Kinder Morgan, Inc. - Understand $kmi stock

$KMI Market Cap: $60.85 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$15.15B

TTM

Gross Margin

51.21%

TTM

Net Earnings

$2.533B

TTM

Current Assets

$2.177B

Q3 2024

Current Liabilities

$4.731B

Q3 2024

Current Ratio

46.02%

Q3 2024

Total Assets

$70.88B

Q3 2024

Total Liabilities

$39.13B

Q3 2024

Book Value

$31.75B

Q3 2024

Cash

$108.0M

Q3 2024

P/E

24.02

Nov 29, 2024 EST

Free Cash Flow

$3.917B

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Revenue	$15.33B	$19.20B	$16.61B	$11.70B	$13.21B	$14.14B	$13.71B	$13.06B	$14.40B	$16.23B	$14.07B	$9.973B	$7.943B	$7.852B	$6.879B	$12.10B	$6.395B
YoY Change	-20.14%	15.59%	41.97%	-11.42%	-6.61%	3.2%	4.95%	-9.34%	-11.24%	15.32%	41.08%	25.56%	1.16%	14.14%	-43.13%	89.13%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Revenue	$15.33B	$19.20B	$16.61B	$11.70B	$13.21B	$14.14B	$13.71B	$13.06B	$14.40B	$16.23B	$14.07B	$9.973B	$7.943B	$7.852B	$6.879B	$12.10B	$6.395B
Cost Of Revenue	$7.745B	$9.255B	$6.493B	$2.545B	$3.263B	$4.421B	$4.345B	$3.429B	$4.059B	$6.278B	$5.253B	$3.057B	$3.278B	$4.878B	$4.106B	$9.062B	$4.600B
Gross Profit	$7.589B	$9.945B	$10.12B	$9.155B	$9.946B	$9.723B	$9.360B	$9.629B	$10.34B	$9.948B	$8.817B	$6.916B	$4.665B	$2.974B	$2.773B	$3.033B	$1.795B
Gross Profit Margin	49.49%	51.8%	60.91%	78.25%	75.3%	68.74%	68.3%	73.74%	71.82%	61.31%	62.67%	69.35%	58.73%	37.88%	40.31%	25.08%	28.07%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Selling, General & Admin	$1.089B	$1.078B	$1.081B	$1.026B	$1.016B	$946.0M	$1.086B	$1.090B	$1.129B	$1.028B	$1.008B	$1.007B	$689.0M	$791.0M	$499.0M	$544.0M	$286.0M
YoY Change	1.02%	-0.28%	5.36%	0.98%	7.4%	-12.89%	-0.37%	-3.45%	9.82%	1.98%	0.1%	46.15%	-12.9%	58.52%	-8.27%	90.21%
% of Gross Profit	14.35%	10.84%	10.68%	11.21%	10.22%	9.73%	11.6%	11.32%	10.91%	10.33%	11.43%	14.56%	14.77%	26.6%	17.99%	17.94%	15.93%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$2.250B	$2.186B	$2.135B	$2.164B	$2.411B	$2.297B	$2.261B	$2.209B	$2.309B	$2.040B	$1.806B	$1.419B	$1.068B	$1.056B	$1.070B	$918.4M	$476.2M
YoY Change	2.93%	2.39%	-1.34%	-10.24%	4.96%	1.59%	2.35%	-4.33%	13.19%	12.96%	27.27%	32.87%	1.14%	-1.33%	16.53%	92.86%
% of Gross Profit	29.65%	21.98%	21.1%	23.64%	24.24%	23.62%	24.16%	22.94%	22.32%	20.51%	20.48%	20.52%	22.89%	35.51%	38.59%	30.28%	26.53%
Operating Expenses	$759.0M	$3.257B	$3.415B	$3.188B	$3.424B	$3.240B	$3.346B	$3.298B	$3.435B	$3.071B	$2.715B	$5.045B	$4.943B	$5.038B	$1.516B	$1.472B	$752.0M
YoY Change	-76.7%	-4.63%	7.12%	-6.89%	5.68%	-3.17%	1.46%	-3.99%	11.85%	13.11%	-46.18%	2.06%	-1.89%	232.32%	2.99%	95.74%
Operating Profit	$4.263B	$4.065B	$2.916B	$1.560B	$4.873B	$3.794B	$3.529B	$3.538B	$2.447B	$4.448B	$3.990B	$2.593B	$1.423B	$1.133B	$1.257B	$1.561B	$1.043B
YoY Change	4.87%	39.4%	86.92%	-67.99%	28.44%	7.51%	-0.25%	44.59%	-44.99%	11.48%	53.88%	82.22%	25.6%	-9.86%	-19.47%	49.66%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Interest Expense	-$1.797B	-$1.513B	-$1.492B	-$1.595B	-$1.801B	-$1.917B	-$1.832B	-$1.309B	-$1.637B	$1.807B	$1.690B	$1.427B	$703.0M	$668.0M	-$453.0M	-$427.0M	-$540.0M
YoY Change	18.77%	1.41%	-6.46%	-11.44%	-6.05%	4.64%	39.95%	-20.04%	-190.59%	6.92%	18.43%	102.99%	5.24%	-247.46%	6.09%	-20.93%
% of Operating Profit	-42.15%	-37.22%	-51.17%	-102.24%	-36.96%	-50.53%	-51.91%	-37.0%	-66.9%	40.63%	42.36%	55.03%	49.4%	58.96%	-36.04%	-27.35%	-51.77%
Other Income/Expense, Net	-$1.062B	-$730.0M	-$697.0M	-$899.0M	-$1.708B	-$1.288B	-$1.368B	-$1.900B	-$1.675B	-$1.357B	-$552.0M	-$1.250B	-$613.0M	-$903.0M	$43.00M	$1.000M	$12.00M
