PLUG vs KMI vs IMO Stock Comparison

Plug Power, Kinder Morgan and Imperial Oil Prices as of Oct 23, 2026 Peers: Industry group
PLUG Plug Power Inc
$1.38 -32.4% 1M -52.1% 1Y
Market cap
$1.91B
P/E
–
Revenue (TTM)
$744.09M
Div. yield
–
Hydrogen Energy
1 win
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
6 wins
IMO Imperial Oil Ltd
$134.72 +8.1% 1M +49.8% 1Y
Market cap
$65.02B
P/E
21.6x
Revenue (TTM)
$37.53B
Div. yield
0.02%
Integrated Oil and Gas Energy
5 wins

Head to Head

12 decided of 12

Kinder Morgan leads on 6 of the 12 questions below (Kinder Morgan 6, Imperial Oil 5, Plug Power 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionPLUGKMIIMOLeader
Larger companyMarket capitalisation $1.91B $75.65B $65.02B KMI
Cheaper on earningsLower P/E, profitable companies only -1.2x 21.0x 21.6x KMI
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 21.4x 12.6x IMO
Faster revenue growthRevenue growth, trailing twelve months +10.6% +11.7% +5.5% KMI
More profitableNet margin, trailing twelve months -220.6% 19.6% 8.0% KMI
Better return on capitalReturn on invested capital -188.4% 6.3% 15.4% IMO
Less leveragedLower net debt / EBITDA 0.1x 4.1x 0.1x PLUG
Higher dividend yieldTrailing dividend yield 0.00% 0.03% 0.02% KMI
Better 1-year returnPrice return, last 12 months -52.1% +31.2% +49.8% IMO
Better 5-year returnAnnualised price return, 5 years -46.9%/yr +14.3%/yr +31.0%/yr IMO
Less volatileAnnualised volatility, 1 year 78.1% 21.2% 28.7% KMI
Higher overall scoreMean of the five percentile scores vs peers 23/100 44/100 63/100 IMO

Percentile Scorecard

PLUGKMIIMO

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

AxisPLUGKMIIMO
Valuation 0 #11 of 11 32 #24 of 35 32 #68 of 99
Growth 70 #4 of 11 67 #12 of 34 55 #44 of 97
Profitability 0 #9 of 9 52 #17 of 34 64 #35 of 96
Financial Health 20 #9 of 11 47 #19 of 35 82 #19 of 102
Shareholder Returns – 23 #24 of 31 83 #14 of 76
Overall 23 44 63
  • PLUG ranked among 11 companies in Renewable Fuels
  • KMI ranked among 35 companies in Oil and Gas Midstream
  • IMO ranked among 103 companies in Oil and Gas Upstream

Price Performance

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

Returns

PeriodPLUGKMIIMOSPY
1 month -32.4%+9.8%+8.1% -1.0%
3 months -34.0%+4.8%+4.9% +2.9%
6 months -56.1%+8.5%+8.3% +6.4%
Year to date -29.9%+25.3%+56.1% +11.4%
1 year -52.1%+31.2%+49.8% +13.1%
3 years -78.1%+104.4%+132.7% +79.4%
3 years, per year -39.7%+26.9%+32.5% +21.5%
5 years -95.8%+94.9%+285.8% +67.7%
5 years, per year -46.9%+14.3%+31.0% +10.9%
10 years -14.8%+63.1%+311.5% +255.2%
10 years, per year -1.6%+5.0%+15.2% +13.5%

Risk

MeasurePLUGKMIIMOSPY
Volatility, 1Y 78.1%21.2%28.7% 12.7%
Downside volatility, 1Y 70.2%20.6%30.7% 12.7%
Beta vs S&P 500, 1Y 2.25-0.21-0.10 1.00
Return / volatility, 1Y -0.671.471.73 1.03
Max drawdown, 5Y -98.4%-20.4%-30.1% -25.4%
From 52-week high -66.7%0.0%-2.6% -2.5%
52-week high $4.14$34.44$138.33 $779.14
52-week low $1.37$25.84$83.72 $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.

