US · USD
KMI
Kinder Morgan Inc
- Day's range
- $29.43 – $30.66
- Day's volume
- $339.8M
- 52-week range
- $24.86 – $33.99
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Create a free accountKMI in numbers
- Market cap
- $68B
- P/E
- 19.61
- P/B
- 2.15
- Dividend yield (12m)
- 3.87%
- Net debt/EBITDA
- 3.86
The 12-month dividend yield of KMI is 3.87%, below its 5-year average of 5.53%.
KMI price history
KMI risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | +10.78% | +110.37% | +136.18% |
| Volatility (annualized) | 20.21% | 18.81% | 20.91% |
| Largest drawdown | -8.40% | -9.98% | -14.88% |
| Positive months | 8/12 | 25/36 | 39/60 |
How much did investing in KMI return?
$1,000.00 invested on 09/01/2021 would be worth $2,361.84 today.
- Value today in KMI
- $2,361.84
- Return over the period
- +136.18%
- Return per year
- +18.76%
- In the S&P 500
- $1,776.31
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
KMI fundamentals
Valuation
- P/E19.61
- P/B2.15
- EV/EBITDA12.69
- EV/EBIT18.73
- EV/Revenue6.00
- P/EBIT13.03
- P/S4.18
- P/OCF10.37
- P/FCF21.53
- Earnings yield5.34%
- PEG ratio—
- Earnings per share$1.56
- Book value per share$14.20
Debt
- Net debt$29.7B
- Net debt/EBITDA3.86
- Net debt/Equity0.94
- Debt/Equity0.94
- Current ratio0.46
- Quick ratio0.36
- Cash ratio0.02
Efficiency
- Gross margin—
- EBITDA margin47.27%
- Operating margin32.04%
- Net margin21.29%
- Asset turnover0.22
Profitability
- ROE10.96%
- ROA4.68%
- ROIC6.60%
- Payout75.79%
Growth
- Revenue CAGR (5 years)3.58%
- Earnings CAGR (5 years)15.13%
- Revenue growth (year)—
- Earnings growth (year)—
- Revenue growth (quarter)—
- Earnings growth (quarter)—
What is KMI's fair price?
Two classic value formulas, with today's numbers. The current price is $30.53.
- Graham's fair price
- $22.31
- 26.93% below the price
√(22.50 × $1.56 × $14.20)
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- $18.70
- 38.75% below the price
$1.12 (5-year average) ÷ 6%
Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.
Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.
KMI's indicators by year
Multiples at each year's closing price; margins and returns from that year's statements.
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| P/E | 20.01 | 23.30 | 16.37 | 15.95 | 20.16 | 260.13 | 21.90 | 21.64 |
| P/B | 1.96 | 1.99 | 1.29 | 1.32 | 1.17 | 0.98 | 1.42 | 1.03 |
| EV/EBITDA | 12.80 | 13.46 | 10.31 | 10.93 | 12.97 | 16.62 | 10.81 | 10.75 |
| Dividend yield | 4.24% | 4.18% | 6.38% | 6.10% | 6.76% | 7.59% | 4.49% | 4.71% |
| Earnings per share | $1.37 | $1.18 | $1.08 | $1.13 | $0.79 | $0.05 | $0.97 | $0.71 |
| Book value per share | $14.01 | $13.74 | $13.66 | $13.68 | $13.59 | $13.88 | $14.90 | $14.88 |
| ROE | 9.81% | 8.56% | 7.89% | 8.29% | 5.79% | 0.38% | 6.49% | 4.78% |
| ROIC | 6.04% | 5.80% | 5.68% | 5.48% | 4.03% | 0.68% | 5.34% | 4.52% |
| Gross margin | — | — | — | 48.95% | 59.81% | 74.79% | 72.99% | 66.80% |
| EBITDA margin | 47.21% | 49.97% | 47.72% | 34.48% | 31.27% | 36.88% | 60.30% | 45.74% |
| Net margin | 20.10% | 19.38% | 17.52% | 14.06% | 11.04% | 1.18% | 18.13% | 12.08% |
| Net debt/EBITDA | 4.28 | 4.42 | 4.30 | 4.42 | 5.85 | 8.31 | 4.23 | 5.03 |
KMI's financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | $15.2B | $13.5B | $13.6B | $18.1B | $16.2B | $10.1B |
| Cost of revenue | — | — | — | -$9.3B | -$6.5B | -$2.5B |
| Gross profit | — | — | — | $8.9B | $9.7B | $7.6B |
| EBITDA | $7.2B | $6.7B | $6.5B | $6.3B | $5.1B | $3.7B |
| EBIT | $4.7B | $4.4B | $4.3B | $4.1B | $2.9B | $1.6B |
| Financial result | -$732M | -$977M | -$1.1B | -$730M | -$697M | -$899M |
| Income before tax | $4B | $3.4B | $3.2B | $3.3B | $2.2B | $661M |
| Income tax | -$832M | -$687M | -$715M | -$710M | -$369M | -$481M |
| Net income | $3.1B | $2.6B | $2.4B | $2.5B | $1.8B | $119M |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
Does KMI pay dividends?
