KMI vs. OKE: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at KMI and OKE, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Overview
KMI’s market capitalization stands at 63.13 billion USD, while OKE’s is 51.31 billion USD, indicating their market valuations are broadly comparable.
With betas of 0.75 for KMI and 0.93 for OKE, both stocks show similar sensitivity to overall market movements.
| Symbol | KMI | OKE |
|---|---|---|
| Company Name | Kinder Morgan, Inc. | ONEOK, Inc. |
| Country | US | US |
| Sector | Energy | Energy |
| Industry | Oil & Gas Midstream | Oil & Gas Midstream |
| CEO | Kimberly Allen Dang | Pierce H. Norton II |
| Price | 28.41 USD | 82.14 USD |
| Market Cap | 63.13 billion USD | 51.31 billion USD |
| Beta | 0.75 | 0.93 |
| Exchange | NYSE | NYSE |
| IPO Date | February 11, 2011 | October 1, 1980 |
| ADR | No | No |
Historical Performance
This chart compares the performance of KMI and OKE by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period.
Data is adjusted for dividends and splits.
Profitability
Return on Equity
KMI
8.48%
Oil & Gas Midstream Industry
- Max
- 27.45%
- Q3
- 19.75%
- Median
- 15.01%
- Q1
- 8.48%
- Min
- 0.13%
KMI’s Return on Equity of 8.48% is on par with the norm for the Oil & Gas Midstream industry, indicating its profitability relative to shareholder equity is typical for the sector.
OKE
16.85%
Oil & Gas Midstream Industry
- Max
- 27.45%
- Q3
- 19.75%
- Median
- 15.01%
- Q1
- 8.48%
- Min
- 0.13%
OKE’s Return on Equity of 16.85% is on par with the norm for the Oil & Gas Midstream industry, indicating its profitability relative to shareholder equity is typical for the sector.
Return on Invested Capital
KMI
4.96%
Oil & Gas Midstream Industry
- Max
- 20.30%
- Q3
- 12.39%
- Median
- 8.75%
- Q1
- 4.96%
- Min
- -1.77%
KMI’s Return on Invested Capital of 4.96% is in line with the norm for the Oil & Gas Midstream industry, reflecting a standard level of efficiency in generating profits from its capital base.
OKE
6.50%
Oil & Gas Midstream Industry
- Max
- 20.30%
- Q3
- 12.39%
- Median
- 8.75%
- Q1
- 4.96%
- Min
- -1.77%
OKE’s Return on Invested Capital of 6.50% is in line with the norm for the Oil & Gas Midstream industry, reflecting a standard level of efficiency in generating profits from its capital base.
Net Profit Margin
KMI
16.65%
Oil & Gas Midstream Industry
- Max
- 48.08%
- Q3
- 33.02%
- Median
- 18.32%
- Q1
- 10.29%
- Min
- -20.98%
KMI’s Net Profit Margin of 16.65% is aligned with the median group of its peers in the Oil & Gas Midstream industry. This indicates its ability to convert revenue into profit is typical for the sector.
OKE
12.15%
Oil & Gas Midstream Industry
- Max
- 48.08%
- Q3
- 33.02%
- Median
- 18.32%
- Q1
- 10.29%
- Min
- -20.98%
OKE’s Net Profit Margin of 12.15% is aligned with the median group of its peers in the Oil & Gas Midstream industry. This indicates its ability to convert revenue into profit is typical for the sector.
Operating Profit Margin
KMI
27.73%
Oil & Gas Midstream Industry
- Max
- 64.83%
- Q3
- 39.12%
- Median
- 32.11%
- Q1
- 12.82%
- Min
- -13.33%
KMI’s Operating Profit Margin of 27.73% is around the midpoint for the Oil & Gas Midstream industry, indicating that its efficiency in managing core business operations is typical for the sector.
OKE
20.61%
Oil & Gas Midstream Industry
- Max
- 64.83%
- Q3
- 39.12%
- Median
- 32.11%
- Q1
- 12.82%
- Min
- -13.33%
OKE’s Operating Profit Margin of 20.61% is around the midpoint for the Oil & Gas Midstream industry, indicating that its efficiency in managing core business operations is typical for the sector.
