Kinder Morgan (EP-PC) Operating Margin (2010 - 2026)

Kinder Morgan (EP-PC) reported Operating Margin of 29.91% for Q1 2026, up 291.0% on a YoY basis from 7.65% in Q1 2025, and down 1.15% quarter-over-quarter from 30.26% in Q4 2025.

Kinder Morgan (EP-PC) Operating Margin (2010 - 2026) Analysis & Trends

Kinder Morgan has reported Operating Margin for 17 years, with the latest figure at 29.91% in Q1 2026.

  • For the quarter ending Q1 2026, Operating Margin rose 291.0% year-over-year to 29.91%; the trailing twelve-month figure through Mar 2026 stood at 28.66% (up 88.0% YoY), and the FY2025 full-year result was 27.89%, down 114.0% from the prior year.
  • Operating Margin for Q1 2026 stood at 29.91%, down from 30.26% in the prior quarter.
  • The five-year high for Operating Margin was 31.83% in Q1 2024, with the low at 17.98% in Q3 2022.
  • Historically, Operating Margin has averaged 26.72% across 5 years, with a median of 27.44% in 2024.
  • The largest YoY upside for Operating Margin was 4378 bps in 2022 against a maximum downside of 1234 bps in 2022.
  • Kinder Morgan's Operating Margin stood at 24.11% in 2022, then rose by 13 bps to 27.27% in 2023, then grew by 2 bps to 27.79% in 2024, then gained by 9 bps to 30.26% in 2025, then decreased by 1 bps to 29.91% in 2026.
  • The last three Operating Margin figures came in at 29.91% (Q1 2026), 30.26% (Q4 2025), and 25.64% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 14.43%
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 13.17%
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 29.91%
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 10.74%
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 39.96%
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 20.68%
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 14.85%
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 68.07%
10 Kinder Morgan - - 3.08 Bn 29.91%

Historic Data

Download Data
DateValue
Mar 31, 2026 29.91%
Dec 31, 2025 30.26%
Sep 30, 2025 25.64%
Jun 30, 2025 28.50%
Mar 31, 2025 27.00%
Dec 31, 2024 27.79%
Sep 30, 2024 27.44%
Jun 30, 2024 29.06%
Mar 31, 2024 31.83%
Dec 31, 2023 27.27%
Sep 30, 2023 24.01%
Jun 30, 2023 29.42%
Mar 31, 2023 30.71%
Dec 31, 2022 24.11%
Sep 30, 2022 17.98%
Jun 30, 2022 19.53%
Mar 31, 2022 23.85%
Dec 31, 2021 21.47%
Sep 30, 2021 22.07%
Jun 30, 2021 -24.25%