ET (Energy Transfer LP) EPS without NRI: $1.28 (TTM As of Mar. 2026)


ET Energy Transfer LP ET
84 GF Score
Price $19.33
GF Value $19.15
Valuation Fairly Valued
! 10 Warning Signs
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What is Energy Transfer LP EPS without NRI?

Energy Transfer LP ET +1.47% 84 EPS without NRI is $1.28 as of Mar. 2026. GuruFocus rates ET with a GF Score™ of 84/100 and a GF Value™ of $19.15 (Fairly Valued). The stock has 10 warning signs investors should review. Among 730 Oil & Gas companies, Energy Transfer LP ranks worse than 51.23% on this metric.

Energy Transfer LP's earnings per share without non-recurring items for the three months ended in Mar. 2026 was $0.35. Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2026 was $1.28.

During the past 12 months, Energy Transfer LP's average earnings per share (NRI) Growth Rate was 8.30% per year. During the past 3 years, the average earnings per share (NRI) Growth Rate was -3.20% per year. During the past 5 years, the average earnings per share (NRI) Growth Rate was 5.40% per year. During the past 10 years, the average earnings per share (NRI) Growth Rate was -2.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using Earnings per share without Non-Recurring Items (NRI) data.

The historical rank and industry rank for Energy Transfer LP's EPS without NRI or its related term are showing as below:

ET' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -26.1   Med: 7.1   Max: 95.3
Current: -3.2

During the past 13 years, Energy Transfer LP's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 95.30% per year. The lowest was -26.10% per year. And the median was 7.10% per year.

ET's 3-Year EPS without NRI Growth Rate is ranked worse than
51.23% of 730 companies
in the Oil & Gas industry
Industry Median: -2.2 vs ET: -3.20

Energy Transfer LP's EPS (Diluted) for the three months ended in Mar. 2026 was $0.35. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $1.20.

Energy Transfer LP's EPS (Basic) for the three months ended in Mar. 2026 was $0.35. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was $1.20.


Energy Transfer LP  (NYSE:ET) EPS without NRI Explanation

EPS without NRI removes onetime and unusual items from EPS, to provide investors with a more accurate measure of the company’s true earnings. The earnings are adjusted for items that are irregular or unusual in nature, and/or are non-recurring. This is calculated using Net Income (Continuing Operations) plus/minus any tax affected unusual Items and Goodwill Impairments/Write Offs. This can be used to fairly measure a company's profitability.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Energy Transfer LP EPS without NRI Related Terms


Energy Transfer LP EPS without NRI Historical Data

* Premium members only.

The historical data trend for Energy Transfer LP's EPS without NRI 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.

Energy Transfer LP EPS without NRI Chart

Energy Transfer LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EPS without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.89 1.43 1.28 1.14 1.30

Energy Transfer LP Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EPS without NRI Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.36 0.33 0.28 0.32 0.35

ET vs TRGP, KMI, MPLX: EPS without NRI Comparison

For the Oil & Gas Midstream subindustry, Energy Transfer LP's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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 PE Ratio without NRI vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Energy Transfer LP's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Energy Transfer LP's PE Ratio without NRI falls into.


ET
84GF Score
Energy Transfer LP ET
EPS without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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Energy Transfer LP EPS without NRI Calculation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.

Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock.

EPS without NRI 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 $1.28

* 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.

Frequently Asked Questions Learn more about EPS without NRI →
What does a EPS without NRI of $1.28 mean?
Energy Transfer LP (ET) has a EPS without NRI of $1.28 as of Mar. 2026. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Energy Transfer LP and its competitors. According to the industry distribution chart, Energy Transfer LP ranks #374 out of 730 companies in the Oil & Gas industry, placing it in the top 51.2%.
Is Energy Transfer LP's EPS without NRI too high?
Energy Transfer LP's current EPS without NRI is $1.28. Based on the distribution chart, Energy Transfer LP ranks #374 out of 730 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 EPS without NRI compare to TRGP and KMI?
According to the Oil & Gas industry distribution chart, Energy Transfer LP ranks #374 out of 730 companies for EPS without NRI. This places Energy Transfer LP in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EPS without NRI for an Oil & Gas company?
A good EPS without NRI depends on the Oil & Gas industry context. However, EPS without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EPS without NRI mean?
A high EPS without NRI can signal that a stock is expensive relative to its fundamentals. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Energy Transfer LP and its competitors. Energy Transfer LP's current EPS without NRI is $1.28. 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 $19.15, compared to a current price of $19.33 — trading 0.9% above its estimated fair value. The current EPS without NRI is $1.28. Energy Transfer LP's overall GF Score™ is 84/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EPS without NRI calculated?
EPS without NRI is calculated from a company's financial statements. For Energy Transfer LP (ET), the current EPS without NRI is $1.28 as of Mar. 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 $19.33 is trading 0.9% above its estimated GF Value™ of $19.15. GuruFocus considers Energy Transfer LP to be Fairly Valued.

Key valuation signals for ET:

  • EPS without NRI: $1.28
  • GF Value™: $19.15 vs. price of $19.33 (0.9% above fair value)
  • GF Score™: 84/100 with 10 warning signs

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 LP Business Description

Industry EnergyOil & Gas
Address 8111 Westchester Drive, Suite 600, Dallas, TX, USA, 75225
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

Get the complete analysis for ET

EPS without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$19.33
Price
$19.15
GF Value