Kinder Morgan, Inc. (KMI) Return on Invested Capital (ROIC): 5.33%
Is Kinder Morgan, Inc.’s return on invested capital (ROIC) high or low?
Kinder Morgan, Inc.'s return on invested capital (ROIC) of 5.33% is 14% above its 5-year average of 4.66%, near the high end of its 5-year range (1.27%–6.36%).
As of Tuesday, June 23, 2026. 2.01% above its 12-month average of 5.22%.
KMI Return on Invested Capital (ROIC) Chart
KMI Average Return on Invested Capital (ROIC) Chart
KMI Current vs Average Return on Invested Capital (ROIC) Chart
KMI Return on Invested Capital (ROIC) Metrics
RETURN ON INVESTED CAPITAL (ROIC)
5.33%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
5.22%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
5.08%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
4.66%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
3.63%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
3.67%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+2.01%
CURRENT VS 3Y AVG
+4.92%
CURRENT VS 5Y AVG
+14.42%
CURRENT VS 10Y AVG
+46.65%
CURRENT VS 15Y AVG
+45.26%
CURRENT VS 20Y AVG
N/A
KMI Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Kinder Morgan, Inc. (KMI) | $71.75B | 5.33% | 5.22% | 5.08% | 4.66% |
| SLB N.V. (SLB)vs › | $71.69B | 10.34% | 12.04% | 11.73% | 9.77% |
| Marathon Petroleum Corporation (MPC)vs › | $72.19B | 7.03% | 7.14% | 12.45% | 6.94% |
| Valero Energy Corporation (VLO)vs › | $72.39B | 7.12% | 6.89% | 15.02% | 10.37% |
| EOG Resources, Inc. (EOG)vs › | $70.52B | 58.12% | 36.44% | 28.12% | 20.84% |
| Phillips 66 (PSX)vs › | $67.52B | 4.75% | 3.97% | 7.78% | 5.11% |
| Suncor Energy Inc. (SU)vs › | $66.39B | 14.20% | 14.64% | 16.89% | 14.14% |
| Targa Resources Corp. (TRGP)vs › | $56.78B | 12.07% | 11.95% | 11.67% | 11.25% |
| Canadian Natural Resources Limited (CNQ)vs › | $87.16B | 7.95% | 12.09% | 13.42% | 10.69% |
| ONEOK, Inc. (OKE)vs › | $54.37B | 8.62% | 7.46% | 8.21% | 8.27% |
Capital Efficiency
ROIC
5.3%
ROE
10.6%
Kinder Morgan, Inc. Return on Invested Capital (ROIC) Formula & Definition
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Kinder Morgan, Inc. Return on Invested Capital (ROIC) FAQ
- What is the return on invested capital (ROIC) for Kinder Morgan, Inc. (KMI)?
- The return on invested capital (ROIC) for KMI stock is 5.33%.
- Is Kinder Morgan, Inc.'s return on invested capital (ROIC) high or low?
- Kinder Morgan, Inc.'s return on invested capital (ROIC) of 5.33% is 14% above its 5-year average of 4.66%, near the high end of its 5-year range (1.27%–6.36%).
- What is the TTM average return on invested capital (ROIC) for Kinder Morgan, Inc. (KMI)?
- The TTM average return on invested capital (ROIC) for KMI stock is 5.22%.
- What is the 3Y average return on invested capital (ROIC) for Kinder Morgan, Inc. (KMI)?
- The 3Y average return on invested capital (ROIC) for KMI stock is 5.08%.
- What is the 5Y average return on invested capital (ROIC) for Kinder Morgan, Inc. (KMI)?
- The 5Y average return on invested capital (ROIC) for KMI stock is 4.66%.
- What is the 10Y average return on invested capital (ROIC) for Kinder Morgan, Inc. (KMI)?
- The 10Y average return on invested capital (ROIC) for KMI stock is 3.63%.
- What is the 15Y average return on invested capital (ROIC) for Kinder Morgan, Inc. (KMI)?
- The 15Y average return on invested capital (ROIC) for KMI stock is 3.67%.
Kinder Morgan, Inc. Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-12-31 | 5.33% |
| 2024-12-31 | 5.12% |
| 2023-12-31 | 4.63% |
| 2022-12-31 | 5.24% |
| 2021-12-31 | 6.36% |
| 2020-12-31 | 1.27% |
| 2019-12-31 | 3.84% |
| 2018-12-31 | 4.17% |
| 2017-12-31 | 0.47% |
| 2016-12-31 | 2.20% |
| 2015-12-31 | 1.35% |
| 2014-12-31 | 4.65% |
| 2013-12-31 | 4.29% |
| 2012-12-31 | 3.34% |
| 2011-12-31 | 3.42% |
| 2010-12-31 | 3.03% |
| 2009-12-31 | 3.66% |
| 2008-12-31 | 0.00% |
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