Energy Transfer (ET) Non-Current Debt (2009 - 2026)
Energy Transfer's Non-Current Debt was $68.39 billion in Q2 2026, up 12.6% from $60.75 billion a year earlier but down 1.3% from the prior quarter.
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Analysis
Energy Transfer (ET) Non-Current Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Non-Current Debt at Energy Transfer came in at $68.31 billion, up 14.3% from FY2024.
- Non-Current Debt has now increased for three consecutive years, with a five-year compound annual growth rate of 5.8% (FY2020 to FY2025).
- In earlier years, Non-Current Debt was $59.75 billion in FY2024 (+16.3%), $51.38 billion in FY2023 (+6.5%), $48.26 billion in FY2022 (-1.6%) and $49.02 billion in FY2021 (-4.7%).
- Quarterly Non-Current Debt has moved between $44.67 billion (Q2 2023) and $69.32 billion (Q1 2026) over five years.
- Compared with a year earlier, Non-Current Debt has increased for 11 straight quarters, with growth averaging 14.0% over the last eight quarters.
- The best year-over-year quarter for Non-Current Debt over five years was Q2 2024 (growth of 28.4%); the worst was Q3 2021 (a decline of 12.9%).
- Per Business Quant data, ET's Non-Current Debt in the three quarters before Q2 2026 was $69.32 billion (Q1 2026), $68.31 billion (Q4 2025) and $63.1 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 75.08 Bn |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 31.21 Bn |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 68.39 Bn |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 29.81 Bn |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | 32.61 Bn |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | 19.02 Bn |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 24.39 Bn |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 30.77 Bn |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 22.63 Bn |
| 10 | Venture Global | 32.11 Bn | 26.66 Bn | 2.92 Bn | 41.53 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 68.39 Bn |
| Mar 31, 2026 | 69.32 Bn |
| Dec 31, 2025 | 68.31 Bn |
| Sep 30, 2025 | 63.10 Bn |
| Jun 30, 2025 | 60.75 Bn |
| Mar 31, 2025 | 59.78 Bn |
| Dec 31, 2024 | 59.75 Bn |
| Sep 30, 2024 | 59.00 Bn |
| Jun 30, 2024 | 57.36 Bn |
| Mar 31, 2024 | 52.30 Bn |
| Dec 31, 2023 | 51.38 Bn |
| Sep 30, 2023 | 47.08 Bn |
| Jun 30, 2023 | 44.67 Bn |
| Mar 31, 2023 | 47.23 Bn |
| Dec 31, 2022 | 48.26 Bn |
| Sep 30, 2022 | 47.41 Bn |
| Jun 30, 2022 | 48.10 Bn |
| Mar 31, 2022 | 48.83 Bn |
| Dec 31, 2021 | 49.02 Bn |
| Sep 30, 2021 | 44.79 Bn |
API Access
Energy Transfer Non-Current Debt 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=non-current-debt&ticker=ET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=ET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();