TTM
46.9%
YoY change
+6.99pp
Trough year (2008)
17.5%
Peak year (2025)
43.7%
Latest annual
43.7%
Gross Margin history chart for Kinder Morgan (KMI) from 2008 to 2025
Latest: 43.7%
Gross Margin change chart for Kinder Morgan (KMI) from 2008 to 2025
Latest: +6.99pp
Gross Margin history table for Kinder Morgan (KMI) from 2008 to 2025
| 2025 | 43.7% | +6.99pp | ||
| 2024 | 36.7% | +2.80pp | ||
| 2023 | 33.9% | +5.73pp | ||
| 2022 | 28.1% | -8.16pp | ||
| 2021 | 36.3% | -1.02pp | ||
| 2020 | 37.3% | +0.11pp | ||
| 2019 | 37.2% | +2.09pp | ||
| 2018 | 35.1% | +1.89pp | ||
| 2017 | 33.2% | -4.99pp | ||
| 2016 | 38.2% | +1.05pp | ||
| 2015 | 37.2% | +1.95pp | ||
| 2014 | 35.2% | +0.31pp | ||
| 2013 | 34.9% | -3.13pp | ||
| 2012 | 38.0% | +10.49pp | ||
| 2011 | 27.5% | +2.08pp | ||
| 2010 | 25.5% | -0.58pp | ||
| 2009 | 26.0% | +8.56pp | ||
| 2008 | 17.5% | — |
- 202543.7%+6.99pp
- 202436.7%+2.80pp
- 202333.9%+5.73pp
- 202228.1%-8.16pp
- 202136.3%-1.02pp
- 202037.3%+0.11pp
- 201937.2%+2.09pp
- 201835.1%+1.89pp
- 201733.2%-4.99pp
- 201638.2%+1.05pp
- 201537.2%+1.95pp
- 201435.2%+0.31pp
- 201334.9%-3.13pp
- 201238.0%+10.49pp
- 201127.5%+2.08pp
- 201025.5%-0.58pp
- 200926.0%+8.56pp
- 200817.5%—
Gross Margin values are taken from Kinder Morgan's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at Kinder Morgan (KMI)
According to Kinder Morgan's latest reported financial statements, the company's latest reported gross margin is 46.9%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Kinder Morgan (KMI) most recent annual gross margin stands at 43.66% (2025) – expanded 7.0 percentage points year-over-year.
The highest annual gross margin of 43.66% was reported in 2025. The lowest in the available history was 17.48% in 2008.
Kinder Morgan Gross Margin by Year
Kinder Morgan Gross Margin 2025: 43.7%
2025's gross margin for Kinder Morgan came in at 43.66%, expanded 7.0 percentage points from 2024. This figure represents the highest annual value in the available history.
Kinder Morgan Gross Margin 2024: 36.7%
Kinder Morgan posted gross margin of 36.67% in 2024, expanded 2.8 percentage points from 2023.
Kinder Morgan Gross Margin 2023: 33.9%
In 2023, Kinder Morgan reported gross margin of 33.87%, expanded 5.7 percentage points from 2022.
Kinder Morgan Gross Margin 2022: 28.1%
Kinder Morgan gross margin in 2022 was 28.15%, contracted 8.2 percentage points from 2021.
Kinder Morgan Gross Margin 2021: 36.3%
Kinder Morgan gross margin in 2021 was 36.30%.
See more financial history for Kinder Morgan (KMI).
Sector peers by Gross Margin
Energy peers of Kinder Morgan (KMI), ranked by their latest gross margin
| 62.8% | |
| 30.7% | |
| 29.2% | |
| 25.5% | |
| 25.4% | |
| 17.3% | |
| 8.8% | |
| 7.2% |
- 30.7%
- 29.2%
- 25.5%
- 25.4%
- 17.3%
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