Kinder Morgan forward PE KMI

Share price divided by analysts' consensus earnings for the next twelve months, since 2011.

Today, Oct 23, 2026: 23.3×
10-year median: 18.7×
Against its 10-year history: 84th; percentile: 0 is its lowest day, 100 its highest
10-year range: 12.6× to 35.3×
Peer median: 14.7×

Kinder Morgan's forward PE is 23.3× as of Oct 23, 2026.

That is above its ten-year median of 18.7×, higher than on 84% of days in the last ten years.

Over that time it ranged from 12.6× in Nov 2020 to 35.3× in Feb 2017.

The median for 10 oil and gas pipeline stocks of a similar size is 14.7×.

Forward PE over time

median 18.7×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	23.3×	19.4×	24.0×
2025	19.4×	18.5×	24.0×
2024	21.5×	13.8×	22.6×
2023	15.2×	14.1×	17.2×
2022	16.5×	13.9×	17.4×
2021	14.4×	14.1×	19.7×
2020	15.0×	12.6×	25.7×
2019	23.8×	16.5×	23.8×
2018	15.5×	15.5×	26.7×
2017	24.8×	23.3×	35.3×
2016	30.5×	18.3×	35.0×
2015	21.0×	21.0×	54.1×
2014	41.5×	21.2×	41.5×
2013	25.3×	23.1×	28.4×
2012	25.8×	24.1×	34.1×
2011	28.7×	20.4×	28.7×

Against its peers

Companies in Oil & Gas Midstream nearest Kinder Morgan's size, closest first, today.

Company	Forward PE
KMIKinder Morgan	23.3×
EPDEnterprise Products Partners	12.2×
ETEnergy Transfer	12.3×
WMBWilliams Companies	29.5×
TRGPTarga Resources	26.6×
LNGCheniere Energy	16.6×
OKEONEOK	16.1×
MPLXMPLX Lp	12.9×
VGVenture Global	8.2×
CQPCheniere Energy Partners	14.7×
WESWestern Midstream Partners	n/m
Peer median	14.7×

Where Kinder Morgan ranks

What the forward PE tells you

Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.

Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.

More on Kinder Morgan

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.