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Friday 6 November 2026 Export ET’s income statement to Excel — free account

Energy Transfer LP

ET Energy Oil & Gas Midstream

Energy Transfer LP’s revenue for fiscal 2025 (year ended December 2025) was $85.5 billion, up 3.47% from fiscal 2024.

Revenue
+85.9%
EPS
+17.9%
Free cash flow
+215.5%
Total debt
+9.11%

Quarter to September 2026, against a year earlier

19.21 0.25 −1.28%
Market cap
$66.1B
P/E
12.6×
Fwd P/E
12.0×
Dividend yield
8.78%
F-score
5/9
Altman Z
n/a
Beneish M
−2.48
Dividend safety
66/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Energy Transfer LP (ET) P/S ratio

Alert me on P/S ratio

As of 5 November 2026, Energy Transfer LP (ET) trades at a P/S ratio of 0.5×. Over the past ten years it has ranged from 0.1× (February 2016) to 0.9× (January 2025); the current reading is higher than 49% of that period. That is below the Oil & Gas Midstream industry median of 2.4× and below the Energy sector median of 1.5×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 0.7× (17.74%)
FY2024 0.8× 44.07%
FY2023 0.6× 39.91%
FY2022 0.4× 19.56%
FY2021 0.3× (21.95%)
FY2020 0.4× (31.23%)
FY2019 0.6× 78.86%
FY2018 0.3× (26.33%)
FY2017 0.5× (25.13%)
FY2016 0.6× 55.81%

Quarterly newest first

Period P/S ratio Change
Sep 2026 0.5× (10.80%)
Jun 2026 0.6× (14.82%)
Mar 2026 0.7× 8.72%
Dec 2025 0.7× (10.40%)
43 more quarters

Against its own ten years

Low 0.1× High 0.9×
Ten-year median 0.5×
Current reading's percentile 51

P/S ratio against peers

Company P/S ratio
ET Energy Transfer LP 0.5×
EPD Enterprise Products Partners L.P. compare 1.2×
OKE ONEOK, Inc. compare 1.3×
LNG Cheniere Energy, Inc. compare 2.5×
TRGP Targa Resources, Inc. compare 3.2×
KMI Kinder Morgan, Inc. compare 3.7×
MPLX MPLX LP compare 4.3×
TRP TC Energy Corporation compare 5.8×
WMB Williams Companies, Inc. (The) compare 6.4×
Oil & Gas Midstream industry median 2.4×
Energy sector median 1.5×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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