Kinder Morgan (KMI) Tax Rate (2010 - 2026)
Kinder Morgan (KMI) posted Tax Rate of 23.33% for Q2 2026, up 4.07 percentage points from 19.26% a year earlier and up 1.05 percentage points from the prior quarter.
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Analysis
Kinder Morgan (KMI) Tax Rate (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Kinder Morgan was 22.36%, up 3.15 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 Q2 2026 figure stands as the highest quarterly Tax Rate since Q4 2023.
- On a year-over-year basis, Tax Rate increased in three of the last eight quarters, with an average year-over-year change of +0.08 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 22.28% (Q1 2026), 21.76% (Q4 2025) and 22.05% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 103.71 Bn | 99.31 Bn | 4.84 Bn | 21.97% |
| 2 | Williams Companies | 91.25 Bn | 89.96 Bn | 2.54 Bn | - |
| 3 | Enterprise Products Partners | 78.01 Bn | 76.40 Bn | - | 0.64% |
| 4 | Kinder Morgan | 74.45 Bn | 74.15 Bn | 3.07 Bn | 23.33% |
| 5 | Energy Transfer | 70.41 Bn | 63.59 Bn | 7.40 Bn | 7.12% |
| 6 | Tc Energy | 64.14 Bn | 60.22 Bn | 2.81 Bn | 15.28% |
| 7 | Targa Resources | 62.84 Bn | 62.32 Bn | 2.14 Bn | 22.61% |
| 8 | Cheniere Energy | 60.02 Bn | 54.85 Bn | 5.29 Bn | 9.13% |
| 9 | Oneok | 59.03 Bn | 57.42 Bn | 2.81 Bn | 23.62% |
| 10 | Mplx | 57.91 Bn | 51.47 Bn | 2.91 Bn | 0.18% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | 20.78% |
API Access
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_KEYimport 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();