vs
Energy Transfer LP（ET）とNGL Energy Partners LP（NGL）の財務データ比較。上の社名をクリックして会社を切り替えられます
Energy Transfer LPの直近四半期売上が大きい（$25.3B vs $909.8M、NGL Energy Partners LPの約27.8倍）。NGL Energy Partners LPの純利益率が高く（5.2% vs 3.7%、差は1.5%）。Energy Transfer LPの前年同期比売上増加率が高い（29.6% vs -41.3%）。NGL Energy Partners LPの直近四半期フリーキャッシュフローが多い（$45.7M vs $-225.0M）。過去8四半期でEnergy Transfer LPの売上複合成長率が高い（8.2% vs -6.4%）
エナジートランスファーLPは米国のエネルギーインフラ運営企業で、1996年に設立され、本社はテキサス州ダラスに所在しています。天然ガス、原油、液化天然ガス、石油製品などのパイプライン輸送、貯蔵、ターミナル運営、天然ガス液の分留事業を展開する上場有限責任組合です。
NGLエナジーパートナーズLPは米国を本拠とする中流エネルギーサービス企業で、原油・天然ガス液・再生可能燃料の輸送・保管・ロジスティクスサービスのほか、上流エネルギー生産者向け水管理ソリューションを提供し、主に北米市場で事業を展開している。
ET vs NGL — 直接比較
損益計算書 — Q4 2025 vs Q3 2026
| 指標 | | |
|---|---|---|
| 売上 | $25.3B | $909.8M |
| 純利益 | $928.0M | $47.2M |
| 粗利率 | 23.3% | 29.0% |
| 営業利益率 | 8.2% | 12.1% |
| 純利益率 | 3.7% | 5.2% |
| 売上前年比 | 29.6% | -41.3% |
| 純利益前年比 | -13.8% | 249.3% |
| EPS（希薄化後） | — | — |
緑 = その指標でリード。会計年度がずれている場合は期間が異なる場合あり
8四半期 売上・利益トレンド
並べて比較する四半期履歴。決算期がずれていても暦四半期で整列
| Q4 25 | $25.3B | $909.8M | ||
| Q3 25 | $20.0B | $674.7M | ||
| Q2 25 | $19.2B | $622.2M | ||
| Q1 25 | $21.0B | $971.1M | ||
| Q4 24 | $19.5B | $982.4M | ||
| Q3 24 | $20.8B | $756.5M | ||
| Q2 24 | $20.7B | $759.2M | ||
| Q1 24 | $21.6B | $1.0B |
| Q4 25 | $928.0M | $47.2M | ||
| Q3 25 | $1.0B | $29.3M | ||
| Q2 25 | $1.2B | $68.9M | ||
| Q1 25 | $1.3B | $13.7M | ||
| Q4 24 | $1.1B | $13.5M | ||
| Q3 24 | $1.2B | $2.5M | ||
| Q2 24 | $1.3B | $9.7M | ||
| Q1 24 | $1.2B | $-236.8M |
| Q4 25 | 23.3% | 29.0% | ||
| Q3 25 | 27.0% | 37.6% | ||
| Q2 25 | 27.5% | 38.5% | ||
| Q1 25 | 25.9% | 26.9% | ||
| Q4 24 | 27.6% | 25.1% | ||
| Q3 24 | 24.8% | 30.9% | ||
| Q2 24 | 24.7% | 29.0% | ||
| Q1 24 | 23.3% | 21.8% |
| Q4 25 | 8.2% | 12.1% | ||
| Q3 25 | 10.8% | 14.0% | ||
| Q2 25 | 12.0% | 15.7% | ||
| Q1 25 | 11.9% | 8.4% | ||
| Q4 24 | 11.7% | 8.6% | ||
| Q3 24 | 10.5% | 10.8% | ||
| Q2 24 | 11.1% | 10.8% | ||
| Q1 24 | 11.0% | -9.4% |
| Q4 25 | 3.7% | 5.2% | ||
| Q3 25 | 5.1% | 4.3% | ||
| Q2 25 | 6.0% | 11.1% | ||
| Q1 25 | 6.3% | 1.4% | ||
| Q4 24 | 5.5% | 1.4% | ||
| Q3 24 | 5.7% | 0.3% | ||
| Q2 24 | 6.3% | 1.3% | ||
| Q1 24 | 5.7% | -22.8% |
貸借対照表と財務力
直近四半期の流動性・レバレッジ・純資産のスナップショット
| 指標 | | |
|---|---|---|
| 現金・短期投資手元流動性 | $1.3B | $6.5M |
| 総負債低いほど良い | $68.3B | $2.9B |
| 株主資本純資産 | $49.0B | — |
| 総資産 | $141.3B | $4.4B |
| 負債/資本比率低いほどレバレッジが低い | 1.39× | — |
8四半期トレンド — 暦四半期で整列
| Q4 25 | $1.3B | $6.5M | ||
| Q3 25 | $3.6B | $8.7M | ||
| Q2 25 | $242.0M | $5.4M | ||
| Q1 25 | — | $13.5M | ||
| Q4 24 | $312.0M | $5.7M | ||
| Q3 24 | — | $4.5M | ||
| Q2 24 | — | $5.3M | ||
| Q1 24 | — | $38.9M |
| Q4 25 | $68.3B | $2.9B | ||
| Q3 25 | $63.1B | $2.9B | ||
| Q2 25 | $60.8B | $2.9B | ||
| Q1 25 | $59.8B | $3.0B | ||
| Q4 24 | $59.8B | $3.1B | ||
| Q3 24 | $59.3B | $3.1B | ||
| Q2 24 | $57.6B | $3.0B | ||
| Q1 24 | $53.5B | $2.9B |
| Q4 25 | $49.0B | — | ||
