Energy Transfer ET
NYSE ET
$21.50 +0.07 (+0.33%)
At close: Sep 4, 2026 · 4:00 PM EDT

Energy Transfer (ET) Free Cash Flow (2010 - 2026)

Energy Transfer's (ET) quarterly Free Cash Flow came in at $2.7 billion in Q2 2026, up 145.42% on a YoY basis from $1.1 billion in Q2 2025, and up 85.16% quarter-over-quarter from $1.5 billion in Q1 2026.

Analysis

Energy Transfer (ET) Free Cash Flow (2010 - 2026) Analysis & Trends

Energy Transfer (ET) has reported Free Cash Flow for 17 consecutive years, with $2.7 billion the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Free Cash Flow rose 145.42% year-over-year to $2.7 billion; the trailing twelve-month figure through Jun 2026 stood at $5.2 billion (down 8.47% YoY), and the FY2025 full-year result was $3.8 billion, down 47.62% from the prior year.
  • Free Cash Flow rose to $2.7 billion in Q2 2026 per ET's latest filing, from $1.5 billion in the prior quarter.
  • Across five years, Free Cash Flow topped out at $3.0 billion in Q1 2024 and bottomed at -$225.0 million in Q4 2025.
  • Historically, Free Cash Flow has averaged $1.5 billion across 5 years, with a median of $1.6 billion in 2022.
  • The sharpest annual moves came in 2025 and 2026: Free Cash Flow sank 120.13% in 2025, then surged 145.42% in 2026.
  • Over 5 years, Free Cash Flow stood at $450.0 million in 2022, then surged by 31.56% to $592.0 million in 2023, then soared by 88.85% to $1.1 billion in 2024, then tumbled by 120.13% to -$225.0 million in 2025, then soared by 1303.11% to $2.7 billion in 2026.
  • According to Business Quant data, Free Cash Flow over the past three periods registered $2.7 billion, $1.5 billion, and -$225.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Kinder Morgan 111.69 Bn 112.81 Bn 3.07 Bn 978.00 Mn
2 Enterprise Products Partners 84.07 Bn 83.21 Bn - 2.02 Bn
3 Energy Transfer 74.03 Bn 73.00 Bn 7.40 Bn 2.71 Bn
4 Tc Energy 65.16 Bn 64.62 Bn 1.80 Bn 2.66 Bn
5 Targa Resources 62.18 Bn 62.19 Bn 2.14 Bn 431.20 Mn
6 Mplx 60.51 Bn 59.48 Bn 2.73 Bn 877.00 Mn
7 Oneok 60.16 Bn 60.09 Bn 2.81 Bn 1.44 Bn
8 Enbridge 54.38 Bn 54.88 Bn 5.23 Bn 821.24 Mn
9 Pembina Pipeline 28.12 Bn 27.76 Bn 933.00 Mn 1.12 Bn
10 Gas Transporter Of The South 21.92 Bn -3,019.13 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 2.71 Bn
Mar 31, 2026 1.46 Bn
Dec 31, 2025 -225.00 Mn
Sep 30, 2025 1.28 Bn
Jun 30, 2025 1.10 Bn
Mar 31, 2025 1.69 Bn
Dec 31, 2024 1.12 Bn
Sep 30, 2024 1.79 Bn
Jun 30, 2024 1.46 Bn
Mar 31, 2024 2.98 Bn
Dec 31, 2023 592.00 Mn
Sep 30, 2023 1.67 Bn
Jun 30, 2023 1.66 Bn
Mar 31, 2023 2.50 Bn
Dec 31, 2022 450.00 Mn
Sep 30, 2022 1.95 Bn
Jun 30, 2022 1.65 Bn
Mar 31, 2022 1.62 Bn
Dec 31, 2021 963.00 Mn
Sep 30, 2021 1.65 Bn