KMI · XBRL financial data
Kinder Morgan financial statements, every fiscal year
The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (KMI's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue | 11,700 | 16,610 | 19,200 | 15,334 | 15,100 | 16,937 |
| Revenue from contracts with customers | 10,097 | 16,154 | 18,128 | 13,647 | 13,483 | 15,202 |
| Cost of goods and services sold | 2,545 | 6,493 | 9,255 | — | — | — |
| General and administrative | 648 | 655 | 637 | 668 | 712 | 744 |
| Total operating expenses | — | 623 | 593 | 759 | 736 | 746 |
| Other operating income (expense) | 2 | 7 | 7 | (2) | 92 | 15 |
| Operating income (loss) | 1,560 | 2,916 | 4,065 | 4,263 | 4,384 | 4,724 |
| Other income (expense) | 56 | 282 | 55 | (37) | 27 | 173 |
| Income tax expense (benefit) | 481 | 369 | 710 | 715 | 687 | 832 |
| Net income (loss) | 119 | 1,784 | 2,548 | 2,391 | 2,613 | 3,056 |
| Earnings per share, basic USD per share | 0.05 | 0.78 | 1.12 | 1.06 | 1.17 | 1.37 |
| Earnings per share, diluted USD per share | 0.05 | 0.78 | 1.12 | 1.06 | 1.17 | 1.37 |
| Weighted average shares, basic millions of shares | 2,263 | 2,266 | 2,258 | 2,234 | 2,220 | 2,223 |
| Weighted average shares, diluted millions of shares | 2,263 | 2,266 | 2,258 | 2,234 | 2,220 | 2,223 |
Balance sheet
CSVFiscal years (KMI's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 1,184 | 1,140 | 745 | 83 | 88 | 63 |
| Marketable securities | 0 | — | — | — | — | — |
| Inventory | 348 | 562 | 634 | 525 | 555 | 574 |
| Total current assets | 3,203 | 3,829 | 3,803 | 2,542 | 2,521 | 2,754 |
| Property and equipment, net | 35,836 | 35,653 | 35,599 | 37,297 | 38,013 | 39,331 |
| Right-of-use asset | 303 | 315 | 287 | 285 | 253 | 216 |
| Goodwill | 19,851 | 19,914 | 19,965 | 20,121 | 20,084 | 20,084 |
| Total assets | 71,973 | 70,416 | 70,078 | 71,020 | 71,407 | 72,748 |
| Accounts payable | 837 | 1,259 | 1,444 | 1,366 | 1,395 | 1,408 |
| Total current liabilities | 5,074 | 5,821 | 6,930 | 7,221 | 5,101 | 4,322 |
| Long-term debt | 32,131 | 30,674 | 28,403 | 28,067 | 29,881 | 30,777 |
| Lease liability, non-current | 263 | 270 | 240 | 230 | 193 | 167 |
| Total liabilities | 39,407 | 38,495 | 37,964 | 39,291 | 39,540 | 40,299 |
| Accumulated deficit | (9,936) | (10,595) | (10,551) | (10,689) | (10,633) | (10,181) |
| Total stockholders' equity | 31,436 | 30,823 | 30,742 | 30,306 | 30,531 | 31,162 |
| Total liabilities and equity | 71,973 | 70,416 | 70,078 | 71,020 | 71,407 | 72,748 |
| Common shares outstanding (cover page) millions of shares | 2,264 | 2,267 | 2,248 | 2,219 | 2,222 | 2,225 |
Cash flows
CSVFiscal years (KMI's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | 119 | 1,784 | 2,548 | 2,391 | 2,613 | 3,056 |
| Depreciation and amortization | 2,164 | 2,135 | 2,186 | 2,250 | 2,354 | 2,453 |
| Net cash from operating activities | 4,550 | 5,708 | 4,967 | 6,491 | 5,635 | 5,917 |
| Purchases of property and equipment | 1,707 | 1,281 | 1,621 | 2,317 | 2,629 | 3,026 |
| Net cash from investing activities | (911) | (2,305) | (2,175) | (4,175) | (2,629) | (3,179) |
| Share repurchases | 50 | 0 | 368 | 522 | 7 | 0 |
| Dividends paid | 2,362 | 2,443 | 2,504 | 2,529 | 2,557 | 2,604 |
| Net cash from financing activities | (2,638) | (3,465) | (3,145) | (3,014) | (2,887) | (2,843) |
| Net change in cash | 1,000 | (62) | (353) | (698) | 118 | (105) |
Compare with peers
SIC 4922 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 4922 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Quarter |
|---|---|---|---|---|---|
| Kinder Morgan | 918 | 4,185 | 1,590* | 2.2B | 10-QSep 30, 2026 |
| Energy Transfer | 1,020 | 34,334 | 4,271* | 3.4B | 10-QJun 30, 2026 |
| Cheniere Energy | 1,663 | 6,097 | 2,466* | 204.2M | 10-QSep 30, 2026 |
| Oneok | 186 | 12,455 | 1,379* | 630.5M | 10-QSep 30, 2026 |
| Williams Companies | not reported | 4,002 | not reported | 1.3B | 10-QSep 30, 2026 |
| Enterprise Products Partners | 232 | 17,948 | 2,185* | 2.2B | 10-QSep 30, 2026 |
| Targa Resources | 132 | 4,440 | 1,441* | 214.4M | 10-QJun 30, 2026 |
| Atmos Energy | 521 | 879 | 640* | 169.0M | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.
