Stock Analysis on Net

Kinder Morgan Inc. (NYSE:KMI)

This company has been moved to the archive! The financial data has not been updated since April 29, 2020.

Common Stock Valuation Ratios (Price Multiples)
Quarterly Data

Microsoft Excel

Historical Valuation Ratios (Summary)

Kinder Morgan Inc., historical price multiples (quarterly data)

Microsoft Excel
Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Price to earnings (P/E) 26.75 22.56 22.13 20.63 29.29 27.54 323.36 1,408.61 33.12 66.67 66.84 90.92 640.13 546.43 153.55
Price to operating profit (P/OP) 9.11 10.14 11.42 10.17 11.77 10.75 11.18 13.64 10.22 10.73 11.22 12.21 12.11 14.05 19.68 21.21 18.51 14.24
Price to sales (P/S) 2.76 3.74 3.35 3.33 3.21 2.88 2.84 2.84 2.62 2.78 3.06 3.36 3.41 3.84 3.54 3.46 2.89 2.42
Price to book value (P/BV) 1.07 1.46 1.36 1.38 1.35 1.21 1.19 1.18 1.07 1.13 1.17 1.29 1.31 1.46 1.36 1.35 1.15 0.99 1.84 2.17 2.67

Based on: 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31).

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. Kinder Morgan Inc. P/E ratio increased from Q3 2019 to Q4 2019 and from Q4 2019 to Q1 2020.
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. Kinder Morgan Inc. P/OP ratio decreased from Q3 2019 to Q4 2019 and from Q4 2019 to Q1 2020.
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. Kinder Morgan Inc. P/S ratio increased from Q3 2019 to Q4 2019 but then decreased significantly from Q4 2019 to Q1 2020.
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. Kinder Morgan Inc. P/BV ratio increased from Q3 2019 to Q4 2019 but then decreased significantly from Q4 2019 to Q1 2020.

Price to Earnings (P/E)

Kinder Morgan Inc., historical P/E calculation (quarterly data)

Microsoft Excel
Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
No. shares of common stock outstanding1 2,261,487,090 2,265,063,459 2,264,965,437 2,263,805,146 2,263,742,572 2,263,656,419 2,207,018,287 2,206,828,970 2,206,071,454 2,206,066,684 2,233,239,574 2,233,227,311 2,232,442,396 2,232,438,943 2,232,364,274 2,232,323,355 2,231,555,976 2,231,555,976 2,231,514,695 2,191,937,071 2,168,154,800
Selected Financial Data (US$)
Net income (loss) available to common stockholders (in millions) (306) 610 506 518 556 483 693 (180) 485 (1,045) 334 337 401 170 (227) 333 276 (721) 186 333 429
Earnings per share (EPS)2 0.59 0.97 0.91 0.99 0.69 0.65 -0.02 -0.18 0.05 0.01 0.56 0.30 0.30 0.25 -0.15 0.03 0.03 0.10 0.00 0.00 0.00
Share price1, 3 15.71 21.81 20.16 20.50 20.08 18.02 17.98 17.69 16.27 17.24 18.42 20.33 20.27 22.48 21.11 21.22 18.12 15.62 29.23 34.85 43.20
Valuation Ratio
P/E ratio4 26.75 22.56 22.13 20.63 29.29 27.54 323.36 1,408.61 33.12 66.67 66.84 90.92 640.13 546.43 153.55
Benchmarks
P/E Ratio, Competitors5
Chevron Corp. 43.40 70.06
ConocoPhillips 12.13 8.77
Exxon Mobil Corp. 16.34 15.64
Marathon Petroleum Corp. 11.68
Occidental Petroleum Corp.
Valero Energy Corp. 62.84 12.12

Based on: 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31).

1 Data adjusted for splits and stock dividends.

2 Q1 2020 Calculation
EPS = (Net income (loss) available to common stockholdersQ1 2020 + Net income (loss) available to common stockholdersQ4 2019 + Net income (loss) available to common stockholdersQ3 2019 + Net income (loss) available to common stockholdersQ2 2019) ÷ No. shares of common stock outstanding
= (-306,000,000 + 610,000,000 + 506,000,000 + 518,000,000) ÷ 2,261,487,090 = 0.59

3 Closing price as at the filing date of Kinder Morgan Inc. Quarterly or Annual Report.

4 Q1 2020 Calculation
P/E ratio = Share price ÷ EPS
= 15.71 ÷ 0.59 = 26.75

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. Kinder Morgan Inc. P/E ratio increased from Q3 2019 to Q4 2019 and from Q4 2019 to Q1 2020.

