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Kinder MorganMEX:KMI 67 Debt-to-EBITDA is 4.09 as of Jun. 2026, which is 22% below its 10-year median of 5.22. GuruFocus rates MEX:KMI with a GF Score™ of 67/100 and a GF Value™ of MXN551.19 (Fairly Valued). The stock has 8 warning signs investors should review. Among 705 Oil & Gas companies, Kinder Morgan ranks worse than 74.61% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Kinder Morgan's Debt-to-EBITDA or its related term are showing as below:
MEX:KMI'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.18 Med: 5.22 Max: 6.53
Current: 4.18
During the past 13 years, the highest Debt-to-EBITDA Ratio of Kinder Morgan was 6.53. The lowest was 4.18. And the median was 5.22.
MEX:KMI's Debt-to-EBITDA is ranked worse than 74.61% of 705
companies
in the Oil & Gas industry
Industry Median: 2.04
vs MEX:KMI: 4.18
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Kinder Morgan Debt-to-EBITDA Related Terms
Kinder Morgan Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Kinder Morgan's Debt-to-EBITDA 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.
MEX:KMI vs ET, EPD, TRGP: Debt-to-EBITDA Comparison
For the Oil & Gas Midstream subindustry, Kinder Morgan's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Kinder Morgan's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Kinder Morgan's Debt-to-EBITDA falls into.
* 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.
Kinder Morgan (MEX:KMI) has a Debt-to-EBITDA of 4.09 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Kinder Morgan. This is 22% below median its historical median of 5.22. Over the past decade, Kinder Morgan's Debt-to-EBITDA has ranged from 4.18 to 6.53. According to the industry distribution chart, Kinder Morgan ranks #526 out of 705 companies in the Oil & Gas industry, placing it in the top 74.6%.
Is Kinder Morgan's Debt-to-EBITDA too high?
Kinder Morgan's current Debt-to-EBITDA of 4.09 is 22% below median its 10-year median of 5.22. Over the past 10 years, this metric has ranged from a low of 4.18 to a high of 6.53. The Oil & Gas industry median Debt-to-EBITDA is 2.04. Kinder Morgan's value of 4.09 is 100.5% above this industry median. Based on the distribution chart, Kinder Morgan ranks #526 out of 705 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Kinder Morgan has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kinder Morgan's Debt-to-EBITDA compare to ET and EPD?
According to the Oil & Gas industry distribution chart, Kinder Morgan ranks #526 out of 705 companies for Debt-to-EBITDA. This places Kinder Morgan in the lower half of its industry. The industry median Debt-to-EBITDA is 2.04. Kinder Morgan's value of 4.09 is 100.5% above this benchmark. Historically, Kinder Morgan's own Debt-to-EBITDA has ranged from 4.18 to 6.53 over the past decade. While the company's 10-year median is 5.22 vs. the industry median of 2.04, Kinder Morgan has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 2.04, based on 705 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kinder Morgan's current Debt-to-EBITDA of 4.09 is 100.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Kinder Morgan. For the Oil & Gas industry, the median Debt-to-EBITDA is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kinder Morgan's current Debt-to-EBITDA is 4.09, which is 22% below median its own 10-year median of 5.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kinder Morgan stock overvalued right now?
Based on GuruFocus' analysis, Kinder Morgan (MEX:KMI) is currently considered Fairly Valued. The stock's GF Value™ is MXN551.19, compared to a current price of MXN575.00 — trading 4.3% above its estimated fair value. The current Debt-to-EBITDA is 4.09, which is 22% below median its 10-year median of 5.22 and 100.5% above the Oil & Gas industry median of 2.04. Kinder Morgan's overall GF Score™ is 67/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Kinder Morgan (MEX:KMI), the current Debt-to-EBITDA is 4.09 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Kinder Morgan (MEX:KMI) Overvalued in 2026?
Based on GuruFocus' analysis, Kinder Morgan stock appears to be overvalued.
The current stock price of MXN575.00 is trading 4.3% above its estimated GF Value™ of MXN551.19.
GuruFocus considers Kinder Morgan to be Fairly Valued.
Key valuation signals for MEX:KMI:
Debt-to-EBITDA: 4.09 (22% below median its 10-year median of 5.22)
GF Value™: MXN551.19 vs. price of MXN575.00 (4.3% above fair value)
Industry Position: 100.5% above the Oil & Gas median (#526 of 705)
No single metric tells the full story. See the MEX:KMI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kinder Morgan operates natural gas, crude oil, and refined products pipelines connecting producing regions to demand centers. It is principally involved in the gathering, storage, and transmission of natural gas across the continental United States. It also operates distribution centers for refined products along with the largest fleet of Jones Act-compliant tankers.
67GF Score
Get the complete analysis for MEX:KMI
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