profit from every $100 of sales.
$0$100
Kinder Morgan
$31.19+2.03% today
+15.3% in 1 year
1-year low $26.331-year high $34.43
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
0%20% a year
You pay $22.74 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Kinder Morgan sold, what it kept, and what it did with the cash.
Sales went from $19.2 billion in 2022 to $16.9 billion in 2025, with $3.06 billion of profit last year.
SalesProfit
Kinder Morgan handed back 90% of the cash it generated last year.
$2.6B
Free cash flow 2025$2.9B
Bought back its own shares$0
Paid as dividends$2.6B
Cash vs. debt$63M vs. $31.8B
Kinder Morgan vs. similar companies
Kinder Morgan grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Kinder Morgan | 22.7× · Fair price | ||
 Enbridge | 20.2× · Fair price | ||
 The Williams Companies | 32.2× · Expensive | ||
 Enterprise Products Partners L.P. | 13.8× · Cheap | ||
 Energy Transfer LP | 15.1× · Fair price |
Compare Kinder Morgan with Chevron · EOG Resources · Enterprise Products Partners L.P. · The Williams Companies · Exxon Mobil
AI analysis
An AI analyst reads Kinder Morgan's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 11,700 | 16,610 | 19,200 | 15,334 | 15,100 | 16,937 | |
| – | – | 7,759 | 8,146 | 8,409 | 8,955 | |
| 1,560 | 2,916 | 4,065 | 4,263 | 4,384 | 4,724 | |
| 3,724 | 5,051 | 6,251 | 6,513 | 6,738 | 7,177 | |
| 119 | 1,784 | 2,548 | 2,391 | 2,613 | 3,056 | |
| 0.05 | 0.78 | 1.12 | 1.06 | 1.17 | 1.37 | |
| – | – | 40.4% | 53.1% | 55.7% | 52.9% | |
| 13.3% | 17.6% | 21.2% | 27.8% | 29.0% | 27.9% | |
| 1.0% | 10.7% | 13.3% | 15.6% | 17.3% | 18.0% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 71,973 | 70,416 | 70,078 | 71,020 | 71,407 | 72,748 |
| Cash | 1,184 | 1,140 | 745 | 83 | 88 | 63 |
| Total debt | 34,689 | 33,320 | 31,568 | 31,895 | 31,669 | 31,782 |
| Total liabilities | 39,407 | 38,495 | 37,964 | 39,291 | 39,540 | 40,299 |
| 31,436 | 30,823 | 30,742 | 30,306 | 30,531 | 31,162 | |
| 2,263 | 2,266 | 2,258 | 2,234 | 2,220 | 2,223 | |
| 1.9% | 3.6% | 5.2% | 5.4% | 5.6% | 5.9% | |
| 0.4% | 5.8% | 8.3% | 7.9% | 8.6% | 9.8% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 4,550 | 5,708 | 4,967 | 6,491 | 5,635 | 5,917 | |
| 1,707 | 1,281 | 1,621 | 2,317 | 2,629 | 3,026 | |
| 2,843 | 4,427 | 3,346 | 4,174 | 3,006 | 2,891 | |
| Dividends paid | 2,362 | 2,443 | 2,504 | 2,529 | 2,557 | 2,604 |
| 50 | 0 | 368 | 522 | 7 | 0 | |
| – | – | – | – | – | – |
Valuation
- 22.7×
- 21.8×
- 0.24
- 2.3×
- 4.1×
- 24.0×
- 14.1×
- 4.2%
- 4.4%
- 3.8%
Profitability
- 52.9%
- 27.9%
- 18.0%
- 43.2%
- 6.1%
- 5.7%
- 10.7%
- 4.5%
- 7.4%
- –
Growth
- +7.7%
- +93.9%
- +7.2%
- +2.3%
- −0.5%
Financial health
- 4.4×
- 1.02
- 43.9%
- 2.8×
- 0.64
- 0.41
- 0.24
How it ranks in Energy
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 39%of 464
Top 24%of 463
Bottom 33%of 384
Top 34%of 457
Bottom 43%of 456
What analysts expect
- Average price target
- $35.00
- Range
- $32.00 – $38.00
- 1 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 22, 2026 | 0.48 | 0.40 | +21.2% |
| Jan 21, 2026 | 0.39 | 0.36 | +6.9% |
| Oct 22, 2025 | 0.29 | 0.29 | −1.0% |
| Jul 16, 2025 | 0.28 | 0.28 | +0.1% |
| Apr 16, 2025 | 0.34 | 0.36 | −4.3% |
| Jan 22, 2025 | 0.32 | 0.34 | −4.6% |
| Oct 16, 2024 | 0.25 | 0.27 | −7.4% |
| Jul 17, 2024 | 0.25 | 0.26 | −3.8% |
3.8%of the share price, paid each year
On $1,000 invested$38a year at today's yield, before tax
+2.3%2020 to 2025
Raised8 yearsin a row, in our data
Paid per share, each year
$1.93 in 2015 → $1.17 in 2025
How safe it looks
85.2% of its profit
Room to growStretchedMore than it earns: 90.1%
News
Kinder Morgan Q3 earnings preview: EPS growth of 13.8%, revenue expected to rise 5.7%Seeking Alpha · Oct 21, 2026SpaceX Wants a 32-Mile Pipeline Tied Into Energy Transfer's and Kinder Morgan's Florida System. Does It Matter for Either Pipeline Stock?Yahoo Finance · Oct 19, 20262 Reasons to Like KMI and 1 to Stay SkepticalYahoo Finance · Oct 14, 2026Kinder Morgan restores natural gas flows to Mexico after pipeline outageSeeking Alpha · Oct 8, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
2/7Passes 2 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
49No pass
Benjamin Graham
50No pass
Philip Fisher
73Pass
Peter Lynch
87Pass
Joel Greenblatt
23No pass
Charlie Munger
46No pass
Terry Smith
45No pass
Questions about Kinder Morgan
Is Kinder Morgan a good stock to buy?
A business with weak numbers at a fair price. 2 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Kinder Morgan AI analysis
What does Kinder Morgan do?
Kinder Morgan, Inc. operates as an energy infrastructure company primarily in North America. It operates through Natural Gas Pipelines, Products Pipelines, Terminals, and CO2 segments. It is in Oil & Gas Midstream, based in Houston, TX, United States, with 11,028 employees.
Does Kinder Morgan pay a dividend?
Yes. At today's price the dividend is 3.8% a year, about 85% of its yearly profit. In 2025 it paid out $2.60 billion in dividends.
Is Kinder Morgan stock halal?
No. Kinder Morgan does not pass our halal screen: its debt is 46% of its market value, at or above the 33% limit. How we check
How has Kinder Morgan stock done over the past year?
Up 15.3% over the past twelve months, to $31.19. It traded between $26.33 and $34.43 and is 9.4% below its high.
Who are Kinder Morgan's competitors?
The largest listed companies in the same industry are Enbridge, The Williams Companies, Enterprise Products Partners L.P. and Energy Transfer LP. The peers table on this page compares their profit, growth and price with Kinder Morgan's.
Prices: daily closes to Nov 10, 2026. Fundamentals: company reports via invest-like data.