# SIC 4922 - Natural Gas Transmission

Informational only - not investment advice.

Division: [Transportation, Communications, Electric, Gas, And Sanitary Services](/division/E/). Major group: [Electric, Gas, And Sanitary Services](/major-group/49/). As of: 2026-02-24

## Companies
- [KMI](/company/KMI/): KINDER MORGAN, INC.
- [TRGP](/company/TRGP/): Targa Resources Corp.
- [WMB](/company/WMB/): WILLIAMS COMPANIES, INC.

## Macro Context
- [INDPRO](/indicator/INDPRO/): Industrial Production: Total Index
- [TCU](/indicator/TCU/): Capacity Utilization: Total Index
- [DGS10](/indicator/DGS10/): Market Yield on U.S. Treasury Securities at 10-Year Constant Maturity
- [FEDFUNDS](/indicator/FEDFUNDS/): Federal Funds Effective Rate

## Sector financials

Peer figures are build-time aggregates of the SEC companyfacts financials already shown on member company pages. As of latest member filing date: 2026-02-24.

| Companies with data | Companies with revenue | Aggregate revenue | Median revenue | Median net margin | Median operating margin | Median revenue growth | Median diluted EPS |
| ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| 3 | 3 | 45,915,300,000 | 16,937,000,000 | 18.04% | 27.89% | 12.17% | 2.14 |

### Peer Table

| Company | Latest revenue | Revenue FY | Net margin | Operating margin | Revenue growth | Diluted EPS |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| [TRGP](/company/TRGP/) - Targa Resources Corp. | 17,028,300,000 | 2025 | 11.29% | 19.56% | 3.95% | 8.49 |
| [KMI](/company/KMI/) - KINDER MORGAN, INC. | 16,937,000,000 | 2025 | 18.04% | 27.89% | 12.17% | 1.37 |
| [WMB](/company/WMB/) - WILLIAMS COMPANIES, INC. | 11,950,000,000 | 2025 | 21.91% | 35.11% | 13.78% | 2.14 |

## Sources
Macro data:
- [INDPRO](https://fred.stlouisfed.org/series/INDPRO): FRED series INDPRO, source: Board of Governors of the Federal Reserve System
- [TCU](https://fred.stlouisfed.org/series/TCU): FRED series TCU, source: Board of Governors of the Federal Reserve System
- [DGS10](https://fred.stlouisfed.org/series/DGS10): FRED series DGS10, source: Board of Governors / U.S. Treasury market data
- [FEDFUNDS](https://fred.stlouisfed.org/series/FEDFUNDS): FRED series FEDFUNDS, source: Board of Governors of the Federal Reserve System

SEC data:
- [KMI SEC company page](https://www.sec.gov/edgar/browse/?CIK=1506307); [latest 10-K 0001506307-26-000011](https://www.sec.gov/Archives/edgar/data/1506307/000150630726000011/kmi-20251231.htm)
- [TRGP SEC company page](https://www.sec.gov/edgar/browse/?CIK=1389170); [latest 10-K 0001193125-26-059296](https://www.sec.gov/Archives/edgar/data/1389170/000119312526059296/trgp-20251231.htm)
- [WMB SEC company page](https://www.sec.gov/edgar/browse/?CIK=107263); [latest 10-K 0000107263-26-000006](https://www.sec.gov/Archives/edgar/data/107263/000010726326000006/wmb-20251231.htm)