WBI vs EPD vs KMI Stock Comparison

WaterBridge Infrastructure, Enterprise Products Partners and Kinder Morgan Prices as of Oct 27, 2026 Peers: Industry group
KMI Kinder Morgan, Inc.
$33.87 +10.2% 1M +29.5% 1Y
Market cap
$75.47B
P/E
20.9x
Revenue (TTM)
$18.34B
Div. yield
0.03%
Oil and Gas Pipelines Energy
3 wins

Head to Head

12 decided of 12

Enterprise Products Partners leads on 8 of the 12 questions below (Enterprise Products Partners 8, Kinder Morgan 3, WaterBridge Infrastructure 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionWBIEPDKMILeader
Larger companyMarket capitalisation $1.49B $81.18B $75.47B EPD
Cheaper on earningsLower P/E, profitable companies only 31.1x 12.9x 20.9x EPD
Cheaper on forward earningsLower price / next fiscal year consensus EPS 48.9x 13.0x 20.8x EPD
Faster revenue growthRevenue growth, trailing twelve months +110.0% +6.8% +11.7% WBI
More profitableNet margin, trailing twelve months 6.2% 10.8% 19.6% KMI
Better return on capitalReturn on invested capital 3.6% 12.2% 6.3% EPD
Less leveragedLower net debt / EBITDA 4.3x 3.2x 4.1x EPD
Higher dividend yieldTrailing dividend yield 0.00% 0.06% 0.03% EPD
Better 1-year returnPrice return, last 12 months +23.0% +19.3% +29.5% KMI
Better 5-year returnAnnualised price return, 5 years — +10.0%/yr +14.3%/yr KMI
Less volatileAnnualised volatility, 1 year 45.2% 18.5% 21.2% EPD
Higher overall scoreMean of the five percentile scores vs peers 41/100 51/100 45/100 EPD

Percentile Scorecard

WBIEPDKMI

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

AxisWBIEPDKMI
Valuation 9 #32 of 35 71 #11 of 35 35 #23 of 35
Growth 100 #1 of 34 24 #26 of 34 67 #12 of 34
Profitability 21 #27 of 34 49 #18 of 34 52 #17 of 34
Financial Health 74 #10 of 35 68 #12 of 35 47 #19 of 35
Shareholder Returns 0 #31 of 31 43 #18 of 31 23 #24 of 31
Overall 41 51 45
  • WBI ranked among 35 companies in Oil and Gas Midstream
  • EPD ranked among 35 companies in Oil and Gas Midstream
  • 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

PeriodWBIEPDKMISPY
1 month +0.2%+0.9%+10.2% -0.2%
3 months -6.5%-3.8%+7.1% +3.9%
6 months +4.4%-3.4%+6.5% +8.2%
Year to date +49.2%+16.0%+23.2% +12.9%
1 year +23.0%+19.3%+29.5% +12.3%
3 years —+37.3%+106.9% +87.4%
3 years, per year —+11.2%+27.4% +23.3%
5 years —+60.7%+95.2% +67.9%
5 years, per year —+10.0%+14.3% +10.9%
10 years —+42.6%+61.5% +261.1%
10 years, per year —+3.6%+4.9% +13.7%

Risk

MeasureWBIEPDKMISPY
Volatility, 1Y 45.2%18.5%21.2% 12.7%
Downside volatility, 1Y 47.1%18.0%20.5% 12.7%
Beta vs S&P 500, 1Y 0.32-0.32-0.22 1.00
Return / volatility, 1Y 0.511.041.39 0.97
Max drawdown, 5Y -30.7%-19.5%-20.4% -25.4%
From 52-week high -17.6%-6.6%-1.7% -1.2%
52-week high $36.22$39.80$34.44 $779.14
52-week low $18.76$30.22$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.

