Kinder Morgan (KMI) Return on Capital Employed (2011 - 2026)
Kinder Morgan (KMI) reported Return on Capital Employed of 7.42% for Q1 2026, up 90.0% on a YoY basis from 3.9% in Q1 2025, and up 7.09% quarter-over-quarter from 6.93% in Q4 2025.
Kinder Morgan (KMI) Return on Capital Employed (2011 - 2026) Analysis & Trends
Kinder Morgan has reported Return on Capital Employed for 16 years, with the latest figure at 7.42% in Q1 2026.
- For the quarter ending Q1 2026, Return on Capital Employed rose 90.0% year-over-year to 7.42%; the trailing twelve-month figure through Mar 2026 stood at 7.42% (up 90.0% YoY), and the FY2025 full-year result was 6.97%, up 34.0% from the prior year.
- Return on Capital Employed for Q1 2026 stood at 7.42%, up from 6.93% in the prior quarter.
- The five-year high for Return on Capital Employed was 7.42% in Q1 2026, with the low at 3.24% in Q1 2022.
- Historically, Return on Capital Employed has averaged 6.41% across 5 years, with a median of 6.54% in 2023.
- Annual changes were most pronounced in 2022 — Return on Capital Employed plunged 184 bps — and 2023, when it soared 330 bps.
- Kinder Morgan's Return on Capital Employed stood at 6.44% in 2022, then grew by 6 bps to 6.8% in 2023, then dropped by 2 bps to 6.64% in 2024, then gained by 4 bps to 6.93% in 2025, then climbed by 7 bps to 7.42% in 2026.
- The last three Return on Capital Employed figures came in at 7.42% (Q1 2026), 6.93% (Q4 2025), and 6.52% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 5.26% |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 11.93% |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 7.42% |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 7.59% |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 13.21% |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 14.56% |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 3.63% |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 9.98% |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | - |
| 10 | Cheniere Energy | 50.33 Bn | 52.53 Bn | 5.86 Bn | 11.63% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.42% |
| Dec 31, 2025 | 6.93% |
| Sep 30, 2025 | 6.52% |
| Jun 30, 2025 | 6.43% |
| Mar 31, 2025 | 6.52% |
| Dec 31, 2024 | 6.64% |
| Sep 30, 2024 | 6.63% |
| Jun 30, 2024 | 6.64% |
| Mar 31, 2024 | 6.47% |
| Dec 31, 2023 | 6.80% |
| Sep 30, 2023 | 6.80% |
| Jun 30, 2023 | 6.72% |
| Mar 31, 2023 | 6.54% |
| Dec 31, 2022 | 6.44% |
| Sep 30, 2022 | 6.15% |
| Jun 30, 2022 | 6.13% |
| Mar 31, 2022 | 3.24% |
| Dec 31, 2021 | 4.54% |
| Sep 30, 2021 | 4.60% |
| Jun 30, 2021 | 4.45% |