Is KMI or OKE cheaper?

On trailing earnings, OKE is cheaper: KMI trades at a 21.64 P/E and OKE at 15.38.

Which has grown faster, KMI or OKE?

Over the past five years, OKE grew revenue faster — KMI at a 4.10% CAGR versus OKE at 29.16%.

Does KMI or OKE pay a bigger dividend?

KMI yields 3.64% and OKE yields 4.87% based on trailing dividends and the latest price.

Is KMI or OKE more profitable?

KMI runs the higher net margin — KMI at 18.92% versus OKE at 10.04%.

Which has been the better investment, KMI or OKE?

Over the past 10-year, OKE delivered the higher annualized total return — KMI at 11.22% versus OKE at 13.10%. Past performance doesn't predict future results.

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

OKE leads on 9 of 17 compared metrics.

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 June 23, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — KMI vs OKE

growth of $100 · last 15y

KMI +3.9%OKE +229.7%OKE compounded faster

KMI OKE

KMI vs OKE: by the numbers

•KMI is the larger company ($71.75B vs $54.37B market cap).
•OKE trades at the lower earnings multiple (15.38 vs 21.64 P/E).
•KMI converts more revenue to profit (18.92% vs 10.04% net margin).
•OKE grew revenue faster over the past five years (29.16% vs 4.10% CAGR).
•OKE pays the higher dividend yield (4.87% vs 3.64%).

Which is better, KMI or OKE?

Metric tally: KMI 8 · OKE 9

It depends on what you're optimizing for:

ValueOKE(lower P/E)

GrowthOKE(faster 5Y revenue CAGR)

IncomeOKE(higher dividend yield)

QualityOKE(higher ROIC)

Metrics side by side

Valuation

Metric	KMI	OKE
P/E ratio	21.64	15.38●
Forward P/E	21.49	13.90●
P/S ratio	4.09	1.55●
P/B ratio	2.29●	2.44
PEG ratio	1.17●	2.93
EV / EBITDA	13.23	11.21●
FCF yield	5.42%●	4.11%

Profitability

Metric	KMI	OKE
Gross margin	46.95%●	23.95%
Operating margin	28.61%●	20.26%
Net margin	18.92%●	10.04%
ROE	10.58%	15.80%●
ROIC	5.33%	8.62%●

Dividends

Metric	KMI	OKE
Dividend yield	3.64%	4.87%●
Payout ratio	85.77%	77.35%

Growth (annualized)

Metric	KMI	OKE
Revenue CAGR (5Y)	4.10%	29.16%●
EPS CAGR (5Y)	96.49%●	30.77%
FCF CAGR (5Y)	-0.53%	30.73%●
Total return CAGR (5Y)	18.50%●	15.48%

Frequently asked

Which is better, KMI or OKE?: It depends on your goal. value: OKE (lower P/E); growth: OKE (faster 5Y revenue CAGR); income: OKE (higher dividend yield); quality: OKE (higher ROIC). Across all compared metrics, OKE leads 9 to 8.
Is KMI or OKE cheaper?: On trailing earnings, OKE is cheaper: KMI trades at a 21.64 P/E and OKE at 15.38.
Which has grown faster, KMI or OKE?: Over the past five years, OKE grew revenue faster — KMI at a 4.10% CAGR versus OKE at 29.16%.
Does KMI or OKE pay a bigger dividend?: KMI yields 3.64% and OKE yields 4.87% based on trailing dividends and the latest price.
Is KMI or OKE more profitable?: KMI runs the higher net margin — KMI at 18.92% versus OKE at 10.04%.
Which has been the better investment, KMI or OKE?: Over the past 10-year, OKE delivered the higher annualized total return — KMI at 11.22% versus OKE at 13.10%. 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 Best 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 June 23, 2026.