KINDER MORGAN, INC.
KMI Utilities · UtilitiesEach grade is a single reported quarter's assessment, never an average — a card shows the grade at the newest quarter in view, so it follows the period and range controls above. Latest scored quarter: 2026-06-30.
▲+47 over range · as of 2026-06-30
Revenue +10.8% YoY, earnings +21.3% YoY · sector avg 73
▲+13 over range · as of 2026-06-30
19.4% net margin, 11% return on equity, 18% free-cash-flow margin, profitable in 8 of last 8 quarters · sector avg 51
▲+4 over range · as of 2026-06-30
Net debt 3.9x EBITDA, 0.5x current ratio · sector avg 60
Latest quarter · ending 2026-06-30 · green = improving · click a row to chart it
Revenue $4.5B −7.3% Gross margin 68.6% +4.8pp Operating margin 30.1% +0.2pp Net margin 19.4% −0.8pp Net income $867.0M −11.2% CHARTEDFilings
11-06 → 26-06 · following the period bar 37 match| Year | Q1 | Q2 | Q3 | FY |
|---|---|---|---|---|
| 2026 | 10-Q Q1 2026 | 10-Q Q2 2026 | no filing | no filing |
| 2025 | 10-Q Q1 2025 | 10-Q Q2 2025 | 10-Q Q3 2025 | 10-K FY 2025 |
| 2024 | 10-Q Q1 2024 | 10-Q Q2 2024 | 10-Q Q3 2024 | 10-K FY 2024 |
| 2023 | 10-Q Q1 2023 | 10-Q Q2 2023 | 10-Q Q3 2023 | 10-K FY 2023 |
| 2022 | 10-Q Q1 2022 | 10-Q Q2 2022 | 10-Q Q3 2022 | 10-K FY 2022 |
| 2021 | 10-Q Q1 2021 | 10-Q Q2 2021 | 10-Q Q3 2021 | 10-K FY 2021 |
| 2020 | 10-Q Q1 2020 | 10-Q Q2 2020 | 10-Q Q3 2020 | 10-K FY 2020 |
| 2019 | no filing | no filing | 10-Q Q3 2019 | 10-K FY 2019 |
All 37 filings
10-K FY 2024 2025-02-13 Pro → 10-Q Q3 2024 2024-10-18 Pro → 10-Q Q2 2024 2024-07-19 Pro → 10-Q Q1 2024 2024-04-19 Pro → 10-K FY 2023 2024-02-20 Pro → 10-Q Q3 2023 2023-10-23 Pro → 10-Q Q2 2023 2023-07-21 Pro → 10-Q Q1 2023 2023-04-21 Pro → 10-K FY 2022 2023-02-08 Pro → 10-Q Q3 2022 2022-10-21 Pro → 10-Q Q2 2022 2022-07-22 Pro → 10-Q Q1 2022 2022-04-22 Pro → 10-K FY 2021 2022-02-07 Pro → 10-Q Q3 2021 2021-10-22 Pro → 10-Q Q2 2021 2021-07-23 Pro → 10-Q Q1 2021 2021-04-23 Pro → 10-K FY 2020 2021-02-05 Pro → 10-Q Q3 2020 2020-10-23 Pro → 10-Q Q2 2020 2020-07-27 Pro → 10-Q Q1 2020 2020-04-29 Pro → 10-K FY 2019 2020-02-12 Pro → 10-Q Q3 2019 2019-10-21 Pro → 10-K FY 2018 2019-02-08 Pro → 10-K FY 2017 2018-02-09 Pro → 10-K FY 2016 2017-02-10 Pro → 10-K FY 2015 2016-02-16 Pro → 10-K FY 2014 2015-02-23 Pro → 10-K FY 2014 2014-02-24 Pro → 10-K FY 2013 2013-03-01 Pro → 10-K FY 2011 2012-02-23 Pro → 10-Q/A Q2 2011 2011-08-25 Pro →Filing-level fact detail is a Pro feature. The grades and figures above are free. See Pro plans
Trends
| Period | Period end | Revenue |
|---|---|---|
| 11-06 | 2011-06-30 | $2.0B |