Price to Operating Profit (P/OP)

Kinder Morgan Inc., historical P/OP calculation (quarterly data)

Microsoft Excel
Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
No. shares of common stock outstanding1 2,261,487,090 2,265,063,459 2,264,965,437 2,263,805,146 2,263,742,572 2,263,656,419 2,207,018,287 2,206,828,970 2,206,071,454 2,206,066,684 2,233,239,574 2,233,227,311 2,232,442,396 2,232,438,943 2,232,364,274 2,232,323,355 2,231,555,976 2,231,555,976 2,231,514,695 2,191,937,071 2,168,154,800
Selected Financial Data (US$)
Operating income (in millions) 43 1,931 951 973 1,018 1,058 1,515 272 949 812 830 922 980 934 882 940 816 (244) 721 892 1,078
Operating profit per share2 1.72 2.15 1.77 2.02 1.71 1.68 1.61 1.30 1.59 1.61 1.64 1.66 1.67 1.60 1.07 1.00 0.98 1.10 0.00 0.00 0.00
Share price1, 3 15.71 21.81 20.16 20.50 20.08 18.02 17.98 17.69 16.27 17.24 18.42 20.33 20.27 22.48 21.11 21.22 18.12 15.62 29.23 34.85 43.20
Valuation Ratio
P/OP ratio4 9.11 10.14 11.42 10.17 11.77 10.75 11.18 13.64 10.22 10.73 11.22 12.21 12.11 14.05 19.68 21.21 18.51 14.24
Benchmarks
P/OP Ratio, Competitors5
Chevron Corp. 24.46 30.35
ConocoPhillips 7.27 6.04
Exxon Mobil Corp. 10.60 10.14
Marathon Petroleum Corp. 5.52
Occidental Petroleum Corp. 45.37
Valero Energy Corp. 21.60 7.65

Based on: 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31).

1 Data adjusted for splits and stock dividends.

2 Q1 2020 Calculation
Operating profit per share = (Operating incomeQ1 2020 + Operating incomeQ4 2019 + Operating incomeQ3 2019 + Operating incomeQ2 2019) ÷ No. shares of common stock outstanding
= (43,000,000 + 1,931,000,000 + 951,000,000 + 973,000,000) ÷ 2,261,487,090 = 1.72

3 Closing price as at the filing date of Kinder Morgan Inc. Quarterly or Annual Report.

4 Q1 2020 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 15.71 ÷ 1.72 = 9.11

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. Kinder Morgan Inc. P/OP ratio decreased from Q3 2019 to Q4 2019 and from Q4 2019 to Q1 2020.

Price to Sales (P/S)

Kinder Morgan Inc., historical P/S calculation (quarterly data)

Microsoft Excel
Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
No. shares of common stock outstanding1 2,261,487,090 2,265,063,459 2,264,965,437 2,263,805,146 2,263,742,572 2,263,656,419 2,207,018,287 2,206,828,970 2,206,071,454 2,206,066,684 2,233,239,574 2,233,227,311 2,232,442,396 2,232,438,943 2,232,364,274 2,232,323,355 2,231,555,976 2,231,555,976 2,231,514,695 2,191,937,071 2,168,154,800
Selected Financial Data (US$)
Revenues (in millions) 3,106 3,352 3,214 3,214 3,429 3,781 3,517 3,428 3,418 3,632 3,281 3,368 3,424 3,389 3,330 3,144 3,195 3,636 3,707 3,463 3,597
Sales per share2 5.70 5.83 6.02 6.16 6.25 6.25 6.34 6.23 6.21 6.21 6.03 6.05 5.95 5.85 5.96 6.13 6.27 6.45 0.00 0.00 0.00
Share price1, 3 15.71 21.81 20.16 20.50 20.08 18.02 17.98 17.69 16.27 17.24 18.42 20.33 20.27 22.48 21.11 21.22 18.12 15.62 29.23 34.85 43.20
Valuation Ratio
P/S ratio4 2.76 3.74 3.35 3.33 3.21 2.88 2.84 2.84 2.62 2.78 3.06 3.36 3.41 3.84 3.54 3.46 2.89 2.42
Benchmarks
P/S Ratio, Competitors5
Chevron Corp. 1.24 1.46
ConocoPhillips 1.48 1.94
Exxon Mobil Corp. 0.75 0.88
Marathon Petroleum Corp. 0.17 0.25
Occidental Petroleum Corp. 0.52 1.44
Valero Energy Corp. 0.25 0.27

Based on: 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31).

