KMI vs EPD vs WMB Stock Comparison

Kinder Morgan, Enterprise Products Partners and Williams Companies Prices as of Oct 23, 2026 Peers: Industry group
KMI Kinder Morgan, Inc.
$34.44 +9.8% 1M +31.2% 1Y
Market cap
$75.65B
P/E
21.0x
Revenue (TTM)
$18.34B
Div. yield
0.03%
Oil and Gas Pipelines Energy
2 wins
WMB Williams Companies, Inc.
$71.68 +0.8% 1M +21.6% 1Y
Market cap
$87.82B
P/E
26.0x
Revenue (TTM)
$12.20B
Div. yield
–
Oil and Gas Pipelines Energy
4 wins

Head to Head

12 decided of 12

Enterprise Products Partners leads on 6 of the 12 questions below (Enterprise Products Partners 6, Williams Companies 4, Kinder Morgan 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionKMIEPDWMBLeader
Larger companyMarket capitalisation $75.65B $79.97B $87.82B WMB
Cheaper on earningsLower P/E, profitable companies only 21.0x 12.7x 26.0x EPD
Cheaper on forward earningsLower price / next fiscal year consensus EPS 21.4x 12.9x 27.9x EPD
Faster revenue growthRevenue growth, trailing twelve months +11.7% +6.8% +8.7% KMI
More profitableNet margin, trailing twelve months 19.6% 10.8% 27.7% WMB
Better return on capitalReturn on invested capital 6.3% 12.2% — EPD
Less leveragedLower net debt / EBITDA 4.1x 3.2x 0.9x WMB
Higher dividend yieldTrailing dividend yield 0.03% 0.06% 0.00% EPD
Better 1-year returnPrice return, last 12 months +31.2% +19.8% +21.6% KMI
Better 5-year returnAnnualised price return, 5 years +14.3%/yr +8.7%/yr +20.1%/yr WMB
Less volatileAnnualised volatility, 1 year 21.2% 18.5% 25.0% EPD
Higher overall scoreMean of the five percentile scores vs peers 44/100 53/100 39/100 EPD

Percentile Scorecard

KMIEPDWMB

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

AxisKMIEPDWMB
Valuation 32 #24 of 35 77 #9 of 35 3 #34 of 35
Growth 67 #12 of 34 24 #26 of 34 42 #20 of 34
Profitability 52 #17 of 34 49 #18 of 34 76 #9 of 34
Financial Health 47 #19 of 35 68 #12 of 35 56 #16 of 35
Shareholder Returns 23 #24 of 31 50 #16 of 31 20 #25 of 31
Overall 44 53 39
  • KMI ranked among 35 companies in Oil and Gas Midstream
  • EPD ranked among 35 companies in Oil and Gas Midstream
  • WMB ranked among 35 companies in Oil and Gas Midstream

Price Performance

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

Returns

PeriodKMIEPDWMBSPY
1 month +9.8%-1.3%+0.8% -1.0%
3 months +4.8%-4.3%-3.1% +2.9%
6 months +8.5%-2.4%-0.7% +6.4%
Year to date +25.3%+15.7%+19.2% +11.4%
1 year +31.2%+19.8%+21.6% +13.1%
3 years +104.4%+34.6%+108.0% +79.4%
3 years, per year +26.9%+10.4%+27.7% +21.5%
5 years +94.9%+51.8%+150.2% +67.7%
5 years, per year +14.3%+8.7%+20.1% +10.9%
10 years +63.1%+38.6%+137.1% +255.2%
10 years, per year +5.0%+3.3%+9.0% +13.5%

Risk

MeasureKMIEPDWMBSPY
Volatility, 1Y 21.2%18.5%25.0% 12.7%
Downside volatility, 1Y 20.6%18.1%25.0% 12.7%
Beta vs S&P 500, 1Y -0.21-0.310.02 1.00
Return / volatility, 1Y 1.471.070.87 1.03
Max drawdown, 5Y -20.4%-19.5%-25.2% -25.4%
From 52-week high 0.0%-6.8%-9.7% -2.5%
52-week high $34.44$39.80$79.40 $779.14
52-week low $25.84$30.22$56.51 $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.

