Energy Transfer (ET) Payout Ratio (2011 - 2026)
Energy Transfer's Payout Ratio was 0.95 in Q2 2026, down 8.9% from 1.04 a year earlier and down 18.2% from the prior quarter.
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Analysis
Energy Transfer (ET) Payout Ratio (2011 - 2026) Analysis & Trends
For FY2025, Payout Ratio at Energy Transfer came in at 1.13, up 7.6% from FY2024.
- In earlier years, Payout Ratio was 1.05 in FY2024 (-14.1%), 1.22 in FY2023 (+74.0%), 0.70 in FY2022 (+92.0%) and 0.37 in FY2021.
- The Q2 2026 figure marks the lowest quarterly Payout Ratio since Q1 2023.
- Compared with a year earlier, Payout Ratio was higher in three of the last eight quarters, with an average decline of 4.6%.
- The best year-over-year quarter for Payout Ratio over five years was Q4 2022 (growth of 92.0%); the worst was Q3 2024 (a decline of 18.8%).
- Per Business Quant data, ET's Payout Ratio in the three quarters before Q2 2026 was 1.16 (Q1 2026), 1.13 (Q4 2025) and 1.09 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn |
| 10 | Venture Global | 32.11 Bn | 26.66 Bn | 2.92 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.95 |
| Mar 31, 2026 | 1.16 |
| Dec 31, 2025 | 1.13 |
| Sep 30, 2025 | 1.09 |
| Jun 30, 2025 | 1.04 |
| Mar 31, 2025 | 1.01 |
| Dec 31, 2024 | 1.05 |
| Sep 30, 2024 | 0.99 |
| Jun 30, 2024 | 1.14 |
| Mar 31, 2024 | 1.23 |
| Dec 31, 2023 | 1.22 |
| Sep 30, 2023 | 1.22 |
| Jun 30, 2023 | 1.01 |
| Mar 31, 2023 | 0.82 |
| Dec 31, 2022 | 0.70 |
| Sep 30, 2022 | 0.64 |
| Jun 30, 2022 | 0.63 |
| Mar 31, 2022 | 0.69 |
| Dec 31, 2021 | 0.37 |
| Sep 30, 2021 | 0.37 |
API Access
Energy Transfer Payout Ratio 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=payout-ratio&ticker=ET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payout-ratio", "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=payout-ratio&ticker=ET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();