Kinder Morgan, Inc. (KMI) balance sheet

NYSE · Energy · Oil & Gas Midstream · 11,028 employees · CEO Kimberly Allen Dang

Price: $33.87 -0.29%
Market cap: $75.5B
Enterprise value: $108B
Last report: Q3 '26 filed 2026-10-23
Next report: 2027-01-20 EPS est. $0.38

At the end of Q3 '26 Kinder Morgan, Inc. (KMI) held $918M in cash and short-term investments against $33.1B of debt incl. leases. Total assets $75.4B, total liabilities $42.6B, shareholders' equity $31.6B.

Balance sheet

Balance sheet	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26	Q3 '26
Assets
Cash & equivalents	$83M	$119M	$98M	$108M	$88M	$80M	$82M	$71M	$109M	$72M	$89M	$918M
Receivables	$1.59B	$1.4B	$1.29B	$1.27B	$1.51B	$1.48B	$1.45B	$1.44B	$1.71B	$1.58B	$1.56B	$1.6B
Inventory	$525M	$548M	$537M	$526M	$555M	$577M	$560M	$560M	$574M	$593M	$565M	$621M
Other current assets	$346M	$236M	$262M	$278M	$372M	$446M	$391M	$351M	$357M	$460M	$371M	$335M
Current assets	$2.54B	$2.31B	$2.19B	$2.18B	$2.52B	$2.58B	$2.49B	$2.43B	$2.75B	$2.71B	$2.59B	$3.47B
Property, plant & equipment (net)	$37.3B	$37.3B	$37.5B	$37.7B	$38B	$38.7B	$38.8B	$39B	$39.5B	$39.7B	$40.5B	$40.9B
Long-term investments	$7.87B	$7.91B	$7.85B	$7.88B	$7.85B	$7.88B	$7.85B	$7.75B	$7.65B	$7.65B	$7.71B	$7.84B
Goodwill	$20.1B	$20.1B	$20.1B	$20.1B	$20.1B	$20.1B	$20.1B	$20.1B	$20.1B	$20.1B	$20.1B	$20.1B
Intangible assets	$1.96B	$1.91B	$1.86B	$1.81B	$1.76B	$1.87B	$1.82B	$1.77B	$1.73B	$1.69B	$1.87B	$1.82B
Deferred tax assets	$0	$0	$0	$0	$0	$0	$0	$0	$1.81B	$0	$0	$0
Other non-current assets	$1.23B	$1.21B	$1.19B	$1.22B	$1.18B	$1.21B	$1.31B	$1.26B	$988M	$1.25B	$1.29B	$1.3B
Non-current assets	$68.5B	$68.4B	$68.5B	$68.7B	$68.9B	$69.7B	$69.9B	$69.9B	$71.8B	$70.4B	$71.5B	$71.9B
Total assets	$71B	$70.7B	$70.7B	$70.9B	$71.4B	$72.3B	$72.4B	$72.3B	$74.6B	$73.1B	$74.1B	$75.4B
Liabilities
Accounts payable	$1.37B	$1.07B	$1.2B	$1.26B	$1.4B	$1.25B	$1.3B	$1.3B	$1.41B	$1.37B	$1.57B	$1.59B
Accrued expenses	$513M	$365M	$524M	$361M	$543M	$339M	$530M	$362M	$0	$339M	$514M	$365M
Short-term debt	$4.05B	$1.98B	$3.06B	$1.98B	$2.01B	$3.04B	$788M	$1.08B	$1.28B	$2.19B	$2.44B	$1.73B
Taxes payable	$272M	$196M	$223M	$286M	$739M	$743M	$764M	$791M	$834M	$198M	$216M	$289M
Other current liabilities	$1.02B	$965M	$945M	$844M	$878M	$947M	$802M	$817M	$1.38B	$1.09B	$907M	$1.21B
Current liabilities	$7.22B	$4.58B	$5.96B	$4.73B	$5.1B	$5.78B	$3.63B	$3.85B	$4.32B	$5.18B	$5.65B	$5.18B
Long-term debt	$27.8B	$30.1B	$28.5B	$29.9B	$30.1B	$29.9B	$31.8B	$31.5B	$30.9B	$29.9B	$29.8B	$31.3B
Lease obligations (non-current)	$0	$0	$0	$0	$193M	$0	$0	$0	$167M	$0	$0	$0
Deferred tax liabilities	$1.39B	$1.57B	$1.73B	$1.85B	$2.07B	$2.23B	$2.42B	$2.61B	$4.7B	$3.12B	$3.44B	$3.6B
Other non-current liabilities	$2.84B	$2.79B	$2.78B	$2.61B	$2.1B	$2.53B	$2.48B	$2.33B	$1.98B	$2.32B	$2.29B	$2.44B
Non-current liabilities	$32.1B	$34.4B	$33.1B	$34.4B	$34.4B	$34.6B	$36.7B	$36.4B	$37.8B	$35.3B	$35.5B	$37.4B
Total liabilities	$39.3B	$39B	$39B	$39.1B	$39.5B	$40.4B	$40.3B	$40.3B	$42.1B	$40.5B	$41.2B	$42.6B
Equity
Common stock & paid-in capital	$22M	$22M	$22M	$22M	$22M	$22M	$22M	$22M	$22M	$22M	$22M	$22M
Retained earnings	-$10.7B	-$10.6B	-$10.6B	-$10.7B	-$10.6B	-$10.6B	-$10.5B	-$10.5B	-$10.2B	-$9.86B	-$9.66B	-$9.56B
Accumulated other comprehensive income	-$217M	-$276M	-$262M	-$175M	-$95M	-$109M	-$24M	-$14M	$45M	-$137M	-$50M	-$162M
Shareholders' equity	$30.3B	$30.4B	$30.3B	$30.4B	$30.5B	$30.6B	$30.8B	$30.7B	$31.2B	$31.3B	$31.6B	$31.6B
Debt
Total debt (incl. leases)	$31.9B	$32B	$31.6B	$31.9B	$32.3B	$32.9B	$32.5B	$32.6B	$32.4B	$32.1B	$32.2B	$33.1B
Net debt (debt - cash)	$31.8B	$31.9B	$31.5B	$31.8B	$32.1B	$32.8B	$32.5B	$32.5B	$32.3B	$32B	$32.2B	$32.2B

