Kinder Morgan, Inc. (KMI)

Kinder Morgan Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	14,897	15,157	19,042	16,471	11,509	13,009
Other Revenue	254	177	158	139	191	200
Revenue	15,151	15,334	19,200	16,610	11,700	13,209
Revenue Growth (YoY)	-4.56%	-20.14%	15.59%	41.97%	-11.42%	-6.61%
Cost of Revenue	7,401	7,745	11,910	8,861	5,020	5,854
Gross Profit	7,750	7,589	7,290	7,749	6,680	7,355
Selling, General & Admin	701	668	637	655	648	590
Other Operating Expenses	422	423	434	419	376	423
Operating Expenses	3,448	3,341	3,257	3,209	3,188	3,498
Operating Income	4,302	4,248	4,033	4,540	3,492	3,857
Interest Expense	-1,854	-1,797	-1,513	-1,492	-1,595	-1,801
Earnings From Equity Investments	893	838	803	591	780	101
Currency Exchange Gain (Loss)	28	17	-68	-105	125	-31
Other Non Operating Income (Expenses)	-55	-54	151.5	181	-79	106
EBT Excluding Unusual Items	3,314	3,252	3,407	3,715	2,723	2,232
Impairment of Goodwill	-	-	-	-	-1,600	-
Gain (Loss) on Sale of Investments	-49	-66	-75	128	-120	-83
Gain (Loss) on Sale of Assets	75	15	32	10	44	1,306
Asset Writedown	-	-	-	-1,634	-386	-290
Other Unusual Items	-	-	-28.5	-	-	-
Pretax Income	3,340	3,201	3,335	2,219	661	3,165
Income Tax Expense	696	715	710	369	481	926
Earnings From Continuing Operations	2,644	2,486	2,625	1,850	180	2,239
Net Income to Company	2,644	2,486	2,625	1,850	180	2,239
Minority Interest in Earnings	-104	-95	-77	-66	-61	-49
Net Income	2,540	2,391	2,548	1,784	119	2,190
Preferred Dividends & Other Adjustments	14	14	13	14	13	12
Net Income to Common	2,526	2,377	2,535	1,770	106	2,178
Net Income Growth	2.96%	-6.16%	42.83%	1399.16%	-94.57%	36.11%
Shares Outstanding (Basic)	2,221	2,234	2,258	2,266	2,263	2,264
Shares Outstanding (Diluted)	2,221	2,234	2,258	2,266	2,263	2,264
Shares Change (YoY)	-0.87%	-1.06%	-0.35%	0.13%	-0.04%	2.17%
EPS (Basic)	1.14	1.06	1.12	0.78	0.05	0.96
EPS (Diluted)	1.13	1.06	1.12	0.78	0.05	0.96
EPS Growth	3.81%	-5.36%	43.59%	1565.24%	-95.13%	44.73%
Free Cash Flow	2,047	2,304	2,859	2,880	2,827	2,399
Free Cash Flow Per Share	0.92	1.03	1.27	1.27	1.25	1.06
Dividend Per Share	1.145	1.130	1.110	1.080	1.050	1.000
Dividend Growth	1.78%	1.80%	2.78%	2.86%	5.00%	25.00%
Gross Margin	51.15%	49.49%	37.97%	46.65%	57.09%	55.68%
Operating Margin	28.39%	27.70%	21.01%	27.33%	29.85%	29.20%
Profit Margin	16.67%	15.50%	13.20%	10.66%	0.91%	16.49%
Free Cash Flow Margin	13.51%	15.03%	14.89%	17.34%	24.16%	18.16%
EBITDA	6,569	6,440	6,169	6,628	5,610	6,267
EBITDA Margin	43.36%	42.00%	32.13%	39.90%	47.95%	47.44%
D&A For EBITDA	2,267	2,192	2,136	2,088	2,118	2,410
EBIT	4,302	4,248	4,033	4,540	3,492	3,857
EBIT Margin	28.39%	27.70%	21.01%	27.33%	29.85%	29.20%
Effective Tax Rate	20.84%	22.34%	21.29%	16.63%	72.77%	29.26%
Revenue as Reported	15,151	15,334	19,200	16,610	11,700	13,209

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