Kinder Morgan, Inc. (KMI): Valuation
TTM figures as of June 30, 2026
Kinder Morgan, Inc. trades at 19.8 times trailing earnings and a 4.60% free-cash-flow yield. On P/E that is higher than 19% of its own month-end history back to 2013. The Energy median P/E is 16.6.
Earnings yield 5.05%. Shareholder yield 3.82%. ROIC 6.2%. Net debt $32.2B.
153 month-end valuation observations are on file, starting December 2013.
Sector comparison uses 988 Energy names.
Frequently asked questions
Is KMI cheap versus its own history?
Kinder Morgan, Inc. trades at 19.8 times trailing earnings and a 4.60% free-cash-flow yield. On P/E that is higher than 19% of its own month-end history back to 2013. The Energy median P/E is 16.6.
What is KMI's free-cash-flow yield?
Kinder Morgan, Inc. currently yields 4.60% of market cap as trailing free cash flow.
Where do these valuation figures come from?
Yields and quality metrics are computed from the same SEC TTM figures as the financials page, against the live market cap. Historical bands reconstruct month-end market cap from split-adjusted closes and the share count in the units it was filed, then divide by those dollar totals. Nothing here is a third-party estimate.