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EQNR vs. KMI: Equinor vs. Kinder Morgan Stock Comparison

How do Equinor (EQNR) 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

Equinor (EQNR) and Kinder Morgan (KMI) both belong to the Oil, Gas & Consumable Fuels industry, though EQNR is classified under Integrated Oil & Gas while KMI falls under Oil & Gas Storage & Transportation.

Kinder Morgan (KMI) trades as ordinary local shares, while Equinor (EQNR) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for Equinor (EQNR) and Kinder Morgan (KMI)
Profile ItemEQNRKMI
NameEquinor ASA Sponsored ADRKinder Morgan Inc.
Country/RegionNorwayUnited States
GICS SectorEnergyEnergy
GICS Industry GroupEnergyEnergy
GICS IndustryOil, Gas & Consumable FuelsOil, Gas & Consumable Fuels
GICS Sub-IndustryIntegrated Oil & GasOil & Gas Storage & Transportation
Market Capitalization99.39 billion USD66.74 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateJune 18, 2001February 11, 2011
Security TypeADRCommon Stock

Price Performance

Cumulative Growth

EQNR
KMI
GSPC
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Equinor (EQNR) vs. Kinder Morgan (KMI), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Equinor (EQNR) and Kinder Morgan (KMI). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Equinor (EQNR) and Kinder Morgan (KMI). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Equinor (EQNR) and Kinder Morgan (KMI)
MetricEQNRKMI
Total Return (1Y)78.03%19.50%
Total Return (3Y, Annualized)17.56%29.33%
Total Return (5Y, Annualized)17.66%18.80%

Risk Profile

Drawdown History

EQNR
KMI
GSPC
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Equinor (EQNR) vs. Kinder Morgan (KMI), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Equinor (EQNR) and Kinder Morgan (KMI). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Equinor (EQNR) and Kinder Morgan (KMI)
MetricEQNRKMI
Volatility (1Y, Annualized)40.50%22.00%
Beta (5Y)0.180.60
Max Drawdown (5Y)-34.57%-20.31%
Avg. Volume (3M)3.77M12.88M

Risk-Adjusted Performance

Risk-Return Positioning

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EQNR and KMI are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Equinor (EQNR) and Kinder Morgan (KMI)
MetricEQNRKMI
Sharpe Ratio (1Y)1.820.69
Sortino Ratio (1Y)2.761.01

Profitability

ROE (TTM)

Equinor (EQNR) at 27.57% sits in the top ROE quartile, while Kinder Morgan (KMI) at 11.43% is closer to the peer norm — stronger capital efficiency for EQNR.

EQNR

Energy industry group

27.57%

Max
53.85%
EQNR
27.57%
Q3
24.79%
Median
12.85%
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%
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Equinor (EQNR) vs. Kinder Morgan (KMI): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

Both Equinor (EQNR) at 9.79% 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.

EQNR

Energy industry group

9.79%

Max
56.92%
Q3
22.92%
Median
10.10%
EQNR
9.79%
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%
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Equinor (EQNR) vs. Kinder Morgan (KMI): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

Equinor (EQNR) at 37.00% operates in the top operating margin quartile, ahead of Kinder Morgan (KMI) at 24.03%, which runs around its industry’s norm.

EQNR

Energy industry group

37.00%

Max
71.31%
EQNR
37.00%
Q3
33.75%
Median
18.73%
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%
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Equinor (EQNR) vs. Kinder Morgan (KMI): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for Equinor (EQNR) and Kinder Morgan (KMI)
MetricEQNRKMI
ROE (TTM)27.57%11.43%
ROA (TTM)17.10%4.44%
Net Margin (TTM)9.79%19.64%
Operating Margin (TTM)37.00%24.03%
Gross Margin (TTM)43.18%48.65%

Growth

Revenue Growth

Both Equinor (EQNR) at 3.24% and Kinder Morgan (KMI) at 12.17% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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Equinor (EQNR) vs. Kinder Morgan (KMI): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Equinor (EQNR) at -37.62% and Kinder Morgan (KMI) at 17.09% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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Equinor (EQNR) vs. Kinder Morgan (KMI): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Equinor (EQNR) and Kinder Morgan (KMI)
MetricEQNRKMI
Revenue Growth (YoY)3.24%12.17%
Revenue Growth (3Y CAGR)-10.78%-4.09%
EPS Growth (YoY)-37.62%17.09%
EPS Growth (3Y CAGR)-40.11%6.95%

Financial Strength

Current Ratio (MRQ)

Equinor (EQNR) at 1.18 keeps current ratio within its industry’s typical mid-range, while Kinder Morgan (KMI) at 0.67 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for KMI.

