Energy Transfer LP (ET) vs Diamondback Energy, Inc. (FANG)

ET leads on 9 of 16 compared metrics.

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 June 28, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — ET vs FANG

growth of $100 · last 14y
ET +69.0%FANG +928.1%FANG compounded faster
Log scale — wide-divergence pair
101001k10kStart $1002015201820212024$169$1,028
ET FANG

ET vs FANG: by the numbers

  • ET is the larger company ($65.97B vs $50.61B market cap).
  • ET trades at the lower earnings multiple (14.31 vs 211.66 P/E).
  • ET converts more revenue to profit (5.41% vs 2.65% net margin).
  • FANG grew revenue faster over the past five years (37.44% vs 15.06% CAGR).
  • ET pays the higher dividend yield (7.04% vs 2.45%).

Which is better, ET or FANG?

Metric tally: ET 9 · FANG 7

It depends on what you're optimizing for:

ValueET(lower P/E)
GrowthFANG(faster 5Y revenue CAGR)
IncomeET(higher dividend yield)
QualityET(higher ROIC)

Metrics side by side

Valuation

MetricETFANG
P/E ratio14.31211.66
Forward P/E12.06
P/S ratio0.743.35
P/B ratio1.921.39
PEG ratio2.238.32
EV / EBITDA8.827.51
FCF yield5.51%3.13%

Profitability

MetricETFANG
Gross margin22.91%41.83%
Operating margin11.11%32.73%
Net margin5.41%2.65%
ROE14.02%1.10%
ROIC7.17%6.00%

Dividends

MetricETFANG
Dividend yield7.04%2.45%
Payout ratio99.26%76.79%

Growth (annualized)

MetricETFANG
Revenue CAGR (5Y)15.06%37.44%
EPS CAGR (5Y)0.25%25.44%
FCF CAGR (5Y)-11.11%91.40%
Total return CAGR (5Y)21.57%18.00%

Frequently asked

Which is better, ET or FANG?
It depends on your goal. value: ET (lower P/E); growth: FANG (faster 5Y revenue CAGR); income: ET (higher dividend yield); quality: ET (higher ROIC). Across all compared metrics, ET leads 9 to 7.
Is ET or FANG cheaper?
On trailing earnings, ET is cheaper: ET trades at a 14.31 P/E and FANG at 211.66.
Which has grown faster, ET or FANG?
Over the past five years, FANG grew revenue faster — ET at a 15.06% CAGR versus FANG at 37.44%.
Does ET or FANG pay a bigger dividend?
ET yields 7.04% and FANG yields 2.45% based on trailing dividends and the latest price.
Is ET or FANG more profitable?
ET runs the higher net margin — ET at 5.41% versus FANG at 2.65%.
Which has been the better investment, ET or FANG?
Over the past 10-year, ET delivered the higher annualized total return — ET at 12.25% versus FANG at 10.32%. Past performance doesn't predict future results.

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 June 28, 2026.