Energy Transfer LP (ET): Valuation
TTM figures as of June 30, 2026
Energy Transfer LP trades at 14.0 times trailing earnings and a 7.03% free-cash-flow yield. The Energy median P/E is 16.6.
Earnings yield 7.13%. Net debt $67.4B.
Sector comparison uses 988 Energy names.
Frequently asked questions
Is ET cheap versus its own history?
Energy Transfer LP trades at 14.0 times trailing earnings and a 7.03% free-cash-flow yield. The Energy median P/E is 16.6.
What is ET's free-cash-flow yield?
Energy Transfer LP currently yields 7.03% of market cap as trailing free cash flow.
Where do these valuation figures come from?
Yields and quality metrics are computed from the same SEC TTM figures as the financials page, against the live market cap. Historical bands reconstruct month-end market cap from split-adjusted closes and the share count in the units it was filed, then divide by those dollar totals. Nothing here is a third-party estimate.