Basis: Current FMP quote-based enterprise value / four-quarter operating income plus matched D&A. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EV/EBITDA ratio high or low?
The EV/EBITDA ratio of 8.30x is in line with its estimated 5-year average of 7.98x, around the middle of its estimated 5-year range (5.57x–9.81x).
As of 2026-09-23T00:15:38.235Z. 4.36% below its estimated 12-month average of 8.68x.
Calculation as of: 2026-09-23T00:15:38.235Z.
Quote observation: 2026-09-22T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 78291259c7b0894b4eb1fb5abfc53915a488f95cbb6f7dbbf01c673618ee4f18
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation. Historical series through 2026-09-11.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
EV/EBITDA RATIO
8.30x
EV/EBITDA RATIO AVG TTM
8.68x
EV/EBITDA RATIO AVG 3Y
8.37x
EV/EBITDA RATIO AVG 5Y
7.98x
EV/EBITDA RATIO AVG 10Y
8.59x
EV/EBITDA RATIO AVG 15Y
10.64x
EV/EBITDA RATIO AVG 20Y
10.88x
CURRENT VS TTM AVG
-4.36%
CURRENT VS 3Y AVG
-0.81%
CURRENT VS 5Y AVG
+4.06%
CURRENT VS 10Y AVG
-3.34%
CURRENT VS 15Y AVG
-21.99%
CURRENT VS 20Y AVG
-23.68%
SECTOR MEDIAN · ENERGY
9.02x
median of 48 covered companies
CURRENT VS SECTOR MEDIAN
-7.98%
vs the sector median at left
Market Cap
$69.63B
EV/EBITDA Ratio
13.23x
TTM Avg
13.73x
3Y Avg
12.91x
5Y Avg
12.00x
Market Cap
$62.23B
EV/EBITDA Ratio
14.35x
TTM Avg
16.15x
3Y Avg
14.37x
5Y Avg
13.70x
Market Cap
$60.56B
EV/EBITDA Ratio
14.55x
TTM Avg
13.43x
3Y Avg
12.21x
5Y Avg
11.36x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Energy Transfer LP (ET) | $70.20B | 8.30x | 8.68x | 8.37x | 7.98x |
| Kinder Morgan, Inc. (KMI)vs › | $69.63B | 13.23x | 13.73x | 12.91x | 12.00x |
| EOG Resources, Inc. (EOG)vs › | $74.31B | 4.98x | 5.66x | 5.46x | 5.86x |
| Eni S.p.A. (E)vs › | $77.16B | 8.53x | 7.76x | 5.67x | 4.69x |
| Slb N.V. (SLB)vs › | $77.35B | 11.44x | 10.02x | 9.82x | 11.43x |
| TC Energy Corporation (TRP)vs › | $62.23B | 14.35x | 16.15x | 14.37x | 13.70x |
| Suncor Energy Inc. (SU)vs › | $79.04B | 5.08x | 4.62x | 3.75x | 3.49x |
| Targa Resources Corp. (TRGP)vs › | $60.56B | 14.55x | 13.43x | 12.21x | 11.36x |
| MPLX Lp (MPLX)vs › | $60.03B | 12.21x | 11.52x | 10.68x | 10.14x |
| Enterprise Products Partners L.P. (EPD)vs › | $82.24B | 11.13x | 11.38x | 10.69x | 10.51x |
At 8.3, EV/EBITDA is below its estimated 20-year median — higher than 29% of readings in its estimated 20-year history.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
estimated 20-year low
5.6
median
10.4
estimated 20-year high
22.4
EV/EBITDA = Enterprise Value / EBITDA (TTM)
Enterprise value to EBITDA is a capital-structure-neutral valuation multiple, useful for comparing companies with different debt levels and tax rates.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EV/EBITDA RATIO |
|---|---|
| 2026-09-11 | 8.56x |
| 2026-09-10 | 8.60x |
| 2026-09-09 | 8.59x |
| 2026-09-08 | 8.55x |
| 2026-09-04 | 8.55x |
| 2026-09-03 | 8.54x |
