KMI vs WMB
Kinder Morgan, Inc. and Williams Companies, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | KMI | WMB |
|---|---|---|
| Revenue | $16.9B | $14.9B |
| Net income | $3.1B | $2.6B |
| Gross margin | 67.4% | · |
| Net margin | 18.7% | 18.6% |
| Return on equity | 9.9% | 20.7% |
| Diluted EPS | $1.37 | $2.14 |
| Dividend / share | $1.17 | $2.00 |
| Payout ratio | 85.2% | 93.3% |
| Free cash flow | $2.9B | $1.0B |
| Equity | $31.2B | $12.8B |
| Net debt / equity | 1.02× | 2.13× |
| Current ratio | 0.64× | 0.53× |
| Revenue CAGR 5y | 7.7% | 14.1% |
| Profit CAGR 5y | 91.4% | 65.5% |
KMI and WMB book revenue within 15% of each other, and keeps more of each dollar of revenue as profit (18.7% against 18.6%).
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 | KMI | WMB |
|---|---|---|
| FY2025 | $16.9B | $14.9B |
| FY2024 | $15.1B | $12.6B |
| FY2023 | $15.3B | $12.0B |
| FY2022 | $19.2B | $17.8B |
| FY2021 | $16.6B | $12.8B |
| FY2020 | $11.7B | $7.7B |
| FY2019 | $13.2B | $8.2B |
| FY2018 | $14.1B | $8.7B |
| FY2017 | $13.7B | $8.0B |
| FY2016 | $13.1B | $7.5B |
Bottom line
| Fiscal year | KMI | WMB |
|---|---|---|
| FY2025 | $3.1B | $2.6B |
| FY2024 | $2.6B | $2.2B |
| FY2023 | $2.4B | $3.2B |
| FY2022 | $2.5B | $2.0B |
| FY2021 | $1.8B | $1.5B |
| FY2020 | $119.0M | $211.0M |
| FY2019 | $2.2B | $850.0M |
| FY2018 | $1.6B | $-155.0M |
| FY2017 | $183.0M | $2.2B |
| FY2016 | $708.0M | $-424.0M |
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$2,038,000,000 | KMI |
| FY2024 | +$2,468,000,000 | KMI |
| FY2023 | +$3,338,000,000 | KMI |
| FY2022 | +$1,427,000,000 | KMI |
| FY2021 | +$3,826,000,000 | KMI |
| FY2020 | +$3,981,000,000 | KMI |
| FY2019 | +$5,008,000,000 | KMI |
| FY2018 | +$5,458,000,000 | KMI |
| FY2017 | +$5,674,000,000 | KMI |
| FY2016 | +$5,559,000,000 | KMI |
| FY2015 | +$7,043,000,000 | KMI |
| FY2014 | +$8,589,000,000 | KMI |
| FY2013 | +$7,210,000,000 | KMI |
| FY2012 | +$2,487,000,000 | KMI |
| FY2011 | +$13,000,000 | KMI |
| FY2010 | +$1,214,000,000 | KMI |
| FY2009 | +$1,907,200,000 | KMI |
KMI 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.
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +0.1 pp | KMI |
| FY2024 | −0.6 pp | WMB |
| FY2023 | −11.3 pp | WMB |
| FY2022 | +1.8 pp | KMI |
| FY2021 | −1.1 pp | WMB |
| FY2020 | −1.0 pp | WMB |
| FY2019 | +8.2 pp | KMI |
| FY2018 | +11.3 pp | KMI |
| FY2017 | −29.6 pp | WMB |
| FY2016 | +10.2 pp | KMI |
| FY2015 | +19.3 pp | KMI |
| FY2014 | −15.6 pp | WMB |
| FY2013 | +9.4 pp | KMI |
| FY2012 | −9.9 pp | WMB |
| FY2011 | −0.0 pp | WMB |
| FY2010 | +17.7 pp | KMI |
| FY2009 | +3.9 pp | KMI |
The higher net margin has changed hands between KMI and WMB over this period.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
WMB's net margin has been more volatile than KMI's over the 17 comparable fiscal years — 13.4 percentage points of standard deviation against 6.3.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between KMI and WMB over these 17 fiscal years — KMI led in 9 and WMB in 8.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
WMB's return on equity has been more volatile than KMI's over the 16 comparable fiscal years — 14.0 percentage points of standard deviation against 3.4.
16 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between KMI and WMB over these 16 fiscal years — KMI led in 5 and WMB in 11.
16 of 19 comparable fiscal years — a year missing data on either side is not counted.