vs
Side-by-side financial comparison of Kinder Morgan (KMI) and Sea Ltd (SE). Click either name above to swap in a different company.
Sea Ltd is the larger business by last-quarter revenue ($22.9B vs $4.8B, roughly 4.8× Kinder Morgan). Kinder Morgan runs the higher net margin — 20.7% vs 7.0%, a 13.7% gap on every dollar of revenue. On growth, Sea Ltd posted the faster year-over-year revenue change (363.4% vs 13.8%). Over the past eight quarters, Sea Ltd's revenue compounded faster (147.8% CAGR vs 22.6%).
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.
Sea Limited is a tech conglomerate headquartered in Singapore. It is listed on the New York Stock Exchange, with revenue of US$16.8 billion (2024). Sea currently functions as a holding company for Garena, Monee and Shopee, the largest e-commerce platform in Southeast Asia.
KMI vs SE — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $4.8B | $22.9B |
| Net Profit | $1.0B | $1.6B |
| Gross Margin | — | 44.7% |
| Operating Margin | 29.9% | 8.7% |
| Net Margin | 20.7% | 7.0% |
| Revenue YoY | 13.8% | 363.4% |
| Net Profit YoY | 34.7% | — |
| EPS (diluted) | $0.44 | $2.52 |
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.
| Q1 26 | $4.8B | — | ||
| Q4 25 | $4.0B | $22.9B | ||
| Q3 25 | $3.7B | $6.0B | ||
| Q2 25 | $3.6B | $5.3B | ||
| Q1 25 | $3.9B | $4.8B | ||
| Q4 24 | $3.6B | $5.0B | ||
| Q3 24 | $3.3B | $4.3B | ||
| Q2 24 | $3.2B | $3.8B |
| Q1 26 | $1.0B | — | ||
| Q4 25 | $996.0M | $1.6B | ||
| Q3 25 | $628.0M | $375.0M | ||
| Q2 25 | $715.0M | $414.2M | ||
| Q1 25 | $717.0M | $-7.8M | ||
| Q4 24 | $667.0M | — | ||
| Q3 24 | $625.0M | — | ||
| Q2 24 | $575.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 44.7% | ||
| Q3 25 | — | 43.4% | ||
| Q2 25 | — | 45.8% | ||
| Q1 25 | — | 46.2% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | 29.9% | — | ||
| Q4 25 | 34.0% | 8.7% | ||
| Q3 25 | 28.6% | 8.0% | ||
| Q2 25 | 31.9% | 9.3% | ||
| Q1 25 | 29.6% | 9.4% | ||
| Q4 24 | 31.0% | — | ||
| Q3 24 | 30.9% | — | ||
| Q2 24 | 32.3% | — |
| Q1 26 | 20.7% | — | ||
| Q4 25 | 24.8% | 7.0% | ||
| Q3 25 | 16.9% | 6.3% | ||
| Q2 25 | 19.8% | 7.9% | ||
| Q1 25 | 18.6% | -0.2% | ||
| Q4 24 | 18.7% | — | ||
| Q3 24 | 19.0% | — | ||
| Q2 24 | 17.9% | — |
| Q1 26 | $0.44 | — | ||
| Q4 25 | $0.45 | $2.52 | ||
| Q3 25 | $0.28 | $0.59 | ||
| Q2 25 | $0.32 | $0.65 | ||
| Q1 25 | $0.32 | $0.65 | ||
| 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 | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $72.0M | $10.6B |
| Total DebtLower is stronger | $31.9B | — |
| Stockholders' EquityBook value | $32.6B | $12.6B |
| Total Assets | $73.1B | $29.4B |
| Debt / EquityLower = less leverage | 0.98× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $72.0M | — | ||
| Q4 25 | $63.0M | $10.6B | ||
| Q3 25 | $71.0M | — | ||
| Q2 25 | $82.0M | — | ||
| Q1 25 | $80.0M | — | ||
| Q4 24 | $88.0M | $8.6B | ||
| Q3 24 | $108.0M | — | ||
| Q2 24 | $98.0M | — |
| Q1 26 | $31.9B | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $32.6B | — | ||
| Q4 25 | $31.2B | $12.6B | ||
| Q3 25 | $30.7B | — | ||
| Q2 25 | $30.8B | — | ||
| Q1 25 | $30.6B | — | ||
| Q4 24 | $30.5B | $8.4B | ||
| Q3 24 | $30.4B | — | ||
| Q2 24 | $30.3B | — |
| Q1 26 | $73.1B | — | ||
| Q4 25 | $72.7B | $29.4B | ||
| Q3 25 | $72.3B | — | ||
| Q2 25 | $72.4B | — | ||
| Q1 25 | $72.3B | — | ||
| Q4 24 | $71.4B | $22.6B | ||
| Q3 24 | $70.9B | — | ||
| Q2 24 | $70.7B | — |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $5.0B |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | 16.7% | — |
| Cash ConversionOCF / Net Profit | — | 3.12× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.7B | $5.0B | ||
| Q3 25 | $1.4B | $3.5B | ||
| Q2 25 | $1.6B | $2.4B | ||
| Q1 25 | $1.2B | $756.9M | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $1.7B | — |
| Q1 26 | — | — | ||
| Q4 25 | $872.0M | — | ||
| Q3 25 | $621.0M | — | ||
| Q2 25 | $1.0B | — | ||
| Q1 25 | $396.0M | — | ||
| Q4 24 | $738.0M | — | ||
| Q3 24 | $592.0M | — | ||
| Q2 24 | $1.1B | — |
| Q1 26 | — | — | ||
| Q4 25 | 21.7% | — | ||
| Q3 25 | 16.7% | — | ||
| Q2 25 | 27.8% | — | ||
| Q1 25 | 10.3% | — | ||
| Q4 24 | 20.7% | — | ||
| Q3 24 | 18.0% | — | ||
| Q2 24 | 34.4% | — |
| Q1 26 | 16.7% | — | ||
| Q4 25 | 20.4% | — | ||
| Q3 25 | 21.3% | — | ||
| Q2 25 | 17.9% | — | ||
| Q1 25 | 19.8% | — | ||
| Q4 24 | 21.6% | — | ||
| Q3 24 | 20.0% | — | ||
| Q2 24 | 18.1% | — |
| Q1 26 | — | — | ||
| Q4 25 | 1.70× | 3.12× | ||
| Q3 25 | 2.25× | 9.46× | ||
| Q2 25 | 2.31× | 5.73× | ||
| 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.
