KINDER MORGAN, INC. (KMI) FY2025 Q1 P&L / Income Statement
2025-01-01 to 2025-03-31
Revenue by Business Segment (8 categories)
2025-01-01 to 2025-03-31
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KINDER MORGAN, INC. (KMI) FY2025 Q1 P&L / Income Statement
Income statement for 2025-01-01 through 2025-03-31. View: Business segment (8 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Revenues
- 4,241,000,000 US dollars
- Cost of revenue (calculated)
- 1,476,000,000 US dollars
- Gross profit (calculated)
- 2,765,000,000 US dollars
- Operating expenses (calculated)
- 1,620,000,000 US dollars
- Operating Income
- 1,145,000,000 US dollars
- Total Other Expense
- negative 216,000,000 US dollars
- Income Before Income Taxes
- 929,000,000 US dollars
- Income Tax Expense
- 186,000,000 US dollars
- Net Income
- 743,000,000 US dollars
- Natural Gas Pipelines
- 2,754,000,000 US dollars
- Products Pipelines
- 663,000,000 US dollars
- Terminals
- 518,000,000 US dollars
- CO2
- 312,000,000 US dollars
- Costs of sales (exclusive of items shown separately below)
- 1,476,000,000 US dollars
- General and administrative
- 187,000,000 US dollars
- Other income, net
- 0 US dollars
- Taxes, other than income taxes
- 112,000,000 US dollars
- Operations and maintenance
- 711,000,000 US dollars
- Depreciation, depletion and amortization
- 610,000,000 US dollars
- Revenue before reconciliation (calculated)
- 4,247,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- Natural Gas Pipelines
- negative 4,000,000 US dollars. Reported reconciliation to consolidated revenue.
- Products Pipelines
- 0 US dollars. Reported reconciliation to consolidated revenue.
- Terminals
- negative 2,000,000 US dollars. Reported reconciliation to consolidated revenue.
- CO2
- 0 US dollars. Reported reconciliation to consolidated revenue.
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- 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.: $717.00 M; to noncontrolling interests: $26.00 M.

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Gross margin
65.2%
Gross profit / revenue
Operating margin
27.0%
Operating profit / revenue
Cash conversion
156.4%
Operating cash / net income, same period
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