Financial - Conglomerates
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BIPH vs ATO vs SRE vs KMI
Revenue, margins, valuation, and 5-year total return — side by side.
Regulated Gas
Diversified Utilities
Oil & Gas Midstream
BIPH vs ATO vs SRE vs KMI — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||||
|---|---|---|---|---|
| Industry | Financial - Conglomerates | Regulated Gas | Diversified Utilities | Oil & Gas Midstream |
| Market Cap | $7.65B | $30.19B | $59.80B | $69.88B |
| Revenue (TTM) | $21.04B | $4.88B | $13.61B | $17.52B |
| Net Income (TTM) | $76M | $1.35B | $2.07B | $3.31B |
| Gross Margin | 25.5% | 51.4% | 30.6% | 46.9% |
| Operating Margin | 23.6% | 35.9% | 25.0% | 28.6% |
| Forward P/E | 138.1x | 21.7x | 17.9x | 21.9x |
| Total Debt | $51.09B | $9.30B | $36.29B | $32.39B |
| Cash & Equiv. | $2.07B | $204M | $2M | $109M |
BIPH vs ATO vs SRE vs KMI — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 21 | May 26 | Return |
|---|---|---|---|
| Brookfield Infrastr… (BIPH) | 100 | 65.1 | -34.9% |
| Atmos Energy Corpor… (ATO) | 100 | 182.4 | +82.4% |
| Sempra (SRE) | 100 | 135.1 | +35.1% |
| Kinder Morgan, Inc. (KMI) | 100 | 171.3 | +71.3% |
Price return only. Dividends and distributions are not included.
Quick Verdict: BIPH vs ATO vs SRE vs KMI
Each card shows where this stock fits in a portfolio — not just who wins on paper.
BIPH has the current edge in this matchup, primarily because of its strength in defensive.
- Beta 0.54, yield 21.5%, current ratio 3.33x
- 17.3% NII/revenue growth vs SRE's 5.8%
- 21.5% yield, 4-year raise streak, vs ATO's 1.9%
ATO is the clearest fit if your priority is growth exposure and long-term compounding.
- Rev growth 12.9%, EPS growth 9.2%, 3Y rev CAGR 3.8%
- 178.2% 10Y total return vs KMI's 141.5%
- 27.6% margin vs BIPH's 0.3%
SRE is the #2 pick in this set and the best alternative if sleep-well-at-night is your priority.
- Lower volatility, beta 0.36, Low D/E 86.4%, current ratio 1.59x
- Lower P/E (17.9x vs 21.7x)
- +24.2% vs BIPH's +9.9%
KMI is the clearest fit if your priority is income & stability and valuation efficiency.
- Dividend streak 9 yrs, beta 0.07, yield 3.7%
- PEG 0.23 vs BIPH's 6.28
- Beta 0.07 vs BIPH's 0.54, lower leverage
- 4.5% ROA vs BIPH's 0.1%, ROIC 5.6% vs 4.5%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 17.3% NII/revenue growth vs SRE's 5.8% | |
| Value | Lower P/E (17.9x vs 21.7x) | |
| Quality / Margins | 27.6% margin vs BIPH's 0.3% | |
| Stability / Safety | Beta 0.07 vs BIPH's 0.54, lower leverage | |
| Dividends | 21.5% yield, 4-year raise streak, vs ATO's 1.9% | |
| Momentum (1Y) | +24.2% vs BIPH's +9.9% | |
| Efficiency (ROA) | 4.5% ROA vs BIPH's 0.1%, ROIC 5.6% vs 4.5% |
BIPH vs ATO vs SRE vs KMI — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
BIPH vs ATO vs SRE vs KMI — Financial Metrics
Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
ATO leads in 2 of 6 categories
KMI leads 2 • BIPH leads 1 • SRE leads 0 • 1 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
ATO leads this category, winning 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
BIPH is the larger business by revenue, generating $21.0B annually — 4.3x ATO's $4.9B. ATO is the more profitable business, keeping 27.6% of every revenue dollar as net income compared to BIPH's 0.3%. On growth, KMI holds the edge at +13.5% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||||
|---|---|---|---|---|
| RevenueTrailing 12 months | $21.0B | $4.9B | $13.6B | $17.5B |
| EBITDAEarnings before interest/tax | $9.0B | $2.5B | $6.0B | $7.5B |
| Net IncomeAfter-tax profit | $76M | $1.3B | $2.1B | $3.3B |
| Free Cash FlowCash after capex | -$1.3B | -$2.0B | -$9.4B | $3.9B |
| Gross MarginGross profit ÷ Revenue | +25.5% | +51.4% | +30.6% | +46.9% |
| Operating MarginEBIT ÷ Revenue | +23.6% | +35.9% | +25.0% | +28.6% |
| Net MarginNet income ÷ Revenue | +0.3% | +27.6% | +15.2% | +18.9% |
| FCF MarginFCF ÷ Revenue | -10.3% | -40.8% | -69.0% | +22.2% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | +0.6% | -3.8% | +13.5% |
| EPS Growth (YoY)Latest quarter vs prior year | +67.5% | +14.5% | +26.9% | +37.5% |
Valuation Metrics
BIPH leads this category, winning 3 of 6 comparable metrics.
