What is Kinder Morgan's capex?

Kinder Morgan (KMI) reported capex of $804M in Q1 2026.

How has Kinder Morgan's capex changed year-over-year?

Kinder Morgan's capex increased by 5.0% year-over-year, from $766M to $804M.

What is the long-term trend for Kinder Morgan's capex?

Over 4 years (2021 to 2025), Kinder Morgan's capex has grown at a 24.0% compound annual growth rate (CAGR), from $1.28B to $3.03B.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Kinder Morgan KMI CapEx

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$204M+108%

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$954M+39.9%

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$2.44B+41.6%

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$864M+37.4%

Enterprise Products PartnersEPD

$983M-7.4%

Energy TransferET

$1.92B+56.5%

Other financials

Income statement

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Revenue$4.8B+13.8%

Gross profit$3.1B+11.4%

Operating income$1.4B+26.1%

Net income$976.0M+36.1%

EPS (diluted)$0.44+37.5%

Balance sheet

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Cash & equivalents$72.0M-10.0%

Total debt$29.9B-0.3%

Total equity$31.3B+2.3%

Total assets$73.1B+1.0%

Cash flow

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Operating cash flow$1.5B+28.3%

Free cash flow$687.0M+73.5%

Valuation

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Market cap$73.44B+18.0%

Enterprise value$103.24B+12.0%

P/E22.2×-1.9×

P/S4.2×+0.2×

Profitability

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Gross margin66.9%-2.7pp

Operating margin28.7%+0.9pp

Net margin18.9%+2.2pp

FCF margin18.2%-0.1pp

Returns & leverage

See full

Return on equity10.7%+2.2pp

Debt / equity1×0.0×

Current ratio0.5×+0.1×

Where this comes from

Reported directly by Kinder Morgan in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Kinder Morgan’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Kinder Morgan's capex?: Kinder Morgan (KMI) reported capex of $804M in Q1 2026.
How has Kinder Morgan's capex changed year-over-year?: Kinder Morgan's capex increased by 5.0% year-over-year, from $766M to $804M.
What is the long-term trend for Kinder Morgan's capex?: Over 4 years (2021 to 2025), Kinder Morgan's capex has grown at a 24.0% compound annual growth rate (CAGR), from $1.28B to $3.03B.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.