EPD vs KMI vs PLUG Stock Comparison

Enterprise Products Partners, Kinder Morgan and Plug Power Prices as of Oct 27, 2026 Peers: Industry group
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KMI Kinder Morgan, Inc.
$33.87 +10.2% 1M +29.5% 1Y
Market cap
$75.45B
P/E
20.9x
Revenue (TTM)
$18.34B
Div. yield
3.50%
Oil and Gas Pipelines Energy
4 wins
PLUG Plug Power Inc
$1.40 -29.3% 1M -52.7% 1Y
Market cap
$1.96B
P/E
–
Revenue (TTM)
$744.09M
Div. yield
–
Hydrogen Energy
1 win

Head to Head

12 decided of 12

Enterprise Products Partners leads on 7 of the 12 questions below (Enterprise Products Partners 7, Kinder Morgan 4, Plug Power 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionEPDKMIPLUGLeader
Larger companyMarket capitalisation $80.29B $75.45B $1.96B EPD
Cheaper on earningsLower P/E, profitable companies only 12.8x 20.9x -1.2x EPD
Cheaper on forward earningsLower price / next fiscal year consensus EPS 13.0x 20.8x — EPD
Faster revenue growthRevenue growth, trailing twelve months +6.8% +11.7% +10.6% KMI
More profitableNet margin, trailing twelve months 10.8% 19.6% -220.6% KMI
Better return on capitalReturn on invested capital 12.2% 6.3% -188.4% EPD
Less leveragedLower net debt / EBITDA 3.2x 4.1x 0.1x PLUG
Higher dividend yieldTrailing dividend yield 5.93% 3.50% — EPD
Better 1-year returnPrice return, last 12 months +19.3% +29.5% -52.7% KMI
Better 5-year returnAnnualised price return, 5 years +10.0%/yr +14.3%/yr -48.1%/yr KMI
Less volatileAnnualised volatility, 1 year 18.5% 21.2% 78.1% EPD
Higher overall scoreMean of the five percentile scores vs peers 51/100 45/100 23/100 EPD

Percentile Scorecard

EPDKMIPLUG

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisEPDKMIPLUG
Valuation 71 #11 of 35 35 #23 of 35 0 #11 of 11
Growth 24 #26 of 34 67 #12 of 34 70 #4 of 11
Profitability 49 #18 of 34 52 #17 of 34 0 #9 of 9
Financial Health 68 #12 of 35 47 #19 of 35 20 #9 of 11
Shareholder Returns 43 #18 of 31 23 #24 of 31 –
Overall 51 45 23
  • EPD ranked among 35 companies in Oil and Gas Midstream
  • KMI ranked among 35 companies in Oil and Gas Midstream
  • PLUG ranked among 11 companies in Renewable Fuels

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodEPDKMIPLUGSPY
1 month +0.9%+10.2%-29.3% -0.2%
3 months -3.8%+7.1%-28.6% +3.9%
6 months -3.4%+6.5%-53.8% +8.2%
Year to date +16.0%+23.2%-28.9% +12.9%
1 year +19.3%+29.5%-52.7% +12.3%
3 years +37.3%+106.9%-76.3% +87.4%
3 years, per year +11.2%+27.4%-38.1% +23.3%
5 years +60.7%+95.2%-96.2% +67.9%
5 years, per year +10.0%+14.3%-48.1% +10.9%
10 years +42.6%+61.5%-10.3% +261.1%
10 years, per year +3.6%+4.9%-1.1% +13.7%

Risk

MeasureEPDKMIPLUGSPY
Volatility, 1Y 18.5%21.2%78.1% 12.7%
Downside volatility, 1Y 18.0%20.5%70.0% 12.7%
Beta vs S&P 500, 1Y -0.32-0.222.25 1.00
Return / volatility, 1Y 1.041.39-0.67 0.97
Max drawdown, 5Y -19.5%-20.4%-98.4% -25.4%
From 52-week high -6.6%-1.7%-66.2% -1.2%
52-week high $39.80$34.44$4.14 $779.14
52-week low $30.22$25.84$1.37 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleEPDKMIPLUG
P/E now vs peer median 12.8xmedian 20.9x 20.9xmedian 20.9x -1.2xmedian 10.6x
P/S now vs peer median 1.4xmedian 2.7x 4.1xmedian 2.7x 2.6xmedian 1.2x
EV/EBITDA now vs peer median 11.0xmedian 11.0x 13.8xmedian 11.0x -1.4xmedian 14.2x
P/FCF now vs peer median 23.2xmedian 16.5x 24.5xmedian 16.5x -3.5xmedian 14.1x
P/B now vs peer median 2.6xmedian 2.6x 2.3xmedian 2.6x 3.3xmedian 1.1x
PEG now vs peer median 2.40median 1.95 1.55median 1.95 -0.21median 0.19

