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Energy Transfer ET Price / sales

Price / sales at other companies

Williams Companies logo
Williams CompaniesWMB
6.7×+1.5×
Oneok logo
OneokOKE
1.6×-0.9×
Enterprise Products Partners logo
Enterprise Products PartnersEPD
1.6×+0.3×
Enbridge logo
EnbridgeENB
1.7×+0.1×
EQT Corporation logo
EQT CorporationEQT
3.9×-1.8×
Cheniere Energy Partners logo
Cheniere Energy PartnersCQP
2.8×-0.6×

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%
Enterprise value$134.68B+10.2%
P/E14.8×+2.1×

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.

Based on the most recent quarter.

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 price / sales?
Energy Transfer (ET) reported price / sales of 0.7× in Q1 2026.
How has Energy Transfer's price / sales changed year-over-year?
Energy Transfer's price / sales decreased by 7.4% year-over-year, from 0.8× to 0.7×.
What is the long-term trend for Energy Transfer's price / sales?
Over 4 years (2021 to 2025), Energy Transfer's price / sales has grown at a 12.1% compound annual growth rate (CAGR), from 1.9× to 2.9×.
What does price / sales mean?
How many dollars investors pay for each dollar of the company's annual sales.
How do you interpret price / sales?
Useful when earnings are negative or volatile (e.g. early-stage or cyclical firms). Only comparable across companies with similar margins — a sales dollar is worth more at a high-margin business.
How does price / sales compare across companies?
Best compared within a margin cohort; a software P/S and a retailer P/S are not directly comparable.