FGPR vs ET vs NGL Stock Comparison

Ferrellgas Partners L P, Energy Transfer and NGL Energy Partners Prices as of Oct 26, 2026 Peers: Industry group
ET Energy Transfer LP
$20.61 +2.0% 1M +23.2% 1Y
Market cap
$70.32B
P/E
13.9x
Revenue (TTM)
$107.38B
Div. yield
0.07%
Oil and Gas Pipelines Energy
7 wins
NGL NGL Energy Partners LP
$15.95 +5.5% 1M +152.8% 1Y
Market cap
$2.03B
P/E
–
Revenue (TTM)
$3.52B
Div. yield
–
Oil and Gas Pipelines Energy
2 wins

Head to Head

11 decided of 12

Energy Transfer leads on 7 of the 12 questions below (Energy Transfer 7, Ferrellgas Partners L P 2, NGL Energy Partners 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionFGPRETNGLLeader
Larger companyMarket capitalisation $120.81M $70.32B $2.03B ET
Cheaper on earningsLower P/E, profitable companies only 1.6x 13.9x -5.8x FGPR
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 11.5x 12.3x ET
Faster revenue growthRevenue growth, trailing twelve months -3.6% +33.3% +5.8% ET
More profitableNet margin, trailing twelve months 4.1% 4.7% -9.9% ET
Better return on capitalReturn on invested capital 38.5% 8.4% 4.8% FGPR
Less leveragedLower net debt / EBITDA 4.9x 4.0x 8.0x ET
Higher dividend yieldTrailing dividend yield 0.00% 0.07% 0.00% –
Better 1-year returnPrice return, last 12 months +6.6% +23.2% +152.8% NGL
Better 5-year returnAnnualised price return, 5 years -3.2%/yr +16.2%/yr +46.6%/yr NGL
Less volatileAnnualised volatility, 1 year 37.0% 17.5% 51.5% ET
Higher overall scoreMean of the five percentile scores vs peers 49/100 63/100 36/100 ET

Percentile Scorecard

FGPRETNGL

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

AxisFGPRETNGL
Valuation 77 #6 of 23 94 #3 of 35 53 #17 of 35
Growth 33 #13 of 19 61 #14 of 34 6 #32 of 34
Profitability 77 #5 of 18 30 #24 of 34 12 #30 of 34
Financial Health 9 #22 of 24 59 #15 of 35 9 #32 of 35
Shareholder Returns – 70 #10 of 31 100 #1 of 31
Overall 49 63 36
  • FGPR ranked among 25 companies in Refining and Marketing
  • ET ranked among 35 companies in Oil and Gas Midstream
  • NGL 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

PeriodFGPRETNGLSPY
1 month -7.6%+2.0%+5.5% -0.8%
3 months -11.4%+3.5%+6.2% +3.5%
6 months -21.6%+8.2%+10.2% +7.0%
Year to date +9.8%+25.0%+59.5% +12.2%
1 year +6.6%+23.2%+152.8% +13.0%
3 years +160.6%+57.2%+285.3% +86.3%
3 years, per year +37.7%+16.3%+56.8% +23.1%
5 years -14.9%+111.8%+575.8% +68.6%
5 years, per year -3.2%+16.2%+46.6% +11.0%
10 years —+30.9%-16.3% +258.0%
10 years, per year —+2.7%-1.8% +13.6%

Risk

MeasureFGPRETNGLSPY
Volatility, 1Y 37.0%17.5%51.5% 12.7%
Downside volatility, 1Y 33.8%16.6%43.1% 12.7%
Beta vs S&P 500, 1Y -0.07-0.210.36 1.00
Return / volatility, 1Y 0.181.332.97 1.02
Max drawdown, 5Y -73.4%-25.8%-61.5% -25.4%
From 52-week high -25.7%-5.2%-16.0% -1.8%
52-week high $27.20$21.74$18.98 $779.14
52-week low $17.07$16.21$6.35 $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.

