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Kinder Morgan, Inc.

KMIEnergyNASDAQ

Oil & Gas Midstream · Last scanned May 30, 2026

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Financials · Annual
Revenue
$16.94B
+12.2% YoY
Net Income
$3.06B
+17.0% YoY
EBITDA
$7.18B
+6.5% YoY
Free Cash Flow
$1.65B

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About Kinder Morgan, Inc.

Kinder Morgan, Inc. operates as an energy infrastructure company primarily in North America. At a $69.15B market cap, Kinder Morgan, Inc. ranks as a large-cap company within energy. It operates through Natural Gas Pipelines, Products Pipelines, Terminals, and CO2 segments.

Key stats
Market Cap$69.15B
P/E (TTM)20.86
Fwd P/E20.33
EPS$1.49
Beta0.56
52W Change+8.5%
Dividend Yield3.78%
ROE10.6%
Analysis

The company holds $76.0M in cash, though total debt stands at $32.21B. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Free cash flow comes in at $1.65B, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. Return on equity stands at 10.6%, which is decent for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 4.3% is on the lower side, which is common in asset-heavy industries. Revenue has pulled back from $19.20B (2022) to $16.94B (2025), a 12% decline worth watching.

With a beta below 0.7, Kinder Morgan, Inc. typically sees smaller price swings than the overall market, offering a degree of stability during turbulent periods. Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. No single metric tells the full story. Reviewing KMI's risk profile alongside its fundamentals and technical indicators provides a more complete picture.

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