Income StatementBalance SheetCash FlowSegments
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Kinder Morgan Income Statement

Revenue, expenses, and profitability over time

Kinder Morgan generated $17.5B in trailing twelve-month revenue, up 0.1% year-over-year. Net income was $3.3B with a 18.92% net margin. Gross margin stands at 66.89% and operating margin at 28.66%. Diluted EPS is $1.49, which grew 0.3% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$17.5BGross Profit (TTM)$11.7BOperating Income (TTM)$5.0BNet Income (TTM)$3.3BEps Diluted (TTM)$1.49
Latest FilingQ1 2026
Report Date2026-04-24
Market Cap$75.2B
P/E Ratio22.68
ROE10.71%

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Derivative Gain (Loss) Excluded from Effectiveness-$442.0M-$451.0M-$452.0M-$456.0M-$442.0M-$430.0M
Interest Income (Expense), Non-operating-$442.0M-$451.0M-$452.0M-$456.0M-$442.0M-$430.0M
Cash Paid for Interest$274.0M$657.0M$269.0M$612.0M$273.0M$623.0M
Income from equity method investments$215.0M$220.0M$206.0M$221.0M$249.0M$254.0M
Equity Method Investment Dividends$223.0M$185.0M$212.0M$188.0M$220.0M$150.0M
Other Charges$10.0M$15.0M$13.0M$11.0M$134.0M$20.0M
Change in Accounts Payable—-$57.0M——$126.0M-$172.0M
Distributions of earnings from equity method investees$223.0M$185.0M$212.0M$188.0M$220.0M$150.0M
Interest Income (Expense), Nonoperating-$442.0M-$451.0M-$452.0M-$456.0M-$442.0M-$430.0M
Other income (expense), net-$217.0M-$216.0M-$233.0M-$224.0M-$59.0M-$156.0M
Non-operating Interest Income (Expense)-$442.0M-$451.0M-$452.0M-$456.0M-$442.0M-$430.0M

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Operating Expense, Net$5.0M$0.0$9.0M$1.0M$5.0M$7.0M
Shipping and Handling Costs$761.0M$711.0M$773.0M$786.0M$787.0M$711.0M
Depreciation and amortization$596.0M$610.0M$616.0M$609.0M$618.0M$633.0M
General and administrative$182.0M$187.0M$188.0M$183.0M$186.0M$184.0M
Other operating income (expense), net$5.0M$0.0$9.0M$1.0M$5.0M$7.0M
Taxes other than income taxes$106.0M$112.0M$111.0M$111.0M$111.0M$114.0M
Total operating expenses$2.9B$3.1B$2.9B$3.1B$3.1B$3.4B

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Operating Income$5.0M$0.0$9.0M$1.0M$5.0M$7.0M
Other operating income (expense), net$5.0M$0.0$9.0M$1.0M$5.0M$7.0M
Gross profit$2.7B$2.8B$2.8B$2.8B$3.1B$3.1B
Operating income$1.1B$1.1B$1.2B$1.1B$1.4B$1.4B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Capital Expenditures$772.0M$766.0M$647.0M$793.0M$820.0M$804.0M
Change in Accounts Receivable—-$45.0M-$22.0M-$8.0M$267.0M-$131.0M
Change in Other Current Assets$44.0M-$24.0M——$22.0M$56.0M
Income Taxes Paid, Net$7.0M$3.0M$35.0M$5.0M$4.0M-$3.0M
Interest Paid, Net$274.0M$657.0M$269.0M$612.0M$273.0M$623.0M
Capital investments accrued but not yet paid$39.0M————$133.0M
Deferred taxes$193.0M$167.0M$160.0M$185.0M$268.0M$281.0M
Distributions of earnings from equity method investees$223.0M$185.0M$212.0M$188.0M$220.0M$150.0M
Income Taxes Paid, Net$7.0M$3.0M$35.0M$5.0M$4.0M-$3.0M
Accounts payable—-$57.0M——$126.0M-$172.0M
Increase (Decrease) in Accounts Receivable—-$45.0M-$22.0M-$8.0M$267.0M-$131.0M
Increase Decrease In Interest Payable Net$181.0M-$206.0M—-$163.0M—-$192.0M
Increase (Decrease) in Inventories$14.0M$22.0M—$3.0M$16.0M$19.0M
Increase (Decrease) in Other Current Assets$44.0M-$24.0M——$22.0M$56.0M
Interest Paid, Excluding Capitalized Interest, Operating Activity$274.0M$657.0M$269.0M$612.0M$273.0M$623.0M
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation-$657.0M$333.0M-$1.1B-$815.0M-$1.2B-$617.0M
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation-$771.0M-$1.4B-$625.0M-$663.0M-$477.0M-$803.0M
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation$1.5B$1.2B$1.6B$1.4B$1.7B$1.5B
Other income, net (Note 6)$10.0M$15.0M$13.0M$11.0M$134.0M$20.0M
All other operating activities—-$95.0M-$8.0M—-$40.0M-$67.0M
Other income, net$5.0M$0.0$9.0M$1.0M$5.0M$7.0M
Payment for (Proceeds from) Other Investing Activity—$3.0M$0.0$13.0M$25.0M-$8.0M
Payments of Debt Issuance Costs$2.0M$3.0M$13.0M$2.0M$2.0M$3.0M
Payments to Acquire Businesses, Net of Cash Acquired—$648.0M———$0.0
Payments to Acquire Property, Plant, and Equipment$772.0M$766.0M$647.0M$793.0M$820.0M$804.0M
Proceeds from Equity Method Investment, Distribution, Return of Capital$60.0M$45.0M$47.0M$177.0M$61.0M$46.0M
Issuance of debt$1.6B$2.9B$3.6B$1.9B$1.6B$1.9B
Financing — other—-$10.0M-$2.0M-$26.0M—$7.0M
Repayments of Debt$1.6B$1.8B$4.1B$2.0B$2.1B$1.9B
Taxes other than income taxes and other – net$106.0M$112.0M$111.0M$111.0M$111.0M$114.0M

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Cash Paid for Income Taxes$7.0M$3.0M$35.0M$5.0M$4.0M-$3.0M
Income Taxes Paid, Net$7.0M$3.0M$35.0M$5.0M$4.0M-$3.0M
Income tax expense$197.0M$186.0M$177.0M$185.0M$284.0M$287.0M
Income Taxes Paid, Net$7.0M$3.0M$35.0M$5.0M$4.0M-$3.0M
Income and Other Taxes—-$70.0M—$79.0M-$34.0M-$58.0M

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share$0.30$0.32$0.32$0.28$0.45$0.44
Diluted earnings per share$0.30$0.32$0.32$0.28$0.45$0.44
Weighted-average shares, basic—2.2B2.2B2.2B—2.2B
Weighted-average shares, diluted—2.2B2.2B2.2B—2.2B

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes$891.0M$929.0M$919.0M$839.0M$1.3B$1.3B

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income$667.0M$717.0M$715.0M$628.0M$996.0M$976.0M

Cost of Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total cost of revenue$1.2B$1.5B$1.2B$1.4B$1.4B$1.7B

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total revenue$4.0B$4.2B$4.0B$4.1B$4.5B$4.8B