Kinder Morgan (KMI) Free Cash Flow (2011 - 2026)
Kinder Morgan (KMI) reported Free Cash Flow of $545 million for Q3 2026, down 12.2% from $621 million a year earlier and down 44.3% from the prior quarter.
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Analysis
Kinder Morgan (KMI) Free Cash Flow (2011 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Kinder Morgan's Free Cash Flow came in at $3.08 billion, up 11.8% 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%).
- The Q3 2026 figure ranks as the lowest quarterly Free Cash Flow since Q1 2025.
- Year over year, Free Cash Flow gained in three of the last eight quarters, with an average decline of 1.8%.
- 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 Q3 2026 came in at $978 million (Q2 2026), $687 million (Q1 2026) and $872 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.29 Bn | 97.89 Bn | 4.84 Bn | 821.24 Mn |
| 2 | Enterprise Products Partners | 79.85 Bn | 78.21 Bn | - | 1.13 Bn |
| 3 | Williams Companies | 79.33 Bn | 76.36 Bn | 2.59 Bn | -984.00 Mn |
| 4 | Kinder Morgan | 66.78 Bn | 65.63 Bn | 2.97 Bn | 545.00 Mn |
| 5 | Energy Transfer | 65.10 Bn | 60.93 Bn | 6.57 Bn | 2.14 Bn |
| 6 | Tc Energy | 64.42 Bn | 61.18 Bn | - | 2.13 Bn |
| 7 | Cheniere Energy | 58.11 Bn | 52.26 Bn | 2.97 Bn | 1.73 Bn |
| 8 | Targa Resources | 56.77 Bn | 56.23 Bn | 2.02 Bn | 120.30 Mn |
| 9 | Mplx | 56.70 Bn | 50.73 Bn | 3.19 Bn | 682.00 Mn |
| 10 | Oneok | 53.74 Bn | 53.15 Bn | 2.84 Bn | 442.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 545.00 Mn |
| 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 |
API Access
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_KEYimport 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();