Energy Transfer LP (ET) vs Slb N.V. (SLB)

A side-by-side comparison of Energy Transfer LP and Slb N.V. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnET vs SLB

growth of $100 · dividends reinvested · last 10y
ET +174.2% (+10.6%/yr)SLB -5.8% (-0.6%/yr)ET compounded faster over this window
0100200Start $10020182020202220242026$274$94
ET SLB

ET vs SLB: by the numbers

  • SLB is the larger company ($77.35B vs $70.20B market cap).
  • ET trades at the lower trailing earnings multiple (12.67 vs 25.42 P/E), one valuation lens rather than an overall verdict.
  • SLB converts more revenue to profit (8.46% vs 5.57% net margin).
  • ET grew revenue faster over the past five years (14.94% vs 10.93% CAGR).
  • ET pays the higher dividend yield (6.24% vs 2.09%).

Metrics side by side

Valuation

MetricETSLB
P/E ratio12.6725.42
Forward P/E12.0321.03
P/S ratio0.672.13
P/B ratio1.992.97
EV / EBITDA8.3011.44
FCF yield7.43%5.89%

Profitability

MetricETSLB
Gross margin24.11%16.53%
Operating margin10.60%13.40%
Net margin5.57%8.46%
ROE16.47%11.80%
ROIC8.16%9.15%

Dividends

MetricETSLB
Dividend yield6.24%2.09%
Payout ratio83.54%57.07%

Growth (annualized)

MetricETSLB
Revenue CAGR (5Y)14.94%10.93%
EPS CAGR (5Y)0.25%N/A
FCF CAGR (5Y)11.51%17.03%
Total return CAGR (5Y)28.04%18.51%

Frequently asked

Which has the lower trailing P/E, ET or SLB?
ET has the lower trailing P/E: ET trades at 12.67 and SLB at 25.42. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, ET or SLB?
Over the past five years, ET grew revenue faster — ET at a 14.94% CAGR versus SLB at 10.93%.
Does ET or SLB pay a bigger dividend?
ET yields 6.24% and SLB yields 2.09% based on trailing dividends and the latest price.
Is ET or SLB more profitable?
SLB runs the higher net margin — ET at 5.57% versus SLB at 8.46%.
How have ET and SLB total returns compared?
Over the past 10 years, ET delivered 10.54% and SLB delivered -0.44% annualized total return. 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 September 13, 2026.