Kinder Morgan Inc (KMI)

Return on assets (ROA)

		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
Total assets	US$ in thousands	71,407,000	70,879,000	70,702,000	70,736,000	71,020,000	68,862,000	69,073,000	68,931,000	70,078,000	69,992,000	69,390,000	69,135,000	70,416,000	69,640,000	70,175,000	71,208,000	71,973,000	71,821,000	71,784,000	73,530,000
ROA		3.66%	3.58%	3.46%	3.47%	3.37%	3.58%	3.64%	3.71%	3.64%	3.59%	3.51%	1.51%	2.53%	2.52%	2.44%	2.58%	0.17%	0.17%	0.24%	1.81%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $2,613,000K ÷ $71,407,000K
= 3.66%

Kinder Morgan Inc's return on assets (ROA) has shown fluctuations over the periods provided in the data. The ROA was at its lowest in September 2020 at 0.17% and March 2020 at 1.81%. However, the ROA started to increase gradually and reached its peak in December 2024 at 3.66%. This indicates that the company has been able to improve its efficiency in generating profits from its assets over time. Overall, the increasing trend in ROA reflects positively on Kinder Morgan Inc's ability to utilize its assets effectively to generate earnings for its shareholders.