Basis: Current FMP quote-based enterprise value / four-quarter operating cash flow less absolute capital expenditures. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EV/FCF ratio high or low?
The EV/FCF ratio of 26.74x is 69% above its estimated 5-year average of 15.81x, around the middle of its estimated 5-year range (8.33x–38.76x).
As of 2026-09-24T19:40:44.671Z. 10.32% below its estimated 12-month average of 29.82x.
Calculation as of: 2026-09-24T19:40:44.671Z.
Quote observation: 2026-09-24T19:40:18.000Z. 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/FCF RATIO
26.74x
EV/FCF RATIO AVG TTM
29.82x
EV/FCF RATIO AVG 3Y
18.28x
EV/FCF RATIO AVG 5Y
15.81x
EV/FCF RATIO AVG 10Y
23.66x
EV/FCF RATIO AVG 15Y
23.66x
EV/FCF RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-10.32%
CURRENT VS 3Y AVG
+46.26%
CURRENT VS 5Y AVG
+69.13%
CURRENT VS 10Y AVG
+13.02%
CURRENT VS 15Y AVG
+13.02%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
18.09x
median of 46 covered companies
CURRENT VS SECTOR MEDIAN
+47.86%
vs the sector median at left
Market Cap
$62.10B
EV/FCF Ratio
40.59x
TTM Avg
60.59x
3Y Avg
230.03x
5Y Avg
215.02x
Market Cap
$60.89B
EV/FCF Ratio
109.18x
TTM Avg
152.89x
3Y Avg
114.02x
5Y Avg
75.65x
Market Cap
$80.77B
EV/FCF Ratio
33.11x
TTM Avg
38.24x
3Y Avg
28.54x
5Y Avg
22.94x
| NAME | MARKET CAP | EV/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Energy Transfer LP (ET) | $70.34B | 26.74x | 29.82x | 18.28x | 15.81x |
| Kinder Morgan, Inc. (KMI)vs › | $69.75B | 26.35x | 30.41x | 26.07x | 23.40x |
| EOG Resources, Inc. (EOG)vs › | $76.06B | 11.80x | 17.18x | 14.17x | 14.53x |
| Slb N.V. (SLB)vs › | $76.41B | 18.99x | 17.94x | 17.84x | 22.73x |
| TC Energy Corporation (TRP)vs › | $62.10B | 40.59x | 60.59x | 230.03x | 215.02x |
| Targa Resources Corp. (TRGP)vs › | $60.89B | 109.18x | 152.89x | 114.02x | 75.65x |
| Eni S.p.A. (E)vs › | $79.81B | 25.48x | 23.49x | 16.38x | 13.55x |
| Enterprise Products Partners L.P. (EPD)vs › | $80.77B | 33.11x | 38.24x | 28.54x | 22.94x |
| Suncor Energy Inc. (SU)vs › | $81.19B | 11.89x | 13.38x | 10.88x | 10.27x |
| MPLX Lp (MPLX)vs › | $58.96B | 25.45x | 15.53x | 14.63x | 13.71x |
EV/FCF
26.7x
P/FCF
13.5x
FCF Yield
7.42%
Formula: EV/FCF = Enterprise Value / Free Cash Flow
EV/FCF vs P/FCF:
EV/FCF = Enterprise Value / Free Cash Flow (TTM)
Enterprise value to free cash flow compares total company value to the cash the business generates after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EV/FCF RATIO |
|---|---|
| 2026-09-11 | 27.56x |
| 2026-09-10 | 27.68x |
| 2026-09-09 | 27.65x |
| 2026-09-08 | 27.54x |
| 2026-09-04 | 27.53x |
| 2026-09-03 | 27.49x |
| 2026-09-02 | 27.56x |
| 2026-09-01 | 27.48x |
| 2026-08-31 | 27.54x |
| 2026-08-28 | 27.40x |
| 2026-08-27 | 27.45x |
| 2026-08-26 | 27.48x |
| 2026-08-25 | 27.21x |
| 2026-08-24 | 27.25x |
| 2026-08-21 | 27.32x |
| 2026-08-20 | 27.34x |
| 2026-08-19 | 27.32x |
| 2026-08-18 | 27.48x |
