Financials Kinder Morgan, Inc.

Equities

KMI

US49456B1017

Oil & Gas Transportation Services

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
18.68 USD -0.64% Intraday chart for Kinder Morgan, Inc. -0.85% +5.90%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 47,949 30,946 35,961 40,639 39,210 41,458 - -
Enterprise Value (EV) 1 82,156 62,988 67,239 71,567 71,243 72,035 73,390 73,175
P/E ratio 22.1 x 273 x 20.3 x 16.1 x 16.6 x 15 x 14.6 x 14.1 x
Yield 4.72% 7.68% 6.81% 6.14% 6.41% 6.16% 6.32% 6.53%
Capitalization / Revenue 3.63 x 2.64 x 2.17 x 2.12 x 2.56 x 2.4 x 2.29 x 2.16 x
EV / Revenue 6.22 x 5.38 x 4.05 x 3.73 x 4.65 x 4.16 x 4.05 x 3.82 x
EV / EBITDA 10.8 x 9.05 x 8.46 x 9.52 x 9.42 x 8.88 x 8.87 x 8.62 x
EV / FCF 38.2 x 22.2 x 15.2 x 21.4 x 17.1 x 29.3 x 22.7 x 22.5 x
FCF Yield 2.62% 4.51% 6.58% 4.68% 5.86% 3.42% 4.4% 4.45%
Price to Book 1.42 x 0.98 x 1.16 x 1.33 x 1.3 x 1.38 x 1.38 x 1.37 x
Nbr of stocks (in thousands) 2,264,965 2,263,794 2,267,426 2,247,742 2,222,774 2,219,384 - -
Reference price 2 21.17 13.67 15.86 18.08 17.64 18.68 18.68 18.68
Announcement Date 1/22/20 1/20/21 1/19/22 1/18/23 1/17/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 13,209 11,700 16,610 19,200 15,334 17,308 18,109 19,168
EBITDA 1 7,618 6,962 7,946 7,516 7,561 8,109 8,275 8,492
EBIT 1 4,873 1,560 2,916 4,065 4,263 4,414 4,696 4,721
Operating Margin 36.89% 13.33% 17.56% 21.17% 27.8% 25.5% 25.93% 24.63%
Earnings before Tax (EBT) 1 3,165 661 2,219 3,335 3,201 3,699 3,581 3,779
Net income 1 2,190 119 1,784 2,548 2,391 2,755 2,780 2,884
Net margin 16.58% 1.02% 10.74% 13.27% 15.59% 15.92% 15.35% 15.04%
EPS 2 0.9600 0.0500 0.7800 1.120 1.060 1.249 1.277 1.329
Free Cash Flow 1 2,153 2,843 4,427 3,346 4,174 2,462 3,231 3,253
FCF margin 16.3% 24.3% 26.65% 17.43% 27.22% 14.23% 17.84% 16.97%
FCF Conversion (EBITDA) 28.26% 40.84% 55.71% 44.52% 55.2% 30.36% 39.04% 38.31%
FCF Conversion (Net income) 98.31% 2,389.08% 248.15% 131.32% 174.57% 89.35% 116.2% 112.8%
Dividend per Share 2 1.000 1.050 1.080 1.110 1.130 1.151 1.181 1.220
Announcement Date 1/22/20 1/20/21 1/19/22 1/18/23 1/17/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 4,425 4,293 5,151 5,177 4,579 3,888 3,501 3,907 4,038 3,842 4,119 4,352 4,496 4,233 3,821
EBITDA 1 1,804 1,967 1,819 1,773 1,957 1,996 1,805 1,835 1,925 2,137 1,896 1,935 2,127 2,163 1,961
EBIT 1 950 1,024 1,006 931 1,104 1,194 1,030 938 1,101 1,223 987.3 1,004 1,227 1,232 1,094
Operating Margin 21.47% 23.85% 19.53% 17.98% 24.11% 30.71% 29.42% 24.01% 27.27% 31.83% 23.97% 23.06% 27.29% 29.11% 28.62%
Earnings before Tax (EBT) 1 775 878 837 729 891 899 778 700 824 982 802.3 768.9 1,059 1,019 857.6
Net income 1 637 667 635 576 670 679 586 532 594 746 561.9 627.4 804 806.6 553.2
Net margin 14.4% 15.54% 12.33% 11.13% 14.63% 17.46% 16.74% 13.62% 14.71% 19.42% 13.64% 14.42% 17.88% 19.06% 14.48%
EPS 2 0.2800 0.2900 0.2800 0.2500 0.3000 0.3000 0.2600 0.2400 0.2700 0.3300 0.2637 0.2847 0.3507 0.3448 0.2617
Dividend per Share 2 0.2700 0.2775 0.2775 0.2775 0.2775 0.2825 0.2825 0.2825 0.2825 0.2875 0.2891 0.2891 0.2891 0.2975 0.2975
Announcement Date 1/19/22 4/20/22 7/20/22 10/19/22 1/18/23 4/19/23 7/19/23 10/18/23 1/17/24 4/17/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 34,207 32,042 31,278 30,928 32,033 30,577 31,932 31,717
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 4.49 x 4.602 x 3.936 x 4.115 x 4.237 x 3.771 x 3.859 x 3.735 x
Free Cash Flow 1 2,153 2,843 4,427 3,346 4,174 2,462 3,231 3,253
ROE (net income / shareholders' equity) 6.5% 0.37% 5.73% 8.28% 7.9% 9.63% 8.91% 9.57%
ROA (Net income/ Total Assets) 2.86% 2.75% 2.51% 3.63% 3.39% 4.1% 3.6% 3.8%
Assets 1 76,512 4,324 71,195 70,247 70,549 67,205 77,227 75,885
Book Value Per Share 2 14.90 13.90 13.60 13.60 13.60 13.60 13.60 13.70
Cash Flow per Share 2 2.200 2.010 2.520 2.200 2.910 2.540 2.780 2.840
Capex 1 3,569 1,707 1,281 1,621 2,317 3,236 3,363 3,315
Capex / Sales 27.02% 14.59% 7.71% 8.44% 15.11% 18.7% 18.57% 17.3%
Announcement Date 1/22/20 1/20/21 1/19/22 1/18/23 1/17/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
22
Last Close Price
18.68 USD
Average target price
20.38 USD
Spread / Average Target
+9.12%
Consensus
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  4. Financials Kinder Morgan, Inc.