Kinder MorganFRA:2KD +2.22%76 FCF Margin % is 14.23% as of Mar. 2026, which is 21% below its 10-year median of 18.10. GuruFocus rates FRA:2KD with a GF Score™ of 76/100 and a GF Value™ of €24.65 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 906 Oil & Gas companies, Kinder Morgan ranks better than 81.35% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Kinder Morgan's Free Cash Flow for the
three
months ended in Mar. 2026 was €594 Mil. Kinder Morgan's Revenue for the
three
months ended in Mar. 2026 was €4,176 Mil. Therefore, Kinder Morgan's FCF Margin % for the quarter that ended in Mar. 2026 was 14.23%.
The historical rank and industry rank for Kinder Morgan's FCF Margin % or its related term are showing as below:
FRA:2KD'
s FCF Margin % Range Over the Past 10 Years
Min: 10.31 Med: 18.1 Max: 27.22
Current: 18.17
During the past 13 years, the highest FCF Margin % of Kinder Morgan was 27.22%. The lowest was 10.31%. And the median was 18.10%.
FRA:2KD's FCF Margin % is ranked better than 81.35% of 906
companies
in the Oil & Gas industry
Industry Median: 3.285
vs FRA:2KD: 18.17
Kinder Morgan FCF Margin % Related Terms
Kinder Morgan FCF Margin % Historical Data
* Premium members only.
The historical data trend for Kinder Morgan's FCF 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.
For the Oil & Gas Midstream subindustry, Kinder Morgan's FCF Margin %, along with its competitors' market caps and FCF 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 FCF Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Kinder Morgan's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Kinder Morgan's FCF Margin % 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.
Kinder Morgan (FRA:2KD) has a FCF Margin % of 14.23% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Kinder Morgan and its competitors. This is 21% below median its historical median of 18.10. Over the past decade, Kinder Morgan's FCF Margin % has ranged from 10.31 to 27.22. According to the industry distribution chart, Kinder Morgan ranks #169 out of 906 companies in the Oil & Gas industry, placing it in the top 18.7%.
Is Kinder Morgan's FCF Margin % too high?
Kinder Morgan's current FCF Margin % of 14.23% is 21% below median its 10-year median of 18.10. Over the past 10 years, this metric has ranged from a low of 10.31 to a high of 27.22. The Oil & Gas industry median FCF Margin % is 3.29. Kinder Morgan's value of 14.23% is 333.2% above this industry median. Based on the distribution chart, Kinder Morgan ranks #169 out of 906 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Kinder Morgan has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kinder Morgan's FCF Margin % compare to ET and EPD?
According to the Oil & Gas industry distribution chart, Kinder Morgan ranks #169 out of 906 companies for FCF Margin %. This places Kinder Morgan in the top 19% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 3.29. Kinder Morgan's value of 14.23% is 333.2% above this benchmark. Historically, Kinder Morgan's own FCF Margin % has ranged from 10.31 to 27.22 over the past decade. While the company's 10-year median is 18.10 vs. the industry median of 3.29, 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 FCF Margin % for an Oil & Gas company?
The median FCF Margin % among Oil & Gas companies is 3.29, based on 906 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kinder Morgan's current FCF Margin % of 14.23% is 333.2% 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Kinder Morgan and its competitors. For the Oil & Gas industry, the median FCF Margin % is 3.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kinder Morgan's current FCF Margin % is 14.23%, which is 21% below median its own 10-year median of 18.10. 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 (FRA:2KD) is currently considered Modestly Overvalued. The stock's GF Value™ is €24.65, compared to a current price of €28.98 — trading 17.6% above its estimated fair value. The current FCF Margin % is 14.23%, which is 21% below median its 10-year median of 18.10 and 333.2% above the Oil & Gas industry median of 3.29. Kinder Morgan's overall GF Score™ is 76/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Kinder Morgan (FRA:2KD), the current FCF Margin % is 14.23% as of Mar. 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 (FRA:2KD) Overvalued in 2026?
Based on GuruFocus' analysis, Kinder Morgan stock appears to be overvalued.
The current stock price of €28.98 is trading 17.6% above its estimated GF Value™ of €24.65.
GuruFocus considers Kinder Morgan to be Modestly Overvalued.
Key valuation signals for FRA:2KD:
FCF Margin %: 14.23% (21% below median its 10-year median of 18.10)
GF Value™: €24.65 vs. price of €28.98 (17.6% above fair value)
Industry Position: 333.2% above the Oil & Gas median (#169 of 906)
No single metric tells the full story. See the FRA:2KD 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.
76GF Score
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