KINDER MORGAN INC (KMI) Stock Fundamental Analysis
USA • New York Stock Exchange • NYSE:KMI • US49456B1017
30.49 USD
+0.25 (+0.83%)
At close: Jan 30, 2026
30.49 USD
0 (0%)
After Hours: 1/30/2026, 8:04:00 PM
Overall KMI gets a fundamental rating of 4 out of 10. We evaluated KMI against 207 industry peers in the Oil, Gas & Consumable Fuels industry. KMI has a medium profitability rating, but doesn't score so well on its financial health evaluation. While showing a medium growth rate, KMI is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
- KMI had positive earnings in the past year.
- In the past year KMI had a positive cash flow from operations.
- Each year in the past 5 years KMI has been profitable.
- KMI had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 3.75%, KMI is in line with its industry, outperforming 54.59% of the companies in the same industry.
- The Return On Equity of KMI (8.83%) is comparable to the rest of the industry.
- KMI has a Return On Invested Capital of 5.28%. This is comparable to the rest of the industry: KMI outperforms 45.89% of its industry peers.
- KMI had an Average Return On Invested Capital over the past 3 years of 5.35%. This is significantly below the industry average of 21.94%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.75% | ||
| ROE | 8.83% | ||
| ROIC | 5.28% |
ROA(3y)3.72%
ROA(5y)3.46%
ROE(3y)8.7%
ROE(5y)8.02%
ROIC(3y)5.35%
ROIC(5y)5.29%
1.3 Margins
- With a decent Profit Margin value of 16.54%, KMI is doing good in the industry, outperforming 69.57% of the companies in the same industry.
- In the last couple of years the Profit Margin of KMI has grown nicely.
- KMI has a better Operating Margin (27.68%) than 69.08% of its industry peers.
- In the last couple of years the Operating Margin of KMI has remained more or less at the same level.
- KMI's Gross Margin of 49.12% is in line compared to the rest of the industry. KMI outperforms 59.90% of its industry peers.
- KMI's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 27.68% | ||
| PM (TTM) | 16.54% | ||
| GM | 49.12% |
OM growth 3Y9.91%
OM growth 5Y-1.35%
PM growth 3Y10.79%
PM growth 5Y81.72%
GM growth 3Y9.1%
GM growth 5Y-2.89%
2. Health
2.1 Basic Checks
- KMI has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- The number of shares outstanding for KMI remains at a similar level compared to 1 year ago.
- The number of shares outstanding for KMI has been reduced compared to 5 years ago.
- Compared to 1 year ago, KMI has an improved debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 1.19, we must say that KMI is in the distress zone and has some risk of bankruptcy.
- KMI has a Altman-Z score (1.19) which is comparable to the rest of the industry.
- KMI has a debt to FCF ratio of 15.03. This is a negative value and a sign of low solvency as KMI would need 15.03 years to pay back of all of its debts.
- KMI has a Debt to FCF ratio (15.03) which is in line with its industry peers.
- A Debt/Equity ratio of 1.02 is on the high side and indicates that KMI has dependencies on debt financing.
- KMI's Debt to Equity ratio of 1.02 is on the low side compared to the rest of the industry. KMI is outperformed by 69.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.02 | ||
| Debt/FCF | 15.03 | ||
| Altman-Z | 1.19 |
ROIC/WACC0.63
WACC8.36%
2.3 Liquidity
- A Current Ratio of 0.63 indicates that KMI may have some problems paying its short term obligations.
- KMI has a worse Current ratio (0.63) than 76.33% of its industry peers.
- A Quick Ratio of 0.49 indicates that KMI may have some problems paying its short term obligations.
- KMI has a worse Quick ratio (0.49) than 83.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.63 | ||
| Quick Ratio | 0.49 |
3. Growth
3.1 Past
- KMI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 12.07%, which is quite good.
- KMI shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.87% yearly.
- Looking at the last year, KMI shows a quite strong growth in Revenue. The Revenue has grown by 12.17% in the last year.
- KMI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.68% yearly.
EPS 1Y (TTM)12.07%
EPS 3Y4.17%
EPS 5Y7.87%
EPS Q2Q%21.88%
Revenue 1Y (TTM)12.17%
Revenue growth 3Y-4.09%
Revenue growth 5Y7.68%
Sales Q2Q%14.39%
3.2 Future
- The Earnings Per Share is expected to grow by 7.58% on average over the next years.
- Based on estimates for the next years, KMI will show a small growth in Revenue. The Revenue will grow by 5.80% on average per year.
EPS Next Y6.62%
EPS Next 2Y7.42%
EPS Next 3Y5.93%
EPS Next 5Y7.58%
Revenue Next Year4.57%
Revenue Next 2Y5.12%
Revenue Next 3Y5.1%
Revenue Next 5Y5.8%
3.3 Evolution
- The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 23.45, KMI is valued on the expensive side.
- The rest of the industry has a similar Price/Earnings ratio as KMI.
- When comparing the Price/Earnings ratio of KMI to the average of the S&P500 Index (28.32), we can say KMI is valued inline with the index average.
- KMI is valuated rather expensively with a Price/Forward Earnings ratio of 22.00.
- KMI's Price/Forward Earnings ratio is in line with the industry average.
- When comparing the Price/Forward Earnings ratio of KMI to the average of the S&P500 Index (25.57), we can say KMI is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.45 | ||
| Fwd PE | 22 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of KMI indicates a slightly more expensive valuation: KMI is more expensive than 64.25% of the companies listed in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of KMI is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 31.3 | ||
| EV/EBITDA | 14.39 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)3.55
PEG (5Y)2.98
EPS Next 2Y7.42%
EPS Next 3Y5.93%
5. Dividend
5.1 Amount
- KMI has a Yearly Dividend Yield of 3.87%.
- KMI's Dividend Yield is a higher than the industry average which is at 3.64.
- KMI's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.87% |
5.2 History
- The dividend of KMI has a limited annual growth rate of 3.80%.
- KMI has been paying a dividend for at least 10 years, so it has a reliable track record.
- KMI has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)3.8%
Div Incr Years7
Div Non Decr Years8
5.3 Sustainability
- KMI pays out 95.47% of its income as dividend. This is not a sustainable payout ratio.
- KMI's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP95.47%
EPS Next 2Y7.42%
EPS Next 3Y5.93%
KINDER MORGAN INC / KMI FAQ
What is the fundamental rating for KMI stock?
ChartMill assigns a fundamental rating of 4 / 10 to KMI.
What is the valuation status of KINDER MORGAN INC (KMI) stock?
ChartMill assigns a valuation rating of 2 / 10 to KINDER MORGAN INC (KMI). This can be considered as Overvalued.
How profitable is KINDER MORGAN INC (KMI) stock?
KINDER MORGAN INC (KMI) has a profitability rating of 5 / 10.
What are the PE and PB ratios of KINDER MORGAN INC (KMI) stock?
The Price/Earnings (PE) ratio for KINDER MORGAN INC (KMI) is 23.45 and the Price/Book (PB) ratio is 2.21.
What is the financial health of KINDER MORGAN INC (KMI) stock?
The financial health rating of KINDER MORGAN INC (KMI) is 2 / 10.