KINDER MORGAN, INC. (KMI) Spending and interest coverage
- R&D / revenue · 12 months: Value (m); Formula and calculation Research and development expense / revenue. Period ending 2026-06-30..
- Stock-based compensation / revenue · 12 months: Value (m); Formula and calculation Share-based compensation / revenue. Period ending 2026-06-30..
- Interest coverage · 12 months: Value (m); Formula and calculation Estimated: average term debt × dated USD coupon proxy + average commercial paper × matching-currency disclosed rate at or before period end. Swaps, foreign-exchange, lease interest and amortization are not quantified..
Spending and interest coverage
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| R&D / revenue · 12 months | (m) | Research and development expense / revenue. Period ending 2026-06-30. Calculation unavailable: missing inputs remain (m). |
| Stock-based compensation / revenue · 12 months | (m) | Share-based compensation / revenue. Period ending 2026-06-30. Calculation unavailable: missing inputs remain (m). |
| Interest coverage · 12 months | (m) | Estimated: average term debt × dated USD coupon proxy + average commercial paper × matching-currency disclosed rate at or before period end. Swaps, foreign-exchange, lease interest and amortization are not quantified. Calculation unavailable: missing inputs remain (m). |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Research and development spending | (m) | |
| Revenue | 16.28B USD | Revenue from Contract with Customer, Excluding Assessed Tax |
| Stock-based compensation | (m) | Share-based Payment Arrangement, Noncash Expense |
| Operating income | 5.22B USD | Operating Income (Loss) |
| Interest expense · reported / estimated | (m) | Interest Expense · Estimated expense assumptions |
Latest interest expense basis: (m). Estimated values carry *; expand each history row’s basis for its dated balances and rate assumptions.
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Research and development spending (USD) | Revenue (USD) | Stock-based compensation (USD) | Operating income (USD) | Interest expense · reported / estimated (USD) | R&D / revenue | SBC / revenue | Interest coverage | Interest expense basis |
|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | (m) | $16.28B | (m) | $5.22B | (m) | (m) | (m) | (m) | (m) |
| 2026-03-31 | (m) | $15.79B | (m) | $5.02B | (m) | (m) | (m) | (m) | (m) |
| 2025-12-31 | (m) | $15.20B | (m) | $4.72B | (m) | (m) | (m) | (m) | (m) |
| 2025-09-30 | (m) | $14.76B | (m) | $4.47B | (m) | (m) | (m) | (m) | (m) |
| 2025-06-30 | (m) | $14.33B | (m) | $4.42B | (m) | (m) | (m) | (m) | (m) |
| 2025-03-31 | (m) | $13.94B | (m) | $4.31B | (m) | (m) | (m) | (m) | (m) |
| 2024-12-31 | (m) | $13.48B | (m) | $4.38B | (m) | (m) | (m) | (m) | (m) |
| 2024-09-30 | (m) | $13.48B | (m) | $4.38B | (m) | (m) | (m) | (m) | (m) |
| 2024-06-30 | (m) | $13.72B | (m) | $4.30B | (m) | (m) | (m) | (m) | (m) |
| 2024-03-31 | (m) | $13.61B | (m) | $4.29B | (m) | (m) | (m) | (m) | (m) |
| 2023-12-31 | (m) | $13.65B | (m) | $4.26B | (m) | (m) | (m) | (m) | (m) |
| 2023-09-30 | (m) | $14.24B | (m) | $4.27B | (m) | (m) | (m) | (m) | (m) |
| 2023-06-30 | (m) | $15.59B | (m) | $4.26B | (m) | (m) | (m) | (m) | (m) |
| 2023-03-31 | (m) | $17.48B | (m) | $4.24B | (m) | (m) | (m) | (m) | (m) |
| 2022-12-31 | (m) | $18.13B | (m) | $4.07B | (m) | (m) | (m) | (m) | (m) |
| 2022-09-30 | (m) | $18.11B | (m) | $3.91B | (m) | (m) | (m) | (m) | (m) |
| 2022-06-30 | (m) | $16.83B | (m) | $3.82B | (m) | (m) | (m) | (m) | (m) |
| 2022-03-31 | (m) | $14.75B | (m) | $2.05B | (m) | (m) | (m) | (m) | (m) |
| 2021-12-31 | (m) | $16.15B | (m) | $2.92B | (m) | (m) | (m) | (m) | (m) |
