ET Energy Transfer PE ratio, current and historical analysis
As at Feb 21, 2025, the ET stock has a PE ratio of 15.03. This is based on the current EPS of $1.29 and the stock price of $19.39 per share. An increase of 9% has been seen in the P/E ratio compared to the average of 13.7 of the last 4 quarters.
ET PE ratio history
The mean historical PE ratio of Energy Transfer over the last ten years is 14.25. The current 15.03 PE ratio is 5% above the historical average. Over the past ten years, ET's PE ratio was at its highest in the Mar 2015 quarter at 45.91, with a price of $31.68 and an EPS of $0.69. The Dec 2021 quarter recorded the bottom point at 4.35, with a price of $8.23 and an EPS of $1.89.
Energy Transfer PE ratio by year
Maximum annual increase: 190.39% in 2010
Maximum annual decrease: -74.97% in 2015
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 15.19 | 21.04% | $19.59 | $1.29 |
| 2023 | 12.55 | 48% | $13.8 | $1.1 |
| 2022 | 8.48 | 94.94% | $11.87 | $1.4 |
| 2021 | 4.35 | N/A | $8.23 | $1.89 |
| 2020 | N/A | N/A | $6.18 | -$0.24 |
| 2019 | 9.57 | -13.08% | $12.83 | $1.34 |
| 2018 | 11.01 | -45.79% | $13.21 | $1.2 |
| 2017 | 20.31 | -1.12% | $17.26 | $0.85 |
| 2016 | 20.54 | 65.91% | $19.31 | $0.94 |
| 2015 | 12.38 | -74.97% | $13.74 | $1.11 |
| 2014 | 49.47 | -56.43% | $28.69 | $0.58 |
| 2013 | 113.53 | 189.54% | $20.44 | $0.18 |
| 2012 | 39.21 | 35.25% | $11.37 | $0.29 |
| 2011 | 28.99 | -34.71% | $10.15 | $0.35 |
| 2010 | 44.4 | 190.39% | $9.77 | $0.22 |
Energy Transfer PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Dec 2024 | 15.19 | 29.61% | $19.59 | $1.29 |
| Sep 2024 | 11.72 | -14.01% | $16.05 | $1.37 |
| Jun 2024 | 13.63 | -5.54% | $16.22 | $1.19 |
| Mar 2024 | 14.43 | 14.98% | $15.73 | $1.09 |
| Dec 2023 | 12.55 | -5.21% | $13.8 | $1.1 |
| Sep 2023 | 13.24 | 25.14% | $14.03 | $1.06 |
| Jun 2023 | 10.58 | 14.5% | $12.7 | $1.2 |
| Mar 2023 | 9.24 | 8.96% | $12.47 | $1.35 |
| Dec 2022 | 8.48 | 3.79% | $11.87 | $1.4 |
| Sep 2022 | 8.17 | 3.16% | $11.03 | $1.35 |
| Jun 2022 | 7.92 | -25% | $9.98 | $1.26 |
| Mar 2022 | 10.56 | 142.76% | $11.19 | $1.06 |
| Dec 2021 | 4.35 | -17.77% | $8.23 | $1.89 |
| Sep 2021 | 5.29 | -31.83% | $9.58 | $1.81 |
| Jun 2021 | 7.76 | 31.3% | $10.63 | $1.37 |
ET average PE ratio chart
Currently, ET's PE ratio is greater than its 3, 5 and 10-year historical averages.
ET PE vs peers
Compared to its peer KMI, ET's PE ratio stands lower, however it is higher than KNTK's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| KNTK Kinetik Holdings Inc | 10.39 | $9.3B |
| ET Energy Transfer LP | 15.03 | $66.53B |
| KMI Kinder Morgan Inc | 22.57 | $58.68B |
| NEXT NextDecade Corp | N/A | $2.05B |
Frequently asked questions
What is Energy Transfer's PE ratio?
As of Feb 21, 2025, ET stock has a price to earnings ratio of 15.03.
What is the 3-year average PE ratio for Energy Transfer (ET)?
Over the last 3 years, the average price to earnings ratio for ET stock is 11.31.
What is the 5-year average PE ratio for Energy Transfer (ET)?
Over the last 5 years, the average price to earnings ratio for ET stock is 9.97.
What is the highest PE ratio for ET?
Over the last ten years, the quarterly PE ratio reached a historic high of 45.91 in the Mar 2015 quarter.
How does the current PE ratio for ET compare to its historical average?
ET's current price to earnings ratio is 5% above its 10-year historical average.
How is ET's PE ratio calculated (Energy Transfer PE ratio formula)?
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Feb 21, 2025), Energy Transfer's stock price is $19.39. The earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $1.29. Therefore, Energy Transfer's P/E ratio for today is 15.03. PE RATIO(15.03) = STOCK PRICE($19.39) / TTM EPS($1.29)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.