The historical rank and industry rank for Energy Transfer LP's Net Margin % or its related term are showing as below:
ET'
s Net Margin % Range Over the Past 10 Years
Min: -1.66 Med: 3.26 Max: 8.11
Current: 6.05
ET's Net Margin % is ranked better than 56.54% of 948
companies
in the Oil & Gas industry
Industry Median: 3.7
vs ET: 6.05
Energy Transfer LP Net Margin % Historical Data
The historical data trend for Energy Transfer LP's Net 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.
Competitive Comparison of Energy Transfer LP's Net Margin %
For the Oil & Gas Midstream subindustry, Energy Transfer LP's Net Margin %, along with its competitors' market caps and Net 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's Net Margin % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Energy Transfer LP's Net Margin % distribution charts can be found below:
* The bar in red indicates where Energy Transfer LP's Net Margin % falls into.
Energy Transfer LP Net Margin % Calculation
Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.
Energy Transfer LP's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as
* 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 (NYSE:ET) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Energy Transfer LP Net Margin % Related Terms
Thank you for viewing the detailed overview of Energy Transfer LP's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Energy Transfer owns one of the largest portfolios of crude oil, natural gas, and natural gas liquid assets in the US, primarily in Texas and the US midcontinent region. Its pipeline network totals 130,000 miles. It also owns gathering and processing facilities, one of the largest fractionation facilities in the US, fuel distribution assets, and the Lake Charles gas liquefaction facility. It combined its publicly traded limited and general partnerships in October 2018.
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