Energy Transfer LP (ET) vs Diamondback Energy, Inc. (FANG)
A side-by-side comparison of Energy Transfer LP and Diamondback Energy, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 12, 2026. Differences are shown without an overall score or investment verdict.
ET
Energy Transfer LP
$20.95EnergyDelayed quote: Aug 12, 2026, 4:00 PM EDT
FANG
Diamondback Energy, Inc.
$200.84EnergyDelayed quote: Aug 12, 2026, 4:00 PM EDT
Total return — ET vs FANG
growth of $100 · dividends reinvested · last 10yET +183.2% (+11.0%/yr)FANG +173.7% (+10.6%/yr)ET compounded faster over this window
ET FANG
ET vs FANG: by the numbers
- •ET is the larger company ($72.09B vs $56.50B market cap).
- •ET trades at the lower trailing earnings multiple (12.91 vs 39.40 P/E), one valuation lens rather than an overall verdict.
- •FANG converts more revenue to profit (9.27% vs 5.57% net margin).
- •FANG grew revenue faster over the past five years (31.48% vs 14.94% CAGR).
- •ET pays the higher dividend yield (6.42% vs 2.06%).
Metrics side by side
Valuation
| Metric | ET | FANG |
|---|---|---|
| P/E ratio | 12.91 | 39.40 |
| Forward P/E | 13.30 | 10.18 |
| P/S ratio | 0.69 | 3.32 |
| P/B ratio | 2.04 | 1.50 |
| EV / EBITDA | 8.40 | 6.89 |
| FCF yield | 7.25% | 11.45% |
Profitability
| Metric | ET | FANG |
|---|---|---|
| Gross margin | 24.11% | 35.16% |
| Operating margin | 10.60% | 27.68% |
| Net margin | 5.57% | 9.27% |
| ROE | 16.47% | 4.18% |
| ROIC | 7.17% | 6.00% |
Dividends
| Metric | ET | FANG |
|---|---|---|
| Dividend yield | 6.42% | 2.06% |
| Payout ratio | 98.16% | 72.43% |
Growth (annualized)
| Metric | ET | FANG |
|---|---|---|
| Revenue CAGR (5Y) | 14.94% | 31.48% |
| EPS CAGR (5Y) | 0.25% | 25.44% |
| FCF CAGR (5Y) | 11.51% | 51.55% |
| Total return CAGR (5Y) | 26.48% | 25.73% |
Frequently asked
- Which has the lower trailing P/E, ET or FANG?
- ET has the lower trailing P/E: ET trades at 12.91 and FANG at 39.40. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, ET or FANG?
- Over the past five years, FANG grew revenue faster — ET at a 14.94% CAGR versus FANG at 31.48%.
- Does ET or FANG pay a bigger dividend?
- ET yields 6.42% and FANG yields 2.06% based on trailing dividends and the latest price.
- Is ET or FANG more profitable?
- FANG runs the higher net margin — ET at 5.57% versus FANG at 9.27%.
Go deeper
Dig into the metrics
Energy Transfer LP P/E ratioDiamondback Energy P/E ratioEnergy Transfer LP dividend yieldDiamondback Energy dividend yieldEnergy Transfer LP ROEDiamondback Energy ROEEnergy Transfer LP operating marginDiamondback Energy operating marginEnergy Transfer LP revenue growthDiamondback Energy revenue growthEnergy Transfer LP free cash flowDiamondback Energy free cash flow
Energy Transfer LP & Diamondback Energy appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 12, 2026.