Energy Transfer (ET) FCF Payout Ratio (2010 - 2026)
Energy Transfer (ET) posted FCF Payout Ratio of 0.8 for Q1 2026, up 105.26% on a QoQ basis from 15.18 in Q4 2025, and up 19.38% year-over-year from 0.67 in Q1 2025.
Energy Transfer (ET) FCF Payout Ratio (2010 - 2026) Analysis & Trends
Energy Transfer's FCF Payout Ratio history runs 17 years deep, the most recent figure standing at 0.8 for Q1 2026.
- Quarterly FCF Payout Ratio rose 19.38% year-over-year to 0.8 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.32 (up 220.1% YoY) and the FY2025 annual result came in at 1.23, up 406.74% from the prior year.
- FCF Payout Ratio was 0.8 for Q1 2026 at Energy Transfer, up from 15.18 in the prior quarter.
- Across five years, FCF Payout Ratio topped out at 4.16 in Q4 2022 and bottomed at 15.18 in Q4 2025.
- A 5-year average of 0.52 and a median of 0.38 in 2022 frame the typical range for FCF Payout Ratio.
- Annual changes were most pronounced in 2022 — FCF Payout Ratio surged 677.05% — and 2025, when it slumped 926.54%.
- Energy Transfer's FCF Payout Ratio stood at 4.16 in 2022, then tumbled by 158.25% to 2.42 in 2023, then surged by 38.92% to 1.48 in 2024, then slumped by 926.54% to 15.18 in 2025, then jumped by 105.26% to 0.8 in 2026.
- Business Quant data shows ET's FCF Payout Ratio at 0.8 in Q1 2026, 15.18 in Q4 2025, and 0.82 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | -0.67 |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -3.19 |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 0.68 |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | -21.81 |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 0.05 |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | -0.27 |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 0.80 |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | -1.37 |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 9.63 |
| 10 | Mplx | 58.39 Bn | 56.89 Bn | 1.95 Bn | 0.01 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.80 |
| Dec 31, 2025 | -15.18 |
| Sep 30, 2025 | -0.82 |
| Jun 30, 2025 | 1.11 |
| Mar 31, 2025 | 0.67 |
| Dec 31, 2024 | -1.48 |
| Sep 30, 2024 | 1.41 |
| Jun 30, 2024 | 0.34 |
| Mar 31, 2024 | 0.14 |
| Dec 31, 2023 | -2.42 |
| Sep 30, 2023 | 0.62 |
| Jun 30, 2023 | 0.66 |
| Mar 31, 2023 | 0.40 |
| Dec 31, 2022 | 4.16 |
| Sep 30, 2022 | 0.22 |
| Jun 30, 2022 | 0.09 |
| Mar 31, 2022 | 0.38 |
| Dec 31, 2021 | 0.53 |
| Sep 30, 2021 | 0.29 |
| Jun 30, 2021 | 0.39 |