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Business Segments · CapEx

Terminals — CapEx

Kinder Morgan Terminals — CapEx decreased by 25.5% to $70M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 7.9%, from $76M to $70M. Over 4 years (FY 2021 to FY 2025), Terminals — CapEx shows relatively stable performance with a -0.5% CAGR.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2021
Last reportedQ1 2026Apr 24, 2026

How to read this metric

High capital expenditures signal growth initiatives or necessary maintenance, while low levels may indicate a focus on cash preservation or a mature asset base.

Detailed definition

The cash outflows used by the terminals segment to acquire, upgrade, or maintain physical assets such as storage tanks a...

Peer comparison

Standard 'Segment Capital Expenditures' reported by peers in the midstream and logistics sectors.

Metric ID: kmi_segment_terminals_capital_expenditures

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$83M$83M$83M$138M$138M$138M$138M$101.5M$101.5M$101.5M$101.5M$106M$104M$80M$95M$76M$77M$79M$94M$70M
QoQ Change+0.0%+0.0%+66.3%+0.0%+0.0%+0.0%-26.4%+0.0%+0.0%+0.0%+4.4%-1.9%-23.1%+18.8%-20.0%+1.3%+2.6%+19.0%-25.5%
YoY Change+66.3%+66.3%+66.3%-26.4%-26.4%-26.4%-26.4%+4.4%+2.5%-21.2%-6.4%-28.3%-26.0%-1.3%-1.1%-7.9%
Range$70M$138M
CAGR-3.5%
Avg YoY Growth+0.5%
Median YoY Growth-7.1%

Frequently Asked Questions

What is Kinder Morgan's terminals — capex?
Kinder Morgan (KMI) reported terminals — capex of $70M in Q1 2026.
How has Kinder Morgan's terminals — capex changed year-over-year?
Kinder Morgan's terminals — capex decreased by 7.9% year-over-year, from $76M to $70M.
What is the long-term trend for Kinder Morgan's terminals — capex?
Over 4 years (2021 to 2025), Kinder Morgan's terminals — capex has grown at a -0.5% compound annual growth rate (CAGR), from $332M to $326M.
What does terminals — capex mean?
Cash spent on building or maintaining terminal infrastructure.