Valuation Metrics
At 22.9x trailing earnings, KMI trades at a 83% valuation discount to BIPH's 138.1x P/E. Adjusting for growth (PEG ratio), KMI offers better value at 0.24x vs BIPH's 6.28x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | ||||
|---|---|---|---|---|
| Market CapShares × price | $7.6B | $30.2B | $59.8B | $69.9B |
| Enterprise ValueMkt cap + debt − cash | $56.7B | $39.3B | $96.1B | $102.2B |
| Trailing P/EPrice ÷ TTM EPS | 138.08x | 24.25x | 33.28x | 22.93x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 21.71x | 17.91x | 21.88x |
| PEG RatioP/E ÷ EPS growth rate | 6.28x | 2.75x | — | 0.24x |
| EV / EBITDAEnterprise value multiple | 6.59x | 17.12x | 16.52x | 14.06x |
| Price / SalesMarket cap ÷ Revenue | 0.36x | 6.42x | 4.36x | 4.12x |
| Price / BookPrice ÷ Book value/share | 0.26x | 2.14x | 1.42x | 2.15x |
| Price / FCFMarket cap ÷ FCF | — | — | — | 21.70x |
Profitability & Efficiency
KMI leads this category, winning 5 of 9 comparable metrics.
Profitability & Efficiency
KMI delivers a 10.3% return on equity — every $100 of shareholder capital generates $10 in annual profit, vs $0 for BIPH. ATO carries lower financial leverage with a 0.69x debt-to-equity ratio, signaling a more conservative balance sheet compared to BIPH's 1.71x. On the Piotroski fundamental quality scale (0–9), KMI scores 8/9 vs ATO's 5/9, reflecting strong financial health.
| Metric | ||||
|---|---|---|---|---|
| ROE (TTM)Return on equity | +0.3% | +7.7% | +5.1% | +10.3% |
| ROA (TTM)Return on assets | +0.1% | +4.5% | +1.9% | +4.5% |
| ROICReturn on invested capital | +4.5% | +5.5% | +3.2% | +5.6% |
| ROCEReturn on capital employed | +5.2% | +6.1% | +3.7% | +7.0% |
| Piotroski ScoreFundamental quality 0–9 | 7 | 5 | 6 | 8 |
| Debt / EquityFinancial leverage | 1.71x | 0.69x | 0.86x | 1.00x |
| Net DebtTotal debt minus cash | $49.0B | $9.1B | $36.3B | $32.3B |
| Cash & Equiv.Liquid assets | $2.1B | $204M | $2M | $109M |
| Total DebtShort + long-term debt | $51.1B | $9.3B | $36.3B | $32.4B |
| Interest CoverageEBIT ÷ Interest expense | 1.47x | 9.61x | 2.81x | 2.86x |
Total Returns (Dividends Reinvested)
KMI leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in KMI five years ago would be worth $20,316 today (with dividends reinvested), compared to $8,910 for BIPH. Over the past 12 months, SRE leads with a +24.2% total return vs BIPH's +9.9%. The 3-year compound annual growth rate (CAGR) favors KMI at 27.3% vs BIPH's 7.4% — a key indicator of consistent wealth creation.
| Metric | ||||
|---|---|---|---|---|
| YTD ReturnYear-to-date | +2.6% | +7.4% | +2.8% | +15.5% |
| 1-Year ReturnPast 12 months | +9.9% | +14.5% | +24.2% | +20.5% |
| 3-Year ReturnCumulative with dividends | +23.8% | +62.1% | +27.8% | +106.4% |
| 5-Year ReturnCumulative with dividends | -10.9% | +89.8% | +49.0% | +103.2% |
| 10-Year ReturnCumulative with dividends | -10.9% | +178.2% | +115.4% | +141.5% |
| CAGR (3Y)Annualised 3-year return | +7.4% | +17.5% | +8.5% | +27.3% |
Risk & Volatility
ATO leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
ATO is the less volatile stock with a -0.02 beta — it tends to amplify market swings less than BIPH's 0.54 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. ATO currently trades 94.0% from its 52-week high vs KMI's 90.5% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||||
|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.54x | -0.02x | 0.36x | 0.07x |
| 52-Week HighHighest price in past year | $17.82 | $192.51 | $101.03 | $34.73 |
| 52-Week LowLowest price in past year | $7.40 | $149.98 | $73.06 | $25.60 |
| % of 52W HighCurrent price vs 52-week peak | +93.0% | +94.0% | +90.6% | +90.5% |
| RSI (14)Momentum oscillator 0–100 | 58.8 | 41.0 | 37.9 | 41.8 |
| Avg Volume (50D)Average daily shares traded | 16K | 856K | 2.9M | 12.3M |
Analyst Outlook
Evenly matched — BIPH and ATO each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: ATO as "Hold", SRE as "Buy", KMI as "Hold". Consensus price targets imply 16.9% upside for SRE (target: $107) vs -1.0% for ATO (target: $179). For income investors, BIPH offers the higher dividend yield at 21.49% vs ATO's 1.91%.
