Kinder Morgan Inc (KMI)

Return on equity (ROE)

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
Net income (ttm) US$ in thousands 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 2,190,000 2,074,000 2,300,000 1,641,000
Total stockholders’ equity US$ in thousands 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 33,742,000 33,633,000 33,638,000 33,612,000
ROE 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% 6.49% 6.17% 6.84% 4.88%

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $2,391,000K ÷ $30,306,000K
= 7.89%

To analyze Kinder Morgan Inc's return on equity (ROE) over the provided time period, we can observe a fluctuating trend. ROE measures the profitability of a company by indicating how efficiently it generates profits from its shareholders' equity.

In Q1 2022, Kinder Morgan Inc reported an ROE of 3.37%, which experienced a sharp increase to 7.94% in Q2 2022, indicating improved profitability. Subsequently, the ROE continued to rise, reaching 8.14% in Q3 2022 and 8.25% in Q4 2022.

Moving into 2023, the trend remained relatively stable, with ROE figures hovering around the 8% mark. Specifically, in Q1 2023, the ROE was 8.28%, slightly dropping to 8.17% in Q2 2023, and further decreasing to 8.10% in Q3 2023. In the most recent quarter, Q4 2023, the ROE stood at 7.84%.

Overall, Kinder Morgan Inc's ROE trend suggests a general improvement in profitability from the beginning of 2022, with fluctuations in the following quarters of 2023 without any significant downward trends. It is important to monitor ROE consistently to assess the company's ability to generate profits from shareholders' equity effectively.


Peer comparison

Dec 31, 2023


See also:

Kinder Morgan Inc Return on Equity (ROE) (Quarterly Data)