Kinder Morgan (KMI) Debt to Equity (2010 - 2026)
Kinder Morgan (KMI) posted Debt to Equity of $1.02 for Q1 2026, up 3.77% on a QoQ basis from $0.99 in Q4 2025, and down 1.01% year-over-year from $1.03 in Q1 2025.
Kinder Morgan (KMI) Debt to Equity (2010 - 2026) Analysis & Trends
Kinder Morgan (KMI) has reported Debt to Equity for 17 consecutive years, with $1.02 the latest figure, recorded in Q1 2026.
- Debt to Equity for Q1 2026 came in at $1.02, down 1.01% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.02 (down 1.01% YoY), and the FY2025 annual result was $0.99, down 1.45% from the prior year.
- Debt to Equity was $1.02 for Q1 2026 at Kinder Morgan, up from $0.99 in the prior quarter.
- Over five years, Debt to Equity peaked at $1.03 in Q1 2025 and troughed at $0.91 in Q2 2023.
- A 5-year average of $0.98 and a median of $0.99 in 2022 frame the typical range for Debt to Equity.
- Annual changes were most pronounced in 2022 — Debt to Equity dropped 13.01% — and 2025, when it advanced 11.73%.
- Year by year, Debt to Equity stood at $0.99 in 2022, then rose by 2.26% to $1.01 in 2023, then dropped by 1.13% to $1.0 in 2024, then slipped by 1.45% to $0.99 in 2025, then advanced by 3.77% to $1.02 in 2026.
- Per Business Quant, the three latest KMI Debt to Equity figures stand at $1.02 (Q1 2026), $0.99 (Q4 2025), and $1.02 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 1.66 |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 1.02 |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 1.12 |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 2.01 |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 5.85 |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 1.79 |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 1.43 |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 182.28 |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 3.41 |
| 10 | Kinder Morgan | - | - | 3.08 Bn | 1.02 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.02 |
| Dec 31, 2025 | 0.99 |
| Sep 30, 2025 | 1.02 |
| Jun 30, 2025 | 1.02 |
| Mar 31, 2025 | 1.03 |
| Dec 31, 2024 | 1.00 |
| Sep 30, 2024 | 0.95 |
| Jun 30, 2024 | 0.91 |
| Mar 31, 2024 | 0.96 |
| Dec 31, 2023 | 1.01 |
| Sep 30, 2023 | 0.98 |
| Jun 30, 2023 | 0.91 |
| Mar 31, 2023 | 0.98 |
| Dec 31, 2022 | 0.99 |
| Sep 30, 2022 | 0.92 |
| Jun 30, 2022 | 1.00 |
| Mar 31, 2022 | 1.01 |
| Dec 31, 2021 | 1.04 |
| Sep 30, 2021 | 1.06 |
| Jun 30, 2021 | 1.07 |