Profitability at a Glance
| Symbol | KMI | OKE |
|---|---|---|
| Return on Equity (TTM) | 8.48% | 16.85% |
| Return on Assets (TTM) | 3.57% | 4.72% |
| Return on Invested Capital (TTM) | 4.96% | 6.50% |
| Net Profit Margin (TTM) | 16.65% | 12.15% |
| Operating Profit Margin (TTM) | 27.73% | 20.61% |
| Gross Profit Margin (TTM) | 49.73% | 28.61% |
Financial Strength
Current Ratio
KMI
0.45
Oil & Gas Midstream Industry
- Max
- 2.76
- Q3
- 1.64
- Median
- 1.11
- Q1
- 0.78
- Min
- 0.40
KMI’s Current Ratio of 0.45 falls into the lower quartile for the Oil & Gas Midstream industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.
OKE
0.67
Oil & Gas Midstream Industry
- Max
- 2.76
- Q3
- 1.64
- Median
- 1.11
- Q1
- 0.78
- Min
- 0.40
OKE’s Current Ratio of 0.67 falls into the lower quartile for the Oil & Gas Midstream industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.
Debt-to-Equity Ratio
KMI
1.07
Oil & Gas Midstream Industry
- Max
- 3.10
- Q3
- 2.20
- Median
- 1.02
- Q1
- 0.51
- Min
- 0.03
KMI’s Debt-to-Equity Ratio of 1.07 is typical for the Oil & Gas Midstream industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
OKE
1.50
Oil & Gas Midstream Industry
- Max
- 3.10
- Q3
- 2.20
- Median
- 1.02
- Q1
- 0.51
- Min
- 0.03
OKE’s Debt-to-Equity Ratio of 1.50 is typical for the Oil & Gas Midstream industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
Interest Coverage Ratio
KMI
9.28
Oil & Gas Midstream Industry
- Max
- 9.28
- Q3
- 5.34
- Median
- 4.10
- Q1
- 2.04
- Min
- -0.53
KMI’s Interest Coverage Ratio of 9.28 is in the upper quartile for the Oil & Gas Midstream industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.
OKE
4.80
Oil & Gas Midstream Industry
- Max
- 9.28
- Q3
- 5.34
- Median
- 4.10
- Q1
- 2.04
- Min
- -0.53
OKE’s Interest Coverage Ratio of 4.80 is positioned comfortably within the norm for the Oil & Gas Midstream industry, indicating a standard and healthy capacity to cover its interest payments.
Financial Strength at a Glance
| Symbol | KMI | OKE |
|---|---|---|
| Current Ratio (TTM) | 0.45 | 0.67 |
| Quick Ratio (TTM) | 0.35 | 0.52 |
| Debt-to-Equity Ratio (TTM) | 1.07 | 1.50 |
| Debt-to-Asset Ratio (TTM) | 0.45 | 0.50 |
| Net Debt-to-EBITDA Ratio (TTM) | 5.98 | 4.67 |
| Interest Coverage Ratio (TTM) | 9.28 | 4.80 |
Growth
The following charts compare key year-over-year (YoY) growth metrics for KMI and OKE. These metrics are based on the companies’ annual financial reports.
Revenue Growth
Earnings Per Share (EPS) Growth
Free Cash Flow Growth
Dividend
Dividend Yield
KMI
4.07%
Oil & Gas Midstream Industry
- Max
- 24.20%
- Q3
- 7.64%
- Median
- 5.85%
- Q1
- 3.72%
- Min
- 0.00%
KMI’s Dividend Yield of 4.07% is consistent with its peers in the Oil & Gas Midstream industry, providing a dividend return that is standard for its sector.
OKE
4.92%
Oil & Gas Midstream Industry
- Max
- 24.20%
- Q3
- 7.64%
- Median
- 5.85%
- Q1
- 3.72%
- Min
- 0.00%
OKE’s Dividend Yield of 4.92% is consistent with its peers in the Oil & Gas Midstream industry, providing a dividend return that is standard for its sector.
