Kinder Morgan Inc (KMI)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 2,613,000 | 2,391,000 | 2,548,000 | 1,784,000 | 119,000 |
| Revenue | US$ in thousands | 15,100,000 | 15,334,000 | 19,200,000 | 16,610,000 | 11,700,000 |
| Net profit margin | 17.30% | 15.59% | 13.27% | 10.74% | 1.02% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $2,613,000K ÷ $15,100,000K
= 17.30%
Based on the data provided, Kinder Morgan Inc's net profit margin has shown a positive trend over the years, increasing from 1.02% on December 31, 2020, to 17.30% on December 31, 2024. This indicates that the company has become more efficient in translating its revenue into profit over time.
The significant improvement in the net profit margin from 2020 to 2024 suggests that Kinder Morgan Inc has managed its costs effectively, increased operational efficiency, or experienced growth in revenue outpacing the growth in expenses.
A rising net profit margin is generally considered favorable as it reflects a company's ability to generate more profit from each dollar of revenue. It indicates the company's profitability and financial health, which can be crucial for attracting investors and sustaining business operations.
Overall, the trend in Kinder Morgan Inc's net profit margin indicates a positive trajectory and improved financial performance over the years, showcasing the company's ability to effectively control costs and generate profits.
Peer comparison
Dec 31, 2024