Energy Transfer (ET) EV to EBIT (2010 - 2026)
Energy Transfer's EV to EBIT came in at 6.03 for Q2 2026, down 10.3% from 6.73 a year earlier and down 12.6% from the prior quarter.
Energy Transfer (ET) EV to EBIT (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Energy Transfer reported EV to EBIT of 5.50, down 16.9% year-over-year; for FY2025, it came in at 6.17, down 27.5% from FY2024.
- Going back by year, EV to EBIT was 8.51 in FY2024 (+31.8%), 6.46 in FY2023 (+13.3%), 5.70 in FY2022 (+51.5%) and 3.76 in FY2021 (-61.6%).
- The Q2 2026 figure represents the lowest quarterly EV to EBIT since Q1 2024.
- Year-over-year, EV to EBIT increased in six of the last eight quarters, with growth averaging 3.8%.
- The fastest year-over-year change in EV to EBIT over five years came in Q1 2022 (growth of 70.3%), and the weakest in Q4 2021 (a decline of 61.6%).
- Business Quant data shows ET's EV to EBIT at 6.90 (Q1 2026), 6.17 (Q4 2025) and 6.19 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn |
| 10 | Venture Global | 32.11 Bn | 26.66 Bn | 2.92 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.03 |
| Mar 31, 2026 | 6.90 |
| Dec 31, 2025 | 6.17 |
| Sep 30, 2025 | 6.19 |
| Jun 30, 2025 | 6.73 |
| Mar 31, 2025 | 6.89 |
| Dec 31, 2024 | 8.51 |
| Sep 30, 2024 | 6.10 |
| Jun 30, 2024 | 6.09 |
| Mar 31, 2024 | 6.01 |
| Dec 31, 2023 | 6.46 |
| Sep 30, 2023 | 5.56 |
| Jun 30, 2023 | 5.22 |
| Mar 31, 2023 | 4.88 |
| Dec 31, 2022 | 5.70 |
| Sep 30, 2022 | 4.49 |
| Jun 30, 2022 | 4.37 |
| Mar 31, 2022 | 5.16 |
| Dec 31, 2021 | 3.76 |
| Sep 30, 2021 | 3.13 |
Energy Transfer EV to EBIT API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebit&ticker=ET&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebit", "ticker": "ET", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebit&ticker=ET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();