GEL vs. KMI
GEL (Genesis Energy, L.P.) and KMI (Kinder Morgan, Inc.) are both stocks. Both operate in the Oil & Gas Midstream industry within the Energy sector. Over the past 10 years, GEL returned -2.23%/yr vs 11.21%/yr for KMI. At a 0.49 correlation, their price movements are largely independent.
Performance
GEL vs. KMI - Performance Comparison
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Returns By Period
In the year-to-date period, GEL achieves a -0.56% return, which is significantly lower than KMI's 16.28% return. Over the past 10 years, GEL has underperformed KMI with an annualized return of -2.23%, while KMI has yielded a comparatively higher 11.21% annualized return.
GEL
- 1D
- -2.32%
- 1M
- -10.17%
- YTD
- -0.56%
- 6M
- -2.32%
- 1Y
- -0.25%
- 3Y*
- 20.63%
- 5Y*
- 13.65%
- 10Y*
- -2.23%
KMI
- 1D
- -0.22%
- 1M
- -3.39%
- YTD
- 16.28%
- 6M
- 17.65%
- 1Y
- 14.39%
- 3Y*
- 29.68%
- 5Y*
- 17.09%
- 10Y*
- 11.21%
GEL vs. KMI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GEL Genesis Energy, L.P. | -0.56% | 61.77% | -8.37% | 19.90% | 1.05% | 84.99% | -66.17% | 22.60% | -9.18% | -32.37% |
KMI Kinder Morgan, Inc. | 16.28% | 4.74% | 64.42% | 4.10% | 21.23% | 23.75% | -30.77% | 44.43% | -11.18% | -10.56% |
Correlation
The correlation between GEL and KMI is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Feb 14, 2011 | 0.49 |
The correlation between GEL and KMI shifts across timeframes, from 0.33 (1 year) to 0.50 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
GEL:
$1.86B
KMI:
$69.80B
GEL:
$0.39
KMI:
$1.53
GEL:
38.72
KMI:
20.51
GEL:
0.53
KMI:
1.25
GEL:
1.11
KMI:
3.98
GEL:
3.47
KMI:
2.23
GEL:
$1.68B
KMI:
$17.52B
GEL:
$281.95M
KMI:
$5.86B
GEL:
$437.85M
KMI:
$6.90B
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Return for Risk
GEL vs. KMI — Risk / Return Rank
GEL
KMI
GEL vs. KMI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Genesis Energy, L.P. (GEL) 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.
| GEL | KMI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.72 | ||
| Sortino ratioReturn per unit of downside risk | -0.87 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.14 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | -0.01 | 1.30 | -1.31 |
| Martin ratioReturn relative to average drawdown | -0.04 | 2.64 | -2.67 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GEL | KMI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.01 | 0.71 | -0.72 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.33 | 0.76 | -0.43 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.04 | 0.41 | -0.45 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.14 | 0.17 | -0.03 |
Drawdowns
GEL vs. KMI - Drawdown Comparison
The maximum GEL drawdown since its inception was -91.63%, which is greater than KMI's maximum drawdown of -72.70%. Use the drawdown chart below to compare losses from any high point for GEL and KMI.
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Drawdown Indicators
| GEL | KMI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.63% | -72.70% | -18.93% |
Max Drawdown (1Y)Largest decline over 1 year | -17.85% | -11.11% | -6.74% |
Max Drawdown (3Y)Largest decline over 3 years | -31.46% | -18.40% | -13.06% |
Max Drawdown (5Y)Largest decline over 5 years | -38.79% | -20.31% | -18.48% |
Max Drawdown (10Y)Largest decline over 10 years | -89.61% | -55.13% | -34.48% |
Current DrawdownCurrent decline from peak | -37.95% | -8.57% | -29.38% |
Average DrawdownAverage peak-to-trough decline | -34.14% | -32.06% | -2.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.00% | 5.49% | +1.51% |
Volatility
GEL vs. KMI - Volatility Comparison
Genesis Energy, L.P. (GEL) has a higher volatility of 8.71% compared to Kinder Morgan, Inc. (KMI) at 7.15%. This indicates that GEL'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
| GEL | KMI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.71% | 7.15% | +1.56% |
Volatility (6M)Calculated over the trailing 6-month period | 19.09% | 15.03% | +4.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.06% | 20.33% | +7.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.47% | 22.58% | +18.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.18% | 27.74% | +23.44% |
Dividends
GEL vs. KMI - Dividend Comparison
GEL's dividend yield for the trailing twelve months is around 4.54%, more than KMI's 3.75% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GEL Genesis Energy, L.P. | 4.54% | 4.23% | 6.08% | 5.18% | 5.88% | 5.60% | 16.10% | 10.74% | 11.37% | 11.87% | 7.54% | 6.72% |
KMI Kinder Morgan, Inc. | 3.75% | 4.24% | 4.18% | 6.38% | 6.10% | 6.76% | 7.59% | 4.49% | 4.71% | 2.77% | 2.41% | 12.94% |
Financials
GEL vs. KMI - Financials Comparison
This section allows you to compare key financial metrics between Genesis Energy, L.P. 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
GEL vs. KMI - Profitability Comparison
GEL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Genesis Energy, L.P. reported a gross profit of 0.00 and revenue of 446.56M. Therefore, the gross margin over that period was 0.0%.
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%.
GEL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Genesis Energy, L.P. reported an operating income of 76.61M and revenue of 446.56M, resulting in an operating margin of 17.2%.
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%.
GEL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Genesis Energy, L.P. reported a net income of 19.37M and revenue of 446.56M, resulting in a net margin of 4.3%.
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
GEL and KMI have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GEL has higher volatility (8.71%) compared to KMI (7.15%). In terms of maximum drawdown, GEL dropped -91.63% vs KMI's -72.70%.
KMI currently has the higher Sharpe Ratio (0.71 vs -0.01), 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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