Energy Transfer (ET) Dividend Coverage Ratio (2010 - 2026)
Energy Transfer's (ET) Dividend Coverage Ratio stood at 1.63 in Q2 2026, up 82.8% from 0.89 a year earlier and up 59.8% from the prior quarter.
Energy Transfer (ET) Dividend Coverage Ratio (2010 - 2026) Analysis & Trends
On a TTM basis, Energy Transfer's Dividend Coverage Ratio came in at 1.06 as of Jun 30, 2026, up 9.7% year-over-year; for FY2025, it came in at 0.88, down 7.1% from FY2024.
- Across earlier years, Dividend Coverage Ratio came in at 0.95 in FY2024 (+16.4%), 0.82 in FY2023 (-42.5%), 1.42 in FY2022 (-47.9%) and 2.73 in FY2021.
- The Q2 2026 figure is the highest quarterly Dividend Coverage Ratio since Q2 2022.
- On a year-over-year basis, Dividend Coverage Ratio rose in three of the last eight quarters, with growth averaging 18.8%.
- Peak year-over-year performance for Dividend Coverage Ratio in the last five years was growth of 123.8% in Q3 2024, against a decline of 76.4% in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 1.02 (Q1 2026), 0.71 (Q4 2025) and 0.83 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 0.66 |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 1.55 |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 1.63 |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 1.30 |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | - |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | - |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 1.00 |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | - |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | - |
| 10 | Venture Global | 32.11 Bn | 26.66 Bn | 2.92 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.63 |
| Mar 31, 2026 | 1.02 |
| Dec 31, 2025 | 0.71 |
| Sep 30, 2025 | 0.83 |
| Jun 30, 2025 | 0.89 |
| Mar 31, 2025 | 1.11 |
| Dec 31, 2024 | 0.85 |
| Sep 30, 2024 | 1.01 |
| Jun 30, 2024 | 0.98 |
| Mar 31, 2024 | 0.97 |
| Dec 31, 2023 | 1.07 |
| Sep 30, 2023 | 0.45 |
| Jun 30, 2023 | 0.73 |
| Mar 31, 2023 | 1.00 |
| Dec 31, 2022 | 1.13 |
| Sep 30, 2022 | 1.16 |
| Jun 30, 2022 | 1.66 |
| Mar 31, 2022 | 1.91 |
| Dec 31, 2021 | 1.59 |
| Sep 30, 2021 | 1.10 |
Energy Transfer Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=ET&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "ET", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=ET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();