Kinder Morgan, Inc. (KMI) vs TC Energy Corporation (TRP)
A side-by-side comparison of Kinder Morgan, Inc. and TC Energy Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 28, 2026. Differences are shown without an overall score or investment verdict.
KMI
Kinder Morgan, Inc.
$31.56EnergyDelayed quote: Aug 28, 2026, 4:00 PM EDT
TRP
TC Energy Corporation
$61.86EnergyDelayed quote: Aug 28, 2026, 4:00 PM EDT
Total return — KMI vs TRP
growth of $100 · dividends reinvested · last 10yKMI +140.0% (+9.1%/yr)TRP +163.1% (+10.2%/yr)TRP compounded faster over this window
KMI TRP
KMI vs TRP: by the numbers
- •KMI is the larger company ($70.28B vs $64.40B market cap).
- •KMI trades at the lower trailing earnings multiple (20.22 vs 25.90 P/E), one valuation lens rather than an overall verdict.
- •TRP converts more revenue to profit (22.46% vs 19.31% net margin).
- •KMI grew revenue faster over the past five years (3.56% vs 2.32% CAGR).
- •TRP pays the higher dividend yield (3.99% vs 3.74%).
Metrics side by side
Valuation
| Metric | KMI | TRP |
|---|---|---|
| P/E ratio | 20.22 | 25.90 |
| Forward P/E | 20.74 | 16.15 |
| P/S ratio | 3.91 | 5.63 |
| P/B ratio | 2.22 | 3.31 |
| EV / EBITDA | 13.30 | 14.68 |
| FCF yield | 5.51% | 4.02% |
Profitability
| Metric | KMI | TRP |
|---|---|---|
| Gross margin | 43.66% | 51.47% |
| Operating margin | 29.04% | 46.09% |
| Net margin | 19.31% | 22.46% |
| ROE | 10.96% | 13.19% |
| ROIC | 5.72% | 5.18% |
Dividends
| Metric | KMI | TRP |
|---|---|---|
| Dividend yield | 3.74% | 3.99% |
| Payout ratio | 86.13% | 104.06% |
Growth (annualized)
| Metric | KMI | TRP |
|---|---|---|
| Revenue CAGR (5Y) | 3.56% | 2.32% |
| EPS CAGR (5Y) | 96.49% | -8.54% |
| FCF CAGR (5Y) | 2.53% | 69.19% |
| Total return CAGR (5Y) | 20.04% | 14.41% |
Frequently asked
- Which has the lower trailing P/E, KMI or TRP?
- KMI has the lower trailing P/E: KMI trades at 20.22 and TRP at 25.90. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, KMI or TRP?
- Over the past five years, KMI grew revenue faster — KMI at a 3.56% CAGR versus TRP at 2.32%.
- Does KMI or TRP pay a bigger dividend?
- KMI yields 3.74% and TRP yields 3.99% based on trailing dividends and the latest price.
- Is KMI or TRP more profitable?
- TRP runs the higher net margin — KMI at 19.31% versus TRP at 22.46%.
- How have KMI and TRP total returns compared?
- Over the past 10 years, KMI delivered 9.37% and TRP delivered 10.26% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Kinder Morgan P/E ratioTC Energy P/E ratioKinder Morgan dividend yieldTC Energy dividend yieldKinder Morgan ROETC Energy ROEKinder Morgan operating marginTC Energy operating marginKinder Morgan revenue growthTC Energy revenue growthKinder Morgan free cash flowTC Energy free cash flow
Kinder Morgan & TC Energy 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 August 28, 2026.