ET vs FGPR vs PBA Stock Comparison

Energy Transfer, Ferrellgas Partners L P and Pembina Pipeline Prices as of Oct 26, 2026 Peers: Industry group
ET Energy Transfer LP
$20.61 +2.0% 1M +23.2% 1Y
Market cap
$71.00B
P/E
14.1x
Revenue (TTM)
$107.38B
Div. yield
0.07%
Oil and Gas Pipelines Energy
6 wins
PBA Pembina Pipeline Corp
$50.33 +12.7% 1M +32.3% 1Y
Market cap
$28.96B
P/E
18.4x
Revenue (TTM)
$7.84B
Div. yield
–
Oil and Gas Pipelines Energy
3 wins

Head to Head

11 decided of 12

Energy Transfer leads on 6 of the 12 questions below (Energy Transfer 6, Pembina Pipeline 3, Ferrellgas Partners L P 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionETFGPRPBALeader
Larger companyMarket capitalisation $71.00B $120.27M $28.96B ET
Cheaper on earningsLower P/E, profitable companies only 14.1x 1.6x 18.4x FGPR
Cheaper on forward earningsLower price / next fiscal year consensus EPS 11.5x — 21.6x ET
Faster revenue growthRevenue growth, trailing twelve months +33.3% -3.6% +0.9% ET
More profitableNet margin, trailing twelve months 4.7% 4.1% 20.1% PBA
Better return on capitalReturn on invested capital 8.4% 38.5% 8.3% FGPR
Less leveragedLower net debt / EBITDA 4.0x 4.9x 3.1x PBA
Higher dividend yieldTrailing dividend yield 0.07% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +23.2% +6.6% +32.3% PBA
Better 5-year returnAnnualised price return, 5 years +16.2%/yr -3.2%/yr +8.7%/yr ET
Less volatileAnnualised volatility, 1 year 17.5% 37.0% 20.3% ET
Higher overall scoreMean of the five percentile scores vs peers 63/100 49/100 57/100 ET

Percentile Scorecard

ETFGPRPBA

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisETFGPRPBA
Valuation 94 #3 of 35 77 #6 of 23 79 #8 of 35
Growth 61 #14 of 34 33 #13 of 19 21 #27 of 34
Profitability 30 #24 of 34 77 #5 of 18 55 #16 of 34
Financial Health 59 #15 of 35 9 #22 of 24 88 #5 of 35
Shareholder Returns 70 #10 of 31 – 40 #19 of 31
Overall 63 49 57
  • ET ranked among 35 companies in Oil and Gas Midstream
  • FGPR ranked among 25 companies in Refining and Marketing
  • PBA ranked among 35 companies in Oil and Gas Midstream

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodETFGPRPBASPY
1 month +2.0%-7.6%+12.7% -0.8%
3 months +3.5%-11.4%+0.8% +3.5%
6 months +8.2%-21.6%+16.1% +7.0%
Year to date +25.0%+9.8%+32.2% +12.2%
1 year +23.2%+6.6%+32.3% +13.0%
3 years +57.2%+160.6%+65.4% +86.3%
3 years, per year +16.3%+37.7%+18.3% +23.1%
5 years +111.8%-14.9%+51.6% +68.6%
5 years, per year +16.2%-3.2%+8.7% +11.0%
10 years +30.9%—+61.8% +258.0%
10 years, per year +2.7%—+4.9% +13.6%