Balance sheet	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Assets
Cash & equivalents	$684M	$264M	$3.28B	$185M	$1.18B	$1.14B	$745M	$83M	$88M	$109M
Short-term investments	$0	$0	$0	$925M	$0	$0	$0	$0	$0	$0
Receivables	$1.55B	$1.61B	$1.5B	$1.38B	$1.29B	$1.61B	$1.84B	$1.59B	$1.51B	$1.71B
Inventory	$357M	$424M	$385M	$371M	$348M	$562M	$634M	$525M	$555M	$574M
Other current assets	$638M	$414M	$559M	$378M	$378M	$516M	$584M	$346M	$372M	$357M
Current assets	$3.23B	$2.72B	$5.72B	$3.24B	$3.2B	$3.83B	$3.8B	$2.54B	$2.52B	$2.75B
Property, plant & equipment (net)	$38.7B	$40.2B	$37.9B	$36.4B	$35.8B	$36B	$35.6B	$37.3B	$38B	$39.5B
Long-term investments	$7.03B	$7.3B	$7.48B	$7.76B	$7.92B	$7.87B	$7.65B	$7.87B	$7.85B	$7.65B
Goodwill	$22.2B	$22.2B	$22B	$21.5B	$19.9B	$19.9B	$20B	$20.1B	$20.1B	$20.1B
Intangible assets	$3.32B	$3.1B	$2.88B	$2.68B	$2.45B	$1.68B	$1.81B	$1.96B	$1.76B	$1.73B
Deferred tax assets	$4.35B	$2.04B	$1.57B	$857M	$536M	$2.07B	$0	$0	$0	$1.81B
Other non-current assets	$1.52B	$1.58B	$1.36B	$1.76B	$2.18B	$1.04B	$1.25B	$1.23B	$1.18B	$988M
Non-current assets	$77.1B	$76.3B	$73.1B	$70.9B	$68.8B	$68.5B	$66.3B	$68.5B	$68.9B	$71.8B
Total assets	$80.3B	$79.1B	$78.9B	$74.2B	$72B	$72.4B	$70.1B	$71B	$71.4B	$74.6B
Liabilities
Accounts payable	$1.26B	$1.34B	$1.34B	$914M	$837M	$1.26B	$1.44B	$1.37B	$1.4B	$1.41B
Accrued expenses	$886M	$912M	$579M	$637M	$832M	$0	$515M	$513M	$543M	$0
Short-term debt	$2.7B	$2.7B	$3.39B	$2.38B	$2.56B	$2.69B	$3.39B	$4.05B	$2.01B	$1.28B
Taxes payable	$0	$256M	$483M	$364M	$267M	$270M	$264M	$272M	$276M	$834M
Other current liabilities	$1.09B	$970M	$894M	$808M	$580M	$1.6B	$1.32B	$1.02B	$878M	$1.38B
Current liabilities	$5.92B	$6.18B	$7.56B	$5.1B	$5.07B	$5.82B	$6.93B	$7.22B	$5.1B	$4.32B
Long-term debt	$37.4B	$34.8B	$33.7B	$31.8B	$32B	$30.9B	$28.6B	$28.3B	$30.1B	$30.9B
Lease obligations (non-current)	$0	$0	$0	$0	$0	$271M	$240M	$230M	$193M	$167M
Deferred tax liabilities	$0	$0	$0	$845M	$1.53B	$1.95B	$623M	$1.39B	$2.07B	$4.7B
Other non-current liabilities	$2.23B	$2.95B	$2.39B	$2.36B	$2.31B	$1.46B	$1.53B	$2.16B	$2.1B	$1.98B
Non-current liabilities	$39.8B	$38B	$36.4B	$35B	$35.9B	$34.6B	$31B	$32.1B	$34.4B	$37.8B
Total liabilities	$45.5B	$43.9B	$43.7B	$40.1B	$40.9B	$40.4B	$38B	$39.3B	$39.5B	$42.1B
Equity
Common stock & paid-in capital	$22M	$22M	$23M	$23M	$23M	$23M	$22M	$22M	$22M	$22M
Retained earnings	-$6.67B	-$7.75B	-$7.72B	-$7.69B	-$9.94B	-$10.6B	-$10.6B	-$10.7B	-$10.6B	-$10.2B
Accumulated other comprehensive income	-$661M	-$541M	-$330M	-$333M	-$407M	-$411M	-$402M	-$217M	-$95M	$45M
Shareholders' equity	$34.4B	$33.6B	$33.7B	$33.7B	$31.4B	$30.8B	$30.7B	$30.3B	$30.5B	$31.2B
Debt
Total debt (incl. leases)	$40.1B	$37.5B	$37.1B	$34.2B	$34.6B	$33.9B	$32.3B	$32.6B	$32.3B	$32.4B
Net debt (debt - cash)	$39.4B	$37.2B	$33.8B	$34B	$33.4B	$32.8B	$31.5B	$32.5B	$32.1B	$32.3B

Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.

Cash, investments and debt

quarter ends

The other statements

Income statementRevenue, costs, operating income, net income and EPSOpen Cash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Sources

Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30

Data as of 2026-11-01