Kinder Morgan's results for Q3 2026 (ended Sep 30, 2026) come from the company's own earnings release, filed with the SEC on 2026-10-21. Everything below is taken from that filing; quotes are copied exactly. Company outlooks are the company's own.
At a glance
| Item | Value |
|---|---|
| Revenue (GAAP) | $4,531 million (+9.3% vs a year earlier) |
| Diluted EPS (GAAP) | $0.34 |
| Adjusted per-share figure (company's non-GAAP measure; FFO/AFFO for REITs) | $0.35 |
| Full-year guidance | Stated (no change given) |
Guidance
Kinder Morgan expects 2026 Adjusted EBITDA more than 6% and Adjusted EPS more than 13% above its budget of $8.6 billion and $1.36.
Why this label: 'currently expects to be more than 6% favorable to budget' on Adjusted EBITDA and 13% on Adjusted EPS; no prior-quarter update figure or raise/maintain wording.
| Metric | Period | New | Prior (as stated in the release) |
|---|---|---|---|
| Adjusted EBITDA vs 2026 budget | FY2026 | more than 6% favorable to the $8.6 billion budget | budget: $8.6 billion (original 2026 budget; the most recent prior update is not stated) |
| Adjusted EPS vs 2026 budget | FY2026 | more than 13% favorable to the $1.36 budget | budget: $1.36 (original 2026 budget; the most recent prior update is not stated) |
| year-end Net Debt-to-Adjusted EBITDA | FY2026 | 3.6 times (0.2 times favorable to budget) | budget: 3.8 times |
From the release
Revenue: "Revenues · $ · 4,531 · $ · 4,146"
Earnings per share: "EPS of $0.34, up 21% versus the third quarter of 2025, and Adjusted EPS of $0.35, also up 21% versus the third quarter of 2025."
Adjusted EBITDA vs 2026 budget: "KMI currently expects to be more than 6% favorable to budget on an Adjusted EBITDA basis and more than 13% favorable to budget on an Adjusted EPS basis for the year."
Adjusted EPS vs 2026 budget: "For 2026, KMI budgeted net income attributable to KMI of $3.1 billion, Adjusted EPS of $1.36, declared dividends of $1.19 per share, Adjusted EBITDA of $8.6 billion, and year-end Net Debt-to-Adjusted EBITDA of 3.8 times."
year-end Net Debt-to-Adjusted EBITDA: "KMI also expects to end the year with a Net Debt-to-Adjusted EBITDA ratio of 3.6 times, which is 0.2 times favorable to KMI’s budget."
Quotes are copied from the filing; in table rows, cell borders are shown as “·”.
Key fact: Expansion project backlog rose $4.7 billion to $14.4 billion; EPS up 21%.
Source
Kinder Morgan earnings release (SEC filing), accession 0001506307-26-000130, filed 2026-10-21.
Part of the Q3 2026 Guidance Tracker. Educational only, not advice. Free weekly recap every Sunday: yieldterminalpro.com/newsletter.