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).

Compare

Total return — EPD vs KMI

growth of $100 · last 15y
EPD +69.3%KMI +4.1%EPD compounded faster
50100150200Start $10020142017202020232026$169$104
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 9

It 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

MetricEPDKMI
P/E ratio13.3721.84
Forward P/E11.2021.68
P/S ratio1.534.13
P/B ratio2.672.31
PEG ratio1.451.17
EV / EBITDA11.0813.31
FCF yield2.79%5.37%

Profitability

MetricEPDKMI
Gross margin14.18%46.95%
Operating margin13.86%28.61%
Net margin11.42%18.92%
ROE19.95%10.58%
ROIC10.29%5.33%

Dividends

MetricEPDKMI
Dividend yield6.07%3.61%
Payout ratio82.33%85.77%

Growth (annualized)

MetricEPDKMI
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.

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.