Operating Income for Kinder Morgan (KMI)
According to Kinder Morgan's latest reported financial statements, the company's current operating income (TTM) is $5.01B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$5.01B
YoY change
+9.8%
5Y CAGR
+8.2%
Peak year (2021)
$5.28B
Cumulative operating income
$62.42B
Operating Income history chart for Kinder Morgan (KMI) from 2008 to 2025
Operating Income history table for Kinder Morgan (KMI) from 2008 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $4.81B | +9.8% | ||
| 2024 | $4.38B | +8.4% | ||
| 2023 | $4.04B | -8.6% | ||
| 2022 | $4.43B | -16.2% | ||
| 2021 | $5.28B | +62.7% | ||
| 2020 | $3.25B | -16.3% | ||
| 2019 | $3.88B | -4.6% | ||
| 2018 | $4.07B | +18.3% | ||
| 2017 | $3.44B | -10.8% | ||
| 2016 | $3.86B | -4.6% | ||
| 2015 | $4.04B | -13.4% | ||
| 2014 | $4.67B | +19.4% | ||
| 2013 | $3.91B | +51.1% | ||
| 2012 | $2.59B | +67.1% | ||
| 2011 | $1.55B | +20.3% | ||
| 2010 | $1.29B | -5.0% | ||
| 2009 | $1.35B | -13.7% | ||
| 2008 | $1.57B | — |
Operating Income values are taken from Kinder Morgan's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual operating income for Kinder Morgan (KMI) came in at $4.81B – grew 9.8% year-over-year.
Over 2020–2025 (5 years), Kinder Morgan operating income expanded at a +8.2% compound annual rate, sustaining 2 straight years of year-over-year growth.
Kinder Morgan operating income peaked at $5.28B in 2021; the latest annual figure is $4.81B in 2025 (8.9% below peak).
$5.28B stands as the all-time-high annual operating income, posted in 2021, against a low of $1.29B during 2010.
Kinder Morgan (KMI) sits 7th of 8 Energy peers we track on this metric, against a peer median of $9.44B.
Kinder Morgan Operating Income by Year
Kinder Morgan Operating Income 2025: $4.81B
Kinder Morgan operating income in 2025 was $4.81B, grew 9.8% from 2024.
Kinder Morgan Operating Income 2024: $4.38B
Kinder Morgan operating income in 2024 was $4.38B, grew 8.4% from 2023.
Kinder Morgan Operating Income 2023: $4.04B
Kinder Morgan operating income in 2023 was $4.04B, declined 8.6% below 2022.
Kinder Morgan Operating Income 2022: $4.43B
Kinder Morgan operating income in 2022 was $4.43B, declined 16.2% below 2021.
Kinder Morgan Operating Income 2021: $5.28B
Kinder Morgan operating income in 2021 was $5.28B.
See more financial history for Kinder Morgan (KMI).
Sector peers — Operating Income
Companies in the same sector as Kinder Morgan, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Exxon Mobil Corporation (XOM) | $33.94B | Energy |
| Chevron Corporation (CVX) | $16.67B | Energy |
| ConocoPhillips (COP) | $11.49B | Energy |
| Enbridge Inc. (ENB) | $10.96B | Energy |
| EOG Resources, Inc. (EOG) | $7.93B | Energy |
| SLB N.V. (SLB) | $5.46B | Energy |
| The Williams Companies, Inc. (WMB) | $4.40B | Energy |
| Valero Energy Corporation (VLO) | $4.31B | Energy |
Frequently asked questions
What is Kinder Morgan's operating income?
- Latest reported operating income for Kinder Morgan (KMI) is $5.01B (period ending March 31, 2026).
How has Kinder Morgan operating income changed year-over-year?
- Kinder Morgan (KMI) operating income changed +9.8% year-over-year on the latest annual filing.
What is the long-term growth rate of Kinder Morgan operating income?
- Kinder Morgan (KMI) operating income compound annual growth rate is +8.2% over the most recent 5 years available.
When did Kinder Morgan operating income hit its highest annual value?
- Kinder Morgan operating income reached its highest annual value of $5.28B in 2021.
What was Kinder Morgan operating income in 2024?
- Kinder Morgan (KMI) operating income in 2024 was $4.38B.
What was Kinder Morgan operating income in 2025?
- Kinder Morgan (KMI) operating income in 2025 was $4.81B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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