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

Energy Transfer (ET) posted Debt Ratio of 0.47 for Q1 2026, down 2.79% on a QoQ basis from 0.48 in Q4 2025, and down 0.57% year-over-year from 0.47 in Q1 2025.

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

Energy Transfer's Debt Ratio history runs 18 years deep, the most recent figure standing at 0.47 for Q1 2026.

  • Quarterly Debt Ratio fell 0.57% year-over-year to 0.47 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.47 (down 0.57% YoY) and the FY2025 annual result came in at 0.48, up 1.51% from the prior year.
  • Debt Ratio was 0.47 for Q1 2026 at Energy Transfer, down from 0.48 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.49 in Q2 2023 and bottomed at 0.45 in Q3 2023.
  • A 5-year average of 0.47 and a median of 0.47 in 2026 frame the typical range for Debt Ratio.
  • Annual changes were most pronounced in 2022 — Debt Ratio dropped 6.99% — and 2023, when it advanced 9.71%.
  • Energy Transfer's Debt Ratio stood at 0.46 in 2022, then rose by 2.8% to 0.47 in 2023, then grew by 1.49% to 0.48 in 2024, then increased by 1.51% to 0.48 in 2025, then retreated by 2.79% to 0.47 in 2026.
  • Business Quant data shows ET's Debt Ratio at 0.47 in Q1 2026, 0.48 in Q4 2025, and 0.49 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 0.06
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn 0.70
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 0.44
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 0.47
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 0.42
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 0.39
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 0.47
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 0.70
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 0.49
10 Mplx 58.39 Bn 56.89 Bn 1.95 Bn 0.60

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 0.46
Dec 31, 2023 0.47
Sep 30, 2023 0.45
Jun 30, 2023 0.49
Mar 31, 2023 0.45
Dec 31, 2022 0.46
Sep 30, 2022 0.45
Jun 30, 2022 0.45
Mar 31, 2022 0.46
Dec 31, 2021 0.48
Sep 30, 2021 0.48
Jun 30, 2021 0.48