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsEPDKMIPLUG
Revenue $58.47B $18.34B $744.09M
Gross profit – $12.18B -$138.00M
Operating income $7.85B $5.31B -$1.29B
Net income $6.37B $3.71B -$1.71B
Free cash flow $3.46B $3.08B -$560.50M
R&D – – $53.94M
EPS (diluted) $2.89 $1.62 $-1.18
Cash & equivalents $246.00M $918.00M $161.90M
Total debt $33.23B $33.07B $314.00K
Shares (diluted) 2.19B 2.23B 1.39B
Enterprise value $78.72B $75.54B $1.04B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricEPDKMIPLUG
P/E 12.8x 20.9x -1.2x
P/FCF 23.2x 24.5x -3.5x
P/Operating cash flow 9.1x 11.2x -4.1x
P/S 1.4x 4.1x 2.6x
P/B 2.6x 2.3x 3.3x
P/Tangible book 3.0x 2.4x 3.5x
EV/EBITDA 11.0x 13.8x -1.4x
EV/EBIT 14.4x 20.2x -1.4x
EV/Revenue 1.9x 5.9x 2.4x
EV/FCF 32.7x 34.9x -3.2x
EV/Operating cash flow 12.8x 16.0x -3.7x
PEG (3Y EPS CAGR) 2.40 1.55 -0.21

Growth

14 metrics
MetricEPDKMIPLUG
Revenue growth (1Y) 6.8% 11.7% 10.6%
Revenue CAGR (3Y) 3.8% 4.9% -5.4%
Gross profit growth (1Y) – 9.8% 70.1%
Gross profit CAGR (3Y) – 5.7% 20.4%
Operating income growth (1Y) 7.5% 18.9% 31.3%
Operating income CAGR (3Y) 5.0% 7.6% -15.4%
Net income growth (1Y) 7.5% 30.8% 13.3%
Net income CAGR (3Y) 4.7% 13.1% -26.9%
EPS growth (1Y) 7.7% 31.9% 32.5%
EPS CAGR (3Y) 5.3% 13.5% 5.5%
Operating cash flow growth (1Y) 0.6% 17.4% 20.0%
Operating cash flow CAGR (3Y) 6.9% 6.5% 22.8%
Free cash flow growth (1Y) -17.8% 11.8% 31.6%
Free cash flow CAGR (3Y) -9.0% -3.3% 30.6%

Profitability

14 metrics
MetricEPDKMIPLUG
Gross margin – 66.4% -18.5%
EBITDA margin 17.6% 42.6% -168.2%
Operating margin 13.4% 29.0% -172.8%
Pretax margin 10.9% 25.8% -229.0%
Net margin 10.8% 19.6% -220.6%
FCF margin 5.9% 16.8% -75.3%
Operating cash flow margin 15.2% 36.7% -64.9%
Return on equity 20.7% 11.3% -251.3%
Return on assets 7.8% 5.0% -75.0%
Return on invested capital 12.2% 6.3% -188.4%
Return on capital employed 12.3% 7.6% -72.0%
Asset turnover 0.7x 0.2x 0.3x
Cash conversion (OCF / net income) 1.4x 1.8x 0.3x
Stock comp / revenue – – 7.2%

Financial Health

11 metrics
MetricEPDKMIPLUG
Debt / assets 40.6% 43.9% 0.0%
Debt / equity 1.1x 1.0x 0.0x
Net debt / EBITDA 3.2x 4.1x 0.1x
Debt / FCF 9.6x 10.7x 0.0x
Liabilities / assets 62.0% 56.5% 73.2%
Equity / assets 38.0% 43.5% 26.8%
Interest coverage 5.2x – -17.9x
Current ratio 0.9x 0.7x 2.3x
Quick ratio 0.6x 0.2x 0.8x
Cash ratio 0.0x 0.2x 0.3x
Altman Z-score – 1.33 -6.06

