Kinder Morgan, Inc. (KMI)

Kinder Morgan Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	15,100	15,100	15,157	19,042	16,471	11,509
Other Revenue	-	-	177	158	139	191
Revenue	15,100	15,100	15,334	19,200	16,610	11,700
Revenue Growth (YoY)	-1.53%	-1.53%	-20.14%	15.59%	41.97%	-11.42%
Cost of Revenue	7,309	7,309	7,745	11,910	8,861	5,020
Gross Profit	7,791	7,791	7,589	7,290	7,749	6,680
Selling, General & Admin	712	712	668	637	655	648
Other Operating Expenses	341	341	423	434	419	376
Operating Expenses	3,407	3,407	3,341	3,257	3,209	3,188
Operating Income	4,384	4,384	4,248	4,033	4,540	3,492
Interest Expense	-1,844	-1,844	-1,797	-1,513	-1,492	-1,595
Earnings From Equity Investments	890	890	838	803	591	780
Currency Exchange Gain (Loss)	-	-	17	-68	-105	125
Other Non Operating Income (Expenses)	27	27	-54	151.5	181	-79
EBT Excluding Unusual Items	3,457	3,457	3,252	3,407	3,715	2,723
Impairment of Goodwill	-	-	-	-	-	-1,600
Gain (Loss) on Sale of Investments	-50	-50	-66	-75	128	-120
Gain (Loss) on Sale of Assets	-	-	15	32	10	44
Asset Writedown	-	-	-	-	-1,634	-386
Other Unusual Items	-	-	-	-28.5	-	-
Pretax Income	3,407	3,407	3,201	3,335	2,219	661
Income Tax Expense	687	687	715	710	369	481
Earnings From Continuing Operations	2,720	2,720	2,486	2,625	1,850	180
Minority Interest in Earnings	-107	-107	-95	-77	-66	-61
Net Income	2,613	2,613	2,391	2,548	1,784	119
Preferred Dividends & Other Adjustments	-	-	14	13	14	13
Net Income to Common	2,613	2,613	2,377	2,535	1,770	106
Net Income Growth	9.28%	9.28%	-6.16%	42.83%	1399.16%	-94.57%
Shares Outstanding (Basic)	2,220	2,220	2,234	2,258	2,266	2,263
Shares Outstanding (Diluted)	2,220	2,220	2,234	2,258	2,266	2,263
Shares Change (YoY)	-0.63%	-0.63%	-1.06%	-0.35%	0.13%	-0.04%
EPS (Basic)	1.18	1.18	1.06	1.12	0.78	0.05
EPS (Diluted)	1.18	1.18	1.06	1.12	0.78	0.05
EPS Growth	11.04%	11.04%	-5.36%	43.59%	1565.24%	-95.13%
Free Cash Flow	-	-	2,304	2,859	2,880	2,827
Free Cash Flow Per Share	-	-	1.03	1.27	1.27	1.25
Dividend Per Share	1.150	1.150	1.130	1.110	1.080	1.050
Dividend Growth	1.77%	1.77%	1.80%	2.78%	2.86%	5.00%
Gross Margin	51.60%	51.60%	49.49%	37.97%	46.65%	57.09%
Operating Margin	29.03%	29.03%	27.70%	21.01%	27.33%	29.85%
Profit Margin	17.30%	17.30%	15.50%	13.20%	10.66%	0.91%
Free Cash Flow Margin	-	-	15.03%	14.89%	17.34%	24.16%
EBITDA	6,728	6,728	6,440	6,169	6,628	5,610
EBITDA Margin	44.56%	44.56%	42.00%	32.13%	39.90%	47.95%
D&A For EBITDA	2,344	2,344	2,192	2,136	2,088	2,118
EBIT	4,384	4,384	4,248	4,033	4,540	3,492
EBIT Margin	29.03%	29.03%	27.70%	21.01%	27.33%	29.85%
Effective Tax Rate	20.16%	20.16%	22.34%	21.29%	16.63%	72.77%
Revenue as Reported	-	-	15,334	19,200	16,610	11,700

Source: S&P Capital IQ. Standard template. Financial Sources.