Kinder Morgan debt and dilution5

Borrowings, liquidity, share count and stock-based dilution.

Total debt

USD millions

$32,248M

Cash & equivalents

USD millions

$89M

Net debt

USD millions

$32,159M

Debt / equity

0.98×

Debt / assets

43.54%

Net debt / EBITDA

× · TTM

4.18×

Debt / FCF

× · TTM

10.21×

Interest coverage

× · TTM

—

Current ratio

0.46×

Diluted shares

Million shares

2,225M shares

Basic shares

Million shares

2,225M shares

Share count growth

0.14%

Share repurchases

USD millions

—

Quarterly data

Kinder Morgan capital history. Each metric has its own unit. A dash means inputs are missing or the calculation is undefined.
Fiscal period	Ended	Total debtUSD millions	Cash & equivalentsUSD millions	Net debtUSD millions	Debt / equity×	Debt / assets%	Net debt / EBITDA×	Debt / FCF×	Interest coverage×	Current ratio×	Diluted sharesMillion shares	Basic sharesMillion shares	Share count growth%	Share repurchasesUSD millions
FY 2026 Q2	Jun 30, 2026	32,248	89	32,159	0.98×	43.54%	4.18×	10.21×	—	0.46×	2,225	2,225	0.14%	—
FY 2026 Q1	Mar 31, 2026	32,056	72	31,984	0.98×	43.87%	4.27×	10.07×	—	0.52×	2,225	2,225	0.14%	—
FY 2025 Q4	Dec 31, 2025	32,003	63	31,940	0.99×	43.99%	4.45×	11.07×	—	0.64×	2,223	2,223	0.14%	0
FY 2025 Q3	Sep 30, 2025	32,580	71	32,509	1.02×	45.05%	4.71×	11.82×	—	0.63×	2,224	2,224	0.14%	0
FY 2025 Q2	Jun 30, 2025	32,659	82	32,577	1.02×	45.13%	4.77×	11.97×	—	0.68×	2,222	2,222	0.14%	0
FY 2025 Q1	Mar 31, 2025	33,009	80	32,929	1.03×	45.64%	4.93×	11.66×	—	0.45×	2,222	2,222	0.09%	0
FY 2024 Q4	Dec 31, 2024	31,890	88	31,802	1×	44.66%	4.72×	10.61×	—	0.49×	2,220	2,220	-0.1%	0
FY 2024 Q3	Sep 30, 2024	32,031	108	31,923	1.01×	45.19%	4.76×	8.08×	—	0.46×	2,221	2,221	-0.4%	0
FY 2024 Q2	Jun 30, 2024	31,711	98	31,613	1×	44.85%	4.79×	7.91×	—	0.37×	2,219	2,219	-0.8%	0
FY 2024 Q1	Mar 31, 2024	32,146	119	32,027	1.01×	45.45%	4.88×	8.2×	—	0.5×	2,220	2,220	-1.2%	7
FY 2023 Q4	Dec 31, 2023	32,116	83	32,033	1.01×	45.22%	4.92×	7.69×	—	0.35×	2,222.13	2,222.13	-1.07%	132
FY 2023 Q3	Sep 30, 2023	31,001	80	30,921	0.98×	45.02%	4.75×	9.1×	—	0.39×	2,230	2,230	-1.02%	73
FY 2023 Q2	Jun 30, 2023	31,392	497	30,895	0.98×	45.45%	4.76×	9.46×	—	0.49×	2,237	2,237	-1.24%	204
FY 2023 Q1	Mar 31, 2023	31,506	416	31,090	0.98×	45.71%	4.82×	9.01×	—	0.56×	2,247	2,247	-0.88%	113
FY 2022 Q4	Dec 31, 2022	31,788	745	31,043	0.99×	45.36%	4.97×	9.5×	—	0.55×	2,246.13	2,246.13	-1.01%	35
FY 2022 Q3	Sep 30, 2022	31,741	483	31,258	0.99×	45.35%	5.14×	9.62×	—	0.62×	2,253	2,253	-0.62%	160
FY 2022 Q2	Jun 30, 2022	31,522	100	31,422	1×	45.43%	5.26×	8.93×	—	0.52×	2,265	2,265	0%	172
FY 2022 Q1	Mar 31, 2022	32,083	84	31,999	1.01×	46.41%	7.64×	9.17×	—	0.47×	2,267	2,267	0.13%	1
FY 2021 Q4	Dec 31, 2021	33,320	1,140	32,180	1.04×	47.32%	6.37×	7.53×	—	0.66×	2,268.97	2,268.97	0.26%	0
FY 2021 Q3	Sep 30, 2021	32,824	102	32,722	1.06×	47.13%	6.46×	7.36×	—	0.46×	2,267	2,267	0.18%	0
FY 2021 Q2	Jun 30, 2021	33,260	1,365	31,895	1.07×	47.4%	6.31×	7.66×	—	0.85×	2,265	2,265	0.18%	0
FY 2021 Q1	Mar 31, 2021	33,234	1,377	31,857	1.02×	46.67%	5.75×	8.32×	—	0.81×	2,264	2,264	0%	0
FY 2020 Q4	Dec 31, 2020	34,689	1,184	33,505	1.09×	48.2%	9×	12.2×	—	0.63×	2,263	2,263	-0.18%	0
FY 2020 Q3	Sep 30, 2020	34,717	632	34,085	1.09×	48.34%	7.09×	11.55×	—	0.61×	2,263	2,263	-0.04%	0
