What is the current annual gross margin of KMI?

As of today, KMI annual gross margin is 34.73%

What is 1-year change in KMI annual gross margin?

KMI annual gross margin is down -5.29% year-over-year

What is 3-year change in KMI annual gross margin?

KMI annual gross margin is up +23.37% over the past 3 years

How far is KMI annual gross margin from its all-time high?

KMI annual gross margin is currently -36.15% below its historical high of 54.39% set on December 1, 2005

How does KMI annual gross margin rank versus sector peers?

KMI annual gross margin is higher than 73.14% of companies in Energy sector

When is KMI next annual earnings release?

The next annual earnings release for KMI is on January 27, 2027

What is the current quarterly gross margin of KMI?

As of today, KMI quarterly gross margin is 31.33%

What is KMI quarterly gross margin most recent change?

KMI quarterly gross margin was down -16.56% on September 30, 2026

What is 1-year change in KMI quarterly gross margin?

KMI quarterly gross margin is down -4.95% year-over-year

How far is KMI quarterly gross margin from its all-time high?

KMI quarterly gross margin is currently -30.19% below its historical high of 44.88% set on March 31, 2021

How does KMI quarterly gross margin rank versus sector peers?

KMI quarterly gross margin is higher than 52.56% of companies in Energy sector

When is KMI next earnings release?

The next earnings release for KMI is on January 27, 2027

KMI Gross Margin History & Chart Since 2005

Annual Gross Margin

34.73%1.94%-5.29%

December 31, 2025

Summary

Current Value: As of today, KMI annual gross margin is 34.73%, down -5.29% on December 31, 2025
Historical Performance: KMI annual gross margin is up +23.37% over the past 3 years, down -6.94% over the past 5 years
All-Time High Comparison: KMI annual gross margin is currently -36.15% below its historical high of 54.39% set on December 1, 2005
3-Year Low Comparison: KMI annual gross margin is +23.37% above its 3-year low of 28.15% reached on an earlier date
Sector Comparison: KMI annual gross margin is higher than 73.14% of companies in Energy sector

Gross Margin Chart

beforeafter

Performance

KMI Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 25	34.73%	-5.3%	+23.4%	-6.9%	+36.4%
Quarterly Gross Margin	Sep 30, 26	31.33%	-5.0%	-1.1%	-1.4%	+22.1%
Price	Oct 30, 26	$33.87	+29.9%	+110.0%	+102.2%	+16.4%
PE Ratio	Oct 30, 26	21.02	-1.7%	+42.5%	-3.8%	-69.2%
Annual Revenue	Dec 31, 25	$16.81B	+11.5%	-14.0%	+46.5%	+104.8%
Annual Gross Profit	Dec 31, 25	$5.90B	+6.7%	+7.2%	+37.7%	+182.2%
Annual Operating Margin	Dec 31, 25	27.66%	-4.9%	+22.2%	-2.2%	+76.3%
Annual Net Margin	Dec 31, 25	18.70%	+4.2%	+40.0%	+1189.7%	+410.9%

Gross Margin Highs

KMI Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	36.67%	Dec 31, 24	-5.3%
5Y	37.32%	N/A	-6.9%
All	54.39%	Dec 1, 05	-36.1%

Gross Margin Lows

KMI Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	28.15%	N/A	+23.4%
5Y	28.15%	Dec 31, 22	+23.4%
All	17.48%	Dec 31, 08	+98.7%

Gross Margin History

Year	Value	Change
2025	34.73%	-5.3%
2024	36.67%	+8.3%
2023	33.87%	+20.3%
2022	28.15%	-22.5%
2021	36.30%	-2.7%
2020	37.32%	+0.3%
2019	37.21%	+6.0%
2018	35.12%	+5.7%
2017	33.23%	-13.1%
2016	38.22%	+2.8%

Year	Value	Change
2015	37.17%	+5.5%
2014	35.22%	+0.9%
2013	34.91%	-8.2%
2012	38.04%	+38.1%
2011	27.55%	+8.2%
2010	25.47%	-2.2%
2009	26.05%	+49.0%
2008	17.48%	-67.9%
2005	54.39%	-

FAQ

What is the current annual gross margin of KMI?: As of today, KMI annual gross margin is 34.73%
What is 1-year change in KMI annual gross margin?: KMI annual gross margin is down -5.29% year-over-year
What is 3-year change in KMI annual gross margin?: KMI annual gross margin is up +23.37% over the past 3 years
How far is KMI annual gross margin from its all-time high?: KMI annual gross margin is currently -36.15% below its historical high of 54.39% set on December 1, 2005
How does KMI annual gross margin rank versus sector peers?: KMI annual gross margin is higher than 73.14% of companies in Energy sector
When is KMI next annual earnings release?: The next annual earnings release for KMI is on January 27, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Quarterly Gross Margin

31.33%6.22%-16.56%

September 30, 2026

Summary

Current Value: As of today, KMI quarterly gross margin is 31.33%, down -16.56% on September 30, 2026
Historical Performance: KMI quarterly gross margin is down -4.95% year-over-year, down -1.07% over the past 3 years
All-Time High Comparison: KMI quarterly gross margin is currently -30.19% below its historical high of 44.88% set on March 31, 2021
3-Year Low Comparison: KMI quarterly gross margin is at its 3-year low
Sector Comparison: KMI quarterly gross margin is higher than 52.56% of companies in Energy sector

