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).
Total return — KMI vs MPC
growth of $100 · last 15yKMI +11.8%MPC +1174.5%MPC compounded faster
Log scale — wide-divergence pair
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 11It 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
| Metric | KMI | MPC |
|---|---|---|
| P/E ratio | 21.84 | 16.21● |
| Forward P/E | 21.68 | 10.36● |
| P/S ratio | 4.13 | 0.54● |
| P/B ratio | 2.31● | 4.38 |
| PEG ratio | 1.17 | 0.39● |
| EV / EBITDA | 13.31 | 8.52● |
| FCF yield | 5.37% | 7.78%● |
Profitability
| Metric | KMI | MPC |
|---|---|---|
| Gross margin | 46.95%● | 8.80% |
| Operating margin | 28.61%● | 5.02% |
| Net margin | 18.92%● | 3.41% |
| ROE | 10.58% | 27.65%● |
| ROIC | 5.33% | 7.03%● |
Dividends
| Metric | KMI | MPC |
|---|---|---|
| Dividend yield | 3.61%● | 1.57% |
| Payout ratio | 85.77% | 29.46% |
Growth (annualized)
| Metric | KMI | MPC |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
Kinder Morgan P/E ratioMarathon Petroleum P/E ratioKinder Morgan dividend yieldMarathon Petroleum dividend yieldKinder Morgan ROEMarathon Petroleum ROEKinder Morgan operating marginMarathon Petroleum operating marginKinder Morgan revenue growthMarathon Petroleum revenue growthKinder Morgan free cash flowMarathon Petroleum free cash flow
Kinder Morgan & Marathon Petroleum 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 23, 2026.