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

PayPal is the larger business by last-quarter revenue ($8.7B vs $4.8B, roughly 1.8× Kinder Morgan). Kinder Morgan runs the higher net margin — 20.7% vs 16.6%, a 4.2% gap on every dollar of revenue. On growth, Kinder Morgan posted the faster year-over-year revenue change (13.8% vs 3.7%). Over the past eight quarters, Kinder Morgan's revenue compounded faster (22.6% CAGR vs 6.2%).

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.

PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers; it serves as an electronic alternative to traditional paper methods such as checks and money orders. The company operates as a payment processor for online vendors, auction sites and many other commercial and company users.

KMI vs PYPL — Head-to-Head

Bigger by revenue
PYPL
PYPL
1.8× larger
PYPL
$8.7B
$4.8B
KMI
Growing faster (revenue YoY)
KMI
KMI
+10.1% gap
KMI
13.8%
3.7%
PYPL
Higher net margin
KMI
KMI
4.2% more per $
KMI
20.7%
16.6%
PYPL
Faster 2-yr revenue CAGR
KMI
KMI
Annualised
KMI
22.6%
6.2%
PYPL

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
KMI
KMI
PYPL
PYPL
Revenue
$4.8B
$8.7B
Net Profit
$1.0B
$1.4B
Gross Margin
Operating Margin
29.9%
17.4%
Net Margin
20.7%
16.6%
Revenue YoY
13.8%
3.7%
Net Profit YoY
34.7%
28.2%
EPS (diluted)
$0.44
$1.53

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
KMI
KMI
PYPL
PYPL
Q1 26
$4.8B
Q4 25
$4.0B
$8.7B
Q3 25
$3.7B
$8.4B
Q2 25
$3.6B
$8.3B
Q1 25
$3.9B
$7.8B
Q4 24
$3.6B
$8.4B
Q3 24
$3.3B
$7.8B
Q2 24
$3.2B
$7.9B
Net Profit
KMI
KMI
PYPL
PYPL
Q1 26
$1.0B
Q4 25
$996.0M
$1.4B
Q3 25
$628.0M
$1.2B
Q2 25
$715.0M
$1.3B
Q1 25
$717.0M
$1.3B
Q4 24
$667.0M
$1.1B
Q3 24
$625.0M
$1.0B
Q2 24
$575.0M
$1.1B
Operating Margin
KMI
KMI
PYPL
PYPL
Q1 26
29.9%
Q4 25
34.0%
17.4%
Q3 25
28.6%
18.1%
Q2 25
31.9%
18.1%
Q1 25
29.6%
19.6%
Q4 24
31.0%
17.2%
Q3 24
30.9%
17.7%
Q2 24
32.3%
16.8%
Net Margin
KMI
KMI
PYPL
PYPL
Q1 26
20.7%
Q4 25
24.8%
16.6%
Q3 25
16.9%
14.8%
Q2 25
19.8%
15.2%
Q1 25
18.6%
16.5%
Q4 24
18.7%
13.4%
Q3 24
19.0%
12.9%
Q2 24
17.9%
14.3%
EPS (diluted)
KMI
KMI
PYPL
PYPL
Q1 26
$0.44
Q4 25
$0.45
$1.53
Q3 25
$0.28
$1.30
Q2 25
$0.32
$1.29
Q1 25
$0.32
$1.29
Q4 24
$0.30
$1.09
Q3 24
$0.28
$0.99
Q2 24
$0.26
$1.08

Balance Sheet & Financial Strength

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

Metric
KMI
KMI
PYPL
PYPL
Cash + ST InvestmentsLiquidity on hand
$72.0M
$10.4B
Total DebtLower is stronger
$31.9B
Stockholders' EquityBook value
$32.6B
$20.3B
Total Assets
$73.1B
$80.2B
Debt / EquityLower = less leverage
0.98×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KMI
KMI
PYPL
PYPL
Q1 26
$72.0M
Q4 25
$63.0M
$10.4B
Q3 25
$71.0M
$10.8B
Q2 25
$82.0M
$10.0B
Q1 25
$80.0M
$11.2B
Q4 24
$88.0M
$10.8B
Q3 24
$108.0M
$11.9B
Q2 24
$98.0M
$13.6B
Total Debt
KMI
KMI
PYPL
PYPL
Q1 26
$31.9B
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
KMI
KMI
PYPL
PYPL
Q1 26
$32.6B
Q4 25
$31.2B
$20.3B
Q3 25
$30.7B
$20.2B
Q2 25
$30.8B
$20.2B
Q1 25
$30.6B
$20.3B
Q4 24
$30.5B
$20.4B
Q3 24
$30.4B
$20.2B
Q2 24
$30.3B
$20.6B
Total Assets
KMI
KMI
PYPL
PYPL
Q1 26
$73.1B
Q4 25
$72.7B
$80.2B
Q3 25
$72.3B
$79.8B
Q2 25
$72.4B
$79.8B
Q1 25
$72.3B
$81.3B
Q4 24
$71.4B
$81.6B
Q3 24
$70.9B
$83.5B
Q2 24
$70.7B
$84.0B
Debt / Equity
KMI
KMI
PYPL
PYPL
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
KMI
KMI
PYPL
PYPL
Operating Cash FlowLast quarter
$2.4B
Free Cash FlowOCF − Capex
$2.2B
FCF MarginFCF / Revenue
25.2%
Capex IntensityCapex / Revenue
16.7%
2.2%
Cash ConversionOCF / Net Profit
1.66×
TTM Free Cash FlowTrailing 4 quarters
$5.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KMI
KMI
PYPL
PYPL
Q1 26
Q4 25
$1.7B
$2.4B
Q3 25
$1.4B
$2.0B
Q2 25
$1.6B
$898.0M
Q1 25
$1.2B
$1.2B
Q4 24
$1.5B
$2.4B
Q3 24
$1.2B
$1.6B
Q2 24
$1.7B
$1.5B
Free Cash Flow
KMI
KMI
PYPL
PYPL
Q1 26
Q4 25
$872.0M
$2.2B
Q3 25
$621.0M
$1.7B
Q2 25
$1.0B
$692.0M
Q1 25
$396.0M
$964.0M
Q4 24
$738.0M
$2.2B
Q3 24
$592.0M
$1.4B
Q2 24
$1.1B
$1.4B
FCF Margin
KMI
KMI
PYPL
PYPL
Q1 26
Q4 25
21.7%
25.2%
Q3 25
16.7%
20.4%
Q2 25
27.8%
8.3%
Q1 25
10.3%
12.4%
Q4 24
20.7%
26.2%
Q3 24
18.0%
18.4%
Q2 24
34.4%
17.3%
Capex Intensity
KMI
KMI
PYPL
PYPL
Q1 26
16.7%
Q4 25
20.4%
2.2%
Q3 25
21.3%
3.0%
Q2 25
17.9%
2.5%
Q1 25
19.8%
2.5%
Q4 24
21.6%
2.4%
Q3 24
20.0%
2.2%
Q2 24
18.1%
2.0%
Cash Conversion
KMI
KMI
PYPL
PYPL
Q1 26
Q4 25
1.70×
1.66×
Q3 25
2.25×
1.58×
Q2 25
2.31×
0.71×
Q1 25
1.62×
0.90×
Q4 24
2.26×
2.14×
Q3 24
2.00×
1.60×
Q2 24
2.93×
1.35×

Financial Flow Comparison

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

Revenue Breakdown by Segment

KMI
KMI

Segment breakdown not available.

PYPL
PYPL

US$4.9B57%
Non Us$3.7B43%

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