Kinder Morgan, Inc. logo KMI - Kinder Morgan, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY 0
BUY 16
HOLD 17
SELL 1
STRONG
SELL 0
| PRICE TARGET: $36.67 DETAILS
HIGH: $43.00
LOW: $32.00
MEDIAN: $35.00
CONSENSUS: $36.67
UPSIDE: 12.90%
Annual Quarterly
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Revenue
Revenue 16,950 15,073 15,156 19,554 17,533 11,479 13,160 14,277 13,617 12,943 13,918 16,177 14,090 9,998 8,329.6 8,207.7 7,159.9 12,094.8
Cost of Revenue 9,549 9,545 10,022 14,050 11,168 7,195 8,263 9,263 9,092 7,996 8,744 10,479 9,171 6,195 6,035.1 6,117.5 5,295 9,980.4
Gross Profit 7,401 5,528 5,134 5,504 6,365 4,284 4,897 5,014 4,525 4,947 5,174 5,698 4,919 3,803 2,294.5 2,090.2 1,864.9 2,114.4
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 936 712 668 637 655 648 590 601 688 669 690 610 613 929 560.8 631.1 373 352.5
Other Expenses 1,653 433 421 441 426 389 426 345 398 421 439 418 395 286 230.3 171.4 137 191.4
Operating Expenses 2,589 1,145 1,089 1,078 1,081 1,037 1,016 946 1,086 1,090 1,129 1,028 1,008 1,215 745.3 802.5 510 543.9
Operating Income
Operating Income 4,812 4,383 4,045 4,426 5,284 3,247 3,881 4,068 3,439 3,857 4,045 4,670 3,911 2,588 1,549.2 1,287.7 1,354.9 1,570.5
Interest Expense 1,800 1,866 1,804 1,508 1,496 1,587 1,788 1,904 1,829 1,891.6 2,029 1,806 1,692 1,429 703.3 668.3 589.5 613.7
Interest Income 0 0 0 0 0 0 0 0 0 0 4 9 15 28 23 23.4 16.1 0
Profitability
EBITDA 7,479 7,627 7,255 7,029 5,850 4,412 7,364 6,707 6,251 5,738.6 5,110 6,937 6,936 4,191 2,810.2 2,215 2,759.1 (1,365.9)
EBIT 5,026 5,273 5,005 4,843 3,715 2,248 4,953 4,410 3,990 3,529.6 2,801 4,897 5,130 2,772 1,718.3 1,136.2 1,688.9 (2,284.3)
Income Before Tax 3,992 3,407 3,201 3,335 2,219 661 3,165 2,506 2,161 1,638 772 3,091 3,438 1,343 1,015 467.9 1,099.4 (2,898)
Income Tax Expense 832 687 715 710 369 481 926 587 1,938 917 564 648 742 210 362.8 167.6 326.6 304.3
Net Income 3,056 2,613 2,391 2,548 1,784 119 2,190 1,609 183 708 253 1,026 1,193 315 523.8 (41.3) 495 (3,599.3)
Per Share Data
EPS (Basic) 1.37 1.17 1.06 1.12 0.78 0.05 0.96 0.66 0.01 0.25 0.14 0.89 1.15 0.49 0.74 -0.06 0.70 -5.09
EPS (Diluted) 1.37 1.17 1.06 1.12 0.78 0.05 0.96 0.66 0.01 0.25 0.14 0.90 1.15 0.49 0.74 -0.03 0.38 -2.76
Shares Outstanding 2,225 2,220 2,234 2,258 2,266 2,263 2,264 2,216 2,230 2,230 2,187 1,137 1,036 907 707 707 707 707
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Current Assets
Cash & Cash Equivalents 109 88 83 745 1,140 1,184 185 3,280 264 684 229 315 598 714 411 502.4 165.6
Short-Term Investments 0 0 0 0 0 0 925 0 0 0 0 0 0 0 0 0 0
Net Receivables 1,714 1,506 1,588 1,840 1,611 1,293 1,379 1,498 1,613 1,550 1,355 1,641 1,721 1,333 914 971.4 916.3
Inventory 574 555 525 634 562 348 371 385 424 357 407 459 430 374 171.6 94.2 115.4
Other Current Assets 357 372 346 584 516 378 378 559 414 638 833 1,337 1,119 1,253 166 218.9 183
Total Current Assets 2,754 2,521 2,542 3,803 3,829 3,203 3,238 5,722 2,715 3,229 2,824 3,752 3,868 3,674 1,663 1,786.9 1,380.3
Non-Current Assets
Property, Plant & Equipment 39,547 38,013 37,297 35,599 35,968 35,836 36,419 37,897 40,155 38,705 40,547 38,564 35,847 30,996 17,926 17,070.7 16,803.5
Goodwill 20,084 20,084 20,121 19,965 19,914 19,851 21,451 21,965 22,162 22,152 23,790 24,654 24,504 23,632 5,074 4,830.9 4,744.3
Intangible Assets 1,730 1,760 1,957 1,809 1,678 2,453 2,676 2,880 3,099 3,318 3,551 2,302 2,438 1,171 1,185 339.2 259.8
