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.

Compare

Total returnKMI vs TRP

growth of $100 · dividends reinvested · last 10y
KMI +140.0% (+9.1%/yr)TRP +163.1% (+10.2%/yr)TRP compounded faster over this window
100200300Start $10020182020202220242026$240$263
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

MetricKMITRP
P/E ratio20.2225.90
Forward P/E20.7416.15
P/S ratio3.915.63
P/B ratio2.223.31
EV / EBITDA13.3014.68
FCF yield5.51%4.02%

Profitability

MetricKMITRP
Gross margin43.66%51.47%
Operating margin29.04%46.09%
Net margin19.31%22.46%
ROE10.96%13.19%
ROIC5.72%5.18%

Dividends

MetricKMITRP
Dividend yield3.74%3.99%
Payout ratio86.13%104.06%

Growth (annualized)

MetricKMITRP
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.

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.