Cash flow Kinder Morgan, Inc.

Equities

KMI

US49456B1017

Oil & Gas Transportation Services

Market Closed - Nyse Other stock markets 21:00:02 10/09/2024 BST			5-day change	1st Jan Change
21.12 ^USD	0.00%		-2.04%	+19.73%

09-04	Transcript : Kinder Morgan, Inc. Presents at Barclays 38th Annual CEO Energy-Power Conference 2024, Sep-04-2024 01:15 PM
08-27	Stifel Adjusts Price Target on Kinder Morgan to $23 From $22, Maintains Hold Rating	MT

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Published financial data: KINDER MORGAN, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	13.01B	11.51B	16.47B	19.04B	15.16B
Other Revenues, Total	200M	191M	139M	158M	177M
Total Revenues	13.21B	11.7B	16.61B	19.2B	15.33B
Cost of Goods Sold, Total	5.85B	5.02B	8.86B	11.91B	7.74B
Gross Profit	7.36B	6.68B	7.75B	7.29B	7.59B
Selling General & Admin Expenses, Total	590M	648M	655M	637M	668M
Depreciation & Amortization - (IS)	2.41B	2.16B	2.14B	2.19B	2.25B
Impairment of Oil, Gas & Mineral Properties - (IS)	74M	-	-	-	-
Other Operating Expenses	423M	376M	419M	434M	423M
Other Operating Expenses, Total	3.5B	3.19B	3.21B	3.26B	3.34B
Operating Income	3.86B	3.49B	4.54B	4.03B	4.25B
Interest Expense, Total	-1.8B	-1.6B	-1.49B	-1.51B	-1.8B
Interest And Investment Income	-	-	-	-	-
Net Interest Expenses	-1.8B	-1.6B	-1.49B	-1.51B	-1.8B
Income (Loss) On Equity Invest.	101M	780M	591M	803M	838M
Currency Exchange Gains (Loss)	-31M	125M	-105M	-68M	17M
Other Non Operating Income (Expenses)	113M	-79M	181M	123M	-54M
EBT, Excl. Unusual Items	2.24B	2.72B	3.72B	3.38B	3.25B
Merger & Related Restructuring Charges	-	-	-	-	-
Impairment of Goodwill	-	-1.6B	-	-	-
Gain (Loss) On Sale Of Investments	-90M	-120M	128M	-75M	-66M
Gain (Loss) On Sale Of Assets	1.31B	45M	10M	32M	15M
Asset Writedown	-290M	-387M	-1.63B	-	-
Legal Settlements	-	-	-	-	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	3.16B	661M	2.22B	3.34B	3.2B
Income Tax Expense	926M	481M	369M	710M	715M
Earnings From Continuing Operations	2.24B	180M	1.85B	2.62B	2.49B
Net Income to Company	2.24B	180M	1.85B	2.62B	2.49B
Minority Interest	-49M	-61M	-66M	-77M	-95M
Net Income - (IS)	2.19B	119M	1.78B	2.55B	2.39B
Preferred Dividend and Other Adjustments	12M	13M	14M	13M	14M
Net Income to Common Incl Extra Items	2.18B	106M	1.77B	2.54B	2.38B
Net Income to Common Excl. Extra Items	2.18B	106M	1.77B	2.54B	2.38B
Per Share Items
Net EPS - Basic	0.96	0.05	0.78	1.12	1.06
Basic EPS - Continuing Operations	0.96	0.05	0.78	1.12	1.06
Basic Weighted Average Shares Outstanding	2.26B	2.26B	2.27B	2.26B	2.23B
Net EPS - Diluted	0.96	0.05	0.78	1.12	1.06
Diluted EPS - Continuing Operations	0.96	0.05	0.78	1.12	1.06
Diluted Weighted Average Shares Outstanding	2.26B	2.26B	2.27B	2.26B	2.23B
Normalized Basic EPS	0.6	0.73	1	0.9	0.87
Normalized Diluted EPS	0.6	0.73	1	0.9	0.87
Dividend Per Share	1	1.05	1.08	1.11	1.13
Payout Ratio	99.27	2.05K	141.54	98.27	105.77
Distributable Cash per Share	-	-	-	-	-
Distributable Cash Shares (Basic)	-	-	-	-	-
Distributable Cash per Share (Diluted)	2.19	2.02	2.4	2.19	2.1
Distributable Cash Shares (Diluted)	2.28B	2.28B	2.28B	2.27B	2.25B
Supplemental Items
EBITDA	6.27B	5.61B	6.63B	6.17B	6.44B
EBITA	4.07B	3.7B	4.78B	4.29B	4.45B
EBIT	3.86B	3.49B	4.54B	4.03B	4.25B
EBITDAR	6.45B	5.74B	6.76B	6.33B	6.64B
Total Revenues (As Reported)	13.21B	11.7B	16.61B	19.2B	15.33B
Effective Tax Rate - (Ratio)	29.26	72.77	16.63	21.29	22.34
