E vs. KMI

Last updated Apr 1, 2026

Compare and contrast key facts about Eni S.p.A. (E) and Kinder Morgan, Inc. (KMI).

Performance

E vs. KMI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eni S.p.A. (E) and Kinder Morgan, Inc. (KMI). The values are adjusted to include any dividend payments, if applicable.

E vs. KMI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
E Eni S.p.A.	50.94%	48.40%	-13.95%	26.73%	10.92%	43.12%	-28.73%	4.29%	-0.98%	7.27%
KMI Kinder Morgan, Inc.	23.15%	4.74%	64.42%	4.10%	21.23%	23.75%	-30.77%	44.43%	-11.18%	-10.56%

Fundamentals

Market Cap E : $86.04B KMI : $74.60B
EPS E : $1.69 KMI : $1.32
PE Ratio E : 33.53 KMI : 25.48
PEG Ratio E : 3.14 KMI : 0.06
PS Ratio E : 1.11 KMI : 4.40
PB Ratio E : 1.80 KMI : 2.39
Total Revenue (TTM) E : $78.91B KMI : $16.95B
Gross Profit (TTM) E : $4.34B KMI : $4.34B
EBITDA (TTM) E : $20.62B KMI : $7.08B

Returns By Period

In the year-to-date period, E achieves a 50.94% return, which is significantly higher than KMI's 23.15% return. Over the past 10 years, E has outperformed KMI with an annualized return of 13.45%, while KMI has yielded a comparatively lower 12.36% annualized return.

E

• 1D: 1.51%
• 1M: 22.00%
• YTD: 50.94%
• 6M: 66.48%
• 1Y: 94.83%
• 3Y*: 34.90%
• 5Y*: 26.10%
• 10Y*: 13.45%

KMI

• 1D: -0.36%
• 1M: 0.78%
• YTD: 23.15%
• 6M: 20.94%
• 1Y: 22.59%
• 3Y*: 30.96%
• 5Y*: 21.44%
• 10Y*: 12.36%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

E vs. KMI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

E

E Risk / Return Rank: 97
E Sharpe Ratio Rank: 99
E Sortino Ratio Rank: 98
E Omega Ratio Rank: 98
E Calmar Ratio Rank: 94
E Martin Ratio Rank: 98

KMI

KMI Risk / Return Rank: 72
KMI Sharpe Ratio Rank: 75
KMI Sortino Ratio Rank: 65
KMI Omega Ratio Rank: 68
KMI Calmar Ratio Rank: 76
KMI Martin Ratio Rank: 74

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

E vs. KMI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eni S.p.A. (E) 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.

	E	KMI	Difference
Sharpe ratio Return per unit of total volatility	3.92	0.99	+2.93
Sortino ratio Return per unit of downside risk	4.33	1.33	+3.00
Omega ratio Gain probability vs. loss probability	1.65	1.20	+0.45
Calmar ratio Return relative to maximum drawdown	4.91	1.81	+3.09
Martin ratio Return relative to average drawdown	23.47	4.13	+19.34
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

E vs. KMI - Sharpe Ratio Comparison

The current E Sharpe Ratio is 3.92, which is higher than the KMI Sharpe Ratio of 0.99. The chart below compares the historical Sharpe Ratios of E and KMI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	E	KMI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.92	0.99	+2.93
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.07	0.96	+0.11
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.48	0.44	+0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	0.19	+0.14

Correlation

The correlation between E and KMI is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

E vs. KMI - Dividend Comparison

E's dividend yield for the trailing twelve months is around 4.11%, more than KMI's 3.49% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
E Eni S.p.A.	4.11%	5.88%	7.69%	5.74%	6.38%	5.79%	5.91%	6.11%	5.15%	3.96%	3.98%	5.14%
KMI Kinder Morgan, Inc.	3.49%	4.24%	4.18%	6.38%	6.10%	6.76%	7.59%	4.49%	4.71%	2.77%	2.41%	12.94%

Drawdowns

E vs. KMI - Drawdown Comparison

The maximum E drawdown since its inception was -70.53%, roughly equal to the maximum KMI drawdown of -72.70%. Use the drawdown chart below to compare losses from any high point for E and KMI.

Drawdown Indicators

	E	KMI	Difference
Max Drawdown Largest peak-to-trough decline	-70.53%	-72.70%	+2.17%
Max Drawdown (1Y) Largest decline over 1 year	-19.29%	-12.83%	-6.46%
Max Drawdown (5Y) Largest decline over 5 years	-33.71%	-20.31%	-13.40%
Max Drawdown (10Y) Largest decline over 10 years	-61.59%	-55.13%	-6.46%
Current Drawdown Current decline from peak	0.00%	-1.58%	+1.58%
Average Drawdown Average peak-to-trough decline	-23.19%	-32.37%	+9.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.03%	5.64%	-1.61%

Volatility

E vs. KMI - Volatility Comparison

Eni S.p.A. (E) has a higher volatility of 7.82% compared to Kinder Morgan, Inc. (KMI) at 5.41%. This indicates that E'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.

Volatility by Period

	E	KMI	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.82%	5.41%	+2.41%
Volatility (6M) Calculated over the trailing 6-month period	15.64%	14.25%	+1.39%
Volatility (1Y) Calculated over the trailing 1-year period	24.31%	22.91%	+1.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.61%	22.47%	+2.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.21%	27.90%	+0.31%

Financials

E vs. KMI - Profitability Comparison

The chart below illustrates the profitability comparison between Eni S.p.A. and Kinder Morgan, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

E - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Eni S.p.A. reported a gross profit of -2.28B and revenue of 17.37B. Therefore, the gross margin over that period was -13.1%.

KMI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Kinder Morgan, Inc. reported a gross profit of 0.00 and revenue of 4.51B. Therefore, the gross margin over that period was 0.0%.

E - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Eni S.p.A. reported an operating income of 843.02M and revenue of 17.37B, resulting in an operating margin of 4.9%.

KMI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Kinder Morgan, Inc. reported an operating income of 1.36B and revenue of 4.51B, resulting in an operating margin of 30.3%.

E - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Eni S.p.A. reported a net income of 89.16M and revenue of 17.37B, resulting in a net margin of 0.5%.

KMI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Kinder Morgan, Inc. reported a net income of 866.00M and revenue of 4.51B, resulting in a net margin of 19.2%.