| 2026-08-17 | 27.16x |
| 2026-08-14 | 27.23x |
| 2026-08-13 | 27.04x |
| 2026-08-12 | 27.16x |
| 2026-08-11 | 27.05x |
| 2026-08-10 | 26.93x |
| 2026-08-07 | 26.62x |
| 2026-08-06 | 38.76x |
| 2026-08-05 | 38.45x |
| 2026-08-04 | 38.44x |
| 2026-08-03 | 38.39x |
| 2026-07-31 | 38.46x |
| 2026-07-30 | 38.35x |
| 2026-07-29 | 38.31x |
| 2026-07-28 | 38.31x |
| 2026-07-27 | 38.04x |
| 2026-07-24 | 38.46x |
| 2026-07-23 | 38.52x |
| 2026-07-22 | 38.47x |
| 2026-07-21 | 38.36x |
| 2026-07-20 | 38.39x |
| 2026-07-17 | 38.43x |
| 2026-07-16 | 38.31x |
| 2026-07-15 | 38.04x |
| 2026-07-14 | 38.19x |
| 2026-07-13 | 38.29x |
| 2026-07-10 | 37.80x |
| 2026-07-09 | 37.92x |
| 2026-07-08 | 37.99x |
| 2026-07-07 | 37.94x |
| 2026-07-06 | 37.41x |
| 2026-07-02 | 37.49x |
| 2026-07-01 | 37.22x |
| 2026-06-30 | 37.29x |
| 2026-06-29 | 37.23x |
| 2026-06-26 | 37.34x |
| 2026-06-25 | 37.35x |
| 2026-06-24 | 37.12x |
| 2026-06-23 | 37.39x |
| 2026-06-22 | 37.07x |
| 2026-06-18 | 36.94x |
| 2026-06-17 | 36.94x |
| 2026-06-16 | 37.09x |
| 2026-06-15 | 37.09x |
| 2026-06-12 | 37.24x |
| 2026-06-11 | 36.95x |
| 2026-06-10 | 37.22x |
| 2026-06-09 | 37.23x |
| 2026-06-08 | 37.50x |
| 2026-06-05 | 37.55x |
| 2026-06-04 | 37.76x |
| 2026-06-03 | 37.70x |
| 2026-06-02 | 37.69x |
| 2026-06-01 | 37.43x |
| 2026-05-29 | 37.34x |
| 2026-05-28 | 37.57x |
| 2026-05-27 | 37.49x |
| 2026-05-26 | 37.74x |
| 2026-05-22 | 38.19x |
| 2026-05-21 | 38.13x |
| 2026-05-20 | 38.27x |
| 2026-05-19 | 38.49x |
| 2026-05-18 | 38.30x |
| 2026-05-15 | 38.27x |
| 2026-05-14 | 38.46x |
| 2026-05-13 | 38.22x |
| 2026-05-12 | 38.12x |
| 2026-05-11 | 37.75x |
| 2026-05-08 | 37.50x |
| 2026-05-07 | 37.19x |
| 2026-05-06 | 37.15x |
| 2026-05-05 | 37.64x |
| 2026-05-04 | 37.34x |
| 2026-05-01 | 37.21x |
| 2026-04-30 | 37.45x |
| 2026-04-29 | 37.04x |
| 2026-04-28 | 36.71x |
| 2026-04-27 | 36.37x |
| 2026-04-24 | 36.40x |
| 2026-04-23 | 36.46x |
| 2026-04-22 | 36.39x |
| 2026-04-21 | 36.28x |
| 2026-04-20 | 36.23x |
| 2026-04-17 | 36.19x |
| 2026-04-16 | 36.20x |
| 2026-04-15 | 36.04x |
| 2026-04-14 | 36.06x |
| 2026-04-13 | 36.18x |
| 2026-04-10 | 36.50x |
| 2026-04-09 | 36.41x |
| 2026-04-08 | 36.40x |
| 2026-04-07 | 36.43x |
| 2026-04-06 | 36.28x |
| 2026-04-02 | 36.25x |
| 2026-04-01 | 36.34x |
| 2026-03-31 | 36.60x |
| 2026-03-30 | 36.88x |
| 2026-03-27 | 36.96x |
| 2026-03-26 | 36.74x |
| 2026-03-25 | 36.45x |
| 2026-03-24 | 36.52x |
| 2026-03-23 | 36.38x |
| 2026-03-20 | 36.33x |
| 2026-03-19 | 36.28x |
| 2026-03-18 | 36.00x |
| 2026-03-17 | 36.12x |
| 2026-03-16 | 36.07x |
| 2026-03-13 | 36.08x |
| 2026-03-12 | 35.90x |
| 2026-03-11 | 36.08x |
| 2026-03-10 | 35.66x |
| 2026-03-09 | 35.93x |
| 2026-03-06 | 36.07x |
| 2026-03-05 | 36.01x |
| 2026-03-04 | 36.09x |
| 2026-03-03 | 36.19x |
| 2026-03-02 | 36.41x |
| 2026-02-27 | 36.17x |
| 2026-02-26 | 36.03x |
| 2026-02-25 | 35.93x |
| 2026-02-24 | 36.13x |
| 2026-02-23 | 36.15x |
| 2026-02-20 | 36.30x |
