BKR vs. KMI
BKR (Baker Hughes Company) and KMI (Kinder Morgan, Inc.) are both stocks. Both are in the Energy sector — BKR in Oil & Gas Equipment & Services, KMI in Oil & Gas Midstream. Over the past 5 years, BKR returned 22.94%/yr vs 19.09%/yr for KMI. A 0.53 correlation means they provide meaningful diversification when combined.
Performance
BKR vs. KMI - Performance Comparison
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Returns By Period
In the year-to-date period, BKR achieves a 29.77% return, which is significantly higher than KMI's 22.90% return.
BKR
- 1D
- -0.79%
- 1M
- -11.17%
- YTD
- 29.77%
- 6M
- 30.78%
- 1Y
- 57.79%
- 3Y*
- 28.13%
- 5Y*
- 22.94%
- 10Y*
- —
KMI
- 1D
- 0.90%
- 1M
- -1.88%
- YTD
- 22.90%
- 6M
- 23.85%
- 1Y
- 22.92%
- 3Y*
- 33.24%
- 5Y*
- 19.09%
- 10Y*
- 11.83%
BKR vs. KMI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BKR Baker Hughes Company | 29.77% | 13.39% | 23.11% | 18.58% | 25.96% | 19.03% | -15.15% | 23.01% | -30.43% | -21.62% |
KMI Kinder Morgan, Inc. | 22.90% | 4.74% | 64.42% | 4.10% | 21.23% | 23.75% | -30.77% | 44.43% | -11.18% | -6.21% |
Correlation
The correlation between BKR and KMI is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Jul 5, 2017 | 0.53 |
Over the past year, the correlation between BKR and KMI has dropped to 0.22 - well below their long-term average of 0.53, suggesting their price drivers have been diverging.
Fundamentals
BKR:
$58.45B
KMI:
$72.40B
BKR:
$3.14
KMI:
$1.53
BKR:
18.70
KMI:
21.27
BKR:
0.10
KMI:
1.30
BKR:
2.09
KMI:
4.13
BKR:
2.65
KMI:
2.31
BKR:
$27.89B
KMI:
$17.52B
BKR:
$6.57B
KMI:
$5.86B
BKR:
$4.20B
KMI:
$6.90B
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Return for Risk
BKR vs. KMI — Risk / Return Rank
BKR
KMI
BKR vs. KMI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Baker Hughes Company (BKR) and Kinder Morgan, Inc. (KMI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BKR | KMI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.62 | ||
| Sortino ratioReturn per unit of downside risk | +0.85 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.20 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 3.45 | 2.07 | +1.37 |
| Martin ratioReturn relative to average drawdown | 9.68 | 4.05 | +5.63 |
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Drawdowns
BKR vs. KMI - Drawdown Comparison
The maximum BKR drawdown since its inception was -75.38%, roughly equal to the maximum KMI drawdown of -72.70%. Use the drawdown chart below to compare losses from any high point for BKR and KMI.
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Drawdown Indicators
| BKR | KMI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.38% | -72.70% | -2.68% |
Max Drawdown (1Y)Largest decline over 1 year | -16.86% | -11.11% | -5.75% |
Max Drawdown (3Y)Largest decline over 3 years | -28.00% | -18.40% | -9.60% |
Max Drawdown (5Y)Largest decline over 5 years | -46.53% | -20.31% | -26.22% |
Max Drawdown (10Y)Largest decline over 10 years | — | -55.13% | — |
Current DrawdownCurrent decline from peak | -15.49% | -3.36% | -12.13% |
Average DrawdownAverage peak-to-trough decline | -24.63% | -32.01% | +7.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.99% | 5.68% | +0.31% |
Volatility
BKR vs. KMI - Volatility Comparison
Baker Hughes Company (BKR) has a higher volatility of 11.00% compared to Kinder Morgan, Inc. (KMI) at 6.58%. This indicates that BKR's price experiences larger fluctuations and is considered to be riskier than KMI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BKR | KMI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.00% | 6.58% | +4.42% |
Volatility (6M)Calculated over the trailing 6-month period | 24.75% | 14.61% | +10.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.36% | 20.40% | +12.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.91% | 22.48% | +12.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.18% | 27.64% | +12.54% |
Dividends
BKR vs. KMI - Dividend Comparison
BKR's dividend yield for the trailing twelve months is around 1.57%, less than KMI's 5.44% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BKR Baker Hughes Company | 1.57% | 2.02% | 2.05% | 2.28% | 2.47% | 2.99% | 3.45% | 2.81% | 3.35% | 56.42% | 0.00% | 0.00% |
KMI Kinder Morgan, Inc. | 5.44% | 4.24% | 4.18% | 6.38% | 6.10% | 6.76% | 7.59% | 4.49% | 4.71% | 2.77% | 2.41% | 12.94% |
Financials
BKR vs. KMI - Financials Comparison
This section allows you to compare key financial metrics between Baker Hughes Company and Kinder Morgan, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
BKR vs. KMI - Profitability Comparison
BKR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Baker Hughes Company reported a gross profit of 1.50B and revenue of 6.59B. Therefore, the gross margin over that period was 22.8%.
KMI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Kinder Morgan, Inc. reported a gross profit of 0.00 and revenue of 4.83B. Therefore, the gross margin over that period was 0.0%.
BKR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Baker Hughes Company reported an operating income of 809.00M and revenue of 6.59B, resulting in an operating margin of 12.3%.
KMI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Kinder Morgan, Inc. reported an operating income of 1.44B and revenue of 4.83B, resulting in an operating margin of 29.9%.
BKR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Baker Hughes Company reported a net income of 930.00M and revenue of 6.59B, resulting in a net margin of 14.1%.
KMI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Kinder Morgan, Inc. reported a net income of 1.06B and revenue of 4.83B, resulting in a net margin of 22.0%.
Frequently Asked Questions
BKR and KMI have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BKR has higher volatility (11.00%) compared to KMI (6.58%). In terms of maximum drawdown, BKR dropped -75.38% vs KMI's -72.70%.
BKR currently has the higher Sharpe Ratio (1.75 vs 1.13), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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