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Kinder Morgan KMI CO2 — Net Income

Other segment segments

Natural Gas Pipelines
$1.52B+5.8%
Products Pipelines
$343M+18.7%
Terminals
$310M+3.3%

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Other financials

Income statement

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Revenue$4.5B+10.8%
Gross profit$3.1B+8.5%
Operating income$1.3B+16.8%
Net income$867.0M+21.3%
EPS (diluted)$0.39+21.9%

Balance sheet

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Cash & equivalents$89.0M+8.5%
Total debt$32.2B+1.2%
Total equity$31.6B+2.8%
Total assets$74.1B+2.3%

Cash flow

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Operating cash flow$2.0B+18.9%
CapEx$982.0M+51.8%
Free cash flow$978.0M-2.4%

Valuation

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Market cap$71.66B+14.0%
Enterprise value$103.82B+9.7%
P/E20.7×-2.4×
P/S+0.1×

Profitability

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Gross margin66.6%-2.4pp
Operating margin29%+1.4pp
Net margin19.3%+2.2pp
FCF margin17.6%+0.5pp

Returns & leverage

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Return on equity11.1%+2.2pp
Debt / equity0.0×
Current ratio0.5×-0.2×

Where this comes from

Reported directly by Kinder Morgan in its filing.

Tagged under the XBRL concept us-gaap:ProfitLoss.

The source filing: Kinder Morgan’s 10-Q, filed July 24, 2026.

Filed
Jul 24, 2026, 4:06 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001506307-26-000085
Line itemReportable Segments / Natural Gas PipelinesReportable Segments / Products PipelinesReportable Segments / TerminalsReportable Segments / CO2Corporate and EliminationsTotal
Taxes, other than income taxes(78)(10)(15)(15)
Earnings (loss) from equity investments19318410
Other segment items(b)11111
Total Segment EBDA(c)$1,520$343$310$2262,399
DD&A(620)
General and administrative and corporate charges(188)
Interest, net(d)(425)
Income tax expense(272)

Item 1. Financial Statements (Unaudited)

FAQ

What is Kinder Morgan's CO2 — net income?
Kinder Morgan (KMI) reported CO2 — net income of $226M in Q2 2026.
How has Kinder Morgan's CO2 — net income changed year-over-year?
Kinder Morgan's CO2 — net income increased by 50.7% year-over-year, from $150M to $226M.
What is the long-term trend for Kinder Morgan's CO2 — net income?
Over 3 years (2021 to 2025), Kinder Morgan's CO2 — net income has grown at a -7.0% compound annual growth rate (CAGR), from $760M to $612M.
What does CO2 — net income mean?
The total profit generated by the CO2 segment after accounting for all operating expenses, taxes, and interest allocations. It serves as the primary measure of the segment's bottom-line contribution to the overall corporate financial performance.

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