Kinder Morgan, Inc. (KMI) Financials
Key financial figures for Kinder Morgan, Inc. (Q3 2026).
Kinder Morgan reported record third-quarter results: net income attributable to KMI of $764 million (+22%) and Adjusted EBITDA of $2.18 billion (+9%), with the expansion project backlog rising to $14.4 billion. Net income attributable to KMI was $764 million versus $628 million a year earlier; GAAP diluted EPS was $0.34 versus $0.28, and Adjusted EPS was $0.35 versus $0.29 (both +21%). Adjusted EBITDA was $2,180 million versus $1,991 million (+9%); Adjusted Net Income Attributable to KMI was $792 million (+22%). Expansion project backlog rose to $14.4 billion, up $4.7 billion from Q2 ($5.4 billion of additions net of $700 million placed in service); the $13.2 billion natural gas portion is the largest in company history, led by the new Southeast Connector and Permian Link projects. On the outlook: 2026 outlook (vs budget of net income attributable to KMI $3.1 billion, Adjusted EPS $1.36, Adjusted EBITDA $8.6 billion, declared dividends $1.19 per share, year-end Net Debt-to-Adjusted EBITDA 3.8x): KMI currently expects to be more than 6% favorable to budget on Adjusted EBITDA and more than 13% favorable on Adjusted EPS, and to end the year at 3.6x Net Debt-to-Adjusted EBITDA, 0.2x favorable to budget. Figures are for Q3 2026, as Kinder Morgan, Inc. reported them.
- Revenue
- $4.5B
- Net Income
- $764M
- EPS
- $0.34
- Total Assets
- $75.4B
- Operating Cash Flow
- $1.6B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $4.5B | $764M | $0.34 | 25.6% | $545M |
| Q2 FY2026 | $4.5B | $867M | $0.39 | 30.06% | $978M |
| Q1 FY2026 | $4.8B | $976M | $0.44 | 29.91% | $687M |
| Q4 FY2025 | $4.5B | $996M | $0.45 | 30.26% | $872M |
| Q3 FY2025 | $4.1B | $628M | $0.28 | 25.62% | $621M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $16.9B | $3.1B | $1.37 | 28.39% | $2.9B |
| FY2024 | $15.1B | $2.6B | $1.17 | 29.08% | $3.0B |
| FY2023 | $15.2B | $2.4B | $1.06 | 26.69% | $4.1B |
Frequently asked questions
What was Kinder Morgan, Inc.'s revenue last quarter?
Kinder Morgan, Inc. reported revenue of $4.53 billion for Q3 FY2026, up 9.3% from the same period a year earlier.
Is Kinder Morgan, Inc. profitable?
Yes. Kinder Morgan, Inc. reported net income of $764.0 million for Q3 FY2026, a net margin of 16.86% on revenue.
How has Kinder Morgan, Inc.'s margin trended?
Operating margin was 25.6% in Q3 FY2026. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Kinder Morgan, Inc. generate?
Kinder Morgan, Inc. generated free cash flow of $545.0 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Kinder Morgan, Inc. on SentiSense, with up to forty quarters and twenty fiscal years of history.