Kinder Morgan Inc (KMI)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 4,384,000 | 4,263,000 | 4,065,000 | 2,916,000 | 1,560,000 |
| Total assets | US$ in thousands | 71,407,000 | 71,020,000 | 70,078,000 | 70,416,000 | 71,973,000 |
| Operating ROA | 6.14% | 6.00% | 5.80% | 4.14% | 2.17% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $4,384,000K ÷ $71,407,000K
= 6.14%
Kinder Morgan Inc's operating return on assets (Operating ROA) has shown a positive trend over the years, reflecting improving operational efficiency and profitability. The Operating ROA has increased from 2.17% on December 31, 2020, to 6.14% on December 31, 2024. This indicates that the company is generating more operating income relative to its assets, which is a positive sign of effective asset utilization and management. The consistent upward trajectory of the Operating ROA suggests that Kinder Morgan Inc is becoming more efficient in generating profits from its assets over time. This improvement in operating performance may help enhance shareholder value and strengthen the overall financial health of the company.
Peer comparison
Dec 31, 2024