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

Energy Transfer's Free Cash Flow history runs 17 years deep, the most recent figure standing at $1.5 billion for Q1 2026.

• Quarterly Free Cash Flow fell 13.64% year-over-year to $1.5 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.6 billion (down 40.33% YoY) and the FY2025 annual result came in at $3.8 billion, down 47.62% from the prior year.
• Free Cash Flow was $1.5 billion for Q1 2026 at Energy Transfer, up from -$225.0 million 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.
• A 5-year average of $1.5 billion and a median of $1.6 billion in 2022 frame the typical range for Free Cash Flow.
• Annual changes were most pronounced in 2024 — Free Cash Flow jumped 88.85% — and 2025, when it tumbled 120.13%.
• Energy Transfer's 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 jumped by 749.78% to $1.5 billion in 2026.
• Business Quant data shows ET's Free Cash Flow at $1.5 billion in Q1 2026, -$225.0 million in Q4 2025, and $1.3 billion in Q3 2025.