Kinder Morgan (KMI) Revenue — Quarter Ended Sep 30, 2024
Revenue for the quarter was up compared with the immediately preceding quarter. However, it declined when measured against the same quarter one year earlier.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for the quarter was up compared with the immediately preceding quarter. However, it declined when measured against the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.3B
Revenue reported for this quarter.
Quarter-over-quarter
+2.3%
Change from the immediately preceding quarter.
Year-over-year
-7.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$13.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2023 | $3.6B | -14.2% |
| Mar 31, 2024 | $3.4B | -1.0% |
| Jun 30, 2024 | $3.2B | +3.6% |
| Sep 30, 2024 | $3.3B | -7.0% |
Revenue performance
The reported revenue direction was positive relative to the prior quarter. The year-over-year comparison showed a contraction.
Quarterly comparison
Compared with the immediately preceding quarter, revenue increased. Compared with the same quarter one year earlier, revenue was lower.
What to watch
The recent quarter marks the first sequential increase after two prior quarter-over-quarter declines.