Financial Statements

Kinder Morgan, Inc. (KMI)

$16.21

-0.01 (-0.06%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands , Years are calendar years not fiscal years

Retained Earning Schedule

Year 2023 2021 2020 2019 2018
Retained Earnings (Previous Year) --9,936-7,693-7,716-
Net Income 6701,7841192,1901,609
Stock Dividends -5,58782797-7,551
Dividend Paid -2,504-2,525-2,441-2,174-1,774
Retained Earnings -7,421-10,595-9,936-7,693-7,716

PPE Schedule

Year 2023 2021 2020 2019 2018
Gross PPE -35,83636,41937,897-
Annual Depreciation 35,7471,0981,12479240,821
Capital Expenditure -148-1,281-1,707-2,270-2,924
Net PPE 35,59935,65335,83636,41937,897

Intangible and Goodwill Schedule

Year 2023 2021 2020 2019 2018
Intangible and Goodwill (Previous Year) -21,96521,45119,851-
New Purchases -433-1,299-386-38-
Intangible and Goodwill 21,96521,45119,85119,91419,965

Kinder Morgan, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Kinder Morgan, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.