Kinder Morgan (EP-PC) Gross Margin (2012 - 2026)
Kinder Morgan's (EP-PC) quarterly Gross Margin came in at 68.62% in Q2 2026, down 142.0% on a YoY basis from 163.37% in Q2 2025, and up 7.59% quarter-over-quarter from 63.77% in Q1 2026.
Powered by 
Analysis
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.
- For the quarter ending Q2 2026, Gross Margin fell 142.0% year-over-year to 68.62%; the trailing twelve-month figure through Jun 2026 stood at 66.61% (down 239.0% YoY), and the FY2025 full-year result was 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.
- Across five years, Gross Margin topped out at 72.93% in Q2 2024 and bottomed at 47.52% in Q3 2022.
- Historically, Gross Margin has averaged 64.86% across 5 years, with a median of 67.27% in 2023.
- The sharpest annual moves came in 2022 and 2023: Gross Margin tumbled 2237 bps in 2022, then soared 2435 bps in 2023.
- Over 5 years, Gross Margin stood at 57.17% in 2022, then rose by 17 bps to 66.64% in 2023, then increased by 3 bps to 68.92% in 2024, then decreased by 1 bps to 67.9% in 2025, then gained 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.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 68.62% |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | - |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 21.55% |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 62.88% |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 48.15% |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 82.28% |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 23.30% |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 24.69% |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 43.36% |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 Bn | - | - |
Historic Data
Download Data
Historic 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% |