Kinder Morgan Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $16.94B | $15.10B | $15.33B | $19.20B | $16.61B | $11.70B | $13.21B | $14.14B |
| Cost of Revenue | — | — | — | $9.26B | $6.49B | $2.55B | $3.26B | $4.42B |
| Gross Profit | — | — | — | $9.95B | $10.12B | $9.16B | $9.95B | $9.72B |
| Gross Margin | — | — | — | 51.8% | 60.9% | 78.2% | 75.3% | 68.7% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $744.0M | $712.0M | $668.0M | $637.0M | $655.0M | $648.0M | $590.0M | $601.0M |
| Operating Income | $4.72B | $4.38B | $4.26B | $4.07B | $2.92B | $1.56B | $4.87B | $3.79B |
| Operating Margin | 27.9% | 29.0% | 27.8% | 21.2% | 17.6% | 13.3% | 36.9% | 26.8% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $3.99B | $3.41B | $3.20B | $3.34B | $2.22B | $661.0M | $3.17B | $2.51B |
| Income Tax Expense | $832.0M | $687.0M | $715.0M | $710.0M | $369.0M | $481.0M | $926.0M | $587.0M |
| Net Income | $3.06B | $2.61B | $2.39B | $2.55B | $1.78B | $119.0M | $2.19B | $1.61B |
| Net Margin | 18.0% | 17.3% | 15.6% | 13.3% | 10.7% | 1.0% | 16.6% | 11.4% |
| EPS (Basic) | $1.37 | $1.17 | $1.06 | $1.12 | $0.78 | $0.05 | $0.96 | $0.66 |
| EPS (Diluted) | $1.37 | $1.17 | $1.06 | $1.12 | $0.78 | $0.05 | $0.96 | $0.66 |
| Shares Outstanding (Basic) | 2.22B | 2.22B | 2.23B | 2.26B | 2.27B | 2.26B | 2.26B | 2.21B |
| Shares Outstanding (Diluted) | 2.22B | 2.22B | 2.23B | 2.26B | 2.27B | 2.26B | 2.26B | 2.21B |
| Dividends Per Share | $1.17 | $1.15 | $1.13 | $1.11 | $1.08 | $1.05 | $1.00 | $0.80 |