Fundamental analysis · SEC EDGAR · TTM through 31/03/2026

Fundamental analysis of Energy Transfer Lp

ET · NYSE · Natural Gas Transmission

Fundamental quality

DEMANDING

37

out of 100

Breakdown by area

I.GrowthEPS growth: -2.6% · Revenue growth: 0.8%
26
II.ProfitabilityNet margin: 4.7% · ROE: 8.8%
43
III.Financial healthNet debt/EBITDA: 4.41x · FCF: 3.9%
41

Source: SEC EDGAR · TTM through 31/03/2026

The score combines growth, profitability and financial strength. Here its profitability weighs in its favor, while its growth drags it down the most.

Strengths

  • No clearly standout strengths by the system's thresholds.

Risks and weaknesses

  • Thin margins (net margin of 4.7%).
  • Weak revenue growth (0.8% annualized).
  • Declining earnings per share (-2.6% annualized).
  • High leverage (net debt of 4.41× EBITDA).

Historical evolution

YearRevenueNet incomeFree cash flowNet debt
202167,4175,4708,34049,366
202289,8764,7565,67048,005
202378,5863,9356,42152,227
202482,6714,8147,34259,448
202585,5364,4333,84667,061

Between 2021 and 2025, revenue went from $67,417M to $85,536M (+27%) and net income went from $5,470M to $4,433M (-19%).

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

Frequently asked questions

Is Energy Transfer Lp a profitable company?

Energy Transfer Lp is profitable, with a net margin of 4.7%, though a thin one.

Does Energy Transfer Lp have a lot of debt?

Yes, its leverage is high: net debt is 4.41 times its EBITDA.

Is Energy Transfer Lp growing?

Its revenue has grown 0.8% annualized in recent years.

Does Energy Transfer Lp generate cash?

Yes. It converts about 3.9% of its revenue into free cash flow.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

Is Energy Transfer Lp cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

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