Energy Transfer (ET-PI) Free Cash Flow (2010 - 2026)

Energy Transfer (ET-PI) posted Free Cash Flow of $1.5 billion for Q1 2026, up 749.78% on a QoQ basis from -$225.0 million in Q4 2025, and down 13.64% year-over-year from $1.7 billion in Q1 2025.

Energy Transfer (ET-PI) Free Cash Flow (2010 - 2026) Analysis & Trends

Energy Transfer (ET-PI) has reported Free Cash Flow for 17 consecutive years, with $1.5 billion the latest figure, recorded in Q1 2026.

  • Free Cash Flow for Q1 2026 came in at $1.5 billion, down 13.64% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.6 billion (down 40.33% YoY), and the FY2025 annual result was $3.8 billion, down 47.62% from the prior year.
  • Free Cash Flow was $1.5 billion for Q1 2026 at Energy Transfer, up from -$225.0 million in the prior quarter.
  • Over five years, Free Cash Flow peaked at $3.0 billion in Q1 2024 and troughed at -$225.0 million in Q4 2025.
  • A 5-year average of $1.5 billion and a median of $1.6 billion in 2022 frame the typical range for Free Cash Flow.
  • Annual changes were most pronounced in 2024 — Free Cash Flow surged 88.85% — and 2025, when it tumbled 120.13%.
  • Year by year, Free Cash Flow stood at $450.0 million in 2022, then surged by 31.56% to $592.0 million in 2023, then soared by 88.85% to $1.1 billion in 2024, then sank by 120.13% to -$225.0 million in 2025, then jumped by 749.78% to $1.5 billion in 2026.
  • Per Business Quant, the three latest ET-PI Free Cash Flow figures stand at $1.5 billion (Q1 2026), -$225.0 million (Q4 2025), and $1.3 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn -70.73 Mn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 1.36 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 486.00 Mn
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 1.46 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn -160.00 Mn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 772.00 Mn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 70.00 Mn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 879.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn -2.42 Bn
10 Energy Transfer - - 6.62 Bn 1.46 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.46 Bn
Mar 31, 2026 1.46 Bn
Dec 31, 2025 -225.00 Mn
Dec 31, 2025 -225.00 Mn
Sep 30, 2025 1.28 Bn
Sep 30, 2025 1.28 Bn
Jun 30, 2025 1.10 Bn
Jun 30, 2025 1.10 Bn
Mar 31, 2025 1.69 Bn
Mar 31, 2025 1.69 Bn
Dec 31, 2024 1.12 Bn
Dec 31, 2024 1.12 Bn
Sep 30, 2024 1.79 Bn
Sep 30, 2024 1.79 Bn
Jun 30, 2024 1.46 Bn
Jun 30, 2024 1.46 Bn
Mar 31, 2024 2.98 Bn
Mar 31, 2024 2.98 Bn
Dec 31, 2023 592.00 Mn
Dec 31, 2023 592.00 Mn