Kinder Morgan (KMI) EV to EBITDA (2011 - 2026)
Kinder Morgan's EV to EBITDA was 9.39 in Q2 2026, down 3.6% from 9.75 a year earlier and down 7.1% from the prior quarter.
Kinder Morgan (KMI) EV to EBITDA (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Kinder Morgan's EV to EBITDA was 9.36 through Jun 30, 2026, down 3.5% year-over-year; for FY2025, it was 8.69, down 5.7% from FY2024.
- In earlier years, EV to EBITDA was 9.22 in FY2024 (+48.3%), 6.22 in FY2023 (-5.8%), 6.60 in FY2022 (-7.2%) and 7.11 in FY2021 (-13.2%).
- Quarterly EV to EBITDA has moved between 5.87 (Q3 2023) and 10.48 (Q1 2022) over five years.
- Compared with a year earlier, EV to EBITDA was higher in six of the last eight quarters, with growth averaging 23.5%.
- The best year-over-year quarter for EV to EBITDA over five years was Q1 2022 (growth of 56.9%); the worst was Q1 2023 (a decline of 40.6%).
- Per Business Quant data, KMI's EV to EBITDA in the three quarters before Q2 2026 was 10.11 (Q1 2026), 8.69 (Q4 2025) and 9.31 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn |
| 10 | Venture Global | 32.11 Bn | 26.66 Bn | 2.92 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.39 |
| Mar 31, 2026 | 10.11 |
| Dec 31, 2025 | 8.69 |
| Sep 30, 2025 | 9.31 |
| Jun 30, 2025 | 9.75 |
| Mar 31, 2025 | 9.67 |
| Dec 31, 2024 | 9.22 |
| Sep 30, 2024 | 7.51 |
| Jun 30, 2024 | 6.87 |
| Mar 31, 2024 | 6.39 |
| Dec 31, 2023 | 6.22 |
| Sep 30, 2023 | 5.87 |
| Jun 30, 2023 | 6.05 |
| Mar 31, 2023 | 6.23 |
| Dec 31, 2022 | 6.60 |
| Sep 30, 2022 | 6.30 |
| Jun 30, 2022 | 6.50 |
| Mar 31, 2022 | 10.48 |
| Dec 31, 2021 | 7.11 |
| Sep 30, 2021 | 7.59 |
Kinder Morgan EV to EBITDA 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=ev-to-ebitda&ticker=KMI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=KMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();