Kinder Morgan (EP-PC) Tax Rate (2010 - 2026)
Kinder Morgan (EP-PC) reported Tax Rate of 22.28% for Q1 2026, up 226.0% on a YoY basis from 6.84% in Q1 2025, and up 2.39% quarter-over-quarter from 21.76% in Q4 2025.
Kinder Morgan (EP-PC) Tax Rate (2010 - 2026) Analysis & Trends
Kinder Morgan has reported Tax Rate for 17 years, with the latest figure at 22.28% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 226.0% year-over-year to 22.28%; the trailing twelve-month figure through Mar 2026 stood at 21.44% (up 165.0% YoY), and the FY2025 full-year result was 20.84%, up 68.0% from the prior year.
- Tax Rate for Q1 2026 stood at 22.28%, up from 21.76% in the prior quarter.
- The five-year high for Tax Rate was 25.0% in Q4 2023, with the low at 14.79% in Q3 2024.
- Historically, Tax Rate has averaged 21.13% across 5 years, with a median of 21.8% in 2023.
- Annual changes were most pronounced in 2024 — Tax Rate slumped 592 bps — and 2025, when it surged 726 bps.
- Kinder Morgan's Tax Rate stood at 22.22% in 2022, then grew by 13 bps to 25.0% in 2023, then dropped by 12 bps to 22.11% in 2024, then decreased by 2 bps to 21.76% in 2025, then grew by 2 bps to 22.28% in 2026.
- The last three Tax Rate figures came in at 22.28% (Q1 2026), 21.76% (Q4 2025), and 22.05% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 24.82% |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 1.45% |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 22.28% |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 6.40% |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 0.11% |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 20.27% |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 24.00% |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 10.04% |
| 10 | Kinder Morgan | - | - | 3.08 Bn | 22.28% |
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% |