Kinder Morgan, Inc. (KMI) vs Marathon Petroleum Corporation (MPC)

MPC leads on 11 of 17 compared metrics.

A side-by-side comparison of Kinder Morgan, Inc. and Marathon Petroleum Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 23, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — KMI vs MPC

growth of $100 · last 15y
KMI +11.8%MPC +1174.5%MPC compounded faster
Log scale — wide-divergence pair
101001k10kStart $10020142017202020232026$112$1,274
KMI MPC

KMI vs MPC: by the numbers

  • MPC is the larger company ($72.55B vs $72.40B market cap).
  • MPC trades at the lower earnings multiple (16.21 vs 21.84 P/E).
  • KMI converts more revenue to profit (18.92% vs 3.41% net margin).
  • MPC grew revenue faster over the past five years (14.07% vs 4.10% CAGR).
  • KMI pays the higher dividend yield (3.61% vs 1.57%).

Which is better, KMI or MPC?

Metric tally: KMI 6 · MPC 11

It depends on what you're optimizing for:

ValueMPC(lower P/E)
GrowthMPC(faster 5Y revenue CAGR)
IncomeKMI(higher dividend yield)
QualityMPC(higher ROIC)

Metrics side by side

Valuation

MetricKMIMPC
P/E ratio21.8416.21
Forward P/E21.6810.36
P/S ratio4.130.54
P/B ratio2.314.38
PEG ratio1.170.39
EV / EBITDA13.318.52
FCF yield5.37%7.78%

Profitability

MetricKMIMPC
Gross margin46.95%8.80%
Operating margin28.61%5.02%
Net margin18.92%3.41%
ROE10.58%27.65%
ROIC5.33%7.03%

Dividends

MetricKMIMPC
Dividend yield3.61%1.57%
Payout ratio85.77%29.46%

Growth (annualized)

MetricKMIMPC
Revenue CAGR (5Y)4.10%14.07%
EPS CAGR (5Y)96.49%22.12%
FCF CAGR (5Y)-0.53%30.60%
Total return CAGR (5Y)18.86%35.40%

Frequently asked

Which is better, KMI or MPC?
It depends on your goal. value: MPC (lower P/E); growth: MPC (faster 5Y revenue CAGR); income: KMI (higher dividend yield); quality: MPC (higher ROIC). Across all compared metrics, MPC leads 11 to 6.
Is KMI or MPC cheaper?
On trailing earnings, MPC is cheaper: KMI trades at a 21.84 P/E and MPC at 16.21.
Which has grown faster, KMI or MPC?
Over the past five years, MPC grew revenue faster — KMI at a 4.10% CAGR versus MPC at 14.07%.
Does KMI or MPC pay a bigger dividend?
KMI yields 3.61% and MPC yields 1.57% based on trailing dividends and the latest price.
Is KMI or MPC more profitable?
KMI runs the higher net margin — KMI at 18.92% versus MPC at 3.41%.
Which has been the better investment, KMI or MPC?
Over the past 10-year, MPC delivered the higher annualized total return — KMI at 11.09% versus MPC at 24.87%. 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 23, 2026.