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- Energy Transfer
Energy Transfer Valuation Multiples
Discover revenue and EBITDA valuation multiples for Energy Transfer and similar public comparables like Sempra, TC Energy, Baker Hughes, MPLX and more.
Energy Transfer Overview
About Energy Transfer
Energy Transfer is a diversified midstream firm, operating from wellhead to consuming demand. It handles natural gas, natural gas liquids, or NGLs, crude oil, and refined products. Commodities are moved through its network of field level gathering and processing to refineries and demand centers. Operations are concentrated in Texas and the Midcontinent United States. It also controls Sunoco and USA Compression through its general partner relationship.
Founded
2002
HQ

Employees
22.3K
Website
Financials (LTM)
EV
$134B
Energy Transfer Financials
Energy Transfer reported last 12-month revenue of $90B and EBITDA of $16B.
In the same LTM period, Energy Transfer generated $23B in gross profit, $16B in EBITDA, and $5B in net income.
Revenue (LTM)
Energy Transfer P&L
In the most recent fiscal year, Energy Transfer reported revenue of $86B and EBITDA of $16B.
Energy Transfer expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $90B | XXX | $86B | XXX | XXX | XXX |
| Gross Profit | $23B | XXX | $16B | XXX | XXX | XXX |
| Gross Margin | 25% | XXX | 19% | XXX | XXX | XXX |
| EBITDA | $16B | XXX | $16B | XXX | XXX | XXX |
| EBITDA Margin | 18% | XXX | 19% | XXX | XXX | XXX |
| EBIT Margin | 11% | XXX | 11% | XXX | XXX | XXX |
| Net Profit | $5B | XXX | $4B | XXX | XXX | XXX |
| Net Margin | 5% | XXX | 5% | XXX | XXX | XXX |
| Net Debt | — | — | $67B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Energy Transfer Stock Performance
Energy Transfer has current market cap of $65B, and enterprise value of $134B.
Market Cap Evolution
Energy Transfer's stock price is $18.84.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $134B | $65B | 0.0% | XXX | XXX | XXX | $1.29 |
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Start Free TrialEnergy Transfer Valuation Multiples
Energy Transfer trades at 1.5x EV/Revenue multiple, and 8.1x EV/EBITDA.
EV / Revenue (LTM)
Energy Transfer Financial Valuation Multiples
As of April 9, 2026, Energy Transfer has market cap of $65B and EV of $134B.
Equity research analysts estimate Energy Transfer's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Energy Transfer has a P/E ratio of 14.2x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $65B | XXX | $65B | XXX | XXX | XXX |
| EV (current) | $134B | XXX | $134B | XXX | XXX | XXX |
| EV/Revenue | 1.5x | XXX | 1.6x | XXX | XXX | XXX |
| EV/EBITDA | 8.1x | XXX | 8.4x | XXX | XXX | XXX |
| EV/EBIT | 13.6x | XXX | 14.3x | XXX | XXX | XXX |
| EV/Gross Profit | 5.9x | XXX | 8.2x | XXX | XXX | XXX |
| P/E | 14.2x | XXX | 14.6x | XXX | XXX | XXX |
| EV/FCF | 30.9x | XXX | 32.5x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Energy Transfer Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Energy Transfer Margins & Growth Rates
Energy Transfer's revenue in the last 12 month grew by 15%.
Energy Transfer's revenue per employee in the last FY averaged $3.8M, while opex per employee averaged $0.3M for the same period.
Energy Transfer's rule of 40 is 37% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Energy Transfer's rule of X is 67% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Energy Transfer Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 15% | XXX | 20% | XXX | XXX | XXX |
| EBITDA Margin | 18% | XXX | 19% | XXX | XXX | XXX |
| EBITDA Growth | 9% | XXX | 10% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 37% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 67% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $3.8M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 8% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Energy Transfer Public Comps
See public comps and valuation multiples for other Energy Services and Oil & Gas comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Sempra | XXX | XXX | XXX | XXX | XXX | XXX |
| TC Energy | XXX | XXX | XXX | XXX | XXX | XXX |
| Baker Hughes | XXX | XXX | XXX | XXX | XXX | XXX |
| MPLX | XXX | XXX | XXX | XXX | XXX | XXX |
| E.ON | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Energy Transfer M&A Activity
Energy Transfer acquired XXX companies to date.
Last acquisition by Energy Transfer was on XXXXXXXX, XXXXX. Energy Transfer acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Energy Transfer
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
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Start Free TrialEnergy Transfer Investment Activity
Energy Transfer invested in XXX companies to date.
Energy Transfer made its latest investment on XXXXXXXX, XXXXX. Energy Transfer invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Energy Transfer
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Energy Transfer
| When was Energy Transfer founded? | Energy Transfer was founded in 2002. |
| Where is Energy Transfer headquartered? | Energy Transfer is headquartered in United States. |
| How many employees does Energy Transfer have? | As of today, Energy Transfer has over 22K employees. |
| Who is the CEO of Energy Transfer? | Energy Transfer's CEO is Marshall S. McCrea. |
| Is Energy Transfer publicly listed? | Yes, Energy Transfer is a public company listed on NYSE. |
| What is the stock symbol of Energy Transfer? | Energy Transfer trades under ET ticker. |
| When did Energy Transfer go public? | Energy Transfer went public in 2006. |
| Who are competitors of Energy Transfer? | Energy Transfer main competitors are Sempra, TC Energy, Baker Hughes, MPLX. |
| What is the current market cap of Energy Transfer? | Energy Transfer's current market cap is $65B. |
| What is the current revenue of Energy Transfer? | Energy Transfer's last 12 months revenue is $90B. |
| What is the current revenue growth of Energy Transfer? | Energy Transfer revenue growth (NTM/LTM) is 15%. |
| What is the current EV/Revenue multiple of Energy Transfer? | Current revenue multiple of Energy Transfer is 1.5x. |
| Is Energy Transfer profitable? | Yes, Energy Transfer is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Energy Transfer? | Energy Transfer's last 12 months EBITDA is $16B. |
| What is Energy Transfer's EBITDA margin? | Energy Transfer's last 12 months EBITDA margin is 18%. |
| What is the current EV/EBITDA multiple of Energy Transfer? | Current EBITDA multiple of Energy Transfer is 8.1x. |
| What is the current FCF of Energy Transfer? | Energy Transfer's last 12 months FCF is $4B. |
| What is Energy Transfer's FCF margin? | Energy Transfer's last 12 months FCF margin is 5%. |
| What is the current EV/FCF multiple of Energy Transfer? | Current FCF multiple of Energy Transfer is 30.9x. |
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