MultiplePLUGKMIIMO
P/E now vs peer median -1.2xmedian 10.9x 21.3xmedian 21.3x 21.6xmedian 13.1x
P/S now vs peer median 2.6xmedian 1.2x 4.2xmedian 2.7x 1.7xmedian 2.0x
EV/EBITDA now vs peer median -1.4xmedian 14.0x 13.9xmedian 11.0x 11.3xmedian 5.7x
P/FCF now vs peer median -3.4xmedian 14.1x 24.9xmedian 16.4x 17.9xmedian 11.1x
P/B now vs peer median 3.3xmedian 1.1x 2.3xmedian 2.6x 3.8xmedian 1.5x
PEG now vs peer median -0.21median 0.19 1.58median 1.93 -4.24median 2.24

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 monthsPLUGKMIIMO
Revenue $744.09M $18.34B $37.53B
Gross profit -$138.00M $12.18B –
Operating income -$1.29B $5.31B –
Net income -$1.71B $3.71B $3.01B
Free cash flow -$560.50M $3.08B $3.64B
R&D $53.94M – $6.51M
EPS (diluted) $-1.18 $1.62 $6.21
Cash & equivalents $161.90M $918.00M $2.00B
Total debt $65.78M $129.38B $11.46B
Shares (diluted) 1.39B 2.23B 484.90M
Enterprise value $986.42M $74.51B $60.11B

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
MetricPLUGKMIIMO
P/E -1.2x 21.3x 21.6x
P/FCF -3.4x 24.9x 17.9x
P/Operating cash flow -4.0x 11.4x 12.6x
P/S 2.6x 4.2x 1.7x
P/B 3.3x 2.3x 3.8x
P/Tangible book 3.4x 2.5x 3.8x
EV/EBITDA -1.4x 13.9x 11.3x
EV/EBIT -1.4x 20.5x 16.7x
EV/Revenue 2.4x 5.9x 1.8x
EV/FCF -3.2x 35.3x 18.1x
EV/Operating cash flow -3.7x 16.2x 12.7x
PEG (3Y EPS CAGR) -0.21 1.58 -4.24

Growth

14 metrics
MetricPLUGKMIIMO
Revenue growth (1Y) 10.6% 11.7% 5.5%
Revenue CAGR (3Y) -5.4% 4.9% -2.2%
Gross profit growth (1Y) 70.1% 9.8% –
Gross profit CAGR (3Y) 20.4% 5.7% –
Operating income growth (1Y) 31.3% 18.9% –
Operating income CAGR (3Y) -15.4% 7.6% –
Net income growth (1Y) 13.3% 30.8% -10.5%
Net income CAGR (3Y) -26.9% 13.1% -10.9%
EPS growth (1Y) 32.5% 31.9% -5.8%
EPS CAGR (3Y) 5.5% 13.5% -5.1%
Operating cash flow growth (1Y) 20.0% 17.4% 15.5%
Operating cash flow CAGR (3Y) 22.8% 6.5% 5.0%
Free cash flow growth (1Y) 31.6% 11.8% 13.2%
Free cash flow CAGR (3Y) 30.6% -3.3% 5.2%

Profitability

14 metrics
MetricPLUGKMIIMO
Gross margin -18.5% 66.4% –
EBITDA margin -168.2% 42.6% 15.6%
Operating margin -172.8% 29.0% –
Pretax margin -229.0% 25.8% 10.5%
Net margin -220.6% 19.6% 8.0%
FCF margin -75.3% 16.8% 9.7%
Operating cash flow margin -64.9% 36.7% 13.8%
Return on equity -251.3% 11.3% 17.9%
Return on assets -75.0% 5.0% 9.1%
Return on invested capital -188.4% 6.3% 15.4%
Return on capital employed -72.0% 7.6% 15.2%
Asset turnover 0.3x 0.2x 1.1x
Cash conversion (OCF / net income) 0.3x 1.8x 1.7x
Stock comp / revenue 7.2% – –