Long-Term Investments 7,645 7,845 7,874 7,653 7,872 7,917 7,759 7,481 7,298 7,027 6,040 6,036 5,951 5,804 3,744 4,291.1 3,695.6
Other Non-Current Assets 988 1,184 1,229 1,249 1,040 2,177 1,757 1,355 1,582 1,522 2,029 2,090 2,577 2,968 1,125 589.3 697.5
Total Non-Current Assets 71,800 68,886 68,478 66,275 68,539 68,770 70,919 73,144 76,340 77,076 81,280 79,297 71,317 64,571 29,054 27,121.2 26,200.7
Total Assets 74,554 71,407 71,020 70,078 72,368 71,973 74,157 78,866 79,055 80,305 84,104 83,049 75,185 68,245 30,717 28,908.1 27,581
Current Liabilities
Account Payables 1,408 1,395 1,366 1,444 1,259 837 914 1,337 1,340 1,257 1,192 1,588 1,676 1,248 728 647.5 620.8
Short-Term Debt 1,275 2,009 4,049 3,385 2,691 2,558 2,377 3,388 2,703 2,696 821 2,717 2,306 2,401 2,922 2,047.6 768.7
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 99.6 96.7 76.1
Other Current Liabilities 1,383 878 1,021 1,322 1,601 580 808 894 970 1,085 1,059 1,037 944 952 449.4 281.5 308.6
Total Current Liabilities 4,322 5,101 7,221 6,930 5,821 5,074 5,100 7,557 6,181 5,924 4,065 6,362 6,075 5,228 4,529 3,644.1 2,319.2
Non-Current Liabilities
Long-Term Debt 30,944 30,074 28,297 28,643 30,943 32,021 31,805 33,726 34,805 37,354 42,406 40,097 33,887 32,000 14,356 13,812.9 13,240.7
Deferred Tax Liabilities 4,697 2,070 1,388 623 1,952 1,533 845 0 0 0 0 0 4,651 4,071 2,199 2,092.7 2,035.9
Other Non-Current Liabilities 1,975 2,102 2,155 1,528 1,460 2,312 2,363 2,386 2,945 2,225 2,230 2,164 2,287 2,846 1,065 819.4 1,140.1
Total Non-Current Liabilities 37,783 34,439 32,070 31,034 34,626 35,866 35,013 36,427 37,995 39,783 44,793 42,410 40,825 38,877 17,620.4 16,725 16,420.7
Total Liabilities 42,105 39,540 39,291 37,964 40,447 40,940 40,113 43,669 43,931 45,503 48,701 48,623 46,900 44,145 22,149 20,369.1 18,735.9
Stockholders' Equity
Common Stock 22 22 22 22 23 23 23 23 22 22 22 21 10 10 8 0 4,338.4
Retained Earnings (10,181) (10,633) (10,689) (10,551) (10,595) (9,936) (7,693) (7,716) (7,754) (6,669) (6,103) (2,106) (1,372) (943) (3) 0 0
Accumulated Other Comprehensive Income 45 (95) (217) (402) (411) (407) (333) (330) (541) (661) (461) (17) (24) (118) (115) (136.5) (167.9)
Total Stockholders' Equity 31,162 30,531 30,306 30,742 30,823 31,436 33,742 33,678 33,636 34,431 35,119 34,076 13,093 13,866 3,321 3,439.1 4,170.5
Total Liabilities & Equity 74,554 71,407 71,020 70,078 72,368 73,506 75,002 78,866 79,055 80,305 84,104 83,049 75,185 68,245 30,717 28,908.1 27,581
Debt Metrics
Total Debt 32,386 32,336 32,631 32,315 33,905 34,579 34,182 37,114 37,508 40,050 43,227 42,814 36,193 34,401 17,278 15,860.5 14,009.4
Net Debt 32,277 32,122 32,535 31,521 32,758 33,395 33,997 33,834 37,244 39,366 42,998 42,499 35,595 33,687 16,867 15,358.1 13,843.8
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Operating Activities
Net Income 3,040 2,720 2,486 2,625 1,850 623 2,190 1,609 223 721 208 2,443 2,692 427 660 300.3 772.8
Depreciation & Amortization 2,453 2,354 2,250 2,261 2,135 2,164 2,411 2,297 2,261 2,209 2,309 2,040 1,806 1,426 1,091.9 1,078.8 1,070.2
Stock-Based Compensation 0 0 63 60 59 73 62 63 65 66 52 51 35 87 0 0 0
Change in Working Capital (223) (76) 1,195 (258) (218) 31 (250) 399 (2) (90) 486 (835) (302) (315) 314.9 (7.7) (461.1)
Other Non-Cash Items 197 (10) (213) (413) 1,527 1,314 (382) 270 (19) 765 1,511 153 750 1,123 214.1 537.7 145
Operating Cash Flow 6,247 5,635 6,491 4,967 5,708 4,550 4,748 5,043 4,601 4,787 5,303 4,467 4,064 2,795 2,365.1 1,911 1,587.5
Investing Activities
