Skip to content

Kinder Morgan KMI Business Segments

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Costs of sales (exclusive of items shown separately below) by Business
CO2$95M+1.1%$94M+3.3%$91M+1.1%$90M+2.3%$88M+7.3%
Natural Gas Pipelines$4.59B+6.7%$4.3B+7.7%$3.99B+11.6%$3.57B+9.9%$3.25B+14.6%
Products Pipelines$1.1B-1.1%$1.11B-8.3%$1.21B-3.5%$1.26B-6.1%$1.34B-4.0%
Terminals$51M+2.0%$50M0.0%$50M+2.0%$49M+4.3%$47M+11.9%
Revenues from customers by Product
Feebasedservices$2.76B+1.4%$2.72B+2.1%$2.66B+1.0%$2.64B+0.3%$2.63B+1.1%
Firm Services$5.46B+2.2%$5.34B+2.1%$5.23B+1.7%$5.15B+2.2%$5.04B+1.6%
Natural Gas Sales$4.41B+11.6%$3.95B+12.4%$3.51B+12.6%$3.12B+15.3%$2.71B+15.6%
Other sales$135M+4.7%$129M+4.9%$123M-3.1%$127M+1.6%$125M+21.4%
Product Other Than Natural Gas$3.03B-1.1%$3.06B-5.2%$3.23B-2.0%$3.3B-4.2%$3.44B-1.3%

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Questions, answered.

How does Kinder Morgan break its business down?
Kinder Morgan (KMI) reports costs of sales (exclusive of items shown separately below) by business across 4 parts — CO2, Natural Gas Pipelines, Products Pipelines and Terminals. Each is extracted from the segment footnotes and tracked over time.
Where does Kinder Morgan's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Kinder Morgan's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.