KINDER MORGAN, INC.

KMI · Large cap · Calculated market cap · $71.3B · as of 2026-07-03 · 4 articles

Financial highlights

Metric	FY 12/31/25	FY 12/31/24	FY 12/31/23	FY 12/31/22	FY 12/31/21
Income Statement
Revenue	$16.9B	$15.1B	$15.3B	$19.2B	$16.6B
Cost of revenue	—	—	—	$9.3B	$6.5B
Operating expenses	$746.0M	$736.0M	$759.0M	$593.0M	$623.0M
Operating income	$4.7B	$4.4B	$4.3B	$4.1B	$2.9B
Pretax income	$4.0B	$3.4B	$3.2B	$3.3B	$2.2B
Income tax expense	$832.0M	$687.0M	$715.0M	$710.0M	$369.0M
Net income	$3.1B	$2.6B	$2.4B	$2.5B	$1.8B
Balance Sheet
Cash and equivalents	$63.0M	$88.0M	$83.0M	$745.0M	$1.1B
Current assets	$2.8B	$2.5B	$2.5B	$3.8B	$3.8B
Total assets	$72.7B	$71.4B	$71.0B	$70.1B	$70.4B
Current liabilities	$4.3B	$5.1B	$7.2B	$6.9B	$5.8B
Total liabilities	$40.3B	$39.5B	$39.3B	$38.0B	$38.5B
Total debt	$31.8B	$31.8B	$31.9B	$31.7B	$32.4B
Stockholders' equity	$31.2B	$30.5B	$30.3B	$30.7B	$30.8B
Cash Flow Statement
Cash from operations	$5.9B	$5.6B	$6.5B	$5.0B	$5.7B
Depreciation and amortization	$2.5B	$2.4B	$2.2B	$2.2B	$2.1B
Capital expenditure	$3.0B	$2.6B	$2.3B	$1.6B	$1.3B
Free cash flow	$2.9B	$3.0B	$4.2B	$3.3B	$4.4B
Dividends paid	$2.6B	$2.6B	$2.5B	$2.5B	$2.4B
Share repurchases	$0	$7.0M	$522.0M	$368.0M	$0
Impairments	—	—	—	—	$1.6B

Shares outstanding 2.2B · Free float 85.0%

Annual filing data through FY ended December 31, 2025; float as of August 31, 2026.