Free cash flow
Kinder Morgan Free cash flow decreased by 21.2% to $687.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 73.5%, from $396.00M to $687.00M. Over 4 years (FY 2021 to FY 2025), Free cash flow shows a downward trend with a -10.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests strong operational efficiency and the ability to self-fund future innovation or return capital to shareholders, while a decrease may indicate heavy capital expenditure cycles or declining operational profitability.
Detailed definition
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and m...
Peer comparison
High-growth semiconductor and AI infrastructure peers typically prioritize reinvestment, so free cash flow margins are often compared against R&D intensity and capital expenditure requirements of industry rivals.
cf_free_cash_flowHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.16B | $780.00M | $881.00M | $677.00M | $1.19B | $550.00M | $927.00M | $826.00M | $1.02B | $639.00M | $1.69B | $570.00M | $1.11B | $592.00M | $738.00M | $396.00M | $1.00B | $621.00M | $872.00M | $687.00M |
| QoQ Change | — | -32.8% | +12.9% | -23.2% | +76.1% | -53.9% | +68.5% | -10.9% | +22.9% | -37.0% | +165.1% | -66.4% | +94.0% | -46.5% | +24.7% | -46.3% | +153.0% | -38.0% | +40.4% | -21.2% |
| YoY Change | — | — | — | — | +2.8% | -29.5% | +5.2% | +22.0% | -14.8% | +16.2% | +82.7% | -31.0% | +9.0% | -7.4% | -56.4% | -30.5% | -9.4% | +4.9% | +18.2% | +73.5% |
Free cash flow at Other Companies
Frequently Asked Questions
- What is Kinder Morgan's free cash flow?
- Kinder Morgan (KMI) reported free cash flow of $687.00M in Q1 2026.
- How has Kinder Morgan's free cash flow changed year-over-year?
- Kinder Morgan's free cash flow increased by 73.5% year-over-year, from $396.00M to $687.00M.
- What is the long-term trend for Kinder Morgan's free cash flow?
- Over 4 years (2021 to 2025), Kinder Morgan's free cash flow has grown at a -10.1% compound annual growth rate (CAGR), from $4.43B to $2.89B.
- What does free cash flow mean?
- The cash a company has left over after paying for its operating expenses and capital investments.