Dividend Payout Ratio
KMI
99.38%
Oil & Gas Midstream Industry
- Max
- 183.04%
- Q3
- 113.22%
- Median
- 89.17%
- Q1
- 62.10%
- Min
- 0.00%
KMI’s Dividend Payout Ratio of 99.38% is within the typical range for the Oil & Gas Midstream industry, suggesting a balanced approach between shareholder payouts and company reinvestment.
OKE
78.43%
Oil & Gas Midstream Industry
- Max
- 183.04%
- Q3
- 113.22%
- Median
- 89.17%
- Q1
- 62.10%
- Min
- 0.00%
OKE’s Dividend Payout Ratio of 78.43% is within the typical range for the Oil & Gas Midstream industry, suggesting a balanced approach between shareholder payouts and company reinvestment.
Dividend at a Glance
| Symbol | KMI | OKE |
|---|---|---|
| Dividend Yield (TTM) | 4.07% | 4.92% |
| Dividend Payout Ratio (TTM) | 99.38% | 78.43% |
Valuation
Price-to-Earnings Ratio
KMI
24.43
Oil & Gas Midstream Industry
- Max
- 33.49
- Q3
- 20.27
- Median
- 13.12
- Q1
- 10.61
- Min
- 3.06
A P/E Ratio of 24.43 places KMI in the upper quartile for the Oil & Gas Midstream industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.
OKE
16.56
Oil & Gas Midstream Industry
- Max
- 33.49
- Q3
- 20.27
- Median
- 13.12
- Q1
- 10.61
- Min
- 3.06
OKE’s P/E Ratio of 16.56 is within the middle range for the Oil & Gas Midstream industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.
Forward P/E to Growth Ratio
KMI
2.90
Oil & Gas Midstream Industry
- Max
- 5.02
- Q3
- 2.74
- Median
- 2.00
- Q1
- 0.54
- Min
- 0.09
The Forward PEG Ratio is often not a primary valuation metric in the Oil & Gas Midstream industry.
OKE
1.76
Oil & Gas Midstream Industry
- Max
- 5.02
- Q3
- 2.74
- Median
- 2.00
- Q1
- 0.54
- Min
- 0.09
The Forward PEG Ratio is often not a primary valuation metric in the Oil & Gas Midstream industry.
Price-to-Sales Ratio
KMI
4.07
Oil & Gas Midstream Industry
- Max
- 7.61
- Q3
- 4.05
- Median
- 2.30
- Q1
- 1.19
- Min
- 0.08
KMI’s P/S Ratio of 4.07 is in the upper echelon for the Oil & Gas Midstream industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.
OKE
2.06
Oil & Gas Midstream Industry
- Max
- 7.61
- Q3
- 4.05
- Median
- 2.30
- Q1
- 1.19
- Min
- 0.08
OKE’s P/S Ratio of 2.06 aligns with the market consensus for the Oil & Gas Midstream industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
Price-to-Book Ratio
KMI
2.06
Oil & Gas Midstream Industry
- Max
- 4.33
- Q3
- 2.57
- Median
- 1.77
- Q1
- 1.02
- Min
- 0.31
KMI’s P/B Ratio of 2.06 is within the conventional range for the Oil & Gas Midstream industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
OKE
2.35
Oil & Gas Midstream Industry
- Max
- 4.33
- Q3
- 2.57
- Median
- 1.77
- Q1
- 1.02
- Min
- 0.31
OKE’s P/B Ratio of 2.35 is within the conventional range for the Oil & Gas Midstream industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
Valuation at a Glance
| Symbol | KMI | OKE |
|---|---|---|
| Price-to-Earnings Ratio (P/E, TTM) | 24.43 | 16.56 |
| Forward PEG Ratio (TTM) | 2.90 | 1.76 |
| Price-to-Sales Ratio (P/S, TTM) | 4.07 | 2.06 |
| Price-to-Book Ratio (P/B, TTM) | 2.06 | 2.35 |
| Price-to-Free Cash Flow Ratio (P/FCF, TTM) | 22.86 | 16.75 |
| EV-to-EBITDA (TTM) | 17.49 | 12.18 |
| EV-to-Sales (TTM) | 6.18 | 3.33 |