KMI
Kinder Morgan Inc - Class P
PE ratio, current and historical analysis
As of Jul 31, 2026, the KMI stock has a PE ratio of 20.63. The calculation is based on the latest EPS of $1.56 and the stock price of $32.18 per share. A decrease of 4.3% has been observed in the PE ratio compared to its average of 21.6 of the last four quarters.
KMI PE ratio history
The mean historical PE ratio of Kinder Morgan Inc - Class P over the last ten years is 99.69. The current 20.63 P/E ratio is 79% lower than the historical average. Looking back at the last ten years, KMI's PE ratio peaked in the Dec 2017 quarter at 1,807, with a price of $18.07 and an EPS of $0.01. The Sep 2022 quarter marked the lowest point at 15.13, with a price of $16.64 and an EPS of $1.1.
Kinder Morgan Inc - Class P PE ratio by year
Maximum annual increase: 2,081.31% in 2017
Maximum annual decrease: -98.71% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 20.07 | -14.3% | $27.49 | $1.37 |
| 2024 | 23.42 | 40.75% | $27.4 | $1.17 |
| 2023 | 16.64 | 3.1% | $17.64 | $1.06 |
| 2022 | 16.14 | -20.61% | $18.08 | $1.12 |
| 2021 | 20.33 | -92.56% | $15.86 | $0.78 |
| 2020 | 273.4 | 1,139.91% | $13.67 | $0.05 |
| 2019 | 22.05 | -5.36% | $21.17 | $0.96 |
| 2018 | 23.3 | -98.71% | $15.38 | $0.66 |
| 2017 | 1,807 | 2,081.31% | $18.07 | $0.01 |
| 2016 | 82.84 | -44.48% | $20.71 | $0.25 |
| 2015 | 149.2 | 213.84% | $14.92 | $0.1 |
| 2014 | 47.54 | 51.88% | $42.31 | $0.89 |
| 2013 | 31.3 | -68.99% | $36 | $1.15 |
| 2012 | 100.94 | 132.21% | $35.33 | $0.35 |
| 2011 | 43.47 | N/A | $32.17 | $0.74 |
Kinder Morgan Inc - Class P PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Jun 2026 | 20.49 | -8.93% | $31.97 | $1.56 |
| Mar 2026 | 22.5 | 12.11% | $33.53 | $1.49 |
| Dec 2025 | 20.07 | -13.49% | $27.49 | $1.37 |
| Sep 2025 | 23.2 | -3.73% | $28.31 | $1.22 |
| Jun 2025 | 24.1 | -1.99% | $29.4 | $1.22 |
| Mar 2025 | 24.59 | 5% | $28.53 | $1.16 |
| Dec 2024 | 23.42 | 19.8% | $27.4 | $1.17 |
| Sep 2024 | 19.55 | 7.24% | $22.09 | $1.13 |
| Jun 2024 | 18.23 | 8.32% | $19.87 | $1.09 |
| Mar 2024 | 16.83 | 1.14% | $18.34 | $1.09 |
| Dec 2023 | 16.64 | 9.4% | $17.64 | $1.06 |
| Sep 2023 | 15.21 | -2.81% | $16.58 | $1.09 |
| Jun 2023 | 15.65 | 0.13% | $17.22 | $1.1 |
| Mar 2023 | 15.63 | -3.16% | $17.51 | $1.12 |
| Dec 2022 | 16.14 | 6.68% | $18.08 | $1.12 |
KMI Price vs fair value
KMI average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
Currently, KMI's PE ratio is higher than its 3 and 5-year averages, but it is lower than its 10-year average.
PE comparison
Kinder Morgan Inc - Class P's price to earnings (P/E) of 20.63 is higher than the Energy sector and the industry average but lower than its peers average. In comparison with the Energy sector average of 16.75, Kinder Morgan Inc - Class P's price to earnings (P/E) is 23% higher.
KMI PE vs peers
In comparison to its peers XOM and WMB, KMI's PE ratio is lower, but it is higher than EPD's. Kinder Morgan Inc - Class P is currently trading at a lower PE ratio (20.63) than its peers average of 27.87.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EPD Enterprise Products Partners L P | 13.96 | $81.55B |
| KMI Kinder Morgan Inc - Class P | 20.24 | $70.32B |
| XOM Exxon Mobil Corp | 26.14 | $643.61B |
| WMB Williams Cos Inc | 30.93 | $86.62B |
| SE Sea Ltd | 40.86 | $66.72B |
Frequently asked questions
What is Kinder Morgan Inc - Class P's PE ratio?
The price to earnings ratio for KMI stock is 20.63 as of Jul 31, 2026.
What is the 3-year average PE ratio for Kinder Morgan Inc - Class P (KMI)?
As an average over the last 3 years, KMI stock has a PE ratio of 20.4.
What is the 5-year average PE ratio for Kinder Morgan Inc - Class P (KMI)?
As an average over the last 5 years, KMI stock has a PE ratio of 20.36.
What is the highest PE ratio for KMI?
The highest quarterly PE ratio in the last ten years has been 1,807 and it was in the Dec 2017 quarter.
How does the current PE ratio for KMI compare to its historical average?
KMI's current price to earnings ratio is 79% below its 10-year historical average.
How is KMI's PE ratio calculated (Kinder Morgan Inc - Class P PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jul 31, 2026), Kinder Morgan Inc - Class P's share price is $32.18. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2026 is $1.56. Therefore, Kinder Morgan Inc - Class P's PE ratio for today is 20.63. PE RATIO(20.63) = STOCK PRICE($32.18) / TTM EPS($1.56)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.