MultipleWBIEPDKMI
P/E now vs peer median 30.4xmedian 20.9x 12.8xmedian 20.9x 20.9xmedian 20.9x
P/S now vs peer median 4.7xmedian 2.7x 1.4xmedian 2.7x 4.1xmedian 2.7x
EV/EBITDA now vs peer median 14.3xmedian 11.0x 11.0xmedian 11.0x 13.8xmedian 11.0x
P/FCF now vs peer median -30.1xmedian 16.5x 23.2xmedian 16.5x 24.5xmedian 16.5x
P/B now vs peer median 2.0xmedian 2.6x 2.6xmedian 2.6x 2.3xmedian 2.6x
PEG now vs peer median —median 1.95 2.40median 1.95 1.55median 1.95

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 monthsWBIEPDKMI
Revenue $777.97M $58.47B $18.34B
Gross profit $205.03M – $12.18B
Operating income $126.63M $7.85B $5.31B
Net income $53.91M $6.37B $3.71B
Free cash flow -$122.30M $3.46B $3.08B
EPS (diluted) $0.98 $2.89 $1.62
Cash & equivalents $47.62M $246.00M $918.00M
Total debt $1.62B $33.23B $33.07B
Shares (diluted) 48.76M 2.19B 2.23B
Enterprise value $1.33B $79.57B $74.33B

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
MetricWBIEPDKMI
P/E 30.4x 12.8x 20.9x
P/FCF -30.1x 23.2x 24.5x
P/Operating cash flow 14.1x 9.1x 11.2x
P/S 4.7x 1.4x 4.1x
P/B 2.0x 2.6x 2.3x
P/Tangible book 4.1x 3.0x 2.4x
EV/EBITDA 14.3x 11.0x 13.8x
EV/EBIT 41.5x 14.4x 20.2x
EV/Revenue 6.8x 1.9x 5.9x
EV/FCF -43.0x 32.7x 34.9x
EV/Operating cash flow 20.2x 12.8x 16.0x
PEG (3Y EPS CAGR) – 2.40 1.55

Growth

14 metrics
MetricWBIEPDKMI
Revenue growth (1Y) 110.0% 6.8% 11.7%
Revenue CAGR (3Y) – 3.8% 4.9%
Gross profit growth (1Y) 85.4% – 9.8%
Gross profit CAGR (3Y) – – 5.7%
Operating income growth (1Y) 89.5% 7.5% 18.9%
Operating income CAGR (3Y) – 5.0% 7.6%
Net income growth (1Y) 325.5% 7.5% 30.8%
Net income CAGR (3Y) – 4.7% 13.1%
EPS growth (1Y) – 7.7% 31.9%
EPS CAGR (3Y) – 5.3% 13.5%
Operating cash flow growth (1Y) – 0.6% 17.4%
Operating cash flow CAGR (3Y) – 6.9% 6.5%
Free cash flow growth (1Y) – -17.8% 11.8%
Free cash flow CAGR (3Y) – -9.0% -3.3%

Profitability

14 metrics
MetricWBIEPDKMI
Gross margin 26.4% – 66.4%
EBITDA margin 47.3% 17.6% 42.6%
Operating margin 16.3% 13.4% 29.0%
Pretax margin 7.2% 10.9% 25.8%
Net margin 6.2% 10.8% 19.6%
FCF margin -15.7% 5.9% 16.8%
Operating cash flow margin 33.5% 15.2% 36.7%
Return on equity 2.9% 20.7% 11.3%
Return on assets 1.4% 7.8% 5.0%
Return on invested capital 3.6% 12.2% 6.3%
Return on capital employed 3.4% 12.3% 7.6%
Asset turnover 0.2x 0.7x 0.2x
Cash conversion (OCF / net income) 4.8x 1.4x 1.8x
Stock comp / revenue 2.3% – –

