Kinder Morgan (EP-PC) Gross Margin (2012 - 2026)
Kinder Morgan (EP-PC) posted quarterly Gross Margin of 68.62% for Q2 2026, down 142.0% year-on-year from 163.37% in Q2 2025, and up 7.59% on a QoQ basis from 63.77% in Q1 2026.
Kinder Morgan (EP-PC) Gross Margin (2012 - 2026) Analysis & Trends
Kinder Morgan (EP-PC) has reported Gross Margin for 15 consecutive years, with 68.62% the latest figure, recorded in Q2 2026.
- Quarterly Gross Margin fell 142.0% year-over-year to 68.62% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 66.61% (down 239.0% YoY) and the FY2025 annual result came in at 67.36%, down 392.0% from the prior year.
- Gross Margin grew to 68.62% in Q2 2026 per EP-PC's latest filing, from 63.77% in the prior quarter.
- Over the last five years, Gross Margin for EP-PC reached as high as 72.93% in Q2 2024 and fell as low as 47.52% in Q3 2022.
- A 5-year average of 64.86% and a median of 67.27% in 2023 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin sank 2237 bps — and 2023, when it soared 2435 bps.
- Year by year, Gross Margin stood at 57.17% in 2022, then gained by 17 bps to 66.64% in 2023, then rose by 3 bps to 68.92% in 2024, then slipped by 1 bps to 67.9% in 2025, then advanced by 1 bps to 68.62% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 68.62%, 63.77%, and 67.9% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 89.73% |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 76.80% |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 68.62% |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 41.12% |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | - |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 97.17% |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 23.85% |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 41.52% |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 93.41% |
| 10 | Mplx | 58.39 Bn | 56.89 Bn | 1.95 Bn | 82.89% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 68.62% |
| Mar 31, 2026 | 63.77% |
| Dec 31, 2025 | 67.90% |
| Sep 30, 2025 | 66.35% |
| Jun 30, 2025 | 70.04% |
| Mar 31, 2025 | 65.20% |
| Dec 31, 2024 | 68.92% |
| Sep 30, 2024 | 72.32% |
| Jun 30, 2024 | 72.93% |
| Mar 31, 2024 | 71.19% |
| Dec 31, 2023 | 66.64% |
| Sep 30, 2023 | 64.04% |
| Jun 30, 2023 | 72.27% |
| Mar 31, 2023 | 68.75% |
| Dec 31, 2022 | 57.17% |
| Sep 30, 2022 | 47.52% |
| Jun 30, 2022 | 47.91% |
| Mar 31, 2022 | 55.88% |
| Dec 31, 2021 | 55.05% |
| Sep 30, 2021 | 59.23% |