Kinder Morgan (FRA:2KD) Asset Turnover: 0.07 (As of Mar. 2026)


FRA:2KD Kinder Morgan Inc FRA:2KD
76 GF Score
Price €28.15
GF Value €25.06
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Kinder Morgan Asset Turnover?

Kinder Morgan FRA:2KD -2.86% 76 Asset Turnover is 0.07 as of Mar. 2026. GuruFocus rates FRA:2KD with a GF Score™ of 76/100 and a GF Value™ of €25.06 (Modestly Overvalued). The stock has 9 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Kinder Morgan's Revenue for the three months ended in Mar. 2026 was €4,176 Mil. Kinder Morgan's Total Assets for the quarter that ended in Mar. 2026 was €62,667 Mil. Therefore, Kinder Morgan's Asset Turnover for the quarter that ended in Mar. 2026 was 0.07.

Asset Turnover is linked to ROE % through Du Pont Formula. Kinder Morgan's annualized ROE % for the quarter that ended in Mar. 2026 was 12.58%. It is also linked to ROA % through Du Pont Formula. Kinder Morgan's annualized ROA % for the quarter that ended in Mar. 2026 was 5.39%.


Kinder Morgan  (FRA:2KD) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Kinder Morgan's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=3376.96/26852.939
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3376.96 / 16704.88)*(16704.88 / 62667.036)*(62667.036/ 26852.939)
=Net Margin %*Asset Turnover*Equity Multiplier
=20.22 %*0.2666*2.3337
=ROA %*Equity Multiplier
=5.39 %*2.3337
=12.58 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Kinder Morgan's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=3376.96/62667.036
=(Net Income / Revenue)*(Revenue / Total Assets)
=(3376.96 / 16704.88)*(16704.88 / 62667.036)
=Net Margin %*Asset Turnover
=20.22 %*0.2666
=5.39 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Kinder Morgan Asset Turnover Related Terms


Kinder Morgan Asset Turnover Historical Data

* Premium members only.

The historical data trend for Kinder Morgan's Asset Turnover 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 Asset Turnover Chart

Kinder Morgan Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.28 0.21 0.22 0.22

Kinder Morgan Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Asset Turnover 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 0.06 0.05 0.06 0.06 0.07

FRA:2KD vs EPD, ET, TRGP: Asset Turnover Comparison

For the Oil & Gas Midstream subindustry, Kinder Morgan's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Asset Turnover vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Kinder Morgan's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Kinder Morgan's Asset Turnover falls into.


FRA:2KD
76GF Score
Kinder Morgan Inc FRA:2KD
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Kinder Morgan Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Kinder Morgan's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=14464.198/( (68193.685+62126.792)/ 2 )
=14464.198/65160.2385
=0.22

Kinder Morgan's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=4176.22/( (62126.792+63207.28)/ 2 )
=4176.22/62667.036
=0.07

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.07 mean?
Kinder Morgan (FRA:2KD) has a Asset Turnover of 0.07 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Kinder Morgan and its competitors.
Is Kinder Morgan's Asset Turnover too high?
Kinder Morgan's current Asset Turnover is 0.07. 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 Asset Turnover compare to EPD and ET?
Kinder Morgan's Asset Turnover of 0.07 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 Asset Turnover for an Oil & Gas company?
A good Asset Turnover depends on the Oil & Gas industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Kinder Morgan and its competitors. Kinder Morgan's current Asset Turnover is 0.07. 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 €25.06, compared to a current price of €28.15 — trading 12.3% above its estimated fair value. The current Asset Turnover is 0.07. 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 Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Kinder Morgan (FRA:2KD), the current Asset Turnover is 0.07 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 €28.15 is trading 12.3% above its estimated GF Value™ of €25.06. GuruFocus considers Kinder Morgan to be Modestly Overvalued.

Key valuation signals for FRA:2KD:

  • Asset Turnover: 0.07
  • GF Value™: €25.06 vs. price of €28.15 (12.3% above fair value)
  • GF Score™: 76/100 with 9 warning signs

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 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 FRA:2KD

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

€28.15
Price
€25.06
GF Value