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KMI (Kinder Morgan) Debt-to-EBITDA : 4.69 (As of Mar. 2025)


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What is Kinder Morgan Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Kinder Morgan's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was $3,044 Mil. Kinder Morgan's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was $29,855 Mil. Kinder Morgan's annualized EBITDA for the quarter that ended in Mar. 2025 was $7,020 Mil. Kinder Morgan's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2025 was 4.69.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Kinder Morgan's Debt-to-EBITDA or its related term are showing as below:

KMI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.7   Med: 5.66   Max: 6.53
Current: 4.9

During the past 13 years, the highest Debt-to-EBITDA Ratio of Kinder Morgan was 6.53. The lowest was 4.70. And the median was 5.66.

KMI's Debt-to-EBITDA is ranked worse than
78.88% of 715 companies
in the Oil & Gas industry
Industry Median: 1.83 vs KMI: 4.90

Kinder Morgan Debt-to-EBITDA Historical Data

The historical data trend for Kinder Morgan's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Kinder Morgan Debt-to-EBITDA Chart

Kinder Morgan Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.11 4.98 5.05 4.90 4.70

Kinder Morgan Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.43 5.01 4.98 4.45 4.69

Competitive Comparison of Kinder Morgan's Debt-to-EBITDA

For the Oil & Gas Midstream subindustry, Kinder Morgan's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kinder Morgan's Debt-to-EBITDA Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Kinder Morgan's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Kinder Morgan's Debt-to-EBITDA falls into.


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Kinder Morgan Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Kinder Morgan's Debt-to-EBITDA for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2009 + 29660) / 6738
=4.70

Kinder Morgan's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3044 + 29855) / 7020
=4.69

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2025) EBITDA data.


Kinder Morgan  (NYSE:KMI) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Kinder Morgan Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Kinder Morgan's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Kinder Morgan Business Description

Address
1001 Louisiana Street, Suite 1000, Houston, TX, USA, 77002
Kinder Morgan is one of the largest midstream energy firms in North America, with an interest in or an operator on about 80,000 miles of gas, refined products, and carbon dioxide pipelines. The company also owns one of the largest portfolios of gas and refined products storage and terminals. Most of Kinder Morgan's cash flows stem from fee-based contracts for handling, moving, and storing fossil fuel products.
Executives
Thomas A Martin officer: VP (Pres., Natural Gas Pipeln) 1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Michael C Morgan director 1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002
John W Schlosser officer: V.P. (President, Terminals) 1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002
C Park Shaper director, officer: President 1001 LOUISIANA, STE 1000, HOUSTON TX 77002
Dax Sanders officer: V.P., Corporate Development 1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Sital K Mody officer: V.P. (Pres.,Nat Gas Pipelines) 1001 LOUISIANA STREET SUITE 1000, HOUSTON TX 77002
Denise R Mathews officer: VP, Human Resources/Admin/IT 1001 LOUISIANA STREET, SUITE 1000, HOUSTON TX 77002
Anthony B Ashley officer: VP (President, CO2 and ETV) 1001 LOUISIANA STREET, SUITE 1000, HOUSTON TX 77002
Jesse Arenivas officer: VP(President, CO2) 1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Gary Hultquist director 1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Deborah Macdonald director KINDER MORGAN, INC., 1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Robert F Vagt director 5300 MEMORIAL DR, STE 800, HOUSTON TX 77007
William A Smith director KINDER MORGAN, 1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Richard D Kinder director, officer: Chairman & CEO 1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Perry M Waughtal director 1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002