Kinder Morgan, Inc. (KMI) — Free Cash Flow Yield
Energy
Kinder Morgan, Inc. operates as an energy infrastructure company primarily in North America. It operates through Natural Gas Pipelines, Products Pipelines, Terminals, and CO2 segments. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline, and storage systems; natural gas gathering systems and natural gas processing and treating facilities; natural gas liquids fractionation facilities and transportation systems; and liquefied natural gas gasification, liquefaction, and storage facilities. The Products Pipelines segment owns and operates refined petroleum products, and crude oil and condensate pipelines; and associated product terminals and petroleum pipeline transmix facilities. The Terminals segment owns and/or operates liquids and bulk terminals that stores and handles various commodities, including gasoline, diesel fuel, renewable fuel and feedstocks, chemicals, ethanol, metals, and petroleum coke; and owns tankers. The CO2 segment produces, transports, and markets CO2 to recovery and production crude oil from mature oil fields; owns interests in/or operates oil fields and gasoline processing plants; and operates a crude oil pipeline system in West Texas, as well as owns and operates RNG and LNG facilities. The company was formerly known as Kinder Morgan Holdco LLC and changed its name to Kinder Morgan, Inc. in February 2011. Kinder Morgan, Inc. was founded in 1997 and is headquartered in Houston, Texas.
| Metric | Value |
|---|---|
| FCF Yield | 4.0% |
| Energy Sector Avg FCF Yield | 4.5% |
| Annual Free Cash Flow | $2.9B |
| Market Cap | $73.1B |
| P/E Ratio | 21.2x |
Kinder Morgan, Inc.'s FCF yield of 4.0% is below the Energy sector average (4.5%).
Frequently Asked Questions
What is Kinder Morgan, Inc.'s (KMI) free cash flow yield?
Kinder Morgan, Inc.'s (KMI) free cash flow yield is 4.0%. That is below the Energy sector average (4.5%).
Is KMI's free cash flow yield good?
At 4.0%, KMI's free cash flow yield is considered weak — yields above 10% are generally excellent, 7–10% good, 4–7% fair, and below 4% weak, though context varies by sector and growth stage.
How much free cash flow does Kinder Morgan, Inc. generate?
Kinder Morgan, Inc. generated $2.9B in free cash flow, against a market cap of $73.1B.
How is free cash flow yield calculated?
Free cash flow yield = (Free Cash Flow ÷ Market Capitalization) × 100%. Free cash flow equals operating cash flow minus capital expenditures.
Data from public filings. Not investment advice. Calculate your own FCF yield →