Kinder Morgan, Inc. (KMI) Gross Margin (2012 - 2026)
Kinder Morgan's (KMI) quarterly Gross Margin came in at 68.62% in Q2 2026, down 142.0% on a YoY basis from 163.37% in Q2 2025, and up 7.59% quarter-over-quarter from 63.77% in Q1 2026.
Kinder Morgan, Inc. (KMI) Gross Margin (2012 - 2026) Analysis & Trends
Kinder Morgan (KMI) has reported Gross Margin for 15 consecutive years, with 68.62% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin fell 142.0% year-over-year to 68.62%; the trailing twelve-month figure through Jun 2026 stood at 66.61% (down 239.0% YoY), and the FY2025 full-year result was 67.36%, down 392.0% from the prior year.
- Gross Margin grew to 68.62% in Q2 2026 per KMI's latest filing, from 63.77% 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.
- Historically, Gross Margin has averaged 64.86% across 5 years, with a median of 67.27% in 2023.
- The sharpest annual moves came in 2022 and 2023: Gross Margin tumbled 2237 bps in 2022, then soared 2435 bps in 2023.
- Over 5 years, 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 gained by 1 bps to 68.62% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 68.62%, 63.77%, and 67.9% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 68.62% |
| Mar 31, 2026 | 63.77% |
| Dec 31, 2025 | 67.90% |
| Sep 30, 2025 | 66.35% |
| Jun 30, 2025 | 70.04% |
| Mar 31, 2025 | 65.20% |
| Dec 31, 2024 | 68.92% |
| Sep 30, 2024 | 72.32% |
| Jun 30, 2024 | 72.93% |
| Mar 31, 2024 | 71.19% |
| Dec 31, 2023 | 66.64% |
| Sep 30, 2023 | 64.04% |
| Jun 30, 2023 | 72.27% |
| Mar 31, 2023 | 68.75% |
| Dec 31, 2022 | 57.17% |
| Sep 30, 2022 | 47.52% |
| Jun 30, 2022 | 47.91% |
| Mar 31, 2022 | 55.88% |
| Dec 31, 2021 | 55.05% |
| Sep 30, 2021 | 59.23% |
Kinder Morgan, Inc. Gross Margin 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=gross-margin&ticker=KMI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=KMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();