Kinder Morgan (KMI) Q1 2025 10-Q Quarterly Report

Filed: Apr 18, 2025Period ending Mar 31, 2025
Utilities
Natural Gas TransmissionSEC EDGAR

Kinder Morgan (KMI) 10-Q quarterly report for Q1 2025, filed with SEC EDGAR on Apr 18, 2025 for the fiscal period ending Mar 31, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

Kinder Morgan Q1 2025 10-Q Analysis

Management Discussion & Analysis

  • No quarterly revenue or YoY change data disclosed in provided text
  • No profitability or margin figures provided
  • No segment or product line performance data available
  • No details on cash position, operating cash flow, or capital deployment
  • No management commentary on near-term outlook, guidance, or headwinds

Risk Factors

  • Newly added risk: U.S. tariffs on steel imports (25% since March 12, 2025) and 10% on product imports (April 2, 2025) increasing construction and maintenance costs
  • Most material update: Tariffs causing financial market volatility and uncertainty impacting capital costs and availability, restricting growth opportunities
  • Regulatory risk: Potential retaliatory trade measures and rapidly changing U.S. trade policies with limited advance notice increasing compliance complexity
  • Market risk: Decreased demand risk from economic uncertainty, inflation, and reduced consumer confidence linked to tariff-induced market conditions
  • Financial risk: Increased cost of capital and limited access to external financing due to market disruptions and adverse tariff impacts on cash flows

Kinder Morgan Q1 2025 Quarterly Financials
XBRL

Revenue

$3.9B

+13.3% YoY

Net Income

$717M

-3.9% YoY

Operating Margin

29.6%

-622bp YoY

Net Margin

18.6%

-331bp YoY

EPS (Diluted)

$0.32

-3.0% YoY

Operating Cash Flow

$1.2B

-2.3% YoY

Source: XBRL data from Kinder Morgan Q1 2025 10-Q filing on SEC EDGAR. All figures in USD.

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