CBT vs. KMI
CBT (Cabot Corporation) and KMI (Kinder Morgan, Inc.) are both stocks. CBT operates in Specialty Chemicals (Basic Materials), while KMI operates in Oil & Gas Midstream (Energy). Over the past 10 years, CBT returned 9.06%/yr vs 10.37%/yr for KMI. Their 0.40 correlation means their historical movements had little consistent relationship.
Performance
CBT vs. KMI - Performance Comparison
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Returns By Period
In the year-to-date period, CBT achieves a 34.32% return, which is significantly higher than KMI's 19.29% return. Over the past 10 years, CBT has underperformed KMI with an annualized return of 9.06%, while KMI has yielded a comparatively higher 10.37% annualized return.
CBT
- 1D
- -0.24%
- 1M
- 1.93%
- 6M
- 23.32%
- YTD
- 34.32%
- 1Y
- 25.21%
- 3Y*
- 9.92%
- 5Y*
- 12.21%
- 10Y*
- 9.06%
- ALL TIME*
- 8.73%
KMI
- 1D
- 1.64%
- 1M
- 0.37%
- 6M
- 7.55%
- YTD
- 19.29%
- 1Y
- 18.01%
- 3Y*
- 28.06%
- 5Y*
- 19.17%
- 10Y*
- 10.37%
- ALL TIME*
- 4.86%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $34.20M | $35.90M | $45.75M | |
| $379.13M | $306.76M | $325.97M |
CBT vs. KMI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CBT Cabot Corporation | 34.32% | -25.68% | 11.25% | 27.63% | 21.38% | 28.40% | -2.16% | 14.25% | -28.70% | 24.65% |
KMI Kinder Morgan, Inc. | 19.29% | 4.74% | 64.42% | 4.10% | 21.23% | 23.75% | -30.77% | 44.43% | -11.18% | -10.56% |
Correlation
The correlation between CBT and KMI is -0.06, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.06 |
Correlation (3Y) Balances recent behavior with more history. | 0.14 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.34 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.40 |
Correlation (All Time) Calculated using the full available price history since Feb 11, 2011 | 0.40 |
The correlation between CBT and KMI shifts across timeframes, from -0.06 (1 year) to 0.40 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
CBT:
$4.54B
KMI:
$71.66B
CBT:
$5.85
KMI:
$0.95
CBT:
15.04
KMI:
33.79
CBT:
0.82
KMI:
2.06
CBT:
1.30
KMI:
4.53
CBT:
$3.61B
KMI:
$11.85B
CBT:
$916.00M
KMI:
$5.16B
CBT:
$773.00M
KMI:
$5.61B
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Return for Risk
CBT vs. KMI — Risk / Return Rank
CBT
KMI
CBT vs. KMI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cabot Corporation (CBT) 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.
| CBT | KMI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.16 | ||
| Sortino ratioReturn per unit of downside risk | +0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.17 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.87 | 1.81 | -0.94 |
| Martin ratioReturn relative to average drawdown | 2.07 | 3.83 | -1.76 |
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Drawdowns
CBT vs. KMI - Drawdown Comparison
The maximum CBT drawdown since its inception was -82.87%, which is greater than KMI's maximum drawdown of -72.70%. Use the drawdown chart below to compare losses from any high point for CBT and KMI.
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Drawdown Indicators
| CBT | KMI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.87% | -72.70% | -10.17% |
Max Drawdown (1Y)Largest decline over 1 year | -28.82% | -10.08% | -18.74% |
Max Drawdown (3Y)Largest decline over 3 years | -48.78% | -18.40% | -30.38% |
Max Drawdown (5Y)Largest decline over 5 years | -48.78% | -20.31% | -28.47% |
Max Drawdown (10Y)Largest decline over 10 years | -67.20% | -55.13% | -12.07% |
Current DrawdownCurrent decline from peak | -21.78% | -6.21% | -15.57% |
Average DrawdownAverage peak-to-trough decline | -20.83% | -31.84% | +11.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.06% | 4.76% | +7.30% |
Volatility
CBT vs. KMI - Volatility Comparison
Cabot Corporation (CBT) has a higher volatility of 9.01% compared to Kinder Morgan, Inc. (KMI) at 5.69%. This indicates that CBT'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
| CBT | KMI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.01% | 5.69% | +3.32% |
Volatility (6M)Calculated over the trailing 6-month period | 24.52% | 14.36% | +10.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.48% | 20.15% | +13.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.74% | 22.41% | +11.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.31% | 27.45% | +7.86% |
Dividends
CBT vs. KMI - Dividend Comparison
CBT's dividend yield for the trailing twelve months is around 2.07%, less than KMI's 2.74% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CBT Cabot Corporation | 2.07% | 2.69% | 1.85% | 1.88% | 2.21% | 2.53% | 3.12% | 2.90% | 3.04% | 2.02% | 2.22% | 2.15% |
KMI Kinder Morgan, Inc. | 2.74% | 4.24% | 4.18% | 6.38% | 6.10% | 6.76% | 7.59% | 4.49% | 4.71% | 2.77% | 2.41% | 12.94% |
Financials
CBT vs. KMI - Financials Comparison
This section allows you to compare key financial metrics between Cabot Corporation 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
CBT vs. KMI - Profitability Comparison
CBT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Cabot Corporation reported a gross profit of 211.00M and revenue of 849.00M. Therefore, the gross margin over that period was 24.9%.
KMI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Kinder Morgan, Inc. reported a gross profit of -1.63B and revenue of -1.63B. Therefore, the gross margin over that period was 100.0%.
CBT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Cabot Corporation reported an operating income of 129.00M and revenue of 849.00M, resulting in an operating margin of 15.2%.
KMI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Kinder Morgan, Inc. reported an operating income of -1.44B and revenue of -1.63B, resulting in an operating margin of 88.7%.
CBT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Cabot Corporation reported a net income of 73.00M and revenue of 849.00M, resulting in a net margin of 8.6%.
KMI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Kinder Morgan, Inc. reported a net income of -1.01B and revenue of -1.63B, resulting in a net margin of 62.1%.
Frequently Asked Questions
CBT and KMI have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CBT has higher volatility (9.01%) compared to KMI (5.69%). In terms of maximum drawdown, CBT dropped -82.87% vs KMI's -72.70%.
KMI currently has the higher Sharpe Ratio (0.91 vs 0.75), 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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