Kinder Morgan Inc (KMI)

Net profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Net income (ttm)	US$ in thousands	2,613,000	2,540,000	2,447,000	2,458,000	2,391,000	2,467,000	2,511,000	2,560,000	2,548,000	2,515,000	2,434,000	1,042,000	1,784,000	1,754,000	1,714,000	1,834,000	119,000	122,000	173,000	1,328,000
Revenue (ttm)	US$ in thousands	15,100,000	15,151,000	15,359,000	15,288,000	15,334,000	15,875,000	17,145,000	18,795,000	19,200,000	19,046,000	17,693,000	15,692,000	16,610,000	15,300,000	14,395,000	13,805,000	11,700,000	11,937,000	12,232,000	12,886,000
Net profit margin		17.30%	16.76%	15.93%	16.08%	15.59%	15.54%	14.65%	13.62%	13.27%	13.20%	13.76%	6.64%	10.74%	11.46%	11.91%	13.29%	1.02%	1.02%	1.41%	10.31%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $2,613,000K ÷ $15,100,000K
= 17.30%

Kinder Morgan Inc's net profit margin has shown variability over the period from March 31, 2020, to December 31, 2024. The net profit margin started at 10.31% in March 2020, decreased to 1.41% by June 2020, and remained relatively low at around 1% for the following three quarters.

From March 2021 onwards, there was a significant improvement in the net profit margin, with a steady increase to 17.30% by December 2024. The most notable growth occurred between September 2024 and December 2024, where the net profit margin saw a substantial increase from 16.76% to 17.30%.

Overall, the trend indicates an upward trajectory in Kinder Morgan Inc's net profit margin, with some fluctuations, particularly in the earlier periods. The company's ability to improve its net profit margin over time suggests effective cost management and operational efficiency, leading to increased profitability.