Kinder Morgan KMI Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 66.9%-2.7pp | 67.4%-3.9pp | 67.6%-3.1pp | 69%+0.4pp | 69.6%+1.2pp | |
| Operating margin | 28.7%+0.9pp | 27.9%-1.1pp | 27.2%-1.7pp | 27.7%-0.3pp | 27.8%-0.3pp | |
| Net margin | 18.9%+2.2pp | 18%+0.7pp | 16.6%-0.2pp | 17.1%+1.1pp | 16.7%+0.6pp | |
| Returns | ||||||
| Return on equity | 10.7%+2.2pp | 9.9%+1.3pp | 8.9%+0.5pp | 8.9%+0.9pp | 8.5%+0.4pp | |
| Return on invested capital | 6.5%+0.8pp | 6.1%+0.2pp | 5.8%-0.1pp | 5.9%+0.2pp | 5.7%+0.2pp | |
| Efficiency | ||||||
| Asset turnover | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | |
| Liquidity | ||||||
| Current ratio | 0.5×+0.1× | 0.6×+0.1× | 0.6×+0.2× | 0.7×+0.3× | 0.4×-0.1× | |
| Leverage | ||||||
| Debt-to-equity | 1×0.0× | 1×0.0× | 1×0.0× | 1×+0.1× | 1×0.0× | |
| Net debt / EBITDA | 4×-0.5× | 4.3×-0.1× | 4.6×+0.1× | 4.7×+0.3× | 4.5×-0.1× | |
| Per Share | ||||||
| Book value per share | $14.08+2.2% | $14.02+1.9% | $13.82+1.0% | $13.85+1.3% | $13.77+0.7% | |
| Valuation | ||||||
| Market capitalization | $74.6B+17.7% | $61.16B+0.5% | $62.91B+28.3% | $63.44B+43.8% | $63.39B+55.7% | |
| Price / earnings | 22.5×-2.0× | 20×-3.3× | 23.1×+3.8× | 23.3×+5.3× | 24.5×+8.0× | |
| Price / sales | 4.3×+0.2× | 3.6×-0.4× | 3.8×+0.6× | 4×+1.1× | 4.1×+1.4× | |
| Price / book | 2.4×+0.3× | 2×0.0× | 2×+0.4× | 2.1×+0.6× | 2.1×+0.7× | |
| EV / EBITDA | 13.9×0.0× | 12.8×-0.7× | 13.7×+1.9× | 13.9×+2.9× | 14×+3.2× | |
| Dividend yield | 3.5%-0.5pp | 4.3%+0.1pp | 4.1%-1.1pp | 4.1%-1.7pp | 4.1%-2.2pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Kinder Morgan's profit margins?
- Kinder Morgan (KMI) runs a 66.9% gross margin and a 28.7% operating margin, with a 18.9% net margin.
- Where do Kinder Morgan's ratios come from?
- Every ratio is computed from Kinder Morgan's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
