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

Southern Company is the larger business by last-quarter revenue ($8.4B vs $4.8B, roughly 1.7× Kinder Morgan). Kinder Morgan runs the higher net margin — 20.7% vs 15.9%, a 4.8% gap on every dollar of revenue. On growth, Kinder Morgan posted the faster year-over-year revenue change (13.8% vs 8.0%). Over the past eight quarters, Kinder Morgan's revenue compounded faster (22.6% CAGR vs 14.0%).

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.

Southern Company is an American gas and electric utility holding company based in the Southern United States. It is headquartered in Atlanta, Georgia, with executive offices located in Birmingham, Alabama. As of 2021 it is the second largest utility company in the U.S. in terms of customer base. Through its subsidiaries it serves 9 million gas and electric utility customers in 6 states. Southern Company's regulated regional electric utilities serve a 120,000-square-mile (310,000 km2) territor...

KMI vs SO — Head-to-Head

Bigger by revenue
SO
SO
1.7× larger
SO
$8.4B
$4.8B
KMI
Growing faster (revenue YoY)
KMI
KMI
+5.8% gap
KMI
13.8%
8.0%
SO
Higher net margin
KMI
KMI
4.8% more per $
KMI
20.7%
15.9%
SO
Faster 2-yr revenue CAGR
KMI
KMI
Annualised
KMI
22.6%
14.0%
SO

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
KMI
KMI
SO
SO
Revenue
$4.8B
$8.4B
Net Profit
$1.0B
$1.3B
Gross Margin
Operating Margin
29.9%
24.0%
Net Margin
20.7%
15.9%
Revenue YoY
13.8%
8.0%
Net Profit YoY
36.1%
5.4%
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
KMI
KMI
SO
SO
Q1 26
$4.8B
$8.4B
Q4 25
$4.0B
$7.0B
Q3 25
$3.7B
$7.8B
Q2 25
$3.6B
$7.0B
Q1 25
$3.9B
$7.8B
Q4 24
$3.6B
$6.3B
Q3 24
$3.3B
$7.3B
Q2 24
$3.2B
$6.5B
Net Profit
KMI
KMI
SO
SO
Q1 26
$1.0B
$1.3B
Q4 25
$996.0M
$341.0M
Q3 25
$628.0M
$1.7B
Q2 25
$715.0M
$880.0M
Q1 25
$717.0M
$1.3B
Q4 24
$667.0M
$466.0M
Q3 24
$625.0M
$1.5B
Q2 24
$575.0M
$1.2B
Operating Margin
KMI
KMI
SO
SO
Q1 26
29.9%
24.0%
Q4 25
34.0%
13.1%
Q3 25
28.6%
33.2%
Q2 25
31.9%
25.3%
Q1 25
29.6%
25.9%
Q4 24
31.0%
16.7%
Q3 24
30.9%
32.6%
Q2 24
32.3%
30.0%
Net Margin
KMI
KMI
SO
SO
Q1 26
20.7%
15.9%
Q4 25
24.8%
4.9%
Q3 25
16.9%
21.9%
Q2 25
19.8%
12.6%
Q1 25
18.6%
16.3%
Q4 24
18.7%
7.3%
Q3 24
19.0%
21.1%
Q2 24
17.9%
18.6%
EPS (diluted)
KMI
KMI
SO
SO
Q1 26
$0.44
Q4 25
$0.45
$0.38
Q3 25
$0.28
$1.54
Q2 25
$0.32
$0.79
Q1 25
$0.32
$1.21
Q4 24
$0.30
$0.48
Q3 24
$0.28
$1.39
Q2 24
$0.26
$1.09

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KMI
KMI
SO
SO
Q1 26
$72.0M
Q4 25
$63.0M
$1.6B
Q3 25
$71.0M
$3.3B
Q2 25
$82.0M
$1.3B
Q1 25
$80.0M
$2.3B
Q4 24
$88.0M
$1.1B
Q3 24
$108.0M
$1.0B
Q2 24
$98.0M
$1.2B
Total Debt
KMI
KMI
SO
SO
Q1 26
$31.9B
Q4 25
$65.6B
Q3 25
$64.6B
Q2 25
$63.0B
Q1 25
$62.9B
Q4 24
$58.8B
Q3 24
$61.3B
Q2 24
$59.9B
Stockholders' Equity
KMI
KMI
SO
SO
Q1 26
$32.6B
Q4 25
$31.2B
$36.0B
Q3 25
$30.7B
$38.3B
Q2 25
$30.8B
$37.3B
Q1 25
$30.6B
$37.2B
Q4 24
$30.5B
$33.2B
Q3 24
$30.4B
$36.9B
Q2 24
$30.3B
$36.1B
Total Assets
KMI
KMI
SO
SO
Q1 26
$73.1B
Q4 25
$72.7B
$155.7B
Q3 25
$72.3B
$153.2B
Q2 25
$72.4B
$148.9B
Q1 25
$72.3B
$148.1B
Q4 24
$71.4B
$145.2B
Q3 24
$70.9B
$144.0B
Q2 24
$70.7B
$141.9B
Debt / Equity
KMI
KMI
SO
SO
Q1 26
0.98×
Q4 25
1.82×
Q3 25
1.69×
Q2 25
1.69×
Q1 25
1.69×
Q4 24
1.77×
Q3 24
1.66×
Q2 24
1.66×

Financial Flow Comparison

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

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