What does natural gas pipelines — other intangibles, net mean?

This metric captures the net value of non-physical assets associated with the natural gas pipeline segment, such as customer contracts, permits, or intellectual property. These assets are essential for maintaining long-term service agreements and operational rights. It provides insight into the value of the segment's competitive advantages beyond physical steel.

Kinder Morgan (KMI) Natural Gas Pipelines — Other intangibles, net

Screener

Other segment segments

CO2

$391M-10.3%

Products Pipelines

$371M-32.8%

Terminals

$12M-14.3%

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QUADOther — Other intangible assets—net

$0—

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/S4×+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 / equity1×0.0×

Current ratio0.5×-0.2×

Where this comes from

Reported directly by Kinder Morgan in its filing.

Tagged under the XBRL concept us-gaap:IntangibleAssetsNetExcludingGoodwill.

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

Segment balance sheet information: / As of June 30, 2026	Reportable Segments / Natural Gas Pipelines	Reportable Segments / Products Pipelines	Reportable Segments / Terminals	Reportable Segments / CO2	Corporate and Eliminations	Total
Investments	$7,122	$388	$124	$71	—	$7,705
Other intangibles, net	1,098	371	12	391	—	1,872
Total assets(f)	54,029	8,043	7,840	3,511	639	74,062
As of December 31, 2025
Investments	$6,962	$381	$122	$67	—	$7,532
Other intangibles, net	900	403	13	414	—	1,730
Total assets(f)	52,546	8,044	7,917	3,608	633	72,748

Item 1. Financial Statements (Unaudited)

FAQ

What is Kinder Morgan's natural gas pipelines — other intangibles, net?: Kinder Morgan (KMI) reported natural gas pipelines — other intangibles, net of $1.1B in Q2 2026.
How has Kinder Morgan's natural gas pipelines — other intangibles, net changed year-over-year?: Kinder Morgan's natural gas pipelines — other intangibles, net increased by 34.6% year-over-year, from $816M to $1.1B.
What does natural gas pipelines — other intangibles, net mean?: This metric captures the net value of non-physical assets associated with the natural gas pipeline segment, such as customer contracts, permits, or intellectual property. These assets are essential for maintaining long-term service agreements and operational rights. It provides insight into the value of the segment's competitive advantages beyond physical steel.