Dividend yield per year
- 2.77%2017
- 4.71%2018
- 4.49%2019
- 7.59%2020
- 6.76%2021
- 6.10%2022
- 6.38%2023
- 4.18%2024
- 4.24%2025
- 2.91%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 07/31/2026 | 08/17/2026 | $0.30 |
| Dividend | 05/01/2026 | 05/15/2026 | $0.30 |
| Dividend | 01/30/2026 | 02/17/2026 | $0.29 |
| Dividend | 10/31/2025 | 11/17/2025 | $0.29 |
| Dividend | 07/30/2025 | 08/15/2025 | $0.29 |
| Dividend | 04/29/2025 | 05/15/2025 | $0.29 |
| Dividend | 01/31/2025 | 02/18/2025 | $0.29 |
| Dividend | 10/30/2024 | 11/15/2024 | $0.29 |
| Dividend | 07/30/2024 | 08/15/2024 | $0.29 |
| Dividend | 04/26/2024 | 05/15/2024 | $0.29 |
| Dividend | 01/29/2024 | 02/15/2024 | $0.28 |
| Dividend | 10/27/2023 | 11/15/2023 | $0.28 |
See all 40 distributions
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 07/27/2023 | 08/15/2023 | $0.28 |
| Dividend | 04/27/2023 | 05/15/2023 | $0.28 |
| Dividend | 01/27/2023 | 02/15/2023 | $0.28 |
| Dividend | 10/27/2022 | 11/15/2022 | $0.28 |
| Dividend | 07/28/2022 | 08/15/2022 | $0.28 |
| Dividend | 04/28/2022 | 05/16/2022 | $0.28 |
| Dividend | 01/27/2022 | 02/15/2022 | $0.27 |
| Dividend | 10/28/2021 | 11/15/2021 | $0.27 |
| Dividend | 07/29/2021 | 08/16/2021 | $0.27 |
| Dividend | 04/28/2021 | 05/17/2021 | $0.27 |
| Dividend | 01/28/2021 | 02/16/2021 | $0.26 |
| Dividend | 10/29/2020 | 11/16/2020 | $0.26 |
| Dividend | 07/30/2020 | 08/17/2020 | $0.26 |
| Dividend | 04/30/2020 | 05/15/2020 | $0.26 |
| Dividend | 01/30/2020 | 02/18/2020 | $0.25 |
| Dividend | 10/29/2019 | 11/15/2019 | $0.25 |
| Dividend | 07/29/2019 | 08/15/2019 | $0.25 |
| Dividend | 04/26/2019 | 05/15/2019 | $0.25 |
| Dividend | 01/29/2019 | 02/15/2019 | $0.20 |
| Dividend | 10/29/2018 | 11/15/2018 | $0.20 |
| Dividend | 07/27/2018 | 08/15/2018 | $0.20 |
| Dividend | 04/26/2018 | 05/15/2018 | $0.20 |
| Dividend | 01/29/2018 | 02/15/2018 | $0.13 |
| Dividend | 10/27/2017 | 11/15/2017 | $0.13 |
| Dividend | 07/26/2017 | 08/15/2017 | $0.13 |
| Dividend | 04/26/2017 | 05/15/2017 | $0.13 |
| Dividend | 01/27/2017 | 02/15/2017 | $0.13 |
| Dividend | 10/27/2016 | 11/15/2016 | $0.13 |
About Kinder Morgan
- Sector
- Transportation and utilities
Questions about KMI
How much is KMI today?
KMI is at $30.53 (1.26% on the day), last traded on 10/01/2026.
How much did KMI pay in dividends in 2025?
KMI paid $1.17 per share in 2025, a dividend yield of 4.24%.
What are the P/E and P/B of KMI?
KMI trades at a P/E of 19.61 and a P/B of 2.15.
How much did KMI return in 12 months?
KMI returned 10.78% in 12 months, with annualized volatility of 20.21% and a largest drawdown of -8.40%.