| Metric | ||||
|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | — | Hold | Buy | Hold |
| Price TargetConsensus 12-month target | — | $179.00 | $107.00 | $35.00 |
| # AnalystsCovering analysts | — | 20 | 25 | 34 |
| Dividend YieldAnnual dividend ÷ price | +21.5% | +1.9% | +2.7% | +3.7% |
| Dividend StreakConsecutive years of raises | 4 | 28 | 11 | 9 |
| Dividend / ShareAnnual DPS | $3.56 | $3.45 | $2.46 | $1.17 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% | +1.6% | 0.0% |
ATO leads in 2 of 6 categories (Income & Cash Flow, Risk & Volatility). KMI leads in 2 (Profitability & Efficiency, Total Returns). 1 tied.
BIPH vs ATO vs SRE vs KMI: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is BIPH or ATO or SRE or KMI a better buy right now?
For growth investors, Brookfield Infrastructure Corpo (BIPH) is the stronger pick with 17.
3% revenue growth year-over-year, versus 5. 8% for Sempra (SRE). Kinder Morgan, Inc. (KMI) offers the better valuation at 22. 9x trailing P/E (21. 9x forward), making it the more compelling value choice. Analysts rate Sempra (SRE) a "Buy" — based on 25 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — BIPH or ATO or SRE or KMI?
On trailing P/E, Kinder Morgan, Inc.
(KMI) is the cheapest at 22. 9x versus Brookfield Infrastructure Corpo at 138. 1x. On forward P/E, Sempra is actually cheaper at 17. 9x — notably different from the trailing picture, reflecting expected earnings growth. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Kinder Morgan, Inc. wins at 0. 23x versus Atmos Energy Corporation's 2. 46x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.
03Which is the better long-term investment — BIPH or ATO or SRE or KMI?
Over the past 5 years, Kinder Morgan, Inc.
(KMI) delivered a total return of +103. 2%, compared to -10. 9% for Brookfield Infrastructure Corpo (BIPH). Over 10 years, the gap is even starker: ATO returned +178. 2% versus BIPH's -10. 9%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — BIPH or ATO or SRE or KMI?
By beta (market sensitivity over 5 years), Atmos Energy Corporation (ATO) is the lower-risk stock at -0.
02β versus Brookfield Infrastructure Corpo's 0. 54β — meaning BIPH is approximately -3146% more volatile than ATO relative to the S&P 500. On balance sheet safety, Atmos Energy Corporation (ATO) carries a lower debt/equity ratio of 69% versus 171% for Brookfield Infrastructure Corpo — giving it more financial flexibility in a downturn.
05Which is growing faster — BIPH or ATO or SRE or KMI?
By revenue growth (latest reported year), Brookfield Infrastructure Corpo (BIPH) is pulling ahead at 17.
3% versus 5. 8% for Sempra (SRE). On earnings-per-share growth, the picture is similar: Kinder Morgan, Inc. grew EPS 17. 1% year-over-year, compared to -37. 8% for Sempra. Over a 3-year CAGR, ATO leads at 3. 8% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — BIPH or ATO or SRE or KMI?
Atmos Energy Corporation (ATO) is the more profitable company, earning 25.
5% net margin versus 0. 3% for Brookfield Infrastructure Corpo — meaning it keeps 25. 5% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: ATO leads at 33. 2% versus 23. 6% for BIPH. At the gross margin level — before operating expenses — ATO leads at 52. 4%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is BIPH or ATO or SRE or KMI more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, Kinder Morgan, Inc. (KMI) is the more undervalued stock at a PEG of 0. 23x versus Atmos Energy Corporation's 2. 46x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, Sempra (SRE) trades at 17. 9x forward P/E versus 21. 9x for Kinder Morgan, Inc. — 4. 0x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for SRE: 16. 9% to $107. 00.
08Which pays a better dividend — BIPH or ATO or SRE or KMI?
All stocks in this comparison pay dividends.
Brookfield Infrastructure Corpo (BIPH) offers the highest yield at 21. 5%, versus 1. 9% for Atmos Energy Corporation (ATO).
09Is BIPH or ATO or SRE or KMI better for a retirement portfolio?
For long-horizon retirement investors, Atmos Energy Corporation (ATO) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β -0.
02), 1. 9% yield, +178. 2% 10Y return). Both have compounded well over 10 years (ATO: +178. 2%, BIPH: -10. 9%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between BIPH and ATO and SRE and KMI?
These companies operate in different sectors (BIPH (Financial Services) and ATO (Utilities) and SRE (Utilities) and KMI (Energy)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.
In terms of investment character: BIPH is a small-cap high-growth stock; ATO is a mid-cap quality compounder stock; SRE is a mid-cap quality compounder stock; KMI is a mid-cap income-oriented stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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