Kinder Morgan (KMI) FCF Margin (2011 - 2026)

Kinder Morgan (KMI) reported FCF Margin of 28.13% for Q1 2026, up 1879.0% on a YoY basis from 1.42% in Q1 2025, and up 45.41% quarter-over-quarter from 19.34% in Q4 2025.

Kinder Morgan (KMI) FCF Margin (2011 - 2026) Analysis & Trends

Kinder Morgan has reported FCF Margin for 16 years, with the latest figure at 28.13% in Q1 2026.

  • For the quarter ending Q1 2026, FCF Margin rose 1879.0% year-over-year to 28.13%; the trailing twelve-month figure through Mar 2026 stood at 21.99% (down 1292.0% YoY), and the FY2025 full-year result was 17.07%, down 1992.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 28.13%, up from 19.34% in the prior quarter.
  • The five-year high for FCF Margin was 83.2% in Q4 2024, with the low at 4.24% in Q4 2022.
  • Historically, FCF Margin has averaged 24.7% across 5 years, with a median of 23.14% in 2022.
  • Annual changes were most pronounced in 2024 — FCF Margin soared 8050 bps — and 2025, when it slumped 6385 bps.
  • Kinder Morgan's FCF Margin stood at 4.24% in 2022, then surged by 164 bps to 2.7% in 2023, then surged by 2982 bps to 83.2% in 2024, then tumbled by 77 bps to 19.34% in 2025, then soared by 45 bps to 28.13% in 2026.
  • The last three FCF Margin figures came in at 28.13% (Q1 2026), 19.34% (Q4 2025), and 14.98% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn -0.43%
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 3.38%
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 28.13%
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 5.26%
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 25.41%
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn -3.91%
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 0.73%
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 13.15%
10 Cheniere Energy 50.33 Bn 52.53 Bn 5.86 Bn 5.86%

Historic Data

Download Data
DateValue
Mar 31, 2026 28.13%
Dec 31, 2025 19.34%
Sep 30, 2025 14.98%
Jun 30, 2025 24.79%
Mar 31, 2025 9.34%
Dec 31, 2024 83.20%
Sep 30, 2024 16.00%
Jun 30, 2024 30.96%
Mar 31, 2024 14.84%
Dec 31, 2023 2.70%
Sep 30, 2023 32.15%
Jun 30, 2023 42.59%
Mar 31, 2023 33.90%
Dec 31, 2022 -4.24%
Sep 30, 2022 32.28%
Jun 30, 2022 23.14%
Mar 31, 2022 15.77%
Dec 31, 2021 27.07%
Sep 30, 2021 43.67%
Jun 30, 2021 36.83%