Kinder Morgan, Inc. (KMI) Financial Statements
Kinder Morgan financial statements at a glance
Kinder Morgan reported revenue of $16.94 billion for fiscal year 2025 (ended December 31, 2025), up 12.2% from fiscal year 2024. Net income was $3.06 billion, a net margin of 18.0%.
At the end of fiscal year 2025 it had total assets of $72.75 billion, total liabilities of $41.59 billion and shareholders' equity of $31.16 billion, with total debt of $32.00 billion.
Its operations brought in $5.92 billion of cash.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.
Kinder Morgan, Inc.
Income Statement
Annual • USD
Kinder Morgan key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $16.9B | $15.1B | $15.3B | $19.2B | $16.6B |
| Gross profit | $8.4B | $7.8B | $7.6B | $7.3B | $8.0B |
| Operating income | $4.8B | $4.5B | $4.2B | $4.1B | $4.5B |
| Net income | $3.1B | $2.6B | $2.4B | $2.5B | $1.8B |
| Diluted EPS | – | – | – | – | $0.78 |
| Total assets | $72.7B | $71.4B | $71.0B | $70.1B | $70.4B |
| Total liabilities | $41.6B | $40.9B | $40.7B | $39.3B | $38.5B |
| Shareholders' equity | $31.2B | $30.5B | $30.3B | $30.7B | $30.8B |
| Cash | – | – | – | – | $1.1B |
| Total debt | $32.0B | $31.9B | $32.1B | $31.8B | $33.2B |
| Operating cash flow | $5.9B | $5.6B | $6.5B | $5.0B | $5.7B |
| Capital spending | – | – | – | – | $1.3B |
| Free cash flow | – | – | – | – | $4.4B |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was Kinder Morgan's revenue in fiscal year 2025?
$16.94 billion, up 12.2% from $15.10 billion in fiscal year 2024.
How much profit does Kinder Morgan make?
Kinder Morgan reported net income of $3.06 billion for fiscal year 2025 (18.0% of revenue); operating income was $4.85 billion.
How much cash and debt does Kinder Morgan have?
At the end of fiscal year 2025: total debt of $32.00 billion.
