Energy Transfer (ET) FCF Payout Ratio (2011 - 2026)
Energy Transfer's (ET) FCF Payout Ratio came in at 0.46 for Q2 2026, down 58.6% from 1.11 a year earlier and down 42.6% from the prior quarter.
Energy Transfer (ET) FCF Payout Ratio (2011 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, FCF Payout Ratio at Energy Transfer was 0.92, up 12.5% year-over-year; for FY2025, it came in at 1.23, up 95.1% from FY2024.
- In prior years, Energy Transfer's FCF Payout Ratio was 0.63 in FY2024 (-4.8%), 0.66 in FY2023 (+23.1%), 0.54 in FY2022 (+136.1%) and 0.23 in FY2021 (-81.9%).
- The Q2 2026 figure stands as the lowest quarterly FCF Payout Ratio since Q1 2024.
- On a year-over-year basis, FCF Payout Ratio increased in four of the last seven quarters, with growth averaging 10.6%.
- The strongest year-over-year quarter for FCF Payout Ratio in the past five years was Q1 2022, with growth of 312.5%; the weakest was Q2 2026, with a decline of 58.6%.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.46 Bn | 104.34 Bn | 4.35 Bn | - |
| 2 | Williams Companies | 84.36 Bn | 87.15 Bn | 2.59 Bn | - |
| 3 | Enterprise Products Partners | 80.12 Bn | 78.52 Bn | 14.00 Mn | 1.07 |
| 4 | Kinder Morgan | 69.50 Bn | 69.59 Bn | 2.97 Bn | 1.22 |
| 5 | Energy Transfer | 66.92 Bn | 63.02 Bn | 6.57 Bn | 0.56 |
| 6 | Tc Energy | 66.06 Bn | 69.71 Bn | - | 0.31 |
| 7 | Targa Resources | 60.35 Bn | 59.56 Bn | 2.02 Bn | 2.24 |
| 8 | Cheniere Energy | 59.93 Bn | 59.50 Bn | 2.97 Bn | - |
| 9 | Mplx | 57.44 Bn | 51.69 Bn | 3.19 Bn | 1.60 |
| 10 | Oneok | 55.08 Bn | 63.62 Bn | 2.84 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.56 |
| Jun 30, 2026 | 0.46 |
| Mar 31, 2026 | 0.80 |
| 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 |
Energy Transfer FCF Payout Ratio 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=fcf-payout-ratio&ticker=ET&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "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=fcf-payout-ratio&ticker=ET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();