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Energy Transfer ET Enterprise value

Enterprise value at other companies

Williams Companies logo
Williams CompaniesWMB
$92.54B+39.9%
Oneok logo
OneokOKE
$89.17B-2.9%
Enterprise Products Partners logo
Enterprise Products PartnersEPD
$115.79B+9.7%
Enbridge logo
EnbridgeENB
$118B-38.7%
EQT Corporation logo
EQT CorporationEQT
$45.39B+13.4%
Cheniere Energy Partners logo
Cheniere Energy PartnersCQP
$45.22B-3.1%

Other financials

Income statement

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Revenue$27.8B+32.1%
Gross profit$6.6B+21.5%
Operating income$3.0B+19.8%
Net income$1.3B-5.2%

Balance sheet

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Cash & equivalents$951.0M+110%
Total debt$71.1B+17.3%
Total assets$147.48B+16.7%

Cash flow

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Operating cash flow$3.4B+15.8%
CapEx$1.9B+56.5%
Free cash flow$1.5B-13.6%

Valuation

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Market cap$64.52B+4.1%
P/E14.8×+2.1×
P/S0.7×-0.1×

Profitability

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Gross margin25.2%-0.6pp
Operating margin10.3%-1.0pp
Net margin4.7%-1.2pp

Returns & leverage

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Current ratio1.2×0.0×

Where this comes from

Calculated from Energy Transfer’s reported figures.

The official record: Energy Transfer’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Energy Transfer's enterprise value?
Energy Transfer (ET) reported enterprise value of $136.55B in Q1 2026.
How has Energy Transfer's enterprise value changed year-over-year?
Energy Transfer's enterprise value increased by 10.2% year-over-year, from $123.94B to $136.55B.
What is the long-term trend for Energy Transfer's enterprise value?
Over 4 years (2021 to 2025), Energy Transfer's enterprise value has grown at a 13.7% compound annual growth rate (CAGR), from $293.31B to $490.83B.
What does enterprise value mean?
What it would cost to buy the entire business, debt included and cash netted out.
How do you interpret enterprise value?
The capital-structure-neutral valuation base — used in EV/EBITDA and EV/Sales to compare companies with different leverage on a like-for-like footing.
How does enterprise value compare across companies?
Comparable across non-financial companies via the EV multiples it feeds; not used for banks and insurers.