Kinder Morgan vs Cheniere Energy
Cheniere Energy is the larger business, with $19.98bn of revenue in fiscal 2025 against $16.94bn for Kinder Morgan (1.2 times as much). Cheniere Energy grew faster (27.2% against 12.2%). Cheniere Energy kept more of each dollar of sales as profit: a net margin of 26.7% against 18.0%.
| Latest fiscal year | Kinder MorganKMI, 2025 | Cheniere EnergyLNG, 2025 |
|---|---|---|
| Revenue | $16.94bn | $19.98bn |
| Revenue growth | 12.2% | 27.2% |
| Net income | $3.06bn | $5.33bn |
| Operating margin | — | 45.6% |
| Net margin | 18.0% | 26.7% |
| Return on equity | 9.9% | 78.3% |
| Free cash flow | $2.89bn | $2.46bn |
| Cash | $63.0m | $1.10bn |
| Total debt | $32.00bn | $23.00bn |
| Debt to equity | — | 290.5% |
| Dividend per share | $1.17 | — |
| Dividend yield | 3.6% | 0.7% |
| Share buybacks | $0 | $2.72bn |
| Employees | — | 1,717 |
| Market value | $73.60bn | $64.66bn |
| Price vs our value range | Above our value range | — |
| Moat score | 64 (Moderate) | 51 (Moderate) |
| Insider trades, 12 months | 1 buys, 19 sales | 2 buys, 7 sales |