| 2026-02-19 | 24.90x |
| 2026-02-18 | 24.87x |
| 2026-02-17 | 24.69x |
| 2026-02-13 | 24.79x |
| 2026-02-12 | 24.45x |
| 2026-02-11 | 24.41x |
| 2026-02-10 | 24.34x |
| 2026-02-09 | 24.30x |
| 2026-02-06 | 24.22x |
| 2026-02-05 | 24.40x |
| 2026-02-04 | 24.52x |
| 2026-02-03 | 24.55x |
| 2026-02-02 | 24.36x |
| 2026-01-30 | 24.58x |
| 2026-01-29 | 24.64x |
| 2026-01-28 | 24.43x |
| 2026-01-27 | 24.23x |
| 2026-01-26 | 24.24x |
| 2026-01-23 | 24.26x |
| 2026-01-22 | 24.34x |
| 2026-01-21 | 24.02x |
| 2026-01-20 | 23.87x |
| 2026-01-16 | 23.81x |
| 2026-01-15 | 23.89x |
| 2026-01-14 | 23.91x |
| 2026-01-13 | 23.84x |
| 2026-01-12 | 23.67x |
| 2026-01-09 | 23.53x |
| 2026-01-08 | 23.49x |
| 2026-01-07 | 23.23x |
| 2026-01-06 | 23.04x |
| 2026-01-05 | 23.16x |
| 2026-01-02 | 23.28x |
| 2025-12-31 | 23.21x |
| 2025-12-30 | 23.24x |
| 2025-12-29 | 23.05x |
| 2025-12-26 | 23.04x |
| 2025-12-24 | 23.14x |
| 2025-12-23 | 23.11x |
| 2025-12-22 | 23.07x |
| 2025-12-19 | 23.14x |
| 2025-12-18 | 23.01x |
| 2025-12-17 | 23.14x |
| 2025-12-16 | 23.11x |
| 2025-12-15 | 23.21x |
| 2025-12-12 | 23.25x |
| 2025-12-11 | 23.15x |
| 2025-12-10 | 23.18x |
| 2025-12-09 | 23.33x |
| 2025-12-08 | 23.42x |
| 2025-12-05 | 23.42x |
| 2025-12-04 | 23.42x |
| 2025-12-03 | 23.36x |
| 2025-12-02 | 23.28x |
| 2025-12-01 | 23.44x |
| 2025-11-28 | 23.36x |
| 2025-11-26 | 23.16x |
| 2025-11-25 | 23.05x |
| 2025-11-24 | 23.21x |
| 2025-11-21 | 23.22x |
| 2025-11-20 | 23.31x |
| 2025-11-19 | 23.51x |
| 2025-11-18 | 23.54x |
| 2025-11-17 | 23.52x |
| 2025-11-14 | 23.57x |
| 2025-11-13 | 23.30x |
| 2025-11-12 | 23.27x |
| 2025-11-11 | 23.35x |
| 2025-11-10 | 23.35x |
| 2025-11-07 | 23.18x |
| 2025-11-06 | 20.98x |
| 2025-11-05 | 21.00x |
| 2025-11-04 | 20.78x |
| 2025-11-03 | 20.95x |
| 2025-10-31 | 20.95x |
| 2025-10-30 | 20.92x |
| 2025-10-29 | 21.01x |
| 2025-10-28 | 21.05x |
| 2025-10-27 | 21.00x |
| 2025-10-24 | 20.89x |
| 2025-10-23 | 20.96x |
| 2025-10-22 | 21.00x |
| 2025-10-21 | 20.91x |
| 2025-10-20 | 20.92x |
| 2025-10-17 | 20.72x |
| 2025-10-16 | 20.86x |
| 2025-10-15 | 20.99x |
| 2025-10-14 | 20.77x |
| 2025-10-13 | 20.76x |
| 2025-10-10 | 20.62x |
| 2025-10-09 | 20.82x |
| 2025-10-08 | 20.85x |
| 2025-10-07 | 20.85x |
| 2025-10-06 | 20.85x |
| 2025-10-03 | 20.93x |
| 2025-10-02 | 21.01x |
| 2025-10-01 | 21.05x |
| 2025-09-30 | 21.15x |
| 2025-09-29 | 21.18x |
| 2025-09-26 | 21.33x |
| 2025-09-25 | 21.30x |
| 2025-09-24 | 21.30x |
| 2025-09-23 | 21.12x |
| 2025-09-22 | 21.13x |
| 2025-09-19 | 21.24x |
| 2025-09-18 | 21.32x |
| 2025-09-17 | 21.38x |
| 2025-09-16 | 21.41x |
| 2025-09-15 | 21.38x |
| 2025-09-12 | 21.33x |
| 2025-09-11 | 21.35x |
| 2025-09-10 | 21.31x |
| 2025-09-09 | 21.16x |
| 2025-09-08 | 21.15x |
| 2025-09-05 | 21.29x |
| 2025-09-04 | 21.45x |
| 2025-09-03 | 21.40x |
| 2025-09-02 | 21.48x |
| 2025-08-29 | 21.49x |
Showing the most recent 260 of 2,027 data points. The chart above shows the full history.