KMI

NYSE

KINDER MORGAN, INC.

Energy, Oil & Gas Storage & Transportation

$30.85

close 7 Aug 2026

+14.73%

52-week change

$68.64B

market cap

$25.60

$34.81

52-week range

Expected price

$28.96 – $35.40

Current price

$30.85

Signal

Appears fairly valued

A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.

Current multiples

P/E (TTM)19.78x

P/S (TTM)3.82x

P/B2.17x

EV/EBITDA (TTM)13.10x

FCF yield (TTM)4.60%

PEG (TTM, GAAP)2.85

Context

P/E, own 5-year average20.83x

P/E, sector median15.54x*

Price at 5-year median P/E$33.34*

Indicated dividend yield3.86%

Forward — analyst consensus

Forward P/E (FY2026)19.79x*

Forward P/E (FY2027)20.08x

Forward PEG—*

Consensus EPS FY2026 (11 analysts)$1.56

EPS growth (FY2026→FY2027)-1.44%

Revenue growth (FY2026)9.06%

Street view

Price target (mean)$35.62*

Target upside15.46%

Ratings (buy / hold / sell)11 / 12 / 0

FY2026 EPS revisions, 30d (up / down)5 / 0

5-year history

Dashed line: average of month-end values

P/E (TTM)

P/S (TTM)

P/B

FCF yield (TTM)

Dividend yield

period to 30 Jun 2026, filed 24 Jul 2026, close 7 Aug 2026

Discounted cash flow

Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.

Free cash flow, last ten years and TTM

5Y CAGR +0.34%10Y CAGR +7.39%

Assumptions

Growth rate, years 1–10%

Perpetual growth%Discount rate%

Base FCF$M

As filed — not assumptions

Current price$30.85

Cash & equivalents$89.00M

Total debt$32.25B

Shares outstanding2.22B

Result

DCF price per share$7.91

Current price$30.85

Margin of safety-74.38%

PV of years 1–10$21.54B

PV of terminal value$28.20B

Equity value$17.59B

Market-implied growth+9.39%

Projected FCF, years 1–10

Hover for PV and growth

Projection detail

Override growth for any year; blank years use the uniform rate

Year	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035	Terminal
Growth, %											2.5
FCF	$3.17B	$3.18B	$3.19B	$3.20B	$3.21B	$3.22B	$3.23B	$3.24B	$3.26B	$3.27B	$60.89B
PV	$2.93B	$2.73B	$2.53B	$2.35B	$2.19B	$2.03B	$1.89B	$1.75B	$1.63B	$1.51B	$28.20B

period to 30 Jun 2026, filed 24 Jul 2026, close 7 Aug 2026