| Q3 25 | $45.3B | — | ||
| Q2 25 | $45.5B | — | ||
| Q1 25 | $46.2B | — | ||
| Q4 24 | $46.0B | — | ||
| Q3 24 | $46.2B | — | ||
| Q2 24 | $45.5B | — | ||
| Q1 24 | $43.8B | — |
| Q4 25 | $141.3B | $4.4B | ||
| Q3 25 | $129.3B | $4.3B | ||
| Q2 25 | $125.0B | $4.2B | ||
| Q1 25 | $126.4B | $4.6B | ||
| Q4 24 | $125.4B | $4.8B | ||
| Q3 24 | $124.4B | $4.9B | ||
| Q2 24 | $121.3B | $4.8B | ||
| Q1 24 | $115.8B | $5.0B |
| Q4 25 | 1.39× | — | ||
| Q3 25 | 1.39× | — | ||
| Q2 25 | 1.33× | — | ||
| Q1 25 | 1.30× | — | ||
| Q4 24 | 1.30× | — | ||
| Q3 24 | 1.28× | — | ||
| Q2 24 | 1.27× | — | ||
| Q1 24 | 1.22× | — |
キャッシュフローと資本効率
再投資後に実際に生み出すキャッシュ。純利益より操作が難しい
| 指標 | | |
|---|---|---|
| 営業キャッシュフロー直近四半期 | $1.9B | $182.3M |
| フリーキャッシュフロー営業CF - 設備投資 | $-225.0M | $45.7M |
| FCFマージンFCF / 売上 | -0.9% | 5.0% |
| 設備投資強度設備投資 / 売上 | 8.4% | 15.0% |
| キャッシュ転換率営業CF / 純利益 | 2.05× | 3.86× |
| 直近12ヶ月FCF直近4四半期 | $3.8B | $126.7M |
8四半期トレンド — 暦四半期で整列
| Q4 25 | $1.9B | $182.3M | ||
| Q3 25 | $2.6B | $40.5M | ||
| Q2 25 | $2.8B | $33.2M | ||
| Q1 25 | $2.9B | $155.0M | ||
| Q4 24 | $2.6B | $153.8M | ||
| Q3 24 | $2.9B | $6.7M | ||
| Q2 24 | $2.3B | $-18.1M | ||
| Q1 24 | $3.8B | $152.2M |
| Q4 25 | $-225.0M | $45.7M | ||
| Q3 25 | $1.3B | $9.5M | ||
| Q2 25 | $1.1B | $11.1M | ||
| Q1 25 | $1.7B | $60.4M | ||
| Q4 24 | $1.1B | $152.1M | ||
| Q3 24 | $1.8B | $-82.9M | ||
| Q2 24 | $1.5B | $-78.0M | ||
| Q1 24 | $3.0B | $119.8M |
| Q4 25 | -0.9% | 5.0% | ||
| Q3 25 | 6.4% | 1.4% | ||
| Q2 25 | 5.7% | 1.8% | ||
| Q1 25 | 8.1% | 6.2% | ||
| Q4 24 | 5.7% | 15.5% | ||
| Q3 24 | 8.6% | -11.0% | ||
| Q2 24 | 7.0% | -10.3% | ||
| Q1 24 | 13.8% | 11.5% |
| Q4 25 | 8.4% | 15.0% | ||
| Q3 25 | 6.5% | 4.6% | ||
| Q2 25 | 8.6% | 3.6% | ||
| Q1 25 | 5.8% | 9.7% | ||
| Q4 24 | 7.5% | 0.2% | ||
| Q3 24 | 5.2% | 11.8% | ||
| Q2 24 | 3.9% | 7.9% | ||
| Q1 24 | 3.7% | 3.1% |
| Q4 25 | 2.05× | 3.86× | ||
| Q3 25 | 2.52× | 1.38× | ||
| Q2 25 | 2.37× | 0.48× | ||
| Q1 25 | 2.20× | 11.29× | ||
| Q4 24 | 2.40× | 11.39× | ||
| Q3 24 | 2.43× | 2.74× | ||
| Q2 24 | 1.73× | -1.87× | ||
| Q1 24 | 3.04× | — |
財務フロー比較
売上 → 粗利 → 営業利益 → 純利益のサンキー図
セグメント別売上内訳
ET
| Investment In Sunoco LP | $8.6B | 34% |
| NG Landrefinedproductstransportationandservices | $6.2B | 24% |
| NG Lsales | $4.6B | 18% |
| Midstream | $2.7B | 11% |
| Other | $900.0M | 4% |
| External Customers | $805.0M | 3% |
| Interstate Transportation And Storage | $631.0M | 2% |
| Investment In USAC | $252.0M | 1% |
| Intersegment | $97.0M | 0% |
NGL
| Water Solutions Segment | $208.6M | 23% |
| Services | $193.3M | 21% |
| Butane | $192.5M | 21% |
| Service Fees | $182.8M | 20% |
| Public Utilities Inventory Propane | $93.9M | 10% |
| Crude Oil | $23.3M | 3% |
| Crude Oil Transportation And Other | $6.5M | 1% |
| Liquids Logistics Segment | $2.5M | 0% |
| Crude Oil Logistics Segment | $1.2M | 0% |
