Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Kinder Morgan's Pre-Tax Income for the
three
months ended in Mar. 2024 was $982 Mil. Kinder Morgan's Revenue for the
three
months ended in Mar. 2024 was $3,842 Mil. Therefore, Kinder Morgan's pretax margin for the quarter that ended in Mar. 2024 was 25.56%.
The historical rank and industry rank for Kinder Morgan's Pretax Margin % or its related term are showing as below:
KMI'
s Pretax Margin % Range Over the Past 10 Years
Min: 5.36 Med: 16.57 Max: 23.96
Current: 21.48
KMI's Pretax Margin % is ranked better than 73.18% of 977
companies
in the Oil & Gas industry
Industry Median: 6.41
vs KMI: 21.48
Kinder Morgan Pretax Margin % Historical Data
The historical data trend for Kinder Morgan's Pretax Margin % 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.
Competitive Comparison of Kinder Morgan's Pretax Margin %
For the Oil & Gas Midstream subindustry, Kinder Morgan's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Kinder Morgan's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Kinder Morgan's Pretax Margin % falls into.
Kinder Morgan Pretax Margin % Calculation
Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.
Kinder Morgan's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Kinder Morgan (NYSE:KMI) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Kinder Morgan Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Kinder Morgan's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Kinder Morgan (Kinder Morgan) Business Description
Kinder Morgan is one of the largest midstream energy firms in North America, with an interest in or an operator on about 83,000 miles in pipelines and 140 storage terminals. The company is active in the transportation, storage, and processing of natural gas, crude oil, refined products, natural gas liquids, and carbon dioxide. The majority of Kinder Morgan's cash flows stem from fee-based contracts for handling, moving, and storing fossil fuel products.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
KMI has been successfully added to your 