Enterprise Products Partners L.P. (EPD) vs Kinder Morgan, Inc. (KMI)
KMI leads on 9 of 17 compared metrics, though EPD is the cheaper stock.
A side-by-side comparison of Enterprise Products Partners L.P. and Kinder Morgan, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 24, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — EPD vs KMI
growth of $100 · last 15yEPD +69.3%KMI +4.1%EPD compounded faster
EPD KMI
EPD vs KMI: by the numbers
- •EPD is the larger company ($78.08B vs $71.90B market cap).
- •EPD trades at the lower earnings multiple (13.37 vs 21.84 P/E).
- •KMI converts more revenue to profit (18.92% vs 11.42% net margin).
- •EPD grew revenue faster over the past five years (12.30% vs 4.10% CAGR).
- •EPD pays the higher dividend yield (6.07% vs 3.61%).
Which is better, EPD or KMI?
Metric tally: EPD 8 · KMI 9It depends on what you're optimizing for:
ValueEPD(lower P/E)
GrowthEPD(faster 5Y revenue CAGR)
IncomeEPD(higher dividend yield)
QualityEPD(higher ROIC)
Metrics side by side
Valuation
| Metric | EPD | KMI |
|---|---|---|
| P/E ratio | 13.37● | 21.84 |
| Forward P/E | 11.20● | 21.68 |
| P/S ratio | 1.53● | 4.13 |
| P/B ratio | 2.67 | 2.31● |
| PEG ratio | 1.45 | 1.17● |
| EV / EBITDA | 11.08● | 13.31 |
| FCF yield | 2.79% | 5.37%● |
Profitability
| Metric | EPD | KMI |
|---|---|---|
| Gross margin | 14.18% | 46.95%● |
| Operating margin | 13.86% | 28.61%● |
| Net margin | 11.42% | 18.92%● |
| ROE | 19.95%● | 10.58% |
| ROIC | 10.29%● | 5.33% |
Dividends
| Metric | EPD | KMI |
|---|---|---|
| Dividend yield | 6.07%● | 3.61% |
| Payout ratio | 82.33% | 85.77% |
Growth (annualized)
| Metric | EPD | KMI |
|---|---|---|
| Revenue CAGR (5Y) | 12.30%● | 4.10% |
| EPS CAGR (5Y) | 9.24% | 96.49%● |
| FCF CAGR (5Y) | -6.23% | -0.53%● |
| Total return CAGR (5Y) | 16.47% | 18.49%● |
Frequently asked
- Which is better, EPD or KMI?
- It depends on your goal. value: EPD (lower P/E); growth: EPD (faster 5Y revenue CAGR); income: EPD (higher dividend yield); quality: EPD (higher ROIC). Across all compared metrics, KMI leads 9 to 8.
- Is EPD or KMI cheaper?
- On trailing earnings, EPD is cheaper: EPD trades at a 13.37 P/E and KMI at 21.84.
- Which has grown faster, EPD or KMI?
- Over the past five years, EPD grew revenue faster — EPD at a 12.30% CAGR versus KMI at 4.10%.
- Does EPD or KMI pay a bigger dividend?
- EPD yields 6.07% and KMI yields 3.61% based on trailing dividends and the latest price.
- Is EPD or KMI more profitable?
- KMI runs the higher net margin — EPD at 11.42% versus KMI at 18.92%.
- Which has been the better investment, EPD or KMI?
- Over the past 10-year, KMI delivered the higher annualized total return — EPD at 9.90% versus KMI at 11.56%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Enterprise Products Partners L.P. P/E ratioKinder Morgan P/E ratioEnterprise Products Partners L.P. dividend yieldKinder Morgan dividend yieldEnterprise Products Partners L.P. ROEKinder Morgan ROEEnterprise Products Partners L.P. operating marginKinder Morgan operating marginEnterprise Products Partners L.P. revenue growthKinder Morgan revenue growthEnterprise Products Partners L.P. free cash flowKinder Morgan free cash flow
Enterprise Products Partners L.P. & Kinder Morgan appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 24, 2026.