Enterprise Products Partners L.P. (EPD) vs Kinder Morgan, Inc. (KMI)
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 October 3, 2026. Differences are shown without an overall score or investment verdict.
EPD
Enterprise Products Partners L.P.
$36.18EnergyDelayed quote: Oct 2, 2026, 4:00 PM EDT
KMI
Kinder Morgan, Inc.
$31.07EnergyDelayed quote: Oct 2, 2026, 4:00 PM EDT
Total return — EPD vs KMI
growth of $100 · dividends reinvested · last 10yEPD +167.8% (+10.4%/yr)KMI +127.8% (+8.6%/yr)EPD compounded faster over this window
EPD KMI
EPD vs KMI: by the numbers
- •EPD is the larger company ($78.28B vs $69.19B market cap).
- •EPD trades at the lower trailing earnings multiple (12.56 vs 19.92 P/E), one valuation lens rather than an overall verdict.
- •KMI converts more revenue to profit (19.31% vs 10.77% net margin).
- •EPD grew revenue faster over the past five years (12.42% vs 3.56% CAGR).
- •EPD pays the higher dividend yield (6.09% vs 3.80%).
Metrics side by side
Valuation
| Metric | EPD | KMI |
|---|---|---|
| P/E ratio | 12.56 | 19.92 |
| Forward P/E | 12.05 | 20.20 |
| PEG ratio | 1.36 | 0.21 |
| P/S ratio | 1.34 | 3.85 |
| P/B ratio | 2.59 | 2.19 |
| EV / EBITDA | 10.75 | 13.17 |
| FCF yield | 4.42% | 5.59% |
Profitability
| Metric | EPD | KMI |
|---|---|---|
| Gross margin | 13.25% | 43.66% |
| Operating margin | 12.97% | 29.04% |
| Net margin | 10.77% | 19.31% |
| ROE | 20.81% | 10.96% |
| ROIC | 11.34% | 5.72% |
Dividends
| Metric | EPD | KMI |
|---|---|---|
| Dividend yield | 6.09% | 3.80% |
| Payout ratio | 76.56% | 75.64% |
Growth (annualized)
| Metric | EPD | KMI |
|---|---|---|
| Revenue CAGR (5Y) | 12.42% | 3.56% |
| EPS CAGR (5Y) | 9.24% | 96.49% |
| FCF CAGR (5Y) | 2.63% | 2.53% |
| Total return CAGR (5Y) | 18.80% | 19.21% |
Frequently asked
- Which has the lower trailing P/E, EPD or KMI?
- EPD has the lower trailing P/E: EPD trades at 12.56 and KMI at 19.92. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, EPD or KMI?
- Over the past five years, EPD grew revenue faster — EPD at a 12.42% CAGR versus KMI at 3.56%.
- Does EPD or KMI pay a bigger dividend?
- EPD yields 6.09% and KMI yields 3.80% based on trailing dividends and the latest price.
- Is EPD or KMI more profitable?
- KMI runs the higher net margin — EPD at 10.77% versus KMI at 19.31%.
- How have EPD and KMI total returns compared?
- Over the past 10 years, EPD delivered 10.26% and KMI delivered 8.39% annualized total return. 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 October 3, 2026.