KPIs & Operating Metrics(New)
Growth Metrics

Kinder Morgan (KMI) Gross Margin (2016 - 2025)

Kinder Morgan (KMI) has disclosed Gross Margin for 14 consecutive years, with 67.9% as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Gross Margin fell 102.0% year-over-year to 67.9%, compared with a TTM value of 67.36% through Dec 2025, down 392.0%, and an annual FY2025 reading of 67.36%, down 392.0% over the prior year.
  • Gross Margin was 67.9% for Q4 2025 at Kinder Morgan, up from 66.35% in the prior quarter.
  • Across five years, Gross Margin topped out at 72.93% in Q2 2024 and bottomed at 47.52% in Q3 2022.
  • Average Gross Margin over 5 years is 64.05%, with a median of 66.5% recorded in 2025.
  • The sharpest move saw Gross Margin tumbled -2237bps in 2022, then soared 2435bps in 2023.
  • Year by year, Gross Margin stood at 55.05% in 2021, then grew by 4bps to 57.17% in 2022, then rose by 17bps to 66.64% in 2023, then increased by 3bps to 68.92% in 2024, then decreased by -1bps to 67.9% in 2025.
  • Business Quant data shows Gross Margin for KMI at 67.9% in Q4 2025, 66.35% in Q3 2025, and 70.04% in Q2 2025.