KPIs & Operating Metrics(New)
Growth Metrics

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

Kinder Morgan (KMI) has disclosed Operating Margin for 16 consecutive years, with 30.26% as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Operating Margin rose 247.0% year-over-year to 30.26%, compared with a TTM value of 27.89% through Dec 2025, down 114.0%, and an annual FY2025 reading of 27.89%, down 114.0% over the prior year.
  • Operating Margin was 30.26% for Q4 2025 at Kinder Morgan, up from 25.64% in the prior quarter.
  • Across five years, Operating Margin topped out at 36.19% in Q1 2021 and bottomed at 24.25% in Q2 2021.
  • Average Operating Margin over 5 years is 23.99%, with a median of 27.13% recorded in 2023.
  • The sharpest move saw Operating Margin crashed -1324bps in 2021, then soared 4378bps in 2022.
  • Year by year, Operating Margin stood at 21.47% in 2021, then increased by 12bps to 24.11% in 2022, then increased by 13bps to 27.27% in 2023, then rose by 2bps to 27.79% in 2024, then rose by 9bps to 30.26% in 2025.
  • Business Quant data shows Operating Margin for KMI at 30.26% in Q4 2025, 25.64% in Q3 2025, and 28.5% in Q2 2025.