Kinder Morgan Inc (KMI) — Cash Flow Reinvestment Rate

Latest as of June 2026: 0.55x

Kinder Morgan Inc (KMI) has a Cash Flow Reinvestment Rate of 0.55x as of June 2026, reinvesting $1.07 Billion (capex $982.00 Million plus investments $-89.00 Million) from operating cash flow of $1.96 Billion. See Kinder Morgan Inc free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.55x
(Capex + Investments) / Operating CF

Total Reinvested

$1.07 Billion
Capex + Investments

Operating Cash Flow

$1.96 Billion
USD

Capital Expenditures

$982.00 Million
USD

Kinder Morgan Inc Cash Flow Reinvestment Rate (2000–2025)

Historical reinvestment intensity for Kinder Morgan Inc across 26 annual periods. For the full cash flow conversion analysis, see Kinder Morgan Inc (KMI) cash flow conversion.

Annual Cash Flow Reinvestment Rate for Kinder Morgan Inc (2000–2025)

Year-by-year capital reinvestment analysis for Kinder Morgan Inc. See KMI financial flexibility index to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.52x $3.23 Billion $6.25 Billion $3.03 Billion ▼ -44.6%
2024 0.93x $5.26 Billion $5.63 Billion $2.63 Billion ▲ +28.6%
2023 0.73x $4.71 Billion $6.49 Billion $2.35 Billion ▲ +112.7%
2022 0.34x $1.69 Billion $4.97 Billion $1.62 Billion ▲ +38.5%
2021 0.25x $1.41 Billion $5.71 Billion $1.28 Billion ▼ -42.2%
2020 0.43x $1.94 Billion $4.55 Billion $1.71 Billion ▼ -43.3%
2019 0.75x $3.57 Billion $4.75 Billion $2.27 Billion ▲ +25.2%
2018 0.60x $3.03 Billion $5.04 Billion $2.92 Billion ▼ -21.0%
2017 0.76x $3.50 Billion $4.60 Billion $3.19 Billion ▼ -11.4%
2016 0.86x $4.11 Billion $4.79 Billion $2.88 Billion ▲ +12.9%
2015 0.76x $4.03 Billion $5.30 Billion $3.90 Billion ▼ -15.3%
2014 0.90x $4.01 Billion $4.47 Billion $3.62 Billion ▼ -5.6%
2013 0.95x $3.86 Billion $4.06 Billion $3.37 Billion ▲ +19.9%
2012 0.79x $2.21 Billion $2.79 Billion $2.02 Billion ▲ +56.1%
2011 0.51x $1.20 Billion $2.37 Billion $1.20 Billion ▼ -3.3%
2010 0.52x $1.00 Billion $1.91 Billion $1.00 Billion ▼ -37.1%
2009 0.83x $1.32 Billion $1.59 Billion $1.32 Billion ▼ -54.2%
2008 1.82x $2.55 Billion $1.40 Billion $2.55 Billion ▲ +54.4%
2007 1.18x $1.94 Billion $1.64 Billion $1.94 Billion ▲ +27.8%
2006 0.92x $1.58 Billion $1.71 Billion $1.58 Billion ▲ +203.7%
2005 0.30x $187.40 Million $616.22 Million $187.40 Million ▲ +19.3%
2004 0.25x $164.24 Million $644.43 Million $164.24 Million ▼ -6.9%
2003 0.27x $160.80 Million $587.13 Million $160.80 Million ▼ -30.6%
2002 0.39x $174.95 Million $443.04 Million $174.95 Million ▲ +39.1%
2001 0.28x $124.17 Million $437.30 Million $124.17 Million ▼ -65.5%
2000 0.82x $137.48 Million $167.09 Million $137.48 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow