Kinder Morgan (MEX:KMI) Retained Earnings: MXN-177,784 Mil (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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MEX:KMI Kinder Morgan Inc MEX:KMI
67 GF Score
Price MXN575.00
GF Value MXN519.22
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Kinder Morgan Retained Earnings?

Kinder Morgan MEX:KMI 67 Retained Earnings is MXN-177,784 Mil as of Mar. 2026. GuruFocus rates MEX:KMI with a GF Score™ of 67/100 and a GF Value™ of MXN519.22 (Modestly Overvalued). The stock has 9 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kinder Morgan's retained earnings for the quarter that ended in Mar. 2026 was MXN-177,784 Mil.

Kinder Morgan's quarterly retained earnings increased from Sep. 2025 (MXN-193,036 Mil) to Dec. 2025 (MXN-183,316 Mil) and increased from Dec. 2025 (MXN-183,316 Mil) to Mar. 2026 (MXN-177,784 Mil).

Kinder Morgan's annual retained earnings declined from Dec. 2023 (MXN-181,438 Mil) to Dec. 2024 (MXN-221,759 Mil) but then increased from Dec. 2024 (MXN-221,759 Mil) to Dec. 2025 (MXN-183,316 Mil).


Kinder Morgan  (MEX:KMI) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Kinder Morgan Retained Earnings Historical Data

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The historical data trend for Kinder Morgan's Retained Earnings 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 Retained Earnings Chart

Kinder Morgan Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -217,345.83 -205,702.30 -181,437.74 -221,758.66 -183,316.03

Kinder Morgan Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Retained Earnings 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 -197,650.11 -193,036.02 -183,316.03 -177,784.39 0.00
MEX:KMI
67GF Score
Kinder Morgan Inc MEX:KMI
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Kinder Morgan Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of MXN-177,784 Mil mean?
Kinder Morgan (MEX:KMI) has a Retained Earnings of MXN-177,784 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Kinder Morgan and its competitors.
Is Kinder Morgan's Retained Earnings too high?
Kinder Morgan's current Retained Earnings is MXN-177,784 Mil. Overall, Kinder Morgan has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kinder Morgan's Retained Earnings compare to EPD and ET?
Kinder Morgan's Retained Earnings of MXN-177,784 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 Retained Earnings for an Oil & Gas company?
A good Retained Earnings depends on the Oil & Gas industry context. However, Retained Earnings 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 Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Kinder Morgan and its competitors. Kinder Morgan's current Retained Earnings is MXN-177,784 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 (MEX:KMI) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN519.22, compared to a current price of MXN575.00 — trading 10.7% above its estimated fair value. The current Retained Earnings is MXN-177,784 Mil. Kinder Morgan's overall GF Score™ is 67/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Kinder Morgan (MEX:KMI), the current Retained Earnings is MXN-177,784 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 (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 10.7% above its estimated GF Value™ of MXN519.22. GuruFocus considers Kinder Morgan to be Modestly Overvalued.

Key valuation signals for MEX:KMI:

  • Retained Earnings: MXN-177,784 Mil
  • GF Value™: MXN519.22 vs. price of MXN575.00 (10.7% above fair value)
  • GF Score™: 67/100 with 9 warning signs

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 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.
67GF Score

Get the complete analysis for MEX:KMI

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN575.00
Price
MXN519.22
GF Value