KMIKINDER MORGAN, INC.
Natural Gas Transmission
- Revenue
- $15.2B
- 13% YoY
- Operating margin
- 31.1%
- 4.4% YoY
- EBITDA
- $7.2B
- 6.5% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 4.7×
- $34.1B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear194% of net incomeCash flow under 80% of net income
- Dilutive SBCClear0% of revenueOver 10% of revenue
- Payouts exceed cash flowClear44% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear27% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $16.2B | $18.1B | $13.6B | $13.5B | $15.2B | 13% |
| Operating income | $2.9B | $4.1B | $4.3B | $4.4B | $4.7B | 7.8% |
| Net income | $1.8B | $2.5B | $2.4B | $2.6B | $3.1B | 17% |
| Operating cash flow | $5.7B | $5.0B | $6.5B | $5.6B | $5.9B | 5.0% |
| Capex | $1.3B | $1.6B | $2.3B | $2.6B | $3.0B | 15% |
| Buybacks | $0 | $368M | $522M | $7M | $0 | 100% |
| Dividends | $2.4B | $2.5B | $2.5B | $2.6B | $2.6B | 1.8% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $100K · 2
- Net
- −$100K
Pay vs performance
No pay-versus-performance disclosure yet.