Kinder Morgan (EP-PC) Tax Rate (2010 - 2026)
Kinder Morgan's (EP-PC) quarterly Tax Rate came in at 23.33% in Q2 2026, up 407.0% on a YoY basis from 4.6% in Q2 2025, and up 4.69% quarter-over-quarter from 22.28% in Q1 2026.
Analysis
Kinder Morgan (EP-PC) Tax Rate (2010 - 2026) Analysis & Trends
Kinder Morgan (EP-PC) has reported Tax Rate for 17 consecutive years, with 23.33% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate rose 407.0% year-over-year to 23.33%; the trailing twelve-month figure through Jun 2026 stood at 22.36% (up 315.0% YoY), and the FY2025 full-year result was 20.84%, up 68.0% from the prior year.
- Tax Rate climbed to 23.33% in Q2 2026 per EP-PC's latest filing, from 22.28% in the prior quarter.
- Across five years, Tax Rate topped out at 25.0% in Q4 2023 and bottomed at 14.79% in Q3 2024.
- Historically, Tax Rate has averaged 21.25% across 5 years, with a median of 21.81% in 2023.
- The sharpest annual moves came in 2024 and 2025: Tax Rate tumbled 592 bps in 2024, then soared 726 bps in 2025.
- Over 5 years, 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 increased by 7 bps to 23.33% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 23.33%, 22.28%, and 21.76% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 23.33% |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 0.64% |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 7.12% |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 5.85% |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 22.61% |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 0.18% |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 23.62% |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 21.97% |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 21.47% |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.33% |
| Mar 31, 2026 | 22.28% |
| Dec 31, 2025 | 21.76% |
| Sep 30, 2025 | 22.05% |
| Jun 30, 2025 | 19.26% |
| Mar 31, 2025 | 20.02% |
| Dec 31, 2024 | 22.11% |
| Sep 30, 2024 | 14.79% |
| Jun 30, 2024 | 21.82% |
| Mar 31, 2024 | 21.28% |
| Dec 31, 2023 | 25.00% |
| Sep 30, 2023 | 20.71% |
| Jun 30, 2023 | 21.59% |
| Mar 31, 2023 | 21.80% |
| Dec 31, 2022 | 22.22% |
| Sep 30, 2022 | 18.38% |
| Jun 30, 2022 | 21.98% |
| Mar 31, 2022 | 22.10% |
| Dec 31, 2021 | 15.61% |
| Sep 30, 2021 | 20.78% |