(KMI) Kinder Morgan - Overview
Sector: Energy | Industry: Oil & Gas Midstream | Exchange: NYSE (USA) | Market Cap: 74.309m USD | Total Return: 25% in 12m
Natural Gas, Pipelines, Energy Storage, Carbon Dioxide, Terminals
Total Rating 53
Safety 55
Buy Signal -0.09
Oil & Gas Midstream
Industry Rotation: +25.3
Industry Rotation: +25.3
Market Cap:
74.3B
Avg Turnover: 341M
Avg Turnover: 341M
Risk 3d forecast
Volatility22.0%
VaR 5th Pctl3.74%
VaR vs Median3.44%
Reward TTM
Sharpe Ratio1.01
Rel. Str. IBD68.6
Rel. Str. Peer Group29
Character TTM
Beta0.299
Beta Downside0.240
Hurst Exponent0.520
Drawdowns 3y
Max DD18.40%
CAGR/Max DD1.83
CAGR/Mean DD6.78
EPS (Earnings per Share)
EPS CAGR: 15.46%
EPS Trend: 55.8%
EPS Trend: 55.8%
Last SUE: 2.57
Qual. Beats: 2
Qual. Beats: 2
Revenue
Rev. CAGR: -2.72%
Rev. Trend: -14.4%
Rev. Trend: -14.4%
Last SUE: 0.80
Qual. Beats: 0
Qual. Beats: 0
Warnings
Altman Z'' -0.45 < 1.0 - financial distress zone
Tailwinds
No distinct edge detected
Description: KMI Kinder Morgan
Kinder Morgan, Inc. (KMI) is a major North American energy infrastructure company headquartered in Houston, Texas. The firm operates through four primary segments: Natural Gas Pipelines, Products Pipelines, Terminals, and CO2. Its extensive network includes interstate and intrastate pipelines, storage facilities, and processing plants for natural gas, crude oil, and refined petroleum products.
The company utilizes a midstream business model, which typically generates revenue through fee-based contracts for the transport and storage of energy commodities. This structural approach aims to reduce direct exposure to commodity price volatility by focusing on throughput volume. The CO2 segment is distinct, focusing on enhanced oil recovery and the production of renewable natural gas (RNG) and liquefied natural gas (LNG).
The midstream sector is characterized by high barriers to entry due to the significant capital expenditure required for pipeline construction and regulatory compliance. Investors may find it useful to examine the companys long-term contract structures on ValueRay. Founded in 1997, Kinder Morgan maintains a critical role in the distribution of gasoline, diesel, and renewable feedstocks across the United States.
- Natural gas demand growth for power generation and LNG exports
- Capital expenditure efficiency impacts distributable cash flow and dividend growth
- Permitting hurdles and regulatory shifts delay major pipeline infrastructure projects
- Commodity price volatility affects CO2 segment oil production and marketing margins
- Expansion of renewable natural gas and energy transition assets diversifies revenue streams
Piotroski VR‑10 (Strict)
4.0
| Net Income: 3.31b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA 1.43 > 1.0 |
| NWC/Revenue: -14.12% < 20% (prev -20.65%; Δ 6.52% < -1%) |
| CFO/TA 0.09 > 3% & CFO 6.31b > Net Income 3.31b |
| Net Debt (31.98b) to EBITDA (7.57b): 4.23 < 3 |
| Current Ratio: 0.52 > 1.5 & < 3 |
| Outstanding Shares: last quarter (2.23b) vs 12m ago 0.14% < -2% |
| Gross Margin: 46.95% > 18% (prev 0.36%; Δ 4.66k% > 0.5%) |
| Asset Turnover: 24.11% > 50% (prev 21.42%; Δ 2.68% > 0%) |
| Interest Coverage Ratio: 2.86 > 6 (EBITDA TTM 7.57b / Interest Expense TTM 1.78b) |
Altman Z''
-0.45
| A: -0.03 (Total Current Assets 2.71b - Total Current Liabilities 5.18b) / Total Assets 73.07b |
| B: -0.13 (Retained Earnings -9.86b / Total Assets 73.07b) |
| C: 0.07 (EBIT TTM 5.09b / Avg Total Assets 72.69b) |
| D: -0.25 (Book Value of Equity -9.97b / Total Liabilities 40.49b) |
| Altman-Z'' Score: -0.45 = B |
Beneish M
-3.24
| DSRI: 0.95 (Receivables 1.58b/1.48b, Revenue 17.52b/15.49b) |
| GMI: 0.77 (GM 46.95% / 36.08%) |
| AQI: 0.98 (AQ_t 0.42 / AQ_t-1 0.43) |
| SGI: 1.13 (Revenue 17.52b / 15.49b) |
| TATA: -0.04 (NI 3.31b - CFO 6.31b) / TA 73.07b) |
| Beneish M-Score: -3.24 (Cap -4..+1) = AA |
What is the price of KMI shares?