YoY Change	45.48%	4.73%	-22.47%	-47.37%	32.61%	-5.85%	-28.0%	13.43%	23.43%	145.83%	-55.84%	103.92%	-32.12%	-2200.0%	4200.0%	-91.67%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Pretax Income	$3.201B	$3.335B	$2.219B	$661.0M	$3.165B	$2.506B	$2.161B	$1.638B	$772.0M	$3.091B	$3.438B	$1.343B	$810.0M	$230.0M	$847.0M	-$2.898B	$514.0M
YoY Change	-4.02%	50.29%	235.7%	-79.12%	26.3%	15.96%	31.93%	112.18%	-75.02%	-10.09%	155.99%	65.8%	252.17%	-72.85%	-129.23%	-663.81%
Income Tax	$715.0M	$710.0M	$369.0M	$481.0M	$926.0M	$587.0M	$1.938B	$917.0M	$564.0M	$648.0M	$742.0M	$139.0M	$361.0M	$166.0M	$324.0M	$304.0M	$227.0M
% Of Pretax Income	22.34%	21.29%	16.63%	72.77%	29.26%	23.42%	89.68%	55.98%	73.06%	20.96%	21.58%	10.35%	44.57%	72.17%	38.25%		44.16%
Net Earnings	$2.391B	$2.548B	$1.784B	$119.0M	$2.190B	$1.609B	$183.0M	$708.0M	$253.0M	$1.026B	$1.193B	$315.0M	$594.0M	-$41.00M	$773.1M	-$3.599B	$248.0M
YoY Change	-6.16%	42.83%	1399.16%	-94.57%	36.11%	779.23%	-74.15%	179.84%	-75.34%	-14.0%	278.73%	-46.97%	-1548.78%	-105.3%	-121.48%	-1551.21%
Net Earnings / Revenue	15.59%	13.27%	10.74%	1.02%	16.58%	11.38%	1.34%	5.42%	1.76%	6.32%	8.48%	3.16%	7.48%	-0.52%	11.24%	-29.76%	3.88%
Basic Earnings Per Share	$1.06	$1.12	$0.78	$0.05	$0.96		$0.01	$0.25	$0.10	$0.89	$1.15
Diluted Earnings Per Share	$1.06	$1.12	$0.78	$0.05	$0.96	$726.1K	$0.01	$0.25	$0.10	$0.89	$1.15	$232.6K	$839.0K	-$57.99K	$700.1K	-$5.091M	$350.8K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Cash & Short-Term Investments	$83.00M	$745.0M	$1.140B	$1.184B	$1.110B	$3.280B	$264.0M	$684.0M	$229.0M	$315.0M	$482.0M	$643.0M	$409.0M	$502.0M	$166.0M	$119.0M	$149.0M
YoY Change	-88.86%	-34.65%	-3.72%	6.67%	-66.16%	1142.42%	-61.4%	198.69%	-27.3%	-34.65%	-25.04%	57.21%	-18.53%	202.41%	39.5%	-20.13%
Cash & Equivalents	$83.00M	$745.0M	$1.140B	$1.184B	$185.0M	$3.280B	$264.0M	$684.0M	$229.0M	$315.0M	$482.0M	$643.0M	$409.0M	$502.0M	$166.0M	$119.0M	$149.0M
Short-Term Investments				$0.00	$925.0M
Other Short-Term Assets	$346.0M	$584.0M	$516.0M	$378.0M	$387.0M	$536.0M	$414.0M	$638.0M	$873.0M	$1.337B	$1.152B	$1.324B	$168.0M	$221.0M	$227.0M	$162.0M	$3.522B
YoY Change	-40.75%	13.18%	36.51%	-2.33%	-27.8%	29.47%	-35.11%	-26.92%	-34.7%	16.06%	-12.99%	688.1%	-23.98%	-2.64%	40.12%	-95.4%
Inventory	$525.0M	$634.0M	$562.0M	$348.0M	$371.0M	$385.0M	$424.0M	$357.0M	$407.0M	$459.0M	$513.0M	$374.0M	$172.0M	$92.00M	$72.00M	$44.00M	$38.00M
Prepaid Expenses
Receivables	$1.588B	$1.840B	$1.611B	$1.293B	$1.370B	$1.498B	$1.448B	$1.370B	$1.315B	$1.641B	$1.721B	$1.333B	$914.0M	$971.0M	$916.0M	$993.0M	$975.0M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$23.00M	$165.0M	$180.0M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$2.542B	$3.803B	$3.829B	$3.203B	$3.238B	$5.722B	$2.715B	$3.229B	$2.824B	$3.752B	$3.868B	$3.674B	$1.663B	$1.787B	$1.380B	$1.317B	$4.684B
YoY Change	-33.16%	-0.68%	19.54%	-1.08%	-43.41%	110.76%	-15.92%	14.34%	-24.73%	-3.0%	5.28%	120.93%	-6.94%	29.49%	4.78%	-71.88%
Property, Plant & Equipment	$37.58B	$35.89B	$35.97B	$36.14B	$36.75B	$37.90B	$40.16B	$38.71B	$40.55B	$38.56B	$35.85B	$31.00B	$17.93B	$17.07B	$16.80B	$16.11B	$14.80B
YoY Change	4.73%	-0.23%	-0.47%	-1.66%	-3.03%	-5.62%	3.75%	-4.54%	5.14%	7.58%	15.65%	72.91%	5.01%	1.59%	4.31%	8.82%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$7.874B	$7.653B	$7.578B	$7.917B	$7.759B	$7.481B	$7.298B	$7.027B	$6.040B	$6.036B	$5.951B	$5.804B	$3.744B	$4.291B	$3.696B	$1.827B	$1.996B
YoY Change	2.89%	0.99%	-4.28%	2.04%	3.72%	2.51%	3.86%	16.34%	0.07%	1.43%	2.53%	55.02%	-12.75%	16.1%	102.3%	-8.47%
