KMI vs NGL vs SLB Stock Comparison

Kinder Morgan, NGL Energy Partners and Slb Prices as of Oct 27, 2026 Peers: Industry group
KMI Kinder Morgan, Inc.
$33.87 +10.2% 1M +29.5% 1Y
Market cap
$75.15B
P/E
20.9x
Revenue (TTM)
$18.34B
Div. yield
0.04%
Oil and Gas Pipelines Energy
4 wins
NGL NGL Energy Partners LP
$16.34 +8.1% 1M +157.3% 1Y
Market cap
$2.06B
P/E
–
Revenue (TTM)
$3.52B
Div. yield
–
Oil and Gas Pipelines Energy
3 wins
SLB Slb Limited/Nv
$54.08 +4.9% 1M +49.6% 1Y
Market cap
$80.55B
P/E
26.0x
Revenue (TTM)
$36.37B
Div. yield
–
Oilfield Services Energy
4 wins

Head to Head

11 decided of 12

Slb leads on 4 of the 12 questions below (Slb 4, Kinder Morgan 4, NGL Energy Partners 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionKMINGLSLBLeader
Larger companyMarket capitalisation $75.15B $2.06B $80.55B SLB
Cheaper on earningsLower P/E, profitable companies only 20.9x -5.9x 26.0x KMI
Cheaper on forward earningsLower price / next fiscal year consensus EPS 20.8x 12.6x 21.5x NGL
Faster revenue growthRevenue growth, trailing twelve months +11.7% +5.8% +2.5% KMI
More profitableNet margin, trailing twelve months 19.6% -9.9% 8.5% KMI
Better return on capitalReturn on invested capital 6.3% 4.8% 9.5% SLB
Less leveragedLower net debt / EBITDA 4.1x 8.0x 1.2x SLB
Higher dividend yieldTrailing dividend yield 0.04% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +29.5% +157.3% +49.6% NGL
Better 5-year returnAnnualised price return, 5 years +14.3%/yr +47.5%/yr +10.2%/yr NGL
Less volatileAnnualised volatility, 1 year 21.2% 51.5% 36.6% KMI
Higher overall scoreMean of the five percentile scores vs peers 45/100 36/100 59/100 SLB

Percentile Scorecard

KMINGLSLB

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

AxisKMINGLSLB
Valuation 35 #23 of 35 53 #17 of 35 28 #34 of 47
Growth 67 #12 of 34 6 #32 of 34 45 #24 of 43
Profitability 52 #17 of 34 12 #30 of 34 85 #7 of 40
Financial Health 47 #19 of 35 9 #32 of 35 57 #20 of 45
Shareholder Returns 23 #24 of 31 100 #1 of 31 81 #7 of 32
Overall 45 36 59
  • KMI ranked among 35 companies in Oil and Gas Midstream
  • NGL ranked among 35 companies in Oil and Gas Midstream
  • SLB ranked among 48 companies in Oilfield Services and Equipment

Price Performance

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

Returns

PeriodKMINGLSLBSPY
1 month +10.2%+8.1%+4.9% -0.2%
3 months +7.1%+8.9%+8.2% +3.9%
6 months +6.5%+3.9%-2.8% +8.2%
Year to date +23.2%+63.4%+40.9% +12.9%
1 year +29.5%+157.3%+49.6% +12.3%
3 years +106.9%+294.7%-3.1% +87.4%
3 years, per year +27.4%+58.1%-1.1% +23.3%
5 years +95.2%+598.3%+62.4% +67.9%
5 years, per year +14.3%+47.5%+10.2% +10.9%
10 years +61.5%-12.2%-32.1% +261.1%
10 years, per year +4.9%-1.3%-3.8% +13.7%

Risk

MeasureKMINGLSLBSPY
Volatility, 1Y 21.2%51.5%36.6% 12.7%
Downside volatility, 1Y 20.5%43.1%33.4% 12.7%
Beta vs S&P 500, 1Y -0.220.370.74 1.00
Return / volatility, 1Y 1.393.061.35 0.97
Max drawdown, 5Y -20.4%-61.5%-48.9% -25.4%
From 52-week high -1.7%-13.9%-10.0% -1.2%
52-week high $34.44$18.98$60.12 $779.14
52-week low $25.84$6.35$35.19 $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.

