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Kinder Morgan KMI

US equityMarket cap rank #241Oil & Gas MidstreamNatural Gas
$31.30
−$0.08 (-0.24%)
Market open · Sep 24, 2:00 pm ET
After hours $31.37 0.00%
Open$31.51
Prev close$31.37
Day range$31.13 – $31.58
Volume3.63M
Market cap$69.69B
P/E (TTM)20.2
Dividend yield3.75%

Earnings

Average move on report day±1.9%last 16 reports
Closed higher7 of 1644% of the time
Best reaction+3.9%
Worst reaction-4.8%

Stock move on the day after each report

-0.8%2023/Q3-1.4%2023/Q4+2.5%2024/Q1+2.5%2024/Q2-0.4%2024/Q3-1.0%2024/Q4+0.6%2025/Q1-1.5%2025/Q2-4.8%2025/Q3+3.9%2025/Q4-0.3%2026/Q1+0.9%2026/Q2
QuarterReport dateTimingImplied moveActual moveVersus implied
2026/Q222 Jul 2026After Market±0.7%+0.86%Bigger than priced
2026/Q122 Apr 2026After Market±0.7%-0.25%Within range
2025/Q421 Jan 2026After Market±0.6%+3.88%Bigger than priced
2025/Q322 Oct 2025After Market±0.6%-4.75%Bigger than priced
2025/Q216 Jul 2025After Market±0.9%-1.50%Bigger than priced
2025/Q116 Apr 2025After Market±1.5%+0.56%Within range
2024/Q422 Jan 2025After Market±1.3%-0.97%Within range
2024/Q316 Oct 2024After Market±0.9%-0.44%Within range
2024/Q217 Jul 2024After Market±0.7%+2.53%Bigger than priced
2024/Q117 Apr 2024After Market±0.5%+2.53%Bigger than priced
2023/Q417 Jan 2024After Market±0.5%-1.42%Bigger than priced
2023/Q318 Oct 2023After Market±0.5%-0.76%Bigger than priced
2023/Q219 Jul 2023After Market±0.5%+2.02%Bigger than priced
2023/Q119 Apr 2023After Market±0.6%-1.42%Bigger than priced
2022/Q418 Jan 2023After Market±0.7%+2.12%Bigger than priced
2022/Q319 Oct 2022After Market±0.6%-4.84%Bigger than priced

"Implied move" is the size of move the options market was pricing ahead of the report. Move is the stock’s change on the first session after the release.

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Natural Gas Pipelines$2.67B 59.5%
  • Products Pipelines$902.00M 20.1%
  • Terminals$558.00M 12.4%
  • Carbon dioxide (CO2)$355.00M 7.9%

Latest reported quarter: Q2, ended Jun 2026

Revenue$4.48B+10.8% YoY
Operating profit$1.35B+16.8% YoY
Net profit$894.00M+20.5% YoY
Diluted EPS$0.39+21.9% YoY
Free cash flow$978.00M-2.4% YoY
Operating cash flow$1.96B

Revenue, last 8 quarters

$3.7BSep '24$4.0BDec '24$4.2BMar '25$4.0BJun '25$4.1BSep '25$4.5BDec '25$4.8BMar '26$4.5BJun '26

Net profit, last 8 quarters

$651.0MSep '24$694.0MDec '24$743.0MMar '25$742.0MJun '25$654.0MSep '25$1.0BDec '25$1.0BMar '26$894.0MJun '26

Profitability & balance sheet

Gross margin52.8%
Operating margin29.0%
Net margin19.2%
Return on equity11.1%
Return on assets4.7%
Return on invested capital5.4%
Current ratio0.46
Liabilities / assets55.6%
Cash & investments$89.00M
Total debt$32.14B
Net cash (debt)-$32.05B
Free cash flow / sales17.6%
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