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

OKE has the lower trailing P/E: KMI trades at 20.56 and OKE at 16.55. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, KMI or OKE?

Over the past five years, OKE grew revenue faster — KMI at a 3.56% CAGR versus OKE at 27.55%.

Does KMI or OKE pay a bigger dividend?

KMI yields 3.68% and OKE yields 4.42% based on trailing dividends and the latest price.

Is KMI or OKE more profitable?

KMI runs the higher net margin — KMI at 19.31% versus OKE at 9.29%.

How have KMI and OKE total returns compared?

Over the past 10 years, KMI delivered 9.15% and OKE delivered 13.51% annualized total return. Past performance doesn't predict future results.

Kinder Morgan, Inc. (KMI) vs ONEOK, Inc. (OKE)

A side-by-side comparison of Kinder Morgan, Inc. and ONEOK, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 20, 2026. Differences are shown without an overall score or investment verdict.

KMI

Kinder Morgan, Inc.

$71.44B

$32.08EnergyAt close: Aug 19, 2026, 4:00 PM ET

OKE

ONEOK, Inc.

$60.50B

$96.01EnergyAt close: Aug 19, 2026, 4:00 PM ET

Total return — KMI vs OKE

growth of $100 · dividends reinvested · last 10y

KMI +145.2% (+9.4%/yr)OKE +274.5% (+14.1%/yr)OKE compounded faster over this window

KMI OKE

KMI vs OKE: by the numbers

•KMI is the larger company ($71.44B vs $60.50B market cap).
•OKE trades at the lower trailing earnings multiple (16.55 vs 20.56 P/E), one valuation lens rather than an overall verdict.
•KMI converts more revenue to profit (19.31% vs 9.29% net margin).
•OKE grew revenue faster over the past five years (27.55% vs 3.56% CAGR).
•OKE pays the higher dividend yield (4.42% vs 3.68%).

Metrics side by side

Valuation

Metric	KMI	OKE
P/E ratio	20.56	16.55
Forward P/E	21.17	16.79
P/S ratio	3.97	1.54
P/B ratio	2.26	2.65
EV / EBITDA	13.45	10.62
FCF yield	5.42%	4.79%

Profitability

Metric	KMI	OKE
Gross margin	43.66%	21.83%
Operating margin	29.04%	18.48%
Net margin	19.31%	9.29%
ROE	10.96%	15.95%
ROIC	5.72%	8.77%

Dividends

Metric	KMI	OKE
Dividend yield	3.68%	4.42%
Payout ratio	86.13%	78.08%

Growth (annualized)

Metric	KMI	OKE
Revenue CAGR (5Y)	3.56%	27.55%
EPS CAGR (5Y)	96.49%	30.77%
FCF CAGR (5Y)	2.53%	18.10%
Total return CAGR (5Y)	21.49%	20.67%

Frequently asked

Which has the lower trailing P/E, KMI or OKE?: OKE has the lower trailing P/E: KMI trades at 20.56 and OKE at 16.55. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, KMI or OKE?: Over the past five years, OKE grew revenue faster — KMI at a 3.56% CAGR versus OKE at 27.55%.
Does KMI or OKE pay a bigger dividend?: KMI yields 3.68% and OKE yields 4.42% based on trailing dividends and the latest price.
Is KMI or OKE more profitable?: KMI runs the higher net margin — KMI at 19.31% versus OKE at 9.29%.
How have KMI and OKE total returns compared?: Over the past 10 years, KMI delivered 9.15% and OKE delivered 13.51% annualized total return. Past performance doesn't predict future results.

Go deeper

Full KMI analysis Full OKE analysis Interactive comparison tool

Dig into the metrics

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

Kinder Morgan & ONEOK appear in these rankings

Highest Dividend Yield Stocks Fastest Revenue Growth Stocks Highest FCF Yield Stocks Highest 10-Year Total Return 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 20, 2026.