Energy Transfer LP (ET)
NYSE: ET · Real-Time Price · USD
20.78
+0.19 (0.92%)
At close: Aug 11, 2026, 4:00 PM EDT
20.79
+0.01 (0.05%)
After-hours: Aug 11, 2026, 7:59 PM EDT

Energy Transfer LP Statistics

Total Valuation

ET has a market cap or net worth of $71.55 billion. The enterprise value is $140.77 billion.

Market Cap71.55B
Enterprise Value 140.77B

Important Dates

The last earnings date was Tuesday, August 4, 2026, before market open.

Earnings Date Aug 4, 2026
Ex-Dividend Date Aug 7, 2026

Share Statistics

ET has 3.44 billion shares outstanding. The number of shares has increased by 0.08% in one year.

Current Share Class 3.44B
Shares Outstanding 3.44B
Shares Change (YoY) +0.08%
Shares Change (QoQ) +0.16%
Owned by Insiders (%) 10.16%
Owned by Institutions (%) 31.96%
Float 3.09B

Valuation Ratios

The trailing PE ratio is 14.23 and the forward PE ratio is 12.77. ET's PEG ratio is 1.74.

PE Ratio 14.23
Forward PE 12.77
PS Ratio 0.67
Forward PS 0.54
PB Ratio 2.24
P/TBV Ratio 3.73
P/FCF Ratio 13.71
P/OCF Ratio 5.90
PEG Ratio 1.74
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 8.34, with an EV/FCF ratio of 26.97.

EV / Earnings 27.89
EV / Sales 1.31
EV / EBITDA 8.34
EV / EBIT 13.05
EV / FCF 26.97

Financial Position

The company has a current ratio of 1.16, with a Debt / Equity ratio of 1.38.

Current Ratio 1.16
Quick Ratio 0.91
Debt / Equity 1.38
Debt / EBITDA 4.16
Debt / FCF 13.46
Interest Coverage 2.93

Financial Efficiency

Return on equity (ROE) is 14.56% and return on invested capital (ROIC) is 8.54%.

Return on Equity (ROE) 14.56%
Return on Assets (ROA) 5.06%
Return on Invested Capital (ROIC) 8.54%
Return on Capital Employed (ROCE) 8.40%
Weighted Average Cost of Capital (WACC) 6.11%
Revenue Per Employee $4.81M
Profits Per Employee $226,256
Employee Count22,311
Asset Turnover 0.79
Inventory Turnover 24.67

Taxes

In the past 12 months, ET has paid $559.00 million in taxes.

Income Tax 559.00M
Effective Tax Rate 7.36%

Stock Price Statistics

The stock price has increased by +20.26% in the last 52 weeks. The beta is 0.56, so ET's price volatility has been lower than the market average.

Beta (5Y) 0.56
52-Week Price Change +20.26%
50-Day Moving Average 19.69
200-Day Moving Average 18.50
Relative Strength Index (RSI) 62.42
Average Volume (20 Days) 9,966,520

Short Selling Information

The latest short interest is 33.65 million, so 0.98% of the outstanding shares have been sold short.

Short Interest 33.65M
Short Previous Month 32.18M
Short % of Shares Out 0.98%
Short % of Float 1.09%
Short Ratio (days to cover) 4.10

Income Statement

In the last 12 months, ET had revenue of $107.38 billion and earned $5.05 billion in profits. Earnings per share was $1.46.

Revenue107.38B
Gross Profit 18.80B
Operating Income 11.06B
Pretax Income 7.60B
Net Income 5.05B
EBITDA 16.87B
EBIT 10.78B
Earnings Per Share (EPS) $1.46
Full Income Statement

Balance Sheet

The company has $1.02 billion in cash and $70.24 billion in debt, with a net cash position of -$69.22 billion or -$20.10 per share.

Cash & Cash Equivalents 1.02B
Total Debt 70.24B
Net Cash -69.22B
Net Cash Per Share -$20.10
Equity (Book Value) 50.78B
Book Value Per Share 9.29
Working Capital 3.26B
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 6.09B
Net Borrowing 3.57B
Free Cash Flow 5.22B
FCF Per Share $1.52
Full Cash Flow Statement

Margins

Gross margin is 17.51%, with operating and profit margins of 10.30% and 4.92%.

Gross Margin 17.51%
Operating Margin 10.30%
Pretax Margin 7.07%
Profit Margin 4.92%
EBITDA Margin 15.71%
EBIT Margin 10.04%
FCF Margin 4.86%

Dividends & Yields

This stock pays an annual dividend of $1.36, which amounts to a dividend yield of 6.61%.

Dividend Per Share $1.36
Dividend Yield 6.61%
Dividend Growth (YoY) 3.07%
Years of Dividend Growth 4
Payout Ratio 92.11%
Buyback Yield -0.08%
Shareholder Yield 6.46%
Earnings Yield 7.06%
FCF Yield 7.29%
Dividend Details

Analyst Forecast

The average price target for ET is $24.29, which is 16.89% higher than the current price. The consensus rating is "Strong Buy".

Price Target $24.29
Price Target Difference 16.89%
Analyst Consensus Strong Buy
Analyst Count 21
Revenue Growth Forecast (3Y) 12.63%
EPS Growth Forecast (3Y) 10.02%
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 6