Kinder Morgan, Inc. (KMI) Financial Statements

Kinder Morgan, Inc.

KMI · NYSE

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Total Revenue	$15.20B	$13.48B	$13.65B	$18.13B	$16.15B	$10.10B	$12.08B	$13.32B
Cost of Revenue	—	—	—	$9.26B	$6.49B	$2.54B	$3.26B	$4.42B
Selling, General & Administrative	$744.00M	$712.00M	$668.00M	$637.00M	$655.00M	$648.00M	$590.00M	$601.00M
Operating Expenses	$746.00M	$736.00M	$759.00M	$593.00M	$623.00M	$10.14B	$8.34B	$10.35B
Operating Income	$4.72B	$4.38B	$4.26B	$4.07B	$2.92B	$1.56B	$4.87B	$3.79B
Interest Expense	—	—	-$1.80B	-$1.51B	-$1.49B	—	-$1.80B	-$1.92B
Other Income / (Expense)	-$732.00M	-$977.00M	-$1.06B	-$730.00M	-$697.00M	-$899.00M	-$1.71B	-$1.29B
Income Before Taxes	$3.99B	$3.41B	$3.20B	$3.33B	$2.22B	$661.00M	$3.17B	$2.51B
Provision for Income Taxes	$832.00M	$687.00M	$715.00M	$710.00M	$369.00M	$481.00M	$926.00M	$587.00M
Net Income	$3.06B	$2.61B	$2.39B	$2.55B	$1.78B	$119.00M	$2.19B	$1.61B
Basic EPS	$1.37	$1.17	$1.06	$1.12	$0.78	$0.05	$0.96	—
Diluted EPS	$1.37	$1.17	$1.06	$1.12	$0.78	$0.05	$0.96	—
Basic Shares Outstanding	2.22B	2.22B	2.23B	2.26B	2.27B	2.26B	2.26B	—
Diluted Shares Outstanding	2.22B	2.22B	2.23B	2.26B	2.27B	2.26B	2.26B	—

Analyst Estimates

Period	Consensus EPS	Low	High	Estimates	Revisions
Dec 2026	$1.54	$1.46	$1.66	7	↑4 ↓0
Dec 2027	$1.55	$1.44	$1.76	8	↑5 ↓0
Dec 2028	$1.64	$1.50	$1.83	5	↑2 ↓0
Dec 2029	$1.73	$1.73	$1.73	1	↑0 ↓0

Forward estimates are the sell-side consensus reported by Nasdaq, not a metir forecast.

Symbol: KMI
Type: Stock
Sector: Utilities
Industry: Natural Gas Distribution
Country: North America
Exchange: NYSE

Kinder Morgan, Inc. (NYSE: KMI) is one of the largest energy infrastructure companies in North America. Access to reliable, affordable energy is a critical component for improving lives around the world. We are committed to providing energy transportation and storage services in a safe, efficient, and environmentally responsible manner for the benefit of the people, communities, and businesses we serve. We own an interest in or operate approximately 78,000 miles of pipelines, 136 terminals, more than 700 billion cubic feet of working natural gas storage capacity, and have renewable natural gas generation capacity of approximately 6.9 Bcf per year of gross production. Our pipelines transport natural gas, refined petroleum products, crude oil, condensate, CO2, renewable fuels and other products, and our terminals store and handle various commodities including gasoline, diesel fuel, jet fuel, chemicals, metals, petroleum coke, and ethanol and other renewable fuels and feedstocks.

Key Issues

Bullish view

Fiscal 2025 revenue rose to $15.2 billion from $13.5 billion, while net income increased to $3.1 billion from $2.6 billion, supporting the case that Kinder Morgan is converting scale and infrastructure demand into growth.

Bearish view

The supplied evidence gives only annual historical results and no 2026 outlook, segment trends or new contracts, so it does not establish that the recent growth rate can continue.

Analyst Consensus

See all

Hold

19 analysts

$31

Current

—

Low

$36

Average

—

High

Average target implies +15.59% versus the current price.

Earnings History

BeatMissNo estimate

Peers

Energy Transfer LP Common Units ET · NYSE$20.39