Kinder Morgan annual free cash flow
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2025
Kinder Morgan Free Cash Flow (FCF) History (KMI)
Kinder Morgan reported $2.89B in free cash flow for fiscal 2025, a decrease of 3.83% from the previous fiscal year, with a free cash flow margin of 19.02%.
View full Kinder Morgan company overviewKinder Morgan free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $2.89B | −$115.0M | −3.83% | +19.02% |
| 2024 | 2024-12-31 | $3.01B | −$1.17B | −27.98% | +22.29% |
| 2023 | 2023-12-31 | $4.17B | $828.0M | +24.75% | +30.59% |
| 2022 | 2022-12-31 | $3.35B | −$1.08B | −24.42% | +18.46% |
| 2021 | 2021-12-31 | $4.43B | $1.58B | +55.72% | +27.40% |
| 2020 | 2020-12-31 | $2.84B | $365.0M | +14.73% | +28.16% |
| 2019 | 2019-12-31 | $2.48B | $339.0M | +15.85% | +20.51% |
| 2018 | 2018-12-31 | $2.14B | $726.0M | +51.38% | +16.06% |
| 2017 | 2017-12-31 | $1.41B | −$463.0M | −24.68% | +10.31% |
| 2016 | 2016-12-31 | $1.88B | $459.0M | +32.39% | +14.37% |
| 2015 | 2015-12-31 | $1.42B | $567.0M | +66.71% | +9.84% |
| 2014 | 2014-12-31 | $850.0M | $97.0M | +12.88% | +5.24% |
| 2013 | 2013-12-31 | $753.0M | −$33.0M | −4.20% | +5.35% |
| 2012 | 2012-12-31 | $786.0M | −$380.0M | −32.59% | +7.88% |
| 2011 | 2011-12-31 | $1.17B | $259.0M | +28.56% | +14.68% |
| 2010 | 2010-12-31 | $907.0M | $652.3M | +256.11% | +11.55% |
| 2009 | 2009-12-31 | $254.7M | — | — | +3.54% |
Kinder Morgan quarterly free cash flow
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Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $978.0M | −$24.0M | −2.40% | +23.87% |
| Q1 2026 | 2026-03-31 | $687.0M | $291.0M | +73.48% | +15.43% |
| Q4 2025 | 2025-12-31 | $872.0M | $134.0M | +18.16% | +21.74% |
| Q3 2025 | 2025-09-30 | $621.0M | $29.0M | +4.90% | +16.68% |
| Q2 2025 | 2025-06-30 | $1.00B | −$104.0M | −9.40% | +27.79% |
| Q1 2025 | 2025-03-31 | $396.0M | −$174.0M | −30.53% | +10.25% |
| Q4 2024 | 2024-12-31 | $738.0M | −$956.0M | −56.43% | +20.66% |
| Q3 2024 | 2024-09-30 | $592.0M | −$47.0M | −7.36% | +18.00% |
| Q2 2024 | 2024-06-30 | $1.11B | $91.0M | +8.97% | +34.42% |
| Q1 2024 | 2024-03-31 | $570.0M | −$256.0M | −30.99% | +16.72% |
| Q4 2023 | 2023-12-31 | $1.69B | $767.0M | +82.74% | +47.52% |
| Q3 2023 | 2023-09-30 | $639.0M | $89.0M | +16.18% | +18.07% |
| Q2 2023 | 2023-06-30 | $1.01B | −$177.0M | −14.85% | +32.74% |
| Q1 2023 | 2023-03-31 | $826.0M | $149.0M | +22.01% | +23.98% |
| Q4 2022 | 2022-12-31 | $927.0M | $46.0M | +5.22% | +22.30% |
| Q3 2022 | 2022-09-30 | $550.0M | −$230.0M | −29.49% | +11.25% |
| Q2 2022 | 2022-06-30 | $1.19B | $32.0M | +2.76% | +23.88% |
| Q1 2022 | 2022-03-31 | $677.0M | −$929.0M | −57.85% | +16.56% |
| Q4 2021 | 2021-12-31 | $881.0M | −$31.0M | −3.40% | +21.29% |
| Q3 2021 | 2021-09-30 | $780.0M | $118.0M | +17.82% | +21.58% |
| Q2 2021 | 2021-06-30 | $1.16B | $344.0M | +42.16% | +39.92% |
| Q1 2021 | 2021-03-31 | $1.61B | $1.15B | +254.53% | +29.23% |