| 2021-09-30 | (m) | $14.76B | (m) | $2.95B | (m) | (m) | (m) | (m) | (m) |
| 2021-06-30 | (m) | $13.66B | (m) | $2.92B | (m) | (m) | (m) | (m) | (m) |
| 2021-03-31 | (m) | $12.91B | (m) | $3.40B | (m) | (m) | (m) | (m) | (m) |
| 2020-12-31 | (m) | $10.10B | (m) | $1.56B | (m) | (m) | (m) | (m) | (m) |
| 2020-09-30 | (m) | $10.34B | (m) | $2.51B | (m) | (m) | (m) | (m) | (m) |
| 2020-06-30 | (m) | $10.78B | (m) | $2.64B | (m) | (m) | (m) | (m) | (m) |
| 2020-03-31 | (m) | $11.59B | (m) | $3.90B | (m) | (m) | (m) | (m) | (m) |
| 2019-12-31 | (m) | $12.08B | (m) | $4.87B | (m) | (m) | (m) | (m) | (m) |
| 2019-09-30 | (m) | $12.49B | (m) | $4.00B | (m) | (m) | (m) | (m) | (m) |
| 2019-06-30 | (m) | $12.89B | (m) | $4.56B | (m) | (m) | (m) | (m) | (m) |
| 2019-03-31 | (m) | $13.24B | (m) | $3.86B | (m) | (m) | (m) | (m) | (m) |
| 2018-12-31 | (m) | $13.32B | (m) | $3.79B | (m) | (m) | (m) | (m) | (m) |
| 2018-09-30 | (m) | $13.56B | (m) | $3.56B | (m) | (m) | (m) | (m) | (m) |
| 2018-06-30 | (m) | $13.48B | (m) | $2.87B | (m) | (m) | (m) | (m) | (m) |
| 2018-03-31 | (m) | $13.70B | (m) | $3.52B | (m) | (m) | (m) | (m) | (m) |
| 2017-12-31 | (m) | $13.71B | (m) | $3.54B | (m) | (m) | (m) | (m) | (m) |
| 2017-09-30 | (m) | $13.46B | (m) | $3.67B | (m) | (m) | (m) | (m) | (m) |
| 2017-06-30 | (m) | $13.51B | (m) | $3.72B | (m) | (m) | (m) | (m) | (m) |
| 2017-03-31 | (m) | $13.29B | (m) | $3.74B | (m) | (m) | (m) | (m) | (m) |
| 2016-12-31 | (m) | $13.06B | (m) | $3.57B | (m) | (m) | (m) | (m) | (m) |
| 2016-09-30 | (m) | $13.30B | (m) | $2.39B | (m) | (m) | (m) | (m) | (m) |
| 2016-06-30 | (m) | $13.68B | (m) | $2.23B | (m) | (m) | (m) | (m) | (m) |
| 2016-03-31 | (m) | $14.00B | (m) | $2.19B | (m) | (m) | (m) | (m) | (m) |
| 2015-12-31 | (m) | $14.40B | (m) | $2.45B | (m) | (m) | (m) | (m) | (m) |
| 2015-09-30 | (m) | $14.72B | (m) | $3.65B | (m) | (m) | (m) | (m) | (m) |
| 2015-06-30 | (m) | $15.30B | (m) | $4.26B | (m) | (m) | (m) | (m) | (m) |
| 2015-03-31 | (m) | $15.78B | (m) | $4.38B | (m) | (m) | (m) | (m) | (m) |
| 2014-12-31 | (m) | $16.23B | $0.00 | $4.45B | $1.81B | (m) | 0.00% | 2.46× | Reported |
| 2014-09-30 | (m) | $16.15B | (m) | $4.65B | (m) | (m) | (m) | (m) | (m) |
| 2014-06-30 | (m) | $15.61B | (m) | $4.36B | (m) | (m) | (m) | (m) | (m) |
| 2014-03-31 | (m) | $15.06B | (m) | $4.12B | (m) | (m) | (m) | (m) | (m) |
| 2013-12-31 | (m) | $14.07B | $0.00 | $3.99B | $1.69B | (m) | 0.00% | 2.36× | Reported |
| 2013-09-30 | (m) | $13.28B | (m) | $3.79B | $1.68B | (m) | (m) | 2.26× | Reported |
| 2013-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2013-03-31 | (m) | $11.18B | (m) | $3.10B | $1.65B | (m) | (m) | 1.88× | Reported |
| 2012-12-31 | (m) | $9.97B | $87.00M | $2.59B | $1.43B | (m) | 0.87% | 1.82× | Reported |
| 2012-09-30 | (m) | $8.83B | (m) | $2.07B | $1.19B | (m) | (m) | 1.74× | Reported |
| 2012-06-30 | (m) | $8.08B | (m) | $1.60B | $836.30M | (m) | (m) | 1.91× | Reported |
| 2012-03-31 | (m) | $8.19B | (m) | $1.69B | $713.30M | (m) | (m) | 2.37× | Reported |
| 2011-12-31 | (m) | $8.26B | (m) | $1.54B | $703.30M | (m) | (m) | 2.19× | Reported |
| 2011-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2011-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2011-03-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2010-12-31 | (m) | $8.19B | (m) | $1.28B | $668.30M | (m) | (m) | 1.92× | Reported |
| 2010-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2010-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2009-12-31 | (m) | $7.19B | (m) | $1.41B | $599.10M | (m) | (m) | 2.35× | Reported |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.
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