Goodwill
Kinder Morgan Goodwill remained flat by 0.0% to $20.08B in Q1 2026 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $20.08B to $20.08B. Over 5 years (FY 2020 to FY 2025), Goodwill shows relatively stable performance with a 0.2% CAGR.
Analysis
How to read this metric
A stable or growing balance is expected following acquisitions, while a sudden decrease indicates an impairment charge due to poor performance of acquired assets.
Detailed definition
This represents the premium paid over the fair market value of net identifiable assets during an acquisition. It reflect...
Peer comparison
Significant goodwill is common in industries with a history of consolidation, such as the midstream energy sector.
goodwillHistorical 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 | $19.85B | $20.03B | $19.91B | $19.91B | $19.91B | $19.97B | $19.97B | $19.97B | $19.97B | $19.97B | $20.12B | $20.09B | $20.08B | $20.08B | $20.08B | $20.08B | $20.08B | $20.08B | $20.08B | $20.08B |
| QoQ Change | — | +0.9% | -0.6% | +0.0% | +0.0% | +0.3% | +0.0% | +0.0% | +0.0% | +0.0% | +0.8% | -0.1% | -0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% |
| YoY Change | — | — | — | — | +0.3% | -0.3% | +0.3% | +0.3% | +0.3% | +0.0% | +0.8% | +0.6% | +0.6% | +0.6% | -0.2% | -0.0% | +0.0% | +0.0% | +0.0% | +0.0% |
Business Segments
| Segment | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 |
|---|---|---|---|---|
| Natural Gas Pipelines | $16.59B | $16.75B | $16.72B | $16.72B |
| Products Pipelines | $1.53B | $1.53B | $1.53B | $1.53B |
| CO2 | — | — | $1.03B | $1.03B |
| Terminals | — | — | $802M | $802M |
| Total | $19.97B | $20.12B | $20.08B | $20.08B |
Natural Gas Pipelines, Products Pipelines were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Goodwill at Other Companies
Frequently Asked Questions
- What is Kinder Morgan's goodwill?
- Kinder Morgan (KMI) reported goodwill of $20.08B in Q1 2026.
- How has Kinder Morgan's goodwill changed year-over-year?
- Kinder Morgan's goodwill decreased by 0.0% year-over-year, from $20.08B to $20.08B.
- What is the long-term trend for Kinder Morgan's goodwill?
- Over 5 years (2020 to 2025), Kinder Morgan's goodwill has grown at a 0.2% compound annual growth rate (CAGR), from $19.85B to $20.08B.
- What does goodwill mean?
- The excess value paid for an acquired company over the fair value of its net assets.