← Scroll for more →
Kinder Morgan, Inc. (KMI)
Natural Gas Transmission
Latest Price
$33.56
TTM P/E
20.72
Normalized P/E
27.20
TTM Div Yield
3.52%
Fwd Div Yield
3.52%
Book Value
14.19
P/B Ratio
2.37
Valuation metrics
adjust assumptions →EPS: $1.37
Book value / share: $14.01
Formula: √(22.5 × EPS × BVPS)
Graham Number
$20.78
38% downside
Norm. op. income: $4.3B (median of 7yr)
Tax rate: 21%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$0.73
98% downside
Base FCF: $3.3B (median of recent 5yr)
Growth: 5%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$12.16
64% downside
EPS: $1.37
Target P/E: 27×
Formula: EPS × P/E
P/E Fair Value
$36.99
+10% upside
Institutional Ownership
69.5% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 175.83M | $5.62B | 7.89% | +1.88M | 2026-06-30 |
| State Street Corp | 130.86M | $4.18B | 5.87% | +5.36M | 2026-06-30 |
| Vanguard Capital Management LLC | 125.59M | $4.01B | 5.64% | +636.8K | 2026-06-30 |
| Vanguard Portfolio Management LLC | 67.89M | $2.17B | 3.05% | +571.5K | 2026-06-30 |
| Bank of America Corp | 61.46M | $1.96B | 2.76% | -562.4K | 2026-06-30 |
| Geode Capital Management, LLC | 55.69M | $1.77B | 2.50% | +751.4K | 2026-06-30 |
| Norges Bank | 37.60M | $1.20B | 1.69% | -3.59M | 2026-06-30 |
| JPMorgan Chase & Co | 32.41M | $1.04B | 1.45% | +4.11M | 2026-06-30 |
| Morgan Stanley | 30.48M | $974.0M | 1.37% | +207.0K | 2026-06-30 |
| Sixth Street Partners Management Company, L.P. | 29.77M | $952.0M | 1.34% | -- | 2026-06-30 |