Financial Health

11 metrics
MetricWBIEPDKMI
Debt / assets 41.0% 40.6% 43.9%
Debt / equity 0.9x 1.1x 1.0x
Net debt / EBITDA 4.3x 3.2x 4.1x
Debt / FCF -13.2x 9.6x 10.7x
Liabilities / assets 53.6% 62.0% 56.5%
Equity / assets 46.4% 38.0% 43.5%
Interest coverage – 5.2x –
Current ratio 1.5x 0.9x 0.7x
Quick ratio 1.5x 0.6x 0.2x
Cash ratio 0.3x 0.0x 0.2x
Altman Z-score 1.38 – 1.33

Shareholder Returns

7 metrics
MetricWBIEPDKMI
Dividend yield 0.5% 5.9% 3.5%
Net buyback yield – 0.5% –
Shareholder yield 0.5% 6.4% 3.5%
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.

ConsensusWBIEPDKMI
Forward P/E 48.9xFY2026 13.0xFY2026 20.8xFY2026
EPS, next fiscal year $0.61FY2026 $2.87FY2026 $1.63FY2026
EPS growth, next FY – +7.9%FY2026 +25.4%FY2026
EPS growth, the year after +4.9% +17.1% -11.0%
Revenue, next fiscal year $858.29MFY2026 $66.68BFY2026 $17.89BFY2026
Revenue growth, next FY +8.6%FY2026 +26.8%FY2026 +5.6%FY2026
Revenue growth, the year after +19.5% +2.5% +0.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersWBIEPDKMI
Held by institutions 100.0% 24.8% 69.3%
Institutions holding 164 1,581 1,811
Change in shares held, QoQ +29.4% +0.8% +3.3%
Institutions buying 101 670 898
Institutions selling 41 435 647
Buyers to sellers 2.46 1.54 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.

WBIEPDKMI
WBI 1.00 0.29 0.29
EPD 0.29 1.00 0.52
KMI 0.29 0.52 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, WBI, EPD and KMI?

Enterprise Products Partners (EPD) is the largest by market capitalisation: WaterBridge Infrastructure (WBI) $1.49B, Enterprise Products Partners (EPD) $81.18B, Kinder Morgan (KMI) $75.47B.

Which stock is cheaper, WBI, EPD and KMI?

Enterprise Products Partners (EPD) trades on the lowest price-to-earnings ratio (WaterBridge Infrastructure (WBI) 31.1x, Enterprise Products Partners (EPD) 12.9x, Kinder Morgan (KMI) 20.9x). On next year's consensus earnings, Enterprise Products Partners (EPD) is cheapest (WaterBridge Infrastructure (WBI) 48.9x, 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?

WaterBridge Infrastructure (WBI) grew revenue fastest over the trailing twelve months: WaterBridge Infrastructure (WBI) +110.0%, Enterprise Products Partners (EPD) +6.8%, Kinder Morgan (KMI) +11.7%.

Which company is more profitable?

Kinder Morgan (KMI) has the highest net margin (WaterBridge Infrastructure (WBI) 6.2%, Enterprise Products Partners (EPD) 10.8%, Kinder Morgan (KMI) 19.6%). On return on invested capital, Enterprise Products Partners (EPD) leads (WaterBridge Infrastructure (WBI) 3.6%, Enterprise Products Partners (EPD) 12.2%, Kinder Morgan (KMI) 6.3%).

Which stock has performed better?

Over the past year Kinder Morgan (KMI) returned the most: WaterBridge Infrastructure (WBI) +23.0%, Enterprise Products Partners (EPD) +19.3%, Kinder Morgan (KMI) +29.5%. Over five years, Kinder Morgan (KMI) compounded fastest (Enterprise Products Partners (EPD) +10.0%/yr, Kinder Morgan (KMI) +14.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

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

Which stock is riskier?

By one-year price volatility, Enterprise Products Partners (EPD) has been the steadiest (WaterBridge Infrastructure (WBI) 45.2%, Enterprise Products Partners (EPD) 18.5%, Kinder Morgan (KMI) 21.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, WBI, EPD 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, Enterprise Products Partners (EPD) leads on 8. 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.