Kinder Morgan, Inc. income statement & cash flow
In the fiscal year ended Dec 31, 2025, Kinder Morgan, Inc. reported net income of $3.06B on revenue of $16.94B. Operating cash flow was $5.92B and capital expenditures were $3.03B, leaving $2.89B of free cash flow (operating cash flow minus capital expenditures).
Income statement and cash flow summary
| Fiscal year ended | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13.06B | $13.71B | $14.14B | $13.21B | $11.70B | $16.61B | $19.20B | $15.33B | $15.10B | $16.94B |
| Operating income | $3.54B | $3.53B | $3.79B | $4.87B | $1.56B | $2.92B | $4.07B | $4.26B | $4.38B | $4.72B |
| Net income | $708.00M | $183.00M | $1.61B | $2.19B | $119.00M | $1.78B | $2.55B | $2.39B | $2.61B | $3.06B |
| Diluted EPS | $0.25 | $0.01 | — | $0.96 | $0.05 | $0.78 | $1.12 | $1.06 | $1.17 | $1.37 |
| Operating cash flow | $4.76B | $4.60B | $5.04B | $4.75B | $4.55B | $5.71B | $4.97B | $6.49B | $5.63B | $5.92B |
| Capital expenditures | $2.88B | $3.19B | $2.90B | $2.27B | $1.71B | $1.28B | $1.62B | $2.32B | $2.63B | $3.03B |
| Reported in | 10-K 2019 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 | 10-K 2026 |
Margins
Each figure divided by revenue for the same fiscal year.
| Fiscal year ended | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| Dec 2025 | — | 27.9% | 18.0% |
| Dec 2024 | — | 29.0% | 17.3% |
| Dec 2023 | — | 27.8% | 15.6% |
| Dec 2022 | — | 21.2% | 13.3% |
| Dec 2021 | — | 17.6% | 10.7% |
Source: SEC EDGAR XBRL company facts for CIK 1506307 (raw data). Most recent filing in this dataset: 10-Q filed Oct 23, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.