Other Assets	$944.0M	$962.0M	$1.449B	$2.410B	$2.285B	$2.921B	$3.626B	$5.874B	$7.352B	$7.741B	$2.577B	$2.968B	$960.0M	$474.0M	$507.0M	$1.062B	$6.034B
YoY Change	-1.87%	-33.61%	-39.88%	5.47%	-21.77%	-19.44%	-38.27%	-20.1%	-5.03%	200.39%	-13.17%	209.17%	102.53%	-6.51%	-52.26%	-82.4%
Total Long-Term Assets	$68.48B	$66.28B	$66.59B	$68.77B	$70.92B	$73.14B	$76.34B	$77.08B	$81.28B	$79.30B	$71.32B	$64.57B	$29.05B	$27.12B	$26.20B	$24.13B	$31.51B
YoY Change	3.32%	-0.47%	-3.17%	-3.03%	-3.04%	-4.19%	-0.95%	-5.17%	2.5%	11.19%	10.45%	122.24%	7.13%	3.51%	8.59%	-23.43%
Total Assets	$71.02B	$70.08B	$70.42B	$71.97B	$74.16B	$78.87B	$79.06B	$80.31B	$84.10B	$83.05B	$75.19B	$68.25B	$30.72B	$28.91B	$27.58B	$25.45B	$36.20B
YoY Change
Accounts Payable	$1.366B	$1.444B	$1.259B	$837.0M	$914.0M	$1.337B	$1.340B	$1.257B	$1.324B	$1.588B	$1.676B	$1.248B	$728.0M	$648.0M	$621.0M	$850.0M	$944.0M
YoY Change	-5.4%	14.69%	50.42%	-8.42%	-31.64%	-0.22%	6.6%	-5.06%	-16.62%	-5.25%	34.29%	71.43%	12.35%	4.35%	-26.94%	-9.96%
Accrued Expenses	$568.0M	$562.0M	$833.0M	$872.0M	$588.0M	$667.0M	$912.0M	$886.0M	$993.0M	$1.020B	$1.149B	$1.579B	$758.0M	$571.0M	$545.0M	$647.0M	$305.0M
YoY Change	1.07%	-32.53%	-4.47%	48.3%	-11.84%	-26.86%	2.93%	-10.78%	-2.65%	-11.23%	-27.23%	108.31%	32.75%	4.77%	-15.77%	112.13%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$23.00M	$34.00M	$37.00M	$45.00M	$919.0M
YoY Change												-100.0%	-32.35%	-8.11%	-17.78%	-95.1%
Long-Term Debt Due	$4.049B	$3.385B	$2.646B	$2.558B	$2.477B	$3.388B	$2.828B	$2.696B	$821.0M	$2.717B	$2.306B	$2.401B	$2.899B	$2.013B	$769.0M	$303.0M	$80.00M
YoY Change	19.62%	27.93%	3.44%	3.27%	-26.89%	19.8%	4.9%	228.38%	-69.78%	17.82%	-3.96%	-17.18%	44.01%	161.77%	153.8%	278.75%
Total Short-Term Liabilities	$7.221B	$6.930B	$5.821B	$5.074B	$5.100B	$7.557B	$6.181B	$5.924B	$4.065B	$6.362B	$6.075B	$5.228B	$4.529B	$3.644B	$2.319B	$2.015B	$3.940B
YoY Change	4.2%	19.05%	14.72%	-0.51%	-32.51%	22.26%	4.34%	45.73%	-36.1%	4.72%	16.2%	15.43%	24.29%	57.14%	15.09%	-48.86%
Long-Term Debt	$28.07B	$28.40B	$30.67B	$32.13B	$31.92B	$33.94B	$35.02B	$37.35B	$42.41B	$40.10B	$33.89B	$32.00B	$14.36B	$13.81B	$13.24B	$12.13B	$15.30B
YoY Change	-1.18%	-7.4%	-4.53%	0.68%	-5.96%	-3.08%	-6.26%	-11.91%	5.76%	18.33%	5.9%	122.9%	3.93%	4.32%	9.19%	-20.72%
Other Long-Term Liabilities	$2.615B	$2.008B	$2.000B	$2.202B	$2.253B	$2.176B	$2.735B	$2.225B	$2.230B	$2.164B	$2.287B	$2.846B	$1.065B	$819.0M	$1.140B	$745.0M	$3.879B
YoY Change	30.23%	0.4%	-9.17%	-2.26%	3.54%	-20.44%	22.92%	-0.22%	3.05%	-5.38%	-19.64%	167.23%	30.04%	-28.16%	53.02%	-80.79%
Total Long-Term Liabilities	$30.68B	$30.41B	$32.67B	$34.33B	$34.17B	$36.11B	$37.75B	$39.58B	$44.64B	$42.26B	$36.17B	$34.85B	$15.42B	$14.63B	$14.38B	$12.87B	$19.18B
YoY Change	0.89%	-6.93%	-4.83%	0.48%	-5.38%	-4.34%	-4.62%	-11.33%	5.62%	16.83%	3.81%	125.96%	5.39%	1.75%	11.72%	-32.87%
Total Liabilities	$40.71B	$39.34B	$39.59B	$40.54B	$40.42B	$45.19B	$45.42B	$45.87B	$48.99B	$48.97B	$62.09B	$54.38B	$27.40B	$25.47B	$23.41B	$21.04B	$28.37B
YoY Change	3.5%	-0.65%	-2.33%	0.3%	-10.56%	-0.51%	-0.99%	-6.35%	0.02%	-21.13%	14.18%	98.49%	7.57%	8.79%	11.26%	-25.84%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2017	2016	2015	2014	2013
Basic Shares Outstanding	2.234B shares	2.258B shares	2.266B shares	2.263B shares	2.264B shares	2.230B shares	2.230B shares	2.187B shares	1.137B shares	1.036B shares
Diluted Shares Outstanding	2.234B shares	2.258B shares	2.266B shares	2.263B shares	2.264B shares	2.230B shares	2.230B shares	2.193B shares	1.137B shares	1.036B shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $60.851 Billion