| 2026-09-02 | 8.56x |
| 2026-09-01 | 8.54x |
| 2026-08-31 | 8.55x |
| 2026-08-28 | 8.51x |
| 2026-08-27 | 8.53x |
| 2026-08-26 | 8.54x |
| 2026-08-25 | 8.45x |
| 2026-08-24 | 8.47x |
| 2026-08-21 | 8.49x |
| 2026-08-20 | 8.49x |
| 2026-08-19 | 8.49x |
| 2026-08-18 | 8.54x |
| 2026-08-17 | 8.44x |
| 2026-08-14 | 8.46x |
| 2026-08-13 | 8.40x |
| 2026-08-12 | 8.44x |
| 2026-08-11 | 8.40x |
| 2026-08-10 | 8.36x |
| 2026-08-07 | 8.27x |
| 2026-08-06 | 9.16x |
| 2026-08-05 | 9.08x |
| 2026-08-04 | 9.08x |
| 2026-08-03 | 9.07x |
| 2026-07-31 | 9.09x |
| 2026-07-30 | 9.06x |
| 2026-07-29 | 9.05x |
| 2026-07-28 | 9.05x |
| 2026-07-27 | 8.99x |
| 2026-07-24 | 9.09x |
| 2026-07-23 | 9.10x |
| 2026-07-22 | 9.09x |
| 2026-07-21 | 9.06x |
| 2026-07-20 | 9.07x |
| 2026-07-17 | 9.08x |
| 2026-07-16 | 9.05x |
| 2026-07-15 | 8.99x |
| 2026-07-14 | 9.02x |
| 2026-07-13 | 9.05x |
| 2026-07-10 | 8.93x |
| 2026-07-09 | 8.96x |
| 2026-07-08 | 8.98x |
| 2026-07-07 | 8.97x |
| 2026-07-06 | 8.84x |
| 2026-07-02 | 8.86x |
| 2026-07-01 | 8.80x |
| 2026-06-30 | 8.81x |
| 2026-06-29 | 8.80x |
| 2026-06-26 | 8.82x |
| 2026-06-25 | 8.82x |
| 2026-06-24 | 8.77x |
| 2026-06-23 | 8.83x |
| 2026-06-22 | 8.76x |
| 2026-06-18 | 8.73x |
| 2026-06-17 | 8.73x |
| 2026-06-16 | 8.76x |
| 2026-06-15 | 8.76x |
| 2026-06-12 | 8.80x |
| 2026-06-11 | 8.73x |
| 2026-06-10 | 8.79x |
| 2026-06-09 | 8.80x |
| 2026-06-08 | 8.86x |
| 2026-06-05 | 8.87x |
| 2026-06-04 | 8.92x |
| 2026-06-03 | 8.91x |
| 2026-06-02 | 8.91x |
| 2026-06-01 | 8.85x |
| 2026-05-29 | 8.82x |
| 2026-05-28 | 8.88x |
| 2026-05-27 | 8.86x |
| 2026-05-26 | 8.92x |
| 2026-05-22 | 9.02x |
| 2026-05-21 | 9.01x |
| 2026-05-20 | 9.04x |
| 2026-05-19 | 9.10x |
| 2026-05-18 | 9.05x |
| 2026-05-15 | 9.04x |
| 2026-05-14 | 9.09x |
| 2026-05-13 | 9.03x |
| 2026-05-12 | 9.01x |
| 2026-05-11 | 8.92x |
| 2026-05-08 | 8.86x |
| 2026-05-07 | 9.69x |
| 2026-05-06 | 9.68x |
| 2026-05-05 | 9.81x |
| 2026-05-04 | 9.73x |
| 2026-05-01 | 9.70x |
| 2026-04-30 | 9.76x |
| 2026-04-29 | 9.65x |
| 2026-04-28 | 9.57x |
| 2026-04-27 | 9.48x |
| 2026-04-24 | 9.49x |
| 2026-04-23 | 9.50x |
| 2026-04-22 | 9.48x |
| 2026-04-21 | 9.46x |
| 2026-04-20 | 9.44x |
| 2026-04-17 | 9.43x |
| 2026-04-16 | 9.43x |
| 2026-04-15 | 9.39x |
| 2026-04-14 | 9.40x |
| 2026-04-13 | 9.43x |
| 2026-04-10 | 9.51x |
| 2026-04-09 | 9.49x |
| 2026-04-08 | 9.49x |
| 2026-04-07 | 9.50x |
| 2026-04-06 | 9.46x |
| 2026-04-02 | 9.45x |
| 2026-04-01 | 9.47x |
| 2026-03-31 | 9.54x |
| 2026-03-30 | 9.61x |
| 2026-03-27 | 9.63x |
| 2026-03-26 | 9.58x |
| 2026-03-25 | 9.50x |
| 2026-03-24 | 9.52x |
| 2026-03-23 | 9.48x |
| 2026-03-20 | 9.47x |
| 2026-03-19 | 9.46x |
| 2026-03-18 | 9.38x |
| 2026-03-17 | 9.41x |
| 2026-03-16 | 9.40x |
| 2026-03-13 | 9.40x |
| 2026-03-12 | 9.36x |
| 2026-03-11 | 9.40x |
| 2026-03-10 | 9.29x |
| 2026-03-09 | 9.36x |
| 2026-03-06 | 9.40x |
| 2026-03-05 | 9.38x |
| 2026-03-04 | 9.41x |
| 2026-03-03 | 9.43x |
