Energy Transfer (ET) FCF Payout Ratio (2010 - 2026)
Energy Transfer's (ET) quarterly FCF Payout Ratio came in at 0.46 in Q2 2026, down 58.59% on a YoY basis from 1.11 in Q2 2025, and down 42.62% quarter-over-quarter from 0.8 in Q1 2026.
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Analysis
Energy Transfer (ET) FCF Payout Ratio (2010 - 2026) Analysis & Trends
Energy Transfer (ET) has reported FCF Payout Ratio for 17 consecutive years, with 0.46 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, FCF Payout Ratio fell 58.59% year-over-year to 0.46; the trailing twelve-month figure through Jun 2026 stood at 0.92 (up 12.45% YoY), and the FY2025 full-year result was 1.23, up 95.11% from the prior year.
- FCF Payout Ratio fell to 0.46 in Q2 2026 per ET's latest filing, from 0.8 in the prior quarter.
- Across five years, FCF Payout Ratio topped out at 2.06 in Q4 2022 and bottomed at 5.43 in Q4 2025.
- Historically, FCF Payout Ratio has averaged 0.46 across 5 years, with a median of 0.64 in 2023.
- The sharpest annual moves came in 2022 and 2025: FCF Payout Ratio soared 312.52% in 2022, then slumped 609.83% in 2025.
- Over 5 years, FCF Payout Ratio stood at 2.06 in 2022, then decreased by 8.03% to 1.9 in 2023, then sank by 43.94% to 1.06 in 2024, then plunged by 609.83% to 5.43 in 2025, then jumped by 108.45% to 0.46 in 2026.
- According to Business Quant data, FCF Payout Ratio over the past three periods registered 0.46, 0.8, and 5.43 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 0.68 |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 0.59 |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 0.46 |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | -0.10 |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 0.63 |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 1.25 |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 0.47 |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 1.87 |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | -0.38 |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.46 |
| Mar 31, 2026 | 0.80 |
| Dec 31, 2025 | -5.43 |
| Sep 30, 2025 | 0.90 |
| Jun 30, 2025 | 1.11 |
| Mar 31, 2025 | 0.67 |
| Dec 31, 2024 | 1.06 |
| Sep 30, 2024 | 0.62 |
| Jun 30, 2024 | 0.83 |
| Mar 31, 2024 | 0.38 |
| Dec 31, 2023 | 1.90 |
| Sep 30, 2023 | 0.62 |
| Jun 30, 2023 | 0.66 |
| Mar 31, 2023 | 0.40 |
| Dec 31, 2022 | 2.06 |
| Sep 30, 2022 | 0.40 |
| Jun 30, 2022 | 0.45 |
| Mar 31, 2022 | 0.38 |
| Dec 31, 2021 | 0.53 |
| Sep 30, 2021 | 0.29 |