MultipleFGPRETNGL
P/E now vs peer median 1.6xmedian 9.5x 14.1xmedian 21.0x -5.7xmedian 21.0x
P/S now vs peer median 0.1xmedian 0.3x 0.7xmedian 2.7x 0.6xmedian 2.7x
EV/EBITDA now vs peer median 5.3xmedian 7.3x 8.2xmedian 11.0x 12.9xmedian 11.0x
P/FCF now vs peer median 1.4xmedian 9.5x 13.6xmedian 16.6x 19.5xmedian 16.6x
P/B now vs peer median -0.1xmedian 1.9x 1.4xmedian 2.6x -8.4xmedian 2.6x
PEG now vs peer median -0.05median 0.35 2.01median 1.92 0.09median 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 monthsFGPRETNGL
Revenue $1.86B $107.38B $3.52B
Gross profit $1.03B $25.32B $1.04B
Operating income $196.22M $10.78B $142.60M
Net income $76.61M $7.04B -$131.86M
Free cash flow $86.92M $5.22B $101.88M
EPS (diluted) $9.30 $1.46 $-2.73
Cash & equivalents $73.41M $1.02B $5.07M
Total debt $5.98B $68.41B $3.28B
Shares (diluted) 8.22M 3.46B 128.09M
Enterprise value -$197.71M $63.51B $2.00B

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
MetricFGPRETNGL
P/E 1.6x 14.1x -5.7x
P/FCF 1.4x 13.6x 19.5x
P/Operating cash flow 0.7x 5.9x 4.9x
P/S 0.1x 0.7x 0.6x
P/B -0.1x 1.4x -8.4x
P/Tangible book -0.1x 1.6x -1.9x
EV/EBITDA 5.3x 8.2x 12.9x
EV/EBIT 8.1x 12.8x 36.9x
EV/Revenue 0.9x 1.3x 1.5x
EV/FCF 18.3x 26.5x 51.6x
EV/Operating cash flow 9.3x 11.4x 12.8x
PEG (3Y EPS CAGR) -0.05 2.01 0.09

Growth

14 metrics
MetricFGPRETNGL
Revenue growth (1Y) -3.6% 33.3% 5.8%
Revenue CAGR (3Y) -3.5% 10.0% -4.9%
Gross profit growth (1Y) 0.8% 18.9% 6.0%
Gross profit CAGR (3Y) 1.0% 13.2% 2.3%
Operating income growth (1Y) 106.9% 16.5% -58.6%
Operating income CAGR (3Y) -7.0% 12.0% -14.6%
Net income growth (1Y) 847.0% 16.1% -228.9%
Net income CAGR (3Y) -19.6% 9.0% -67.4%
EPS growth (1Y) 575.6% 12.6% -560.3%
EPS CAGR (3Y) -32.4% 7.0% -63.2%
Operating cash flow growth (1Y) -8.5% 8.8% 8.1%
Operating cash flow CAGR (3Y) -1.0% 5.9% -6.3%
Free cash flow growth (1Y) -25.5% -8.5% -39.9%
Free cash flow CAGR (3Y) 3.0% -7.3% -34.1%

Profitability

14 metrics
MetricFGPRETNGL
Gross margin 55.1% 23.6% 29.5%
EBITDA margin 16.1% 15.7% 11.6%
Operating margin 10.5% 10.0% 4.0%
Pretax margin 4.2% 7.1% -3.7%
Net margin 4.1% 4.7% -9.9%
FCF margin 4.7% 4.9% 2.9%
Operating cash flow margin 9.1% 11.3% 11.6%
Return on equity – 14.0% –
Return on assets 5.1% 4.8% -3.1%
Return on invested capital 38.5% 8.4% 4.8%
Return on capital employed 17.0% 8.4% 4.0%
Asset turnover 1.2x 0.7x 0.8x
Cash conversion (OCF / net income) 2.2x 1.7x -3.1x
Stock comp / revenue 0.2% 0.2% 0.1%

