Kinder Morgan, Inc. (KMI) Financial Statements
Historical financial data — 42 statements covering FY2016–FY2025
Kinder Morgan operates natural gas, crude oil, and refined products pipelines connecting producing regions to demand centers. It is principally involved in the gathering, storage, and transmission...
Kinder Morgan, Inc.'s revenue increased 12.2% year over year, from $15.10B to $16.94B.
Net income increased 17.0% over the same period, from $2.61B to $3.06B.
Over the 9-year period from FY2016 to FY2025, revenue grew by 30% in total.
Total debt remained relatively stable at $32.00B.
The debt-to-equity ratio stands at 1.03, indicating a elevated leverage profile.
Operating cash flow grew 5.0% to $5.92B.
Kinder Morgan, Inc. maintains a healthy net profit margin of 18.0%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $3.70B+3.6% | $625.0M | $1.01B | $1.01B | $1.25B | $70.88B | $32.03B | $30.41B |
| Q4 FY2024 | $3.99B+7.8% | $667.0M | $1.11B | $1.11B | $1.51B | $71.41B | $31.89B | $30.53B |
| Q1 FY2025 | $4.24B+6.4% | $717.0M | $1.15B | $1.15B | $1.16B | $72.32B | $33.01B | $30.61B |
| Q2 FY2025 | $4.04B-4.7% | $715.0M | $1.15B | $1.15B | $1.65B | $72.37B | $32.66B | $30.77B |
| Q3 FY2025 | $4.15B+2.6% | $628.0M | $1.06B | $1.06B | $1.41B | $72.32B | $32.58B | $30.74B |
| Q4 FY2025 | $4.51B+8.7% | $996.0M | $1.36B | $1.36B | $1.69B | $72.75B | $32.00B | $31.16B |
| Q1 FY2026 | $4.83B+7.1% | $976.0M | $1.44B | $1.44B | $1.49B | $73.07B | $32.20B | $32.58B |
| Q2 FY2026 | $4.48B-7.3% | $867.0M | $1.35B | $1.35B | $1.96B | $74.06B | $32.42B | $32.88B |
Balance Sheet Summary (Q2 FY2026)
Kinder Morgan, Inc. (KMI) Financial Statements & Revenue History
Kinder Morgan, Inc. (KMI) is a US-listed stock operating in the Utilities sector, specifically the Natural Gas Transmission industry trading at $33.78 with a market capitalization of $75. This page provides 42 historical financial statements for Kinder Morgan, Inc., including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, Kinder Morgan, Inc. reported revenue of $16.9 billion, representing 12.2% year-over-year growth. The net profit margin of 18.0% reflects strong profitability. The debt-to-equity ratio of 1.03 indicates elevated leverage.
KMI Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows Kinder Morgan, Inc.'s revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether KMI is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track KMI's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently Kinder Morgan, Inc. converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of KMI's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use KMI Financial Data
Investors use Kinder Morgan, Inc.'s financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare KMI's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how KMI's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View KMI's financial health score, earnings, and pre-market pricing.
Financial data is sourced from Kinder Morgan, Inc.'s SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.KMI trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.