Valuation dashboard for Kinder Morgan, Inc. (KMI) with P/E 20.91, P/B 2.40, EV/EBITDA 13.98 and dividend yield 3.46%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Energy companies.
Kinder Morgan, Inc. operates as a leading energy infrastructure company across North America. Its extensive operations are categorized into four primary business segments: Natural Gas Pipelines, Products Pipelines, Terminals, and CO2. The Natural Gas Pipelines segment manages a vast network of interstate and intrastate natural gas pipelines, along with underground storage systems.
Analysis Summary
Kinder Morgan, Inc. reported revenue of $16.95B in the most recent fiscal year, growing at a 5-year CAGR of 8.1%. Net income reached $3.06B, with a 91.4% 5-year CAGR.
Trailing-twelve-month margins: gross margin 56.7%, operating margin 29.0%, net margin 19.6%.
At $33.87 (closing price, October 30, 2026), KMI trades at a P/E of 20.91 and an ROE of 11.46%. Market capitalisation stands at $75.5B, placing it among large-cap names.
Balance sheet quality for KMI: current ratio of 0.6. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Valuation Ratios
| P/E Ratio | 20.91 |
| Price / Book | 2.40 |
| EV / EBITDA | 13.98 |
| Dividend Yield | 3.46% |
Valuation Models
| DCF Fair Value | $39.62 |
| vs Current Price | +17.0% |
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| KMI | Kinder Morgan, Inc. | $75.5B | 20.91 | 2.40 | 11.5% |
| PAA | Plains All American Pipeline, L.P. | $18.7B | 7.34 | 1.71 | 27.5% |
| WMB | The Williams Companies, Inc. | $90.9B | 29.50 | 6.90 | 23.9% |
| EPD | Enterprise Products Partners L.P. | $82.4B | 12.67 | 2.75 | 22.2% |
| MPLX | MPLX Lp | $61.0B | 12.94 | 4.35 | 33.4% |
| OKE | ONEOK, Inc. | $61.2B | 15.07 | 2.63 | 17.9% |
| TRGP | Targa Resources Corp. | $67.5B | 30.00 | 18.52 | 72.1% |
| TCPA | TransCanada PipeLines Limited 6 | $20.1B | 6.02 | 0.78 | 14.1% |
Price
| Price | $33.87 (closing price, October 30, 2026) |
| Market Cap | $75.5B |
| Exchange | NYSE |
| Country | US |
Profitability
| Return on Equity | 11.46% |
| Return on Invested Capital | 5.78% |
| Return on Assets | 4.78% |
| Gross Margin | 56.67% |
| Operating Margin | 28.97% |
| Net Margin | 19.64% |
Related companies: PAA · WMB · EPD · MPLX · OKE · TRGP · TCPA
Explore sector: Energy · Oil & Gas Midstream
More sections of KMI: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events
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