Current Domestic Taxes	8M	-11M	11M	14M	5M
Current Foreign Taxes	201M	147M	3M	4M	-
Total Current Taxes	209M	136M	14M	18M	5M
Deferred Domestic Taxes	748M	489M	355M	692M	710M
Deferred Foreign Taxes	-31M	-144M	-	-	-
Total Deferred Taxes	717M	345M	355M	692M	710M
Normalized Net Income	1.35B	1.64B	2.26B	2.03B	1.94B
Distributable Cash	4.99B	4.6B	5.46B	4.97B	4.72B
Interest Capitalized	-	-	-	-	-
Non-Cash Pension Expense	21M	-25M	-36M	-55M	72M
Supplemental Operating Expense Items
General and Administrative Expenses	590M	648M	655M	637M	668M
Net Rental Expense, Total	182M	131M	137M	163M	198M
Imputed Operating Lease Interest Expense	72.68M	47.95M	47.64M	59.67M	87.37M
Imputed Operating Lease Depreciation	109M	83.05M	89.36M	103M	111M
Stock-Based Comp., Other (Total)	62M	73M	59M	60M	63M
Total Stock-Based Compensation	62M	73M	59M	60M	63M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	185M	1.18B	1.14B	745M	83M
Short Term Investments	925M	-	-	-	-
Trading Asset Securities, Total	45M	119M	113M	1M	-
Total Cash And Short Term Investments	1.16B	1.3B	1.25B	746M	83M
Accounts Receivable, Total	1.37B	1.27B	1.61B	1.84B	1.59B
Other Receivables	-	-	-	-	-
Notes Receivable	-	-	-	-	-
Total Receivables	1.37B	1.27B	1.61B	1.84B	1.59B
Inventory	371M	348M	562M	634M	525M
Deferred Tax Assets Current	-	-	-	-	-
Restricted Cash	-	-	-	-	-
Other Current Assets, Total	342M	285M	404M	584M	347M
Total Current Assets	3.24B	3.2B	3.83B	3.8B	2.54B
Gross Property Plant And Equipment	53.7B	53.96B	54.76B	56.3B	59.66B
Accumulated Depreciation	-16.95B	-17.82B	-18.79B	-20.41B	-22.08B
Net Property Plant And Equipment	36.75B	36.14B	35.97B	35.89B	37.58B
Long-term Investments	8.07B	8.49B	7.86B	7.69B	7.91B
Goodwill	21.45B	19.85B	19.91B	19.96B	20.12B
Other Intangibles, Total	2.68B	2.45B	1.68B	1.81B	1.96B
Accounts Receivable Long-Term	-	-	-	-	-
Loans Receivable Long-Term	-	-	-	-	-
Deferred Tax Assets Long-Term	857M	536M	115M	-	-
Deferred Charges Long-Term	840M	897M	820M	711M	678M
Other Long-Term Assets, Total	275M	402M	230M	212M	229M
Total Assets	74.16B	71.97B	70.42B	70.08B	71.02B
Liabilities
Accounts Payable, Total	914M	837M	1.26B	1.44B	1.37B
Accrued Expenses, Total	548M	525M	504M	515M	513M
Short-term Borrowings	37M	-	2.49B	3.22B	3.89B
Current Portion of Long-Term Debt	2.44B	2.56B	161M	304M	280M
Current Portion of Leases	40M	40M	45M	47M	55M
Current Income Taxes Payable	364M	267M	270M	264M	272M
Unearned Revenue Current, Total	-	-	-	-	-
Other Current Liabilities	757M	844M	1.09B	1.13B	846M
Total Current Liabilities	5.1B	5.07B	5.82B	6.93B	7.22B
Long-Term Debt	31.91B	32.14B	30.69B	28.66B	28.22B
Long-Term Leases	291M	264M	271M	240M	230M
Unearned Revenue Non Current	-	-	-	-	-
Deferred Tax Liability Non Current	-	-	-	623M	1.39B
Other Non Current Liabilities	1.96B	1.93B	1.72B	1.51B	2.23B
Total Liabilities	39.27B	39.41B	38.5B	37.96B	39.29B
Common Stock, Total	23M	23M	23M	22M	22M
Additional Paid In Capital	41.74B	41.76B	41.81B	41.67B	41.19B
Retained Earnings	-7.69B	-9.94B	-10.6B	-10.55B	-10.69B
Comprehensive Income and Other	-333M	-407M	-411M	-402M	-217M
Total Common Equity	33.74B	31.44B	30.82B	30.74B	30.31B
Minority Interest	1.15B	1.13B	1.1B	1.37B	1.42B
Total Equity	34.89B	32.57B	31.92B	32.11B	31.73B
Total Liabilities And Equity	74.16B	71.97B	70.42B	70.08B	71.02B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	2.27B	2.26B	2.27B	2.25B	2.22B
ECS Total Common Shares Outstanding	2.26B	2.26B	2.27B	2.25B	2.22B
