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Side-by-side financial comparison of BANK OF MONTREAL (BMO) and Kinder Morgan (KMI). Click either name above to swap in a different company.

BANK OF MONTREAL is the larger business by last-quarter revenue ($7.2B vs $4.8B, roughly 1.5× Kinder Morgan). BANK OF MONTREAL runs the higher net margin — 25.3% vs 20.7%, a 4.6% gap on every dollar of revenue.

The Bank of Montreal, abbreviated as BMO, is a Canadian multinational investment bank and financial services company.

Kinder Morgan, Inc. is one of the largest energy infrastructure companies in North America. The company specializes in owning and controlling oil and gas pipelines and terminals.

BMO vs KMI — Head-to-Head

Bigger by revenue
BMO
BMO
1.5× larger
BMO
$7.2B
$4.8B
KMI
Higher net margin
BMO
BMO
4.6% more per $
BMO
25.3%
20.7%
KMI

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BMO
BMO
KMI
KMI
Revenue
$7.2B
$4.8B
Net Profit
$1.8B
$1.0B
Gross Margin
Operating Margin
29.9%
Net Margin
25.3%
20.7%
Revenue YoY
13.8%
Net Profit YoY
34.7%
EPS (diluted)
$0.44

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BMO
BMO
KMI
KMI
Q1 26
$7.2B
$4.8B
Q4 25
$4.0B
Q3 25
$6.6B
$3.7B
Q2 25
$6.3B
$3.6B
Q1 25
$3.9B
Q4 24
$3.6B
Q3 24
$3.3B
Q2 24
$3.2B
Net Profit
BMO
BMO
KMI
KMI
Q1 26
$1.8B
$1.0B
Q4 25
$996.0M
Q3 25
$1.7B
$628.0M
Q2 25
$1.4B
$715.0M
Q1 25
$717.0M
Q4 24
$667.0M
Q3 24
$625.0M
Q2 24
$575.0M
Operating Margin
BMO
BMO
KMI
KMI
Q1 26
29.9%
Q4 25
34.0%
Q3 25
28.6%
Q2 25
31.9%
Q1 25
29.6%
Q4 24
31.0%
Q3 24
30.9%
Q2 24
32.3%
Net Margin
BMO
BMO
KMI
KMI
Q1 26
25.3%
20.7%
Q4 25
24.8%
Q3 25
25.9%
16.9%
Q2 25
22.6%
19.8%
Q1 25
18.6%
Q4 24
18.7%
Q3 24
19.0%
Q2 24
17.9%
EPS (diluted)
BMO
BMO
KMI
KMI
Q1 26
$0.44
Q4 25
$0.45
Q3 25
$0.28
Q2 25
$0.32
Q1 25
$0.32
Q4 24
$0.30
Q3 24
$0.28
Q2 24
$0.26

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BMO
BMO
KMI
KMI
Cash + ST InvestmentsLiquidity on hand
$49.2B
$72.0M
Total DebtLower is stronger
$31.9B
Stockholders' EquityBook value
$62.6B
$32.6B
Total Assets
$1064.4B
$73.1B
Debt / EquityLower = less leverage
0.98×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BMO
BMO
KMI
KMI
Q1 26
$49.2B
$72.0M
Q4 25
$63.0M
Q3 25
$42.8B
$71.0M
Q2 25
$47.7B
$82.0M
Q1 25
$80.0M
Q4 24
$88.0M
Q3 24
$108.0M
Q2 24
$98.0M
Total Debt
BMO
BMO
KMI
KMI
Q1 26
$31.9B
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
BMO
BMO
KMI
KMI
Q1 26
$62.6B
$32.6B
Q4 25
$31.2B
Q3 25
$63.3B
$30.7B
Q2 25
$62.7B
$30.8B
Q1 25
$30.6B
Q4 24
$30.5B
Q3 24
$30.4B
Q2 24
$30.3B
Total Assets
BMO
BMO
KMI
KMI
Q1 26
$1064.4B
$73.1B
Q4 25
$72.7B
Q3 25
$1045.0B
$72.3B
Q2 25
$1051.4B
$72.4B
Q1 25
$72.3B
Q4 24
$71.4B
Q3 24
$70.9B
Q2 24
$70.7B
Debt / Equity
BMO
BMO
KMI
KMI
Q1 26
0.98×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BMO
BMO
KMI
KMI
Operating Cash FlowLast quarter
$1.3B
Free Cash FlowOCF − Capex
$1.0B
FCF MarginFCF / Revenue
14.4%
Capex IntensityCapex / Revenue
3.9%
16.7%
Cash ConversionOCF / Net Profit
0.72×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BMO
BMO
KMI
KMI
Q1 26
$1.3B
Q4 25
$1.7B
Q3 25
$-3.1B
$1.4B
Q2 25
$-2.3B
$1.6B
Q1 25
$1.2B
Q4 24
$1.5B
Q3 24
$1.2B
Q2 24
$1.7B
Free Cash Flow
BMO
BMO
KMI
KMI
Q1 26
$1.0B
Q4 25
$872.0M
Q3 25
$-3.4B
$621.0M
Q2 25
$-2.7B
$1.0B
Q1 25
$396.0M
Q4 24
$738.0M
Q3 24
$592.0M
Q2 24
$1.1B
FCF Margin
BMO
BMO
KMI
KMI
Q1 26
14.4%
Q4 25
21.7%
Q3 25
-51.3%
16.7%
Q2 25
-41.8%
27.8%
Q1 25
10.3%
Q4 24
20.7%
Q3 24
18.0%
Q2 24
34.4%
Capex Intensity
BMO
BMO
KMI
KMI
Q1 26
3.9%
16.7%
Q4 25
20.4%
Q3 25
4.5%
21.3%
Q2 25
5.1%
17.9%
Q1 25
19.8%
Q4 24
21.6%
Q3 24
20.0%
Q2 24
18.1%
Cash Conversion
BMO
BMO
KMI
KMI
Q1 26
0.72×
Q4 25
1.70×
Q3 25
-1.81×
2.25×
Q2 25
-1.63×
2.31×
Q1 25
1.62×
Q4 24
2.26×
Q3 24
2.00×
Q2 24
2.93×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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