PLUG vs XOM vs KMI Stock Comparison

Plug Power, ExxonMobil Holdings and Kinder Morgan Prices as of Oct 23, 2026 Peers: Industry group
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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
XOM ExxonMobil Holdings Corp
$183.20 +13.6% 1M +58.0% 1Y
Market cap
$769.56B
P/E
23.5x
Revenue (TTM)
$368.76B
Div. yield
0.02%
Integrated Oil and Gas Energy
6 wins
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
5 wins

Head to Head

12 decided of 12

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

QuestionPLUGXOMKMILeader
Larger companyMarket capitalisation $1.91B $769.56B $75.65B XOM
Cheaper on earningsLower P/E, profitable companies only -1.2x 23.5x 21.0x KMI
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 13.9x 21.4x XOM
Faster revenue growthRevenue growth, trailing twelve months +10.6% +9.1% +11.7% KMI
More profitableNet margin, trailing twelve months -220.6% 8.9% 19.6% KMI
Better return on capitalReturn on invested capital -188.4% 11.1% 6.3% XOM
Less leveragedLower net debt / EBITDA 0.1x 0.4x 4.1x PLUG
Higher dividend yieldTrailing dividend yield 0.00% 0.02% 0.03% KMI
Better 1-year returnPrice return, last 12 months -52.1% +58.0% +31.2% XOM
Better 5-year returnAnnualised price return, 5 years -46.9%/yr +23.8%/yr +14.3%/yr XOM
Less volatileAnnualised volatility, 1 year 78.1% 25.8% 21.2% KMI
Higher overall scoreMean of the five percentile scores vs peers 23/100 51/100 44/100 XOM

Percentile Scorecard

PLUGXOMKMI

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

AxisPLUGXOMKMI
Valuation 0 #11 of 11 30 #70 of 99 32 #24 of 35
Growth 70 #4 of 11 51 #48 of 97 67 #12 of 34
Profitability 0 #9 of 9 57 #42 of 96 52 #17 of 34
Financial Health 20 #9 of 11 76 #25 of 102 47 #19 of 35
Shareholder Returns – 40 #46 of 76 23 #24 of 31
Overall 23 51 44
  • PLUG ranked among 11 companies in Renewable Fuels
  • XOM ranked among 103 companies in Oil and Gas Upstream
  • KMI 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

PeriodPLUGXOMKMISPY
1 month -32.4%+13.6%+9.8% -1.0%
3 months -34.0%+16.7%+4.8% +2.9%
6 months -56.1%+23.0%+8.5% +6.4%
Year to date -29.9%+52.2%+25.3% +11.4%
1 year -52.1%+58.0%+31.2% +13.1%
3 years -78.1%+69.0%+104.4% +79.4%
3 years, per year -39.7%+19.1%+26.9% +21.5%
5 years -95.8%+190.2%+94.9% +67.7%
5 years, per year -46.9%+23.8%+14.3% +10.9%
10 years -14.8%+111.5%+63.1% +255.2%
10 years, per year -1.6%+7.8%+5.0% +13.5%

Risk

MeasurePLUGXOMKMISPY
Volatility, 1Y 78.1%25.8%21.2% 12.7%
Downside volatility, 1Y 70.2%25.9%20.6% 12.7%
Beta vs S&P 500, 1Y 2.25-0.68-0.21 1.00
Return / volatility, 1Y -0.672.241.47 1.03
Max drawdown, 5Y -98.4%-20.7%-20.4% -25.4%
From 52-week high -66.7%0.0%0.0% -2.5%
52-week high $4.14$183.20$34.44 $779.14
52-week low $1.37$113.68$25.84 $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.

MultiplePLUGXOMKMI
P/E now vs peer median -1.2xmedian 10.9x 23.3xmedian 13.1x 21.3xmedian 21.3x
P/S now vs peer median 2.6xmedian 1.2x 2.0xmedian 2.0x 4.2xmedian 2.7x
EV/EBITDA now vs peer median -1.4xmedian 14.0x 10.4xmedian 5.7x 13.9xmedian 11.0x
P/FCF now vs peer median -3.4xmedian 14.1x 24.7xmedian 11.1x 24.9xmedian 16.4x
P/B now vs peer median 3.3xmedian 1.1x 2.8xmedian 1.5x 2.3xmedian 2.6x
PEG now vs peer median -0.21median 0.19 -1.65median 2.24 1.58median 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 monthsPLUGXOMKMI
Revenue $744.09M $368.76B $18.34B
Gross profit -$138.00M – $12.18B
Operating income -$1.29B – $5.31B
Net income -$1.71B $33.73B $3.71B
Free cash flow -$560.50M $30.55B $3.08B
R&D $53.94M $973.00M –
EPS (diluted) $-1.18 $7.41 $1.62
Cash & equivalents $161.90M $10.59B $918.00M
Total debt $65.78M $175.60B $129.38B
Shares (diluted) 1.39B 4.42B 2.23B
Enterprise value $986.42M $726.04B $74.51B

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
MetricPLUGXOMKMI
P/E -1.2x 23.3x 21.3x
P/FCF -3.4x 24.7x 24.9x
P/Operating cash flow -4.0x 12.6x 11.4x
P/S 2.6x 2.0x 4.2x
P/B 3.3x 2.8x 2.3x
P/Tangible book 3.4x 2.8x 2.5x
EV/EBITDA -1.4x 10.4x 13.9x
EV/EBIT -1.4x 17.0x 20.5x
EV/Revenue 2.4x 2.1x 5.9x
EV/FCF -3.2x 25.7x 35.3x
EV/Operating cash flow -3.7x 13.1x 16.2x
PEG (3Y EPS CAGR) -0.21 -1.65 1.58

