Energy Transfer (ET) Non Operating Interest Expenses (2009 - 2026)
Energy Transfer (ET) recorded Non Operating Interest Expenses of $944 million in Q3 2026, up 6.1% from $890 million a year earlier and up 1.1% from the prior quarter.
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Analysis
Energy Transfer (ET) Non Operating Interest Expenses (2009 - 2026) Analysis & Trends
On a TTM basis, Energy Transfer's Non Operating Interest Expenses came in at $3.74 billion as of Sep 30, 2026, up 10.8% year-over-year; for FY2025, it came in at $3.47 billion, up 11.2% from FY2024.
- Annual Non Operating Interest Expenses has increased for four straight years, with a five-year compound annual growth rate of 8.3% (FY2020 to FY2025).
- Across earlier years, Non Operating Interest Expenses came in at $3.13 billion in FY2024 (+21.2%), $2.58 billion in FY2023 (+11.8%), $2.31 billion in FY2022 (+1.7%) and $2.27 billion in FY2021 (-2.6%).
- Quarterly Non Operating Interest Expenses has ranged from $554 million in Q4 2021 to $947 million in Q1 2026 over the past five years.
- On a year-over-year basis, Non Operating Interest Expenses has increased for 18 consecutive quarters, with growth averaging 11.7% over the last eight quarters.
- Peak year-over-year performance for Non Operating Interest Expenses in the last five years was growth of 31.0% in Q3 2024, against a decline of 5.1% in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $934 million (Q2 2026), $947 million (Q1 2026) and $910 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 749.34 Mn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 385.00 Mn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 385.00 Mn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | - |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | 630.76 Mn |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 944.00 Mn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | - |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 285.00 Mn |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 300.00 Mn |
| 10 | Oneok | 56.58 Bn | 65.12 Bn | 2.84 Bn | 415.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 944.00 Mn |
| Jun 30, 2026 | 934.00 Mn |
| Mar 31, 2026 | 947.00 Mn |
| Dec 31, 2025 | 910.00 Mn |
| Sep 30, 2025 | 890.00 Mn |
| Jun 30, 2025 | 865.00 Mn |
| Mar 31, 2025 | 809.00 Mn |
| Dec 31, 2024 | 807.00 Mn |
| Sep 30, 2024 | 828.00 Mn |
| Jun 30, 2024 | 762.00 Mn |
| Mar 31, 2024 | 728.00 Mn |
| Dec 31, 2023 | 686.00 Mn |
| Sep 30, 2023 | 632.00 Mn |
| Jun 30, 2023 | 641.00 Mn |
| Mar 31, 2023 | 619.00 Mn |
| Dec 31, 2022 | 592.00 Mn |
| Sep 30, 2022 | 577.00 Mn |
| Jun 30, 2022 | 578.00 Mn |
| Mar 31, 2022 | 559.00 Mn |
| Dec 31, 2021 | 554.00 Mn |
API Access
Energy Transfer Non Operating Interest Expenses 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-operating-interest-expenses&ticker=ET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "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-operating-interest-expenses&ticker=ET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();