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Energy Transfer LPET -2.21%84 EV-to-EBIT is 15.39 as of Jul. 28, 2026, which is 13% above its 10-year median of 13.66. GuruFocus rates ET with a GF Score™ of 84/100 and a GF Value™ of $19.43 (Fairly Valued). The stock has 11 warning signs investors should review. Among 690 Oil & Gas companies, Energy Transfer LP ranks worse than 63.77% on this metric.
Energy Transfer LP (NYSE:ET) EV-to-EBIT Explanation
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Energy Transfer LP's Enterprise Value for the quarter that ended in Mar. 2026 was $152,095 Mil.
Energy Transfer LP's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $10,020 Mil.
* 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 EV-to-EBIT Related Terms
Energy Transfer LP EV-to-EBIT Historical Data
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The historical data trend for Energy Transfer LP's EV-to-EBIT 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 EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Energy Transfer LP's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Energy Transfer LP's EV-to-EBIT falls into.
Energy Transfer LP's current Enterprise Value is $154,195 Mil.
Energy Transfer LP's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $10,020 Mil.
* 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 EV-to-EBIT of 15.39 as of Jul. 28, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Energy Transfer LP and its competitors. This is 13% above median its historical median of 13.66. Over the past decade, Energy Transfer LP's EV-to-EBIT has ranged from 8.68 to 36.83. According to the industry distribution chart, Energy Transfer LP ranks #440 out of 690 companies in the Oil & Gas industry, placing it in the top 63.8%.
Is Energy Transfer LP's EV-to-EBIT too high?
Energy Transfer LP's current EV-to-EBIT of 15.39 is 13% above median its 10-year median of 13.66. Over the past 10 years, this metric has ranged from a low of 8.68 to a high of 36.83. The Oil & Gas industry median EV-to-EBIT is 11.80. Energy Transfer LP's value of 15.39 is 30.4% above this industry median. Based on the distribution chart, Energy Transfer LP ranks #440 out of 690 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Energy Transfer LP has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Energy Transfer LP's EV-to-EBIT compare to KMI and TRGP?
According to the Oil & Gas industry distribution chart, Energy Transfer LP ranks #440 out of 690 companies for EV-to-EBIT. This places Energy Transfer LP in the lower half of its industry. The industry median EV-to-EBIT is 11.80. Energy Transfer LP's value of 15.39 is 30.4% above this benchmark. Historically, Energy Transfer LP's own EV-to-EBIT has ranged from 8.68 to 36.83 over the past decade. While the company's 10-year median is 13.66 vs. the industry median of 11.80, 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 EV-to-EBIT for an Oil & Gas company?
The median EV-to-EBIT among Oil & Gas companies is 11.80, based on 690 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Energy Transfer LP's current EV-to-EBIT of 15.39 is 30.4% 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Energy Transfer LP and its competitors. For the Oil & Gas industry, the median EV-to-EBIT is 11.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Energy Transfer LP's current EV-to-EBIT is 15.39, which is 13% above median its own 10-year median of 13.66. 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 Fairly Valued. The stock's GF Value™ is $19.43, compared to a current price of $19.91 — trading 2.5% above its estimated fair value. The current EV-to-EBIT is 15.39, which is 13% above median its 10-year median of 13.66 and 30.4% above the Oil & Gas industry median of 11.80. Energy Transfer LP's overall GF Score™ is 84/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Energy Transfer LP (ET), the current EV-to-EBIT is 15.39 as of Jul. 28, 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 overvalued.
The current stock price of $19.91 is trading 2.5% above its estimated GF Value™ of $19.43.
GuruFocus considers Energy Transfer LP to be Fairly Valued.
Key valuation signals for ET:
EV-to-EBIT: 15.39 (13% above median its 10-year median of 13.66)
GF Value™: $19.43 vs. price of $19.91 (2.5% above fair value)
Industry Position: 30.4% above the Oil & Gas median (#440 of 690)
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.
84GF Score
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