Enterprise Products Partners L.P. (EPD) vs Kinder Morgan (KMI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Enterprise Products Partners L.P. (EPD) has outperformed Kinder Morgan (KMI) over the past year, gaining 16.4% versus a gain of 13.6%. Over five years, KMI leads with a +72.4% price change compared with +52.2% for EPD. Enterprise Products Partners L.P. is the larger company by market cap ($79.71 billion vs $70.86 billion), about 1.1 times the size, while Kinder Morgan is growing revenue faster (+12.2% vs -6.4%).
On valuation, Enterprise Products Partners L.P. trades at a lower forward P/E (11.6x vs 20.6x for Kinder Morgan). Enterprise Products Partners L.P. offers the higher dividend yield (5.97% vs 3.71%). Kinder Morgan converts more of its revenue into profit, with a net margin of 18.0% versus 11.0%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | EPD | KMI |
|---|---|---|
| Share price | $36.91 | $31.82 |
| Market cap | $79.71B | $70.86B |
| 1-day change | -0.94% | -1.06% |
| YTD return | +15.13% | +15.75% |
| 1-year return | +16.40% | +13.60% |
| 5-year return | +52.21% | +72.37% |
| P/E ratio (TTM) | 12.95 | 20.80 |
| Forward P/E | 11.60 | 20.60 |
| EPS (TTM) | $2.85 | $1.53 |
| Dividend yield | 5.97% | 3.71% |
| Annual dividend | $2.21 | $1.18 |
| Revenue (latest FY) | $52.60B | $16.94B |
| Revenue growth (YoY) | -6.44% | +12.17% |
| Net income (latest FY) | $5.81B | $3.06B |
| Gross margin | 26.68% | 67.36% |
| Operating margin | 13.81% | 27.89% |
| Net margin | 11.05% | 18.04% |
| 52-week high | $40.17 | $34.81 |
| 52-week low | $30.01 | $25.60 |
| Distance from 52-week high | -8.12% | -8.59% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +12.11% | +13.42% |
| Average volume | 3.04M | 11.16M |
| Shares outstanding | 2.16B | 2.23B |
| Employees | — | 11,028 |
| Sector | Energy | Utilities |
| Industry | Oil & Gas Midstream | Natural Gas Distribution |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Kinder Morgan trades at a higher earnings multiple (20.8x vs 13.0x trailing P/E).
- Enterprise Products Partners L.P. offers a meaningfully higher dividend yield (5.97% vs 3.71%).
- Kinder Morgan is more profitable, keeping 18.0 cents of every revenue dollar as net income versus 11.0 cents for Enterprise Products Partners L.P..
- Kinder Morgan grew revenue faster in its latest fiscal year (+12.17% vs -6.44%).
- The two companies sit in different sectors: Enterprise Products Partners L.P. in Energy and Kinder Morgan in Utilities.
About Enterprise Products Partners L.P.
EPD stock →Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products.
Energy · Oil & Gas Midstream
About Kinder Morgan
KMI stock →Kinder Morgan, Inc. operates as an energy infrastructure company primarily in North America.
Utilities · Natural Gas Distribution · 11,028 employees
EPD vs KMI FAQ
Which is bigger, Enterprise Products Partners L.P. or Kinder Morgan?
Enterprise Products Partners L.P. (EPD) is larger, with a market capitalization of $79.71B compared with $70.86B for Kinder Morgan (KMI).
Which stock has performed better over the past year, EPD or KMI?
EPD returned +16.40% over the past 12 months, compared with +13.60% for KMI (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, EPD or KMI?
EPD has the lower trailing P/E at 13.0, versus 20.8 for KMI. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Enterprise Products Partners L.P. or Kinder Morgan?
Enterprise Products Partners L.P. has the higher yield at 5.97%, compared with 3.71% for Kinder Morgan.
Are Enterprise Products Partners L.P. and Kinder Morgan in the same industry?
No. Enterprise Products Partners L.P. is in the Energy sector, while Kinder Morgan is in Utilities.