EQNR

Energy industry group

1.18

Max
3.64
Q3
2.21
Median
1.41
EQNR
1.18
Q1
0.88
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
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Equinor (EQNR) vs. Kinder Morgan (KMI): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

Equinor (EQNR) at 0.66 carries an industry-typical debt-to-equity mix, while Kinder Morgan (KMI) at 1.02 uses more debt funding than most peers.

EQNR

Energy industry group

0.66

Max
1.75
Q3
0.93
EQNR
0.66
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
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Equinor (EQNR) vs. Kinder Morgan (KMI): A comparison of their debt-to-equity ratio against the Energy industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Equinor (EQNR) and Kinder Morgan (KMI)
MetricEQNRKMI
Current Ratio (MRQ)1.180.67
Debt / Equity (MRQ)0.661.02
Net Debt / EBITDA0.124.23

Dividends

Dividend Yield (TTM)

Both Equinor (EQNR) at 3.67% and Kinder Morgan (KMI) at 3.93% offer top-quartile dividend income relative to share price within their industries.

EQNR

Energy industry group

3.67%

Max
8.57%
EQNR
3.67%
Q3
3.58%
Median
1.71%
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%
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Equinor (EQNR) vs. Kinder Morgan (KMI): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

Equinor (EQNR) at 31.54% pays out a band-typical share of earnings, while Kinder Morgan (KMI) at 72.84% distributes more than its industry norm — less retained, thinner cover.

EQNR

Energy industry group

31.54%

Max
133.24%
Q3
53.31%
EQNR
31.54%
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%
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Equinor (EQNR) vs. Kinder Morgan (KMI): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for Equinor (EQNR) and Kinder Morgan (KMI)
MetricEQNRKMI
Dividend Yield (TTM)3.67%3.93%
Dividend Payout Ratio (TTM)31.54%72.84%

Valuation

P/E Ratio (TTM)

Both Equinor (EQNR) at 8.71 and Kinder Morgan (KMI) at 18.49 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

EQNR

Energy industry group

8.71

Max
39.54
Q3
21.72
Median
12.19
EQNR
8.71
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
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Equinor (EQNR) vs. Kinder Morgan (KMI): A comparison of their P/E ratio against the Energy industry group benchmark.

P/S Ratio (TTM)

Equinor (EQNR) at 0.82 looks cheap on sales in the lower P/S ratio quartile, while Kinder Morgan (KMI) at 3.64 looks rich in the upper quartile — a clear gap in price per dollar of revenue.

EQNR

Energy industry group

0.82

Max
5.40
Q3
2.85
Median
1.69
Q1
0.88
EQNR
0.82
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
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Equinor (EQNR) vs. Kinder Morgan (KMI): A comparison of their P/S ratio against the Energy industry group benchmark.

P/B Ratio (MRQ)

Kinder Morgan (KMI) at 2.11 sits near its industry’s typical P/B ratio, while Equinor (EQNR) at 4.44 prices above its benchmark range — EQNR looks rich relative to book.

EQNR

Energy industry group

4.44

EQNR
4.44
Max
4.21
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
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Equinor (EQNR) vs. Kinder Morgan (KMI): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for Equinor (EQNR) and Kinder Morgan (KMI)
MetricEQNRKMI
P/E Ratio (TTM)8.7118.49
P/S Ratio (TTM)0.823.64
P/B Ratio (MRQ)4.442.11
Free Cash Flow Yield (TTM)32.55%1.61%