Kinder Morgan, Inc. (KMI)
NYSE · Energy · market cap 69.15B
Share price
$32.72
At the last nightly close
Intrinsic value
$29.82
Range $29.82 – $37.72 — the conservative figure is the low end.
Margin of safety
-8.9%
($29.82 − $32.72) ÷ $32.72
EV / EBIT
27.5
On the median operating profit of 15 fiscal years through 2025.
How these numbers are computed
The valuations are calculated in Python from filed accounts, not written by a language model. Three methods run side by side: earnings power value, which capitalises a normalised operating profit; a free-cash-flow model; and the Graham Number as an asset-side cross-check. The conservative figure above starts from the lower of the first two; the Graham Number never enters it.
The frame gives no credit for growth unless the company has earned it: only a return on invested capital that has beaten the cost of capital year after year earns a growth credit, and that credit is capped. A company that compounds will therefore usually read as expensive against it — that is deliberate. It is a price-discipline floor, not a price target, and it is not a view on what the shares will do.
The EV/EBIT ranking uses the median operating profit of up to fifteen fiscal years — a full cycle — where the free screeners use the last twelve months. When the data cannot support a method, the figure reads n/a rather than a number: a free-cash-flow valuation on a bank, a PEG on erratic earnings, a multiple on a company with no operating profit to speak of.
Fundamentals from SEC EDGAR. Prices, market data and technicals from yfinance. Valuation computed 2026-10-26.
Key metrics
Market position
Annual financials
| Period | Revenue | Operating income | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|
| 2025-FY | 16.94B | 4.72B | 3.06B | 1.37 | 2.89B |
| 2024-FY | 15.10B | 4.38B | 2.61B | 1.17 | 3.01B |
| 2023-FY | 15.33B | 4.26B | 2.39B | 1.06 | 4.17B |
| 2022-FY | 19.20B | 4.07B | 2.55B | 1.12 | 3.35B |
| 2021-FY | 16.61B | 2.92B | 1.78B | 0.78 | 4.43B |
Filed figures from SEC EDGAR, in the reporting currency.
Next earnings
Recent news
- Kinder Morgan (KMI) Stock News & Updates | StockTitanstocktitan.net
- Kinder Morgan (KMI) Earnings: Latest Report, Earnings Call & Financialspublic.com
- Kinder Morgan Slides as No Fresh Company Catalyst Emerges and Broader Rate Pressure Weighs | Quiver Quantitativequiverquant.com
- Kinder Morgan (KMI) Stock Price & Overviewstockanalysis.com
- Kinder Morgan - Financials - Quarterly Resultsir.kindermorgan.com
Headlines link to their source. Sperio does not republish article text.
The figures above are the arithmetic. To see what a board of eight AI agents makes of them — macro, sector, filings, news and a devil's advocate whose only job is to attack the thesis — run the full analysis on KMI.
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This page presents computed figures and filed financial data for information only. It is not investment advice, not a recommendation to buy or sell any security, and not a statement about what these shares will do. Sperio is a research tool, not an investment adviser. Figures are derived automatically from public filings and market data and may be incomplete, out of date or wrong. See the Terms & Disclaimer.