Capital Expenditure (3,026) (2,629) (2,345) (1,621) (1,281) (1,707) (2,270) (2,924) (3,188) (2,882) (3,896) (3,617) (3,369) (2,022) (1,200.1) (1,002.5) (1,324.3)
Acquisitions (648) (62) (1,839) (487) (1,547) 1,069 1,499 3,122 (4) 1,401 (2,079) (1,388) (292) (3,179) 23.3 49.3 47.9
Purchases of Investments (178) (121) (212) (229) (38) (386) (1,299) (433) (684) (408) (96) (389) (217) (192) (1,341.6) (1,260.4) (2,051.8)
Sales/Maturities of Investments 382 0 0 0 (206) (1,069) 1,527 124 496 561 2,307 1,575 266 354 236.4 224.5 125.7
Other Investing Activities (39) 183 193 162 767 1,182 (1,171) 43 18 (377) (1,942) (1,391) 548 (45) (109.5) (298) (275)
Investing Cash Flow (3,509) (2,629) (4,175) (2,175) (2,305) (911) (1,714) (68) (3,362) (1,705) (5,706) (5,210) (3,064) (5,084) (2,391.5) (2,287.1) (3,477.5)
Financing Activities
Net Debt Issuance (57) (116) 234 (677) (899) (108) (3,198) 160 (2,196) (1,431) (800) 6,772 1,188 3,393 779 1,532 2,192
Stock Repurchased 0 (7) (522) (368) 0 (50) (2) (273) (250) 0 0 (192) (637) (157) 0 0 0
Dividends Paid (2,604) (2,557) (2,529) (2,504) (2,443) (2,362) (2,163) (1,774) (1,276) (1,272) (4,224) (1,760) (1,622) (1,184) (769.6) (700) (650)
Other Financing Activities (182) (207) (197) 404 (123) (118) (822) 63 2,041 74 (70) (4,349) (24) 375 (66.4) (121.4) (766.6)
Financing Cash Flow (2,843) (2,887) (3,014) (3,145) (3,465) (2,638) (6,185) (1,824) (1,681) (2,629) 327 471 (1,095) 2,584 (57) 710.6 1,931
Cash Position
Net Change in Cash (105) 118 (698) (353) (62) 1,000 (3,122) 3,005 (420) 455 (86) (283) (116) 303 (91) 336.8 47
Cash at Beginning 214 96 794 1,147 1,209 209 3,331 326 684 229 315 598 714 411 502.4 165.6 118.6
Cash at End 109 214 96 794 1,147 1,209 209 3,331 264 684 229 315 598 714 411.4 502.4 165.6
Free Cash Flow 3,221 3,006 4,146 3,346 4,427 2,843 2,478 2,119 1,413 1,905 1,407 850 695 773 1,165 908.5 263.2
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Income Statement
Revenue 16,950 15,073 15,156 19,554 17,533 11,479 13,160 14,277 13,617 12,943 13,918 16,177 14,090 9,998 8,329.6 8,207.7 7,159.9 12,094.8
Gross Profit 7,401 5,528 5,134 5,504 6,365 4,284 4,897 5,014 4,525 4,947 5,174 5,698 4,919 3,803 2,294.5 2,090.2 1,864.9 2,114.4
Operating Income 4,812 4,383 4,045 4,426 5,284 3,247 3,881 4,068 3,439 3,857 4,045 4,670 3,911 2,588 1,549.2 1,287.7 1,354.9 1,570.5
Net Income 3,056 2,613 2,391 2,548 1,784 119 2,190 1,609 183 708 253 1,026 1,193 315 523.8 (41.3) 495 (3,599.3)
EPS (Diluted) 1.37 1.17 1.06 1.12 0.78 0.05 0.96 0.66 0.01 0.25 0.14 0.90 1.15 0.49 0.74 -0.03 0.38 -2.76
Balance Sheet
Cash & Equivalents 109 88 83 745 1,140 1,184 185 3,280 264 684 229 315 598 714 411 502.4 165.6
Total Assets 74,554 71,407 71,020 70,078 72,368 71,973 74,157 78,866 79,055 80,305 84,104 83,049 75,185 68,245 30,717 28,908.1 27,581
Total Debt 32,386 32,336 32,631 32,315 33,905 34,579 34,182 37,114 37,508 40,050 43,227 42,814 36,193 34,401 17,278 15,860.5 14,009.4
Stockholders' Equity 31,162 30,531 30,306 30,742 30,823 31,436 33,742 33,678 33,636 34,431 35,119 34,076 13,093 13,866 3,321 3,439.1 4,170.5
Cash Flow
Operating Cash Flow 6,247 5,635 6,491 4,967 5,708 4,550 4,748 5,043 4,601 4,787 5,303 4,467 4,064 2,795 2,365.1 1,911 1,587.5
Capital Expenditure (3,026) (2,629) (2,345) (1,621) (1,281) (1,707) (2,270) (2,924) (3,188) (2,882) (3,896) (3,617) (3,369) (2,022) (1,200.1) (1,002.5) (1,324.3)
Free Cash Flow 3,221 3,006 4,146 3,346 4,427 2,843 2,478 2,119 1,413 1,905 1,407 850 695 773 1,165 908.5 263.2