KMI Stock Analysis: Kinder Morgan | NYSE
Oil & Gas Midstream | NYSE, USA | Market Cap: 72.040m USD | 12M Return: 21.5% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 298M
EPS Trend: 88.8%
Qual. Beats: 3
Rev. Trend: 83.9%
Qual. Beats: 1
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Kinder Morgan, Inc. (NYSE: KMI) is a Houston-based energy infrastructure company operating primarily in North America through four business segments: Natural Gas Pipelines, Products Pipelines, Terminals, and CO2. Its assets include interstate and intrastate natural gas transmission and storage systems, refined petroleum and crude oil pipelines, liquids and bulk terminals, and CO2 production and transportation operations used for enhanced oil recovery. The company operates within the midstream energy sector (GICS Sub Industry: Oil & Gas Storage & Transportation), which focuses on the transportation, storage, and processing of hydrocarbons rather than exploration and production, and typically generates revenue largely through long-term, fee-based contracts with regulated or contractual rate structures. Founded in 1997 and renamed Kinder Morgan, Inc. in February 2011, KMI is classified as a large-cap stock with a market capitalization of approximately $70.3 billion.
- LNG export demand lifts natural gas pipeline throughput volumes
- FERC tariff rulings shape pipeline segment revenue trajectory
- Dividend growth backed by disciplined capex and debt reduction
| Net Income: 3.47b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA 1.46 > 1.0 |
| NWC/Revenue: -18.58% < 20% (prev -7.20%; Δ -11.38% < -1%) |
| CFO/TA 0.09 > 3% & CFO 6.62b > Net Income 3.47b |
| Net Debt (32.1b) to EBITDA (8.06b): 3.97 < 3 |
| Current Ratio: 0.03 > 1.5 & < 3 |
| Outstanding Shares: last quarter (2.23b) vs 12m ago 0.14% < -2% |
| Gross Margin: 54.89% > 18% (prev 35.81%; Δ 19.08% > 0.5%) |
| Asset Turnover: 24.53% > 50% (prev 22.02%; Δ 2.50% > 0%) |
| Interest Coverage Ratio: 3.19 > 6 (EBIT TTM 5.58b / Interest Expense TTM 1.75b) |
| A: -0.05 (Total Current Assets 89.0m - Total Current Liabilities 3.42b) / Total Assets 74.1b |
| B: -0.13 (Retained Earnings -9.66b / Total Assets 74.1b) |
| C: 0.08 (EBIT TTM 5.58b / Avg Total Assets 73.2b) |
| D: 0.77 (Book Value of Equity 31.6b / Total Liabilities 41.2b) |
| Altman-Z'' = 0.60 = B |
As of July 28, 2026, the stock is trading at USD 31.75 with a total of 10,456,398 shares traded. Over the past week, the price has changed by -2.55%, over one month by -1.61%, over three months by +3.53% and over the past year by +21.51%.
Current recommended Stop Loss: 30.30 (which is 4.6% or 2 ATR below the current price).
Kinder Morgan has received a consensus analysts rating of 3.87. Therefore, it is recommended to buy KMI.
- StrongBuy: 9
- Buy: 2
- Hold: 12
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 35.3 | 11.3% |
P/E Trailing = 21.8054
P/E Forward = 23.5294
P/S = 4.1229
P/B = 2.3078
P/EG = 3.847
Revenue TTM = 18.0b USD
EBIT TTM = 5.58b USD
EBITDA TTM = 8.06b USD
Long Term Debt = 30.8b USD (from longTermDebt, last fiscal year)
Short Term Debt = 2.44b USD (from shortTermDebt, last quarter)
Debt = 32.1b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 32.1b USD (calculated: Debt 32.1b - CCE 89.0m)
Enterprise Value = 104b USD (72.0b + Debt 32.1b - CCE 89.0m)
Interest Coverage Ratio = 3.19 (Ebit TTM 5.58b / Interest Expense TTM 1.75b)
EV/FCF = 26.92x (Enterprise Value 104b / FCF TTM 3.87b)
FCF Yield = 3.71% (FCF TTM 3.87b / Enterprise Value 104b)
FCF Margin = 21.53% (FCF TTM 3.87b / Revenue TTM 18.0b)
Net Margin = 19.31% (Net Income TTM 3.47b / Revenue TTM 18.0b)
Gross Margin = 54.89% ((Revenue TTM 18.0b - Cost of Revenue TTM 8.10b) / Revenue TTM)
Gross Margin QoQ = 68.62% (prev 49.05%)
Tobins Q-Ratio = 1.41 (Enterprise Value 104b / Total Assets 74.1b)
Interest Expense / Debt = 5.45% (Interest Expense 1.75b / Debt 32.1b)
Taxrate = 22.36% (1.03b / 4.60b)
NOPAT = 4.34b (EBIT 5.58b * (1 - 22.36%))
Current Ratio = 0.03 (Total Current Assets 89.0m / Total Current Liabilities 3.42b)
Debt / Equity = 1.02 (Debt 32.1b / totalStockholderEquity, last quarter 31.6b)
Debt / EBITDA = 3.97 (Net Debt 32.1b / EBITDA 8.06b)
Debt / FCF = 8.29 (Net Debt 32.1b / FCF TTM 3.87b)
Total Stockholder Equity = 31.2b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.74% (Net Income 3.47b / Total Assets 74.1b)
RoE = 11.11% (Net Income TTM 3.47b / Total Stockholder Equity 31.2b)
RoCE = 9.01% (EBIT 5.58b / Capital Employed (Equity 31.2b + L.T.Debt 30.8b))
RoIC = 5.94% (NOPAT 4.34b / Invested Capital 73.0b)
WACC = 6.02% (E(72.0b)/V(104b) * Re(6.81%) + D(32.1b)/V(104b) * Rd(5.45%) * (1-Tc(0.22)))
Discount Rate = 6.81% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 94.45 | Cagr: 0.10%
[DCF] Terminal Value 77.97% ; FCFF base≈3.41b ; Y1≈3.91b ; Y5≈5.75b
[DCF] Fair Price = 24.50 (EV 86.6b - Net Debt 32.1b = Equity 54.5b / Shares 2.22b; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 88.78 | EPS CAGR: 11.47% | SUE: 1.70 | # QB: 3
Revenue Correlation: 83.90 | Revenue CAGR: 5.89% | SUE: 0.84 | # QB: 1
EPS current Quarter (2026-09-30): EPS=0.32 | Chg30d=-0.34% | Revisions=+40% | Analysts=11
EPS current Year (2026-12-31): EPS=1.49 | Chg30d=-0.49% | Revisions=+62% | GrowthEPS=+14.2% | GrowthRev=+6.2%
EPS next Year (2027-12-31): EPS=1.50 | Chg30d=-0.29% | Revisions=+12% | GrowthEPS=+1.2% | GrowthRev=+3.4%
[Analyst] Revisions Ratio: +53% (up=10, down=2)