Growth

14 metrics
MetricPLUGXOMKMI
Revenue growth (1Y) 10.6% 9.1% 11.7%
Revenue CAGR (3Y) -5.4% -0.7% 4.9%
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% 4.4% 30.8%
Net income CAGR (3Y) -26.9% -14.1% 13.1%
EPS growth (1Y) 32.5% 5.6% 31.9%
EPS CAGR (3Y) 5.5% -14.1% 13.5%
Operating cash flow growth (1Y) 20.0% 10.0% 17.4%
Operating cash flow CAGR (3Y) 22.8% -4.1% 6.5%
Free cash flow growth (1Y) 31.6% 4.9% 11.8%
Free cash flow CAGR (3Y) 30.6% -13.0% -3.3%

Profitability

14 metrics
MetricPLUGXOMKMI
Gross margin -18.5% – 66.4%
EBITDA margin -168.2% 20.5% 42.6%
Operating margin -172.8% – 29.0%
Pretax margin -229.0% 12.3% 25.8%
Net margin -220.6% 8.9% 19.6%
FCF margin -75.3% 8.3% 16.8%
Operating cash flow margin -64.9% 16.2% 36.7%
Return on equity -251.3% 12.8% 11.3%
Return on assets -75.0% 7.3% 5.0%
Return on invested capital -188.4% 11.1% 6.3%
Return on capital employed -72.0% 12.3% 7.6%
Asset turnover 0.3x 0.8x 0.2x
Cash conversion (OCF / net income) 0.3x 1.8x 1.8x
Stock comp / revenue 7.2% – –

Financial Health

11 metrics
MetricPLUGXOMKMI
Debt / assets 0.0% 9.1% 43.9%
Debt / equity 0.0x 0.2x 1.0x
Net debt / EBITDA 0.1x 0.4x 4.1x
Debt / FCF 0.0x 1.4x 10.7x
Liabilities / assets 73.2% 42.7% 56.5%
Equity / assets 26.8% 57.3% 43.5%
Interest coverage -17.9x 59.5x –
Current ratio 2.3x 1.1x 0.7x
Quick ratio 0.8x 0.8x 0.2x
Cash ratio 0.3x 0.1x 0.2x
Altman Z-score -6.07 4.92 1.35

Shareholder Returns

7 metrics
MetricPLUGXOMKMI
Dividend yield – 2.2% 3.4%
Net buyback yield -2.5% 2.7% –
Shareholder yield -2.5% 5.0% 3.4%
Payout ratio (earnings) – 51.1% 71.2%
Payout ratio (FCF) – 56.4% 85.6%
Dividend growth (1Y) – 0.0% 1.8%
Dividend CAGR (3Y) – 5.0% 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.

ConsensusPLUGXOMKMI
Forward P/E – 13.9xFY2026 21.4xFY2026
EPS, next fiscal year $-0.41FY2026 $13.15FY2026 $1.61FY2026
EPS growth, next FY – +88.1%FY2026 +23.8%FY2026
EPS growth, the year after – -16.4% -9.9%
Revenue, next fiscal year $799.33MFY2026 $443.98BFY2026 $17.92BFY2026
Revenue growth, next FY +12.6%FY2026 +33.6%FY2026 +5.8%FY2026
Revenue growth, the year after +28.0% -15.0% +0.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersPLUGXOMKMI
Held by institutions 58.3% 63.9% 69.3%
Institutions holding 508 4,226 1,811
Change in shares held, QoQ +8.0% -2.2% +3.3%
Institutions buying 276 2,041 898
Institutions selling 105 1,744 647
Buyers to sellers 2.63 1.17 1.39

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.

PLUGXOMKMI
PLUG 1.00 -0.05 -0.01
XOM -0.05 1.00 0.43
KMI -0.01 0.43 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, PLUG, XOM and KMI?

ExxonMobil Holdings (XOM) is the largest by market capitalisation: Plug Power (PLUG) $1.91B, ExxonMobil Holdings (XOM) $769.56B, Kinder Morgan (KMI) $75.65B.

Which stock is cheaper, PLUG, XOM and KMI?

Kinder Morgan (KMI) trades on the lowest price-to-earnings ratio (Plug Power (PLUG) -1.2x, ExxonMobil Holdings (XOM) 23.5x, Kinder Morgan (KMI) 21.0x). On next year's consensus earnings, ExxonMobil Holdings (XOM) is cheapest (ExxonMobil Holdings (XOM) 13.9x, Kinder Morgan (KMI) 21.4x). 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%, ExxonMobil Holdings (XOM) +9.1%, Kinder Morgan (KMI) +11.7%.

Which company is more profitable?

Kinder Morgan (KMI) has the highest net margin (Plug Power (PLUG) -220.6%, ExxonMobil Holdings (XOM) 8.9%, Kinder Morgan (KMI) 19.6%). On return on invested capital, ExxonMobil Holdings (XOM) leads (Plug Power (PLUG) -188.4%, ExxonMobil Holdings (XOM) 11.1%, Kinder Morgan (KMI) 6.3%).

Which stock has performed better?

Over the past year ExxonMobil Holdings (XOM) returned the most: Plug Power (PLUG) -52.1%, ExxonMobil Holdings (XOM) +58.0%, Kinder Morgan (KMI) +31.2%. Over five years, ExxonMobil Holdings (XOM) compounded fastest (Plug Power (PLUG) -46.9%/yr, ExxonMobil Holdings (XOM) +23.8%/yr, Kinder Morgan (KMI) +14.3%/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%, ExxonMobil Holdings (XOM) 0.02%, Kinder Morgan (KMI) 0.03%. 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%, ExxonMobil Holdings (XOM) 25.8%, Kinder Morgan (KMI) 21.2%). Volatility measures how widely the price swings, not the risk of the business.

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

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