| Net Debt | 31.98B | 31.94B | 32.51B | 32.46B | 32.93B | 31.80B | 31.90B | 31.59B | 32.03B | 32.03B | 30.92B | 30.87B | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
KINDER MORGAN, INC. (KMI) — SEC Financial Statements & Analysis
KINDER MORGAN, INC. (KMI) is a natural gas transmission company, incorporated in DE. KINDER MORGAN, INC. trades on EP-PC: NYSE as: KMI: NYSE. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), KINDER MORGAN, INC. reported a 13.07% year-over-year revenue growth, a Gross Profit Margin of 66.89% (TTM), a Debt-to-Equity ratio of 1.29x, a Price-to-Sales (P/S) ratio of 4.22x (TTM), a Price-to-Book (P/B) ratio of 2.36 (TTM), at a market cap of $73.92B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 13.07%
- Gross Profit Margin TTM
- 66.89%
- Debt To Equity
- 1.29x
- P/S TTM
- 4.22x
- P/B TTM
- 2.36
- Market Cap
- $73.92B
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is KINDER MORGAN, INC. in?
KINDER MORGAN, INC. (KMI) operates in the Natural Gas Transmission industry.
What is KMI's market cap?
KINDER MORGAN, INC. (KMI) has a market capitalization of $73.92B as of 2026-03-31.
What is KMI's P/E ratio?
KINDER MORGAN, INC. (KMI)'s trailing twelve month P/E ratio is 21.63x as of 2026-03-31.
What exchange does KMI trade on?
KINDER MORGAN, INC. (KMI) trades on the EP-PC: NYSE.
Where is KINDER MORGAN, INC. incorporated?
KINDER MORGAN, INC. is incorporated in DE.