Which has the lower trailing P/E, ET or KMI?

ET has the lower trailing P/E: ET trades at 12.43 and KMI at 19.78. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, ET or KMI?

Over the past five years, ET grew revenue faster — ET at a 14.94% CAGR versus KMI at 3.56%.

Does ET or KMI pay a bigger dividend?

ET yields 6.63% and KMI yields 3.81% based on trailing dividends and the latest price.

Is ET or KMI more profitable?

KMI runs the higher net margin — ET at 5.99% versus KMI at 19.31%.

How have ET and KMI total returns compared?

Over the past 10 years, ET delivered 10.81% and KMI delivered 9.71% annualized total return. Past performance doesn't predict future results.

Energy Transfer LP (ET) vs Kinder Morgan, Inc. (KMI)

A side-by-side comparison of Energy Transfer LP and Kinder Morgan, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 8, 2026. Differences are shown without an overall score or investment verdict.

Energy Transfer LP

$69.27B

$20.13EnergyAt close: Aug 7, 2026, 4:00 PM ET

KMI

Kinder Morgan, Inc.

$68.70B

$30.85EnergyAt close: Aug 7, 2026, 4:00 PM ET

Total return — ET vs KMI

growth of $100 · dividends reinvested · last 15y

ET +532.0%KMI +108.3%ET compounded faster

ET KMI

ET vs KMI: by the numbers

•ET is the larger company ($69.27B vs $68.70B market cap).
•ET trades at the lower trailing earnings multiple (12.43 vs 19.78 P/E), one valuation lens rather than an overall verdict.
•KMI converts more revenue to profit (19.31% vs 5.99% net margin).
•ET grew revenue faster over the past five years (14.94% vs 3.56% CAGR).
•ET pays the higher dividend yield (6.63% vs 3.81%).

Metrics side by side

Valuation

Metric	ET	KMI
P/E ratio	12.43	19.78
Forward P/E	12.88	20.35
P/S ratio	0.67	3.82
P/B ratio	1.38	2.17
PEG ratio	2.23	1.17
EV / EBITDA	9.18	13.10
FCF yield	5.25%	5.63%

Profitability

Metric	ET	KMI
Gross margin	24.11%	43.66%
Operating margin	10.60%	29.04%
Net margin	5.99%	19.31%
ROE	12.39%	10.96%
ROIC	7.17%	5.33%

Dividends

Metric	ET	KMI
Dividend yield	6.63%	3.81%
Payout ratio	98.16%	85.77%

Growth (annualized)

Metric	ET	KMI
Revenue CAGR (5Y)	14.94%	3.56%
EPS CAGR (5Y)	0.25%	96.49%
FCF CAGR (5Y)	11.51%	2.53%
Total return CAGR (5Y)	26.39%	18.75%

Frequently asked

Which has the lower trailing P/E, ET or KMI?: ET has the lower trailing P/E: ET trades at 12.43 and KMI at 19.78. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, ET or KMI?: Over the past five years, ET grew revenue faster — ET at a 14.94% CAGR versus KMI at 3.56%.
Does ET or KMI pay a bigger dividend?: ET yields 6.63% and KMI yields 3.81% based on trailing dividends and the latest price.
Is ET or KMI more profitable?: KMI runs the higher net margin — ET at 5.99% versus KMI at 19.31%.
How have ET and KMI total returns compared?: Over the past 10 years, ET delivered 10.81% and KMI delivered 9.71% annualized total return. Past performance doesn't predict future results.

Go deeper

Full ET analysis Full KMI analysis Interactive comparison tool

Dig into the metrics

Energy Transfer LP P/E ratio Kinder Morgan P/E ratio Energy Transfer LP dividend yield Kinder Morgan dividend yield Energy Transfer LP ROE Kinder Morgan ROE Energy Transfer LP operating margin Kinder Morgan operating margin Energy Transfer LP revenue growth Kinder Morgan revenue growth Energy Transfer LP free cash flow Kinder Morgan free cash flow

Energy Transfer LP & Kinder Morgan appear in these rankings

Highest Dividend Yield Stocks Highest FCF Yield Stocks Lowest P/E Ratio Stocks

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 August 8, 2026.