Energy Transfer (ET) Price to Book (2009 - 2026)
Energy Transfer's Price to Book came in at 1.37 for Q3 2026, up 5.4% from 1.30 a year earlier and up 5.1% from the prior quarter.
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Analysis
Energy Transfer (ET) Price to Book (2009 - 2026) Analysis & Trends
For FY2025, Energy Transfer's Price to Book was 1.16, down 20.8% from FY2024.
- Going back by year, Price to Book was 1.46 in FY2024 (+38.1%), 1.06 in FY2023 (+17.1%), 0.90 in FY2022 (+40.1%) and 0.64 in FY2021 (+21.2%).
- The Q3 2026 figure represents the highest quarterly Price to Book since Q1 2025.
- Year-over-year, Price to Book increased in five of the last eight quarters, with growth averaging 6.3%.
- The fastest year-over-year change in Price to Book over five years came in Q1 2022 (growth of 41.2%), and the weakest in Q4 2025 (a decline of 20.8%).
- Business Quant data shows ET's Price to Book at 1.30 (Q2 2026), 1.34 (Q1 2026) and 1.16 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn |
| 10 | Oneok | 56.58 Bn | 65.12 Bn | 2.84 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.37 |
| Jun 30, 2026 | 1.30 |
| Mar 31, 2026 | 1.34 |
| Dec 31, 2025 | 1.16 |
| Sep 30, 2025 | 1.30 |
| Jun 30, 2025 | 1.37 |
| Mar 31, 2025 | 1.38 |
| Dec 31, 2024 | 1.46 |
| Sep 30, 2024 | 1.19 |
| Jun 30, 2024 | 1.22 |
| Mar 31, 2024 | 1.21 |
| Dec 31, 2023 | 1.06 |
| Sep 30, 2023 | 1.09 |
| Jun 30, 2023 | 0.97 |
| Mar 31, 2023 | 0.95 |
| Dec 31, 2022 | 0.90 |
| Sep 30, 2022 | 0.84 |
| Jun 30, 2022 | 0.76 |
| Mar 31, 2022 | 0.86 |
| Dec 31, 2021 | 0.64 |
API Access
Energy Transfer Price to Book 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=price-to-book&ticker=ET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "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=price-to-book&ticker=ET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();