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Kinder Morgan, Inc.

KMINYSENatural Gas TransmissionFiscal year ends December 31Also trades as EP.PC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 23, 2026Score 10/3015% above fair value
$32.71−1.16 (-3.42%)

Close on Nov 2, 2026Market cap $72.84BP/E 21.0Yield 3.56%

Kinder Morgan Net Debt-to-Adjusted EBITDA Leverage Ratio (x) by Quarter

Net Debt-to-Adjusted EBITDA Leverage Ratio (x) (×)

QuarterlyAnnual

Kinder Morgan Net Debt-to-Adjusted EBITDA Leverage Ratio (x): 3.50× in Q3 2026, down 10.3% from a year earlier. That is the lowest of the 25 quarters on record here.

Latest, Q3 2026
3.50
Period ended Sep 30, 2026
Change on a year earlier
-10.3%
3.90 in Q3 2025
History
25 quarters
Since Q4 2019
Sources
24
Documents cited below

Where the Q3 2026 figure comes from

“Net Debt-to-Adjusted EBITDA | 3.5 | 3.8”

Source: KMI Q3 2026 Earnings Release (Form 8-K) ↗

Long-term leverage target range of 3.5x–4.5x (3.8x at 3Q26; Moody's upgraded KMI to Baa1 in March 2026).

Quarterly history

Hover a value to see the sentence it was read from; calculated values show their formula

PeriodEndedNet Debt-to-Adjusted EBITDA Leverage Ratio (x) (×)Year on yearSource
Q3 2026Sep 30, 20263.50-10.3%KMI Q3 2026 Earnings Release (Form 8-K) ↗
Q2 2026Jun 30, 20263.60-10.0%KMI Q2 2026 Earnings Release (Form 8-K) ↗
Q1 2026Mar 31, 20263.60-12.2%KMI Q1 2026 Earnings Release (Form 8-K) ↗
Q4 2025Dec 31, 20253.80-5.0%KMI Q3 2026 Earnings Release (Form 8-K) ↗
Q3 2025Sep 30, 20253.90-4.9%KMI Q3 2025 Earnings Release (Form 8-K) ↗
Q2 2025Jun 30, 20254.00-2.4%KMI Q2 2025 Earnings Release (Form 8-K) ↗
Q1 2025Mar 31, 20254.100.0%KMI Q1 2025 Earnings Release (Form 8-K) ↗
Q4 2024Dec 31, 20244.00-4.8%KMI Q4 2025 Earnings Release (Form 8-K) ↗
Q3 2024Sep 30, 20244.100.0%KMI Q3 2024 Earnings Release (Form 8-K) ↗
Q2 2024Jun 30, 20244.100.0%KMI Q2 2024 Earnings Release (Form 8-K) ↗
Q1 2024Mar 31, 20244.100.0%KMI Q1 2024 Earnings Release (Form 8-K) ↗
Q4 2023Dec 31, 20234.20+2.4%KMI Q4 2024 Earnings Release (Form 8-K) ↗
Q3 2023Sep 30, 20234.10-2.4%KMI Q3 2023 Earnings Release (Form 8-K) ↗
Q2 2023Jun 30, 20234.10-4.7%KMI Q2 2023 Earnings Release (Form 8-K) ↗
Q1 2023Mar 31, 20234.10-6.8%KMI Q1 2023 Earnings Release (Form 8-K) ↗
Q4 2022Dec 31, 20224.10+5.1%KMI Q4 2023 Earnings Release (Form 8-K) ↗

Cite this data

StockData. (2026). Kinder Morgan Net Debt-to-Adjusted EBITDA Leverage Ratio (x) (×), quarterly Q4 2019–Q3 2026 [Data set]. Compiled from Kinder Morgan SEC filings and investor materials. https://stockdatahq.com/stocks/kmi/kpis/net-debt-to-adj-ebitda-x

See every metric in the Kinder Morgan KPI table. Data updated Nov 2, 2026.