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Kinder Morgan Inc (KMI)

適正価値
EnergyOil & Gas MidstreamUnited States

ファンダメンタル

64

株価

$30.15

時価総額

$68.15B

パート1 · 企業の価値

概要

Kinder Morgan, Inc. operates as an energy infrastructure company primarily in North America. It operates through Natural Gas Pipelines, Products Pipelines, Terminals, and CO2 segments. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline, and storage systems; natural gas gathering systems and natural gas processing and treating facilities; natural gas liquids fractionation facilities and transportation systems; and liquefied natural gas gasification, liquefaction, and storage facilities. The Products Pipelines segment owns and operates refined petroleum products, and crude oil and condensate pipelines; and associated product terminals and petroleum pipeline transmix facilities. The Terminals segment owns and/or operates liquids and bulk terminals that stores and handles various commodities, including gasoline, diesel fuel, renewable fuel and feedstocks, chemicals, ethanol, metals, and petroleum coke; and owns tankers. The CO2 segment produces, transports, and markets CO2 to recovery and production crude oil from mature oil fields; owns interests in/or operates oil fields and gasoline processing plants; and operates a crude oil pipeline system in West Texas, as well as owns and operates RNG and LNG facilities. The company was formerly known as Kinder Morgan Holdco LLC and changed its name to Kinder Morgan, Inc. in February 2011. Kinder Morgan, Inc. was founded in 1997 and is headquartered in Houston, Texas.

No editorial profile for this company yet

Direct competitors

Who this company fights with for the same customers

Compare

Generated on 2026年9月19日 with claude-haiku-4-5 — shared with all users

P/E: 27.1Score: 70Market cap: $84.37B

Williams is the closest peer in long-haul interstate natural gas transmission, competing for the same producer and utility shippers moving gas from the Marcellus, Haynesville and Gulf Coast basins to end markets.

P/E: 14.7Score: 73Market cap: $55.86B

ONEOK competes in natural gas gathering, processing and NGL transport, and after the Magellan acquisition also in refined-products pipelines and liquids terminals, the same markets as Kinder Morgan's Products Pipelines and Terminals segments.

Energy Transfer LPET

Energy Transfer runs a comparably vast interstate and Texas intrastate pipeline network and bids for the same transportation, storage and NGL contracts, including competing expansion projects in the Permian and the Southwest.

Enterprise Products Partners L.P.EPD

Enterprise competes for the same midstream fee-based volumes in natural gas and NGL pipelines, processing and Gulf Coast export terminals serving Permian and Eagle Ford producers.

TC Energy CorporationTRP

TC Energy's US interstate systems (including ANR and Columbia Gas) compete directly with Kinder Morgan's pipelines for firm transportation contracts from the same supply basins to Midwest and Gulf Coast markets.

Enbridge Inc.ENB

Enbridge competes across North American liquids pipelines, US gas transmission (Texas Eastern, Algonquin) and export terminals, targeting the same shippers for crude, refined-product and natural gas capacity.

貸借対照表と流動性

売上高

$16.28B

直近12か月(2026/6/30まで)

純利益

$3.47B

直近12か月(2026/6/30まで)

フリーキャッシュフロー

$2.89B

自己資本合計

$31.16B

負債合計

$40.30B

流動比率

0.46

利払い倍率

-

負債/EBITDA

4.49

一株当たり利益(EPS)

売上高と純利益

フリーキャッシュフロー

収益内訳

財務推移表

利益率の推移

負債の推移

負債の重さ

成長率グリッド

成長率 — 売上高

適正価値の推定

景気循環株適正価値

適正価値

$27.49

現在株価

$30.15

安全マージン

-9.7%

適正価値レンジ

$21.33 - $33.65

使用した評価手法間のばらつきであり、統計的に較正された信頼区間ではありません。

推定方法

アナリストの目標株価:$36.05
ディスカウンテッド・キャッシュフロー(DCF):この種の企業には適用されません
利益倍率(P/E):$31.15
グレアムの成長公式:この種の企業には適用されません
収益力価値(EPV):$23.70
正当化されたP/B:この種の企業には適用されません
配当割引モデル(ゴードン):この種の企業には適用されません
P/FFO(運用から生まれる資金):この種の企業には適用されません
中間サイクル利益:$22.06
売上高倍率:この種の企業には適用されません
アナリスト・コンセンサス:買い (16B / 12H / 0S)
直近の決算サプライズ:+12.98%

バリュエーション指標

P/E レシオ

19.33

ROE

9.8%

P/B レシオ

2.12

P/FCF

21.26

粗利益率

-

ROIC

6.0%

収益性レーダー

価値創造(経済的モート)

