Skip to content

KMI

S&P 500
Favorable · 68/100

Kinder Morgan

Energy
Oil & Gas Storage & Transportation

$32.25

2.1%

Updated Today 7:15 PM ET

Price — Past Year

▲ Up 14.6% over the last 12 months

Price 50-day average 200-day averageSource: Yahoo Finance · refreshed daily
Key Metrics

Market Cap

$70.28B

P/E

21.2x

Forward P/E (est.)

16.55x

ROE

10.7%

Revenue Growth

13.1%

EPS Growth

28.1%

Profit Margin

18.9%

FCF Yield

6.8%

Debt / Equity

1.03x

ROIC

5.0%

Interest Coverage

2.61x

Current Ratio

0.52x

Dividend Yield

3.8%

Implied Growth (rev. DCF)

4.7%

Rating Score

68/100

Technical Analysis (Educational)
Research

Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what KMI's chart says today, with each tool explained.

Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. KMI trades near $32.25, above its 50-day average ($32.13) and 200-day average ($29.75). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.

Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 44 it is in neutral territory — neither stretched nor washed out.

MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently negative — short-term momentum is fading.

Volatility — ATR. Average True Range is the typical daily move. KMI's is $0.64 (~2.0% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.

Support & resistance. Over the last month KMI found buyers near $30.82 (support) and sellers near $34.64 (resistance); its 52-week range is $25.60–$34.81. A decisive break beyond either edge often marks the next move.

Volume. The latest session traded 1.1× the 20-day average — about normal. Rising volume on up-days suggests real buying; on down-days, real selling.

Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.

Business Overview
Research

Kinder Morgan (KMI) is a large-cap company in the Oil & Gas Storage & Transportation industry, part of the Energy sector of the S&P 500, with a market value around $70.28B.

In its latest reported year it generated about $15.20B in revenue and $3.06B in net profit.

Our model rates KMI Favorable (68/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.

Revenue Growth
Research

4Y CAGR

-1.5%

Revenue moved from $16.15B in 2021 to $15.20B in 2025, a -1.5% compound annual growth rate. The most recent year grew a steady 13.1% year over year. Consistent top-line growth is one sign of healthy demand.

Profitability
Research

Gross Margin

49.5%

Operating Margin

31.1%

Net Margin

20.1%

ROE

10.7%

Kinder Morgan keeps about 18.9% of each sales dollar as net profit, with a 49.5% gross margin and 31.1% operating margin. Return on equity is 10.7% and return on invested capital about 5.0%. Margins this wide usually signal pricing power or a cost advantage.

Debt Analysis
Research

Total Debt

$37.32B

Net Debt

$37.24B

Net Debt / EBITDA

7.88x

Debt / Equity

1.03x

Leverage: debt-to-equity is 1.0x, and operating profit covers interest about 2.6x, with a current ratio of 0.5x. That is a moderate, manageable debt load for most businesses. It carries roughly $37.32B of total debt against $72.00M of cash.

Cash Flow Analysis
Research

Operating CF

$5.92B

Free Cash Flow

$2.89B

FCF Margin

19.0%

In the latest year Kinder Morgan produced about $5.92B of operating cash flow and $2.89B of free cash flow after capital spending. That is a free-cash-flow yield of about 6.8% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.

Valuation Analysis
Research

P/E

21.2x

P/S

4.13x

P/B

1.97x

EV / EBITDA

14.94x

KMI trades at 21.2x trailing earnings (about 16.5x on estimated forward earnings), 4.1x sales, and 2.0x book value. Reverse-engineering today's price implies the market expects roughly 4.7% long-term free-cash-flow growth. That is a fairly typical valuation for a profitable company.

Metrics vs. Typical Range

Where this stock sits versus what most companies trade at.

TTM P/E
21.2xFair
Forward P/E
16.5xFair
P/S ratio
4.1xExpensive
Revenue growth
13.1%Strong
EPS growth
28.1%Strong
Gross margin
49.5%Strong
Net margin
18.9%Strong
ROE
10.7%Weak

Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.

Sector Peer Comparison

How KMI stacks up against its Energy peers — valuation, profitability, and growth versus the sector median.

In the Energy sector (21 S&P 500 companies), KMI ranks #4 of 21 by our overall rating. It trades at roughly in line versus the sector on earnings (21.2x P/E vs. 18.9x median) with a lower return on equity (10.7% vs. 14.8%) and faster revenue growth (13.1% vs. -0.4%).

P/E vs sector

21.2x

median 18.9x

ROE vs sector

10.7%

median 14.8%

Growth vs sector

13.1%

median -0.4%

Sector rank

#4

of 21 by rating

CompanyP/ERev Gr.Rating
KMIThis stock21.2x13.1%Favorable· 68
WMB32x10.7%Favorable· 59
TRGP26.3x1.1%Neutral· 51
OKE15.1x-14.7%Neutral· 42
MPC15.1x-0.9%Neutral· 53
EOG12.6x2.7%Favorable· 63
SLB21.6x-0.4%Neutral· 48
VLO16.9x-2.8%Neutral· 57
Energy median18.9x-0.4%53/100

Valuation vs. quality map

sector medianWMBTRGPOKEMPCEOGSLBVLOKMIP/E — cheaper ←→ pricierROE — more profitable ↑

The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.

Compare side by side

Peers are the closest Energy companies by sub-industry and size. Sector median is across all 21 S&P 500 names in the sector. Educational, not a recommendation.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

2030 price target (Base Case)

$32.73$52.87

vs. $32.25 today · expected CAGR 0%10%

Metric20262027202820292030
Revenue$17.18B$19.41B$21.93B$24.79B$28.01B
Net income$3.44B$3.88B$4.39B$4.96B$5.60B
EPS$1.54$1.74$1.97$2.23$2.52
Share price (low)$20.08$22.68$25.63$28.97$32.73
Share price (high)$32.43$36.64$41.41$46.79$52.87
CAGR (low–high)-38% / 1%-16% / 7%-7% / 9%-3% / 10%0% / 10%

Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.

Bull Case

The case for KMI:

  • Revenue is growing 13.1% a year, a sign of real demand.
  • High net margins (18.9%) point to pricing power or efficiency.
  • Healthy free-cash-flow yield (~6.8%) funds buybacks and dividends.
  • Pays a 3.8% dividend on top of any price gains.
  • Our model's overall read is Favorable (68/100).
Bear Case

The case against KMI:

  • Interest coverage is thin (2.6x), so debt costs bite.
  • Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Key Risks
Research

Balance-sheet risk — debt/equity of 1.0x magnifies the impact of higher rates or weaker earnings.

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Investment Thesis
Research

On balance, the fundamentals screen favourably: Kinder Morgan is a large-cap energy business still growing nicely, with solid profitability, and a heavier debt load to watch. It trades at 21.2x earnings, which our model scores Favorable (68/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.