Energy Transfer LP (ET) vs MPLX LP (MPLX)
Energy Transfer LP and MPLX LP are both Oil & Gas Midstream companies. Energy Transfer LP is the larger, with a market value of $70.2B against $58.8B — 1.2× the size. MPLX LP trades at the lower P/E: 12.2× against 13.7×. Energy Transfer LP grew revenue faster over the last twelve months: 33.3% against 8.71%. MPLX LP has the higher net margin (35.8% vs 4.70%) and the higher return on invested capital (9.45% vs 5.72%). Both pay a dividend; MPLX LP yields more (9.32% vs 8.97%). Across the 22 metrics below, MPLX LP leads on 12 and Energy Transfer LP on 10.
Valuation
Profitability
| Metric | ET | MPLX | Oil & Gas Midstream median |
|---|---|---|---|
| Gross margin | 23.58% | 59.69% | 58.81% |
| Operating margin | 10.04% | 44.44% | 32.14% |
| Net margin | 4.70% | 35.75% | 21.16% |
| Free cash flow margin | 4.87% | 32.63% | 10.15% |
| Return on equity | 11.30% | 33.41% | 11.30% |
| Return on assets | 3.70% | 11.70% | 5.00% |
| Return on invested capital | 5.72% | 9.45% | 6.13% |
Growth
Health
Dividend
Size
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