MEDIUM confidence: 100% data completeness, but the composite (54) sits in the indecisive 30–70 range — strong-buy and short calls require a more decisive composite. What does confidence mean?
Technical context for active traders — derived from price, the 50/200-day moving averages, the 52-week range, and recent volume. Not part of the QScore.
Fama-French 5-factor (2×3) + Momentum, monthly OLS with Newey-West errors. Bars show signed factor betas; faded bars/figures aren't statistically significant.
AI classification of policy/regulatory sensitivity from the company's sector, industry, and business description. Exposure/sensitivity only — not a political opinion, a prediction of government action, or investment advice. As of 2026-07-10.
Dated events from the market calendar; the “also watch” items are AI-generated observations from QScoring data. Informational only — not investment advice, and dates can change.
| Metric (USD) | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | $67.4B— | $89.9B+33.3% | $78.6B-12.6% | $82.7B+5.2% | $82.6B-0.1% |
| EPS (dil.) | $1.89— | $1.40-25.9% | $1.09-22.1% | $1.28+17.4% | $1.35+5.5% |
| Free Cash Flow | $8.3B— | $5.7B-32.0% | $6.4B+13.2% | $7.3B+14.3% | $3.8B-47.6% |
| Gross Margin | 19.9% | 14.8%-5.1pp | 17.6%+2.8pp | 19.0%+1.4pp | 21.8%+2.8pp |
| Operating Margin | 13.0% | 8.6%-4.4pp | 10.6%+1.9pp | 11.1%+0.5pp | 11.4%+0.4pp |
| Net Margin | 8.1% | 5.3%-2.8pp | 5.0%-0.3pp | 5.8%+0.8pp | 5.9%+0.1pp |
Absolute figures with year-over-year change. Margins show the level with the change in percentage points (pp). “n/m” = not meaningful (prior ≤ 0); ⚠ marks a large percentage off a small base — read the dollar figure.
Net buyback (repurchases less issuance) ÷ market cap, plus trailing dividend yield.
Buy-rated share 86% → 90% over ~3 months (+4pp).
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Aug 2026 | $0.38 | $0.59 | +55.3% |
| May 2026 | $0.40 | $0.35 | -12.5% |
| Feb 2026 | $0.37 | $0.25 | -32.9% |
| Nov 2025 | $0.33 | $0.28 | -16.0% |
| Aug 2025 | $0.33 | $0.32 | -2.7% |
| May 2025 | $0.36 | $0.36 | +0.4% |
| Feb 2025 | $0.35 | $0.29 | -17.1% |
| Nov 2024 | $0.34 | $0.32 | -5.9% |
Net insider $250K over 180 days (1 open-market buys, 0 sells). Insider buying is the informative signal; routine selling is normal.
Short interest, days-to-cover, and institutional-ownership change require a data-plan upgrade (not yet available).
Forward-return IC, quintile spread & hit rate publish on /performance as the tracking panel accrues enough no-look-ahead history.
Working the DCF backward: holding the assumptions below, this is the free-cash-flow growth today's price implies over the next 10 years. It is a read on the price's embedded expectations — not a fair-value or target price.
The price implies FCF growth below the analyst consensus of 0.8%/yr (revenue basis).
Base free cash flow $5.9B (avg FY2023–FY2025; latest year $3.8B) · equity value $72.4B · levered FCF discounted at the cost of equity. Reverse DCF is illustrative, not advice.
The QScore of 54 for Energy Transfer LP indicates a neutral outlook, driven by a mix of favorable and unfavorable factors. The stock scores high on value, with a P/E of 13.1 and EV/EBITDA of 9.7, and exhibits strong momentum, with a 21.1% return over the past year. However, growth and profitability scores are lower, due to negative revenue growth and moderate returns on equity and assets. The long-term and short-term scores are relatively aligned, with only a 3-point difference.