Energy Transfer LPET -1.46%84 FCF Margin % is 5.26% as of Mar. 2026, which is 3% above its 10-year median of 5.12. GuruFocus rates ET with a GF Score™ of 84/100 and a GF Value™ of $19.05 (Fairly Valued). The stock has 10 warning signs investors should review. Among 905 Oil & Gas companies, Energy Transfer LP ranks better than 52.6% on this metric.
The historical rank and industry rank for Energy Transfer LP's FCF Margin % or its related term are showing as below:
ET'
s FCF Margin % Range Over the Past 10 Years
Min: -13.99 Med: 5.12 Max: 12.37
Current: 3.92
During the past 13 years, the highest FCF Margin % of Energy Transfer LP was 12.37%. The lowest was -13.99%. And the median was 5.12%.
ET's FCF Margin % is ranked better than 52.6% of 905
companies
in the Oil & Gas industry
Industry Median: 3.31
vs ET: 3.92
Energy Transfer LP FCF Margin % Related Terms
Energy Transfer LP FCF Margin % Historical Data
* Premium members only.
The historical data trend for Energy Transfer LP's FCF 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 FCF Margin %, along with its competitors' market caps and FCF 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 FCF Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Energy Transfer LP's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Energy Transfer LP's FCF 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 FCF Margin % of 5.26% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Energy Transfer LP and its competitors. This is near median its historical median of 5.12. According to the industry distribution chart, Energy Transfer LP ranks #429 out of 905 companies in the Oil & Gas industry, placing it in the top 47.4%.
Is Energy Transfer LP's FCF Margin % too high?
Energy Transfer LP's current FCF Margin % of 5.26% is near median its 10-year median of 5.12. The Oil & Gas industry median FCF Margin % is 3.31. Energy Transfer LP's value of 5.26% is 58.9% above this industry median. Based on the distribution chart, Energy Transfer LP ranks #429 out of 905 companies in the Oil & Gas industry, which is above 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 FCF Margin % compare to KMI and MPLX?
According to the Oil & Gas industry distribution chart, Energy Transfer LP ranks #429 out of 905 companies for FCF Margin %. This puts Energy Transfer LP in the upper half of its industry. The industry median FCF Margin % is 3.31. Energy Transfer LP's value of 5.26% is 58.9% above this benchmark. While the company's 10-year median is 5.12 vs. the industry median of 3.31, 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 FCF Margin % for an Oil & Gas company?
The median FCF Margin % among Oil & Gas companies is 3.31, based on 905 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Energy Transfer LP's current FCF Margin % of 5.26% is 58.9% 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Energy Transfer LP and its competitors. For the Oil & Gas industry, the median FCF Margin % is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Energy Transfer LP's current FCF Margin % is 5.26%, which is near median its own 10-year median of 5.12. 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 $19.05, compared to a current price of $18.94 — trading 0.6% below its estimated fair value. The current FCF Margin % is 5.26%, which is near median its 10-year median of 5.12 and 58.9% above the Oil & Gas industry median of 3.31. 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 FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Energy Transfer LP (ET), the current FCF Margin % is 5.26% 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 undervalued.
The current stock price of $18.94 is trading 0.6% below its estimated GF Value™ of $19.05.
GuruFocus considers Energy Transfer LP to be Fairly Valued.
Key valuation signals for ET:
FCF Margin %: 5.26% (near median its 10-year median of 5.12)
GF Value™: $19.05 vs. price of $18.94 (0.6% below fair value)
Industry Position: 58.9% above the Oil & Gas median (#429 of 905)
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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