Kinder Morgan Inc (KMI) - Net Assets
Based on the latest financial reports, Kinder Morgan Inc (KMI) has net assets worth $32.58 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($73.07 Billion) and total liabilities ($40.49 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore KMI current and non-current assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $32.58 Billion |
| % of Total Assets | 44.59% |
| Annual Growth Rate | 12.26% |
| 5-Year Change | 1.65% |
| 10-Year Change | -6.76% |
| Growth Volatility | 39.51 |
Kinder Morgan Inc - Net Assets Trend (2000–2025)
This chart illustrates how Kinder Morgan Inc's net assets have evolved over time, based on quarterly financial data. Check Kinder Morgan Inc tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Kinder Morgan Inc (2000–2025)
The table below shows the annual net assets of Kinder Morgan Inc from 2000 to 2025. For live valuation and market cap data, see how much is Kinder Morgan Inc worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $32.45 Billion | +1.83% |
| 2024-12-31 | $31.87 Billion | +0.43% |
| 2023-12-31 | $31.73 Billion | -1.20% |
| 2022-12-31 | $32.11 Billion | +0.60% |
| 2021-12-31 | $31.92 Billion | +2.86% |
| 2020-12-31 | $31.03 Billion | -8.84% |
| 2019-12-31 | $34.04 Billion | -3.28% |
| 2018-12-31 | $35.20 Billion | +0.21% |
| 2017-12-31 | $35.12 Billion | +0.93% |
| 2016-12-31 | $34.80 Billion | -2.05% |
| 2015-12-31 | $35.53 Billion | +3.21% |
| 2014-12-31 | $34.43 Billion | +21.71% |
| 2013-12-31 | $28.29 Billion | +17.37% |
| 2012-12-31 | $24.10 Billion | +181.28% |
| 2011-12-31 | $8.57 Billion | +0.34% |
| 2010-12-31 | $8.54 Billion | -3.46% |
| 2009-12-31 | $8.85 Billion | +4.34% |
| 2008-12-31 | $8.48 Billion | -23.87% |
| 2007-12-31 | $11.14 Billion | +68.28% |
| 2006-12-31 | $6.62 Billion | +27.95% |
| 2005-12-31 | $5.17 Billion | +30.26% |
| 2004-12-31 | $3.97 Billion | +8.00% |
| 2003-12-31 | $3.68 Billion | +10.64% |
| 2002-12-31 | $3.32 Billion | +7.97% |
| 2001-12-31 | $3.08 Billion | +70.75% |
| 2000-12-31 | $1.80 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kinder Morgan Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 27188.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $22.00 Million | 0.07% |
| Other Comprehensive Income | $45.00 Million | 0.14% |
| Other Components | $41.28 Billion | 132.46% |
| Total Equity | $31.16 Billion | 100.00% |
Kinder Morgan Inc Competitors by Market Cap
The table below lists competitors of Kinder Morgan Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Petróleo Brasileiro S.A. - Petrobras
SA:PETR3
|
$69.95 Billion |
|
Colgate-Palmolive Company
NYSE:CL
|
$70.06 Billion |
|
Münchener Rück AG
XETRA:MUV2
|
$70.09 Billion |
|
MUENCH.RUECK.UNS.ADR 1/10
F:MUVB
|
$70.34 Billion |
|
Engie S.A.
PA:ENGI
|
$69.44 Billion |
|
Robinhood Markets Inc
NASDAQ:HOOD
|
$69.37 Billion |
|
Cloudflare Inc
NYSE:NET
|
$69.18 Billion |
|
Ross Stores Inc
NASDAQ:ROST
|
$69.00 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kinder Morgan Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 30,531,000,000 to 31,162,000,000, a change of 631,000,000 (2.1%).
- Net income of 3,056,000,000 contributed positively to equity growth.