MultipleKMIEPDWMB
P/E now vs peer median 21.3xmedian 21.3x 12.7xmedian 21.3x 26.0xmedian 21.3x
P/S now vs peer median 4.2xmedian 2.7x 1.4xmedian 2.7x 7.2xmedian 2.7x
EV/EBITDA now vs peer median 13.9xmedian 11.0x 11.0xmedian 11.0x 13.5xmedian 11.0x
P/FCF now vs peer median 24.9xmedian 16.4x 23.1xmedian 16.4x -811.8xmedian 16.4x
P/B now vs peer median 2.3xmedian 2.6x 2.6xmedian 2.6x 6.6xmedian 2.6x
PEG now vs peer median 1.58median 1.93 2.39median 1.93 3.15median 1.93

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 monthsKMIEPDWMB
Revenue $18.34B $58.47B $12.20B
Gross profit $12.18B – $10.12B
Operating income $5.31B $7.85B $4.66B
Net income $3.71B $6.37B $3.24B
Free cash flow $3.08B $3.46B -$108.00M
EPS (diluted) $1.62 $2.89 $2.76
Cash & equivalents $918.00M $246.00M $203.00M
Total debt $129.38B $133.45B $48.42B
Shares (diluted) 2.23B 2.19B 1.23B
Enterprise value $74.51B $78.35B $86.53B

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
MetricKMIEPDWMB
P/E 21.3x 12.7x 26.0x
P/FCF 24.9x 23.1x -811.8x
P/Operating cash flow 11.4x 9.0x 14.6x
P/S 4.2x 1.4x 7.2x
P/B 2.3x 2.6x 6.6x
P/Tangible book 2.5x 3.0x 6.6x
EV/EBITDA 13.9x 11.0x 13.5x
EV/EBIT 20.5x 14.4x 20.2x
EV/Revenue 5.9x 1.9x 7.7x
EV/FCF 35.3x 32.7x -871.4x
EV/Operating cash flow 16.2x 12.8x 15.7x
PEG (3Y EPS CAGR) 1.58 2.39 3.15

Growth

14 metrics
MetricKMIEPDWMB
Revenue growth (1Y) 11.7% 6.8% 8.7%
Revenue CAGR (3Y) 4.9% 3.8% 2.0%
Gross profit growth (1Y) 9.8% – 12.4%
Gross profit CAGR (3Y) 5.7% – 5.1%
Operating income growth (1Y) 18.9% 7.5% 27.0%
Operating income CAGR (3Y) 7.6% 5.0% 4.2%
Net income growth (1Y) 30.8% 7.5% 26.2%
Net income CAGR (3Y) 13.1% 4.7% 5.4%
EPS growth (1Y) 31.9% 7.7% 39.2%
EPS CAGR (3Y) 13.5% 5.3% 8.2%
Operating cash flow growth (1Y) 17.4% 0.6% 12.2%
Operating cash flow CAGR (3Y) 6.5% 6.9% 2.3%
Free cash flow growth (1Y) 11.8% -17.8% -105.7%
Free cash flow CAGR (3Y) -3.3% -9.0% -26.8%

Profitability

14 metrics
MetricKMIEPDWMB
Gross margin 66.4% – 82.9%
EBITDA margin 42.6% 17.6% 57.3%
Operating margin 29.0% 13.4% 38.2%
Pretax margin 25.8% 10.9% 34.7%
Net margin 19.6% 10.8% 27.7%
FCF margin 16.8% 5.9% -0.9%
Operating cash flow margin 36.7% 15.2% 49.1%
Return on equity 11.3% 20.7% 24.7%
Return on assets 5.0% 7.8% 5.8%
Return on invested capital 6.3% 12.2% –
Return on capital employed 7.6% 12.3% 8.7%
Asset turnover 0.2x 0.7x 0.2x
Cash conversion (OCF / net income) 1.8x 1.4x 1.8x
Stock comp / revenue – – –