| 18-09 | 2018-09-30 | $3.5B |
| 19-03 | 2019-03-31 | $3.4B |
| 19-06 | 2019-06-30 | $3.2B |
| 19-09 | 2019-09-30 | $3.2B |
| 19-12 | 2019-12-31 | $3.4B |
| 20-03 | 2020-03-31 | $3.1B |
| 20-06 | 2020-06-30 | $2.6B |
| 20-09 | 2020-09-30 | $2.9B |
| 20-12 | 2020-12-31 | $3.1B |
| 21-03 | 2021-03-31 | $5.2B |
| 21-06 | 2021-06-30 | $3.1B |
| 21-09 | 2021-09-30 | $3.8B |
| 21-12 | 2021-12-31 | $4.4B |
| 22-03 | 2022-03-31 | $4.3B |
| 22-06 | 2022-06-30 | $5.2B |
| 22-09 | 2022-09-30 | $5.2B |
| 22-12 | 2022-12-31 | $4.6B |
| 23-03 | 2023-03-31 | $3.9B |
| 23-06 | 2023-06-30 | $3.5B |
| 23-09 | 2023-09-30 | $3.9B |
| 23-12 | 2023-12-31 | $4.0B |
| 24-03 | 2024-03-31 | $3.8B |
| 24-06 | 2024-06-30 | $3.6B |
| 24-09 | 2024-09-30 | $3.7B |
| 24-12 | 2024-12-31 | $4.0B |
| 25-03 | 2025-03-31 | $4.2B |
| 25-06 | 2025-06-30 | $4.0B |
| 25-09 | 2025-09-30 | $4.1B |
| 25-12 | 2025-12-31 | $4.5B |
| 26-03 | 2026-03-31 | $4.8B |
| 26-06 | 2026-06-30 | $4.5B |
| Period | Period end | Net income |
|---|---|---|
| 11-06 | 2011-06-30 | $132.1M |
| 18-09 | 2018-09-30 | $732.0M |
| 19-03 | 2019-03-31 | $556.0M |
| 19-06 | 2019-06-30 | $518.0M |
| 19-09 | 2019-09-30 | $506.0M |
| 19-12 | 2019-12-31 | $610.0M |
| 20-03 | 2020-03-31 | -$306.0M |
| 20-06 | 2020-06-30 | -$637.0M |
| 20-09 | 2020-09-30 | $455.0M |
| 20-12 | 2020-12-31 | $607.0M |
| 21-03 | 2021-03-31 | $1.4B |
| 21-06 | 2021-06-30 | -$757.0M |
| 21-09 | 2021-09-30 | $495.0M |
| 21-12 | 2021-12-31 | $637.0M |
| 22-03 | 2022-03-31 | $667.0M |
| 22-06 | 2022-06-30 | $635.0M |
| 22-09 | 2022-09-30 | $576.0M |
| 22-12 | 2022-12-31 | $670.0M |
| 23-03 | 2023-03-31 | $679.0M |
| 23-06 | 2023-06-30 | $586.0M |
| 23-09 | 2023-09-30 | $532.0M |
| 23-12 | 2023-12-31 | $594.0M |
| 24-03 | 2024-03-31 | $746.0M |
| 24-06 | 2024-06-30 | $575.0M |
| 24-09 | 2024-09-30 | $625.0M |
| 24-12 | 2024-12-31 | $667.0M |
| 25-03 | 2025-03-31 | $717.0M |
| 25-06 | 2025-06-30 | $715.0M |
| 25-09 | 2025-09-30 | $628.0M |
| 25-12 | 2025-12-31 | $996.0M |
| 26-03 | 2026-03-31 | $976.0M |
| 26-06 | 2026-06-30 | $867.0M |
| Period | Period end | Operating income |
|---|---|---|
| 11-06 | 2011-06-30 | $256.6M |
| 18-09 | 2018-09-30 | $1.5B |
| 19-03 | 2019-03-31 | $1.0B |
| 19-06 | 2019-06-30 | $973.0M |
| 19-09 | 2019-09-30 | $951.0M |
| 19-12 | 2019-12-31 | $1.9B |
| 20-03 | 2020-03-31 | $43.0M |
| 20-06 | 2020-06-30 | -$282.0M |
| 20-09 | 2020-09-30 | $819.0M |
| 20-12 | 2020-12-31 | $980.0M |
| 21-03 | 2021-03-31 | $1.9B |
| 21-06 | 2021-06-30 | -$764.0M |
| 21-09 | 2021-09-30 | $844.0M |
