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
DateValue
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