Kinder Morgan Inc (KMI) — Cash Flow Reinvestment Rate

Latest as of March 2026: 0.57x

Kinder Morgan Inc (KMI) has a Cash Flow Reinvestment Rate of 0.57x as of March 2026, reinvesting $857.00 Million (capex $804.00 Million plus investments $-53.00 Million) from operating cash flow of $1.49 Billion. Check Kinder Morgan Inc cash earnings quality to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

0.57x
(Capex + Investments) / Operating CF

Total Reinvested

$857.00 Million
Capex + Investments

Operating Cash Flow

$1.49 Billion
USD

Capital Expenditures

$804.00 Million
USD

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

Historical reinvestment intensity for Kinder Morgan Inc across 26 annual periods. Explore Kinder Morgan Inc (KMI) investment intensity to see how much of total assets are deployed in long-term investments.

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

Year-by-year capital reinvestment analysis for Kinder Morgan Inc. For live market cap and broader valuation context, see Kinder Morgan Inc stock valuation.

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