Is KMI or VLO cheaper?

On trailing earnings, VLO is cheaper: KMI trades at a 21.64 P/E and VLO at 17.16.

Which has grown faster, KMI or VLO?

Over the past five years, VLO grew revenue faster — KMI at a 4.10% CAGR versus VLO at 14.68%.

Does KMI or VLO pay a bigger dividend?

KMI yields 3.64% and VLO yields 1.97% based on trailing dividends and the latest price.

Is KMI or VLO more profitable?

KMI runs the higher net margin — KMI at 18.92% versus VLO at 3.33%.

Which has been the better investment, KMI or VLO?

Over the past 10-year, VLO delivered the higher annualized total return — KMI at 11.22% versus VLO at 21.16%. Past performance doesn't predict future results.

Kinder Morgan, Inc. (KMI) vs Valero Energy Corporation (VLO)

VLO leads on 10 of 17 compared metrics.

A side-by-side comparison of Kinder Morgan, Inc. and Valero Energy Corporation 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).

Valero Energy Corporation

$72.04B

$236.30Energy

Total return — KMI vs VLO

growth of $100 · last 15y

KMI +3.9%VLO +845.2%VLO compounded faster

Log scale — wide-divergence pair

KMI VLO

KMI vs VLO: by the numbers

•VLO is the larger company ($72.04B vs $71.75B market cap).
•VLO trades at the lower earnings multiple (17.16 vs 21.64 P/E).
•KMI converts more revenue to profit (18.92% vs 3.33% net margin).
•VLO grew revenue faster over the past five years (14.68% vs 4.10% CAGR).
•KMI pays the higher dividend yield (3.64% vs 1.97%).

Which is better, KMI or VLO?

Metric tally: KMI 7 · VLO 10

It depends on what you're optimizing for:

ValueVLO(lower P/E)

GrowthVLO(faster 5Y revenue CAGR)

IncomeKMI(higher dividend yield)

QualityVLO(higher ROIC)

Metrics side by side

Valuation

Metric	KMI	VLO
P/E ratio	21.64	17.16●
Forward P/E	21.49	11.27●
P/S ratio	4.09	0.56●
P/B ratio	2.29●	2.95
PEG ratio	1.17●	3.91
EV / EBITDA	13.23	8.36●
FCF yield	5.42%	8.42%●

Profitability

Metric	KMI	VLO
Gross margin	46.95%●	7.24%
Operating margin	28.61%●	4.61%
Net margin	18.92%●	3.33%
ROE	10.58%	17.62%●
ROIC	5.33%	7.12%●

Dividends

Metric	KMI	VLO
Dividend yield	3.64%●	1.97%
Payout ratio	85.77%	61.56%

Growth (annualized)

Metric	KMI	VLO
Revenue CAGR (5Y)	4.10%	14.68%●
EPS CAGR (5Y)	96.49%●	4.39%
FCF CAGR (5Y)	-0.53%	67.44%●
Total return CAGR (5Y)	18.50%	28.80%●

Frequently asked

Which is better, KMI or VLO?: It depends on your goal. value: VLO (lower P/E); growth: VLO (faster 5Y revenue CAGR); income: KMI (higher dividend yield); quality: VLO (higher ROIC). Across all compared metrics, VLO leads 10 to 7.
Is KMI or VLO cheaper?: On trailing earnings, VLO is cheaper: KMI trades at a 21.64 P/E and VLO at 17.16.
Which has grown faster, KMI or VLO?: Over the past five years, VLO grew revenue faster — KMI at a 4.10% CAGR versus VLO at 14.68%.
Does KMI or VLO pay a bigger dividend?: KMI yields 3.64% and VLO yields 1.97% based on trailing dividends and the latest price.
Is KMI or VLO more profitable?: KMI runs the higher net margin — KMI at 18.92% versus VLO at 3.33%.
Which has been the better investment, KMI or VLO?: Over the past 10-year, VLO delivered the higher annualized total return — KMI at 11.22% versus VLO at 21.16%. Past performance doesn't predict future results.

Go deeper

Full KMI analysis Full VLO analysis Interactive comparison tool

Dig into the metrics

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

Kinder Morgan & Valero Energy appear in these rankings

Highest Dividend Yield 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.