earnings
confidence high
sentiment positive
materiality 0.85
Kinder Morgan Q2 net income record $867M; raises FY 2026 guidance above budget
KINDER MORGAN, INC.
- Q2 net income attributable to KMI $867M (record), up 21% YoY; Adjusted EBITDA $2,199M, up 12%.
- EPS $0.39 (+22% YoY); Adjusted EPS $0.37 (+32% YoY).
- Dividend increased 2% to $0.2975/share, payable Aug 17, 2026 to holders of record Aug 3.
- FY 2026 outlook: expects >5% favorable to budget on Adj. EBITDA, >12% favorable on Adj. EPS.
- Net Debt-to-Adjusted EBITDA at 3.6x (low end of target); placed ~$660M expansion projects in service.