Kinder Morgan (KMI) EBITDA Margin (2010 - 2026)
Kinder Morgan (KMI) reported EBITDA Margin of 43.91% for Q2 2026, up 0.17 percentage points from 43.74% a year earlier and up 0.89 percentage points from the prior quarter.
Powered by 
Analysis
Kinder Morgan (KMI) EBITDA Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Kinder Morgan's EBITDA Margin came in at 42.86%, up 0.09 percentage points year-over-year; for FY2025, it came in at 42.37%, down 2.25 percentage points from FY2024.
- EBITDA Margin has a five-year change of +10.55 percentage points (FY2020 to FY2025).
- By year, EBITDA Margin came in at 44.62% in FY2024 (+2.15 pp), 42.47% in FY2023 (+9.92 pp), 32.56% in FY2022 (+2.15 pp) and 30.41% in FY2021 (-1.42 pp).
- Five-year quarterly EBITDA Margin spans a low of 28.63% in Q3 2022 and a high of 47.11% in Q1 2024.
- Year over year, EBITDA Margin has now increased in each of the last three quarters, with an average year-over-year change of -0.12 percentage points over the last eight quarters.
- The high point for year-over-year EBITDA Margin in five years was Q2 2022 (a gain of 37.56 percentage points); the low point was Q4 2021 (a drop of 14.74 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 43.02% (Q1 2026), 43.97% (Q4 2025) and 40.33% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 103.71 Bn | 99.31 Bn | 4.84 Bn | 14.80% |
| 2 | Williams Companies | 91.25 Bn | 89.96 Bn | 2.54 Bn | 58.11% |
| 3 | Enterprise Products Partners | 78.01 Bn | 76.40 Bn | - | 15.75% |
| 4 | Kinder Morgan | 74.45 Bn | 74.15 Bn | 3.07 Bn | 43.91% |
| 5 | Energy Transfer | 70.41 Bn | 63.59 Bn | 7.40 Bn | 15.00% |
| 6 | Tc Energy | 64.14 Bn | 60.22 Bn | 2.81 Bn | 153.90% |
| 7 | Targa Resources | 62.84 Bn | 62.32 Bn | 2.14 Bn | 38.12% |
| 8 | Cheniere Energy | 60.02 Bn | 54.85 Bn | 5.29 Bn | 81.65% |
| 9 | Oneok | 59.03 Bn | 57.42 Bn | 2.81 Bn | 16.43% |
| 10 | Mplx | 57.91 Bn | 51.47 Bn | 2.91 Bn | 52.87% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 43.91% |
| Mar 31, 2026 | 43.02% |
| Dec 31, 2025 | 43.97% |
| Sep 30, 2025 | 40.33% |
| Jun 30, 2025 | 43.74% |
| Mar 31, 2025 | 41.38% |
| Dec 31, 2024 | 43.06% |
| Sep 30, 2024 | 43.63% |
| Jun 30, 2024 | 45.77% |
| Mar 31, 2024 | 47.42% |
| Dec 31, 2023 | 41.60% |
| Sep 30, 2023 | 38.83% |
| Jun 30, 2023 | 45.87% |
| Mar 31, 2023 | 45.68% |
| Dec 31, 2022 | 36.60% |
| Sep 30, 2022 | 28.99% |
| Jun 30, 2022 | 30.44% |
| Mar 31, 2022 | 36.83% |
| Dec 31, 2021 | 34.17% |
| Sep 30, 2021 | 36.38% |
API Access
Kinder Morgan EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=KMI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "KMI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=KMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();