Energy Transfer (ET) Interest Coverage Ratio (2009 - 2026)
Energy Transfer (ET) posted Interest Coverage Ratio of 3.15 for Q1 2026, up 38.08% on a QoQ basis from 2.28 in Q4 2025, and up 2.3% year-over-year from 3.08 in Q1 2025.
Energy Transfer (ET) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Energy Transfer (ET) has reported Interest Coverage Ratio for 18 consecutive years, with 3.15 the latest figure, recorded in Q1 2026.
- Interest Coverage Ratio for Q1 2026 came in at 3.15, up 2.3% year-over-year; the trailing twelve-month figure through Mar 2026 was 2.64 (down 8.65% YoY), and the FY2025 annual result was 2.6, down 11.14% from the prior year.
- Interest Coverage Ratio was 3.15 for Q1 2026 at Energy Transfer, up from 2.28 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 87.9 in Q1 2022 and troughed at 2.28 in Q4 2025.
- A 5-year average of 8.01 and a median of 3.08 in 2025 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio surged 1172.45% — and 2023, when it plunged 96.21%.
- Year by year, Interest Coverage Ratio stood at 3.05 in 2022, then climbed by 3.45% to 3.16 in 2023, then slipped by 10.52% to 2.82 in 2024, then fell by 19.22% to 2.28 in 2025, then jumped by 38.08% to 3.15 in 2026.
- Per Business Quant, the three latest ET Interest Coverage Ratio figures stand at 3.15 (Q1 2026), 2.28 (Q4 2025), and 2.42 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 2.64 |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | - |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 4.92 |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 3.15 |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | - |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 4.17 |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 3.25 |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 1.99 |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 2.59 |
| 10 | Plains All American Pipeline | 15.72 Bn | 15.54 Bn | 977.00 Mn | 2.43 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 87.90 |
| Dec 31, 2021 | 3.05 |
| Sep 30, 2021 | 2.58 |
| Jun 30, 2021 | 2.82 |