Kinder Morgan Inc (KMI)

Operating profit margin

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Operating income (ttm) US$ in thousands 4,263,000 4,266,000 4,259,000 4,235,000 4,065,000 3,911,000 3,824,000 2,054,000 2,916,000 2,946,000 2,921,000 3,403,000 1,560,000 2,511,000 2,643,000 3,898,000 4,873,000 4,000,000 4,564,000 3,863,000
Revenue (ttm) US$ in thousands 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 13,209,000 13,638,000 13,941,000 14,155,000
Operating profit margin 27.80% 26.87% 24.84% 22.53% 21.17% 20.53% 21.61% 13.09% 17.56% 19.25% 20.29% 24.65% 13.33% 21.04% 21.61% 30.25% 36.89% 29.33% 32.74% 27.29%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $4,263,000K ÷ $15,334,000K
= 27.80%

Kinder Morgan Inc's operating profit margin has exhibited a generally upward trend over the past eight quarters, reflecting improved operational efficiency and profitability. The company's operating profit margin increased from 20.46% in Q3 2022 to 27.70% in Q4 2023, indicating a consistent growth in profitability. The sequential quarterly improvements suggest effective cost management and revenue growth strategies implemented by the company. Despite some fluctuations, the overall trend indicates favorable performance in converting revenue into operating profit. This positive trend in operating profit margin indicates that Kinder Morgan Inc has been able to effectively control costs and maximize operating efficiency, which is a favorable sign for investors and stakeholders.


Peer comparison

Dec 31, 2023


See also:

Kinder Morgan Inc Operating Profit Margin (Quarterly Data)