Energy Transfer (ET) Non-Current Debt (2009 - 2026)
Energy Transfer's (ET) quarterly Non-Current Debt came in at $68.4 billion in Q2 2026, up 12.59% on a YoY basis from $60.8 billion in Q2 2025, and down 1.34% quarter-over-quarter from $69.3 billion in Q1 2026.
Analysis
Energy Transfer (ET) Non-Current Debt (2009 - 2026) Analysis & Trends
Energy Transfer (ET) has reported Non-Current Debt for 18 consecutive years, with $68.4 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Non-Current Debt rose 12.59% year-over-year to $68.4 billion; the trailing twelve-month figure through Jun 2026 stood at $68.4 billion (up 12.59% YoY), and the FY2025 full-year result was $68.3 billion, up 14.34% from the prior year.
- Non-Current Debt retreated to $68.4 billion in Q2 2026 per ET's latest filing, from $69.3 billion in the prior quarter.
- Across five years, Non-Current Debt topped out at $69.3 billion in Q1 2026 and bottomed at $47.2 billion in Q1 2023.
- Historically, Non-Current Debt has averaged $56.1 billion across 5 years, with a median of $55.6 billion in 2024.
- The sharpest annual moves came in 2023 and 2024: Non-Current Debt declined 5.39% in 2023, then grew 23.25% in 2024.
- Over 5 years, Non-Current Debt stood at $48.3 billion in 2022, then climbed by 8.55% to $52.4 billion in 2023, then grew by 14.07% to $59.8 billion in 2024, then gained by 14.34% to $68.3 billion in 2025, then climbed by 0.12% to $68.4 billion in 2026.
- According to Business Quant data, Non-Current Debt over the past three periods registered $68.4 billion, $69.3 billion, and $68.3 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 29.81 Bn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 31.21 Bn |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 68.41 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 32.61 Bn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 19.02 Bn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 24.39 Bn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 31.50 Bn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 75.08 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | - |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 68.41 Bn |
| Mar 31, 2026 | 69.34 Bn |
| Dec 31, 2025 | 68.33 Bn |
| Sep 30, 2025 | 63.10 Bn |
| Jun 30, 2025 | 60.76 Bn |
| Mar 31, 2025 | 59.79 Bn |
| Dec 31, 2024 | 59.76 Bn |
| Sep 30, 2024 | 59.26 Bn |
| Jun 30, 2024 | 57.62 Bn |
| Mar 31, 2024 | 53.48 Bn |
| Dec 31, 2023 | 52.39 Bn |
| Sep 30, 2023 | 48.08 Bn |
| Jun 30, 2023 | 48.13 Bn |
| Mar 31, 2023 | 47.23 Bn |
| Dec 31, 2022 | 48.26 Bn |
| Sep 30, 2022 | 47.42 Bn |
| Jun 30, 2022 | 48.65 Bn |
| Mar 31, 2022 | 49.92 Bn |
| Dec 31, 2021 | 49.70 Bn |
| Sep 30, 2021 | 45.47 Bn |