FY 2020 Q2	Jun 30, 2020	34,447	526	33,921	1.07×	47.99%	6.81×	12.19×	—	0.48×	2,261	2,261	-0.04%	0
FY 2020 Q1	Mar 31, 2020	34,945	360	34,585	1.04×	47.52%	5.51×	12.26×	—	0.55×	2,264	2,264	0.09%	50
FY 2019 Q4	Dec 31, 2019	34,392	185	34,207	1.01×	46.38%	4.7×	13.88×	—	0.63×	—	2,266.97	—	0
FY 2019 Q3	Sep 30, 2019	36,517	241	36,276	1.06×	47.47%	5.72×	15.4×	—	—	—	2,264	2.68%	0
FY 2019 Q2	Jun 30, 2019	36,059	213	35,846	1.05×	47.02%	5.2×	17.47×	—	0.41×	—	2,262	2.63%	0
FY 2019 Q1	Mar 31, 2019	35,830	221	35,609	1.04×	46.96%	5.76×	18.35×	—	0.45×	—	2,262	2.49%	2
FY 2018 Q4	Dec 31, 2018	37,324	3,280	34,044	1.08×	47.33%	5.59×	17.45×	—	0.76×	—	—	—	23
FY 2018 Q3	Sep 30, 2018	37,605	3,459	34,146	1.07×	47.56%	5.86×	24.97×	—	1.05×	—	2,205	-1.17%	0
FY 2018 Q2	Jun 30, 2018	37,498	271	37,227	1.09×	47.88%	7.26×	23.76×	—	0.49×	—	2,204	-1.17%	0
FY 2018 Q1	Mar 31, 2018	38,037	294	37,743	1.08×	48.14%	6.52×	26.09×	—	0.48×	—	2,207	-1.03%	250
FY 2017 Q4	Dec 31, 2017	37,843	264	37,579	1.08×	47.87%	6.47×	26.78×	—	0.44×	2,230	2,230	-0.13%	—
FY 2017 Q3	Sep 30, 2017	38,272	539	37,733	1.05×	47.63%	6.37×	23.99×	—	0.42×	2,231	2,231	0.04%	—
FY 2017 Q2	Jun 30, 2017	38,324	452	37,872	1.06×	47.78%	6.36×	20.59×	—	0.43×	2,230	2,230	0.04%	—
FY 2017 Q1	Mar 31, 2017	39,392	396	38,996	1.13×	49.37%	6.55×	20.86×	—	0.4×	2,230	2,230	0.04%	—
FY 2016 Q4	Dec 31, 2016	40,050	684	39,366	1.15×	49.87%	6.81×	21.02×	—	0.55×	2,232.98	2,232.98	0.2%	—
FY 2016 Q3	Sep 30, 2016	41,462	357	41,105	1.19×	50.81%	8.88×	18.15×	—	0.56×	2,230	2,230	1.23%	—
FY 2016 Q2	Jun 30, 2016	43,620	180	43,440	1.23×	51.73%	9.57×	26.4×	—	0.38×	2,229	2,229	2.48%	—
FY 2016 Q1	Mar 31, 2016	43,807	175	43,632	1.23×	52.01%	9.68×	34.04×	—	0.56×	2,229	2,229	—	—
FY 2015 Q4	Dec 31, 2015	43,227	229	42,998	1.22×	51.4%	9.04×	30.72×	—	0.69×	2,228.61	2,228.54	—	—
FY 2015 Q3	Sep 30, 2015	44,633	179	44,454	1.25×	52.09%	7.54×	82.05×	—	0.5×	2,203	2,203	—	—
FY 2015 Q2	Jun 30, 2015	44,553	163	44,390	1.25×	52.04%	6.93×	44.87×	—	0.45×	2,187	2,175	—	—
FY 2015 Q1	Mar 31, 2015	45,259	259	45,000	1.28×	52.53%	6.96×	48.35×	—	0.48×	2,151	—	—	—
FY 2014 Q4	Dec 31, 2014	42,963	315	42,648	1.25×	51.64%	6.57×	50.54×	2.46×	0.59×	1,460.45	—	—	0
FY 2014 Q3	Sep 30, 2014	37,943	472	37,471	1.32×	49.2%	5.64×	37.87×	—	0.57×	1,028	—	—	0
FY 2014 Q2	Jun 30, 2014	37,144	363	36,781	1.3×	48.64%	5.83×	46.9×	—	0.52×	1,028	—	—	0
FY 2014 Q1	Mar 31, 2014	37,211	513	36,698	1.31×	48.93%	6.11×	46.57×	—	0.6×	1,029	—	—	94
FY 2013 Q4	Dec 31, 2013	36,193	598	35,595	1.28×	48.14%	6.14×	52.08×	2.36×	0.64×	—	—	—	—
FY 2013 Q3	Sep 30, 2013	36,011	816	35,195	1.27×	48.29%	6.36×	47.89×	2.28×	0.56×	—	—	—	—
FY 2013 Q2	Jun 30, 2013	35,546	1,017	34,529	1.25×	47.96%	6.54×	36.8×	—	0.51×	—	—	—	—
FY 2013 Q1	Mar 31, 2013	34,390	1,106	33,284	1.41×	50.35%	7.15×	46.73×	1.17×	0.66×	—	—	—	—
FY 2012 Q4	Dec 31, 2012	34,401	714	33,687	1.43×	50.45%	8.4×	44.5×	1.82×	0.71×	—	—	—	—
FY 2012 Q3	Sep 30, 2012	36,424	775	35,649	1.52×	51.99%	10.51×	38.33×	1.76×	0.75×	—	—	—	—
FY 2012 Q2	Jun 30, 2012	37,104	675	36,429	1.6×	53.33%	12.83×	39.77×	1.98×	0.87×	—	—	—	—
FY 2012 Q1	Mar 31, 2012	16,465	3	16,462	2.03×	54.21%	5.95×	14.22×	2.32×	1.05×	—	—	—	—
FY 2011 Q4	Dec 31, 2011	15,617.2	2.1	15,615.1	1.82×	50.84%	5.94×	13.41×	2.19×	0.37×	—	—	—	—
FY 2011 Q3	Sep 30, 2011	—	273.9	—	—	—	—	—	—	0.34×	—	—	—	—
FY 2011 Q2	Jun 30, 2011	—	354.4	—	—	—	—	—	—	0.54×	—	—	—	—

