KINDER MORGAN, INC. (KMI) FY2025 Q1 P&L / Income Statement

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 StatementIncome 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.SOURCESREVENUE RECONCILIATIONREVENUEGROSSOPERATINGPRE-TAXNETNatural Gas PipelinesProducts PipelinesTerminalsCO2RevenuesRevenue before reconciliation (calculated)Natural Gas PipelinesTerminalsGross 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 administrativeTaxes, other than income taxesIncome Before Income TaxesTotal Other ExpenseNet IncomeIncome Tax ExpenseRevenue before reconciliation (calculated)Revenue beforereconciliation(calculated)$4.25 BGross profit (calculated)Gross profit(calculated)$2.77 BIncome Before Income TaxesIncome BeforeIncome Taxes$929.00 MRevenuesRevenues$4.24 BOperating IncomeOperating Income$1.15 BNet IncomeNet Income$743.00 MNatural Gas PipelinesNatural Gas Pipelines$2.75 BOperating expenses (calculated)Operating expenses(calculated)$1.62 BIncome Tax ExpenseIncome Tax Expense$186.00 MOperations and maintenanceOperations and maintenance$711.00 MTotal Other ExpenseTotal Other Expense−$216.00 MCost of revenue (calculated)Cost of revenue(calculated)$1.48 BProducts PipelinesProducts Pipelines$663.00 MDepreciation, depletion and amortizationDepreciation, depletionand amortization$610.00 MTerminalsTerminals$518.00 MGeneral and administrativeGeneral and administrative$187.00 MCO2CO2$312.00 MTaxes, other than income taxesTaxes, other than income taxes$112.00 MCosts of sales (exclusive of items shown separately below)Costs of sales$1.48 BNatural Gas PipelinesNatural Gas Pipelines−$4.00 MTerminalsTerminals−$2.00 M
Chart details

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.

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.: $717.00 M; to noncontrolling interests: $26.00 M.
KINDER MORGAN, INC. (KMI) FY2025 Q1 Revenue by Business Segment (8 categories) Sankey chart
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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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