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As of today (2024-06-10), Magellan Midstream Partners LP's share price is $69.00. Magellan Midstream Partners LP's Owner Earnings per Share (TTM) ended in Jun. 2023 was $5.09. It's Price-to-Owner-Earnings for today is 13.56.
The historical rank and industry rank for Magellan Midstream Partners LP's Price-to-Owner-Earnings or its related term are showing as below:
During the past 13 years, the highest Price-to-Owner-Earnings of Magellan Midstream Partners LP was 34.87. The lowest was 9.48. And the median was 22.76.
As of today (2024-06-10), Magellan Midstream Partners LP's share price is $69.00. Magellan Midstream Partners LP's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2023 was $5.02. Therefore, Magellan Midstream Partners LP's PE Ratio for today is 13.75.
As of today (2024-06-10), Magellan Midstream Partners LP's share price is $69.00. Magellan Midstream Partners LP's EPS without NRI for the trailing twelve months (TTM) ended in was $5.01. Therefore, Magellan Midstream Partners LP's PE Ratio without NRI for today is 13.77.
During the past 13 years, Magellan Midstream Partners LP's highest PE Ratio without NRI was 27.89. The lowest was 6.67. And the median was 17.53.
The historical data trend for Magellan Midstream Partners LP's Price-to-Owner-Earnings can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Magellan Midstream Partners LP Annual Data | |||||||||||||||||||||
Trend | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | |||||||||||
Price-to-Owner-Earnings | Get a 7-Day Free Trial | 11.49 | 21.17 | 19.41 | 13.70 | 12.85 |
Magellan Midstream Partners LP Quarterly Data | ||||||||||||||||||||
Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | |
Price-to-Owner-Earnings | Get a 7-Day Free Trial | 16.06 | 13.05 | 12.85 | 10.32 | 12.24 |
For the Oil & Gas Midstream subindustry, Magellan Midstream Partners LP's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Oil & Gas industry and Energy sector, Magellan Midstream Partners LP's Price-to-Owner-Earnings distribution charts can be found below:
* The bar in red indicates where Magellan Midstream Partners LP's Price-to-Owner-Earnings falls into.
In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:
"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."
Magellan Midstream Partners LP's Price-to-Owner-Earnings for today is calculated as
Price-to-Owner-Earnings | = | Share Price | / | Owner Earnings per Share (TTM) |
= | 69.00 | / | 5.09 | |
= | 13.56 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Magellan Midstream Partners LP (NYSE:MMP) Price-to-Owner-Earnings Explanation
For how to get Owner Earnings per Share (TTM), please click.
Thank you for viewing the detailed overview of Magellan Midstream Partners LP's Price-to-Owner-Earnings provided by GuruFocus.com. Please click on the following links to see related term pages.
James R Hoskin | officer: Senior Vice President | ONE WILLIAMS CENTER, SUITE 2800, TULSA OK 74172 |
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Michael N Mears | officer: Vice President | ONE WILLIAMS CENTER, MD 28-1, TULSA OK 74172 |
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