Kinder Morgan vs Targa Resources
Kinder Morgan and Targa Resources are similar in size: $16.94bn and $17.03bn of revenue in their latest fiscal years. Kinder Morgan grew faster (12.2% against 3.9%). Kinder Morgan kept more of each dollar of sales as profit: a net margin of 18.0% against 11.3%.
| Latest fiscal year | Kinder MorganKMI, 2025 | Targa ResourcesTRGP, 2025 |
|---|---|---|
| Revenue | $16.94bn | $17.03bn |
| Revenue growth | 12.2% | 3.9% |
| Net income | $3.06bn | $1.92bn |
| Operating margin | — | — |
| Net margin | 18.0% | 11.3% |
| Return on equity | 9.9% | 67.9% |
| Free cash flow | $2.89bn | $584m |
| Cash | $63.0m | $166m |
| Total debt | $32.00bn | $17.43bn |
| Debt to equity | — | — |
| Dividend per share | $1.17 | — |
| Dividend yield | 3.6% | — |
| Share buybacks | $0 | $642m |
| Employees | — | 3,570 |
| Market value | $73.60bn | $64.14bn |
| Price vs our value range | Above our value range | — |
| Moat score | 64 (Moderate) | 36 (Weak) |
| Insider trades, 12 months | 1 buys, 19 sales | 0 buys, 25 sales |