(KMI) Kinder Morgan - Ratings and Ratios
Pipelines, Terminals, Storage, CO2
Dividends
| Dividend Yield | 4.34% |
| Yield on Cost 5y | 10.44% |
| Yield CAGR 5y | 2.48% |
| Payout Consistency | 88.7% |
| Payout Ratio | 94.7% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 19.3% |
| Value at Risk 5%th | 29.9% |
| Relative Tail Risk | -5.92% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.07 |
| Alpha | -10.83 |
| CAGR/Max DD | 1.13 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.373 |
| Beta | 0.590 |
| Beta Downside | 0.984 |
| Drawdowns 3y | |
|---|---|
| Max DD | 18.40% |
| Mean DD | 5.50% |
| Median DD | 4.95% |
Description: KMI Kinder Morgan December 03, 2025
Kinder Morgan Inc. (KMI) is a North-American energy-infrastructure operator organized into four segments: Natural Gas Pipelines (interstate/intrastate pipelines, storage, gathering, processing, LNG facilities), Products Pipelines (refined-product, crude-oil, condensate pipelines and terminals), Terminals (bulk storage of gasoline, diesel, renewable fuels, chemicals, ethanol, metals, petroleum coke, plus tanker operations), and CO₂ (carbon-capture transport, enhanced-oil-recovery, RNG/LNG assets, and a West Texas crude-oil pipeline). The firm, founded in 1997 and headquartered in Houston, rebranded from Kinder Morgan Holdco LLC to its current name in February 2011.
Key operating metrics from FY 2023 show adjusted EBITDA of roughly $9.7 billion and free-cash-flow conversion near 70 %, supporting a dividend yield of about 5.8 % and a payout ratio under 80 %. Utilization across its natural-gas pipeline network averaged 85 %, while the CO₂ segment benefited from the Inflation Reduction Act’s carbon-capture tax credit, a growing economic driver for its EOR-linked CO₂ business. Sector-wide, demand for midstream capacity is being propelled by higher natural-gas prices, expanding LNG export projects, and increased regulatory focus on emissions-reduction infrastructure.
For a deeper, data-driven look at KMI’s valuation and risk profile, the ValueRay platform provides a concise, analytics-focused overview.
Piotroski VR‑10 (Strict, 0-10) 2.0
| Net Income (2.73b TTM) > 0 and > 6% of Revenue (6% = 984.5m TTM) |
| FCFTA 0.04 (>2.0%) and ΔFCFTA -1.78pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -8.65% (prev -16.94%; Δ 8.29pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.08 (>3.0%) and CFO 5.74b > Net Income 2.73b (YES >=105%, WARN >=100%) |
| Net Debt (32.51b) to EBITDA (7.81b) ratio: 4.16 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.63 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (2.22b) change vs 12m ago 0.14% (target <= -2.0% for YES) |
| Gross Margin 35.18% (prev 36.09%; Δ -0.90pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 22.92% (prev 21.27%; Δ 1.65pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 2.99 (EBITDA TTM 7.81b / Interest Expense TTM 1.80b) >= 6 (WARN >= 3) |
Altman Z'' -0.37
| (A) -0.02 = (Total Current Assets 2.43b - Total Current Liabilities 3.85b) / Total Assets 72.32b |
| (B) -0.15 = Retained Earnings (Balance) -10.52b / Total Assets 72.32b |
| (C) 0.08 = EBIT TTM 5.38b / Avg Total Assets 71.60b |
| (D) -0.26 = Book Value of Equity -10.52b / Total Liabilities 40.28b |
| Total Rating: -0.37 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 51.23
| 1. Piotroski 2.0pt |
| 2. FCF Yield 2.98% |
| 3. FCF Margin 16.78% |
| 4. Debt/Equity 1.06 |
| 5. Debt/Ebitda 4.16 |
| 6. ROIC - WACC (= 0.96)% |
| 7. RoE 8.89% |
| 8. Rev. Trend -50.19% |
| 9. EPS Trend 18.07% |
What is the price of KMI shares?
