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KMI vs. PBA: Kinder Morgan vs. Pembina Pipeline Stock Comparison

How do Kinder Morgan (KMI) and Pembina Pipeline (PBA) 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

Kinder Morgan (KMI) and Pembina Pipeline (PBA) 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.

Company profile comparison for Kinder Morgan (KMI) and Pembina Pipeline (PBA)
Profile ItemKMIPBA
NameKinder Morgan Inc.Pembina Pipeline Corp.
Country/RegionUnited StatesCanada
GICS SectorEnergyEnergy
GICS Industry GroupEnergyEnergy
GICS IndustryOil, Gas & Consumable FuelsOil, Gas & Consumable Fuels
GICS Sub-IndustryOil & Gas Storage & TransportationOil & Gas Storage & Transportation
Market Capitalization66.74 billion USD28.08 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateFebruary 11, 2011October 6, 2010
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

KMI
PBA
GSPC
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Kinder Morgan (KMI) vs. Pembina Pipeline (PBA), 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 Kinder Morgan (KMI) and Pembina Pipeline (PBA). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Kinder Morgan (KMI) and Pembina Pipeline (PBA)
MetricKMIPBA
Total Return (1Y)19.50%35.84%
Total Return (3Y, Annualized)29.33%20.26%
Total Return (5Y, Annualized)18.80%12.46%

Risk Profile

Drawdown History

KMI
PBA
GSPC
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Kinder Morgan (KMI) vs. Pembina Pipeline (PBA), 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 Kinder Morgan (KMI) and Pembina Pipeline (PBA). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Kinder Morgan (KMI) is heavily traded at around 12.88M shares per day, whereas Pembina Pipeline (PBA) sees a more moderate 993.87K — larger orders in the latter may require more patience and tighter control over order sizing.

Risk profile metrics for Kinder Morgan (KMI) and Pembina Pipeline (PBA)
MetricKMIPBA
Volatility (1Y, Annualized)22.00%20.43%
Beta (5Y)0.600.59
Max Drawdown (5Y)-20.31%-27.37%
Avg. Volume (3M)12.88M993.87K

Risk-Adjusted Performance

Risk-Return Positioning

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KMI and PBA 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 Kinder Morgan (KMI) and Pembina Pipeline (PBA)
MetricKMIPBA
Sharpe Ratio (1Y)0.691.54
Sortino Ratio (1Y)1.012.32

Profitability

ROE (TTM)

Both Kinder Morgan (KMI) at 11.43% and Pembina Pipeline (PBA) at 12.10% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

KMI

Energy industry group

11.43%

Max
53.85%
Q3
24.79%
Median
12.85%
KMI
11.43%
Q1
2.03%
Min
-29.09%

PBA

Energy industry group

12.10%

Max
53.85%
Q3
24.79%
Median
12.85%
PBA
12.10%
Q1
2.03%
Min
-29.09%
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Kinder Morgan (KMI) vs. Pembina Pipeline (PBA): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

Pembina Pipeline (PBA) at 24.78% retains a top-quartile share of revenue as profit, ahead of Kinder Morgan (KMI) at 19.64%, which keeps about the industry-typical share.

KMI

Energy industry group

19.64%

Max
56.92%
Q3
22.92%
KMI
19.64%
Median
10.10%
Q1
0.07%
Min
-27.38%

PBA

Energy industry group

24.78%

Max
56.92%
PBA
24.78%
Q3
22.92%
Median
10.10%
Q1
0.07%
Min
-27.38%
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Kinder Morgan (KMI) vs. Pembina Pipeline (PBA): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

Both Kinder Morgan (KMI) at 24.03% and Pembina Pipeline (PBA) at 32.63% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

KMI

Energy industry group

24.03%

Max
71.31%
Q3
33.75%
KMI
24.03%
Median
18.73%
Q1
6.94%
Min
-24.52%

PBA

Energy industry group

32.63%

Max
71.31%
Q3
33.75%
PBA
32.63%
Median
18.73%
Q1
6.94%
Min
-24.52%
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Kinder Morgan (KMI) vs. Pembina Pipeline (PBA): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for Kinder Morgan (KMI) and Pembina Pipeline (PBA)
MetricKMIPBA
ROE (TTM)11.43%12.10%
ROA (TTM)4.44%4.65%
Net Margin (TTM)19.64%24.78%
Operating Margin (TTM)24.03%32.63%
Gross Margin (TTM)48.65%38.23%

Growth

Revenue Growth

Both Kinder Morgan (KMI) at 12.17% and Pembina Pipeline (PBA) at 5.34% 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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Kinder Morgan (KMI) vs. Pembina Pipeline (PBA): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Kinder Morgan (KMI) at 17.09% and Pembina Pipeline (PBA) at -11.33% 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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Kinder Morgan (KMI) vs. Pembina Pipeline (PBA): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Kinder Morgan (KMI) and Pembina Pipeline (PBA)
MetricKMIPBA
Revenue Growth (YoY)12.17%5.34%
Revenue Growth (3Y CAGR)-4.09%-12.50%
EPS Growth (YoY)17.09%-11.33%
EPS Growth (3Y CAGR)6.95%-19.61%