Financial Health

11 metrics
MetricFGPRETNGL
Debt / assets 105.2% 46.2% 78.4%
Debt / equity -1.4x 1.4x -13.8x
Net debt / EBITDA 4.9x 4.0x 8.0x
Debt / FCF 17.8x 13.1x 32.2x
Liabilities / assets 172.8% 65.9% 105.7%
Equity / assets -72.8% 34.1% -5.7%
Interest coverage 1.7x 2.9x 0.6x
Current ratio 1.1x 1.2x 1.1x
Quick ratio 0.7x 0.9x 1.0x
Cash ratio 0.2x 0.1x 0.0x
Altman Z-score 1.76 – –

Shareholder Returns

7 metrics
MetricFGPRETNGL
Dividend yield – 6.5% –
Net buyback yield – – 18.2%
Shareholder yield – 6.5% 18.2%
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.

ConsensusFGPRETNGL
Forward P/E – 11.5xFY2026 12.3xFY2026
EPS, next fiscal year – $1.80FY2026 $1.30FY2026
EPS growth, next FY – +48.8%FY2026 –
EPS growth, the year after – -9.4% +31.5%
Revenue, next fiscal year – $124.23BFY2026 $3.82BFY2026
Revenue growth, next FY – +45.2%FY2026 +21.0%FY2026
Revenue growth, the year after – +1.4% -6.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFGPRETNGL
Held by institutions 0.0% 31.4% 60.3%
Institutions holding 1 1,279 88
Change in shares held, QoQ – +1.9% +3.5%
Institutions buying 0 628 25
Institutions selling 0 340 29
Buyers to sellers – 1.85 0.86

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.

FGPRETNGL
FGPR 1.00 -0.04 0.01
ET -0.04 1.00 0.26
NGL 0.01 0.26 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, FGPR, ET and NGL?

Energy Transfer (ET) is the largest by market capitalisation: Ferrellgas Partners L P (FGPR) $120.81M, Energy Transfer (ET) $70.32B, NGL Energy Partners (NGL) $2.03B.

Which stock is cheaper, FGPR, ET and NGL?

Ferrellgas Partners L P (FGPR) trades on the lowest price-to-earnings ratio (Ferrellgas Partners L P (FGPR) 1.6x, Energy Transfer (ET) 13.9x, NGL Energy Partners (NGL) -5.8x). On next year's consensus earnings, Energy Transfer (ET) is cheapest (Energy Transfer (ET) 11.5x, NGL Energy Partners (NGL) 12.3x). 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: Ferrellgas Partners L P (FGPR) -3.6%, Energy Transfer (ET) +33.3%, NGL Energy Partners (NGL) +5.8%.

Which company is more profitable?

Energy Transfer (ET) has the highest net margin (Ferrellgas Partners L P (FGPR) 4.1%, Energy Transfer (ET) 4.7%, NGL Energy Partners (NGL) -9.9%). On return on invested capital, Ferrellgas Partners L P (FGPR) leads (Ferrellgas Partners L P (FGPR) 38.5%, Energy Transfer (ET) 8.4%, NGL Energy Partners (NGL) 4.8%).

Which stock has performed better?

Over the past year NGL Energy Partners (NGL) returned the most: Ferrellgas Partners L P (FGPR) +6.6%, Energy Transfer (ET) +23.2%, NGL Energy Partners (NGL) +152.8%. Over five years, NGL Energy Partners (NGL) compounded fastest (Ferrellgas Partners L P (FGPR) -3.2%/yr, Energy Transfer (ET) +16.2%/yr, NGL Energy Partners (NGL) +46.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

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

Which stock is riskier?

By one-year price volatility, Energy Transfer (ET) has been the steadiest (Ferrellgas Partners L P (FGPR) 37.0%, Energy Transfer (ET) 17.5%, NGL Energy Partners (NGL) 51.5%). Volatility measures how widely the price swings, not the risk of the business.

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

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 7. 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.