Kinder Morgan annual debt-to-equity ratio
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2025
Kinder Morgan Debt-to-Equity Ratio Growth & History (KMI)
Kinder Morgan's debt-to-equity ratio was 1.03 for fiscal 2025.
View full Kinder Morgan company overviewKinder Morgan annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.03 | −0.02 | −1.79% |
| 2024 | 2024-12-31 | 1.05 | −0.02 | −1.53% |
| 2023 | 2023-12-31 | 1.07 | 0.03 | +2.47% |
| 2022 | 2022-12-31 | 1.04 | −0.05 | −4.39% |
| 2021 | 2021-12-31 | 1.09 | −0.02 | −1.97% |
| 2020 | 2020-12-31 | 1.11 | 0.08 | +8.17% |
| 2019 | 2019-12-31 | 1.03 | −0.06 | −5.29% |
| 2018 | 2018-12-31 | 1.09 | −0.01 | −1.00% |
| 2017 | 2017-12-31 | 1.10 | −0.07 | −5.65% |
| 2016 | 2016-12-31 | 1.16 | −0.07 | −5.50% |
| 2015 | 2015-12-31 | 1.23 | −0.03 | −2.03% |
| 2014 | 2014-12-31 | 1.26 | −1.51 | −54.55% |
| 2013 | 2013-12-31 | 2.76 | 0.28 | +11.42% |
| 2012 | 2012-12-31 | 2.48 | 0.47 | +23.19% |
| 2011 | 2011-12-31 | 2.01 | 0.31 | +18.08% |
| 2010 | 2010-12-31 | 1.71 | — | — |
Kinder Morgan quarterly debt-to-equity ratio
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Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.02 | −0.04 | −3.95% |
| Q1 2026 | 2026-03-31 | 1.02 | −0.06 | −5.11% |
| Q4 2025 | 2025-12-31 | 1.03 | −0.02 | −1.79% |
| Q3 2025 | 2025-09-30 | 1.06 | 0.01 | +0.61% |
| Q2 2025 | 2025-06-30 | 1.06 | 0.02 | +1.54% |
| Q1 2025 | 2025-03-31 | 1.08 | 0.02 | +1.90% |
| Q4 2024 | 2024-12-31 | 1.05 | −0.02 | −1.53% |
| Q3 2024 | 2024-09-30 | 1.05 | 0.03 | +2.82% |
| Q2 2024 | 2024-06-30 | 1.05 | 0.02 | +1.79% |
| Q1 2024 | 2024-03-31 | 1.06 | 0.03 | +3.32% |
| Q4 2023 | 2023-12-31 | 1.07 | 0.03 | +2.47% |
| Q3 2023 | 2023-09-30 | 1.02 | −0.01 | −0.72% |
| Q2 2023 | 2023-06-30 | 1.03 | −0.01 | −0.49% |
| Q1 2023 | 2023-03-31 | 1.02 | −0.02 | −2.24% |
| Q4 2022 | 2022-12-31 | 1.04 | −0.05 | −4.39% |
| Q3 2022 | 2022-09-30 | 1.03 | −0.04 | −3.94% |
| Q2 2022 | 2022-06-30 | 1.03 | −0.05 | −4.71% |
| Q1 2022 | 2022-03-31 | 1.05 | 0.02 | +1.48% |
| Q4 2021 | 2021-12-31 | 1.09 | −0.02 | −1.97% |
| Q3 2021 | 2021-09-30 | 1.07 | −0.03 | −2.34% |
| Q2 2021 | 2021-06-30 | 1.08 | −0.00 | −0.17% |
| Q1 2021 | 2021-03-31 | 1.03 | −0.02 | −2.18% |
| Q4 2020 | 2020-12-31 | 1.11 | 0.08 | +8.17% |
| Q3 2020 | 2020-09-30 | 1.10 | −0.01 | −0.63% |
| Q2 2020 | 2020-06-30 | 1.08 | −0.01 | −0.77% |
| Q1 2020 | 2020-03-31 | 1.06 | −0.01 | −0.54% |
| Q4 2019 | 2019-12-31 | 1.03 | −0.06 | −5.29% |
| Q3 2019 | 2019-09-30 | 1.11 | 0.00 | +0.03% |
| Q2 2019 | 2019-06-30 | 1.09 | −0.02 | −2.05% |
| Q1 2019 | 2019-03-31 | 1.06 | −0.07 | −6.06% |
| Q4 2018 | 2018-12-31 | 1.09 | −0.01 | −1.00% |
| Q3 2018 | 2018-09-30 | 1.11 | 0.02 | +1.86% |
| Q2 2018 | 2018-06-30 | 1.12 | 0.03 | +2.37% |
| Q1 2018 | 2018-03-31 | 1.13 | −0.01 | −0.63% |
| Q4 2017 | 2017-12-31 | 1.10 | −0.07 | −5.65% |
| Q3 2017 | 2017-09-30 | 1.09 | −0.11 | −9.32% |
| Q2 2017 | 2017-06-30 | 1.09 | −0.15 | −12.24% |
| Q1 2017 | 2017-03-31 | 1.14 | −0.11 | −8.69% |
| Q4 2016 | 2016-12-31 | 1.16 | −0.07 | −5.50% |
| Q3 2016 | 2016-09-30 | 1.20 | −0.06 | −4.67% |
| Q2 2016 | 2016-06-30 | 1.24 | −0.02 | −1.92% |
| Q1 2016 | 2016-03-31 | 1.25 | −0.05 | −3.62% |
| Q4 2015 | 2015-12-31 | 1.23 | −0.03 | −2.03% |
| Q3 2015 | 2015-09-30 | 1.26 | −1.77 | −58.45% |
| Q2 2015 | 2015-06-30 | 1.27 | −1.68 | −56.96% |
| Q1 2015 | 2015-03-31 | 1.29 | −1.62 | −55.56% |
| Q4 2014 | 2014-12-31 | 1.26 | −1.51 | −54.55% |
| Q3 2014 | 2014-09-30 | 3.02 | 0.31 | +11.41% |
| Q2 2014 | 2014-06-30 | 2.94 | 0.34 | +13.06% |
| Q1 2014 | 2014-03-31 | 2.91 | 0.39 | +15.60% |
| Q4 2013 | 2013-12-31 | 2.76 | 0.28 | +11.42% |
| Q3 2013 | 2013-09-30 | 2.71 | 0.14 | +5.43% |
| Q2 2013 | 2013-06-30 | 2.60 | −0.01 | −0.23% |
| Q1 2013 | 2013-03-31 | 2.51 | −2.77 | −52.41% |
| Q4 2012 | 2012-12-31 | 2.48 | 0.47 | +23.19% |
| Q3 2012 | 2012-09-30 | 2.57 | −1.43 | −35.77% |
| Q2 2012 | 2012-06-30 | 2.61 | −1.48 | −36.12% |
| Q1 2012 | 2012-03-31 | 5.28 | — | — |
| Q4 2011 | 2011-12-31 | 2.01 | −2.00 | −49.86% |
| Q3 2011 | 2011-09-30 | 4.01 | — | — |
| Q2 2011 | 2011-06-30 | 4.08 | — | — |
| Q4 2010 | 2010-12-31 | 4.02 | — | — |
Kinder Morgan debt-to-equity ratio trends
Over the last five fiscal years, Kinder Morgan's debt-to-equity ratio decreased from 1.11 to 1.03, a change of −0.08. The latest reported quarter, Q2 2026, shows 1.02.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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