KMI Debt-to-Equity Ratio Analysis

The debt-to-equity ratio measures how much debt a company uses to finance its assets relative to shareholders’ equity—a 1.02x value means debt is roughly equal to equity, indicating moderate leverage.

Compared to sector peers, this is above the sector median of 0.74x, placing KMI at the 64th percentile, so it carries more debt than most peers but is not an outlier. The trend is not available: both the year-over-year change and quarter-over-quarter change are listed as N/A, so there is no direction to assess. With a level above the peer median but no trend data, the risk profile is moderately elevated yet unconfirmed by any recent trajectory. This neither signals a growing debt burden nor an improving balance sheet, leaving limited basis for either added risk or opportunity. The metric supports the overall NEUTRAL verdict, as the current leverage is above average but not extreme enough to contradict a balanced view.

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