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% YoY 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 15 years of Gross Margin data on file, last reported at 68.62% 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 climbed to 68.62% in Q2 2026, from 63.77% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 72.93% in Q2 2024 to a low of 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 slumped 2237 bps — and 2023, when it surged 2435 bps.
- Tracing EP-PC's Gross Margin over 5 years: stood at 57.17% in 2022, then grew by 17 bps to 66.64% in 2023, then climbed by 3 bps to 68.92% in 2024, then fell by 1 bps to 67.9% in 2025, then increased by 1 bps to 68.62% in 2026.
- The last three Gross Margin figures came in at 68.62% (Q2 2026), 63.77% (Q1 2026), and 67.9% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 68.62% |
| 2 | Enbridge | 111.03 Bn | 109.54 Bn | 5.23 Bn | 24.69% |
| 3 | Enterprise Products Partners | 83.34 Bn | 82.44 Bn | - | - |
| 4 | Energy Transfer | 72.41 Bn | 71.38 Bn | 7.40 Bn | 21.55% |
| 5 | Tc Energy | 65.97 Bn | 58.41 Bn | 1.24 Bn | 95.91% |
| 6 | Oneok | 60.11 Bn | 59.94 Bn | 2.81 Bn | 23.30% |
| 7 | Mplx | 60.04 Bn | 59.01 Bn | 2.73 Bn | 82.28% |
| 8 | Targa Resources | 59.42 Bn | 59.29 Bn | 2.14 Bn | 48.15% |
| 9 | Cheniere Energy | 56.10 Bn | 54.85 Bn | 5.29 Bn | 92.34% |
| 10 | Venture Global | 34.30 Bn | 31.08 Bn | 2.92 Bn | 63.74% |
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% |