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KINDER MORGAN, INC.

LISTEDNYSE

SYMBOLKMI

SIC4922

STATE OF INC.DE

FISCAL YEAR ENDSDecember 31

CIK1506307

NATURAL GAS TRANSMISSION · LARGE ACCELERATED FILER · 10 FISCAL YEARS OF SEC XBRL DATA, 2016–2025

Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.

CAPITALIZATION 12/31/25

($ millions)	Amount	%
Total debt	32,003	50.7
Stockholders' equity	31,162	49.3
Total capitalization	63,165	100.0

2,226,802,089 shares outstanding at 23 July 2026 (cover page of the 10-Q filed 24 July 2026).

LONG-TERM DEBT 12/31/25

($ millions)	Amount
Long-term debt, noncurrent	30,777
Current maturities	1,226

CAPITAL STOCK 12/31/25

Common shares authorized	4,000,000,000
Common shares issued	2,224,777,750
Par or stated value per share ($)	0.01
Outstanding at 7/23/26	2,226,802,089

DIVIDENDS DECLARED/PAID

Fiscal year	Per share $	Payout %
2025	1.17	85.4
2024	1.15	98.3
2023	1.13	106.6
2022	1.11	99.1
2021	1.08	138.5

HISTORY AND BUSINESS

HISTORY: Incorporated in Delaware. Formerly known as Kinder Morgan Holdco LLC (to 11 February 2011).

BUSINESS: Classified by the SEC under Standard Industrial Classification 4922, Natural Gas Transmission. Large accelerated filer. Principal executive office: 1001 Louisiana Street, Suite 1000, Houston, TX 77002. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.

CONSOLIDATED INCOME ACCOUNT, YEARS ENDED

($ millions)	12/31/25	12/31/24	12/31/23
Operating revenues	15,202	13,483	13,647
Depreciation and amortization	2,453	2,354	2,250
Taxes other than income taxes	445	433	421
Total operating expenses	12,213	10,716	11,071
Operating income	4,724	4,384	4,263
Income before income taxes	3,992	3,407	3,201
Income taxes	832	687	715
Net income	3,056	2,613	2,391
Earned per share, diluted ($)	1.37	1.17	1.06
Dividends per share ($)	1.17	1.15	1.13

CONSOLIDATED BALANCE SHEET

($ millions)	12/31/25	12/31/24
Utility plant, net	39,331	38,013
Cash and equivalents	63	88
Total current assets	2,754	2,521
Regulatory assets	216	231
Total assets	72,748	71,407
Total current liabilities	4,322	5,101
Long-term debt	30,777	29,881
Regulatory liabilities	199	197
Common stockholders' equity	31,162	30,531
Total capitalization and liabilities	72,748	71,407

TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)

Fiscal year ended	Revenues	Oper. income	Net income	Net margin %	EPS diluted $	Div. per share $	Oper. cash flow	Capital expend.	Free cash flow	Total assets	Total liabilities	Total debt	Stockholders' equity	ROE %	Debt / equity
12/31/25	16,937	4,724	3,056	18.0	1.37	1.17	5,917	3,026	2,891	72,748	40,299	32,003	31,162	9.8	1.03
12/31/24	15,100	4,384	2,613	17.3	1.17	1.15	5,635	2,629	3,006	71,407	39,540	31,890	30,531	8.6	1.04
12/31/23	15,334	4,263	2,391	15.6	1.06	1.13	6,491	2,317	4,174	71,020	39,291	32,116	30,306	7.9	1.06
12/31/22	19,200	4,065	2,548	13.3	1.12	1.11	4,967	1,621	3,346	70,078	37,964	31,788	30,742	8.3	1.03
12/31/21	16,610	2,916	1,784	10.7	0.78	1.08	5,708	1,281	4,427	70,416	38,495	33,320	30,823	5.8	1.08
12/31/20	11,700	1,560	119	1.0	0.05	1.05	4,550	1,707	2,843	71,973	39,407	34,689	31,436	0.4	1.10
12/31/19	13,209	4,873	2,190	16.6	0.96	1.00	4,748	2,270	2,478	74,157	39,268	34,392	33,742	6.5	1.02
12/31/18	14,144	3,794	1,609	11.4	0.66	0.80	5,043	2,904	2,139	78,866	43,669	36,593	33,678	4.8	1.09
12/31/17	13,705	3,529	183	1.3	0.01	0.50	4,601	3,188	1,413	79,055	43,931	36,916	33,636	0.5	1.10
12/31/16	13,058	3,538	708	5.4	0.25	0.50	4,758	2,882	1,876	80,305	45,503	40,050	34,431	2.1	1.16

Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.

REGISTRANT:

KINDER MORGAN, INC.
CIK 1506307 · EIN 26-0238387

PRINCIPAL OFFICE:

1001 Louisiana Street, Suite 1000, Houston, TX 77002
Tel.: 713-369-9000

INCORPORATED:

Delaware

INDUSTRY (SEC SIC CODE):

4922 · Natural Gas Transmission

FILER STATUS:

Large accelerated filer

LATEST ANNUAL REPORT:

10-K for period ended 12/31/25, filed 13 February 2026

FORMER NAMES:

Kinder Morgan Holdco LLC

RECENT FILINGS (ANNUAL REPORT REFERENCES BELOW):

9/28/26	8-K	period 9/25/26
9/4/26	8-K	period 9/3/26
8/10/26	8-K	period 8/7/26
8/3/26	8-K	period 7/28/26
7/24/26	10-Q	period 6/30/26
7/22/26	8-K	period 7/22/26
5/28/26	8-K	period 5/21/26
5/19/26	8-K	period 5/13/26

Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/13/26) · 10-K FY2024 (filed 2/13/25) · 10-K FY2023 (filed 2/20/24) · 10-K FY2022 (filed 2/8/23) · 10-K FY2021 (filed 2/7/22) · 10-K FY2020 (filed 2/5/21) · 10-K FY2019 (filed 2/12/20) · 10-K FY2018 (filed 2/8/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.