Kinder Morgan KMI Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 273.6%-5.3pp | 278.9%+31.8pp | 247.2%+30.7pp | 216.5%-51.2pp | |
| Operating margin | 110.6%-3.4pp | 114%+11.9pp | 102%+25.6pp | 76.4%-5.3pp | |
| Net margin | 68.4%+2.3pp | 66.1%+6.7pp | 59.4%+12.5pp | 46.9%-0.5pp | |
| EBITDA margin | 170.3%-4.5pp | 174.8%+19.2pp | 155.6%+30.7pp | 124.9%-13.9pp | |
| Free cash flow margin | 69.2%-28.6pp | 97.8%+11.2pp | 86.6%+9.6pp | 77%-37.9pp | |
| Returns | |||||
| Return on equity | 36.2%+3.2pp | 33%+0.6pp | 32.5%+4.7pp | 27.7%+5.3pp | |
| Return on assets | 15.5%+1.1pp | 14.3%0.0pp | 14.3%+2.1pp | 12.2%+2.3pp | |
| Return on invested capital | 23.5%+0.5pp | 23%+0.3pp | 22.7%+4.1pp | 18.6%+3.1pp | |
| Efficiency | |||||
| Asset turnover | 0.9×0.0× | 0.9×-0.1× | 1×-0.1× | 1×+0.2× | |
| Inventory turnover | 37×+3.6× | 33.4×-9.2× | 42.6×-16.7× | 59.3×+8.2× | |
| Liquidity | |||||
| Current ratio | 2.4×+0.6× | 1.8×0.0× | 1.8×-0.4× | 2.2×-0.6× | |
| Quick ratio | 1.9×+0.5× | 1.4×0.0× | 1.4×-0.4× | 1.8×-0.7× | |
| Cash ratio | 0.1×0.0× | 0.1×-0.1× | 0.2×0.0× | 0.2×-0.6× | |
| Leverage | |||||
| Debt-to-equity | 4×+0.1× | 3.9×+0.2× | 3.7×0.0× | 3.8×-0.2× | |
| Debt-to-assets | 1.7×0.0× | 1.7×0.0× | 1.6×0.0× | 1.7×-0.1× | |
| Net debt / EBITDA | 18×+0.2× | 17.8×+0.4× | 17.4×-3.4× | 20.8×-2.2× | |
| Per Share | |||||
| Book value per share | $55.46+1.2% | $54.80+0.6% | $54.49+0.4% | $54.26-1.1% | |
| Valuation | |||||
| Market capitalization | $250.9B+28.9% | $194.72B+26.7% | $153.72B-3.4% | $159.19B+4.1% | |
| Enterprise value | $374.93B+19.7% | $313.3B+17.4% | $266.85B-2.2% | $272.88B+0.3% | |
| Price / earnings | 90.9×+13.7× | 77.2×+15.2× | 62×-25.7× | 87.7×+1.2× | |
| Price / sales | 15.5×+2.7× | 12.8×+3.6× | 9.2×+0.2× | 9×-1.3× | |
| Price / book | 8.1×+1.7× | 6.4×+1.4× | 5×-0.1× | 5.2×+0.3× | |
| EV / EBITDA | 54.4×+7.3× | 47.1×+5.9× | 41.1×-9.0× | 50.1×-2.5× | |
| EV / sales | 23.2×+2.6× | 20.6×+4.6× | 16×+0.6× | 15.4×-2.8× | |
| Free cash flow yield | 17.9%-13.9pp | 31.7%-5.7pp | 37.4%+3.0pp | 34.4%-10.7pp | |
| Earnings yield | 17.7%-3.4pp | 21.1%-4.8pp | 25.8%+4.1pp | 21.8%+3.2pp | |
| Dividend yield | 16.5%-4.9pp | 21.4%-4.9pp | 26.3%+1.2pp | 25%-0.3pp | |
| PEG ratio | 11.2×— | —— | —— | —— |
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.
