Kinder Morgan, Inc. (KMI)
Energy · Oil & Gas Midstream · NYSE
Kinder Morgan, Inc. revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13.06B | $13.71B | $14.14B | $13.21B | $11.70B | $16.61B | $19.20B | $15.33B | $15.10B | $16.94B |
| Gross profit | $9.63B | $9.36B | $9.72B | $9.95B | $9.15B | $10.12B | $9.95B | — | — | — |
| Net income | $708.00M | $183.00M | $1.61B | $2.19B | $119.00M | $1.78B | $2.55B | $2.39B | $2.61B | $3.06B |
| Net margin | 5.4% | 1.3% | 11.4% | 16.6% | 1.0% | 10.7% | 13.3% | 15.6% | 17.3% | 18.0% |
Source: Kinder Morgan, Inc. SEC filings (10-K). 17 years of history available in the interactive view.
What growth is priced into KMI stock?
At today's market cap of $69.73B, Kinder Morgan, Inc. is priced for free-cash-flow growth of about 10.3% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $2.89B from the FY ending 2025-12-31). For comparison, free cash flow actually grew 0.3%/yr over the last five fiscal years and revenue 7.7%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 17 years of Kinder Morgan, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Kinder Morgan, Inc. financial history by metric
About Kinder Morgan, Inc.
Kinder Morgan, Inc. operates as an energy infrastructure company primarily in North America. It operates through Natural Gas Pipelines, Products Pipelines, Terminals, and CO2 segments. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline, and storage systems; natural gas gathering systems and natural gas processing and treating facilities; natural gas liquids fractionation facilities and transportation systems; and liquefied natural gas gasification, liquefaction, and storage facilities. The Products Pipelines segment owns and operates refined petroleum products, and crude oil and condensate pipelines; and associated product terminals and petroleum pipeline transmix facilities. The Terminals segment owns and/or operates liquids and bulk terminals that stores and handles various commodities, including gasoline, diesel fuel, renewable fuel and feedstocks, chemicals, ethanol, metals, and petroleum coke; and owns tankers. The CO2 segment produces, transports, and markets CO2 to recovery and production crude oil from mature oil fields; owns interests in/or operates oil fields and gasoline processing plants; and operates a crude oil pipeline system in West Texas, as well as owns and operates RNG and LNG facilities. The company was formerly known as Kinder Morgan Holdco LLC and changed its name to Kinder Morgan, Inc. in February 2011. Kinder Morgan, Inc. was founded in 1997 and is headquartered in Houston, Texas.
Kinder Morgan, Inc. — frequently asked questions
What is Kinder Morgan, Inc.'s revenue?
Kinder Morgan, Inc. (KMI) reported revenue of $16.94B for fiscal year 2025, up 12.2% from the prior year, according to its SEC filings.
Is Kinder Morgan, Inc. profitable?
Yes. KMI earned net income of $3.06B in fiscal 2025, a net margin of 18.0%.
What is KMI's P/E ratio?
Kinder Morgan, Inc. trades at a price-to-earnings ratio of about 21.0 based on the latest data in our nightly-refreshed cache.
How fast is Kinder Morgan, Inc. growing?
KMI's revenue grew at roughly 7.7% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Kinder Morgan, Inc. have?
As of fiscal year 2025, KMI carried roughly $32.00B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Kinder Morgan, Inc.'s market cap?
Kinder Morgan, Inc. (KMI) has a market capitalization of about $69.73B, based on the latest data in our nightly-refreshed cache.
When does Kinder Morgan, Inc.'s fiscal year end?
KMI's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into KMI stock?
At today's market cap of $69.73B, Kinder Morgan, Inc. is priced for free-cash-flow growth of about 10.3% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $2.89B from the FY ending 2025-12-31). For comparison, free cash flow actually grew 0.3%/yr over the last five fiscal years and revenue 7.7%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Kinder Morgan, Inc.'s official SEC filings (10-K and 10-Q), covering 17 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.