Kinder Morgan Inc - Class P
Research Kinder Morgan Inc - Class P (KMI) on Bullrun: valuation model: 1.8% undervalued, market cap USD 68.84B, P/E 20.0, dividend yield 3.8%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerKMI
- ExchangeNYSE
- CountryUnited States
- SectorEnergy
- IndustryOil & Gas Midstream
- CurrencyUSD
- Valuation signal1.8% undervalued
- Market capUSD 68.84B
- P/E20.0
- Dividend yield3.8%
- Financial periodQ2 2026
- RevenueUSD 4.48B
- Net incomeUSD 867.00M
- Free cash flowUSD 978.00M
- Gross margin54.8%
Valuation Snapshot
Bullrun's latest valuation model marks Kinder Morgan Inc - Class P as 1.8% undervalued; latest market cap is USD 68.84B; P/E is 20.0; dividend yield is 3.8%.
Peer valuation comparison
Latest P/E is 19.96x versus a Energy sector median of 14.75x (35.3% above).
Latest dividend yield is 3.75% versus a Energy sector median of 3.8%.
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 15.20B | USD 3.06B | USD 2.89B | 58.9% | 1.37 | USD 63.00M | USD 32.00B | USD 31.16B |
| FY2024 | USD 13.48B | USD 2.61B | USD 3.01B | 62.4% | 1.17 | USD 88.00M | USD 31.89B | USD 30.53B |
| FY2023 | USD 13.65B | USD 2.39B | USD 4.17B | n/a | 1.06 | USD 83.00M | USD 32.12B | USD 30.31B |
| FY2022 | USD 18.13B | USD 2.55B | USD 3.35B | 48.9% | 1.12 | USD 745.00M | USD 31.79B | USD 30.74B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 68.84B | 20.0 | 3.8% | 1.18 |
| 2025 | 2025-12-31 | USD 61.16B | 20.1 | 4.2% | 1.16 |
| 2024 | 2024-12-31 | USD 60.87B | 23.4 | 4.2% | 1.15 |
| 2023 | 2023-12-29 | USD 39.21B | 16.2 | 6.3% | 1.12 |
| 2022 | 2022-12-30 | USD 40.64B | 16.3 | 6.1% | 1.11 |
| 2021 | 2021-12-31 | USD 35.96B | 20.3 | 6.7% | 1.07 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 1.18 USD, yield 3.8%.
| Year | Dividends/share |
|---|---|
| FY2025 | 1.17 USD |
| FY2024 | 1.15 USD |
| FY2023 | 1.13 USD |
| FY2022 | 1.11 USD |
About Kinder Morgan Inc - Class P
Kinder Morgan, Inc. operates as an energy infrastructure company primarily in North America. It operates through Natural Gas Pipelines, Products Pipelines, Terminals, and CO2 segments. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline, and storage systems; natural gas gathering systems and natural gas processing and treating facilities; natural gas liquids fractionation facilities and transportation systems;
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Frequently asked questions
Is Kinder Morgan Inc - Class P overvalued or undervalued?
Bullrun's valuation model currently marks Kinder Morgan Inc - Class P as 1.8% undervalued.
What is Kinder Morgan Inc - Class P's market cap?
Kinder Morgan Inc - Class P's market capitalization is USD 68.84B.
What is Kinder Morgan Inc - Class P's P/E ratio?
Kinder Morgan Inc - Class P's price-to-earnings (P/E) ratio is 20.0.
Does Kinder Morgan Inc - Class P pay a dividend?
Kinder Morgan Inc - Class P has a dividend yield of 3.8%.
What does Kinder Morgan Inc - Class P do?
Kinder Morgan, Inc. operates as an energy infrastructure company primarily in North America. It operates through Natural Gas Pipelines, Products Pipelines, Terminals, and CO2 segments. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline, and storage systems; natural gas gathering systems and natural gas processing and treating facilities; natural gas liquids fractionation facilities and transportation systems; and liquefied natural gas gasification, liquefaction, and storage facilities.