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Kinder Morgan KMI Natural Gas Sales — Revenues from customers

Other product segments

Service
$8.06B+6.7%
Oil And Gas Service
$2.36B
Total Services Revenue
$2.17B+7.8%
Firm Services
$1.46B+8.8%
Product Other Than Natural Gas
$786M-4.1%
Feebasedservices
$707M+5.8%
Other sales
$44M+15.8%

Similar metrics at other companies

CNP
CNPNatural Gas — Revenue from contracts with customers
$1.76B-6.3%
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ATOGas sales revenues — Revenues from contracts with customers
$1.75B-5.6%
CNP
CNPRetail gas sales — Revenue
$1.07B+11.2%
Permian Resources logo
PRNatural gas sales — Oil and gas sales
-$18.5M-123%
Ameren logo
AEENatural gas — Revenue
$515M+8.4%
CNP
CNPNatural Gas — Revenue from contracts
$1.76B-6.3%

Other financials

Income statement

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Revenue$4.8B+13.8%
Gross profit$3.1B+11.4%
Operating income$1.4B+26.1%
Net income$976.0M+36.1%
EPS (diluted)$0.44+37.5%

Balance sheet

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Cash & equivalents$72.0M-10.0%
Total debt$29.9B-0.3%
Total equity$31.3B+2.3%
Total assets$73.1B+1.0%

Cash flow

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Operating cash flow$1.5B+28.3%
CapEx$804.0M+5.0%
Free cash flow$687.0M+73.5%

Valuation

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Market cap$70.28B+17.7%
Enterprise value$100.08B+11.9%
P/E21.2×-1.9×
P/S+0.2×

Profitability

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Gross margin66.9%-2.7pp
Operating margin28.7%+0.9pp
Net margin18.9%+2.2pp

Returns & leverage

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Return on equity10.7%+2.2pp
Debt / equity0.0×
Current ratio0.5×+0.1×

Where this comes from

Reported directly by Kinder Morgan in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Kinder Morgan’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Kinder Morgan's natural gas sales — revenues from customers?
Kinder Morgan (KMI) reported natural gas sales — revenues from customers of $1.45B in Q1 2026.
How has Kinder Morgan's natural gas sales — revenues from customers changed year-over-year?
Kinder Morgan's natural gas sales — revenues from customers increased by 46.3% year-over-year, from $994M to $1.45B.
What is the long-term trend for Kinder Morgan's natural gas sales — revenues from customers?
Over 4 years (2021 to 2025), Kinder Morgan's natural gas sales — revenues from customers has grown at a -11.6% compound annual growth rate (CAGR), from $6.48B to $3.95B.
What does natural gas sales — revenues from customers mean?
Total revenue earned from selling natural gas directly to customers.
How do you interpret natural gas sales — revenues from customers?
An increase suggests higher commodity prices or increased sales volume, while a decrease may indicate lower market pricing or reduced demand for natural gas supply.
How does natural gas sales — revenues from customers compare across companies?
Comparable to merchant marketing or commodity sales segments in other midstream or integrated energy companies, though often more volatile than fee-based pipeline service revenues.