KMI vs. LUMN
KMI (Kinder Morgan, Inc.) and LUMN (Lumen Technologies, Inc.) are both stocks. KMI operates in Oil & Gas Midstream (Energy), while LUMN operates in Telecom Services (Communication Services). Over the past 10 years, KMI returned 11.83%/yr vs -6.63%/yr for LUMN. At a 0.29 correlation, their price movements are largely independent.
Performance
KMI vs. LUMN - Performance Comparison
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Returns By Period
In the year-to-date period, KMI achieves a 22.90% return, which is significantly higher than LUMN's 0.90% return. Over the past 10 years, KMI has outperformed LUMN with an annualized return of 11.83%, while LUMN has yielded a comparatively lower -6.63% annualized return.
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%
LUMN
- 1D
- -3.09%
- 1M
- -16.68%
- YTD
- 0.90%
- 6M
- 0.64%
- 1Y
- 84.91%
- 3Y*
- 62.71%
- 5Y*
- -8.96%
- 10Y*
- -6.63%
KMI vs. LUMN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KMI Kinder Morgan, Inc. | 22.90% | 4.74% | 64.42% | 4.10% | 21.23% | 23.75% | -30.77% | 44.43% | -11.18% | -10.56% |
LUMN Lumen Technologies, Inc. | 0.90% | 46.33% | 190.16% | -64.94% | -55.48% | 38.82% | -19.18% | -5.22% | 2.00% | -21.73% |
Correlation
The correlation between KMI and LUMN is -0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Feb 11, 2011 | 0.29 |
The correlation between KMI and LUMN shifts across timeframes, from -0.08 (1 year) to 0.29 (all time), reflecting how their relationship changes across market environments.
Fundamentals
KMI:
$72.40B
LUMN:
$7.83B
KMI:
$1.53
LUMN:
-$1.75
KMI:
4.13
LUMN:
0.64
KMI:
2.31
LUMN:
0.67
KMI:
$17.52B
LUMN:
$12.12B
KMI:
$5.86B
LUMN:
$1.52B
KMI:
$6.90B
LUMN:
$1.12B
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Return for Risk
KMI vs. LUMN — Risk / Return Rank
KMI
LUMN
KMI vs. LUMN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kinder Morgan, Inc. (KMI) and Lumen Technologies, Inc. (LUMN). 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.
| KMI | LUMN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.06 | ||
| Sortino ratioReturn per unit of downside risk | -0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.24 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.07 | 1.80 | +0.27 |
| Martin ratioReturn relative to average drawdown | 4.05 | 3.36 | +0.69 |
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Drawdowns
KMI vs. LUMN - Drawdown Comparison
The maximum KMI drawdown since its inception was -72.70%, smaller than the maximum LUMN drawdown of -95.26%. Use the drawdown chart below to compare losses from any high point for KMI and LUMN.
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Drawdown Indicators
| KMI | LUMN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.70% | -95.26% | +22.56% |
Max Drawdown (1Y)Largest decline over 1 year | -11.11% | -47.34% | +36.23% |
Max Drawdown (3Y)Largest decline over 3 years | -18.40% | -69.66% | +51.26% |
Max Drawdown (5Y)Largest decline over 5 years | -20.31% | -92.51% | +72.20% |
Max Drawdown (10Y)Largest decline over 10 years | -55.13% | -94.44% | +39.31% |
Current DrawdownCurrent decline from peak | -3.36% | -62.07% | +58.71% |
Average DrawdownAverage peak-to-trough decline | -32.01% | -27.68% | -4.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.68% | 25.38% | -19.70% |
Volatility
KMI vs. LUMN - Volatility Comparison
The current volatility for Kinder Morgan, Inc. (KMI) is 6.58%, while Lumen Technologies, Inc. (LUMN) has a volatility of 18.86%. This indicates that KMI experiences smaller price fluctuations and is considered to be less risky than LUMN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KMI | LUMN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.58% | 18.86% | -12.28% |
Volatility (6M)Calculated over the trailing 6-month period | 14.61% | 56.73% | -42.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.40% | 80.24% | -59.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.48% | 85.39% | -62.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.64% | 67.66% | -40.02% |
Dividends
KMI vs. LUMN - Dividend Comparison
KMI's dividend yield for the trailing twelve months is around 5.44%, while LUMN has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
LUMN Lumen Technologies, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 14.37% | 7.97% | 10.26% | 7.57% | 14.26% | 12.95% | 9.08% | 8.59% |
Financials
KMI vs. LUMN - Financials Comparison
This section allows you to compare key financial metrics between Kinder Morgan, Inc. and Lumen Technologies, 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
KMI vs. LUMN - Profitability Comparison
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%.
LUMN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lumen Technologies, Inc. reported a gross profit of 0.00 and revenue of 2.90B. Therefore, the gross margin over that period was 0.0%.
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%.
LUMN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lumen Technologies, Inc. reported an operating income of 602.00M and revenue of 2.90B, resulting in an operating margin of 20.8%.
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%.
LUMN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lumen Technologies, Inc. reported a net income of -200.00M and revenue of 2.90B, resulting in a net margin of -6.9%.
Frequently Asked Questions
KMI and LUMN have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LUMN has higher volatility (18.86%) compared to KMI (6.58%). In terms of maximum drawdown, KMI dropped -72.70% vs LUMN's -95.26%.
KMI currently has the higher Sharpe Ratio (1.13 vs 1.07), 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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