Kinder Morgan: Fool by Numbers

By Motley Fool Contributors | More Articles
October 20, 2006 | Comments (0)

On Oct. 18, Kinder Morgan (NYSE: KMI ) released Q3 earnings for the period ended Sept. 30, 2006.

Revenues and earnings per share beat analyst estimates.
Many of the large increases are due to the addition of Kinder Morgan Energy Partners in the consolidated results.
Net profit has increased by 32% to $144 million, thanks to rise in the revenues.
EPS rose by 16.5% to $1.06, on account of higher net profits.

(Figures in millions, except per-share data)

Income Statement Highlights

	*Avg. Est.*	Q3 2006	Q3 2005	Change
Sales	$816	$2,828	$247	1046.3%
Net Profit*	--	$144	$109	32.2%
EPS	$0.93	$1.06	$0.91	16.5%
Diluted Shares	--	135	124	9.2%

*Net Profit does not include income from discontinued operations.

Get back to basics with a look at the income statement.

Margin Checkup

	Q3 2006	Q3 2005	Change*
Gross Margin	39.59%	66.64%	(25.62)
Operating Margin	16.32%	33.56%	(17.24)
Net Margin	5.10%	44.22%	(39.12)

*Expressed in percentage points

Margins are the earnings engine. See how they work.

Balance Sheet Highlights

Assets	Q3 2006	Q3 2005	Change
Cash + ST Invest.	$110	$11	903.1%
Current Assets Less Cash	$2366	$584	305.1%

Liabilities	Q3 2006	Q3 2005	Change
Current Liabilities	$4165	$680	512.7%
Long-Term Debt	$11,372	$2,849	299.2%

Learn the ways of the balance sheet.

Cash Flow Highlights*

	YTD 2006	YTD 2005	Change
Cash From Ops.	$1153	$201	473%
Sustaining Capital Expenditures	$125	$61	104.9%
Adjusted Free Cash Flow	$1028	$140	634.3%

*Compay data from bottom of press release

Find out why Fools always follow the money.

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Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean. This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.

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