Kinder Morgan, Inc. (NYSE:KMI) is a leading energy infrastructure company in North America, specializing in the transportation and storage of oil and natural gas. The company operates a vast network of pipelines and terminals, making it a key player in the energy sector. Kinder Morgan competes with other major companies like Enbridge and Williams Companies in the pipeline industry.
On January 21, 2026, Kinder Morgan reported earnings per share (EPS) of $0.39, surpassing the estimated $0.36. This performance also exceeded the Zacks Consensus Estimate of $0.37 per share, marking a 6.85% earnings surprise. Compared to the same quarter last year, where EPS was $0.32, this represents a significant improvement. In the previous quarter, the company met expectations with an EPS of $0.29.
Kinder Morgan's revenue for the quarter ending December 2025 was approximately $4.51 billion, exceeding the estimated $4.32 billion. This figure also surpassed the Zacks Consensus Estimate by 2.11% and marked an increase from the $3.99 billion reported in the same quarter the previous year. The company has consistently exceeded consensus revenue estimates over the past four quarters.
The company's net income attributable to the company for the fourth quarter was $996 million, a significant increase from $667 million in the same quarter the previous year. Additionally, the adjusted EBITDA rose by 10% year-over-year to approximately $2.27 billion. Kinder Morgan also announced a cash dividend of $0.29 per share, scheduled to be paid on February 17, 2026.
Kinder Morgan maintains a strong project backlog of $10 billion, driven by robust demand for natural gas, with natural gas projects comprising about 90% of the backlog. The company has a price-to-earnings (P/E) ratio of approximately 23.31 and a price-to-sales ratio of about 3.87. The debt-to-equity ratio is approximately 1.06, indicating a moderate level of debt relative to its equity.
