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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 103.94 Bn | 99.54 Bn | 4.84 Bn |
| 2 | Williams Companies | 85.80 Bn | 84.52 Bn | 2.54 Bn |
| 3 | Enterprise Products Partners | 79.79 Bn | 78.18 Bn | - |
| 4 | Kinder Morgan | 74.59 Bn | 74.30 Bn | 3.07 Bn |
| 5 | Energy Transfer | 69.83 Bn | 63.01 Bn | 7.40 Bn |
| 6 | Tc Energy | 63.93 Bn | 60.01 Bn | 2.81 Bn |
| 7 | Targa Resources | 63.05 Bn | 62.53 Bn | 2.14 Bn |
| 8 | Cheniere Energy | 59.99 Bn | 54.82 Bn | 5.29 Bn |
| 9 | Mplx | 58.87 Bn | 52.43 Bn | 2.91 Bn |
| 10 | Oneok | 58.61 Bn | 57.00 Bn | 2.81 Bn |
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 |
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_KEY
import 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();