Energy Transfer LP (NYSE:ET) — Market Cap & Net Worth
Market Cap & Net Worth: Energy Transfer LP (ET)
Energy Transfer LP (NYSE:ET) has a market capitalization of $66.55 Billion ($66.55 Billion) as of September 22, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #429 globally and #221 in its home market, demonstrating a -3.02% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Energy Transfer LP's stock price $20.90 by its total outstanding shares 3441159277 (3.44 Billion). Also see how large is Energy Transfer LP's balance sheet for a full breakdown of the balance sheet.
Energy Transfer LP Market Cap History: 2015 to 2026
Energy Transfer LP's market capitalization history from 2015 to 2026. Data shows growth from $21.70 Billion to $71.92 Billion (6.55% CAGR). Also see Energy Transfer LP cash flow conversion for how efficiently the company converts equity into cash flow.
Energy Transfer LP Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Energy Transfer LP's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Check Energy Transfer LP share price for real-time trading data and today's change.
Latest Price to Sales (P/S) Ratio
0.69x
Energy Transfer LP's market cap is 0.69 times its annual revenue
Latest Price to Earnings (P/E) Ratio
11.58x
Energy Transfer LP's market cap is 11.58 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $33.63 Billion | $37.50 Billion | $995.00 Million | 0.90x | 33.80x |
| 2017 | $32.06 Billion | $40.52 Billion | $954.00 Million | 0.79x | 33.61x |
| 2018 | $26.37 Billion | $54.09 Billion | $1.69 Billion | 0.49x | 15.57x |
| 2019 | $27.92 Billion | $54.21 Billion | $3.52 Billion | 0.52x | 7.94x |
| 2020 | $15.38 Billion | $38.95 Billion | -$648.00 Million | 0.39x | N/A |
| 2021 | $22.00 Billion | $67.42 Billion | $5.47 Billion | 0.33x | 4.02x |
| 2022 | $34.26 Billion | $89.88 Billion | $4.76 Billion | 0.38x | 7.20x |
| 2023 | $43.81 Billion | $78.59 Billion | $3.94 Billion | 0.56x | 11.13x |
| 2024 | $67.41 Billion | $82.67 Billion | $4.81 Billion | 0.82x | 14.00x |
| 2025 | $56.74 Billion | $82.63 Billion | $4.90 Billion | 0.69x | 11.58x |
Competitor Companies of ET by Market Capitalization
Companies near Energy Transfer LP in the global market cap rankings as of September 22, 2026. Review ET tangible net assets ratio to assess the quality of the company's equity after excluding intangible assets.
Key companies related to Energy Transfer LP by market ranking:
- Enbridge Inc (TO:ENB): Ranked #235 globally with a market cap of $106.95 Billion USD ( CA$147.84 Billion CAD).
- Williams Companies Inc (NYSE:WMB): Ranked #303 globally with a market cap of $87.63 Billion USD.
- TC Energy Corp (TO:TRP): Ranked #441 globally with a market cap of $64.00 Billion USD ( CA$88.47 Billion CAD).
- MPLX LP (NYSE:MPLX): Ranked #465 globally with a market cap of $59.69 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #235 | Enbridge Inc | TO:ENB | $106.95 Billion | CA$67.69 |
| #303 | Williams Companies Inc | NYSE:WMB | $87.63 Billion | $71.65 |
| #441 | TC Energy Corp | TO:TRP | $64.00 Billion | CA$84.92 |
| #465 | MPLX LP | NYSE:MPLX | $59.69 Billion | $59.09 |
Energy Transfer LP Historical Marketcap From 2015 to 2026
Between 2015 and today, Energy Transfer LP's market cap moved from $21.70 Billion to $ 71.92 Billion, with a yearly change of 6.55%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $71.92 Billion | +26.74% |
| 2025 | $56.74 Billion | -15.82% |
| 2024 | $67.41 Billion | +53.88% |
| 2023 | $43.81 Billion | +27.89% |
| 2022 | $34.26 Billion | +55.74% |
| 2021 | $22.00 Billion | +43.00% |
| 2020 | $15.38 Billion | -44.92% |
| 2019 | $27.92 Billion | +5.88% |
| 2018 | $26.37 Billion | -17.74% |
| 2017 | $32.06 Billion | -4.66% |
| 2016 | $33.63 Billion | +54.96% |
| 2015 | $21.70 Billion | -- |
End of Day Market Cap According to Different Sources
On Sep 22nd, 2026 the market cap of Energy Transfer LP was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $66.55 Billion USD |
| MoneyControl | $66.55 Billion USD |
| MarketWatch | $66.55 Billion USD |
| marketcap.company | $66.55 Billion USD |
| Reuters | $66.55 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Energy Transfer LP
Energy Transfer LP, together with its subsidiaries, provides energy-related services in the United States. It operates through Intrastate Transportation and Storage; Interstate Transportation and Storage; Midstream; Natural Gas Liquid (NGL) and Refined Products Transportation and Services; Crude Oil Transportation and Services; Investment in Sunoco LP; Investment in USA Compression Partners, LP (… Read more