EPD vs KMI
Enterprise Products Partners L.p. and Kinder Morgan, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | EPD | KMI |
|---|---|---|
| Revenue | $52.6B | $16.9B |
| Net income | $5.8B | $3.1B |
| Gross margin | 26.7% | 67.4% |
| Net margin | 11.2% | 18.7% |
| Return on equity | · | 9.9% |
| Diluted EPS | · | $1.37 |
| Dividend / share | · | $1.17 |
| Payout ratio | · | 85.2% |
| Free cash flow | $3.0B | $2.9B |
| Equity | · | $31.2B |
| Net debt / equity | · | 1.02× |
| Current ratio | 1.04× | 0.64× |
| Revenue CAGR 5y | 14.1% | 7.7% |
| Profit CAGR 5y | 9.0% | 91.4% |
EPD bills 3.1× the revenue of KMI, and KMI keeps more of each dollar of revenue as profit (18.7% against 11.2%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | EPD | KMI |
|---|---|---|
| FY2025 | $52.6B | $16.9B |
| FY2024 | $56.2B | $15.1B |
| FY2023 | $49.7B | $15.3B |
| FY2022 | $58.2B | $19.2B |
| FY2021 | $40.8B | $16.6B |
| FY2020 | $27.2B | $11.7B |
| FY2019 | $32.8B | $13.2B |
| FY2018 | $36.5B | $14.1B |
| FY2017 | $29.2B | $13.7B |
| FY2016 | $23.0B | $13.1B |
Bottom line
| Fiscal year | EPD | KMI |
|---|---|---|
| FY2025 | $5.8B | $3.1B |
| FY2024 | $5.9B | $2.6B |
| FY2023 | $5.5B | $2.4B |
| FY2022 | $5.5B | $2.5B |
| FY2021 | $4.6B | $1.8B |
| FY2020 | $3.8B | $119.0M |
| FY2019 | $4.6B | $2.2B |
| FY2018 | $4.2B | $1.6B |
| FY2017 | $2.8B | $183.0M |
| FY2016 | $2.5B | $708.0M |
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$35,659,000,000 | EPD |
| FY2024 | +$41,119,000,000 | EPD |
| FY2023 | +$34,381,000,000 | EPD |
| FY2022 | +$38,986,000,000 | EPD |
| FY2021 | +$24,197,000,000 | EPD |
| FY2020 | +$15,500,000,000 | EPD |
| FY2019 | +$19,580,200,000 | EPD |
| FY2018 | +$22,390,200,000 | EPD |
| FY2017 | +$15,536,500,000 | EPD |
| FY2016 | +$9,964,300,000 | EPD |
| FY2015 | +$12,624,900,000 | EPD |
| FY2014 | +$31,725,200,000 | EPD |
| FY2013 | +$33,657,000,000 | EPD |
| FY2012 | +$32,610,100,000 | EPD |
| FY2011 | +$36,370,000,000 | EPD |
| FY2010 | +$25,887,300,000 | EPD |
| FY2009 | +$18,325,700,000 | EPD |
EPD has reported the higher revenue in every one of these 17 fiscal years. The gap has widened since the earliest year compared.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
13 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −7.5 pp | KMI |
| FY2024 | −7.4 pp | KMI |
| FY2023 | −4.8 pp | KMI |
| FY2022 | −4.0 pp | KMI |
| FY2021 | +0.5 pp | EPD |
| FY2020 | +12.7 pp | EPD |
| FY2019 | −2.7 pp | KMI |
| FY2018 | −2.0 pp | KMI |
| FY2017 | +8.1 pp | EPD |
| FY2016 | +5.6 pp | EPD |
| FY2015 | +8.0 pp | EPD |
| FY2014 | −9.1 pp | KMI |
| FY2009 | −6.3 pp | KMI |
The higher net margin has changed hands between EPD and KMI over this period.
13 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
KMI's net margin has been more volatile than EPD's over the 13 comparable fiscal years — 6.2 percentage points of standard deviation against 2.7.
13 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between EPD and KMI over these 13 fiscal years — EPD led in 5 and KMI in 8.
13 of 18 comparable fiscal years — a year missing data on either side is not counted.