Energy Transfer (ET) Other Working Capital Changes (2010 - 2026)
Energy Transfer's (ET) quarterly Other Working Capital Changes came in at -$216.0 million in Q1 2026, down 277.05% YoY from $122.0 million in Q1 2025, and down 114.47% on a QoQ basis from $1.5 billion in Q4 2025.
Energy Transfer (ET) Other Working Capital Changes (2010 - 2026) Analysis & Trends
Energy Transfer (ET) has 17 years of Other Working Capital Changes data on file, last reported at -$216.0 million in Q1 2026.
- Quarterly Other Working Capital Changes fell 277.05% year-over-year to -$216.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.6 billion (up 37.53% YoY) and the FY2025 annual result came in at $2.0 billion, up 908.16% from the prior year.
- Other Working Capital Changes retreated to -$216.0 million in Q1 2026, from $1.5 billion in the prior quarter.
- In the past five years, Other Working Capital Changes ranged from a high of $1.6 billion in Q4 2023 to a low of -$873.0 million in Q1 2024.
- A 5-year average of $229.9 million and a median of $186.0 million in 2025 frame the typical range for Other Working Capital Changes.
- Annual changes were most pronounced in 2023 — Other Working Capital Changes tumbled 350.31% — and 2024, when it jumped 626.74%.
- Tracing ET's Other Working Capital Changes over 5 years: stood at $1.3 billion in 2022, then increased by 26.59% to $1.6 billion in 2023, then sank by 76.36% to $386.0 million in 2024, then jumped by 286.79% to $1.5 billion in 2025, then slumped by 114.47% to -$216.0 million in 2026.
- The last three Other Working Capital Changes figures came in at -$216.0 million (Q1 2026), $1.5 billion (Q4 2025), and $186.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn |
| 2 | Enbridge | 111.13 Bn | 109.64 Bn | 5.23 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - |
| 4 | Energy Transfer | 72.53 Bn | 71.50 Bn | 7.40 Bn |
| 5 | Tc Energy | 66.12 Bn | 58.56 Bn | 1.24 Bn |
| 6 | Mplx | 60.19 Bn | 59.16 Bn | 2.73 Bn |
| 7 | Oneok | 60.00 Bn | 59.84 Bn | 2.81 Bn |
| 8 | Targa Resources | 59.13 Bn | 59.00 Bn | 2.14 Bn |
| 9 | Cheniere Energy | 56.04 Bn | 54.79 Bn | 5.29 Bn |
| 10 | Venture Global | 34.44 Bn | 31.22 Bn | 2.92 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -12.00 Mn |
| Jun 30, 2026 | -12.00 Mn |
| Jun 30, 2026 | -12.00 Mn |
| Mar 31, 2026 | -216.00 Mn |
| Mar 31, 2026 | -216.00 Mn |
| Mar 31, 2026 | -216.00 Mn |
| Dec 31, 2025 | 1.49 Bn |
| Dec 31, 2025 | 1.49 Bn |
| Dec 31, 2025 | 1.49 Bn |
| Sep 30, 2025 | 186.00 Mn |
| Sep 30, 2025 | 186.00 Mn |
| Sep 30, 2025 | 186.00 Mn |
| Jun 30, 2025 | 175.00 Mn |
| Jun 30, 2025 | 175.00 Mn |
| Jun 30, 2025 | 175.00 Mn |
| Mar 31, 2025 | 122.00 Mn |
| Mar 31, 2025 | 122.00 Mn |
| Mar 31, 2025 | 122.00 Mn |
| Dec 31, 2024 | 386.00 Mn |
| Dec 31, 2024 | 386.00 Mn |