MultipleKMINGLSLB
P/E now vs peer median 20.9xmedian 20.9x -5.8xmedian 20.9x 26.0xmedian 26.1x
P/S now vs peer median 4.1xmedian 2.7x 0.6xmedian 2.7x 2.2xmedian 1.3x
EV/EBITDA now vs peer median 13.8xmedian 11.0x 13.0xmedian 11.0x 12.0xmedian 8.8x
P/FCF now vs peer median 24.5xmedian 16.5x 20.0xmedian 16.5x 16.7xmedian 14.9x
P/B now vs peer median 2.3xmedian 2.6x -8.6xmedian 2.6x 2.9xmedian 1.7x
PEG now vs peer median 1.55median 1.95 0.09median 1.95 -2.89median 0.49

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 monthsKMINGLSLB
Revenue $18.34B $3.52B $36.37B
Gross profit $12.18B $1.04B $6.01B
Operating income $5.31B $142.60M $4.68B
Net income $3.71B -$131.86M $3.15B
Free cash flow $3.08B $101.88M $4.81B
R&D – – $692.00M
EPS (diluted) $1.62 $-2.73 $2.06
Cash & equivalents $918.00M $5.07M $2.74B
Total debt $33.07B $3.28B $12.80B
Shares (diluted) 2.23B 128.09M 1.51B
Enterprise value $74.01B $2.03B $76.48B

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
MetricKMINGLSLB
P/E 20.9x -5.8x 26.0x
P/FCF 24.5x 20.0x 16.7x
P/Operating cash flow 11.2x 5.0x 12.3x
P/S 4.1x 0.6x 2.2x
P/B 2.3x -8.6x 2.9x
P/Tangible book 2.4x -2.0x 3.6x
EV/EBITDA 13.8x 13.0x 12.0x
EV/EBIT 20.2x 37.2x 19.0x
EV/Revenue 5.9x 1.5x 2.4x
EV/FCF 34.9x 52.1x 18.5x
EV/Operating cash flow 16.0x 13.0x 13.6x
PEG (3Y EPS CAGR) 1.55 0.09 -2.89

Growth

14 metrics
MetricKMINGLSLB
Revenue growth (1Y) 11.7% 5.8% 2.5%
Revenue CAGR (3Y) 4.9% -4.9% 5.3%
Gross profit growth (1Y) 9.8% 6.0% -15.3%
Gross profit CAGR (3Y) 5.7% 2.3% -0.2%
Operating income growth (1Y) 18.9% -58.6% -16.5%
Operating income CAGR (3Y) 7.6% -14.6% -2.2%
Net income growth (1Y) 30.8% -228.9% -25.2%
Net income CAGR (3Y) 13.1% -67.4% -7.6%
EPS growth (1Y) 31.9% -560.3% -31.3%
EPS CAGR (3Y) 13.5% -63.2% -9.0%
Operating cash flow growth (1Y) 17.4% 8.1% -1.6%
Operating cash flow CAGR (3Y) 6.5% -6.3% 8.5%
Free cash flow growth (1Y) 11.8% -39.9% 0.1%
Free cash flow CAGR (3Y) -3.3% -34.1% 21.2%

Profitability

14 metrics
MetricKMINGLSLB
Gross margin 66.4% 29.5% 16.5%
EBITDA margin 42.6% 11.6% 20.5%
Operating margin 29.0% 4.0% 12.9%
Pretax margin 25.8% -3.7% 10.8%
Net margin 19.6% -9.9% 8.5%
FCF margin 16.8% 2.9% 13.2%
Operating cash flow margin 36.7% 11.6% 18.0%
Return on equity 11.3% – 11.5%
Return on assets 5.0% -3.1% 5.7%
Return on invested capital 6.3% 4.8% 9.5%
Return on capital employed 7.6% 4.0% 11.4%
Asset turnover 0.2x 0.8x 0.7x
Cash conversion (OCF / net income) 1.8x -3.1x 2.1x
Stock comp / revenue – 0.1% 0.9%

