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

PSX has the lower trailing P/E: KMI trades at 20.05 and PSX at 11.71. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, KMI or PSX?

Over the past five years, PSX grew revenue faster — KMI at a 3.56% CAGR versus PSX at 13.56%.

Does KMI or PSX pay a bigger dividend?

KMI yields 3.76% and PSX yields 2.40% based on trailing dividends and the latest price.

Is KMI or PSX more profitable?

KMI runs the higher net margin — KMI at 19.31% versus PSX at 4.62%.

How have KMI and PSX total returns compared?

Over the past 10 years, KMI delivered 9.86% and PSX delivered 14.34% annualized total return. Past performance doesn't predict future results.

Kinder Morgan, Inc. (KMI) vs Phillips 66 (PSX)

A side-by-side comparison of Kinder Morgan, Inc. and Phillips 66 across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 7, 2026. Differences are shown without an overall score or investment verdict.

KMI

Kinder Morgan, Inc.

$68.70B

$30.85EnergyDelayed quote: Aug 7, 2026, 4:00 PM EDT

PSX

Phillips 66

$81.75B

$203.91EnergyDelayed quote: Aug 7, 2026, 4:00 PM EDT

Total return — KMI vs PSX

growth of $100 · dividends reinvested · last 14y

KMI +65.6%PSX +870.6%PSX compounded faster

Log scale — wide-divergence pair

KMI PSX

KMI vs PSX: by the numbers

•PSX is the larger company ($81.75B vs $68.70B market cap).
•PSX trades at the lower trailing earnings multiple (11.71 vs 20.05 P/E), one valuation lens rather than an overall verdict.
•KMI converts more revenue to profit (19.31% vs 4.62% net margin).
•PSX grew revenue faster over the past five years (13.56% vs 3.56% CAGR).
•KMI pays the higher dividend yield (3.76% vs 2.40%).

Metrics side by side

Valuation

Metric	KMI	PSX
P/E ratio	20.05	11.71
Forward P/E	20.64	9.13
P/S ratio	3.88	0.54
P/B ratio	2.20	2.63
PEG ratio	1.17	0.10
EV / EBITDA	13.22	7.60
FCF yield	5.56%	9.31%

Profitability

Metric	KMI	PSX
Gross margin	43.66%	9.78%
Operating margin	29.04%	6.67%
Net margin	19.31%	4.62%
ROE	10.96%	22.51%
ROIC	5.33%	4.75%

Dividends

Metric	KMI	PSX
Dividend yield	3.76%	2.40%
Payout ratio	85.77%	45.57%

Growth (annualized)

Metric	KMI	PSX
Revenue CAGR (5Y)	3.56%	13.56%
EPS CAGR (5Y)	96.49%	8.08%
FCF CAGR (5Y)	2.53%	41.15%
Total return CAGR (5Y)	19.09%	27.43%

Frequently asked

Which has the lower trailing P/E, KMI or PSX?: PSX has the lower trailing P/E: KMI trades at 20.05 and PSX at 11.71. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, KMI or PSX?: Over the past five years, PSX grew revenue faster — KMI at a 3.56% CAGR versus PSX at 13.56%.
Does KMI or PSX pay a bigger dividend?: KMI yields 3.76% and PSX yields 2.40% based on trailing dividends and the latest price.
Is KMI or PSX more profitable?: KMI runs the higher net margin — KMI at 19.31% versus PSX at 4.62%.
How have KMI and PSX total returns compared?: Over the past 10 years, KMI delivered 9.86% and PSX delivered 14.34% annualized total return. Past performance doesn't predict future results.

Go deeper

Full KMI analysis Full PSX analysis Interactive comparison tool

Dig into the metrics

Kinder Morgan P/E ratio Phillips 66 P/E ratio Kinder Morgan dividend yield Phillips 66 dividend yield Kinder Morgan ROE Phillips 66 ROE Kinder Morgan operating margin Phillips 66 operating margin Kinder Morgan revenue growth Phillips 66 revenue growth Kinder Morgan free cash flow Phillips 66 free cash flow

Kinder Morgan & Phillips 66 appear in these rankings

Highest Dividend Yield Stocks Highest FCF Yield Stocks Highest 10-Year Total Return 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 7, 2026.