As of May 21, 2026, the stock is trading at USD 33.59 with a total of 8,473,542 shares traded.
Over the past week, the price has changed by +2.38%, over one month by +6.14%, over three months by +3.57% and over the past year by +25.02%.
Over the past week, the price has changed by +2.38%, over one month by +6.14%, over three months by +3.57% and over the past year by +25.02%.
Is KMI a buy, sell or hold?
Kinder Morgan has received a consensus analysts rating of 3.90.
Therefore, it is recommended to buy KMI.
- StrongBuy: 8
- Buy: 3
- Hold: 8
- Sell: 1
- StrongSell: 0
What are the forecasts/targets for the KMI price?
| Analysts Target Price | 35.3 | 5.2% |
Kinder Morgan (KMI) - Fundamental Data Overview
as of 16 May 2026
P/E Trailing = 22.4161 P/E Forward = 22.9358
P/S = 4.2404
P/B = 2.2311
P/EG = 3.7462
Revenue TTM = 17.52b USD
EBIT TTM = 5.09b USD
EBITDA TTM = 7.57b USD
Long Term Debt = 29.76b USD (from longTermDebt, last quarter)
Short Term Debt = 2.19b USD (from shortTermDebt, last quarter)
Debt = 32.06b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 31.98b USD (from netDebt column, last quarter)
Enterprise Value = 106.29b USD (74.31b + Debt 32.06b - CCE 72.0m)
Interest Coverage Ratio = 2.86 (Ebit TTM 5.09b / Interest Expense TTM 1.78b)
EV/FCF = 27.32x (Enterprise Value 106.29b / FCF TTM 3.89b)
FCF Yield = 3.66% (FCF TTM 3.89b / Enterprise Value 106.29b)
FCF Margin = 22.20% (FCF TTM 3.89b / Revenue TTM 17.52b)
Net Margin = 18.92% (Net Income TTM 3.31b / Revenue TTM 17.52b)
Gross Margin = 46.95% ((Revenue TTM 17.52b - Cost of Revenue TTM 9.30b) / Revenue TTM)
Gross Margin QoQ = 49.05% (prev 67.90%)
Tobins Q-Ratio = 1.45 (Enterprise Value 106.29b / Total Assets 73.07b)
Interest Expense / Debt = 1.34% (Interest Expense 430.0m / Debt 32.06b)
Taxrate = 22.28% (287.0m / 1.29b)
NOPAT = 3.96b (EBIT 5.09b * (1 - 22.28%))
Current Ratio = 0.52 (Total Current Assets 2.71b / Total Current Liabilities 5.18b)
Debt / Equity = 1.02 (Debt 32.06b / totalStockholderEquity, last quarter 31.32b)
Debt / EBITDA = 4.23 (Net Debt 31.98b / EBITDA 7.57b)
Debt / FCF = 8.22 (Net Debt 31.98b / FCF TTM 3.89b)
Total Stockholder Equity = 31.00b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.56% (Net Income 3.31b / Total Assets 73.07b)
RoE = 10.69% (Net Income TTM 3.31b / Total Stockholder Equity 31.00b)
RoCE = 8.38% (EBIT 5.09b / Capital Employed (Equity 31.00b + L.T.Debt 29.76b))
RoIC = 6.26% (NOPAT 3.96b / Invested Capital 63.19b)
WACC = 5.23% (E(74.31b)/V(106.37b) * Re(7.04%) + D(32.06b)/V(106.37b) * Rd(1.34%) * (1-Tc(0.22)))
Discount Rate = 7.04% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares (quarterly) Correlation: 72.17 | Cagr: 0.08%
[DCF] Terminal Value 86.98% ; FCFF base≈3.46b ; Y1≈3.70b ; Y5≈4.49b
[DCF] Fair Price = 45.19 (EV 132.53b - Net Debt 31.98b = Equity 100.55b / Shares 2.22b; r=6.0% [WACC]; 5y FCF grow 7.77% → 3.0% )
EPS Correlation: 55.80 | EPS CAGR: 15.46% | SUE: 2.57 | # QB: 2
Revenue Correlation: -14.45 | Revenue CAGR: -2.72% | SUE: 0.80 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.32 | Chg30d=+8.52% | Revisions=+14% | Analysts=8
EPS next Quarter (2026-09-30): EPS=0.31 | Chg30d=-3.43% | Revisions=-43% | Analysts=7
EPS current Year (2026-12-31): EPS=1.46 | Chg30d=+5.62% | Revisions=+64% | GrowthEPS=+12.4% | GrowthRev=+5.2%
EPS next Year (2027-12-31): EPS=1.52 | Chg30d=+3.73% | Revisions=+69% | GrowthEPS=+4.1% | GrowthRev=+2.0%
[Analyst] Revisions Ratio: +69%