Energy Transfer LP (ET)

TXSE: ET · USD

$20.7

+0.29 (+1.4%)· Recorded snapshot

Market cap	71.3B
Revenue (ttm)	107.4B
Net income (ttm)	5B
EPS (ttm)	$1.46
Shares out	3.4B
P/E (trailing)	14.2x
P/E (forward)	12.5x
Dividend	$1.36 (6.57%)
Volume	7,097,325
Beta	0.60

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 107.4B
Net income (ttm): 5B
EPS (ttm): $1.46
P/E (trailing): 14.2x
P/E (forward): 12.5x
Market cap: 71.3B

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
BKR	Baker Hughes Company	54.3B	18.8x	1.9x	11.7%	+7.0%	+20.1%	卖出
COP	ConocoPhillips	179B	19.8x	2.8x	11.6%	+16.8%	+73.8%	持有
CVX	Chevron Corporation	448.9B	22.0x	2.2x	8.2%	+12.6%	+54.1%	减持

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E12.5

P25 n/aP50 n/aP75 n/a

Trailing P/E14.2

P25 n/aP50 n/aP75 n/a

ROE14.6

P25 n/aP50 n/aP75 n/a

ROIC8.5

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All ET indicators

Market & fundamental data

Available fields

292

Groups with data

Currency

USD

Showing 292 of 292 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	USD
CIK code	0001276187
Company name	Energy Transfer LP
Country	United States
Country code	US
CUSIP number	29273V100
Earnings date	2026-11-03
Earnings time	bmo
Employees	22,311
Employees change	6,063
Employees growth	37.32%
Enterprise value	$140.5B
Exchange	TXSE
Financial currency	USD
Financial report date	2026-06-30
First seen	2026-05-09
Fiscal year end	December
Founded	2002
Industry	Oil & Gas Midstream
IPO date	2006-02-03
Is primary listing	Yes
Is SPAC	No
ISIN number	US29273V1008
Last 10-K release date	2026-02-19
Last earnings date	2026-08-04
Last refreshed	2026-10-28
Last stock split date	2015-07-27
Last stock split type	Forward
Market cap	$71.3B
Market cap category	Large-Cap
Next earnings date	2026-11-03
Options	Yes
Price	$20.70
Price currency	USD
Sector	Energy
SIC code	4922
Stock price date	2026-10-28
Symbol	ET
U.S. state	Texas
Website	https://energytransfer.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	13.37x
Average P/E ratio (10Y)	13.5x
Average P/E ratio (3Y)	13.85x
Average P/E ratio (5Y)	11.63x
Earnings yield	7.06%
EV/Earnings	27.85x
EV/EBIT	12.71x
EV/EBITDA	8.2x
EV/FCF	26.93x
EV/Sales	1.31x
FCF / EV yield	3.71%
FCF yield	7.32%
Forward EV/Sales	1.08x
Forward P/E	12.5x
Forward P/S	0.55x
Graham number	17.46735
Graham upside	-15.7%
Industry forward P/E	15.24x
Industry P/E	17.83x
Lynch fair value	$9.55
Lynch upside	-53.93%
P/(FCF - SBC) ratio	14.12x
P/(OCF - SBC) ratio	5.97x
P/B ratio	2.2x
P/E ratio	14.17x
P/FCF ratio	13.67x
P/OCF ratio	5.89x
P/S ratio	0.66x
PEG ratio	1x
Price / tangible book value	3.71x
Price/EBITDA ratio	4.16x
Sector forward P/E	10.06x
Sector P/E	15.08x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	10.3%
EBITDA margin	15.97%
Effective tax rate	7.36%
FCF margin	4.86%
Gross margin	17.51%
Operating margin	10.3%
Pretax margin	7.07%
Profit margin	4.92%
Profit per employee	$226,256
Profitable quarters	23
Profitable years	5
Revenue per employee	$4.8M
ROA	5.06%
ROA (5Y)	4.84%
ROCE	8.62%
ROE	14.56%
ROE (5Y)	14.32%
ROIC	8.54%
ROIC (5Y)	8.6%
SBC / revenue	0.15%
Tax / revenue	0.52%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	12.66%
EPS growth (Q)	85.25%
EPS growth (QoQ)	69.69%
EPS growth 10Y	2.92%
EPS growth 3Y	6.64%
EPS growth 5Y	1.4%
EPS growth quarters	1
EPS growth years	0
FCF growth	-8.47%
FCF growth (Q)	145.42%
FCF growth (QoQ)	85.16%
FCF growth 3Y	-7.34%
FCF growth 5Y	-7.47%
Gross profit growth	17.45%
Gross profit growth (Q)	40.91%
Gross profit growth 3Y	12.69%
Gross profit growth 5Y	6.96%
Net income growth	11.43%
Net income growth (Q)	79.52%
Net income growth (QoQ)	69.77%
Net income growth 3Y	10.43%
Net income growth 5Y	6.54%
Net income growth quarters	1
Net income growth years	0
OCF growth	8.76%
OCF growth (Q)	54.63%
OCF growth (QoQ)	26.44%
OCF growth 10Y	13.31%
OCF growth 3Y	5.87%
OCF growth 5Y	1.3%
Operating income growth	19.34%
Operating income growth (Q)	54.58%
Operating income growth 3Y	12.48%
Operating income growth 5Y	4.66%
Revenue growth	33.27%
Revenue growth (Q)	78.43%
Revenue growth (QoQ)	23.63%
Revenue growth 10Y	12.3%
Revenue growth 3Y	9.96%
Revenue growth 5Y	15.57%
Revenue growth quarters	3
Revenue growth years	2

