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Stocks/Energy/Oil & Gas Storage & Transportation

Kinder MorganKMI

Oil & Gas Storage & Transportation · Houston, Texas · In the S&P 500
Solid businessPricier than peers
$33.87−0.29%After hours: $33.99 (+0.35%)At the close, 30 Oct · Prices from CNBC, may be delayed
▲ 30.8% over 1 year
Kinder Morgan over 1 yearDaily close, $, to 30 Oct 2026
$28$30$32Nov2026MarMayJulSep$33.87$30NovMarJul$33.87
Source: Nasdaq daily closes
Market value$75.45B
Price to earnings21.0x
Forward P/E23.0x
Dividend yield3.51%
Year to date+23.2%
One year+30.8%
Next earningsNot scheduled
SectorEnergy
52-week range (closes)
$25.84$34.43

Quality and valuation

How Kinder Morgan compares with other energy stocks. A description, not a recommendation.

Kinder Morgan and 5 oil & gas storage & transportation peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: about averageValuation: pricier than most

An average business among energy companies, priced above most of them.

Kinder Morgan trades at 23.0 times the next 12 months of expected earnings, against a median of 12.8x for the 25 energy stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew slower than the sector median: +11.7% vs +13.3%
  • More profitable (operating margin): 29.0% vs 22.9%
  • Turns more of its sales into cash: 16.8% vs 9.8%
KMI trades at 23.0x forward earnings, above the sector medianForward p/e, Oil & Gas Storage & Transportation peers
VLO5.9xMPC6.2xBP6.9xSHEL9.3xCVX12.5xXOM12.8xCOP13.3xKMI23.0xSector median 12.8xVLO5.9xMPC6.2xBP6.9xSHEL9.3xCVX12.5xXOM12.8xCOP13.3xKMI23.0xSector median 12.8x
Source: CNBC quotes; Mostly Markets
At 20.9x earnings, KMI is cheaper than its average since Oct 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
20x22x25xAverage 22.6x2025202620.9x20x25xAverage 22.6x2025202620.9x
Source: Nasdaq prices; SEC filings

Financials

From Kinder Morgan's SEC filings, through the quarter ending 30 Sep 2026. Hover or tap a bar for its value.

Revenue grew 9.3% from a year earlierQuarterly revenue, $bn, latest Q3 ’26
$0bn$2bn$4bnQ4 ’24Q2 ’25Q4 ’25$4.5bnQ3 ’26$0bn$2bn$4bnQ4 ’24Q2 ’25Q4 ’25$4.5bnQ3 ’26
Source: SEC filings
Growth slowed to +9.3% last quarterRevenue growth, year on year, %
0%5%10%Q4 ’24Q2 ’25Q4 ’259.3%Q3 ’260%10%Q4 ’24Q2 ’25Q4 ’259.3%Q3 ’26
Source: SEC filings
Operating margin was 25.6% last quarterOperating income as a share of revenue, %
0%10%20%30%Q4 ’24Q2 ’25Q4 ’2525.6%Q3 ’260%20%Q4 ’24Q2 ’25Q4 ’2525.6%Q3 ’26
Source: SEC filings
Free cash flow was $3.1 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $bn
$0.0bn$0.2bn$0.5bn$0.8bn$1.0bnQ4 ’24Q2 ’25Q4 ’25$0.6bnQ3 ’26$0.0bn$0.5bn$1.0bnQ4 ’24Q2 ’25Q4 ’25$0.6bnQ3 ’26
Source: SEC filings
Last 12 monthsKMISector median
Revenue growth+11.7%+13.3%
Operating margin29.0%22.9%
Free cash flow margin16.8%9.8%
Price to earnings21.0x17.2x

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Similar companies

Oil & Gas Storage & Transportation, by market value.

CompanyPriceTodayYTDValue
XOMExxon Mobil$187.25+2.16%+55.6%$770B
CVXChevron$235.52+1.75%+54.5%$465B
SHELShell$108.69+0.95%+47.9%$310B
COPConocoPhillips$154.03+2.67%+64.5%$185B
BPBP$50.39+0.08%+45.1%$132B
MPCMarathon Petroleum$444.73+2.83%+173.5%$125B
VLOValero Energy$399.66+3.92%+145.5%$111B
PSXPhillips 66$282.83+3.37%+119.2%$110B