KMI (Kinder Morgan) Other Operating Expense: $3,521 Mil (TTM As of Mar. 2026)

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KMI Kinder Morgan Inc KMI
76 GF Score
Price $32.86
GF Value $28.91
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Kinder Morgan Other Operating Expense?

Kinder Morgan KMI +0.27% 76 Other Operating Expense is $3,521 Mil as of Mar. 2026. GuruFocus rates KMI with a GF Score™ of 76/100 and a GF Value™ of $28.91 (Modestly Overvalued). The stock has 9 warning signs investors should review.

Kinder Morgan's Other Operating Expense for the three months ended in Mar. 2026 was $818 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was $3,521 Mil.

Kinder Morgan's quarterly Other Operating Expense declined from Sep. 2025 ($896 Mil) to Dec. 2025 ($893 Mil) and declined from Dec. 2025 ($893 Mil) to Mar. 2026 ($818 Mil).

Kinder Morgan's annual Other Operating Expense increased from Dec. 2023 ($3,215 Mil) to Dec. 2024 ($3,313 Mil) and increased from Dec. 2024 ($3,313 Mil) to Dec. 2025 ($3,487 Mil).


Kinder Morgan Other Operating Expense Historical Data

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The historical data trend for Kinder Morgan's Other Operating Expense 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.

Kinder Morgan Other Operating Expense Chart

Kinder Morgan Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Other Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,787.00 3,057.00 3,215.00 3,313.00 3,487.00

Kinder Morgan Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Other Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 875.00 896.00 893.00 818.00 914.00
KMI
76GF Score
Kinder Morgan Inc KMI
Other Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Kinder Morgan Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,521 Mil.

* 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.

What does a Other Operating Expense of $3,521 Mil mean?
Kinder Morgan (KMI) has a Other Operating Expense of $3,521 Mil as of Mar. 2026. Other operating expenses that a company records on its income statement. View historical data on Kinder Morgan and its competitors.
Is Kinder Morgan's Other Operating Expense too high?
Kinder Morgan's current Other Operating Expense is $3,521 Mil. 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 Other Operating Expense compare to ET and EPD?
Kinder Morgan's Other Operating Expense of $3,521 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Operating Expense for an Oil & Gas company?
A good Other Operating Expense depends on the Oil & Gas industry context. However, Other Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Other Operating Expense mean?
A high Other Operating Expense can signal that a stock is expensive relative to its fundamentals. Other operating expenses that a company records on its income statement. View historical data on Kinder Morgan and its competitors. Kinder Morgan's current Other Operating Expense is $3,521 Mil. 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 Modestly Overvalued. The stock's GF Value™ is $28.91, compared to a current price of $32.86 — trading 13.7% above its estimated fair value. The current Other Operating Expense is $3,521 Mil. 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 Other Operating Expense calculated?
Other Operating Expense is calculated from a company's financial statements. For Kinder Morgan (KMI), the current Other Operating Expense is $3,521 Mil 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 (KMI) Overvalued in 2026?

Based on GuruFocus' analysis, Kinder Morgan stock appears to be overvalued. The current stock price of $32.86 is trading 13.7% above its estimated GF Value™ of $28.91. GuruFocus considers Kinder Morgan to be Modestly Overvalued.

Key valuation signals for KMI:

  • Other Operating Expense: $3,521 Mil
  • GF Value™: $28.91 vs. price of $32.86 (13.7% above fair value)
  • GF Score™: 76/100 with 9 warning signs

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 Business Description

Industry EnergyOil & Gas
Address 1001 Louisiana Street, Suite 1000, Houston, TX, USA, 77002
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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Other Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$32.86
Price
$28.91
GF Value