Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Energy Transfer LPET -2.61%85 EBITDA Margin % is 15.24% as of Jun. 2026, which is 6% below its 10-year median of 16.22. GuruFocus rates ET with a GF Score™ of 85/100 and a GF Value™ of $22.34 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 924 Oil & Gas companies, Energy Transfer LP ranks worse than 51.19% on this metric.
EBITDA Margin % is calculated as EBITDA divided by its Revenue. Energy Transfer LP's EBITDA for the
three
months ended in Jun. 2026 was $5,233 Mil. Energy Transfer LP's Revenue for the
three
months ended in Jun. 2026 was $34,334 Mil. Therefore, Energy Transfer LP's EBITDA margin for the quarter that ended in Jun. 2026 was 15.24%.
Energy Transfer LP (NYSE:ET) EBITDA Margin % Explanation
EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.
Energy Transfer LP EBITDA Margin % Related Terms
Energy Transfer LP EBITDA Margin % Historical Data
* Premium members only.
The historical data trend for Energy Transfer LP's EBITDA Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas Midstream subindustry, Energy Transfer LP's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Energy Transfer LP EBITDA Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Energy Transfer LP's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where Energy Transfer LP's EBITDA Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Energy Transfer LP (ET) has a EBITDA Margin % of 15.24% as of Jun. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Energy Transfer LP and its competitors. This is near median its historical median of 16.22. Over the past decade, Energy Transfer LP's EBITDA Margin % has ranged from 12.80 to 19.36. According to the industry distribution chart, Energy Transfer LP ranks #473 out of 924 companies in the Oil & Gas industry, placing it in the top 51.2%.
Is Energy Transfer LP's EBITDA Margin % too high?
Energy Transfer LP's current EBITDA Margin % of 15.24% is near median its 10-year median of 16.22. Over the past 10 years, this metric has ranged from a low of 12.80 to a high of 19.36. The Oil & Gas industry median EBITDA Margin % is 14.26. Energy Transfer LP's value of 15.24% is 6.9% above this industry median. Based on the distribution chart, Energy Transfer LP ranks #473 out of 924 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Energy Transfer LP has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Energy Transfer LP's EBITDA Margin % compare to KMI and TRGP?
According to the Oil & Gas industry distribution chart, Energy Transfer LP ranks #473 out of 924 companies for EBITDA Margin %. This places Energy Transfer LP in the lower half of its industry. The industry median EBITDA Margin % is 14.26. Energy Transfer LP's value of 15.24% is 6.9% above this benchmark. Historically, Energy Transfer LP's own EBITDA Margin % has ranged from 12.80 to 19.36 over the past decade. While the company's 10-year median is 16.22 vs. the industry median of 14.26, Energy Transfer LP has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for an Oil & Gas company?
The median EBITDA Margin % among Oil & Gas companies is 14.26, based on 924 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Energy Transfer LP's current EBITDA Margin % of 15.24% is 6.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Energy Transfer LP and its competitors. For the Oil & Gas industry, the median EBITDA Margin % is 14.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Energy Transfer LP's current EBITDA Margin % is 15.24%, which is near median its own 10-year median of 16.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energy Transfer LP stock overvalued right now?
Based on GuruFocus' analysis, Energy Transfer LP (ET) is currently considered Modestly Undervalued. The stock's GF Value™ is $22.34, compared to a current price of $20.13 — trading 9.9% below its estimated fair value. The current EBITDA Margin % is 15.24%, which is near median its 10-year median of 16.22 and 6.9% above the Oil & Gas industry median of 14.26. Energy Transfer LP's overall GF Score™ is 85/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Energy Transfer LP (ET), the current EBITDA Margin % is 15.24% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Energy Transfer LP (ET) Overvalued in 2026?
Based on GuruFocus' analysis, Energy Transfer LP stock appears to be undervalued.
The current stock price of $20.13 is trading 9.9% below its estimated GF Value™ of $22.34.
GuruFocus considers Energy Transfer LP to be Modestly Undervalued.
Key valuation signals for ET:
EBITDA Margin %: 15.24% (near median its 10-year median of 16.22)
GF Value™: $22.34 vs. price of $20.13 (9.9% below fair value)
Industry Position: 6.9% above the Oil & Gas median (#473 of 924)
No single metric tells the full story. See the ET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Energy Transfer is a diversified midstream firm operating from wellhead to consuming demand. It handles natural gas, natural gas liquids, crude oil, and refined products. Commodities are moved through its network of field-level gathering and processing to refineries and demand centers. Operations are concentrated in Texas and the midcontinent United States. It also controls Sunoco and USA Compression through its general partner relationship.
85GF Score
Get the complete analysis for ET
EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ET has been successfully added to your 
