Equitrans Midstream Statistics
Total Valuation
ETRN has a market cap or net worth of $6.19 billion. The enterprise value is $13.93 billion.
| Market Cap | 6.19B |
| Enterprise Value | 13.93B |
Important Dates
The next estimated earnings date is Tuesday, July 30, 2024, before market open.
| Earnings Date | Jul 30, 2024 |
| Ex-Dividend Date | May 6, 2024 |
Share Statistics
ETRN has 433.66 million shares outstanding. The number of shares has increased by 1.45% in one year.
| Shares Outstanding | 433.66M |
| Shares Change (YoY) | +1.45% |
| Shares Change (QoQ) | +0.69% |
| Owned by Insiders (%) | 0.67% |
| Owned by Institutions (%) | 87.73% |
| Float | n/a |
Valuation Ratios
The trailing PE ratio is 15.87 and the forward PE ratio is 14.19. ETRN's PEG ratio is 0.60.
| PE Ratio | 15.87 |
| Forward PE | 14.19 |
| PS Ratio | 4.48 |
| Forward PS | 3.92 |
| PB Ratio | 5.75 |
| P/FCF Ratio | 10.81 |
| PEG Ratio | 0.60 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 11.20, with an EV/FCF ratio of 24.31.
| EV / Earnings | 35.36 |
| EV / Sales | 10.08 |
| EV / EBITDA | 11.20 |
| EV / EBIT | 15.52 |
| EV / FCF | 24.31 |
Financial Position
The company has a current ratio of 0.63, with a Debt / Equity ratio of 7.23.
| Current Ratio | 0.63 |
| Quick Ratio | 0.51 |
| Debt / Equity | 7.23 |
| Debt / EBITDA | 6.26 |
| Debt / FCF | 13.59 |
| Interest Coverage | 2.04 |
Financial Efficiency
Return on equity (ROE) is 38.60% and return on invested capital (ROIC) is 7.26%.
| Return on Equity (ROE) | 38.60% |
| Return on Assets (ROA) | 3.50% |
| Return on Capital (ROIC) | 7.26% |
| Revenue Per Employee | $1.79M |
| Profits Per Employee | $509,746 |
| Employee Count | 773 |
| Asset Turnover | 0.12 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, ETRN has paid $4.36 million in taxes.
| Income Tax | 4.36M |
| Effective Tax Rate | 1.09% |
Stock Price Statistics
The stock price has increased by +67.41% in the last 52 weeks. The beta is 1.95, so ETRN's price volatility has been higher than the market average.
| Beta (1Y) | 1.95 |
| 52-Week Price Change | +67.41% |
| 50-Day Moving Average | 13.11 |
| 200-Day Moving Average | 10.69 |
| Relative Strength Index (RSI) | 62.94 |
| Average Volume (30 Days) | 7,897,144 |
Short Selling Information
The latest short interest is 11.19 million, so 2.58% of the outstanding shares have been sold short.
| Short Interest | 11.19M |
| Short Previous Month | 8.50M |
| Short % of Shares Out | 2.58% |
| Short % of Float | n/a |
| Short Ratio (days to cover) | 2.08 |
Income Statement
In the last 12 months, ETRN had revenue of $1.38 billion and earned $394.03 million in profits. Earnings per share was $0.90.
| Revenue | 1.38B |
| Gross Profit | 1.20B |
| Operating Income | 650.29M |
| Pretax Income | 456.91M |
| Net Income | 394.03M |
| EBITDA | 1.24B |
| EBIT | 897.73M |
| Earnings Per Share (EPS) | $0.90 |
Balance Sheet
The company has $51.29 million in cash and $7.79 billion in debt, giving a net cash position of -$7.74 billion or -$17.85 per share.
| Cash & Cash Equivalents | 51.29M |
| Total Debt | 7.79B |
| Net Cash | -7.74B |
| Net Cash Per Share | -$17.85 |
| Equity / Book Value | 1.08B |
| Book Value Per Share | 2.48 |
| Working Capital | -214.21M |
Cash Flow
In the last 12 months, operating cash flow was $968.85 million and capital expenditures -$395.82 million, giving a free cash flow of $573.03 million.
| Operating Cash Flow | 968.85M |
| Capital Expenditures | -395.82M |
| Free Cash Flow | 573.03M |
| FCF Per Share | $1.32 |
Margins
Gross margin is 86.95%, with operating and profit margins of 47.06% and 28.51%.
| Gross Margin | 86.95% |
| Operating Margin | 47.06% |
| Pretax Margin | 33.06% |
| Profit Margin | 28.51% |
| EBITDA Margin | 90.04% |
| EBIT Margin | 64.97% |
| FCF Margin | 41.47% |
Dividends & Yields
This stock pays an annual dividend of $0.60, which amounts to a dividend yield of 4.20%.
| Dividend Per Share | $0.60 |
| Dividend Yield | 4.20% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 66.67% |
| Buyback Yield | -1.45% |
| Shareholder Yield | 2.75% |
| Earnings Yield | 6.36% |
| FCF Yield | 9.25% |
Analyst Forecast
The average price target for ETRN is $11.42, which is -20.03% lower than the current price. The consensus rating is "Hold".
| Price Target | $11.42 |
| Price Target Difference | -20.03% |
| Analyst Consensus | Hold |
| Analyst Count | 11 |
| Revenue Growth Forecast (5Y) | 6.30% |
| EPS Growth Forecast (5Y) | 10.69% |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
ETRN has an Altman Z-Score of 0.39 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.39 |
| Piotroski F-Score | 4 |