Performance

KMI Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Sep 30, 26	31.33%	-16.6%	-5.0%	-1.1%	-1.4%
Annual Gross Margin	Dec 31, 25	34.73%	–	-5.3%	+23.4%	-6.9%
Price	Oct 30, 26	$33.87	+7.0%	+29.9%	+110.0%	+102.2%
PE Ratio	Oct 30, 26	21.02	+2.9%	-1.7%	+42.5%	-3.8%
Quarterly Revenue	Sep 30, 26	$4.59B	+2.0%	+11.4%	+17.4%	+16.0%
Quarterly Gross Profit	Sep 30, 26	$1.39B	-17.9%	+2.1%	+12.0%	+10.3%
Quarterly Operating Margin	Sep 30, 26	24.56%	-19.8%	-4.9%	-1.1%	-0.6%
Quarterly Net Margin	Sep 30, 26	17.11%	-13.4%	+8.5%	+21.5%	+33.6%

Quarterly Gross Margin Highs

KMI Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	38.46%	Mar 31, 26	-18.5%
3Y	38.61%	Mar 31, 24	-18.9%
5Y	40.50%	Mar 31, 22	-22.6%
All	44.88%	Mar 31, 21	-30.2%

Quarterly Gross Margin Lows

KMI Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	31.33%	Sep 30, 26	at low
3Y	31.33%	Sep 30, 26	at low
5Y	20.65%	Dec 31, 22	+51.7%
All	15.25%	Jun 1, 08	+105.4%

Quarterly Gross Margin History

Month	Value	Change
Sep 2026	31.33%	-16.6%
Jun 2026	37.55%	-2.4%
Mar 2026	38.46%	+7.3%
Dec 2025	35.86%	+8.8%
Sep 2025	32.96%	-2.3%
Jun 2025	33.74%	-6.9%
Mar 2025	36.25%	+0.4%
Dec 2024	36.12%	+2.9%
Sep 2024	35.09%	-4.8%
Jun 2024	36.84%	-4.6%
Mar 2024	38.61%	+13.9%
Dec 2023	33.89%	+7.0%
Sep 2023	31.67%	-8.0%
Jun 2023	34.44%	+6.5%
Mar 2023	32.34%	+56.6%
Dec 2022	20.65%	-4.0%
Sep 2022	21.51%	-24.0%
Jun 2022	28.31%	-30.1%
Mar 2022	40.50%	+41.4%
Dec 2021	28.65%	-9.8%
Sep 2021	31.78%	-13.9%
Jun 2021	36.90%	-17.8%
Mar 2021	44.88%	+19.8%
Dec 2020	37.46%	+4.0%
Sep 2020	36.02%	-1.9%
Jun 2020	36.71%	-5.3%
Mar 2020	38.77%	+4.4%
Dec 2019	37.12%	-0.2%
Sep 2019	37.21%	-0.2%
Jun 2019	37.29%	+0.2%
Mar 2019	37.23%	+10.5%
Dec 2018	33.69%	-1.8%
Sep 2018	34.32%	-5.7%
Jun 2018	36.39%	+0.6%
Mar 2018	36.17%	+21.1%
Dec 2017	29.86%	-10.8%
Sep 2017	33.49%	-1.4%
Jun 2017	33.97%	-7.0%

Month	Value	Change
Mar 2017	36.52%	+0.1%
Dec 2016	36.47%	+0.3%
Sep 2016	36.35%	-7.3%
Jun 2016	39.20%	-4.7%
Mar 2016	41.13%	-1.6%
Dec 2015	41.82%	+27.3%
Sep 2015	32.84%	-7.5%
Jun 2015	35.51%	-7.7%
Mar 2015	38.46%	+7.4%
Dec 2014	35.80%	-1.0%
Sep 2014	36.17%	+8.0%
Jun 2014	33.48%	-5.4%
Mar 2014	35.39%	-0.1%
Dec 2013	35.42%	+6.4%
Sep 2013	33.30%	+8.4%
Jun 2013	30.72%	-25.2%
Mar 2013	41.05%	+9.2%
Dec 2012	37.60%	-3.6%
Sep 2012	39.02%	+5.5%
Jun 2012	36.99%	-2.6%
Mar 2012	37.96%	+17.8%
Dec 2011	32.23%	+25.6%
Sep 2011	25.67%	+22.2%
Jun 2011	21.01%	-33.3%
Mar 2011	31.51%	+4.3%
Dec 2010	30.20%	+16.2%
Sep 2010	25.99%	-6.1%
Jun 2010	27.68%	+48.3%
Mar 2010	18.67%	-26.2%
Dec 2009	25.31%	-14.3%
Sep 2009	29.52%	+12.3%
Jun 2009	26.28%	+12.6%
Mar 2009	23.34%	+28.8%
Dec 2008	18.12%	+10.8%
Sep 2008	16.36%	+7.3%
Jun 2008	15.25%	-28.3%
Mar 2008	21.28%	-

FAQ

What is the current quarterly gross margin of KMI?: As of today, KMI quarterly gross margin is 31.33%
What is KMI quarterly gross margin most recent change?: KMI quarterly gross margin was down -16.56% on September 30, 2026
What is 1-year change in KMI quarterly gross margin?: KMI quarterly gross margin is down -4.95% year-over-year
How far is KMI quarterly gross margin from its all-time high?: KMI quarterly gross margin is currently -30.19% below its historical high of 44.88% set on March 31, 2021
How does KMI quarterly gross margin rank versus sector peers?: KMI quarterly gross margin is higher than 52.56% of companies in Energy sector
When is KMI next earnings release?: The next earnings release for KMI is on January 27, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

KMI Official Website www.kindermorgan.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1506307/000150630726000002/0001506307-26-000002-index.htm
KMI Profile on Yahoo Finance finance.yahoo.com/quote/KMI
KMI Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/kmi