Energy Transfer (ET-PI) Debt Ratio (2009 - 2026)

Energy Transfer (ET-PI) reported Debt Ratio of 0.47 for Q1 2026, down 0.61% on a YoY basis from 0.47 in Q1 2025, and down 2.8% quarter-over-quarter from 0.48 in Q4 2025.

Energy Transfer (ET-PI) Debt Ratio (2009 - 2026) Analysis & Trends

Energy Transfer has reported Debt Ratio for 18 years, with the latest figure at 0.47 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio fell 0.61% year-over-year to 0.47; the trailing twelve-month figure through Mar 2026 stood at 0.47 (down 0.61% YoY), and the FY2025 full-year result was 0.48, up 1.47% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.47, down from 0.48 in the prior quarter.
  • The five-year high for Debt Ratio was 0.49 in Q3 2025, with the low at 0.42 in Q2 2023.
  • Historically, Debt Ratio has averaged 0.46 across 5 years, with a median of 0.46 in 2023.
  • Annual changes were most pronounced in 2022 — Debt Ratio retreated 9.62% — and 2024, when it grew 11.26%.
  • Energy Transfer's Debt Ratio stood at 0.46 in 2022, then gained by 0.86% to 0.46 in 2023, then increased by 3.44% to 0.48 in 2024, then gained by 1.47% to 0.48 in 2025, then fell by 2.8% to 0.47 in 2026.
  • The last three Debt Ratio figures came in at 0.47 (Q1 2026), 0.48 (Q4 2025), and 0.49 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 0.47
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 0.42
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 0.44
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 0.47
5 Scorpio Tankers 59.17 Bn 58.19 Bn - 0.14
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 0.60
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 0.71
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 0.47
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 0.39
10 Energy Transfer - - 6.62 Bn 0.47

Historic Data

Download Data
DateValue
Mar 31, 2026 0.47
Dec 31, 2025 0.48
Sep 30, 2025 0.49
Jun 30, 2025 0.49
Mar 31, 2025 0.47
Dec 31, 2024 0.48
Sep 30, 2024 0.48
Jun 30, 2024 0.47
Mar 31, 2024 0.45
Dec 31, 2023 0.46
Sep 30, 2023 0.45
Jun 30, 2023 0.42
Mar 31, 2023 0.45
Dec 31, 2022 0.46
Sep 30, 2022 0.45
Jun 30, 2022 0.44
Mar 31, 2022 0.45
Dec 31, 2021 0.47
Sep 30, 2021 0.47
Jun 30, 2021 0.47