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	$-6.9B
Depreciation and amortization	$6.1B
EBIT	$11.1B
EBITDA	$17.2B
EPS	$1.46
FCF per share	$1.52
Financing cash flow	$-1.7B
Free cash flow	$5.2B
Free cash flow minus SBC	$5.1B
Gross profit	$18.8B
Income taxes	$559M
Investing cash flow	$-9.6B
Net borrowing	$3.6B
Net cash flow	$778M
Net income	$5B
Operating cash flow minus SBC	$12B
Operating income	$11.1B
Revenue	$107.4B
Stock-based compensation	$166M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Book value per share	$9.29
Debt / EBITDA	4.03
Debt / equity	1.38
Debt / FCF	13.46
Goodwill	$5.6B
Interest coverage	3.01
Long-term assets	$125.1B
Long-term liabilities	$77.5B
Net cash (debt)	$-69.2B
Net cash / market cap	-97.02%
Net debt / EBITDA	4.04
Net debt / equity	1.36
Net debt / FCF	13.26
Piotroski F-Score	6
Property, plant and equipment	$106B
Shareholders' equity	$50.8B
Tangible book value	$19.2B
Tangible book value per share	$5.58
Total assets	$148.2B
Total cash	$1B
Total debt	$70.2B
Total liabilities	$97.4B
WACC	6.21%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.79
Current assets	$23.1B
Current liabilities	$19.9B
Current ratio	1.16
Inventory turnover	24.67
Net working capital	$2.5B
Quick ratio	0.91
Working capital	$3.3B
Working capital turnover	42.3

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	-0.08%
Dividend growth	3.04%
Dividend growth (10Y)	1.74%
Dividend growth (3Y)	3.14%
Dividend growth (5Y)	17.31%
Dividend growth years	4
Dividend payment date	2026-11-19
Dividend payment years	21
Dividend payout frequency	Quarterly
Dividend per share	$1.36
Dividend yield	6.57%
Ex-dividend date	2026-11-06
FCF payout ratio	89.4%
Last dividend	$0.34
Payout ratio	92.79%
Shareholder yield	6.48%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	34.92%
10Y return CAGR	11.92%
10Y total return	208.35%
150-day SMA	$20.04
15Y price change	115.06%
15Y return CAGR	13.17%
15Y total return	540.05%
1D price change	1.4%
1M price change	2.58%
1M total return	2.58%
1W price change	5.93%
1W total return	5.93%
1Y price change	22.47%
1Y return CAGR	31.66%
1Y total return	31.64%
20-day SMA	$20.34
200-day SMA	$19.64
20Y price change	189.33%
20Y return CAGR	13.04%
20Y total return	1,061.01%
3M price change	4.02%
3M total return	5.76%
3Y price change	57.97%
3Y return CAGR	24.77%
3Y total return	94.26%
50-day SMA	$20.77
50-day SMA vs 200-day SMA	50over200
52-week high	$21.84
52-week high date	2026-09-10
52-week low	$16.18
52-week low date	2025-12-23
5Y price change	112.85%
5Y return CAGR	25.87%
5Y total return	215.85%
6M price change	8.71%
6M total return	12.44%
All-time high	$35.44
All-time high date	2015-06-15
All-time low	$3.19
All-time low date	2008-11-21
Average true range (ATR)	$0.43
Average volume	7.9M
Beta (1Y)	-0.34
Beta (2Y)	0.4
Beta (5Y)	0.6
Change from 52-week high	-5.24%
Change from 52-week low	27.91%
Change from all-time high	-41.56%
Change from all-time low	549.62%
Change from open	1.25%
Day's gap	0.15%
Dollar volume	$146.9M
High price	$20.94
Low price	$20.42
Monthly RSI	61.63
Open price	$20.44
Position in 52-week range	52.88%
Premarket change	0.44%
Premarket close	$20.41
Premarket price	$20.50
Premarket volume	8.9K
Previous close	$20.41
Price vs 150-day SMA	3.36%
Price vs 20-day SMA	1.81%
Price vs 200-day SMA	5.45%
Price vs 50-day SMA	-0.31%
Relative volume	0.89
RSI	54.6
Sharpe ratio	1.45
Sharpe ratio (3Y)	0.94
Sharpe ratio (5Y)	0.88
Sortino ratio	2.72
Sortino ratio (3Y)	1.68
Sortino ratio (5Y)	1.54
Volume	7.1M
Weekly RSI	57.13
YTD price change	25.59%
YTD total return	32.33%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	2.9B
Float percentage	85.52%
Shares change (QoQ)	0.16%
Shares change (YoY)	0.08%
Shares held by insiders	14.44%
Shares held by institutions	32.4%
Shares outstanding	3.4B
Short % of float	0.91%
Short % of shares	0.78%
Short ratio	3.2 days

Other indicators

Additional ticker metrics that do not fit the primary research groupings.

Metric	Value
Page views	407

Deeper analysis on ET

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

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Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

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Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Scorecard

Frequently asked questions

About this ET report

Is a complete ET research report available?

No complete published report is available for Energy Transfer LP (ET) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

Energy Transfer LP (ET)

Price

Financial snapshot

Fair-value bridge

Latest news · ET

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All ET indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Other indicators

Deeper analysis on ET

Frequently asked questions