• Kinder Morgan average return on tangible equity for 2023 was 24.26, a 14.98% increase from 2022.
• Kinder Morgan average return on tangible equity for 2022 was 21.1, a 16.38% increase from 2021.
• Kinder Morgan average return on tangible equity for 2021 was 18.13, a 311.11% increase from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.