Kinder Morgan (EP-PC) Tax Rate (2010 - 2026)
Kinder Morgan (EP-PC) posted Tax Rate of 22.28% for Q1 2026, up 2.39% on a QoQ basis from 21.76% in Q4 2025, and up 226.0% year-over-year from 6.84% in Q1 2025.
Kinder Morgan (EP-PC) Tax Rate (2010 - 2026) Analysis & Trends
Kinder Morgan (EP-PC) has reported Tax Rate for 17 consecutive years, with 22.28% the latest figure, recorded in Q1 2026.
- Tax Rate for Q1 2026 came in at 22.28%, up 226.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 21.44% (up 165.0% YoY), and the FY2025 annual result was 20.84%, up 68.0% from the prior year.
- Tax Rate was 22.28% for Q1 2026 at Kinder Morgan, up from 21.76% in the prior quarter.
- Over five years, Tax Rate peaked at 25.0% in Q4 2023 and troughed at 14.79% in Q3 2024.
- A 5-year average of 21.13% and a median of 21.8% in 2023 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2024 — Tax Rate sank 592 bps — and 2025, when it soared 726 bps.
- Year by year, Tax Rate stood at 22.22% in 2022, then rose by 13 bps to 25.0% in 2023, then fell by 12 bps to 22.11% in 2024, then dropped by 2 bps to 21.76% in 2025, then rose by 2 bps to 22.28% in 2026.
- Per Business Quant, the three latest EP-PC Tax Rate figures stand at 22.28% (Q1 2026), 21.76% (Q4 2025), and 22.05% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 24.82% |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 22.28% |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 1.45% |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 6.40% |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 20.27% |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 0.11% |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 24.00% |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | - |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 15.08% |
| 10 | Plains All American Pipeline | 15.72 Bn | 15.54 Bn | 977.00 Mn | 64.48% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.28% |
| Mar 31, 2026 | 22.28% |
| Dec 31, 2025 | 21.76% |
| Dec 31, 2025 | 21.76% |
| Sep 30, 2025 | 22.05% |
| Sep 30, 2025 | 22.05% |
| Jun 30, 2025 | 19.26% |
| Jun 30, 2025 | 19.26% |
| Mar 31, 2025 | 20.02% |
| Mar 31, 2025 | 20.02% |
| Dec 31, 2024 | 22.11% |
| Dec 31, 2024 | 22.11% |
| Sep 30, 2024 | 14.79% |
| Sep 30, 2024 | 14.79% |
| Jun 30, 2024 | 21.82% |
| Jun 30, 2024 | 21.82% |
| Mar 31, 2024 | 21.28% |
| Mar 31, 2024 | 21.28% |
| Dec 31, 2023 | 25.00% |
| Dec 31, 2023 | 25.00% |