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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›KMI›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

KINDER MORGAN, INC. (KMI) financials

Income statement

KINDER MORGAN, INC. (KMI) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$13.1B$13.7B$13.3B$12.1B$10.1B$16.2B$18.1B$13.6B$13.5B$15.2B
Revenue growth—5.0%-2.8%-9.3%-16.4%60.0%12.2%-24.7%-1.2%12.7%
Operating income$3.54B$3.53B$3.79B$4.87B$1.56B$2.92B$4.07B$4.26B$4.38B$4.72B
Operating margin27.1%25.7%28.5%40.3%15.5%18.1%22.4%31.2%32.5%31.1%
Net income$708M$183M$1.61B$2.19B$119M$1.78B$2.55B$2.39B$2.61B$3.06B
Net margin5.4%1.3%12.1%18.1%1.2%11.0%14.1%17.5%19.4%20.1%
EPS (diluted)$0.25$0.01$0.66$0.96$0.05$0.78$1.12$1.06$1.17$1.37

Cash flow

KINDER MORGAN, INC. (KMI) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$4.76B$4.60B$5.04B$4.75B$4.55B$5.71B$4.97B$6.49B$5.63B$5.92B
Capital expenditures$2.88B$3.19B$2.90B$2.27B$1.71B$1.28B$1.62B$2.32B$2.63B$3.03B
Free cash flow$1.88B$1.41B$2.14B$2.48B$2.84B$4.43B$3.35B$4.17B$3.01B$2.89B
Share buybacks$0.00$250M$273M$2.00M$50.0M$0.00$368M$522M$7.00M$0.00
Dividends paid$1.12B$1.12B$1.62B$2.16B$2.36B$2.44B$2.50B$2.53B$2.56B$2.60B

Balance sheet

KINDER MORGAN, INC. (KMI) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$684M$264M$3.28B$185M$1.18B$1.14B$745M$83.0M$88.0M$63.0M
Total assets$80.3B$79.1B$78.9B$74.2B$72.0B$70.4B$70.1B$71.0B$71.4B$72.7B
Total liabilities$45.5B$43.9B$43.7B$39.3B$39.4B$38.5B$38.0B$39.3B$39.5B$40.3B
Long-term debt$37.4B$35.0B$33.9B$31.9B$32.1B$30.7B$28.4B$28.1B$29.9B$30.8B
Shareholders' equity$34.4B$33.6B$33.7B$33.7B$31.4B$30.8B$30.7B$30.3B$30.5B$31.2B
Retained earnings-$6.67B-$7.75B-$7.72B-$7.69B-$9.94B-$10.6B-$10.6B-$10.7B-$10.6B-$10.2B
Shares (wtd avg diluted)2.23B2.23B—2.26B2.26B2.27B2.26B2.23B2.22B2.22B

Every figure is extracted from KINDER MORGAN, INC.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is KINDER MORGAN, INC.'s annual revenue?
KINDER MORGAN, INC. (KMI) reported $15.2B of revenue for fiscal year 2025 — up 12.7% from $13.5B in FY2024, per its annual report filed with the SEC.
Is KINDER MORGAN, INC. profitable?
Yes — KMI earned $3.06B of net income in FY2025, a 20.1% net margin, per SEC filings.
What is KINDER MORGAN, INC.'s free cash flow?
$2.89B in FY2025 (operating cash flow $5.92B minus $3.03B of capital expenditures), from the SEC cash-flow statement.
Does KMI pay a dividend?
Yes — KINDER MORGAN, INC. paid $2.60B in cash dividends during FY2025, per its SEC cash-flow statement.
Full KMI analysis — verdict, score & filings →Is KMI a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.