Kinder Morgan reports record Q4 net income $996M; raises dividend 2%; 2026 adjusted EPS guidance $1.36

KINDER MORGAN, INC.

2025-FY EPS reported $1.37 revenue$16,937,000,000

Q4 EPS $0.45 (up 50% YoY); adjusted EPS $0.39 (up 22%); net income $996M vs $667M.
Full-year 2025: net income up 17% YoY, adjusted EBITDA up 6%, adjusted EPS up 13%.
Dividend increased 2% to $0.2925/share; payable Feb 17, 2026 to holders of record Feb 2, 2026.
2026 guidance: adjusted EPS $1.36 (up 5%), adjusted EBITDA $8.6B (up 2.5%), net debt/EBITDA 3.8x.
Backlog $10B with ~90% natural gas projects; added $912M in Q4, placed $265M in service.

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