Kinder Morgan (KMI) Gross Margin (2012 - 2026)

Kinder Morgan has reported Gross Margin for 15 years, with the latest figure at 63.77% in Q1 2026.

• For the quarter ending Q1 2026, Gross Margin fell 142.0% year-over-year to 63.77%; the trailing twelve-month figure through Mar 2026 stood at 66.89% (down 275.0% YoY), and the FY2025 full-year result was 67.36%, down 392.0% from the prior year.
• Gross Margin for Q1 2026 stood at 63.77%, down from 67.9% in the prior quarter.
• The five-year high for Gross Margin was 72.93% in Q2 2024, with the low at 47.52% in Q3 2022.
• Historically, Gross Margin has averaged 64.64% across 5 years, with a median of 66.64% in 2023.
• Annual changes were most pronounced in 2022 — Gross Margin slumped 2237 bps — and 2023, when it surged 2435 bps.
• Kinder Morgan's Gross Margin stood at 57.17% in 2022, then grew by 17 bps to 66.64% in 2023, then climbed by 3 bps to 68.92% in 2024, then fell by 1 bps to 67.9% in 2025, then declined by 6 bps to 63.77% in 2026.
• The last three Gross Margin figures came in at 63.77% (Q1 2026), 67.9% (Q4 2025), and 66.35% (Q3 2025), per Business Quant data.