Is the price fair?
What KMI's price assumes
Kinder Morgan trades at 20.5× earnings against 18.3× for the median Oil & Gas Midstream name, more expensive than its own group.
20.5
Trailing P/E · Oil & Gas Midstream median 18.3 · 1.12× the median: the market pays up for this one
- Price / sales
- 4.22
Price / sales · as of 2026-Q1
- Free cash flow yield
- 4.5%
Free cash flow yield · Oil & Gas Midstream median 5.4%
- Growth the price implies
- +7.1%
Growth the price implies · The price pays for +7.1% free cash flow growth a year for a decade; the business has delivered −1.6% a year over the last three.
Details›
- Price / book2026-Q1
- 2.36
- EV / EBIT2026-Q1
- 20.6
- EV / sales2026-Q1
- 5.92
- Energy median P/E127 names
- 16.4
- Oil & Gas Midstream median P/E28 names
- 18.3
- Free cash flow, trailing twelve months
- $3.16B
- Market capitalisation
- $70.3B
- 3-year revenue growth
- +1.6%
- 3-year free cash flow growth
- −1.6%
| Method | Per share |
|---|---|
| Its own P/E history, lower quartile | $23.79 |
| Its own P/E history, median | $28.55 |
| Its own P/E history, upper quartile | $33.68 |
| 52-week range | $25.09 – $34.31 |
| Today | $32.02 |
Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.
Oil & Gas Midstream
Ranks #8 of 27 by Smart Score