Kinder Morgan KMI Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 270.8%-9.3pp | 273.6%-5.3pp | 277.5%+2.1pp | 280.6%+10.8pp | 280.2%+19.0pp | |
| Operating margin | 111.5%-2.3pp | 110.6%-3.4pp | 111.7%-1.0pp | 113.4%+2.6pp | 113.7%+6.1pp | |
| Net margin | 70.6%+4.0pp | 68.4%+2.3pp | 67.6%+3.3pp | 67.8%+4.7pp | 66.7%+4.8pp | |
| Returns | ||||||
| Return on equity | 38.4%+5.0pp | 36.2%+3.2pp | 34.9%+2.6pp | 34.4%+2.4pp | 33.5%+1.3pp | |
| Return on invested capital | 24.2%+1.1pp | 23.5%+0.5pp | 23.2%+0.5pp | 23.3%+0.7pp | 23.1%+0.5pp | |
| Efficiency | ||||||
| Asset turnover | 0.9×+0.1× | 0.9×0.0× | 0.9×0.0× | 0.9×0.0× | 0.9×0.0× | |
| Liquidity | ||||||
| Current ratio | 2.5×+0.7× | 2.4×+0.6× | 2.3×+0.6× | 2.1×+0.5× | 1.8×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 4×+0.1× | 4×+0.1× | 4×+0.2× | 4×+0.2× | 3.9×+0.1× | |
| Net debt / EBITDA | 17.5×-0.2× | 18×+0.2× | 18.1×+0.4× | 18.1×+0.5× | 17.7×+0.2× | |
| Per Share | ||||||
| Book value per share | $55.77+1.6% | $55.46+1.2% | $55.20+1.1% | $55.06+1.1% | $54.89+0.7% | |
| Valuation | ||||||
| Market capitalization | $262.1B+20.6% | $250.9B+28.9% | $250.61B+44.8% | $236.72B+47.1% | $217.39B+40.0% | |
| Price / earnings | 88.9×+3.7× | 90.9×+13.7× | 94.2×+23.9× | 90.4×+24.5× | 85.2×+21.9× | |
| Price / sales | 15.7×+1.4× | 15.5×+2.7× | 15.9×+4.6× | 15.3×+4.9× | 14.2×+4.4× | |
| Price / book | 8.5×+1.3× | 8.1×+1.7× | 8.2×+2.5× | 7.7×+2.4× | 7.1×+2.0× | |
| EV / EBITDA | 54.4×+4.1× | 54.4×+7.3× | 55.1×+11.1× | 53.2×+11.1× | 50.2×+8.9× | |
| Dividend yield | 16%-3.2pp | 16.5%-4.9pp | 16.4%-7.2pp | 17.5%-7.7pp | 19.2%-6.9pp |
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.
