Kinder Morgan, Inc. (KMI) Gross Margin: 46.95%
Is Kinder Morgan, Inc.’s gross margin high or low?
Kinder Morgan, Inc.'s gross margin of 46.95% is 30% above its 5-year average of 35.99%, near the high end of its 5-year range (28.15%–46.95%).
As of Tuesday, June 23, 2026. 16.89% above its 12-month average of 40.16%.
KMI Gross Margin Chart
KMI Average Gross Margin Chart
KMI Current vs Average Gross Margin Chart
KMI Gross Margin Metrics
GROSS MARGIN
46.95%
GROSS MARGIN AVG TTM
40.16%
GROSS MARGIN AVG 3Y
35.59%
GROSS MARGIN AVG 5Y
35.99%
GROSS MARGIN AVG 10Y
36.08%
GROSS MARGIN AVG 15Y
36.11%
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+16.89%
CURRENT VS 3Y AVG
+31.93%
CURRENT VS 5Y AVG
+30.43%
CURRENT VS 10Y AVG
+30.11%
CURRENT VS 15Y AVG
+30.03%
CURRENT VS 20Y AVG
N/A
KMI Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Kinder Morgan, Inc. (KMI) | $71.75B | 46.95% | 40.16% | 35.59% | 35.99% |
| SLB N.V. (SLB)vs › | $71.69B | 17.33% | 19.38% | 19.24% | 17.32% |
| Marathon Petroleum Corporation (MPC)vs › | $72.19B | 8.80% | 7.12% | 9.52% | 7.42% |
| Valero Energy Corporation (VLO)vs › | $72.39B | 7.24% | 4.02% | 6.61% | 4.66% |
| EOG Resources, Inc. (EOG)vs › | $70.52B | 71.29% | 71.91% | 76.49% | 71.49% |
| Phillips 66 (PSX)vs › | $67.52B | 7.04% | 4.16% | 5.87% | 4.46% |
| Suncor Energy Inc. (SU)vs › | $66.39B | 55.48% | 58.87% | 59.64% | 59.36% |
| Targa Resources Corp. (TRGP)vs › | $56.78B | 29.88% | 23.26% | 18.91% | 17.67% |
| Canadian Natural Resources Limited (CNQ)vs › | $87.16B | 30.69% | 35.30% | 33.06% | 27.47% |
| ONEOK, Inc. (OKE)vs › | $54.37B | 23.95% | 22.40% | 22.74% | 22.07% |
Gross Margin Analysis
Gross Margin
47.0%
(Revenue - COGS) / Revenue
Kinder Morgan, Inc. Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Kinder Morgan, Inc. Gross Margin FAQ
- What is the gross margin for Kinder Morgan, Inc. (KMI)?
- The gross margin for KMI stock is 46.95%.
- Is Kinder Morgan, Inc.'s gross margin high or low?
- Kinder Morgan, Inc.'s gross margin of 46.95% is 30% above its 5-year average of 35.99%, near the high end of its 5-year range (28.15%–46.95%).
- What is the TTM average gross margin for Kinder Morgan, Inc. (KMI)?
- The TTM average gross margin for KMI stock is 40.16%.
- What is the 3Y average gross margin for Kinder Morgan, Inc. (KMI)?
- The 3Y average gross margin for KMI stock is 35.59%.
- What is the 5Y average gross margin for Kinder Morgan, Inc. (KMI)?
- The 5Y average gross margin for KMI stock is 35.99%.
- What is the 10Y average gross margin for Kinder Morgan, Inc. (KMI)?
- The 10Y average gross margin for KMI stock is 36.08%.
- What is the 15Y average gross margin for Kinder Morgan, Inc. (KMI)?
- The 15Y average gross margin for KMI stock is 36.11%.
Kinder Morgan, Inc. Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2025-12-31 | 43.66% |
| 2024-12-31 | 36.67% |
| 2023-12-31 | 33.87% |
| 2022-12-31 | 28.15% |
| 2021-12-31 | 36.30% |
| 2020-12-31 | 37.32% |
| 2019-12-31 | 37.21% |
| 2018-12-31 | 35.12% |
| 2017-12-31 | 33.23% |
| 2016-12-31 | 38.22% |
| 2015-12-31 | 37.17% |
| 2014-12-31 | 35.22% |
| 2013-12-31 | 34.91% |
| 2012-12-31 | 38.04% |
| 2011-12-31 | 27.55% |
| 2010-12-31 | 25.47% |
| 2009-12-31 | 26.05% |
| 2008-12-31 | 17.48% |
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