Kinder Morgan (KMI) vs TC Energy (TRP)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Kinder Morgan (KMI) has outperformed TC Energy (TRP) over the past year, gaining 14.6% versus a gain of 7.8%. Over five years, KMI leads with a +74.7% price change compared with +9.8% for TRP. Kinder Morgan is the larger company by market cap ($71.81 billion vs $62.49 billion), about 1.1 times the size.
On valuation, Kinder Morgan trades at a lower forward P/E (20.9x vs 21.8x for TC Energy). TC Energy offers the higher dividend yield (5.76% vs 3.66%).
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 | KMI | TRP |
|---|---|---|
| Share price | $32.25 | $59.98 |
| Market cap | $71.81B | $62.49B |
| 1-day change | +1.35% | +1.76% |
| YTD return | +17.32% | +7.14% |
| 1-year return | +14.61% | +7.85% |
| 5-year return | +74.70% | +9.80% |
| P/E ratio (TTM) | 20.81 | 23.61 |
| Forward P/E | 20.88 | 21.82 |
| EPS (TTM) | $1.55 | $2.54 |
| Dividend yield | 3.66% | 5.76% |
| Annual dividend | $1.18 | $3.46 |
| Revenue (latest FY) | $16.94B | — |
| Revenue growth (YoY) | +12.17% | — |
| Net income (latest FY) | $3.06B | — |
| Gross margin | 67.36% | — |
| Operating margin | 27.89% | — |
| Net margin | 18.04% | — |
| 52-week high | $34.81 | $71.47 |
| 52-week low | $25.60 | $49.27 |
| Distance from 52-week high | -7.35% | -16.08% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +11.91% | +11.09% |
| Average volume | 11.25M | 2.68M |
| Shares outstanding | 2.23B | 1.04B |
| Employees | 11,028 | 6,574 |
| 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
- TC Energy offers a meaningfully higher dividend yield (5.76% vs 3.66%).
- The two companies sit in different sectors: Kinder Morgan in Energy and TC Energy in Utilities.
About Kinder Morgan
KMI stock →Kinder Morgan, Inc. operates as an energy infrastructure company primarily in North America.
Energy · Oil & Gas Midstream · 11,028 employees
About TC Energy
TRP stock →TC Energy Corporation operates as an energy infrastructure company in Canada, the United States, and Mexico. It operates through four segments: Canadian Natural Gas Pipelines; U.S.
Utilities · Natural Gas Distribution · 6,574 employees
KMI vs TRP FAQ
Which is bigger, Kinder Morgan or TC Energy?
Kinder Morgan (KMI) is larger, with a market capitalization of $71.81B compared with $62.49B for TC Energy (TRP).
Which stock has performed better over the past year, KMI or TRP?
KMI returned +14.61% over the past 12 months, compared with +7.85% for TRP (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, KMI or TRP?
KMI has the lower trailing P/E at 20.8, versus 23.6 for TRP. 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, Kinder Morgan or TC Energy?
TC Energy has the higher yield at 5.76%, compared with 3.66% for Kinder Morgan.
Are Kinder Morgan and TC Energy in the same industry?
No. Kinder Morgan is in the Energy sector, while TC Energy is in Utilities.