Sources and calculations

Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.

Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.

The SBC option subtracts reported share-based compensation from FCF as an economic-cost scenario. Missing SBC never becomes zero.

Debt uses reported borrowings, with overlapping concepts treated as alternatives. Cash excludes restricted cash and short-term investments. Dilution compares split-normalized weighted average basic shares year over year. Share buyback spending does not by itself measure shares retired.

Market prices: Yahoo Finance · KMI, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.

Total debt: Reported borrowing balances. Uses an aggregate including current maturities, or current plus noncurrent debt. Adds separately disclosed short-term borrowings, with commercial paper as a fallback, unless the selected current/aggregate concept already includes them. Finance leases are included when part of the reported debt concept; undisclosed components are not estimated.
Cash & equivalents: Unrestricted reported cash and cash equivalents. Excludes short-term investments and restricted cash.
Net debt: Total debt − cash and equivalents. Negative means net cash.
Debt / equity: Total debt / equity including noncontrolling interests. Nonpositive equity yields unavailable.
Debt / assets: Total debt / total assets × 100.
Net debt / EBITDA: Period-end net debt / (TTM operating income + TTM depreciation and amortization). Negative net debt is retained.
Debt / FCF: Period-end reported debt / positive TTM free cash flow. Reflects the selected reported capex scope and SBC option.
Interest coverage: TTM operating income / positive TTM interest expense. IFRS finance costs can include more than interest.
Current ratio: Current assets / positive current liabilities.
Diluted shares: Reported weighted average diluted shares, normalized for subsequent recorded stock splits. Fourth-quarter counts use a day-weighted annual/nine-month reconstruction where possible.
Basic shares: Reported weighted average basic shares, normalized for subsequent recorded stock splits.
Share count growth: Year-over-year change in split-normalized weighted average basic shares × 100. A dilution proxy; negative means a lower share count.
Share repurchases: Reported cash payments for repurchase of common shares. This is spending, not a buyback yield.