| 2026-03-02 | 9.49x |
| 2026-02-27 | 9.43x |
| 2026-02-26 | 9.39x |
| 2026-02-25 | 9.36x |
| 2026-02-24 | 9.42x |
| 2026-02-23 | 9.42x |
| 2026-02-20 | 9.46x |
| 2026-02-19 | 8.66x |
| 2026-02-18 | 8.65x |
| 2026-02-17 | 8.59x |
| 2026-02-13 | 8.63x |
| 2026-02-12 | 8.51x |
| 2026-02-11 | 8.49x |
| 2026-02-10 | 8.47x |
| 2026-02-09 | 8.45x |
| 2026-02-06 | 8.43x |
| 2026-02-05 | 8.49x |
| 2026-02-04 | 8.53x |
| 2026-02-03 | 8.54x |
| 2026-02-02 | 8.48x |
| 2026-01-30 | 8.55x |
| 2026-01-29 | 8.57x |
| 2026-01-28 | 8.50x |
| 2026-01-27 | 8.43x |
| 2026-01-26 | 8.43x |
| 2026-01-23 | 8.44x |
| 2026-01-22 | 8.47x |
| 2026-01-21 | 8.36x |
| 2026-01-20 | 8.31x |
| 2026-01-16 | 8.28x |
| 2026-01-15 | 8.31x |
| 2026-01-14 | 8.32x |
| 2026-01-13 | 8.30x |
| 2026-01-12 | 8.23x |
| 2026-01-09 | 8.19x |
| 2026-01-08 | 8.17x |
| 2026-01-07 | 8.08x |
| 2026-01-06 | 8.02x |
| 2026-01-05 | 8.06x |
| 2026-01-02 | 8.10x |
| 2025-12-31 | 8.07x |
| 2025-12-30 | 8.09x |
| 2025-12-29 | 8.02x |
| 2025-12-26 | 8.02x |
| 2025-12-24 | 8.05x |
| 2025-12-23 | 8.04x |
| 2025-12-22 | 8.03x |
| 2025-12-19 | 8.05x |
| 2025-12-18 | 8.01x |
| 2025-12-17 | 8.05x |
| 2025-12-16 | 8.04x |
| 2025-12-15 | 8.08x |
| 2025-12-12 | 8.09x |
| 2025-12-11 | 8.05x |
| 2025-12-10 | 8.06x |
| 2025-12-09 | 8.12x |
| 2025-12-08 | 8.15x |
| 2025-12-05 | 8.15x |
| 2025-12-04 | 8.15x |
| 2025-12-03 | 8.13x |
| 2025-12-02 | 8.10x |
| 2025-12-01 | 8.16x |
| 2025-11-28 | 8.13x |
| 2025-11-26 | 8.06x |
| 2025-11-25 | 8.02x |
| 2025-11-24 | 8.07x |
| 2025-11-21 | 8.08x |
| 2025-11-20 | 8.11x |
| 2025-11-19 | 8.18x |
| 2025-11-18 | 8.19x |
| 2025-11-17 | 8.18x |
| 2025-11-14 | 8.20x |
| 2025-11-13 | 8.11x |
| 2025-11-12 | 8.10x |
| 2025-11-11 | 8.12x |
| 2025-11-10 | 8.12x |
| 2025-11-07 | 8.06x |
| 2025-11-06 | 8.07x |
| 2025-11-05 | 8.08x |
| 2025-11-04 | 7.99x |
| 2025-11-03 | 8.06x |
| 2025-10-31 | 8.06x |
| 2025-10-30 | 8.04x |
| 2025-10-29 | 8.08x |
| 2025-10-28 | 8.09x |
| 2025-10-27 | 8.08x |
| 2025-10-24 | 8.03x |
| 2025-10-23 | 8.06x |
| 2025-10-22 | 8.08x |
| 2025-10-21 | 8.04x |
| 2025-10-20 | 8.04x |
| 2025-10-17 | 7.97x |
| 2025-10-16 | 8.02x |
| 2025-10-15 | 8.07x |
| 2025-10-14 | 7.99x |
| 2025-10-13 | 7.98x |
| 2025-10-10 | 7.93x |
| 2025-10-09 | 8.01x |
| 2025-10-08 | 8.02x |
| 2025-10-07 | 8.02x |
| 2025-10-06 | 8.02x |
| 2025-10-03 | 8.05x |
| 2025-10-02 | 8.08x |
| 2025-10-01 | 8.09x |
| 2025-09-30 | 8.13x |
| 2025-09-29 | 8.14x |
| 2025-09-26 | 8.20x |
| 2025-09-25 | 8.19x |
| 2025-09-24 | 8.19x |
| 2025-09-23 | 8.12x |
| 2025-09-22 | 8.13x |
| 2025-09-19 | 8.17x |
| 2025-09-18 | 8.20x |
| 2025-09-17 | 8.22x |
| 2025-09-16 | 8.23x |
| 2025-09-15 | 8.22x |
| 2025-09-12 | 8.20x |
| 2025-09-11 | 8.21x |
| 2025-09-10 | 8.19x |
| 2025-09-09 | 8.14x |
| 2025-09-08 | 8.13x |
| 2025-09-05 | 8.19x |
| 2025-09-04 | 8.25x |
| 2025-09-03 | 8.23x |
| 2025-09-02 | 8.26x |
| 2025-08-29 | 8.26x |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.