| 21-12 | 2021-12-31 | $950.0M |
| 22-03 | 2022-03-31 | $1.0B |
| 22-06 | 2022-06-30 | $1.0B |
| 22-09 | 2022-09-30 | $931.0M |
| 22-12 | 2022-12-31 | $1.1B |
| 23-03 | 2023-03-31 | $1.2B |
| 23-06 | 2023-06-30 | $1.0B |
| 23-09 | 2023-09-30 | $938.0M |
| 23-12 | 2023-12-31 | $1.1B |
| 24-03 | 2024-03-31 | $1.2B |
| 24-06 | 2024-06-30 | $1.0B |
| 24-09 | 2024-09-30 | $1.0B |
| 24-12 | 2024-12-31 | $1.1B |
| 25-03 | 2025-03-31 | $1.1B |
| 25-06 | 2025-06-30 | $1.2B |
| 25-09 | 2025-09-30 | $1.1B |
| 25-12 | 2025-12-31 | $1.4B |
| 26-03 | 2026-03-31 | $1.4B |
| 26-06 | 2026-06-30 | $1.3B |
Grade history
Point-in-time: each period shows the grade of the quarter it ends at — grades are never summed or averaged across a window.
Hover to read every grade at a period · shared with the trends chart · axis fixed 0–100
| Period | Period end | Growth | Quality | Safety |
|---|---|---|---|---|
| 11-06 | 2011-06-30 | not scored | not scored | not scored |
| 18-09 | 2018-09-30 | not scored | not scored | not scored |
| 19-03 | 2019-03-31 | not scored | not scored | not scored |
| 19-06 | 2019-06-30 | not scored | not scored | not scored |
| 19-09 | 2019-09-30 | not scored | not scored | not scored |
| 19-12 | 2019-12-31 | not scored | not scored | not scored |
| 20-03 | 2020-03-31 | not scored | not scored | not scored |
| 20-06 | 2020-06-30 | not scored | not scored | not scored |
| 20-09 | 2020-09-30 | not scored | not scored | not scored |
| 20-12 | 2020-12-31 | not scored | not scored | not scored |
| 21-03 | 2021-03-31 | not scored | not scored | not scored |
| 21-06 | 2021-06-30 | not scored | not scored | not scored |
| 21-09 | 2021-09-30 | not scored | not scored | not scored |
| 21-12 | 2021-12-31 | not scored | not scored | not scored |
| 22-03 | 2022-03-31 | not scored | not scored | not scored |
| 22-06 | 2022-06-30 | not scored | not scored | not scored |
| 22-09 | 2022-09-30 | not scored | not scored | not scored |
| 22-12 | 2022-12-31 | not scored | not scored | not scored |
| 23-03 | 2023-03-31 | not scored | not scored | not scored |
| 23-06 | 2023-06-30 | not scored | not scored | not scored |
| 23-09 | 2023-09-30 | 19 | 61 | 39 |
| 23-12 | 2023-12-31 | 33 | 64 | 41 |
| 24-03 | 2024-03-31 | 64 | 65 | 40 |
| 24-06 | 2024-06-30 | 39 | 63 | 40 |
| 24-09 | 2024-09-30 | 37 | 56 | 43 |
| 24-12 | 2024-12-31 | 33 | 65 | 47 |
| 25-03 | 2025-03-31 | 34 | 63 | 45 |
| 25-06 | 2025-06-30 | 70 | 64 | 59 |
| 25-09 | 2025-09-30 | 46 | 59 | 47 |
| 25-12 | 2025-12-31 | 69 | 70 | 54 |
| 26-03 | 2026-03-31 | 77 | 71 | 46 |
| 26-06 | 2026-06-30 | 66 | 73 | 43 |