The company reported revenues of $4.51 billion for the fourth quarter, compared to $3.99 billion in the corresponding period last year. The top line surpassed Wall Street’s estimates. Adjusted EBITDA was $2.27 billion in Q4, up 10% from the fourth quarter of 2024.
Adjusted earnings rose $0.39 per share in Q4 from $0.32 per share in the year-ago quarter, beating estimates. Net income attributable to shareholders, on a reported basis, was $996 million or $0.45 per share in the fourth quarter, compared to $667 million or $0.30 per share in Q4 2024.
“Led by record-setting performance in our Natural Gas Pipelines business segment, the company delivered its highest ever fourth quarter and full-year net income attributable to KMI and Adjusted EBITDA. For the full year, net income attributable to KMI was 17% higher than 2024 while Adjusted EPS and Adjusted EBITDA were 13% and 6% higher than 2024, respectively,” said Kinder Morgan’s CEO, Kim Dang.