AI English summary of an SEC filing — figures as filed

The company said KMI net income attributable to KMI was $715 million in Q2 2025, up 24% from $575 million in Q2 2024, and that Adjusted EBITDA rose 6% to $1,972 million.

8-KResults of Operations and Financial ConditionFiled Jul 16, 2025Period of report Jul 16, 2025Summary published (UTC) Oct 9, 2026

Key points

AI summary

The company said KMI net income attributable to KMI was $715 million in Q2 2025, up 24% from $575 million in Q2 2024, and that Adjusted EBITDA rose 6% to $1,972 million.
Kinder Morgan said Adjusted Net Income Attributable to KMI rose 13% to $619 million in Q2, and that total Certain Items, including a change in fair value of derivative contracts of $(95) million, came to $(96) million.
The company said it generated cash flow from operations of $1.6 billion and free cash flow (FCF) after capital expenditures of $1.0 billion in Q2, and that its Net Debt-to-Adjusted EBITDA ratio was 4.0 times at the end of the quarter.
The company said its project backlog stood at $9.3 billion at the end of Q2 2025, net of approximately $750 million in projects placed in service, and that this was up 6% from $8.8 billion at the end of Q1.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

KMI net income attributable to KMI of $715 million, Adjusted EBITDA of $1,972 million for Q2

The company said KMI net income attributable to KMI was $715 million in Q2 2025, up 24% from $575 million in Q2 2024, and that Adjusted EBITDA rose 6% to $1,972 million.

Source · Based on the filing body and exhibits

Adjusted Net Income $619 million and Certain Items Breakdown

Kinder Morgan said Adjusted Net Income Attributable to KMI rose 13% to $619 million in Q2, and that total Certain Items, including a change in fair value of derivative contracts of $(95) million, came to $(96) million.

Source · Based on the filing body and exhibits

Q2 Operating Cash Flow $1.6 billion, Free Cash Flow $1.0 billion

The company said it generated cash flow from operations of $1.6 billion and free cash flow (FCF) after capital expenditures of $1.0 billion in Q2, and that its Net Debt-to-Adjusted EBITDA ratio was 4.0 times at the end of the quarter.

Source · Based on the filing body and exhibits

Project Backlog at End of Q2 $9.3 billion

The company said its project backlog stood at $9.3 billion at the end of Q2 2025, net of approximately $750 million in projects placed in service, and that this was up 6% from $8.8 billion at the end of Q1.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

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