Risk

MeasureETFGPRPBASPY
Volatility, 1Y 17.5%37.0%20.3% 12.7%
Downside volatility, 1Y 16.6%33.8%20.9% 12.7%
Beta vs S&P 500, 1Y -0.21-0.07-0.23 1.00
Return / volatility, 1Y 1.330.181.59 1.02
Max drawdown, 5Y -25.8%-73.4%-32.6% -25.4%
From 52-week high -5.2%-25.7%-2.0% -1.8%
52-week high $21.74$27.20$51.38 $779.14
52-week low $16.21$17.07$36.52 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleETFGPRPBA
P/E now vs peer median 14.1xmedian 21.0x 1.6xmedian 9.5x 18.5xmedian 21.0x
P/S now vs peer median 0.7xmedian 2.7x 0.1xmedian 0.3x 3.7xmedian 2.7x
EV/EBITDA now vs peer median 8.2xmedian 11.0x 5.3xmedian 7.3x 10.8xmedian 11.0x
P/FCF now vs peer median 13.6xmedian 16.6x 1.4xmedian 9.5x 8.4xmedian 16.6x
P/B now vs peer median 1.4xmedian 2.6x -0.1xmedian 1.9x 1.7xmedian 2.6x
PEG now vs peer median 2.01median 1.92 -0.05median 0.35 —median 1.92

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsETFGPRPBA
Revenue $107.38B $1.86B $7.84B
Gross profit $25.32B $1.03B $3.30B
Operating income $10.78B $196.22M $2.83B
Net income $7.04B $76.61M $1.71B
Free cash flow $5.22B $86.92M $3.49B
EPS (diluted) $1.46 $9.30 $2.71
Cash & equivalents $1.02B $73.41M $153.00M
Total debt $68.41B $5.98B $12.08B
Shares (diluted) 3.46B 8.22M 582.00M
Enterprise value $64.18B -$198.25M $28.40B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricETFGPRPBA
P/E 14.1x 1.6x 18.5x
P/FCF 13.6x 1.4x 8.4x
P/Operating cash flow 5.9x 0.7x 10.1x
P/S 0.7x 0.1x 3.7x
P/B 1.4x -0.1x 1.7x
P/Tangible book 1.6x -0.1x 1.7x
EV/EBITDA 8.2x 5.3x 10.8x
EV/EBIT 12.8x 8.1x 14.6x
EV/Revenue 1.3x 0.9x 5.3x
EV/FCF 26.5x 18.3x 11.8x
EV/Operating cash flow 11.4x 9.3x 14.2x
PEG (3Y EPS CAGR) 2.01 -0.05 –

Growth

14 metrics
MetricETFGPRPBA
Revenue growth (1Y) 33.3% -3.6% 0.9%
Revenue CAGR (3Y) 10.0% -3.5% –
Gross profit growth (1Y) 18.9% 0.8% 0.9%
Gross profit CAGR (3Y) 13.2% 1.0% –
Operating income growth (1Y) 16.5% 106.9% 27.9%
Operating income CAGR (3Y) 12.0% -7.0% –
Net income growth (1Y) 16.1% 847.0% -3.9%
Net income CAGR (3Y) 9.0% -19.6% –
EPS growth (1Y) 12.6% 575.6% -3.0%
EPS CAGR (3Y) 7.0% -32.4% –
Operating cash flow growth (1Y) 8.8% -8.5% -16.0%
Operating cash flow CAGR (3Y) 5.9% -1.0% –
Free cash flow growth (1Y) -8.5% -25.5% -14.7%
Free cash flow CAGR (3Y) -7.3% 3.0% –

Profitability

14 metrics
MetricETFGPRPBA
Gross margin 23.6% 55.1% 42.1%
EBITDA margin 15.7% 16.1% 48.5%
Operating margin 10.0% 10.5% 36.1%
Pretax margin 7.1% 4.2% 28.2%
Net margin 4.7% 4.1% 20.1%
FCF margin 4.9% 4.7% 44.5%
Operating cash flow margin 11.3% 9.1% 37.0%
Return on equity 14.0% – 10.1%
Return on assets 4.8% 5.1% 4.7%
Return on invested capital 8.4% 38.5% 8.3%
Return on capital employed 8.4% 17.0% –
Asset turnover 0.7x 1.2x 0.2x
Cash conversion (OCF / net income) 1.7x 2.2x 1.7x
Stock comp / revenue 0.2% 0.2% 1.4%

