Kinder Morgan (KMI) Enterprise Value (2011 - 2026)
Kinder Morgan (KMI) recorded Enterprise Value of $67.5 billion in Q3 2026, up 5.1% from $64.2 billion a year earlier but down 6.6% from the prior quarter.
Kinder Morgan (KMI) Enterprise Value (2011 - 2026) Analysis & Trends
On a TTM basis, Kinder Morgan's Enterprise Value came in at $67.28 billion as of Sep 30, 2026, up 5.2% year-over-year; for FY2025, it was $62.38 billion, up 0.4% from FY2024.
- Annual Enterprise Value has a five-year compound annual growth rate of 15.4% (FY2020 to FY2025).
- Across earlier years, Enterprise Value came in at $62.12 billion in FY2024 (+53.4%), $40.5 billion in FY2023 (-1.9%), $41.27 billion in FY2022 (+14.9%) and $35.92 billion in FY2021 (+17.8%).
- Quarterly Enterprise Value has ranged from $35.92 billion in Q4 2021 to $75.79 billion in Q1 2026 over the past five years.
- On a year-over-year basis, Enterprise Value has increased for 11 consecutive quarters, with growth averaging 26.7% over the last eight quarters.
- Peak year-over-year performance for Enterprise Value in the last five years was growth of 54.1% in Q1 2025, against a decline of 8.4% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $72.29 billion (Q2 2026), $75.79 billion (Q1 2026) and $62.38 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 103.82 Bn | 99.42 Bn | 4.84 Bn |
| 2 | Williams Companies | 82.27 Bn | 79.29 Bn | 2.59 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 77.91 Bn | - |
| 4 | Kinder Morgan | 68.17 Bn | 67.03 Bn | 2.97 Bn |
| 5 | Energy Transfer | 65.82 Bn | 61.66 Bn | 6.57 Bn |
| 6 | Tc Energy | 65.66 Bn | 62.42 Bn | - |
| 7 | Cheniere Energy | 59.41 Bn | 53.55 Bn | 2.97 Bn |
| 8 | Targa Resources | 58.56 Bn | 58.02 Bn | 2.02 Bn |
| 9 | Mplx | 57.63 Bn | 51.65 Bn | 3.19 Bn |
| 10 | Oneok | 54.26 Bn | 53.66 Bn | 2.84 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 67.50 Bn |
| Jun 30, 2026 | 72.29 Bn |
| Mar 31, 2026 | 75.79 Bn |
| Dec 31, 2025 | 62.38 Bn |
| Sep 30, 2025 | 64.20 Bn |
| Jun 30, 2025 | 66.56 Bn |
| Mar 31, 2025 | 64.64 Bn |
| Dec 31, 2024 | 62.12 Bn |
| Sep 30, 2024 | 50.31 Bn |
| Jun 30, 2024 | 45.36 Bn |
| Mar 31, 2024 | 41.96 Bn |
| Dec 31, 2023 | 40.50 Bn |
| Sep 30, 2023 | 38.18 Bn |
| Jun 30, 2023 | 39.22 Bn |
| Mar 31, 2023 | 40.18 Bn |
| Dec 31, 2022 | 41.27 Bn |
| Sep 30, 2022 | 38.33 Bn |
| Jun 30, 2022 | 38.82 Bn |
| Mar 31, 2022 | 43.88 Bn |
| Dec 31, 2021 | 35.92 Bn |
Kinder Morgan Enterprise Value 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=enterprise-value&ticker=KMI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=KMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();