Energy Transfer forward PE ET
Share price divided by analysts' consensus earnings for the next twelve months, since 2006.
- Today, Oct 22, 2026
- 12.3×
- 10-year median
- 9.9×
- Against its 10-year history
- 85th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 4.3× to 16.3×
- Peer median
- 16.1×
Energy Transfer's forward PE is 12.3× as of Oct 22, 2026.
That is above its ten-year median of 9.9×, higher than on 85% of days in the last ten years.
Over that time it ranged from 4.3× in Mar 2020 to 16.3× in Jan 2017.
The median for 10 oil and gas pipeline stocks of a similar size is 16.1×.
Forward PE over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 12.3× | 10.7× | 13.2× |
| 2025 | 10.5× | 10.5× | 15.1× |
| 2024 | 13.8× | 10.0× | 14.2× |
| 2023 | 10.0× | 8.6× | 10.1× |
| 2022 | 8.4× | 6.6× | 8.9× |
| 2021 | 6.3× | 5.8× | 10.3× |
| 2020 | 5.7× | 4.3× | 11.2× |
| 2019 | 10.7× | 9.2× | 10.8× |
| 2018 | 8.3× | 7.4× | 10.7× |
| 2017 | 9.0× | 8.4× | 16.3× |
| 2016 | 15.8× | 4.1× | 16.1× |
| 2015 | 10.1× | 8.2× | 28.6× |
| 2014 | 25.2× | 23.0× | 31.8× |
| 2013 | 25.1× | 17.4× | 25.1× |
| 2012 | 16.6× | 14.5× | 22.7× |
| 2011 | 21.6× | 18.6× | 27.4× |
| 2010 | 20.4× | 15.1× | 20.8× |
| 2009 | 15.0× | 7.5× | 15.1× |
| 2008 | 7.5× | 5.9× | 19.5× |
| 2007 | 20.1× | 18.6× | 27.1× |
Against its peers
Companies in Oil & Gas Midstream nearest Energy Transfer's size, closest first, today.
| Company | Forward PE |
|---|---|
| ETEnergy Transfer | 12.3× |
| TRGPTarga Resources | 26.6× |
| KMIKinder Morgan | 23.3× |
| LNGCheniere Energy | 16.6× |
| OKEONEOK | 16.1× |
| MPLXMPLX Lp | 12.9× |
| EPDEnterprise Products Partners | 12.2× |
| WMBWilliams Companies | 29.5× |
| VGVenture Global | 8.2× |
| CQPCheniere Energy Partners | 14.7× |
| WESWestern Midstream Partners | n/m |
| Peer median | 16.1× |
Where Energy Transfer ranks
What the forward PE tells you
Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.
Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.
More on Energy Transfer
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.