Stock AnalizKinder Morgan, Inc. KMI
Natural Gas Distribution · IPO 2011 · data as of November 13, 2026
Kinder Morgan, Inc. (KMI) is a utility company listed in the US with a market value of about $71.1B. In the twelve months to September 30, 2026 it had revenue of $18.3B and net income of $3.6B, a net margin of 19.6%.
Its overall Stock Analiz score is 2.8 out of 5 (average). The strongest part is shareholder returns (4/5); the weakest is future growth (2/5).
Key numbers: a P/E of 19.7, a price to free cash flow of 23.1, 5-year revenue growth of 8% a year, a 5-year average ROIC of 5%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 28% below the current price.
Score: 2.8 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- PEG below 1.5
- Revenue growth above 10% last year
- Profit margin improving
- 5-year EPS growth above 10% a year
- Profitable 5 years in a row
- Positive free cash flow
Checks not passed
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- 3-year revenue growth above 10% a year
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year revenue growth above 8% a year
- 5-year average ROIC above 12%
- ROE above 15%
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $18.3B | $16.9B | $15.1B | $15.3B | $19.2B | $16.6B | $11.7B | $13.2B | $14.1B | $13.7B | $13.1B |
| Net income | $3.6B | $3.1B | $2.6B | $2.4B | $2.5B | $1.8B | $119M | $2.2B | $1.6B | $183M | $708M |
| Free cash flow | $3.1B | $2.9B | $3.0B | $4.2B | $3.3B | $4.4B | $2.8B | $2.5B | $2.1B | $1.4B | $1.9B |
| EPS (diluted) | $1.62 | $1.37 | $1.17 | $1.06 | $1.12 | $0.78 | $0.05 | $0.96 | $0.66 | $0.01 | $0.25 |
| Net margin | 19.6% | 18.0% | 17.3% | 15.6% | 13.3% | 10.7% | 1.0% | 16.6% | 11.4% | 1.3% | 5.4% |
| ROIC | — | 5.9% | 5.6% | 5.3% | 5.1% | 3.8% | 1.9% | 5.0% | 4.1% | 3.9% | 3.8% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 22 analysts is $37.50, 17% above the current price; targets range from $32.00 to $43.00; the consensus rating is “Buy”; expected EPS is $1.58 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Kinder Morgan’s P/E ratio?
About 19.7, based on the last twelve months of diluted earnings per share (forward P/E about 20.2).
Is Kinder Morgan stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 28% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Kinder Morgan pay a dividend?
Yes. The dividend yield is about 3.77%, and it has paid dividends for 10 years in our data.
Is Kinder Morgan a good stock to buy?
We do not give buy or sell advice. Kinder Morgan scores 2.8 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.