---
schema_version: "secwatch.filing_event.v1"
accession: "0001506307-26-000002"
form_type: "8-K"
ticker: "KMI"
cik: "0001506307"
company_name: "KINDER MORGAN, INC."
filed_at: "2026-01-21T23:59:59+00:00"
generated_at: "2026-05-16T09:16:41.484692+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001506307-26-000002
- form_type: 8-K
- ticker: KMI
- cik: 0001506307
- company_name: KINDER MORGAN, INC.
- filed_at: 2026-01-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1506307/000150630726000002/0001506307-26-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1506307/000150630726000002/kmi-20260121.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001506307-26-000002
- JSON: https://secwatch.observer/filing/0001506307-26-000002.json
- Plain text: https://secwatch.observer/filing/0001506307-26-000002.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.