KINDER MORGAN, INC. (KMI) FY2024 YTD Q3 P&L / Income Statement

Revenue by Business Segment (7 categories)

2024-01-01 to 2024-09-30

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KINDER MORGAN, INC. (KMI) FY2024 YTD Q3 P&L / Income StatementIncome statement for 2024-01-01 through 2024-09-30. View: Business segment (7 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUE RECONCILIATIONREVENUEGROSSOPERATINGPRE-TAXNETNatural Gas PipelinesProducts PipelinesTerminalsCO2RevenuesRevenue before reconciliation (calculated)Natural Gas PipelinesTerminalsCO2Gross profit (calculated)Cost of revenue (calculated)Costs of sales (exclusive of items shown separately below)Operating IncomeOperating expenses (calculated)Operations and maintenanceDepreciation, depletion and amortizationGeneral and administrativeLoss (gain) on divestitures, netTaxes, other than income taxesOther income, netIncome Before Income TaxesTotal Other ExpenseNet IncomeIncome Tax ExpenseRevenue before reconciliation (calculated)Revenue beforereconciliation(calculated)$11.13 BGross profit (calculated)Gross profit(calculated)$8.02 BIncome Before Income TaxesIncome BeforeIncome Taxes$2.52 BRevenuesRevenues$11.11 BOperating IncomeOperating Income$3.28 BNet IncomeNet Income$2.03 BNatural Gas PipelinesNatural Gas Pipelines$6.51 BOperating expenses (calculated)Operating expenses(calculated)$4.74 BIncome Tax ExpenseIncome Tax Expense$490.00 MTotal Other ExpenseTotal Other Expense−$760.00 MOperations and maintenanceOperations and maintenance$2.21 BProducts PipelinesProducts Pipelines$2.22 BCost of revenue (calculated)Cost of revenue(calculated)$3.10 BDepreciation, depletion and amortizationDepreciation, depletionand amortization$1.76 BTerminalsTerminals$1.50 BGeneral and administrativeGeneral and administrative$530.00 MCO2CO2$905.00 MLoss (gain) on divestitures, netLoss (gain) on divestitures, net−$76.00 MCosts of sales (exclusive of items shown separately below)Costs of sales$3.10 BNatural Gas PipelinesNatural Gas Pipelines−$9.00 MTerminalsTerminals−$5.00 MTaxes, other than income taxesTaxes, other than income taxes$327.00 MOther income, netOther income, net−$11.00 MCO2CO2−$1.00 M
Chart details

KINDER MORGAN, INC. (KMI) FY2024 YTD Q3 P&L / Income Statement

Income statement for 2024-01-01 through 2024-09-30. View: Business segment (7 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenues
11,113,000,000 US dollars
Cost of revenue (calculated)
3,098,000,000 US dollars
Gross profit (calculated)
8,015,000,000 US dollars
Operating expenses (calculated)
4,739,000,000 US dollars
Operating Income
3,276,000,000 US dollars
Total Other Expense
negative 760,000,000 US dollars
Income Before Income Taxes
2,516,000,000 US dollars
Income Tax Expense
490,000,000 US dollars
Net Income
2,026,000,000 US dollars
Natural Gas Pipelines
6,505,000,000 US dollars
Products Pipelines
2,215,000,000 US dollars
Terminals
1,503,000,000 US dollars
CO2
905,000,000 US dollars
Costs of sales (exclusive of items shown separately below)
3,098,000,000 US dollars
General and administrative
530,000,000 US dollars
Other income, net
negative 11,000,000 US dollars
Taxes, other than income taxes
327,000,000 US dollars
Operations and maintenance
2,211,000,000 US dollars
Loss (gain) on divestitures, net
negative 76,000,000 US dollars
Depreciation, depletion and amortization
1,758,000,000 US dollars
Revenue before reconciliation (calculated)
11,128,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
Natural Gas Pipelines
negative 9,000,000 US dollars. Reported reconciliation to consolidated revenue.
Terminals
negative 5,000,000 US dollars. Reported reconciliation to consolidated revenue.
CO2
negative 1,000,000 US dollars. Reported reconciliation to consolidated revenue.

Chart connections

  • Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
  • Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
  • Of which attributable to KINDER MORGAN, INC.: $1.95 B; to noncontrolling interests: $80.00 M.
KINDER MORGAN, INC. (KMI) FY2024 YTD Q3 Revenue by Business Segment (7 categories) Sankey chart
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Gross margin

72.1%

Gross profit / revenue

Operating margin

29.5%

Operating profit / revenue

Cash conversion

203.6%

Operating cash / net income, same period

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