1 Data adjusted for splits and stock dividends.

2 Q1 2020 Calculation
Sales per share = (RevenuesQ1 2020 + RevenuesQ4 2019 + RevenuesQ3 2019 + RevenuesQ2 2019) ÷ No. shares of common stock outstanding
= (3,106,000,000 + 3,352,000,000 + 3,214,000,000 + 3,214,000,000) ÷ 2,261,487,090 = 5.70

3 Closing price as at the filing date of Kinder Morgan Inc. Quarterly or Annual Report.

4 Q1 2020 Calculation
P/S ratio = Share price ÷ Sales per share
= 15.71 ÷ 5.70 = 2.76

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. Kinder Morgan Inc. P/S ratio increased from Q3 2019 to Q4 2019 but then decreased significantly from Q4 2019 to Q1 2020.

Price to Book Value (P/BV)

Kinder Morgan Inc., historical P/BV calculation (quarterly data)

Microsoft Excel
Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
No. shares of common stock outstanding1 2,261,487,090 2,265,063,459 2,264,965,437 2,263,805,146 2,263,742,572 2,263,656,419 2,207,018,287 2,206,828,970 2,206,071,454 2,206,066,684 2,233,239,574 2,233,227,311 2,232,442,396 2,232,438,943 2,232,364,274 2,232,323,355 2,231,555,976 2,231,555,976 2,231,514,695 2,191,937,071 2,168,154,800
Selected Financial Data (US$)
Total Kinder Morgan, Inc.’s stockholders’ equity (in millions) 33,106 33,742 33,633 33,638 33,612 33,678 33,487 33,035 33,667 33,636 35,225 35,149 34,645 34,431 34,606 35,111 35,180 35,119 35,514 35,172 35,029
Book value per share (BVPS)2 14.64 14.90 14.85 14.86 14.85 14.88 15.17 14.97 15.26 15.25 15.77 15.74 15.52 15.42 15.50 15.73 15.76 15.74 15.91 16.05 16.16
Share price1, 3 15.71 21.81 20.16 20.50 20.08 18.02 17.98 17.69 16.27 17.24 18.42 20.33 20.27 22.48 21.11 21.22 18.12 15.62 29.23 34.85 43.20
Valuation Ratio
P/BV ratio4 1.07 1.46 1.36 1.38 1.35 1.21 1.19 1.18 1.07 1.13 1.17 1.29 1.31 1.46 1.36 1.35 1.15 0.99 1.84 2.17 2.67
Benchmarks
P/BV Ratio, Competitors5
Chevron Corp. 1.17 1.42 1.48 1.45 1.43
ConocoPhillips 1.40 1.80 1.72 1.98 2.11
Exxon Mobil Corp. 1.02 1.17 1.59 1.56 1.71
Marathon Petroleum Corp. 0.83 0.91 1.31 0.98 1.03
Occidental Petroleum Corp. 0.39 0.86 1.10 1.80 2.07
Valero Energy Corp. 1.43 1.35 1.97 1.49 1.65

Based on: 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31).

1 Data adjusted for splits and stock dividends.

2 Q1 2020 Calculation
BVPS = Total Kinder Morgan, Inc.’s stockholders’ equity ÷ No. shares of common stock outstanding
= 33,106,000,000 ÷ 2,261,487,090 = 14.64

3 Closing price as at the filing date of Kinder Morgan Inc. Quarterly or Annual Report.

4 Q1 2020 Calculation
P/BV ratio = Share price ÷ BVPS
= 15.71 ÷ 14.64 = 1.07

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. Kinder Morgan Inc. P/BV ratio increased from Q3 2019 to Q4 2019 but then decreased significantly from Q4 2019 to Q1 2020.