Kinder Morgan, Inc. (KMI) EBITDA Margin: 44.12%
Is Kinder Morgan, Inc.’s EBITDA margin high or low?
Kinder Morgan, Inc.'s EBITDA margin of 44.12% is in line with its 5-year average of 41.73%, around the middle of its 5-year range (33.37%–50.60%).
As of Tuesday, June 23, 2026. 6.84% below its 12-month average of 47.36%.
KMI EBITDA Margin Chart
KMI Average EBITDA Margin Chart
KMI Current vs Average EBITDA Margin Chart
KMI EBITDA Margin Metrics
EBITDA MARGIN
44.12%
EBITDA MARGIN AVG TTM
47.36%
EBITDA MARGIN AVG 3Y
44.63%
EBITDA MARGIN AVG 5Y
41.73%
EBITDA MARGIN AVG 10Y
43.66%
EBITDA MARGIN AVG 15Y
42.19%
EBITDA MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-6.84%
CURRENT VS 3Y AVG
-1.15%
CURRENT VS 5Y AVG
+5.74%
CURRENT VS 10Y AVG
+1.05%
CURRENT VS 15Y AVG
+4.58%
CURRENT VS 20Y AVG
N/A
KMI Competitors' EBITDA Margin
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Kinder Morgan, Inc. (KMI) | $71.75B | 44.12% | 47.36% | 44.63% | 41.73% |
| SLB N.V. (SLB)vs › | $71.69B | 20.01% | 21.13% | 21.98% | 11.82% |
| Marathon Petroleum Corporation (MPC)vs › | $72.19B | 8.80% | 8.21% | 10.74% | 6.07% |
| Valero Energy Corporation (VLO)vs › | $72.39B | 5.48% | 5.45% | 7.86% | 6.13% |
| EOG Resources, Inc. (EOG)vs › | $70.52B | 50.08% | 51.70% | 51.77% | 47.63% |
| Phillips 66 (PSX)vs › | $67.52B | 7.38% | 5.78% | 7.47% | 4.77% |
| Suncor Energy Inc. (SU)vs › | $66.39B | 33.09% | 32.67% | 34.02% | 29.42% |
| Targa Resources Corp. (TRGP)vs › | $56.78B | 28.33% | 26.61% | 23.35% | 16.56% |
| Canadian Natural Resources Limited (CNQ)vs › | $87.16B | 49.56% | 47.59% | 45.34% | 44.25% |
| ONEOK, Inc. (OKE)vs › | $54.37B | 23.16% | 26.82% | 24.48% | 23.45% |
Margin Comparison
Gross Margin
47.0%
EBITDA Margin
44.1%
Operating Margin
28.6%
Net Margin
18.9%
Formula: EBITDA Margin = (EBITDA / Revenue) × 100
Why EBITDA Margin matters:
- Removes effects of depreciation policies (D&A)
- Capital structure neutral (ignores interest)
- Tax neutral (ignores tax differences)
- Good proxy for operating cash generation
Kinder Morgan, Inc. EBITDA Margin Formula & Definition
EBITDA Margin = EBITDA / Revenue
EBITDA margin measures operating profitability before interest, taxes, depreciation, and amortization as a percentage of revenue.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Kinder Morgan, Inc. EBITDA Margin FAQ
- What is the EBITDA margin for Kinder Morgan, Inc. (KMI)?
- The EBITDA margin for KMI stock is 44.12%.
- Is Kinder Morgan, Inc.'s EBITDA margin high or low?
- Kinder Morgan, Inc.'s EBITDA margin of 44.12% is in line with its 5-year average of 41.73%, around the middle of its 5-year range (33.37%–50.60%).
- What is the TTM average EBITDA margin for Kinder Morgan, Inc. (KMI)?
- The TTM average EBITDA margin for KMI stock is 47.36%.
- What is the 3Y average EBITDA margin for Kinder Morgan, Inc. (KMI)?
- The 3Y average EBITDA margin for KMI stock is 44.63%.
- What is the 5Y average EBITDA margin for Kinder Morgan, Inc. (KMI)?
- The 5Y average EBITDA margin for KMI stock is 41.73%.
- What is the 10Y average EBITDA margin for Kinder Morgan, Inc. (KMI)?
- The 10Y average EBITDA margin for KMI stock is 43.66%.
- What is the 15Y average EBITDA margin for Kinder Morgan, Inc. (KMI)?
- The 15Y average EBITDA margin for KMI stock is 42.19%.
Kinder Morgan, Inc. EBITDA Margin History
| DATE | EBITDA MARGIN |
|---|---|
| 2025-12-31 | 44.12% |
| 2024-12-31 | 50.60% |
| 2023-12-31 | 47.87% |
| 2022-12-31 | 35.95% |
| 2021-12-31 | 33.37% |
| 2020-12-31 | 38.44% |
| 2019-12-31 | 55.96% |
| 2018-12-31 | 46.98% |
| 2017-12-31 | 45.91% |
| 2016-12-31 | 44.34% |
| 2015-12-31 | 36.72% |
| 2014-12-31 | 42.88% |
| 2013-12-31 | 49.23% |
| 2012-12-31 | 41.92% |
| 2011-12-31 | 33.74% |
| 2010-12-31 | 26.99% |
| 2009-12-31 | 38.54% |
| 2008-12-31 | -11.29% |
Related Metrics
About Kinder Morgan, Inc.
Kinder Morgan, Inc. operates as a leading energy infrastructure company across North America. Its extensive operations are categorized into four primary business segments: Natural Gas Pipelines, Products Pipelines, Terminals, and CO2. The Natural Gas Pipelines segment manages a vast network of interstate and intrastate natural gas pipelines, along with underground storage systems. This includes natural gas gathering systems, processing and treatment facilities, natural gas liquids fractionation plants, transportation systems, and infrastructure for liquefied natural gas liquefaction and storage. Within its Products Pipelines segment, the company owns and operates pipelines designed for refined petroleum products, crude oil, and condensate, supported by associated product terminals and facilities for petroleum pipeline transmix. The Terminals segment involves the ownership and operation of both liquid and bulk terminals that are utilized for storing and handling a wide array of commodities, such as gasoline, diesel fuel, various chemicals, ethanol, metals, and petroleum coke. This division also includes the ownership of tankers. Lastly, the CO2 segment is dedicated to the production, transportation, and marketing of carbon dioxide, primarily for enhanced oil recovery from mature oil fields. This segment also holds interests in or operates oil fields and gasoline processing plants, oversees a crude oil pipeline system located in West Texas, and manages renewable natural gas (RNG) and liquefied natural gas (LNG) facilities. In total, Kinder Morgan owns and operates approximately 83,000 miles of pipelines and 143 terminals. The company, initially named Kinder Morgan Holdco LLC, officially changed its name to Kinder Morgan, Inc. in February 2011. Founded in 1936, its corporate headquarters are situated in Houston, Texas.
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- CEO
- Kimberly Allen Dang