Kinder Morgan's Income Statement Analysis: Revenue to Profit Breakdown
Kinder Morgan's Income Statement Analysis: Revenue to Profit Breakdown
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FY21
Dec 31, 2021
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FY22
Dec 31, 2022
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FY23
Dec 31, 2023
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FY24
Dec 31, 2024
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FY25
Dec 31, 2025
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TTM
Trailing 12M
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Revenue
Total sales generated. |
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$17.53 B | $19.55 B | $15.16 B | $15.07 B | $16.95 B | $17.52 B |
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Cost of Revenue Direct cost of goods/services. |
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$11.17 B | $14.05 B | $10.02 B | $9.55 B | $9.55 B | $9.30 B |
Gross Profit Revenue minus cost of revenue. |
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$6.37 B | $5.50 B | $5.13 B | $5.53 B | $7.40 B | $8.23 B |
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Operating Expense
Costs to run business. |
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$1.08 B | $1.08 B | $1.09 B | $1.15 B | $2.59 B | $3.21 B |
Research and Development Investment in innovation. |
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- | - | - | - | - | - |
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Sales, General and Administrative
Selling and admin costs. |
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$655.00 M | $637.00 M | $668.00 M | $712.00 M | $936.00 M | $1.05 B |
General and Administrative Corporate overhead costs. |
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$655.00 M | $637.00 M | $668.00 M | $712.00 M | $936.00 M | $1.05 B |
Sales and Marketing Customer acquisition costs. |
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- | - | - | - | - | - |
Other Expenses Other operating costs. |
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$426.00 M | $441.00 M | $421.00 M | $433.00 M | $1.65 B | $2.17 B |
Operating Income Profit from operations. |
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$5.28 B | $4.43 B | $4.05 B | $4.38 B | $4.81 B | $5.01 B |
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Net Interest Income
Interest income minus expense. |
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-$1.50 B | -$1.51 B | -$1.80 B | -$1.87 B | -$1.80 B | -$1.78 B |
Interest Income Income from investments. |
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- | - | - | - | - | - |
Interest Expense Cost of borrowing. |
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$1.50 B | $1.51 B | $1.80 B | $1.87 B | $1.80 B | $1.78 B |
Non-Operating Income (ex-Int) Income outside core operations. |
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$1.57 B | -$417.00 M | -$960.00 M | -$890.00 M | -$214.00 M | -$352.00 M |
Total Other Income (Net) Net non-operating items. |
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-$3.07 B | -$1.09 B | -$844.00 M | -$976.00 M | -$820.00 M | -$662.00 M |
Income Before Tax Profit before taxes. |
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$2.22 B | $3.34 B | $3.20 B | $3.41 B | $3.99 B | $4.35 B |
Income Tax Expense Taxes on income. |
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$369.00 M | $710.00 M | $715.00 M | $687.00 M | $832.00 M | $933.00 M |
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Net Income
Final profit. |
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$1.78 B | $2.55 B | $2.39 B | $2.61 B | $3.06 B | $3.32 B |
Net Income From Continuing Operations Profit from core business. |
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$1.85 B | $2.63 B | $2.49 B | $2.72 B | $3.16 B | $3.42 B |
Net Income From Discontinued Operations Profit/loss from sold units. |
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- | - | - | - | - | - |
Other Adjustments to Net Income Additional accounting adjustments. |
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- | - | - | - | - | - |
Net Income Deductions Reductions from net income. |
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- | - | - | - | - | - |
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Earnings Per Share
Company profit allocated to each outstanding share. |
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EPS Earnings per share. Formula: Net Income ÷ Shares |
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$0.78 | $1.12 | $1.06 | $1.17 | $1.37 | $1.49 |
Diluted EPS EPS including dilution. Formula: Net Income ÷ Diluted Shares |
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$0.78 | $1.12 | $1.06 | $1.17 | $1.37 | $1.49 |
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Shares for EPS
Number of shares used to calculate EPS. |
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Weighted Average Shares Outst. Avg shares used for EPS. |
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2.27 B | 2.26 B | 2.23 B | 2.22 B | 2.23 B | 2.23 B |
Diluted Average Shares Outst. Shares including dilution. |
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2.27 B | 2.26 B | 2.23 B | 2.22 B | 2.23 B | 2.23 B |
| Supplemental Items | |||||||
EBIT Earnings before interest and tax. |
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$3.72 B | $4.84 B | $5.01 B | $5.27 B | $5.03 B | $5.37 B |
EBITDA Earnings before interest, tax, D&A. |
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$5.85 B | $7.03 B | $7.26 B | $7.63 B | $7.48 B | $7.84 B |
Depreciation and Amortization Non-cash expense for assets. |
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$2.14 B | $2.19 B | $2.25 B | $2.35 B | $2.45 B | $2.48 B |
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Kinder Morgan's Assets vs Liabilities & Equity
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