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Kinder MorganKMI -0.40%77 Equity-to-Asset is 0.43 as of Jun. 2026, which is 2% below its 10-year median of 0.44. GuruFocus rates KMI with a GF Score™ of 77/100 and a GF Value™ of $30.50 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,031 Oil & Gas companies, Kinder Morgan ranks worse than 57.32% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kinder Morgan's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $31,631 Mil. Kinder Morgan's Total Assets for the quarter that ended in Jun. 2026 was $74,062 Mil.
Therefore, Kinder Morgan's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.43.
The historical rank and industry rank for Kinder Morgan's Equity-to-Asset or its related term are showing as below:
KMI'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.42 Med: 0.44 Max: 0.46
Current: 0.43
During the past 13 years, the highest Equity to Asset Ratio of Kinder Morgan was 0.46. The lowest was 0.42. And the median was 0.44.
KMI's Equity-to-Asset is ranked worse than 57.32% of 1031
companies
in the Oil & Gas industry
Industry Median: 0.49
vs KMI: 0.43
Kinder Morgan (NYSE:KMI) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Kinder Morgan Equity-to-Asset Related Terms
Kinder Morgan Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Kinder Morgan's Equity-to-Asset 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.
For the Oil & Gas Midstream subindustry, Kinder Morgan's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Kinder Morgan's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Kinder Morgan's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Kinder Morgan's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 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 (KMI) has a Equity-to-Asset of 0.43 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Kinder Morgan and its competitors. This is near median its historical median of 0.44. Over the past decade, Kinder Morgan's Equity-to-Asset has ranged from 0.42 to 0.46. According to the industry distribution chart, Kinder Morgan ranks #591 out of 1031 companies in the Oil & Gas industry, placing it in the top 57.3%.
Is Kinder Morgan's Equity-to-Asset too high?
Kinder Morgan's current Equity-to-Asset of 0.43 is near median its 10-year median of 0.44. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 0.46. The Oil & Gas industry median Equity-to-Asset is 0.49. Kinder Morgan's value of 0.43 is 12.2% below this industry median. Based on the distribution chart, Kinder Morgan ranks #591 out of 1031 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Kinder Morgan has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kinder Morgan's Equity-to-Asset compare to ET and TRGP?
According to the Oil & Gas industry distribution chart, Kinder Morgan ranks #591 out of 1031 companies for Equity-to-Asset. This places Kinder Morgan in the lower half of its industry. The industry median Equity-to-Asset is 0.49. Kinder Morgan's value of 0.43 is 12.2% below this benchmark. Historically, Kinder Morgan's own Equity-to-Asset has ranged from 0.42 to 0.46 over the past decade. While the company's 10-year median is 0.44 vs. the industry median of 0.49, Kinder Morgan has consistently been below 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 Equity-to-Asset for an Oil & Gas company?
The median Equity-to-Asset among Oil & Gas companies is 0.49, based on 1,031 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kinder Morgan's current Equity-to-Asset of 0.43 is 12.2% below 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Kinder Morgan and its competitors. For the Oil & Gas industry, the median Equity-to-Asset is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kinder Morgan's current Equity-to-Asset is 0.43, which is near median its own 10-year median of 0.44. 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 (KMI) is currently considered Fairly Valued. The stock's GF Value™ is $30.50, compared to a current price of $31.97 — trading 4.8% above its estimated fair value. The current Equity-to-Asset is 0.43, which is near median its 10-year median of 0.44 and 12.2% below the Oil & Gas industry median of 0.49. Kinder Morgan's overall GF Score™ is 77/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Kinder Morgan (KMI), the current Equity-to-Asset is 0.43 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 (KMI) Overvalued in 2026?
Based on GuruFocus' analysis, Kinder Morgan stock appears to be overvalued.
The current stock price of $31.97 is trading 4.8% above its estimated GF Value™ of $30.50.
GuruFocus considers Kinder Morgan to be Fairly Valued.
Key valuation signals for KMI:
Equity-to-Asset: 0.43 (near median its 10-year median of 0.44)
GF Value™: $30.50 vs. price of $31.97 (4.8% above fair value)
Industry Position: 12.2% below the Oil & Gas median (#591 of 1031)
No single metric tells the full story. See the 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.
77GF Score
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