Energy Transfer (ET) EV to CFO (2010 - 2026)
Energy Transfer's EV to CFO was 5.37 in Q2 2026, down 4.0% from 5.59 a year earlier and down 13.3% from the prior quarter.
Energy Transfer (ET) EV to CFO (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Energy Transfer's EV to CFO was 4.89 through Jun 30, 2026, down 11.0% year-over-year; for FY2025, it was 5.49, down 18.8% from FY2024.
- In earlier years, EV to CFO was 6.76 in FY2024 (+20.6%), 5.61 in FY2023 (+15.0%), 4.87 in FY2022 (+64.4%) and 2.96 in FY2021 (-25.3%).
- Quarterly EV to CFO has moved between 2.33 (Q3 2021) and 6.76 (Q4 2024) over five years.
- Compared with a year earlier, EV to CFO was higher in four of the last eight quarters, with growth averaging 3.8%.
- The best year-over-year quarter for EV to CFO over five years was Q1 2022 (growth of 104.3%); the worst was Q4 2021 (a decline of 25.3%).
- Per Business Quant data, ET's EV to CFO in the three quarters before Q2 2026 was 6.19 (Q1 2026), 5.49 (Q4 2025) and 5.27 (Q3 2025).
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
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.37 |
| Mar 31, 2026 | 6.19 |
| Dec 31, 2025 | 5.49 |
| Sep 30, 2025 | 5.27 |
| Jun 30, 2025 | 5.59 |
| Mar 31, 2025 | 5.99 |
| Dec 31, 2024 | 6.76 |
| Sep 30, 2024 | 5.39 |
| Jun 30, 2024 | 5.69 |
| Mar 31, 2024 | 5.19 |
| Dec 31, 2023 | 5.61 |
| Sep 30, 2023 | 4.60 |
| Jun 30, 2023 | 3.92 |
| Mar 31, 2023 | 3.87 |
| Dec 31, 2022 | 4.87 |
| Sep 30, 2022 | 3.62 |
| Jun 30, 2022 | 3.55 |
| Mar 31, 2022 | 4.05 |
| Dec 31, 2021 | 2.96 |
| Sep 30, 2021 | 2.33 |
Energy Transfer EV to CFO 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=ev-to-cfo&ticker=ET&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=ET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();