Kinder Morgan Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	3,418	3,160	2,720	2,486	2,625	1,850
Depreciation & Amortization	2,476	2,453	2,354	2,250	2,261	2,213
Other Adjustments	710	527	637	629	588	1,883
Change in Receivables	-106	-192	52	301	-220	-265
Changes in Inventories	-18	-21	-12	188	-183	-202
Changes in Accounts Payable	-19	96	-5	-201	161	387
Changes in Accrued Expenses	1	-13	43	-13	50	-17
Changes in Income Taxes Payable	-3	-15	5	2	-5	-
Changes in Unearned Revenue	-	5	-58	870	-24	-28
Changes in Other Operating Activities	-127.5	-83	-101	-21	-286	-113
Operating Cash Flow	6,246	5,917	5,635	6,491	4,967	5,708
Operating Cash Flow Growth	11.38%	5.00%	-13.19%	30.68%	-12.98%	25.45%
Capital Expenditures	-3,064	-3,026	-2,629	-2,317	-1,621	-1,281
Sale of Property, Plant & Equipment	-	-	-	-	-	406
Purchases of Investments	-189	-178	-121	-212	-229	-38
Proceeds from Sale of Investments	331	712	177	228	156	163
Payments for Business Acquisitions	-	-648	-62	-1,842	-487	-1,547
Other Investing Activities	-28	-39	6	-32	6	-8
Investing Cash Flow	-2,568	-3,179	-2,629	-4,175	-2,175	-2,305
Long-Term Debt Issued	9,078	10,017	10,441	7,590	9,058	5,959
Long-Term Debt Repaid	-10,074	-10,054	-10,557	-7,356	-9,735	-6,831
Net Long-Term Debt Issued (Repaid)	-996	-37	-116	234	-677	-872
Repurchase of Common Stock	3.5	-	-7	-522	-368	-
Net Common Stock Issued (Repurchased)	3.5	-	-7	-522	-368	-
Common Dividends Paid	-2,616	-2,604	-2,557	-2,529	-2,504	-2,443
Other Financing Activities	-181	-202	-204	-200	404	-150
Financing Cash Flow	-3,793	-2,843	-2,887	-3,014	-3,145	-3,465
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-	-	-1	-	-	-
Net Cash Flow	-115	-105	118	-698	-353	-62
Free Cash Flow	3,182	2,891	3,006	4,174	3,346	4,427
Free Cash Flow Growth	10.07%	-3.83%	-27.98%	24.75%	-24.42%	55.72%
FCF Margin	18.16%	17.07%	19.91%	27.22%	17.43%	26.65%
Free Cash Flow Per Share	1.43	1.30	1.35	1.87	1.48	1.95
Levered Free Cash Flow	1,565	2,415	2,094	3,383	2,224	1,871
Unlevered Free Cash Flow	3,191	3,135	3,097	4,069	3,553	3,390

SEC Filings: 10-K · 10-Q