FY2025 · ended Dec 31, 2025 · Revenue $15.20B, +12.7% YoY · Filed Feb 13, 2026
Kinder Morgan, Inc. (KMI) files with the SEC under industry code 4922, Natural Gas Transmission. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $15.2 billion and net income of $3.1 billion. Free cash flow was $2.9 billion. As of Sep 30, 2026 it held $8.8 billion in cash and investments and $31.3 billion in total debt.
Revenue (TTM)
$16.75B
+13.4% vs year-ago TTM
Net income (TTM)
$3.60B
+32.1% vs year-ago TTM
Operating cash flow (TTM)
$6.73B
+17.4% vs year-ago TTM
Free cash flow (TTM)
$3.08B
+11.8% vs year-ago TTM
EPS (TTM)
$1.62
+31.9% vs year-ago TTM
Dividend per share (TTM)
$1.19
+1.7% vs year-ago TTM
Shares outstanding
2.22B
+0.1% vs prior year
Net cash
$-22.59B
as of Sep 30, 2026
Operating margin
31.7%
FY 2026
Company profile
- Industry
- Natural Gas Transmission (SIC 4922)
- Listed as
- KMI (NYSE), EP-PC (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Houston, TX
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1506307
- Former names
- Kinder Morgan Holdco LLC (until Feb 11, 2011)
Other Natural Gas Transmission companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $15.2B | $13.5B | $13.6B | $18.1B | $16.2B |
| Operating income | $4.7B | $4.4B | $4.3B | $4.1B | $2.9B |
| Net income | $3.1B | $2.6B | $2.4B | $2.5B | $1.8B |
| Diluted EPS | $1.37 | $1.17 | $1.06 | $1.12 | $0.78 |
| Operating cash flow | $5.9B | $5.6B | $6.5B | $5.0B | $5.7B |
| Free cash flow | $2.9B | $3.0B | $4.2B | $3.3B | $4.4B |
| Total assets | $72.7B | $71.4B | $71.0B | $70.1B | $70.4B |
| Total liabilities | $40.3B | $39.5B | $39.3B | $38.0B | $38.5B |
| Stockholders' equity | $31.2B | $30.5B | $30.3B | $30.7B | $30.8B |
| Cash and investments | $7.6B | $7.9B | $8.0B | $8.4B | $8.7B |
| Total debt | $31.0B | $30.1B | $28.4B | $28.7B | $31.0B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Oct 23, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Oct 21, 2026 | Oct 21, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Sep 28, 2026 | Sep 25, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Sep 4, 2026 | Sep 3, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Aug 10, 2026 | Aug 7, 2026 |
| 8-K |
Current report
Other events
|
Aug 3, 2026 | Jul 28, 2026 |
All 1000 Kinder Morgan, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.