Energy Transfer LP (ET)
TXSE: ET · Real-Time Price · USD
20.16
-0.18 (-0.88%)
At close: Nov 3, 2026, 4:00 PM EST
20.27
+0.11 (0.55%)
Pre-market: Nov 4, 2026, 6:04 AM EST

Energy Transfer LP Statistics

Total Valuation

ET has a market cap or net worth of $69.42 billion. The enterprise value is $139.90 billion.

Market Cap69.42B
Enterprise Value 139.90B

Important Dates

The last earnings date was Tuesday, November 3, 2026, before market open.

Earnings Date Nov 3, 2026
Ex-Dividend Date Nov 6, 2026

Share Statistics

ET has 3.44 billion shares outstanding. The number of shares has increased by 0.07% in one year.

Current Share Class 3.44B
Shares Outstanding 3.44B
Shares Change (YoY) +0.07%
Shares Change (QoQ) +0.10%
Owned by Insiders (%) 14.44%
Owned by Institutions (%) 32.35%
Float 2.94B

Valuation Ratios

The trailing PE ratio is 13.35 and the forward PE ratio is 12.25. ET's PEG ratio is 0.99.

PE Ratio 13.35
Forward PE 12.25
PS Ratio 0.56
Forward PS 0.53
PB Ratio 2.17
P/TBV Ratio 3.61
P/FCF Ratio 13.30
P/OCF Ratio 5.73
PEG Ratio 0.99
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 7.81, with an EV/FCF ratio of 26.81.

EV / Earnings 26.75
EV / Sales 1.12
EV / EBITDA 7.81
EV / EBIT 11.96
EV / FCF 26.81

Financial Position

The company has a current ratio of 1.16, with a Debt / Equity ratio of 1.41.

Current Ratio 1.16
Quick Ratio n/a
Debt / Equity 1.41
Debt / EBITDA 3.87
Debt / FCF 13.50
Interest Coverage 3.13

Financial Efficiency

Return on equity (ROE) is 15.57% and return on invested capital (ROIC) is 8.95%.

Return on Equity (ROE) 15.57%
Return on Assets (ROA) 5.24%
Return on Invested Capital (ROIC) 8.95%
Return on Capital Employed (ROCE) 9.10%
Weighted Average Cost of Capital (WACC) 6.21%
Revenue Per Employee $5.58M
Profits Per Employee $234,369
Employee Count22,311
Asset Turnover 0.89
Inventory Turnover n/a

Taxes

In the past 12 months, ET has paid $659.00 million in taxes.

Income Tax 659.00M
Effective Tax Rate 8.02%

Stock Price Statistics

The stock price has increased by +19.79% in the last 52 weeks. The beta is 0.60, so ET's price volatility has been lower than the market average.

Beta (5Y) 0.60
52-Week Price Change +19.79%
50-Day Moving Average 20.73
200-Day Moving Average 19.70
Relative Strength Index (RSI) 45.28
Average Volume (20 Days) 8,171,594

Short Selling Information

The latest short interest is 26.94 million, so 0.78% of the outstanding shares have been sold short.

Short Interest 26.94M
Short Previous Month 26.56M
Short % of Shares Out 0.78%
Short % of Float 0.91%
Short Ratio (days to cover) 3.17

Income Statement

In the last 12 months, ET had revenue of $124.53 billion and earned $5.23 billion in profits. Earnings per share was $1.51.

Revenue124.53B
Gross Profit 19.73B
Operating Income 11.69B
Pretax Income 8.22B
Net Income 5.23B
EBITDA 17.91B
EBIT 11.69B
Earnings Per Share (EPS) $1.51
Full Income Statement

Balance Sheet

Cash & Cash Equivalents n/a
Total Debt 70.48B
Net Cash -70.48B
Net Cash Per Share -$20.47
Equity (Book Value) 49.92B
Book Value Per Share 9.28
Working Capital 3.29B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $12.12 billion and capital expenditures -$6.90 billion, giving a free cash flow of $5.22 billion.

Operating Cash Flow 12.12B
Capital Expenditures -6.90B
Depreciation & Amortization 6.22B
Net Borrowing 3.57B
Free Cash Flow 5.22B
FCF Per Share $1.52
Full Cash Flow Statement

Margins

Gross margin is 15.84%, with operating and profit margins of 9.39% and 4.39%.

Gross Margin 15.84%
Operating Margin 9.39%
Pretax Margin 6.60%
Profit Margin 4.39%
EBITDA Margin 14.38%
EBIT Margin 9.39%
FCF Margin 4.86%

Dividends & Yields

This stock pays an annual dividend of $1.36, which amounts to a dividend yield of 6.75%.

Dividend Per Share $1.36
Dividend Yield 6.75%
Dividend Growth (YoY) 3.04%
Years of Dividend Growth 4
Payout Ratio 89.71%
FCF Payout Ratio 89.40%
Buyback Yield -0.07%
Shareholder Yield 6.68%
Earnings Yield 7.49%
FCF Yield 7.52%
Dividend Details

Analyst Forecast

The average price target for ET is $24.70, which is 22.52% higher than the current price. The consensus rating is "Strong Buy".

Price Target $24.70
Price Target Difference 22.52%
Analyst Consensus Strong Buy
Analyst Count 23
Revenue Growth Forecast (3Y) 14.76%
EPS Growth Forecast (3Y) 12.42%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on July 27, 2015. It was a forward split with a ratio of 2:1.

Last Split Date Jul 27, 2015
Split Type Forward
Split Ratio 2:1

Scores

Altman Z-Score n/a
Piotroski F-Score 5