Kinder Morgan Inc (KMI)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 30,531,000 | 30,406,000 | 30,338,000 | 30,372,000 | 30,306,000 | 30,258,000 | 30,569,000 | 30,757,000 | 30,742,000 | 30,756,000 | 30,545,000 | 30,618,000 | 30,823,000 | 30,552,000 | 30,711,000 | 32,187,000 | 31,436,000 | 31,559,000 | 31,753,000 | 33,106,000 |
| ROE | 8.56% | 8.35% | 8.07% | 8.09% | 7.89% | 8.15% | 8.21% | 8.32% | 8.29% | 8.18% | 7.97% | 3.40% | 5.79% | 5.74% | 5.58% | 5.70% | 0.38% | 0.39% | 0.54% | 4.01% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $2,613,000K ÷ $30,531,000K
= 8.56%
Kinder Morgan Inc's return on equity (ROE) has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The ROE started at a relatively low level of 4.01% in March 2020, which decreased further to 0.54% by June 2020. From September 2020 to March 2021, there was a slight improvement in ROE, reaching 5.70%.
Subsequently, the ROE continued to show an upward trend, fluctuating between 5.58% and 8.56% from June 2021 to December 2024. The highest ROE was recorded at 8.56% in December 2024.
Overall, Kinder Morgan Inc's ROE has demonstrated an improving trend, with occasional fluctuations, indicating the company's ability to generate profit from shareholders' equity. The consistent increase in ROE over the years reflects positively on the company's financial performance and efficiency in utilizing shareholder investments to generate earnings.
Peer comparison
Dec 31, 2024