Book Value / Share	14.9	13.88	13.59	13.68	13.65
Tangible Book Value	9.62B	9.13B	9.23B	8.97B	8.23B
Tangible Book Value Per Share	4.25	4.03	4.07	3.99	3.71
Total Debt	34.72B	35B	33.65B	32.48B	32.68B
Net Debt	33.57B	33.7B	32.4B	31.73B	32.6B
Debt Equivalent of Unfunded Proj. Benefit Obligation	620M	645M	427M	336M	340M
Debt Equivalent Oper. Leases	1.46B	1.05B	1.1B	1.3B	1.58B
Minority Interest, Total (Incl. Fin. Div)	1.15B	1.13B	1.1B	1.37B	1.42B
Equity Method Investments, Total	6.54B	6.85B	6.48B	6.85B	6.98B
Account Code - Inventory Valuation	6	6	6	6	6
Land - (BS)	1.36B	1.4B	1.72B	1.74B	1.92B
Machinery, Total	25.79B	26.14B	26.51B	27.48B	29.16B
Full Time Employees	11.09K	10.52K	10.53K	10.52K	10.89K
Accumulated Allowance for Doubtful Accounts (Supple)	9M	26M	1M	1M	1M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	2.19B	119M	1.78B	2.55B	2.39B
Depreciation & Amortization - CF	2.2B	1.95B	1.9B	1.93B	2.05B
Amortization of Goodwill and Intangible Assets - (CF)	214M	212M	237M	253M	202M
Impairment of Oil, Gas & Mineral Properties - (CF)	74M	-	-	-	-
Depreciation & Amortization, Total	2.48B	2.16B	2.14B	2.19B	2.25B
(Gain) Loss From Sale Of Asset	-1.31B	-55M	-10M	-32M	-15M
(Gain) Loss on Sale of Investments - (CF)	83M	140M	-128M	75M	66M
Asset Writedown & Restructuring Costs	290M	1.99B	1.63B	-	-
(Income) Loss On Equity Investments - (CF)	489M	-147M	129M	-78M	-83M
Other Operating Activities, Total	767M	465M	222M	526M	1.56B
Change In Accounts Receivable	105M	88M	-265M	-220M	301M
Change In Inventories	4M	16M	-202M	-183M	188M
Change In Accounts Payable	-198M	-19M	387M	161M	-201M
Change In Income Taxes	-142M	-93M	2M	-5M	-
Change in Other Net Operating Assets	-19M	-115M	20M	-11M	37M
Cash from Operations	4.75B	4.55B	5.71B	4.97B	6.49B
Capital Expenditure	-2.35B	-1.72B	-2.83B	-2.11B	-4.19B
Sale of Property, Plant, and Equipment	110M	1.07B	406M	6M	-
Cash Acquisitions	-	-	-	-	-
Divestitures	1.5B	-	-	-	-
Investment in Marketable and Equity Securities, Total	-966M	-232M	125M	-73M	16M
Other Investing Activities, Total	-8M	-25M	-8M	-	-4M
Cash from Investing	-1.71B	-911M	-2.3B	-2.18B	-4.18B
Long-Term Debt Issued, Total	8.04B	3.89B	5.96B	9.06B	7.59B
Total Debt Issued	8.04B	3.89B	5.96B	9.06B	7.59B
Long-Term Debt Repaid, Total	-11.22B	-4B	-6.83B	-9.74B	-7.36B
Total Debt Repaid	-11.22B	-4B	-6.83B	-9.74B	-7.36B
Issuance of Common Stock	148M	14M	-	-	-
Repurchase of Common Stock	-2M	-50M	-	-368M	-522M
Issuance of Preferred Stock	-	-	-	-	-
Common Dividends Paid	-2.17B	-2.44B	-2.52B	-2.5B	-2.53B
Preferred Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-2.17B	-2.44B	-2.52B	-2.5B	-2.53B
Other Financing Activities, Total	-969M	-53M	-68M	404M	-197M
Cash from Financing	-6.18B	-2.64B	-3.46B	-3.14B	-3.01B
Foreign Exchange Rate Adjustments	29M	-1M	-	-	-
Net Change in Cash	-3.12B	1B	-62M	-353M	-698M
Supplemental Items
Maintenance CAPEX	688M	658M	864M	901M	1.02B
Cash Interest Paid	1.86B	1.66B	1.53B	1.46B	1.84B
Cash Income Tax Paid (Refund)	372M	227M	10M	13M	11M
Levered Free Cash Flow	281M	1.77B	1.25B	1.46B	-101M
Unlevered Free Cash Flow	1.41B	2.77B	2.18B	2.4B	1.02B
Change In Net Working Capital	1.2B	-73M	22M	254M	-241M
Net Debt Issued / Repaid	-3.19B	-108M	-872M	-677M	234M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	3.15	2.99	3.99	3.59	3.76
Return on Total Capital	3.39	3.18	4.26	3.87	4.12
Return On Equity %	6.39	0.53	5.74	8.2	7.79
Return on Common Equity