Energy Transfer ET
NYSE ET
$21.50 +0.07 (+0.33%)
At close: Sep 4, 2026 · 4:00 PM EDT

Energy Transfer (ET) Payout Ratio (2010 - 2026)

Energy Transfer's (ET) quarterly Payout Ratio came in at 0.61 in Q2 2026, down 45.29% on a YoY basis from 1.12 in Q2 2025, and down 37.41% quarter-over-quarter from 0.98 in Q1 2026.

Analysis

Energy Transfer (ET) Payout Ratio (2010 - 2026) Analysis & Trends

Energy Transfer (ET) has reported Payout Ratio for 17 consecutive years, with 0.61 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Payout Ratio fell 45.29% year-over-year to 0.61; the trailing twelve-month figure through Jun 2026 stood at 0.95 (down 8.88% YoY), and the FY2025 full-year result was 1.13, up 7.62% from the prior year.
  • Payout Ratio fell to 0.61 in Q2 2026 per ET's latest filing, from 0.98 in the prior quarter.
  • Across five years, Payout Ratio topped out at 2.21 in Q3 2023 and bottomed at 0.52 in Q1 2022.
  • Historically, Payout Ratio has averaged 1.05 across 5 years, with a median of 0.99 in 2023.
  • The sharpest annual moves came in 2022 and 2024: Payout Ratio jumped 323.36% in 2022, then slumped 55.32% in 2024.
  • Over 5 years, Payout Ratio stood at 0.89 in 2022, then increased by 5.5% to 0.93 in 2023, then gained by 26.35% to 1.18 in 2024, then climbed by 19.15% to 1.41 in 2025, then plunged by 56.48% to 0.61 in 2026.
  • According to Business Quant data, Payout Ratio over the past three periods registered 0.61, 0.98, and 1.41 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Kinder Morgan 111.69 Bn 112.81 Bn 3.07 Bn
2 Enterprise Products Partners 84.07 Bn 83.21 Bn -
3 Energy Transfer 74.03 Bn 73.00 Bn 7.40 Bn
4 Tc Energy 65.16 Bn 64.62 Bn 1.80 Bn
5 Targa Resources 62.18 Bn 62.19 Bn 2.14 Bn
6 Mplx 60.51 Bn 59.48 Bn 2.73 Bn
7 Oneok 60.16 Bn 60.09 Bn 2.81 Bn
8 Enbridge 54.38 Bn 54.88 Bn 5.23 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

Historic Data

Download Data
DateValue
Jun 30, 2026 0.61
Mar 31, 2026 0.98
Dec 31, 2025 1.41
Sep 30, 2025 1.20
Jun 30, 2025 1.12
Mar 31, 2025 0.90
Dec 31, 2024 1.18
Sep 30, 2024 0.99
Jun 30, 2024 1.02
Mar 31, 2024 1.04
Dec 31, 2023 0.93
Sep 30, 2023 2.21
Jun 30, 2023 1.37
Mar 31, 2023 1.00
Dec 31, 2022 0.89
Sep 30, 2022 0.86
Jun 30, 2022 0.60
Mar 31, 2022 0.52
Dec 31, 2021 0.63
Sep 30, 2021 0.91