Energy Transfer LP (ET) — Financial ratios
Profitability, liquidity, leverage, and valuation ratios for Energy Transfer LP, with annual and quarterly history.
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Valuation | ||||||
| P/E Ratio | 12.28x | 13.82x | 11.09x | 7.70x | 4.11x | -25.71x |
| P/B Ratio | 1.75x | 1.89x | 1.19x | 1.11x | 0.72x | 0.90x |
| P/S Ratio | 0.73x | 0.80x | 0.56x | 0.41x | 0.33x | 0.43x |
| Profitability | ||||||
| Gross Margin | 21.8% | 19.0% | 17.6% | 14.8% | 19.9% | 26.3% |
| Operating Margin | 11.4% | 11.1% | 10.6% | 8.6% | 13.0% | 7.6% |
| Net Margin | 5.9% | 5.8% | 5.0% | 5.3% | 8.1% | -1.7% |
| EBITDA Margin | 18.1% | 18.6% | 16.0% | 13.7% | 18.7% | 24.5% |
| Liquidity | ||||||
| Current Ratio | 1.22x | 1.12x | 1.10x | 1.17x | 0.97x | 1.07x |
| Quick Ratio | 0.89x | 0.88x | 0.86x | 0.93x | 0.79x | 0.77x |
| Leverage | ||||||
| Debt/Equity | 2.08x | 1.72x | 1.45x | 1.49x | 1.62x | 2.82x |
YoY = year-over-year change. Source: FMP..