Equitrans Midstream Statistics
Total Valuation
ETRN has a market cap or net worth of $5.43 billion. The enterprise value is $13.21 billion.
| Market Cap | 5.43B |
| Enterprise Value | 13.21B |
Important Dates
The next estimated earnings date is Tuesday, July 30, 2024, before market open.
| Earnings Date | Jul 30, 2024 |
| Ex-Dividend Date | May 6, 2024 |
Share Statistics
ETRN has 436.94 million shares outstanding. The number of shares has increased by 1.45% in one year.
| Shares Outstanding | 436.94M |
| Shares Change (YoY) | +1.45% |
| Shares Change (QoQ) | +0.27% |
| Owned by Insiders (%) | 0.70% |
| Owned by Institutions (%) | 87.37% |
| Float | 432.39M |
Valuation Ratios
The trailing PE ratio is 13.96 and the forward PE ratio is 13.40. ETRN's PEG ratio is 0.60.
| PE Ratio | 13.96 |
| Forward PE | 13.40 |
| PS Ratio | 3.81 |
| Forward PS | 3.45 |
| PB Ratio | 5.12 |
| P/FCF Ratio | 10.00 |
| PEG Ratio | 0.60 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 10.37, with an EV/FCF ratio of 24.34.
| EV / Earnings | 33.77 |
| EV / Sales | 9.27 |
| EV / EBITDA | 10.37 |
| EV / EBIT | 14.30 |
| EV / FCF | 24.34 |
Financial Position
The company has a current ratio of 0.68, with a Debt / Equity ratio of 7.48.
| Current Ratio | 0.68 |
| Quick Ratio | 0.57 |
| Debt / Equity | 7.48 |
| Debt / EBITDA | 6.22 |
| Debt / FCF | 14.61 |
| Interest Coverage | 2.02 |
Financial Efficiency
Return on equity (ROE) is 37.40% and return on invested capital (ROIC) is 7.58%.
| Return on Equity (ROE) | 37.40% |
| Return on Assets (ROA) | 3.40% |
| Return on Capital (ROIC) | 7.58% |
| Revenue Per Employee | $1.84M |
| Profits Per Employee | $506,197 |
| Employee Count | 773 |
| Asset Turnover | 0.12 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, ETRN has paid $11.00 million in taxes.
| Income Tax | 11.00M |
| Effective Tax Rate | 2.73% |
Stock Price Statistics
The stock price has increased by +34.85% in the last 52 weeks. The beta is 2.02, so ETRN's price volatility has been higher than the market average.
| Beta (5Y) | 2.02 |
| 52-Week Price Change | +34.85% |
| 50-Day Moving Average | 13.48 |
| 200-Day Moving Average | 11.31 |
| Relative Strength Index (RSI) | 33.67 |
| Average Volume (20 Days) | 14,125,312 |
Short Selling Information
The latest short interest is 11.13 million, so 2.55% of the outstanding shares have been sold short.
| Short Interest | 11.13M |
| Short Previous Month | 11.98M |
| Short % of Shares Out | 2.55% |
| Short % of Float | 2.58% |
| Short Ratio (days to cover) | 2.06 |
Income Statement
In the last 12 months, ETRN had revenue of $1.42 billion and earned $391.29 million in profits. Earnings per share was $0.89.
| Revenue | 1.42B |
| Gross Profit | 1.24B |
| Operating Income | 697.29M |
| Pretax Income | 466.69M |
| Net Income | 391.29M |
| EBITDA | 1.27B |
| EBIT | 924.00M |
| Earnings Per Share (EPS) | $0.89 |
Balance Sheet
The company has $141.88 million in cash and $7.93 billion in debt, giving a net cash position of -$7.79 billion or -$17.82 per share.
| Cash & Cash Equivalents | 141.88M |
| Total Debt | 7.93B |
| Net Cash | -7.79B |
| Net Cash Per Share | -$17.82 |
| Equity (Book Value) | 1.06B |
| Book Value Per Share | 2.43 |
| Working Capital | -211.37M |
Cash Flow
In the last 12 months, operating cash flow was $929.37 million and capital expenditures -$386.61 million, giving a free cash flow of $542.76 million.
| Operating Cash Flow | 929.37M |
| Capital Expenditures | -386.61M |
| Free Cash Flow | 542.76M |
| FCF Per Share | $1.25 |
Margins
Gross margin is 87.19%, with operating and profit margins of 48.93% and 27.46%.
| Gross Margin | 87.19% |
| Operating Margin | 48.93% |
| Pretax Margin | 32.75% |
| Profit Margin | 27.46% |
| EBITDA Margin | 89.38% |
| EBIT Margin | 64.84% |
| FCF Margin | 38.09% |
Dividends & Yields
This stock pays an annual dividend of $0.60, which amounts to a dividend yield of 4.83%.
| Dividend Per Share | $0.60 |
| Dividend Yield | 4.83% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 67.42% |
| Buyback Yield | -1.45% |
| Shareholder Yield | 3.39% |
| Earnings Yield | 7.21% |
| FCF Yield | 10.00% |
Analyst Forecast
The average price target for ETRN is $12.47, which is 0.40% higher than the current price. The consensus rating is "Buy".
| Price Target | $12.47 |
| Price Target Difference | 0.40% |
| Analyst Consensus | Buy |
| Analyst Count | 10 |
| Revenue Growth Forecast (5Y) | 6.30% |
| EPS Growth Forecast (5Y) | 10.69% |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
ETRN has an Altman Z-Score of 0.34 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.34 |
| Piotroski F-Score | 5 |