Forward PE Ratio: 22.14
The forward PE ratio is 22.14 as of Thursday, July 9, 2026.
Forward PE Ratio (22.14) = Close Price ($32.40) / Consensus Forward EPS ($1.47)
KMI Forward PE Ratio Metrics
FORWARD PE RATIO
22.14
KMI Competitors' Forward PE Ratio
Kinder Morgan, Inc.
Market Cap
$72.08B
Forward PE Ratio
22.14
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Kinder Morgan, Inc. (KMI) | $72.08B | 22.14 |
| EOG Resources, Inc. (EOG)vs › | $71.13B | 8.12 |
| Slb N.V. (SLB)vs › | $70.63B | 18.54 |
| Eni S.p.A. (E)vs › | $69.86B | 9.35 |
| Suncor Energy Inc. (SU)vs › | $69.06B | 6.21 |
| Energy Transfer LP (ET)vs › | $68.10B | 13.33 |
| Phillips 66 (PSX)vs › | $76.11B | 10.42 |
| Enterprise Products Partners L.P. (EPD)vs › | $80.68B | 13.03 |
| Marathon Petroleum Corporation (MPC)vs › | $82.71B | 8.93 |
| Valero Energy Corporation (VLO)vs › | $83.51B | 9.46 |
Trailing vs Forward
Trailing P/E
21.8
reported TTM EPS
Forward P/E
22.1
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $1.47 implies -1.3% EPS decline vs the reported trailing $1.49.
Forward P/E by Fiscal Year
View All Analyst EstimatesAt today's $32.40 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $1.47 | $1.35 – $1.63 | 9 | 22.1x |
| 2027-12-31 | $1.50 | $1.37 – $1.70 | 9 | 21.6x |
| 2028-12-31 | $1.64 | $1.47 – $1.78 | 6 | 19.8x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
Forward PE Ratio Formula & Definition
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Forward PE Ratio FAQ
- What is the forward PE ratio for Kinder Morgan, Inc. (KMI)?
- The forward PE ratio for KMI stock is 22.14.
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