Financial Health

11 metrics
MetricKMIEPDWMB
Debt / assets 43.9% 40.6% 11.0%
Debt / equity 1.0x 1.1x 0.5x
Net debt / EBITDA 4.1x 3.2x 0.9x
Debt / FCF 10.7x 9.6x -61.5x
Liabilities / assets 56.5% 62.0% 78.2%
Equity / assets 43.5% 38.0% 21.8%
Interest coverage – 5.2x 3.1x
Current ratio 0.7x 0.9x 0.5x
Quick ratio 0.2x 0.6x 0.3x
Cash ratio 0.2x 0.0x 0.0x
Altman Z-score 1.35 – 1.22

Shareholder Returns

7 metrics
MetricKMIEPDWMB
Dividend yield 3.4% 5.9% 2.9%
Net buyback yield – 0.5% –
Shareholder yield 3.4% 6.5% 2.9%
Payout ratio (earnings) 71.2% 74.4% –
Payout ratio (FCF) 85.6% 136.9% –
Dividend growth (1Y) 1.8% 3.1% –
Dividend CAGR (3Y) 1.5% 4.1% –

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.

ConsensusKMIEPDWMB
Forward P/E 21.4xFY2026 12.9xFY2026 27.9xFY2026
EPS, next fiscal year $1.61FY2026 $2.87FY2026 $2.57FY2026
EPS growth, next FY +23.8%FY2026 +7.9%FY2026 +22.4%FY2026
EPS growth, the year after -9.9% +17.1% -2.3%
Revenue, next fiscal year $17.92BFY2026 $66.68BFY2026 $12.71BFY2026
Revenue growth, next FY +5.8%FY2026 +26.8%FY2026 +6.4%FY2026
Revenue growth, the year after +0.8% +2.5% +9.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersKMIEPDWMB
Held by institutions 69.3% 24.8% 89.4%
Institutions holding 1,811 1,580 1,832
Change in shares held, QoQ +3.3% +0.8% +4.2%
Institutions buying 898 670 886
Institutions selling 647 435 657
Buyers to sellers 1.39 1.54 1.35

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.

KMIEPDWMB
KMI 1.00 0.52 0.82
EPD 0.52 1.00 0.46
WMB 0.82 0.46 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, KMI, EPD and WMB?

Williams Companies (WMB) is the largest by market capitalisation: Kinder Morgan (KMI) $75.65B, Enterprise Products Partners (EPD) $79.97B, Williams Companies (WMB) $87.82B.

Which stock is cheaper, KMI, EPD and WMB?

Enterprise Products Partners (EPD) trades on the lowest price-to-earnings ratio (Kinder Morgan (KMI) 21.0x, Enterprise Products Partners (EPD) 12.7x, Williams Companies (WMB) 26.0x). On next year's consensus earnings, Enterprise Products Partners (EPD) is cheapest (Kinder Morgan (KMI) 21.4x, Enterprise Products Partners (EPD) 12.9x, Williams Companies (WMB) 27.9x). 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: Kinder Morgan (KMI) +11.7%, Enterprise Products Partners (EPD) +6.8%, Williams Companies (WMB) +8.7%.

Which company is more profitable?

Williams Companies (WMB) has the highest net margin (Kinder Morgan (KMI) 19.6%, Enterprise Products Partners (EPD) 10.8%, Williams Companies (WMB) 27.7%). On return on invested capital, Enterprise Products Partners (EPD) leads (Kinder Morgan (KMI) 6.3%, Enterprise Products Partners (EPD) 12.2%).

Which stock has performed better?

Over the past year Kinder Morgan (KMI) returned the most: Kinder Morgan (KMI) +31.2%, Enterprise Products Partners (EPD) +19.8%, Williams Companies (WMB) +21.6%. Over five years, Williams Companies (WMB) compounded fastest (Kinder Morgan (KMI) +14.3%/yr, Enterprise Products Partners (EPD) +8.7%/yr, Williams Companies (WMB) +20.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Enterprise Products Partners (EPD) has the highest dividend yield: Kinder Morgan (KMI) 0.03%, Enterprise Products Partners (EPD) 0.06%, Williams Companies (WMB) 0.00%. Williams Companies (WMB) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Enterprise Products Partners (EPD) has been the steadiest (Kinder Morgan (KMI) 21.2%, Enterprise Products Partners (EPD) 18.5%, Williams Companies (WMB) 25.0%). Volatility measures how widely the price swings, not the risk of the business.

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

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 6. 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.