About KINDER MORGAN, INC.

Kinder Morgan, Inc. engages in providing pipeline transportation of natural gas services. The company is headquartered in Houston, Texas and currently employs 10,891 full-time employees. The company went IPO on 2011-02-11. The firm operates approximately 79,000 miles of pipelines and 139 terminals. Its Natural Gas Pipelines business segment includes interstate and intrastate pipelines, underground storage facilities, liquefied natural gas (LNG) liquefaction and terminal facilities, and NGL fractionation facilities. Its Products Pipelines business segment consists of its refined petroleum products, crude oil and condensate pipelines, and associated terminals, its Southeast terminals, its condensate processing facility, and its transmix processing facilities. Its Terminals business segment includes the operations of its refined petroleum product, chemical, renewable fuel, and other liquid terminal facilities and all of its petroleum coke, metal and ores facilities. Its CO2 business segment produces, transports, and markets carbon dioxide for use in enhanced oil recovery projects as a flooding medium for recovering crude oil from mature oil fields.

Industry: Natural Gas Transmission Peers: Cheniere Energy, Inc. Cheniere Energy Partners, L.P. Energy Transfer LP ENTERPRISE PRODUCTS PARTNERS L.P. Magellan Midstream Partners, L.P. MPLX LP ONEOK INC /NEW/ Targa Resources Corp. WILLIAMS COMPANIES, INC.