Kinder Morgan (KMI) FCF Payout Ratio (2018 - 2026)
Kinder Morgan's FCF Payout Ratio was 0.68 in Q2 2026, up 4.2% from 0.65 a year earlier but down 28.6% from the prior quarter.
Kinder Morgan (KMI) FCF Payout Ratio (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Kinder Morgan's FCF Payout Ratio was 0.83 through Jun 30, 2026, down 12.1% year-over-year; for FY2025, it was 0.90, up 5.9% from FY2024.
- In earlier years, FCF Payout Ratio was 0.85 in FY2024 (+40.4%), 0.61 in FY2023 (-19.0%), 0.75 in FY2022 (+35.6%) and 0.55 in FY2021 (-33.6%).
- Quarterly FCF Payout Ratio has moved between 0.37 (Q4 2023) and 1.62 (Q1 2025) over five years.
- Compared with a year earlier, FCF Payout Ratio was higher in five of the last eight quarters, with growth averaging 18.5%.
- The best year-over-year quarter for FCF Payout Ratio over five years was Q1 2022 (growth of 144.8%); the worst was Q4 2023 (a decline of 45.0%).
- Per Business Quant data, KMI's FCF Payout Ratio in the three quarters before Q2 2026 was 0.95 (Q1 2026), 0.75 (Q4 2025) and 1.05 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn | 1.87 |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - | 0.59 |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn | 0.46 |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn | 0.68 |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn | - |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn | - |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn | 1.25 |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn | - |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn | - |
| 10 | Venture Global | 31.49 Bn | 26.04 Bn | 2.92 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.68 |
| Mar 31, 2026 | 0.95 |
| Dec 31, 2025 | 0.75 |
| Sep 30, 2025 | 1.05 |
| Jun 30, 2025 | 0.65 |
| Mar 31, 2025 | 1.62 |
| Dec 31, 2024 | 0.87 |
| Sep 30, 2024 | 1.09 |
| Jun 30, 2024 | 0.58 |
| Mar 31, 2024 | 1.11 |
| Dec 31, 2023 | 0.37 |
| Sep 30, 2023 | 0.99 |
| Jun 30, 2023 | 0.63 |
| Mar 31, 2023 | 0.76 |
| Dec 31, 2022 | 0.68 |
| Sep 30, 2022 | 1.14 |
| Jun 30, 2022 | 0.53 |
| Mar 31, 2022 | 0.91 |
| Dec 31, 2021 | 0.70 |
| Sep 30, 2021 | 0.79 |
Kinder Morgan FCF Payout Ratio 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=fcf-payout-ratio&ticker=KMI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "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=fcf-payout-ratio&ticker=KMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();