KMI (Kinder Morgan) Tax Rate %: 22.28% (As of Mar. 2026)

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KMI Kinder Morgan Inc KMI
76 GF Score
Price $31.96
GF Value $28.91
Valuation Fairly Valued
! 9 Warning Signs
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What is Kinder Morgan Tax Rate %?

Kinder Morgan KMI -2.75% 76 Tax Rate % is 22.28% as of Mar. 2026. GuruFocus rates KMI with a GF Score™ of 76/100 and a GF Value™ of $28.91 (Fairly Valued). The stock has 9 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Kinder Morgan's Tax Expense for the three months ended in Mar. 2026 was $287 Mil. Kinder Morgan's Pre-Tax Income for the three months ended in Mar. 2026 was $1,288 Mil. Therefore, Kinder Morgan's Tax Rate % for the quarter that ended in Mar. 2026 was 22.28%.

Kinder Morgan Tax Rate % Related Terms

Kinder Morgan Tax Rate % Historical Data

* Premium members only.

The historical data trend for Kinder Morgan's Tax Rate % 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 Tax Rate % Chart

Kinder Morgan Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.63 21.29 22.34 20.16 20.84

Kinder Morgan Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Tax Rate % 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 19.26 22.05 21.76 22.28 23.33
KMI
76GF Score
Kinder Morgan Inc KMI
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Kinder Morgan Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Kinder Morgan's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=832/3992
=20.84 %

Kinder Morgan's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=287/1288
=22.28 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 22.28% mean?
Kinder Morgan (KMI) has a Tax Rate % of 22.28% as of Mar. 2026.
Is Kinder Morgan's Tax Rate % too high?
Kinder Morgan's current Tax Rate % is 22.28%. Overall, Kinder Morgan has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kinder Morgan's Tax Rate % compare to ET and EPD?
Kinder Morgan's Tax Rate % of 22.28% 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 Tax Rate % for an Oil & Gas company?
A good Tax Rate % depends on the Oil & Gas industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Kinder Morgan's current Tax Rate % is 22.28%. 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 $28.91, compared to a current price of $31.96 — trading 10.5% above its estimated fair value. The current Tax Rate % is 22.28%. 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 Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Kinder Morgan (KMI), the current Tax Rate % is 22.28% 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 $31.96 is trading 10.5% above its estimated GF Value™ of $28.91. GuruFocus considers Kinder Morgan to be Fairly Valued.

Key valuation signals for KMI:

  • Tax Rate %: 22.28%
  • GF Value™: $28.91 vs. price of $31.96 (10.5% 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

Get the complete analysis for KMI

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

$31.96
Price
$28.91
GF Value