Kinder Morgan, Inc. (KMI) Gross Margin (2012 - 2026)

Kinder Morgan's Gross Margin history runs 15 years deep, the most recent figure standing at 63.77% for Q1 2026.

• Quarterly Gross Margin fell 142.0% year-over-year to 63.77% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 66.89% (down 275.0% YoY) and the FY2025 annual result came in at 67.36%, down 392.0% from the prior year.
• Gross Margin was 63.77% for Q1 2026 at Kinder Morgan, down from 67.9% 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.
• A 5-year average of 64.64% and a median of 66.64% in 2023 frame the typical range for Gross Margin.
• Annual changes were most pronounced in 2022 — Gross Margin sank 2237 bps — and 2023, when it surged 2435 bps.
• Kinder Morgan's Gross Margin stood at 57.17% in 2022, then rose by 17 bps to 66.64% in 2023, then increased by 3 bps to 68.92% in 2024, then decreased by 1 bps to 67.9% in 2025, then retreated by 6 bps to 63.77% in 2026.
• Business Quant data shows KMI's Gross Margin at 63.77% in Q1 2026, 67.9% in Q4 2025, and 66.35% in Q3 2025.