Kinder Morgan (KMI) Free Cash Flow (2011 - 2026)
Kinder Morgan (KMI) reported Free Cash Flow of $978 million for Q2 2026, down 2.4% from $1 billion a year earlier but up 42.4% from the prior quarter.
Kinder Morgan (KMI) Free Cash Flow (2011 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Kinder Morgan's Free Cash Flow came in at $3.16 billion, up 15.8% year-over-year; for FY2025, it was $2.89 billion, down 3.8% from FY2024.
- Free Cash Flow has a five-year compound annual growth rate of 0.3% (FY2020 to FY2025).
- By year, Free Cash Flow came in at $3.01 billion in FY2024 (-28.0%), $4.17 billion in FY2023 (+24.7%), $3.35 billion in FY2022 (-24.4%) and $4.43 billion in FY2021 (+55.7%).
- Five-year quarterly Free Cash Flow spans a low of $396 million in Q1 2025 and a high of $1.69 billion in Q4 2023.
- Year over year, Free Cash Flow gained in three of the last eight quarters, with an average decline of 1.2%.
- The high point for year-over-year Free Cash Flow in five years was Q4 2023 (growth of 82.7%); the low point was Q1 2022 (a decline of 57.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $687 million (Q1 2026), $872 million (Q4 2025) and $621 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn | 821.24 Mn |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - | 2.02 Bn |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn | 2.71 Bn |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn | 978.00 Mn |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn | 2.66 Bn |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn | 431.20 Mn |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn | 877.00 Mn |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn | 398.00 Mn |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn | 1.44 Bn |
| 10 | Venture Global | 31.49 Bn | 26.04 Bn | 2.92 Bn | -1.65 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 978.00 Mn |
| Mar 31, 2026 | 687.00 Mn |
| Dec 31, 2025 | 872.00 Mn |
| Sep 30, 2025 | 621.00 Mn |
| Jun 30, 2025 | 1.00 Bn |
| Mar 31, 2025 | 396.00 Mn |
| Dec 31, 2024 | 738.00 Mn |
| Sep 30, 2024 | 592.00 Mn |
| Jun 30, 2024 | 1.11 Bn |
| Mar 31, 2024 | 570.00 Mn |
| Dec 31, 2023 | 1.69 Bn |
| Sep 30, 2023 | 639.00 Mn |
| Jun 30, 2023 | 1.02 Bn |
| Mar 31, 2023 | 826.00 Mn |
| Dec 31, 2022 | 927.00 Mn |
| Sep 30, 2022 | 550.00 Mn |
| Jun 30, 2022 | 1.19 Bn |
| Mar 31, 2022 | 677.00 Mn |
| Dec 31, 2021 | 881.00 Mn |
| Sep 30, 2021 | 780.00 Mn |
Kinder Morgan Free Cash Flow 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=free-cash-flow&ticker=KMI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=KMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();