ROIC

6.0%

WACC

5.4%

ROIC − WACC

+0.6 pp

ROICはおおむね資本コストと同水準です。企業はかろうじて資本コストを賄えている状態です。

ファンダメンタル分析基準

合格(18)

  • EPS shows upward trend
  • ROIC 6.0%
  • P/FCF 21.26
  • P/B Ratio 2.12
  • Debt/Equity ratio
  • Operating Margin 32.0%
  • Positive Free Cash Flow
  • Debt/EBITDA
  • Return on Tangible Assets
  • ROE 11.1%
  • Revenue Growth 5Y 7.7%
  • Analyst Consensus 57% Buy
  • Earnings Surprise avg 9.1%
  • PEG Ratio 0.21
  • Earnings Quality (OCF/NI) 1.89
  • Share Dilution -0.1%
  • Net Margin Trend 21.3% vs 19.0%
  • Piotroski F-Score 7/9

不合格(7)

  • EPS CAGR 1.47%
  • Price CAGR 4.07%
  • CapEx intensity
  • Current Ratio
  • Low reliance on intangibles
  • Price below Graham Number
  • DCF valuation (Overvalued)

データなし(3)

  • Gross Margin NaN%
  • Dividend Payout NaN%
  • Interest Coverage

Piotroski F-スコア

7/9

財務健全性が高い

score
criteria

利益の質

1.89

高品質:利益はキャッシュに裏付けられている

株式希薄化

-0.1%

株式を買い戻している。株主に友好的

機関投資家の保有

ガバナンス

経営陣

氏名役職年齢
Mr. Richard D. KinderExecutive Chairman of the Board80
Ms. Kimberly Allen DangCEO & Director55
Mr. Dax A. Sanders CPAPresident50
Mr. David Patrick MichelsVP & CFO46
Mr. John W. SchlosserVP & President of Terminals62
Mr. Sital K. ModyVP & President of Natural Gas Pipelines54
Mr. Kenneth W. GrubbVP, COO & Chief Project Officer57
Mr. Mark HuseVP & Chief Information Officer-
Mr. Michael J. PittaVP & Chief Administrative Officer51
Mr. Peter StaplesDirector of IR-

監査リスク

8

取締役会リスク

9

報酬リスク

3

株主権利リスク

7

パート2 · 株価と買い時

この部分は企業に価値があるかを判断するものではありません。ファンダメンタルズに納得したうえで、いつ買うかを選ぶためのものです。内容:テクニカル分析、ポテンシャル、過去のドローダウン、ガンマエクスポージャー。

書類

  • 年次報告書(10-K)

    事業内容、財務実績、リスクをまとめた年次の概要。

    提出日: 2026-02-13

    書類を見る
  • 四半期報告書(10-Q)

    直近3か月間の業績に関する最新情報。

    提出日: 2026-07-24

    書類を見る
  • 臨時報告書(8-K)

    経営陣の交代や重要な発表など、大きな出来事に関するお知らせ。

    提出日: 2026-09-28

    書類を見る

via SEC EDGAR

業績推移

via SEC EDGAR

Latest News

Recent headlines for KMI, sourced from Markets Gazette.

  • 4/22/2026NEUTRAL
    Transcript: Kinder Morgan Q1 2026 Earnings Conference Call

    Kinder Morgan, Inc. held its Q1 2026 Earnings Conference Call on April 22, 2026. While the transcript is available, no specific financial results, forward-looking statements, or significant operational updates were provided in the initial announcement. Investors will need to review the full transcript for detailed financial performance, strategic initiatives, and management's outlook on the company's operations and future growth prospects. The call's content is crucial for assessing the company's current standing and future trajectory.

  • 2/27/2026NEUTRAL
    What 5 Analyst Ratings Have To Say About Kinder Morgan

    Energy infrastructure giant Kinder Morgan (KMI) is currently under the analytical microscope, presenting a mixed bag of analyst ratings that reflect diverse perspectives on its future trajectory. In January 2022, Wolfe Research upgraded its stance from "Underperform" to "Peer Perform," indicating an improved outlook relative to its industry peers. However, this more optimistic view is tempered by earlier, more significant downgrades. Specifically, in June 2021, Stifel revised its rating from "Buy" to "Hold," while Goldman Sachs went further, downgrading from "Neutral" to "Sell." For investors, this divergence in expert opinions underscores the importance of thorough due diligence, weighing both the potential strengths and the ongoing challenges Kinder Morgan faces within the dynamic energy sector.

via Markets Gazette