ENB vs. KMI: Enbridge vs. Kinder Morgan Stock Comparison
How do Enbridge (ENB) and Kinder Morgan (KMI) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Enbridge (ENB) and Kinder Morgan (KMI) are both classified in the Oil & Gas Storage & Transportation sub-industry within the broader Oil, Gas & Consumable Fuels industry, placing them in the closest GICS peer bucket.
| Profile Item | ENB | KMI |
|---|---|---|
| Name | Enbridge Inc. | Kinder Morgan Inc. |
| Country/Region | Canada | United States |
| GICS Sector | Energy | Energy |
| GICS Industry Group | Energy | Energy |
| GICS Industry | Oil, Gas & Consumable Fuels | Oil, Gas & Consumable Fuels |
| GICS Sub-Industry | Oil & Gas Storage & Transportation | Oil & Gas Storage & Transportation |
| Market Capitalization | 104.51 billion USD | 66.74 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 15, 1984 | February 11, 2011 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ENB | KMI |
|---|---|---|
| Total Return (1Y) | 3.49% | 19.50% |
| Total Return (3Y, Annualized) | 19.14% | 29.33% |
| Total Return (5Y, Annualized) | 8.72% | 18.80% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ENB | KMI |
|---|---|---|
| Volatility (1Y, Annualized) | 18.30% | 22.00% |
| Beta (5Y) | 0.59 | 0.60 |
| Max Drawdown (5Y) | -28.31% | -20.31% |
| Avg. Volume (3M) | 5.05M | 12.88M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ENB | KMI |
|---|---|---|
| Sharpe Ratio (1Y) | -0.04 | 0.69 |
| Sortino Ratio (1Y) | -0.06 | 1.01 |
Profitability
ROE (TTM)
Both Enbridge (ENB) at 9.22% and Kinder Morgan (KMI) at 11.43% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
ENB
Energy industry group
9.22%
- Max
- 53.85%
- Q3
- 24.79%
- Median
- 12.85%
- ENB
- 9.22%
- Q1
- 2.03%
- Min
- -29.09%
KMI
Energy industry group
11.43%
- Max
- 53.85%
- Q3
- 24.79%
- Median
- 12.85%
- KMI
- 11.43%
- Q1
- 2.03%
- Min
- -29.09%
Net Margin (TTM)
Both Enbridge (ENB) at 7.34% and Kinder Morgan (KMI) at 19.64% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
ENB
Energy industry group
7.34%
- Max
- 56.92%
- Q3
- 22.92%
- Median
- 10.10%
- ENB
- 7.34%
- Q1
- 0.07%
- Min
- -27.38%
KMI
Energy industry group
19.64%
- Max
- 56.92%
- Q3
- 22.92%
- KMI
- 19.64%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
Both Enbridge (ENB) at 10.16% and Kinder Morgan (KMI) at 24.03% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
ENB
Energy industry group
10.16%
- Max
- 71.31%
- Q3
- 33.75%
- Median
- 18.73%
- ENB
- 10.16%
- Q1
- 6.94%
- Min
- -24.52%
KMI
Energy industry group
24.03%
- Max
- 71.31%
- Q3
- 33.75%
- KMI
- 24.03%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | ENB | KMI |
|---|---|---|
| ROE (TTM) | 9.22% | 11.43% |
| ROA (TTM) | 3.29% | 4.44% |
| Net Margin (TTM) | 7.34% | 19.64% |
| Operating Margin (TTM) | 10.16% | 24.03% |
| Gross Margin (TTM) | 32.59% | 48.65% |
Growth
Revenue Growth
Enbridge (ENB) at 21.92% sits in the top revenue growth quartile, while Kinder Morgan (KMI) at 12.17% is closer to the peer norm — faster top-line expansion for ENB.
EPS Growth
Enbridge (ENB) at 37.61% sits in the top EPS growth quartile, while Kinder Morgan (KMI) at 17.09% is closer to the peer norm — faster per-share earnings growth for ENB.