Financial Health

11 metrics
MetricKMINGLSLB
Debt / assets 43.9% 78.4% 23.0%
Debt / equity 1.0x -13.8x 0.5x
Net debt / EBITDA 4.1x 8.0x 1.2x
Debt / FCF 10.7x 32.2x 2.7x
Liabilities / assets 56.5% 105.7% 50.9%
Equity / assets 43.5% -5.7% 49.1%
Interest coverage – 0.6x 9.1x
Current ratio 0.7x 1.1x 1.4x
Quick ratio 0.2x 1.0x 0.9x
Cash ratio 0.2x 0.0x 0.3x
Altman Z-score 1.33 – 3.24

Shareholder Returns

7 metrics
MetricKMINGLSLB
Dividend yield 3.5% – 2.1%
Net buyback yield – 17.8% 1.1%
Shareholder yield 3.5% 17.8% 3.2%
Payout ratio (earnings) 71.2% – –
Payout ratio (FCF) 85.6% – –
Dividend growth (1Y) 1.8% – –
Dividend CAGR (3Y) 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.

ConsensusKMINGLSLB
Forward P/E 20.8xFY2026 12.6xFY2026 21.5xFY2026
EPS, next fiscal year $1.63FY2026 $1.30FY2026 $2.52FY2026
EPS growth, next FY +25.4%FY2026 – -14.0%FY2026
EPS growth, the year after -11.0% +31.5% +17.1%
Revenue, next fiscal year $17.89BFY2026 $3.82BFY2026 $38.38BFY2026
Revenue growth, next FY +5.6%FY2026 +21.0%FY2026 +7.5%FY2026
Revenue growth, the year after +0.4% -6.2% +0.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersKMINGLSLB
Held by institutions 69.3% 60.3% 89.8%
Institutions holding 1,811 88 1,698
Change in shares held, QoQ +3.3% +3.5% +1.6%
Institutions buying 898 25 783
Institutions selling 647 29 663
Buyers to sellers 1.39 0.86 1.18

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.

KMINGLSLB
KMI 1.00 0.18 0.28
NGL 0.18 1.00 0.20
SLB 0.28 0.20 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, KMI, NGL and SLB?

Slb (SLB) is the largest by market capitalisation: Kinder Morgan (KMI) $75.15B, NGL Energy Partners (NGL) $2.06B, Slb (SLB) $80.55B.

Which stock is cheaper, KMI, NGL and SLB?

Kinder Morgan (KMI) trades on the lowest price-to-earnings ratio (Kinder Morgan (KMI) 20.9x, NGL Energy Partners (NGL) -5.9x, Slb (SLB) 26.0x). On next year's consensus earnings, NGL Energy Partners (NGL) is cheapest (Kinder Morgan (KMI) 20.8x, NGL Energy Partners (NGL) 12.6x, Slb (SLB) 21.5x). 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%, NGL Energy Partners (NGL) +5.8%, Slb (SLB) +2.5%.

Which company is more profitable?

Kinder Morgan (KMI) has the highest net margin (Kinder Morgan (KMI) 19.6%, NGL Energy Partners (NGL) -9.9%, Slb (SLB) 8.5%). On return on invested capital, Slb (SLB) leads (Kinder Morgan (KMI) 6.3%, NGL Energy Partners (NGL) 4.8%, Slb (SLB) 9.5%).

Which stock has performed better?

Over the past year NGL Energy Partners (NGL) returned the most: Kinder Morgan (KMI) +29.5%, NGL Energy Partners (NGL) +157.3%, Slb (SLB) +49.6%. Over five years, NGL Energy Partners (NGL) compounded fastest (Kinder Morgan (KMI) +14.3%/yr, NGL Energy Partners (NGL) +47.5%/yr, Slb (SLB) +10.2%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Kinder Morgan (KMI) 0.04%, NGL Energy Partners (NGL) 0.00%, Slb (SLB) 0.00%. NGL Energy Partners (NGL) and Slb (SLB) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Kinder Morgan (KMI) has been the steadiest (Kinder Morgan (KMI) 21.2%, NGL Energy Partners (NGL) 51.5%, Slb (SLB) 36.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, KMI, NGL and SLB?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Slb (SLB) leads on 4. 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.