Financial Health

11 metrics
MetricETFGPRPBA
Debt / assets 46.2% 105.2% 33.3%
Debt / equity 1.4x -1.4x 0.7x
Net debt / EBITDA 4.0x 4.9x 3.1x
Debt / FCF 13.1x 17.8x 3.5x
Liabilities / assets 65.9% 172.8% 52.9%
Equity / assets 34.1% -72.8% 47.1%
Interest coverage 2.9x 1.7x 4.6x
Current ratio 1.2x 1.1x –
Quick ratio 0.9x 0.7x –
Cash ratio 0.1x 0.2x –
Altman Z-score – 1.76 –

Shareholder Returns

7 metrics
MetricETFGPRPBA
Dividend yield 6.5% – 5.7%
Net buyback yield – – -0.7%
Shareholder yield 6.5% – 5.0%
Payout ratio (earnings) 67.9% – –
Payout ratio (FCF) 91.6% – –
Dividend growth (1Y) 2.9% – –
Dividend CAGR (3Y) 8.0% – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusETFGPRPBA
Forward P/E 11.5xFY2026 – 21.6xFY2026
EPS, next fiscal year $1.80FY2026 – $2.33FY2026
EPS growth, next FY +48.8%FY2026 – +20.1%FY2026
EPS growth, the year after -9.4% – +0.4%
Revenue, next fiscal year $124.23BFY2026 – $6.58BFY2026
Revenue growth, next FY +45.2%FY2026 – +16.3%FY2026
Revenue growth, the year after +1.4% – -6.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersETFGPRPBA
Held by institutions 31.4% 0.0% –
Institutions holding 1,279 1 –
Change in shares held, QoQ +1.9% – –
Institutions buying 628 0 –
Institutions selling 340 0 –
Buyers to sellers 1.85 – –

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ETFGPRPBA
ET 1.00 -0.05 0.59
FGPR -0.05 1.00 -0.03
PBA 0.59 -0.03 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ET, FGPR and PBA?

Energy Transfer (ET) is the largest by market capitalisation: Energy Transfer (ET) $71.00B, Ferrellgas Partners L P (FGPR) $120.27M, Pembina Pipeline (PBA) $28.96B.

Which stock is cheaper, ET, FGPR and PBA?

Ferrellgas Partners L P (FGPR) trades on the lowest price-to-earnings ratio (Energy Transfer (ET) 14.1x, Ferrellgas Partners L P (FGPR) 1.6x, Pembina Pipeline (PBA) 18.4x). On next year's consensus earnings, Energy Transfer (ET) is cheapest (Energy Transfer (ET) 11.5x, Pembina Pipeline (PBA) 21.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Energy Transfer (ET) grew revenue fastest over the trailing twelve months: Energy Transfer (ET) +33.3%, Ferrellgas Partners L P (FGPR) -3.6%, Pembina Pipeline (PBA) +0.9%.

Which company is more profitable?

Pembina Pipeline (PBA) has the highest net margin (Energy Transfer (ET) 4.7%, Ferrellgas Partners L P (FGPR) 4.1%, Pembina Pipeline (PBA) 20.1%). On return on invested capital, Ferrellgas Partners L P (FGPR) leads (Energy Transfer (ET) 8.4%, Ferrellgas Partners L P (FGPR) 38.5%, Pembina Pipeline (PBA) 8.3%).

Which stock has performed better?

Over the past year Pembina Pipeline (PBA) returned the most: Energy Transfer (ET) +23.2%, Ferrellgas Partners L P (FGPR) +6.6%, Pembina Pipeline (PBA) +32.3%. Over five years, Energy Transfer (ET) compounded fastest (Energy Transfer (ET) +16.2%/yr, Ferrellgas Partners L P (FGPR) -3.2%/yr, Pembina Pipeline (PBA) +8.7%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Energy Transfer (ET) 0.07%, Ferrellgas Partners L P (FGPR) 0.00%, Pembina Pipeline (PBA) 0.00%. Ferrellgas Partners L P (FGPR) and Pembina Pipeline (PBA) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Energy Transfer (ET) has been the steadiest (Energy Transfer (ET) 17.5%, Ferrellgas Partners L P (FGPR) 37.0%, Pembina Pipeline (PBA) 20.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ET, FGPR and PBA?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Energy Transfer (ET) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.