Kinder Morgan (KMI) Payout Ratio (2018 - 2026)
Kinder Morgan's (KMI) Payout Ratio was 0.76 for Q2 2026, down 20.0% from 0.95 a year earlier and down 4.0% from the prior quarter.
Analysis
Kinder Morgan (KMI) Payout Ratio (2018 - 2026) Analysis & Trends
For FY2025, Payout Ratio at Kinder Morgan was 0.85, down 12.9% from FY2024.
- By year, Payout Ratio came in at 0.98 in FY2024 (-7.5%), 1.06 in FY2023 (+7.6%), 0.98 in FY2022 (-28.2%) and 1.37 in FY2021 (-93.1%).
- The Q2 2026 figure ranks as the lowest quarterly Payout Ratio in data going back to Q4 2018.
- Year over year, Payout Ratio has now declined in each of the last eight quarters, with an average decline of 10.1% over the last eight quarters.
- The high point for year-over-year Payout Ratio in five years was Q1 2022 (growth of 81.3%); the low point was Q4 2021 (a decline of 93.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.79 (Q1 2026), 0.85 (Q4 2025) and 0.95 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 103.71 Bn | 99.31 Bn | 4.84 Bn |
| 2 | Williams Companies | 91.25 Bn | 89.96 Bn | 2.54 Bn |
| 3 | Enterprise Products Partners | 78.01 Bn | 76.40 Bn | - |
| 4 | Kinder Morgan | 74.45 Bn | 74.15 Bn | 3.07 Bn |
| 5 | Energy Transfer | 70.41 Bn | 63.59 Bn | 7.40 Bn |
| 6 | Tc Energy | 64.14 Bn | 60.22 Bn | 2.81 Bn |
| 7 | Targa Resources | 62.84 Bn | 62.32 Bn | 2.14 Bn |
| 8 | Cheniere Energy | 60.02 Bn | 54.85 Bn | 5.29 Bn |
| 9 | Oneok | 59.03 Bn | 57.42 Bn | 2.81 Bn |
| 10 | Mplx | 57.91 Bn | 51.47 Bn | 2.91 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.76 |
| Mar 31, 2026 | 0.79 |
| Dec 31, 2025 | 0.85 |
| Sep 30, 2025 | 0.95 |
| Jun 30, 2025 | 0.95 |
| Mar 31, 2025 | 0.99 |
| Dec 31, 2024 | 0.98 |
| Sep 30, 2024 | 1.00 |
| Jun 30, 2024 | 1.04 |
| Mar 31, 2024 | 1.03 |
| Dec 31, 2023 | 1.06 |
| Sep 30, 2023 | 1.02 |
| Jun 30, 2023 | 1.00 |
| Mar 31, 2023 | 0.98 |
| Dec 31, 2022 | 0.98 |
| Sep 30, 2022 | 0.99 |
| Jun 30, 2022 | 1.02 |
| Mar 31, 2022 | 2.36 |
| Dec 31, 2021 | 1.37 |
| Sep 30, 2021 | 1.38 |
API Access
Kinder Morgan Payout Ratio 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=payout-ratio&ticker=KMI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payout-ratio", "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=payout-ratio&ticker=KMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();