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Kinder Morgan KMI Natural Gas Pipelines — Taxes, other than income taxes

Other segment segments

CO2
$15M+25.0%
Terminals
$15M+7.1%
Products Pipelines
$10M-9.1%

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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:TaxesExcludingIncomeAndExciseTaxes.

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
Labor(88)(34)(71)(14)
Fuel and power(25)(21)(5)(33)
Field - non-labor(a)(258)(49)(141)(64)
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)

Item 1. Financial Statements (Unaudited)

FAQ

What is Kinder Morgan's natural gas pipelines — taxes, other than income taxes?
Kinder Morgan (KMI) reported natural gas pipelines — taxes, other than income taxes of $78M in Q2 2026.
How has Kinder Morgan's natural gas pipelines — taxes, other than income taxes changed year-over-year?
Kinder Morgan's natural gas pipelines — taxes, other than income taxes increased by 6.8% year-over-year, from $73M to $78M.
What is the long-term trend for Kinder Morgan's natural gas pipelines — taxes, other than income taxes?
Over 3 years (2022 to 2025), Kinder Morgan's natural gas pipelines — taxes, other than income taxes has grown at a 2.3% compound annual growth rate (CAGR), from $268M to $287M.
What does natural gas pipelines — taxes, other than income taxes mean?
This metric tracks taxes paid by the segment that are not based on income, such as property taxes, franchise taxes, and production taxes. These are fixed or volume-based costs that represent a significant portion of the operating expense burden for large-scale infrastructure. It is a key component of the total tax burden for the segment.

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