Growth Metrics
| Metric | ENB | KMI |
|---|---|---|
| Revenue Growth (YoY) | 21.92% | 12.17% |
| Revenue Growth (3Y CAGR) | 6.94% | -4.09% |
| EPS Growth (YoY) | 37.61% | 17.09% |
| EPS Growth (3Y CAGR) | 36.00% | 6.95% |
Financial Strength
Current Ratio (MRQ)
Both Enbridge (ENB) at 0.72 and Kinder Morgan (KMI) at 0.67 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.
ENB
Energy industry group
0.72
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- Q1
- 0.88
- ENB
- 0.72
- Min
- 0.24
KMI
Energy industry group
0.67
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- Q1
- 0.88
- KMI
- 0.67
- Min
- 0.24
Debt / Equity (MRQ)
Both Enbridge (ENB) at 1.63 and Kinder Morgan (KMI) at 1.02 lean more heavily on debt funding than most peers, landing in the higher-leverage quartile of their industries.
ENB
Energy industry group
1.63
- Max
- 1.75
- ENB
- 1.63
- Q3
- 0.93
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
KMI
Energy industry group
1.02
- Max
- 1.75
- KMI
- 1.02
- Q3
- 0.93
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
Financial Strength Metrics
| Metric | ENB | KMI |
|---|---|---|
| Current Ratio (MRQ) | 0.72 | 0.67 |
| Debt / Equity (MRQ) | 1.63 | 1.02 |
| Net Debt / EBITDA | 6.33 | 4.23 |
Dividends
Dividend Yield (TTM)
Enbridge (ENB) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Kinder Morgan (KMI) reports a yield of 3.93%, ranking against industry peers normally.
ENB
Energy industry group
0.00%
- Max
- 8.57%
- Q3
- 3.58%
- Median
- 1.71%
- ENB
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
KMI
Energy industry group
3.93%
- Max
- 8.57%
- KMI
- 3.93%
- Q3
- 3.58%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Enbridge (ENB) reports payout ratio above 100% at 147.68%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile Kinder Morgan (KMI) reports 72.84%, ranking against industry peers normally.
ENB
Energy industry group
147.68%
- ENB
- 147.68%
- Max
- 133.24%
- Q3
- 53.31%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
KMI
Energy industry group
72.84%
- Max
- 133.24%
- KMI
- 72.84%
- Q3
- 53.31%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ENB | KMI |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 3.93% |
| Dividend Payout Ratio (TTM) | 147.68% | 72.84% |
Valuation
P/E Ratio (TTM)
Kinder Morgan (KMI) at 18.49 is near its industry’s usual P/E ratio, while Enbridge (ENB) at 22.65 sits in the richer quartile — ENB needs stronger growth or earnings quality to justify the premium.
ENB
Energy industry group
22.65
- Max
- 39.54
- ENB
- 22.65
- Q3
- 21.72
- Median
- 12.19
- Q1
- 7.71
- Min
- 2.99
KMI
Energy industry group
18.49
- Max
- 39.54
- Q3
- 21.72
- KMI
- 18.49
- Median
- 12.19
- Q1
- 7.71
- Min
- 2.99
P/S Ratio (TTM)
Enbridge (ENB) at 1.25 is priced about in line with its industry on P/S ratio, while Kinder Morgan (KMI) at 3.64 sits in the pricier quartile — KMI costs more per dollar of sales.
ENB
Energy industry group
1.25
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- ENB
- 1.25
- Q1
- 0.88
- Min
- 0.00
KMI
Energy industry group
3.64
- Max
- 5.40
- KMI
- 3.64
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
P/B Ratio (MRQ)
Kinder Morgan (KMI) at 2.11 is valued about in line with its industry on P/B ratio, while Enbridge (ENB) at 2.59 carries an above-peer premium to book — ENB is pricier on assets.
ENB
Energy industry group
2.59
- Max
- 4.21
- ENB
- 2.59
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
KMI
Energy industry group
2.11
- Max
- 4.21
- Q3
- 2.38
- KMI
- 2.11
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | ENB | KMI |
|---|---|---|
| P/E Ratio (TTM) | 22.65 | 18.49 |
| P/S Ratio (TTM) | 1.25 | 3.64 |
| P/B Ratio (MRQ) | 2.59 | 2.11 |
| Free Cash Flow Yield (TTM) | -1.01% | 1.61% |