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Kinder Morgan vs The Williams Companies: Which Stock Looks Stronger in 2026?

The structural profiles are close, with The Williams Companies carrying a narrow edge on profitability. Kinder Morgan still has the edge on valuation, which keeps the comparison from looking entirely one-sided. The market setup is broadly comparable for both — no clear directional signal from price behavior. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels.

Updated 2026-04-05

Most of the lead runs through profitability, while growth acts as a real counterweight.

INDUSTRY COMPARISON

Both operate in: Oil & Gas Midstream

This comparison is based on industry proximity, not on functional trajectory similarity. KMI and WMB share the same industry classification.

For a similarity-based comparison, see how Kinder Morgan and The Williams Companies each position within their functional peer groups in AssetNext.

Peer-Relative Score
KMI
Kinder Morgan, Inc.
60
Peer-Score
Signal qualityMedium
vs
WMB
The Williams Companies, Inc.
62
Peer-Score
Signal qualityMedium

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The largest gaps do not all point in the same direction.

Dimension spread: KMI vs WMB Profitability 36 55 Stability 75 83 Valuation 67 50 Growth 72 69 KMI WMB
Gap Ranking
#1 Profitability +19
#2 Valuation +17
#3 Stability +8
#4 Growth +3
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for KMI and WMB Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer KMIWMB Relative valuation Structural strength

The Williams Companies, Inc. occupies the cheaper side of the setup map, although Kinder Morgan, Inc. still holds the stronger structural profile.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Relative Position vs Comparable Companies
Profitability
On profitability, The Williams Companies, Inc. is positioned higher in the group, while Kinder Morgan, Inc. is closer to the middle.
Valuation
Both rank well on valuation, but Kinder Morgan, Inc. still sits higher.
Profitability — Dominant Gap
KMI
36
WMB
55
Gap+19in favour of WMB

The profitability lead is mainly driven by a 11-point operating margin advantage.

What keeps the gap from being one-sided

Absolute pricing still looks more supportive for Kinder Morgan, with a forward P/E that is 4.5 turns lower there.

What this means for the comparison

The lead is there, but one opposing signal still keeps the comparison balanced.

Explore full peer positioning in AssetNext

Break down the KMI vs WMB comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar profitability-and-valuation comparisons

Explore how KMI and WMB each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.