KMINEUTRAL

KMI EV/EBITDA Analysis

13.6x

Updated 537h ago·SEC filings & market data

Key Takeaway

EV/EBITDA compares a company’s enterprise value to its earnings before interest, taxes, depreciation, and amortization, showing how many years of cash earnings would cover its total value; KMI currently trades at 13.6x.

Sector Performance

50th percentile

KMI

13.6x

Sector Median

13.6x

Sector Avg

-30.9x

Prior Period

13.4x(Aug 2026)

↓ Declining

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Deep Analysis

That sits just above the sector median of 13.5x, placing KMI at the 50th percentile among peers, so the valuation is essentially in line with the typical company. The trend has been stable over the last eight quarters, with a year-over-year change of -0.6% and a quarter-over-quarter change of +1.1%. A level near the peer median combined with a flat trend suggests neither a clear discount nor a premium, meaning limited near-term upside from multiple expansion but also no obvious de-rating risk. For investors, this points to a balanced risk profile where valuation is not a primary driver of returns. This directly supports the overall NEUTRAL verdict, as the EV/EBITDA neither confirms an attractive entry point nor signals an overvaluation.

Frequently Asked Questions

What does the EV/EBITDA tell investors about KMI?

A valuation multiple preferred by analysts for capital-intensive or leveraged businesses. Useful for cross-sector comparisons where earnings can be distorted by debt.

How is the EV/EBITDA calculated?

EV/EBITDA is calculated as: Enterprise Value / EBITDA.

Who are KMI's closest peers by EV/EBITDA?

The closest peers by EV/EBITDA include: SMTC (76.6x), SHOP (80.2x), OKTA (83.5x), TEAM (101.4x), STEM (102.7x).

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Learn More About EV/EBITDA

EV/EBITDA Explained: The Valuation Metric Pro Investors Actually Use

Learn what EV/EBITDA is, why it beats P/E for capital-heavy companies, typical sector ranges, and key limitations every serious investor should know.

The Formula

Enterprise Value / EBITDA

Why It Matters

A valuation multiple preferred by analysts for capital-intensive or leveraged businesses. Useful for cross-sector comparisons where earnings can be distorted by debt.