| Q4 2020 | 2020-12-31 | $912.0M | −$164.0M | −15.24% | +33.26% |
| Q3 2020 | 2020-09-30 | $662.0M | $180.0M | +37.34% | +26.32% |
| Q2 2020 | 2020-06-30 | $816.0M | −$23.0M | −2.74% | +37.88% |
| Q1 2020 | 2020-03-31 | $453.0M | $372.0M | +459.26% | +16.87% |
| Q4 2019 | 2019-12-31 | $1.08B | $106.0M | +10.93% | +36.06% |
| Q3 2019 | 2019-09-30 | $482.0M | $308.0M | +177.01% | +16.32% |
| Q2 2019 | 2019-06-30 | $839.0M | $111.0M | +15.25% | +28.24% |
| Q1 2019 | 2019-03-31 | $81.0M | −$186.0M | −69.66% | +2.55% |
| Q4 2018 | 2018-12-31 | $970.0M | $633.0M | +187.83% | +28.58% |
| Q3 2018 | 2018-09-30 | $174.0M | −$72.0M | −29.27% | +5.19% |
| Q2 2018 | 2018-06-30 | $728.0M | $120.0M | +19.74% | +21.95% |
| Q1 2018 | 2018-03-31 | $267.0M | $45.0M | +20.27% | +8.21% |
| Q4 2017 | 2017-12-31 | $337.0M | −$145.0M | −30.08% | +9.28% |
| Q3 2017 | 2017-09-30 | $246.0M | −$273.0M | −52.60% | +7.50% |
| Q2 2017 | 2017-06-30 | $608.0M | −$28.0M | −4.40% | +18.05% |
| Q1 2017 | 2017-03-31 | $222.0M | −$17.0M | −7.11% | +6.48% |
| Q4 2016 | 2016-12-31 | $482.0M | −$427.0M | −46.97% | +14.22% |
| Q3 2016 | 2016-09-30 | $519.0M | $640.0M | — | +15.59% |
| Q2 2016 | 2016-06-30 | $636.0M | $366.0M | +135.56% | +20.23% |
| Q1 2016 | 2016-03-31 | $239.0M | −$120.0M | −33.43% | +7.48% |
| Q4 2015 | 2015-12-31 | $909.0M | $873.0M | +2425.00% | +25.00% |
| Q3 2015 | 2015-09-30 | −$121.0M | −$449.0M | — | −3.26% |
| Q2 2015 | 2015-06-30 | $270.0M | $57.0M | +26.76% | +7.80% |
| Q1 2015 | 2015-03-31 | $359.0M | $86.0M | +31.50% | +9.98% |
| Q4 2014 | 2014-12-31 | $36.0M | −$195.0M | −84.42% | +0.91% |
| Q3 2014 | 2014-09-30 | $328.0M | $195.0M | +146.62% | +7.64% |
| Q2 2014 | 2014-06-30 | $213.0M | −$7.0M | −3.18% | +5.41% |
| Q1 2014 | 2014-03-31 | $273.0M | $104.0M | +61.54% | +6.75% |
| Q4 2013 | 2013-12-31 | $231.0M | −$27.0M | −10.47% | +5.97% |
| Q3 2013 | 2013-09-30 | $133.0M | −$199.0M | −59.94% | +3.54% |
| Q2 2013 | 2013-06-30 | $220.0M | $230.0M | — | +6.51% |
| Q1 2013 | 2013-03-31 | $169.0M | −$37.0M | −17.96% | +5.52% |
| Q4 2012 | 2012-12-31 | $258.0M | −$157.0M | −37.83% | +8.38% |
| Q3 2012 | 2012-09-30 | $332.0M | −$5.0M | −1.48% | +11.57% |
| Q2 2012 | 2012-06-30 | −$10.0M | −$211.0M | — | −0.46% |
| Q1 2012 | 2012-03-31 | $206.0M | −$7.0M | −3.29% | +11.09% |
| Q4 2011 | 2011-12-31 | $415.0M | $199.9M | +92.93% | +21.42% |
| Q3 2011 | 2011-09-30 | $337.0M | — | — | +15.88% |
| Q2 2011 | 2011-06-30 | $201.0M | — | — | +10.30% |
| Q1 2011 | 2011-03-31 | $213.0M | — | — | +11.02% |
| Q3 2010 | 2010-09-30 | $215.1M | — | — | +10.30% |
Kinder Morgan free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $2.84B to $2.89B, a compound annual growth rate of 0.34%. Kinder Morgan's latest reported quarter, Q2 2026, generated $978.0M in free cash flow, a decrease of 2.40% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Kinder Morgan filings at SEC.gov ↗