KINDER MORGAN, INC. (KMI) Form 10-Q — Oct 23, 2026
Kinder Morgan's Q3 2026 net income attributable to the company rose 22% year-over-year to $764 million, with EPS of $0.34 versus $0.28 in Q3 2025, as revenues grew 9% to $4.53 billion. Adjusted EBITDA increased $189 million to $2.18 billion in the quarter, driven by favorable contributions across all four business segments, with Natural Gas Pipelines Adjusted Segment EBDA up 6% and the CO2 segment up sharply on higher commodity prices and RNG production. During the quarter KMI closed the $503 million Monument Pipeline acquisition and divested Tampa-area terminals for $136 million, recording a $71 million gain.
Key figures
- Eps
- 0.34
- Revenue
- 4531000000
- Guidance
- Expects 2026 declared dividends of $1.19 per share (2% increase from $1.17 in 2025) and expects to invest $4.2 billion in expansion projects, acquisitions, and JV contributions during 2026.
- Net Income
- 790000000
- Total Debt
- 33171000000
- Revenue Yoy
- 9% (Q3 2026 vs Q3 2025); 11% for nine months
- Total Assets
- 75397000000
- Cash Position
- 918000000
- Shares Outstanding
- 2227715229
- Q3 eps prior year
- 0.28
- Capex nine months musd
- 2831
- Q3 adjusted ebitda musd
- 2180
- Q3 declared dividend per share
- 0.2975
- Nine month adjusted ebitda musd
- 6918
- Tampa terminals divestiture musd
- 136
- Monument pipeline acquisition musd
- 503
- Net debt to adjusted ebitda target
- 5.50x covenant maximum
- Operating cash flow nine months musd
- 5041
- August 2026 senior notes issuance musd
- 1750
- Q3 net income attributable to kmi musd
- 764
- Nine month net income attributable to kmi musd
- 2607
- Q3 adjusted net income attributable to kmi musd
- 792
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