Shareholder Returns

7 metrics
MetricEPDKMIPLUG
Dividend yield 5.9% 3.5% –
Net buyback yield 0.5% – -2.5%
Shareholder yield 6.4% 3.5% -2.5%
Payout ratio (earnings) 74.4% 71.2% –
Payout ratio (FCF) 136.9% 85.6% –
Dividend growth (1Y) 3.1% 1.8% –
Dividend CAGR (3Y) 4.1% 1.5% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusEPDKMIPLUG
Forward P/E 13.0xFY2026 20.8xFY2026 –
EPS, next fiscal year $2.87FY2026 $1.63FY2026 $-0.41FY2026
EPS growth, next FY +7.9%FY2026 +25.4%FY2026 –
EPS growth, the year after +17.1% -11.0% –
Revenue, next fiscal year $66.68BFY2026 $17.89BFY2026 $799.33MFY2026
Revenue growth, next FY +26.8%FY2026 +5.6%FY2026 +12.6%FY2026
Revenue growth, the year after +2.5% +0.4% +28.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersEPDKMIPLUG
Held by institutions 24.8% 69.3% 58.3%
Institutions holding 1,581 1,811 508
Change in shares held, QoQ +0.8% +3.3% +8.0%
Institutions buying 670 898 276
Institutions selling 435 647 105
Buyers to sellers 1.54 1.39 2.63

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

EPDKMIPLUG
EPD 1.00 0.52 -0.02
KMI 0.52 1.00 -0.01
PLUG -0.02 -0.01 1.00

Add a Peer

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Frequently Asked Questions

Which is bigger, EPD, KMI and PLUG?

Enterprise Products Partners (EPD) is the largest by market capitalisation: Enterprise Products Partners (EPD) $80.29B, Kinder Morgan (KMI) $75.45B, Plug Power (PLUG) $1.96B.

Which stock is cheaper, EPD, KMI and PLUG?

Enterprise Products Partners (EPD) trades on the lowest price-to-earnings ratio (Enterprise Products Partners (EPD) 12.8x, Kinder Morgan (KMI) 20.9x, Plug Power (PLUG) -1.2x). On next year's consensus earnings, Enterprise Products Partners (EPD) is cheapest (Enterprise Products Partners (EPD) 13.0x, Kinder Morgan (KMI) 20.8x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Kinder Morgan (KMI) grew revenue fastest over the trailing twelve months: Enterprise Products Partners (EPD) +6.8%, Kinder Morgan (KMI) +11.7%, Plug Power (PLUG) +10.6%.

Which company is more profitable?

Kinder Morgan (KMI) has the highest net margin (Enterprise Products Partners (EPD) 10.8%, Kinder Morgan (KMI) 19.6%, Plug Power (PLUG) -220.6%). On return on invested capital, Enterprise Products Partners (EPD) leads (Enterprise Products Partners (EPD) 12.2%, Kinder Morgan (KMI) 6.3%, Plug Power (PLUG) -188.4%).

Which stock has performed better?

Over the past year Kinder Morgan (KMI) returned the most: Enterprise Products Partners (EPD) +19.3%, Kinder Morgan (KMI) +29.5%, Plug Power (PLUG) -52.7%. Over five years, Kinder Morgan (KMI) compounded fastest (Enterprise Products Partners (EPD) +10.0%/yr, Kinder Morgan (KMI) +14.3%/yr, Plug Power (PLUG) -48.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Enterprise Products Partners (EPD) has the highest dividend yield: Enterprise Products Partners (EPD) 5.93%, Kinder Morgan (KMI) 3.50%. Plug Power (PLUG) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Enterprise Products Partners (EPD) has been the steadiest (Enterprise Products Partners (EPD) 18.5%, Kinder Morgan (KMI) 21.2%, Plug Power (PLUG) 78.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, EPD, KMI and PLUG?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Enterprise Products Partners (EPD) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.