- Dividend payments of 2,604,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 140,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.06 Billion | +9.81% |
| Dividends Paid | $2.60 Billion | -8.36% |
| Other Comprehensive Income | $140.00 Million | +0.45% |
| Other Changes | $39.00 Million | +0.13% |
| Total Change | $- | 2.07% |
Book Value vs Market Value Analysis
This analysis compares Kinder Morgan Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.32x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.99x to 2.32x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | $6.51 | $32.49 | x |
| 2009-12-31 | $3.20 | $32.49 | x |
| 2010-12-31 | $2.64 | $32.49 | x |
| 2011-12-31 | $4.69 | $32.49 | x |
| 2012-12-31 | $10.24 | $32.49 | x |
| 2013-12-31 | $12.64 | $32.49 | x |
| 2014-12-31 | $30.28 | $32.49 | x |
| 2015-12-31 | $16.20 | $32.49 | x |
| 2016-12-31 | $15.61 | $32.49 | x |
| 2017-12-31 | $15.75 | $32.49 | x |
| 2018-12-31 | $15.88 | $32.49 | x |
| 2019-12-31 | $14.90 | $32.49 | x |
| 2020-12-31 | $13.89 | $32.49 | x |
| 2021-12-31 | $13.60 | $32.49 | x |
| 2022-12-31 | $13.61 | $32.49 | x |
| 2023-12-31 | $13.57 | $32.49 | x |
| 2024-12-31 | $13.75 | $32.49 | x |
| 2025-12-31 | $14.01 | $32.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kinder Morgan Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.81%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.03%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 2.39x
- Recent ROE (9.81%) is above the historical average (4.64%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 8.43% | 5.60% | 0.32x | 4.67x | $-28.25 Million |
| 2001 | 7.31% | 21.34% | 0.11x | 3.10x | $-82.68 Million |
| 2002 | 9.11% | 29.82% | 0.10x | 3.04x | $-29.55 Million |
| 2003 | 10.38% | 34.77% | 0.11x | 2.73x | $14.08 Million |
| 2004 | 13.15% | 44.82% | 0.12x | 2.55x | $125.06 Million |
| 2005 | 10.72% | 34.97% | 0.09x | 3.37x | $37.45 Million |
| 2006 | 1.09% | 0.61% | 0.44x | 4.05x | $-589.81 Million |
| 2007 | 2.81% | 2.96% | 0.29x | 3.24x | $-800.65 Million |
| 2008 | -42.46% | -29.76% | 0.48x | 3.00x | $-4.45 Billion |
| 2009 | 11.87% | 6.89% | 0.26x | 6.61x | $77.95 Million |
| 2010 | -1.20% | -0.50% | 0.28x | 8.41x | $-385.21 Million |
| 2011 | 17.90% | 7.19% | 0.27x | 9.25x | $262.30 Million |
| 2012 | 3.20% | 4.45% | 0.15x | 4.92x | $-942.60 Million |
| 2013 | 9.11% | 8.48% | 0.19x | 5.74x | $-116.30 Million |
| 2014 | 2.98% | 6.32% | 0.19x | 2.42x | $-2.42 Billion |
| 2015 | 0.95% | 2.34% | 0.17x | 2.37x | $-3.22 Billion |
| 2016 | 2.03% | 5.42% | 0.16x | 2.31x | $-2.77 Billion |
| 2017 | 0.52% | 1.34% | 0.17x | 2.25x | $-3.33 Billion |
| 2018 | 4.57% | 11.38% | 0.18x | 2.24x | $-1.91 Billion |
| 2019 | 6.49% | 16.58% | 0.18x | 2.20x | $-1.18 Billion |
| 2020 | 0.57% | 1.54% | 0.16x | 2.29x | $-2.96 Billion |
| 2021 | 6.00% | 11.14% | 0.23x | 2.35x | $-1.23 Billion |
| 2022 | 8.54% | 13.67% | 0.27x | 2.28x | $-449.20 Million |
| 2023 | 8.20% | 16.21% | 0.22x | 2.34x | $-544.60 Million |
| 2024 | 8.56% | 17.34% | 0.21x | 2.34x | $-440.10 Million |
| 2025 | 9.81% | 18.03% | 0.23x | 2.39x | $-60.20 Million |
Industry Comparison
This section compares Kinder Morgan Inc's net assets metrics with peer companies in the Oil & Gas Midstream industry.
Industry Context
- Industry: Oil & Gas Midstream
- Average net assets among peers: $866,103,923
- Average return on equity (ROE) among peers: 2134.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kinder Morgan Inc (KMI) | $32.58 Billion | 8.43% | 1.24x | $69.73 Billion |
| Antero Midstream Partners LP (AM) | $2.19 Billion | 14.88% | 1.64x | $10.12 Billion |
| CBL International Limited Ordinary Shares (BANL) | $22.77 Million | -16.41% | 2.04x | $12.00 Million |
| BP Prudhoe Bay Royalty Trust (BPT) | $862.00K | 21393.39% | 0.16x | $2.99 Million |
| Brooge Holdings Ltd (BROG) | $56.77 Million | -85.14% | 7.56x | $284.93 Million |
| BW LPG Limited (BWLP) | $1.12 Billion | 2.12% | 1.32x | $3.23 Billion |
| Cheniere Energy Partners LP (CQP) | $-227.52 Million | 0.00% | 0.00x | $29.93 Billion |
| Cheniere Energy Partners LP (CQP) | $-784.00 Million | 0.00% | 0.00x | $25.77 Billion |
| DHT Holdings Inc (DHT) | $1.03 Billion | 15.64% | 0.45x | $2.56 Billion |
| Dynagas LNG Partners LP (DLNG) | $484.80 Million | 10.64% | 0.75x | $134.25 Million |
| DT Midstream Inc (DTM) | $4.77 Billion | 7.43% | 1.08x | $12.24 Billion |
About Kinder Morgan Inc
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… Read more