Financial Strength

Current Ratio (MRQ)

Both Kinder Morgan (KMI) at 0.67 and Pembina Pipeline (PBA) at 0.75 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

KMI

Energy industry group

0.67

Max
3.64
Q3
2.21
Median
1.41
Q1
0.88
KMI
0.67
Min
0.24

PBA

Energy industry group

0.75

Max
3.64
Q3
2.21
Median
1.41
Q1
0.88
PBA
0.75
Min
0.24
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Kinder Morgan (KMI) vs. Pembina Pipeline (PBA): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

Pembina Pipeline (PBA) at 0.80 carries an industry-typical debt-to-equity mix, while Kinder Morgan (KMI) at 1.02 uses more debt funding than most peers.

KMI

Energy industry group

1.02

Max
1.75
KMI
1.02
Q3
0.93
Median
0.54
Q1
0.30
Min
0.00

PBA

Energy industry group

0.80

Max
1.75
Q3
0.93
PBA
0.80
Median
0.54
Q1
0.30
Min
0.00
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Kinder Morgan (KMI) vs. Pembina Pipeline (PBA): A comparison of their debt-to-equity ratio against the Energy industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Kinder Morgan (KMI) and Pembina Pipeline (PBA)
MetricKMIPBA
Current Ratio (MRQ)0.670.75
Debt / Equity (MRQ)1.020.80
Net Debt / EBITDA4.233.74

Dividends

Dividend Yield (TTM)

Both Kinder Morgan (KMI) at 3.93% and Pembina Pipeline (PBA) at 6.13% offer top-quartile dividend income relative to share price within their industries.

KMI

Energy industry group

3.93%

Max
8.57%
KMI
3.93%
Q3
3.58%
Median
1.71%
Q1
0.00%
Min
0.00%

PBA

Energy industry group

6.13%

Max
8.57%
PBA
6.13%
Q3
3.58%
Median
1.71%
Q1
0.00%
Min
0.00%
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Kinder Morgan (KMI) vs. Pembina Pipeline (PBA): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

Both Kinder Morgan (KMI) at 72.84% and Pembina Pipeline (PBA) at 86.79% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.

KMI

Energy industry group

72.84%

Max
133.24%
KMI
72.84%
Q3
53.31%
Median
25.24%
Q1
0.00%
Min
0.00%

PBA

Energy industry group

86.79%

Max
133.24%
PBA
86.79%
Q3
53.31%
Median
25.24%
Q1
0.00%
Min
0.00%
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Kinder Morgan (KMI) vs. Pembina Pipeline (PBA): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for Kinder Morgan (KMI) and Pembina Pipeline (PBA)
MetricKMIPBA
Dividend Yield (TTM)3.93%6.13%
Dividend Payout Ratio (TTM)72.84%86.79%

Valuation

P/E Ratio (TTM)

Both Kinder Morgan (KMI) at 18.49 and Pembina Pipeline (PBA) at 20.12 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

KMI

Energy industry group

18.49

Max
39.54
Q3
21.72
KMI
18.49
Median
12.19
Q1
7.71
Min
2.99

PBA

Energy industry group

20.12

Max
39.54
Q3
21.72
PBA
20.12
Median
12.19
Q1
7.71
Min
2.99
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Kinder Morgan (KMI) vs. Pembina Pipeline (PBA): A comparison of their P/E ratio against the Energy industry group benchmark.

P/S Ratio (TTM)

Both Kinder Morgan (KMI) at 3.64 and Pembina Pipeline (PBA) at 3.36 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.

KMI

Energy industry group

3.64

Max
5.40
KMI
3.64
Q3
2.85
Median
1.69
Q1
0.88
Min
0.00

PBA

Energy industry group

3.36

Max
5.40
PBA
3.36
Q3
2.85
Median
1.69
Q1
0.88
Min
0.00
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Kinder Morgan (KMI) vs. Pembina Pipeline (PBA): A comparison of their P/S ratio against the Energy industry group benchmark.

P/B Ratio (MRQ)

Kinder Morgan (KMI) at 2.11 is valued about in line with its industry on P/B ratio, while Pembina Pipeline (PBA) at 2.55 carries an above-peer premium to book — PBA is pricier on assets.

KMI

Energy industry group

2.11

Max
4.21
Q3
2.38
KMI
2.11
Median
1.51
Q1
1.08
Min
0.01

PBA

Energy industry group

2.55

Max
4.21
PBA
2.55
Q3
2.38
Median
1.51
Q1
1.08
Min
0.01
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Kinder Morgan (KMI) vs. Pembina Pipeline (PBA): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for Kinder Morgan (KMI) and Pembina Pipeline (PBA)
MetricKMIPBA
P/E Ratio (TTM)18.4920.12
P/S Ratio (TTM)3.643.36
P/B Ratio (MRQ)2.112.55
Free Cash Flow Yield (TTM)1.61%5.53%