Kinder Morgan vs Williams (KMI vs WMB)
Kinder Morgan (KMI) vs Williams (WMB) in plain English: P/E, growth, margins, debt and dividend side by side, key differences and which fits each investor profile.
Kinder Morgan (KMI) and Williams (WMB) compete in oil and gas. Here are Kinder Morgan and Williams side by side with their real figures as of November 4, 2026: what sets them apart, which fits each kind of investor and the most common questions, without telling you whether to buy Kinder Morgan or Williams.
Kinder Morgan vs Williams: the figures
| Figure | Kinder Morgan | Williams |
|---|---|---|
| Share price | $31.52 (November 4, 2026) | $67.86 (November 4, 2026) |
| Market cap | $70.2 billion | $84.8 billion |
| P/E (TTM) | 19.5x | 26.7x |
| Forward P/E | 20.4x | 25.9x |
| Revenue growth (quarter) | +9.3% | +12.3% |
| Net margin (TTM) | 19.6% | 24.7% |
| Net debt / EBITDA | 4.2x | 4.6x |
| Dividend yield | 3.62% | 2.90% |
| Beta | 0.57 | 0.63 |
Kinder Morgan and Williams figures from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026; N/A means that Kinder Morgan or Williams figure is not available, and we never estimate it.
3 key differences between Kinder Morgan and Williams
- Valuation: Williams trades at 26.7x its annual earnings and Kinder Morgan at 19.5x; the market pays more for each dollar of Williams profit, usually because it expects more growth.
- Profitability: for every 100 of sales, Williams keeps 24.7 as net profit and Kinder Morgan keeps 19.6.
- Dividend: Kinder Morgan yields 3.62% at today's price and Williams yields 2.90%.
Kinder Morgan or Williams: which fits your profile
- If you want growth: Williams is growing faster today, so it fits better with investors who put business growth first, usually accepting a higher P/E and a bumpier ride.
- If you want income (dividends): Kinder Morgan pays the higher dividend relative to its price.
- If you prefer caution: Kinder Morgan has less debt relative to its profit, which usually gives more room in a bad year.
- If price is what matters most to you: Kinder Morgan trades on the lower P/E; check first whether that is an opportunity or a sign of a business that grows less.
Neither Kinder Morgan nor Williams wins on everything, and owning both is also an option: spreading money across several companies or an index fund reduces what rides on each one.
How Kinder Morgan and Williams make money
Kinder Morgan (KMI)
Kinder Morgan operates natural gas pipelines, refined products pipelines and storage terminals across the United States. Natural Gas Pipelines is its largest segment, followed by Products Pipelines, Terminals and a carbon dioxide business. Most earnings come from fees for moving and storing energy, which are less tied to commodity prices. Full Kinder Morgan analysis.
Williams (WMB)
Williams Companies moves natural gas through pipelines like Transco, which supplies the U.S. East Coast, and also processes and stores it. Its business spans transmission, gathering and processing in the Northeast and West, and gas marketing. Most revenue comes from regulated or long-term contracted fees with little exposure to gas prices. Full Williams analysis.
Frequently asked questions: Kinder Morgan vs Williams
Is Kinder Morgan or Williams the better stock?
Choosing between Kinder Morgan and Williams depends on what you are looking for. Williams is growing faster right now, and Kinder Morgan trades on the lower P/E. Fintols does not tell you whether to buy Kinder Morgan or Williams: it shows you the differences so you can decide.
Which pays a higher dividend, Kinder Morgan or Williams?
As of November 4, 2026, Kinder Morgan yields 3.62% and Williams yields 2.90%. Also check how much of their profit Kinder Morgan and Williams pay out: if it is more than they earn, it cannot last.
Which is more expensive, Kinder Morgan or Williams?
On P/E, Williams (26.7x) is more expensive than Kinder Morgan (19.5x) as of November 4, 2026. A higher P/E can be justified if earnings grow faster, so compare it with each company's growth in the table.
Can I own both Kinder Morgan and Williams?
Yes. Many people spread their money across several companies, such as Kinder Morgan and Williams, or use index funds so they do not depend on just one. If you are starting out, decide how much you want to invest and for how long before buying Kinder Morgan or Williams.
More comparisons with Kinder Morgan or Williams
More companies like Kinder Morgan and Williams: oil and gas stocks. Educational content about Kinder Morgan and Williams, not investment advice.