KMI

— Fundamental Stock Analysis and Report Card

Energy : Oil & Gas Midstream

Located in Houston, TX, US. Kinder Morgan, Inc. operates as a leading energy infrastructure company across North America. Its extensive operations are categorized into four primary business segments: Natural Gas Pipelines, Products Pipelines, Terminals, and CO2. The Natural Gas Pipelines segment manages a vast network of interstate and intrastate natural gas pipelines, along with underground storage systems. This includes natural gas gathering systems, processing and treatment facilities, natural gas liquids fractionation plants, transportation systems, and infrastructure for liquefied natural gas liquefaction and storage. Within its Products Pipelines segment, the company owns and operates pipelines designed for refined petroleum products, crude oil, and condensate, supported by associated product terminals and facilities for petroleum pipeline transmix. The Terminals segment involves the ownership and operation of both liquid and bulk terminals that are utilized for storing and handling a wide array of commodities, such as gasoline, diesel fuel, various chemicals, ethanol, metals, and petroleum coke. This division also includes the ownership of tankers. Lastly, the CO2 segment is dedicated to the production, transportation, and marketing of carbon dioxide, primarily for enhanced oil recovery from mature oil fields. This segment also holds interests in or operates oil fields and gasoline processing plants, oversees a crude oil pipeline system located in West Texas, and manages renewable natural gas (RNG) and liquefied natural gas (LNG) facilities. In total, Kinder Morgan owns and operates approximately 83,000 miles of pipelines and 143 terminals. The company, initially named Kinder Morgan Holdco LLC, officially changed its name to Kinder Morgan, Inc. in February 2011. Founded in 1936, its corporate headquarters are situated in Houston, Texas.

Growth

Revenue, earnings and profitability.

Strong revenue growth and earnings can attract investors, driving the stock price up. Profitability indicates the company's efficiency and sustainability, which impacts investor confidence. Poor performance in these areas can lead to a decrease in stock price.

Revenue History

Earnings History

Margins

Gross Margin TTM
46.95%
EBITDA Margin TTM
44.74%
Net Margin TTM
18.92%
Earnings Per Share TTM
1.49
Statements

Income & Cash Flow analysis.

An income statement shows what a company earned and spent over a period — revenue at the top, costs and expenses in between, and net income at the bottom. A cash flow statement tracks the actual cash moving in and out, across operations, investing, and financing. Read together, they show whether reported earnings are backed by real cash.

Kinder Morgan, Inc.
Select Period:
Q1 2026
Total ($)
Q1 2026
Margin (%)
Revenue
4.8b
+574.0m
+13.5%
Gross Income
2.4b
+826.0m
+53.6%
49%
+12.8pp
+35.3%
EBITDA
2.4b
+362.0m
+18.2%
49%
+1.9pp
+4.1%
Operating Income
1.4b
+201.0m
+16.2%
30%
+0.7pp
+2.4%
Net Income
976.0m
+259.0m
+36.1%
20%
+3.4pp
+19.9%
Earnings Per Share
0.44
+0.1
+37.5%
Operating Cash Flow
1.5b
+329.0m
+28.3%
31%
+3.6pp
+13.1%
Free Cash Flow
687.0m
+291.0m
+73.5%
14%
+4.9pp
+52.9%
Research & Development
n/a
n/a
n/a
n/a
n/a
n/a