ET
ET
ET
$20.11
-0.74% 2026-10-19
Sector n/a
ETSPY
1W
-1.5%
1M
-4.9%
3M
+0.8%
6M
+10.0%
YTD
+28.5%
1Y
+31.4%
Grades vs sector
Momentumno data–
Momentum
no data
Percentile within its GICS sector across the S&P 1500.
Growthno data–
Growth
no data
Percentile within its GICS sector across the S&P 1500.
Valueno data–
Value
no data
Percentile within its GICS sector across the S&P 1500.
Profitabilityno data–
Profitability
no data
Percentile within its GICS sector across the S&P 1500.
Revisionsno data–
Revisions
no data
30-day change in analysts' current-year EPS estimate; graded across covered stocks.
Our models
Not held by any of our 3 live models right now.
Momentum Top 15
not ranked (outside this model's universe or screens)
Quality Growthnot ranked (outside this model's universe or screens)
Momentum Blendnot in the current book
Key stats
Market cap–
P/E (trailing)–
P/E (forward)–
52-week range– – –
Revenue growth (YoY, latest qtr)–
Dividend yield–
Analyst consensus–
Mean price target–
Valuation & fundamentals
Bottom line
Leans expensive
Model read-out from the numbers below, not advice. Score -1 (DCF counts double).
•DCF (base case)above the price by 13%
•Piotroski F-score4/9
▼Net debt / EBITDA6.2x
Discounted cash flow
Bear
$8
-62%
growth -7% · disc. 10.2% · term. 2.0%
Base
$23
+13%
growth -2% · disc. 9.2% · term. 2.5%
Bull
$43
+115%
growth 1% · disc. 8.2% · term. 3.0%
A DCF starts from trailing free cash flow, so it can overstate value if the last 12 months were unusually strong (or weak). Use the bear case or edit the starting cash flow if so.
Reverse DCFfor context, not a signal
A normal DCF guesses future cash flows and works out a price. A reverse DCF runs it backwards: it starts from today's price and asks how fast free cash flow would have to grow to justify it. It tells you what the market is assuming, not whether the stock is cheap or expensive, and it is not a buy or sell signal. Glossary
Not enough data to run a reverse DCF.
Edit assumptions · recalculates instantly
Your value per share–
Free cash flow = operating cash flow − capital spending, trailing 12 months (TTM to 2026-06-30). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 1.00 (n/a) × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.
Multiples vs sector
Backlog (remaining performance obligations)
RPO
$34.3B
as of 2026-06-30
vs a year ago
-3%
YoY
× TTM revenue
0.32×
coverage
Contracted revenue not yet recognized, from SEC filings (XBRL tag RevenueRemainingPerformanceObligation).
Quality & financial health
Gross margin
6.8%
Operating margin
10.0%
FCF margin
11.3%
Net margin
4.9%
Return on equity
–
Return on invested capital
14.1%
Net debt / EBITDA
6.2×
Current ratio
1.2×
Interest cover
2.9×
Cash conversion (OCF/NI)
2.3×
Piotroski F-score 4/9 · last two fiscal years
✓ Positive net income✓ Positive operating cash flow✗ Return on assets improved✓ Cash flow above net income✗ Long-term debt / assets fell✓ Current ratio improved✗ No share dilution✗ Gross margin improved✗ Asset turnover improved
Analysts
No analyst targets available.
Annual history
| FY | Revenue | Net income | Free cash flow |
|---|---|---|---|
| 2025 | $85.5B | $4.4B | $10.1B |
| 2024 | $82.7B | $4.8B | $11.5B |
| 2023 | $78.6B | $3.9B | $9.6B |
| 2022 | $89.9B | $4.8B | $9.1B |
| 2021 | $67.4B | $5.5B | $11.2B |
| 2020 | $39.0B | $-648.0M | $7.4B |
From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR -1.6%.
Earnings
Next report: 2026-11-03 · before open · EPS est 0.41
No EPS history available.
Quarterly revenue
| Quarter | Revenue | YoY |
|---|---|---|
| 2026-06-30 | $34.3B | +78.4% |
| 2026-03-31 | $27.8B | – |
| 2025-12-31 | $25.3B | – |
| 2025-09-30 | $20.0B | – |
| 2025-06-30 | $19.2B | – |
Recent dividends
2026-08-07: $0.340 · 2026-05-08: $0.338 · 2026-02-06: $0.335 · 2025-11-07: $0.333 · 2025-08-08: $0.330 · 2025-05-09: $0.328 · 2025-02-07: $0.325 · 2024-11-08: $0.323
Insider trades
Warren Kelcy L
$13.8M
Director · 2026-08-19
BUY$13.8M
Warren Kelcy L
$7.5M
Director · 2026-08-18
BUY$7.5M
Perry James Richard
$250.0K
Director · 2026-08-07
BUY$250.0K
News
Forget Growth Stocks: 6 Energy Giants Paying Massive Yields Are Flashing ‘Buy’
24/7 Wall St. · Oct 16
Energy Transfer LP (ET) Stock Drops Despite Market Gains: Important Facts to Note
Zacks · Oct 15
Roth IRA vs Brokerage Account: 5 High-Yielding Dividend Stocks You Should Never Own Outside a Roth
24/7 Wall St. · Oct 15
The Zacks Analyst Blog Highlights Crescent Energy, Devon Energy, Energy Transfer, Cenovus Energy and Drilling Tools International
Zacks · Oct 14
Zacks Industry Outlook Highlights Enterprise Products Partners, Energy Transfer and Plains All American Pipeline
Zacks · Oct 13
Stock Market Today: S&P 500 Futures Pause Near Record Highs as Oil Rises Ahead of Bank Earnings
24/7 Wall St. · Oct 12
3 Dividend Stocks Worth Holding for the Next 5 Years
Motley Fool · Oct 12
3 Oil Pipeline MLP Stocks Gaining From Favorable Industry Trends
Zacks · Oct 12
Stats refreshed 2026-10-19 19:03:50 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now
coteau
Coteau Systematic StrategiesSystematic equity research and model portfolios.Coteau Systematic Strategies publishes research, model portfolios and tools. It does not manage money or offer investment advice. Model results are hypothetical. Data: Yahoo Finance (delayed), SEC EDGAR.