Kinder Morgan, Inc.
Close on Nov 2, 2026Market cap $72.84BP/E 21.0Yield 3.56%
Kinder Morgan Approved Expansion Project Backlog by Year
Approved Expansion Project Backlog ($B)
Kinder Morgan Approved Expansion Project Backlog: $10.00B in FY2025, up 23.5% from a year earlier.
Where the FY2025 figure comes from
““Reflecting this strong demand, natural gas projects account for approximately 90% of our project backlog and nearly 60% of the backlog is associated with projects supporting power generation. Our backlog at the end of the fourth quarter of 2025 was $10 billion, as we added $912 million of projects while placing approximately $265 million of projects in service.”
Source: KMI Q4 2025 Earnings Release (Form 8-K) ↗
Board-approved committed expansion capital project backlog at period-end ($14.4B at 3Q26, up from $9.6B at 2Q26 and $10.0B at FY25).
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Approved Expansion Project Backlog ($B) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 10.00 | +23.5% | KMI Q4 2025 Earnings Release (Form 8-K) ↗ |
| FY2024 | Dec 31, 2024 | 8.10 | +170.0% | KMI Q4 2024 Earnings Release (Form 8-K) ↗ |
| FY2023 | Dec 31, 2023 | 3.00 | – | KMI Q4 2023 Earnings Release (Form 8-K) ↗ |
| FY2019 | Dec 31, 2019 | 3.60 | – | KMI Q4 2019 Earnings Release (Form 8-K) ↗ |
Breakdown
What makes up approved Expansion Project Backlog
Cite this data
StockData. (2026). Kinder Morgan Approved Expansion Project Backlog, annual FY2019–FY2025 [Data set]. Compiled from Kinder Morgan SEC filings and investor materials. https://stockdatahq.com/stocks/kmi/kpis/project-backlog-busd
See every metric in the Kinder Morgan KPI table. Data updated Nov 2, 2026.