Kinder Morgan (KMI) FCF Payout Ratio (2018 - 2026)
Kinder Morgan's FCF Payout Ratio was 1.22 in Q3 2026, up 15.9% from 1.05 a year earlier and up 79.4% from the prior quarter.
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Analysis
Kinder Morgan (KMI) FCF Payout Ratio (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Kinder Morgan's FCF Payout Ratio was 0.86 through Sep 30, 2026, down 9.0% 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%).
- The Q3 2026 figure marks the highest quarterly FCF Payout Ratio since Q1 2025.
- Compared with a year earlier, FCF Payout Ratio was higher in five of the last eight quarters, with growth averaging 19.3%.
- 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 Q3 2026 was 0.68 (Q2 2026), 0.95 (Q1 2026) and 0.75 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.29 Bn | 97.89 Bn | 4.84 Bn | 1.87 |
| 2 | Enterprise Products Partners | 79.85 Bn | 78.21 Bn | - | 1.07 |
| 3 | Williams Companies | 79.33 Bn | 76.36 Bn | 2.59 Bn | - |
| 4 | Kinder Morgan | 66.78 Bn | 65.63 Bn | 2.97 Bn | 1.22 |
| 5 | Energy Transfer | 65.10 Bn | 60.93 Bn | 6.57 Bn | 0.56 |
| 6 | Tc Energy | 64.42 Bn | 61.18 Bn | - | 0.31 |
| 7 | Cheniere Energy | 58.11 Bn | 52.26 Bn | 2.97 Bn | - |
| 8 | Targa Resources | 56.77 Bn | 56.23 Bn | 2.02 Bn | - |
| 9 | Mplx | 56.70 Bn | 50.73 Bn | 3.19 Bn | 1.60 |
| 10 | Oneok | 53.74 Bn | 53.15 Bn | 2.84 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.22 |
| 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 |
API Access
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_KEYimport 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();