Energy Transfer (ET) Interest Coverage Ratio (2009 - 2026)
Energy Transfer's Interest Coverage Ratio was 3.83 in Q2 2026, up 43.4% from 2.67 a year earlier and up 21.5% from the prior quarter.
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Analysis
Energy Transfer (ET) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Energy Transfer's Interest Coverage Ratio was 2.93 through Jun 30, 2026, up 4.7% year-over-year; for FY2025, it was 2.60, down 11.1% from FY2024.
- Interest Coverage Ratio has now declined for four consecutive years.
- In earlier years, Interest Coverage Ratio was 2.92 in FY2024 (-9.1%), 3.22 in FY2023 (-4.1%), 3.36 in FY2022 (-13.5%) and 3.88 in FY2021 (+202.8%).
- The Q2 2026 figure marks the highest quarterly Interest Coverage Ratio since Q1 2021.
- Compared with a year earlier, Interest Coverage Ratio was higher in two of the last eight quarters, with an average decline of 4.4%.
- The best year-over-year quarter for Interest Coverage Ratio over five years was Q3 2021 (growth of 500.5%); the worst was Q1 2022 (a decline of 52.2%).
- Per Business Quant data, ET's Interest Coverage Ratio in the three quarters before Q2 2026 was 3.15 (Q1 2026), 2.28 (Q4 2025) and 2.42 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 103.53 Bn | 99.13 Bn | 4.84 Bn | 2.09 |
| 2 | Williams Companies | 82.50 Bn | 79.53 Bn | 2.59 Bn | 2.95 |
| 3 | Enterprise Products Partners | 79.39 Bn | 77.75 Bn | - | 5.17 |
| 4 | Kinder Morgan | 68.14 Bn | 66.99 Bn | 2.97 Bn | - |
| 5 | Energy Transfer | 65.55 Bn | 61.38 Bn | 6.57 Bn | 2.95 |
| 6 | Tc Energy | 65.45 Bn | 62.21 Bn | - | 2.73 |
| 7 | Cheniere Energy | 59.68 Bn | 53.83 Bn | 2.97 Bn | 6.72 |
| 8 | Targa Resources | 58.63 Bn | 58.09 Bn | 2.02 Bn | - |
| 9 | Mplx | 57.55 Bn | 51.58 Bn | 3.19 Bn | 4.92 |
| 10 | Oneok | 54.31 Bn | 53.71 Bn | 2.84 Bn | 3.78 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.95 |
| Jun 30, 2026 | 3.83 |
| Mar 31, 2026 | 3.15 |
| Dec 31, 2025 | 2.28 |
| Sep 30, 2025 | 2.42 |
| Jun 30, 2025 | 2.67 |
| Mar 31, 2025 | 3.08 |
| Dec 31, 2024 | 2.82 |
| Sep 30, 2024 | 2.63 |
| Jun 30, 2024 | 3.02 |
| Mar 31, 2024 | 3.27 |
| Dec 31, 2023 | 3.16 |
| Sep 30, 2023 | 3.53 |
| Jun 30, 2023 | 2.86 |
| Mar 31, 2023 | 3.33 |
| Dec 31, 2022 | 3.05 |
| Sep 30, 2022 | 3.42 |
| Jun 30, 2022 | 3.66 |
| Mar 31, 2022 | 3.30 |
| Dec 31, 2021 | 3.05 |
API Access
Energy Transfer Interest Coverage 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=interest-coverage-ratio&ticker=ET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-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=interest-coverage-ratio&ticker=ET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();