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Kinder Morgan KMI Total costs & expenses

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Other financials

Income statement

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Revenue$4.5B+10.8%
Gross profit$3.1B+8.5%
Operating income$1.3B+16.8%
Net income$867.0M+21.3%
EPS (diluted)$0.39+21.9%

Balance sheet

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Cash & equivalents$89.0M+8.5%
Total debt$32.2B+1.2%
Total equity$31.6B+2.8%
Total assets$74.1B+2.3%

Cash flow

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Operating cash flow$2.0B+18.9%
CapEx$982.0M+51.8%
Free cash flow$978.0M-2.4%

Valuation

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Market cap$71.66B+14.0%
Enterprise value$103.82B+9.7%
P/E20.7×-2.4×
P/S+0.1×

Profitability

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Gross margin66.6%-2.4pp
Operating margin29%+1.4pp
Net margin19.3%+2.2pp
FCF margin17.6%+0.5pp

Returns & leverage

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Return on equity11.1%+2.2pp
Debt / equity0.0×
Current ratio0.5×-0.2×

Where this comes from

Reported directly by Kinder Morgan in its filing.

Tagged under the XBRL concept us-gaap:CostsAndExpenses.

The source filing: Kinder Morgan’s 10-Q, filed July 24, 2026.

Filed
Jul 24, 2026, 4:06 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001506307-26-000085
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
General and administrative192188376375
Taxes, other than income taxes120111234223
Other income, net(12)(9)(19)(9)
Total Operating Costs, Expenses, and Other3,1312,8906,5155,986
Operating Income1,3461,1522,7902,297
Other Income (Expense)
Earnings from equity investments225206479426
Interest, net(425)(452)(855)(903)

Item 1. Financial Statements (Unaudited)

FAQ

What is Kinder Morgan's total costs & expenses?
Kinder Morgan (KMI) reported total costs & expenses of $3.13B in Q2 2026.
How has Kinder Morgan's total costs & expenses changed year-over-year?
Kinder Morgan's total costs & expenses increased by 8.3% year-over-year, from $2.89B to $3.13B.
What is the long-term trend for Kinder Morgan's total costs & expenses?
Over 4 years (2021 to 2025), Kinder Morgan's total costs & expenses has grown at a -2.8% compound annual growth rate (CAGR), from $13.69B to $12.21B.
What does total costs & expenses mean?
This metric aggregates all operating and non-operating costs incurred by the business to generate revenue during a specific period. It includes direct costs of sales, depreciation, administrative overhead, and other operational outlays required to sustain the company's infrastructure network. Tracking this total provides a comprehensive view of the company's cost structure and its overall ability to manage expenses relative to its revenue generation.

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