Kinder Morgan Inc (KMI)

Gross profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Gross profit	US$ in thousands	9,841,000	9,448,000	8,968,000	7,513,000	6,555,000
Revenue	US$ in thousands	15,100,000	15,334,000	19,200,000	16,610,000	11,700,000
Gross profit margin		65.17%	61.61%	46.71%	45.23%	56.03%

December 31, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $9,841,000K ÷ $15,100,000K
= 65.17%

The gross profit margin of Kinder Morgan Inc has exhibited fluctuations over the years based on the provided data.

As of December 31, 2020, the gross profit margin stood at 56.03%, indicating that the company was able to efficiently control its production costs and generate a significant gross profit relative to its revenue.

However, the gross profit margin decreased to 45.23% by December 31, 2021, suggesting potential challenges in managing production costs or pricing strategies that impacted profitability.

The margin improved slightly to 46.71% by December 31, 2022, indicating some progress in cost management or pricing strategies, although it remained below the 2020 level.

By December 31, 2023, the gross profit margin significantly rebounded to 61.61%, signaling a notable improvement in the company's ability to generate gross profit compared to revenue.

The most recent data point, for December 31, 2024, shows a further increase in the gross profit margin to 65.17%, indicating continued efficiency in production cost management and revenue generation.

Overall, the trend in Kinder Morgan Inc's gross profit margin reflects fluctuations but also demonstrates the company's capacity to adapt and enhance its profitability over the years.