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 | ||
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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