Over the past week, the price has changed by +1.24%, over one month by +2.95%, over three months by +1.55% and over the past year by +2.15%.
Is KMI a buy, sell or hold?
- Strong Buy: 8
- Buy: 3
- Hold: 8
- Sell: 1
- Strong Sell: 0
What are the forecasts/targets for the KMI price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 31.2 | 16.2% |
| Analysts Target Price | 31.2 | 16.2% |
| ValueRay Target Price | 32.2 | 19.9% |
KMI Fundamental Data Overview November 29, 2025
P/E Trailing = 22.0902
P/E Forward = 18.9036
P/S = 3.6524
P/B = 1.9505
P/EG = 2.1991
Beta = 0.671
Revenue TTM = 16.41b USD
EBIT TTM = 5.38b USD
EBITDA TTM = 7.81b USD
Long Term Debt = 31.39b USD (from longTermDebt, last quarter)
Short Term Debt = 1.08b USD (from shortTermDebt, last quarter)
Debt = 32.58b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 32.51b USD (from netDebt column, last quarter)
Enterprise Value = 92.47b USD (59.96b + Debt 32.58b - CCE 71.0m)
Interest Coverage Ratio = 2.99 (Ebit TTM 5.38b / Interest Expense TTM 1.80b)
FCF Yield = 2.98% (FCF TTM 2.75b / Enterprise Value 92.47b)
FCF Margin = 16.78% (FCF TTM 2.75b / Revenue TTM 16.41b)
Net Margin = 16.62% (Net Income TTM 2.73b / Revenue TTM 16.41b)
Gross Margin = 35.18% ((Revenue TTM 16.41b - Cost of Revenue TTM 10.64b) / Revenue TTM)
Gross Margin QoQ = 32.71% (prev 35.68%)
Tobins Q-Ratio = 1.28 (Enterprise Value 92.47b / Total Assets 72.32b)
Interest Expense / Debt = 1.40% (Interest Expense 456.0m / Debt 32.58b)
Taxrate = 22.05% (185.0m / 839.0m)
NOPAT = 4.19b (EBIT 5.38b * (1 - 22.05%))
Current Ratio = 0.63 (Total Current Assets 2.43b / Total Current Liabilities 3.85b)
Debt / Equity = 1.06 (Debt 32.58b / totalStockholderEquity, last quarter 30.74b)
Debt / EBITDA = 4.16 (Net Debt 32.51b / EBITDA 7.81b)
Debt / FCF = 11.81 (Net Debt 32.51b / FCF TTM 2.75b)
Total Stockholder Equity = 30.66b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.77% (Net Income 2.73b / Total Assets 72.32b)
RoE = 8.89% (Net Income TTM 2.73b / Total Stockholder Equity 30.66b)
RoCE = 8.67% (EBIT 5.38b / Capital Employed (Equity 30.66b + L.T.Debt 31.39b))
RoIC = 6.65% (NOPAT 4.19b / Invested Capital 63.06b)
WACC = 5.69% (E(59.96b)/V(92.54b) * Re(8.19%) + D(32.58b)/V(92.54b) * Rd(1.40%) * (1-Tc(0.22)))
Discount Rate = 8.19% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.07%
[DCF Debug] Terminal Value 77.46% ; FCFE base≈3.23b ; Y1≈3.17b ; Y5≈3.22b
Fair Price DCF = 25.04 (DCF Value 55.72b / Shares Outstanding 2.22b; 5y FCF grow -3.05% → 3.0% )
EPS Correlation: 18.07 | EPS CAGR: 1.92% | SUE: -1.34 | # QB: 0
Revenue Correlation: -50.19 | Revenue CAGR: -2.03% | SUE: 0.46 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.38 | Chg30d=+0.003 | Revisions Net=+0 | Analysts=6
EPS next Year (2026-12-31): EPS=1.38 | Chg30d=+0.007 | Revisions Net=+2 | Growth EPS=+6.9% | Growth Revenue=+4.9%
Additional Sources for KMI Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle