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Crestwood Equity Partners LP CEQP
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Quarterly report 2023-Q3
added 05-16-2026

Crestwood Equity Partners LP Financial Ratios 2022-2007 | CEQP

Brief overview of Crestwood Equity Partners LP's valuation multiples

The comparison uses the five latest available annual observations between 2012 and 2019.

Key multiples at the end of the period are P/E 8.02x (median 45.99x), EV/EBITDA 17.89x (median 13.01x), P/S 0.67x (median 0.67x). The multiple basket looks neutral against its history, differing from median levels by roughly 0%.

Current earnings relative to valuation equal about 12.5% on the 1/P/E measure. This is a valuation reference, not an expected payout.

Capital efficiency is characterized by ROE -1.1%, ROA 0.5%, ROCE 1.6%. The business is not generating positive returns on invested resources. Valuation should be read cautiously until earnings recover.

PEG of 0.61x shows valuation is not outpacing embedded growth. The conclusion depends on earnings durability.

The cash return period is stable at 7.8 days initially and 1.2 days at the end.

Conclusion

Crestwood Equity Partners LP's valuation and business quality look relatively balanced, with no pronounced distortion in either direction.

Annual Financial Ratios Crestwood Equity Partners LP

2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007

P/E

- - -66.0 8.0 46.0 -10.3 -8.5 -0.4 11.2 1544.3 108.9 769.5 - - - -

P/S

- - 0.7 0.7 0.6 0.5 0.7 0.2 0.2 7.3 6.8 28.8 - - - -

EPS

-0.3 -2.1 -1.6 3.1 -0.1 -3.6 -3.5 -54 3.0 0.6 0.4 - - - - -

EV (Enterprise Value)

4.22 B 2.9 B 4.66 B 5.25 B 4.6 B 4.07 B 3.74 B 3.51 B 3.5 B 13.4 B 2.65 B 8.12 B - -11.7 M -17.4 M -7.9 M

EBITDA per Share

- - 1.05 7.78 4.7 1.75 2.35 -30.4 16.2 0.75 2.8 1.9 5.46 4.43 - -

EV/EBITDA

17.9 13.0 51.8 7.7 12.2 28.3 20.6 -1.7 11.6 96.7 23.9 36.0 - -0.1 -0.1 -

PEG

- - 0.61 0.02 0.37 -0.83 -0.09 -0.0 0.03 -2.21 0.0 -1.28 - - - -

P/B

- - 0.7 1.0 1.1 0.9 0.7 0.2 0.1 1.9 1.3 -13.0 - - - -

P/CF

- - - -65.1 -45.0 29.2 7.5 1.5 2.2 54.9 15.9 68.7 - - - -

ROE %

- - -1.10 12.09 2.50 -8.80 -8.52 -60.32 7.27 0.81 1.42 0.67 125.14 40.74 5.83 -

ROA %

0.48 -1.77 -0.44 5.33 1.18 -4.48 -4.86 -28.93 0.67 0.08 0.65 0.44 2.14 0.77 - -

ROCE %

- - 1.58 8.06 4.19 -1.83 -1.63 -38.88 3.65 0.87 3.36 2.34 134.52 166.42 20.70 -

Current Ratio

1.6 1.5 1.1 1.1 1.1 1.1 1.1 2.0 2.9 2.8 2.3 0.8 - - - -

DSO

24.6 25.6 42.4 27.8 25.1 41.6 42.0 42.7 36.8 58.6 120.6 195.9 62.1 34.4 - -

DIO

- - 20.9 7.7 7.5 7.4 12.5 8.6 5.4 26.8 22.8 644.9 36.6 17.7 - -

DPO

23.4 23.6 37.5 27.1 24.8 37.8 41.2 37.3 35.8 70.0 706.6 1100.6 25.1 13.1 - -

Operating Cycle

24.6 25.6 63.3 35.5 32.7 49.0 54.5 51.3 42.1 85.4 143.4 840.8 98.6 52.1 - -

Cash Conversion Cycle

1.2 2.0 25.8 8.3 7.8 11.2 13.3 14.0 6.4 15.4 -563.2 -259.9 73.6 39.0 - -

All numbers in USD currency

Quarterly Financial Ratios Crestwood Equity Partners LP

2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1 2010-Q3

EPS

-0.33 1.2 0.16 - -0.64 0.14 -0.04 - -1.03 -1 -0.86 - -0.28 -0.68 -0.66 - 0.12 2.76 -0.07 - -0.34 -0.57 0.21 - -0.72 -0.28 -0.62 - -0.14 -0.74 -1.47 - -1.18 -0.21 0.04 0.21 0.02 -0.02 0.11 0.04 -0.05 0.03 0.13 - - - - - - - - -

EBITDA per Share

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -0.86 -1.33 0.26 -0.01 0.23 0.16 0.6 -0.06 0.28 0.16 0.09 0.37 0.89 1.17 0.7 0.7 0.87 1.71 0.99 1.24

ROE %

12.61 12.61 12.61 12.61 12.61 12.61 12.61 12.61 12.61 12.61 12.61 12.61 12.61 12.61 12.61 12.61 12.11 9.52 0.30 -0.25 -1.96 -1.76 -1.66 -3.28 -3.41 -3.54 -7.49 -6.21 -11.54 -12.85 -10.71 -6.47 -1.52 4.17 5.05 7.16 3.21 2.24 2.91 0.62 6.56 5.17 8.62 8.19 0.91 0.15 -0.04 6.17 2.61 3.37 5.90 -3.89

ROA %

1.65 2.16 -1.18 -1.67 -2.61 -1.84 -2.81 -3.00 -3.11 -2.67 -2.37 -1.40 -0.96 3.16 4.00 4.64 4.42 3.39 0.08 -0.11 -0.91 -0.83 -0.83 -1.54 -1.61 -1.77 -3.87 -3.28 -6.37 -6.80 -5.74 -3.50 -3.04 0.08 0.53 0.67 0.31 0.17 0.25 0.06 0.06 -0.51 0.72 0.56 0.23 -0.16 -0.24 1.91 0.66 1.16 2.05 -1.49

ROCE %

17.11 17.11 17.11 17.11 17.11 17.11 17.11 17.11 17.11 17.11 17.11 17.11 17.11 17.11 17.11 17.11 17.37 14.13 4.01 2.25 1.49 1.98 4.27 1.79 2.52 2.47 -1.02 -2.82 -16.62 -26.36 -23.79 -21.05 -21.08 -1.64 11.11 14.96 13.66 9.17 5.98 1.31 44.29 43.74 49.00 52.11 14.52 13.22 17.83 20.13 14.64 10.44 6.34 -1.45

Current Ratio

1.6 1.6 1.6 1.6 1.5 - 1.6 1.5 1.5 1.5 1.5 1.7 1.7 1.7 1.7 1.8 1.8 1.8 1.8 1.9 1.9 1.9 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

DSO

25.9 28.8 28.2 - 14.0 15.3 24.9 - 27.9 28.1 22.4 - 46.1 67.8 31.6 - 26.8 32.3 27.0 - 24.7 27.3 28.4 - 42.3 47.5 40.4 - 45.0 43.9 44.8 - 43.8 42.1 41.8 37.1 35.7 36.6 36.5 36.8 45.0 147.4 25.7 90.5 33.5 29.4 33.1 26.1 39.5 26.7 25.4 -

DIO

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 10.4 -

DPO

23.0 27.6 26.7 - 13.7 16.8 26.2 - 27.4 30.9 22.4 - 40.8 64.8 29.8 - 26.3 32.1 26.4 - 23.5 26.8 26.6 - 37.1 43.7 37.8 - 42.5 44.0 45.4 - 34.9 39.4 39.6 - 34.7 38.0 40.4 - 57.2 258.9 18.9 13.7 42.5 26.4 27.0 23.9 35.0 22.4 23.3 -

Operating Cycle

- 28.8 28.2 - 14.0 15.3 24.9 - 27.9 28.1 22.4 - 46.1 67.8 31.6 - 26.8 32.3 27.0 - 24.7 27.3 28.4 - 42.3 47.5 40.4 - 45.0 43.9 44.8 - 34.2 33.6 38.4 34.7 33.4 37.4 37.2 46.6 88.1 316.6 288.6 61.4 65.8 204.2 46.2 24.2 28.5 39.4 - -

Cash Conversion Cycle

- 1.2 1.5 - 0.3 -1.5 -1.3 - 0.4 -2.8 - - 5.3 3.0 1.8 - 0.6 0.2 0.6 - 1.2 0.5 1.8 - 5.1 3.8 2.5 - 2.5 -0.1 -0.6 - 5.0 5.0 5.2 34.7 7.3 8.0 1.2 46.6 -31.1 -348.4 -1010.5 60.0 17.9 -713.8 17.8 -2.9 16.9 -9.7 - -

All numbers in USD currency

Multiples are an important financial analysis tool for the company Crestwood Equity Partners LP, allowing investors and analysts to quickly assess the company’s value and investment attractiveness based on the ratio of market indicators to the company’s financial performance. Essentially, multiples express how the market values the company relative to its earnings, revenue, equity, or other key metrics.

Advantages of Using Financial Ratios
  • Simplified Data Analysis
    Financial ratios transform large volumes of accounting data into compact and easily interpretable indicators, significantly simplifying the assessment of the company’s condition.
  • Comparability Between Companies
    Multiples standardize financial metrics, enabling objective comparison of companies of different sizes, industries, and market capitalizations.
  • Identification of Trends and Issues
    Regular analysis of ratios helps track the dynamics of financial health, identify strengths and weaknesses of the business, as well as potential risks.
  • Decision Support
    Financial multiples serve as an important tool for investors, creditors, and company management in making investment, credit, and managerial decisions.
  • Accelerated Assessment of Investment Attractiveness
    Ratios allow quick determination of key performance, liquidity, and financial stability indicators, facilitating prompt evaluation of companies’ attractiveness for investments.

Using multiples enables comparison between companies, even if they differ in size or industry, as they standardize financial data into ratios convenient for analysis. This is especially useful for evaluating companies where direct analysis of financial statements may be complex or require in-depth knowledge.

Financial Ratios of other stocks in the Oil gas midstream industry

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