Kinder Morgan (KMI) Tax Rate (2010 - 2026)
Kinder Morgan (KMI) posted Tax Rate of 19.39% for Q3 2026, down 2.66 percentage points from 22.05% a year earlier and down 3.94 percentage points from the prior quarter.
Kinder Morgan (KMI) Tax Rate (2010 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Tax Rate at Kinder Morgan was 21.80%, up 0.98 percentage points year-over-year; for FY2025, it was 20.84%, up 0.68 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of -51.93 percentage points (FY2020 to FY2025).
- In prior years, Kinder Morgan's Tax Rate was 20.16% in FY2024 (-2.17 pp), 22.34% in FY2023 (+1.05 pp), 21.29% in FY2022 (+4.66 pp) and 16.63% in FY2021 (-56.14 pp).
- The Q3 2026 figure stands as the lowest quarterly Tax Rate since Q2 2025.
- On a year-over-year basis, Tax Rate increased in three of the last eight quarters, with an average year-over-year change of +0.48 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q3 2025, with a gain of 7.26 percentage points; the weakest was Q4 2021, with a drop of 6.51 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 23.33% (Q2 2026), 22.28% (Q1 2026) and 21.76% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 107.74 Bn | 103.34 Bn | 4.84 Bn | 21.97% |
| 2 | Williams Companies | 87.68 Bn | 86.39 Bn | 2.54 Bn | - |
| 3 | Enterprise Products Partners | 81.05 Bn | 81.05 Bn | - | - |
| 4 | Kinder Morgan | 73.12 Bn | 71.98 Bn | 2.97 Bn | 19.39% |
| 5 | Energy Transfer | 70.46 Bn | 63.64 Bn | 7.40 Bn | 7.12% |
| 6 | Tc Energy | 66.27 Bn | 62.36 Bn | 2.81 Bn | 15.28% |
| 7 | Cheniere Energy | 65.15 Bn | 65.15 Bn | - | - |
| 8 | Targa Resources | 63.25 Bn | 62.73 Bn | 2.14 Bn | 22.61% |
| 9 | Mplx | 59.89 Bn | 53.45 Bn | 2.91 Bn | 0.18% |
| 10 | Oneok | 58.58 Bn | 57.98 Bn | 2.84 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 19.39% |
| Jun 30, 2026 | 23.33% |
| Mar 31, 2026 | 22.28% |
| Dec 31, 2025 | 21.76% |
| Sep 30, 2025 | 22.05% |
| Jun 30, 2025 | 19.26% |
| Mar 31, 2025 | 20.02% |
| Dec 31, 2024 | 22.11% |
| Sep 30, 2024 | 14.79% |
| Jun 30, 2024 | 21.82% |
| Mar 31, 2024 | 21.28% |
| Dec 31, 2023 | 25.00% |
| Sep 30, 2023 | 20.71% |
| Jun 30, 2023 | 21.59% |
| Mar 31, 2023 | 21.80% |
| Dec 31, 2022 | 22.22% |
| Sep 30, 2022 | 18.38% |
| Jun 30, 2022 | 21.98% |
| Mar 31, 2022 | 22.10% |
| Dec 31, 2021 | 15.61% |
Kinder Morgan Tax Rate 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=tax-rate&ticker=KMI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=KMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();