KINDER MORGAN, INC.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $867.0M | $976.0M | $996.0M | $628.0M | $715.0M | $717.0M | $667.0M | $625.0M |
| Depreciation & Amortization | $620.0M | $633.0M | $618.0M | $609.0M | $616.0M | $610.0M | $596.0M | $587.0M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $1.96B | $1.49B | $1.69B | $1.41B | $1.65B | $1.16B | $1.51B | $1.25B |
| Investing Activities | ||||||||
| Capital Expenditures | $982.0M | $804.0M | $820.0M | $793.0M | $647.0M | $766.0M | $772.0M | $657.0M |
| Business Acquisitions | $503.0M | $0 | — | $0 | $0 | $648.0M | — | $0 |
| Net Cash from Investing Activities | $-1.55B | $-803.0M | $-477.0M | $-663.0M | $-625.0M | $-1.41B | $-771.0M | $-686.0M |
| Financing Activities | ||||||||
| Dividends Paid | $665.0M | $654.0M | $654.0M | $654.0M | $654.0M | $642.0M | $642.0M | $643.0M |
| Stock Repurchases | — | — | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Financing Activities | $-469.0M | $-617.0M | $-1.24B | $-815.0M | $-1.12B | $333.0M | $-657.0M | $-554.0M |
| Net Change in Cash | $-61.0M | $71.0M | $-24.0M | $-64.0M | $-98.0M | $81.0M | $81.0M | $9.0M |
| Free Cash Flow | $978.0M | $687.0M | $872.0M | $621.0M | $1.00B | $396.0M | $738.0M | $592.0M |