Energy Transfer (ET) Enterprise Value (2009 - 2026)
Energy Transfer's Enterprise Value was $65.07 billion in Q2 2026, up 4.4% from $62.32 billion a year earlier but down 1.0% from the prior quarter.
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Analysis
Energy Transfer (ET) Enterprise Value (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Energy Transfer's Enterprise Value was $59.27 billion through Jun 30, 2026, down 3.2% year-over-year; for FY2025, it was $55.71 billion, down 28.4% from FY2024.
- Enterprise Value shows a five-year compound annual growth rate of 13.8% (FY2020 to FY2025).
- In earlier years, Enterprise Value was $77.8 billion in FY2024 (+45.2%), $53.57 billion in FY2023 (+21.4%), $44.11 billion in FY2022 (+33.3%) and $33.08 billion in FY2021 (+13.3%).
- Quarterly Enterprise Value has moved between $26.39 billion (Q3 2021) and $77.8 billion (Q4 2024) over five years.
- Compared with a year earlier, Enterprise Value was higher in seven of the last eight quarters, with growth averaging 11.1%.
- The best year-over-year quarter for Enterprise Value over five years was Q3 2021 (growth of 74.8%); the worst was Q4 2025 (a decline of 28.4%).
- Per Business Quant data, ET's Enterprise Value in the three quarters before Q2 2026 was $65.72 billion (Q1 2026), $55.71 billion (Q4 2025) and $57.14 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn |
| 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 |
| 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
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 65.07 Bn |
| Mar 31, 2026 | 65.72 Bn |
| Dec 31, 2025 | 55.71 Bn |
| Sep 30, 2025 | 57.14 Bn |
| Jun 30, 2025 | 62.32 Bn |
| Mar 31, 2025 | 63.76 Bn |
| Dec 31, 2024 | 77.80 Bn |
| Sep 30, 2024 | 55.07 Bn |
| Jun 30, 2024 | 55.28 Bn |
| Mar 31, 2024 | 51.74 Bn |
| Dec 31, 2023 | 53.57 Bn |
| Sep 30, 2023 | 44.11 Bn |
| Jun 30, 2023 | 40.08 Bn |
| Mar 31, 2023 | 38.78 Bn |
| Dec 31, 2022 | 44.11 Bn |
| Sep 30, 2022 | 34.23 Bn |
| Jun 30, 2022 | 30.95 Bn |
| Mar 31, 2022 | 33.91 Bn |
| Dec 31, 2021 | 33.08 Bn |
| Sep 30, 2021 | 26.39 Bn |
API Access
Energy Transfer Enterprise Value 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=enterprise-value&ticker=ET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=ET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();