Financial Health

11 metrics
MetricPLUGKMIIMO
Debt / assets 0.0% 43.9% 8.3%
Debt / equity 0.0x 1.0x 0.2x
Net debt / EBITDA 0.1x 4.1x 0.1x
Debt / FCF 0.0x 10.7x 0.8x
Liabilities / assets 73.2% 56.5% 48.7%
Equity / assets 26.8% 43.5% 51.3%
Interest coverage -17.9x – 147.4x
Current ratio 2.3x 0.7x 1.4x
Quick ratio 0.8x 0.2x 1.1x
Cash ratio 0.3x 0.2x 0.3x
Altman Z-score -6.07 1.35 4.67

Shareholder Returns

7 metrics
MetricPLUGKMIIMO
Dividend yield – 3.4% 2.3%
Net buyback yield -2.5% – 3.6%
Shareholder yield -2.5% 3.4% 5.9%
Payout ratio (earnings) – 71.2% 36.0%
Payout ratio (FCF) – 85.6% 29.8%
Dividend growth (1Y) – 1.8% 15.1%
Dividend CAGR (3Y) – 1.5% 14.8%

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.

ConsensusPLUGKMIIMO
Forward P/E – 21.4xFY2026 12.6xFY2026
EPS, next fiscal year $-0.41FY2026 $1.61FY2026 $10.67FY2026
EPS growth, next FY – +23.8%FY2026 +71.8%FY2026
EPS growth, the year after – -9.9% +6.6%
Revenue, next fiscal year $799.33MFY2026 $17.92BFY2026 $45.71BFY2026
Revenue growth, next FY +12.6%FY2026 +5.8%FY2026 +33.3%FY2026
Revenue growth, the year after +28.0% +0.8% -8.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersPLUGKMIIMO
Held by institutions 58.3% 69.3% 26.7%
Institutions holding 508 1,811 413
Change in shares held, QoQ +8.0% +3.3% +6.1%
Institutions buying 276 898 185
Institutions selling 105 647 141
Buyers to sellers 2.63 1.39 1.31

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.

PLUGKMIIMO
PLUG 1.00 -0.01 0.08
KMI -0.01 1.00 0.37
IMO 0.08 0.37 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, PLUG, KMI and IMO?

Kinder Morgan (KMI) is the largest by market capitalisation: Plug Power (PLUG) $1.91B, Kinder Morgan (KMI) $75.65B, Imperial Oil (IMO) $65.02B.

Which stock is cheaper, PLUG, KMI and IMO?

Kinder Morgan (KMI) trades on the lowest price-to-earnings ratio (Plug Power (PLUG) -1.2x, Kinder Morgan (KMI) 21.0x, Imperial Oil (IMO) 21.6x). On next year's consensus earnings, Imperial Oil (IMO) is cheapest (Kinder Morgan (KMI) 21.4x, Imperial Oil (IMO) 12.6x). 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: Plug Power (PLUG) +10.6%, Kinder Morgan (KMI) +11.7%, Imperial Oil (IMO) +5.5%.

Which company is more profitable?

Kinder Morgan (KMI) has the highest net margin (Plug Power (PLUG) -220.6%, Kinder Morgan (KMI) 19.6%, Imperial Oil (IMO) 8.0%). On return on invested capital, Imperial Oil (IMO) leads (Plug Power (PLUG) -188.4%, Kinder Morgan (KMI) 6.3%, Imperial Oil (IMO) 15.4%).

Which stock has performed better?

Over the past year Imperial Oil (IMO) returned the most: Plug Power (PLUG) -52.1%, Kinder Morgan (KMI) +31.2%, Imperial Oil (IMO) +49.8%. Over five years, Imperial Oil (IMO) compounded fastest (Plug Power (PLUG) -46.9%/yr, Kinder Morgan (KMI) +14.3%/yr, Imperial Oil (IMO) +31.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Kinder Morgan (KMI) has the highest dividend yield: Plug Power (PLUG) 0.00%, Kinder Morgan (KMI) 0.03%, Imperial Oil (IMO) 0.02%. Plug Power (PLUG) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Kinder Morgan (KMI) has been the steadiest (Plug Power (PLUG) 78.1%, Kinder Morgan (KMI) 21.2%, Imperial Oil (IMO) 28.7%). Volatility measures how widely the price swings, not the risk of the business.

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

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Kinder Morgan (KMI) 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.