Equitrans Midstream's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Equitrans Midstream (ETRN) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Equitrans Midstream vs Its Competitors
- TTM: Trailing 12-month revenue of 1,425M vs -M combined for tracked competitors (100.0% combined share).
- Trending: Latest-quarter revenue run-rate is holding steady (+1.5% annualized vs trailing 12 months).
- Peer revenue share: Equitrans Midstream accounted for 100.0% of combined revenue among its tracked peer group, up from 100.0% a year earlier.
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
ETRN Sales vs. its Competitors, Q2 2024
Equitrans Midstream generated 100.00 % of the combined sales of its peer group, up from 100.00 % a year earlier.
For context: the Natural Gas Utilities industry grew revenue 24.5% year over year, combined, vs 13.5% for Equitrans Midstream. Equitrans Midstream's share of combined industry revenue moved from 0.13% to 0.12%, a loss of 0.01 percentage points.
Equitrans Midstream's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Equitrans Midstream Corporation | Yes | Yes | No | No |
| Similar Growth & Profitability (8) | 100.00 % (8 of 8) | 75.00 % (6 of 8) | 37.50 % (3 of 8) | 37.50 % (3 of 8) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
ETRN Stock Performance relative to its Competitors
ETRN Stock Performance relative to Similar Growth & Profitability Competitors
Equitrans Midstream's Competitors Named by the Company
Competitive relationships identified from SEC filings and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| EQT | Named by the company | 85% |
Filing basis, confidence, active dates and source counts for Equitrans Midstream's named competitors require a Commercial License.
Methodology: relationships are extracted from SEC filings (named-competitor disclosures) and corroborating sources. Named by the company = explicitly disclosed as a competitor; Inferred = derived from corroborating signals. Confidence reflects evidence strength.
Equitrans Midstream's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Equitrans Midstream Corporation | Gas Gathering 63.61 % |
Source: operating segment revenue as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).