Energy Transfer (ET) Times Interest Earned (2009 - 2026)
Energy Transfer's Times Interest Earned came in at 3.83 for Q2 2026, up 43.4% from 2.67 a year earlier and up 21.5% from the prior quarter.
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Analysis
Energy Transfer (ET) Times Interest Earned (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Energy Transfer reported Times Interest Earned of 2.93, up 4.7% year-over-year; for FY2025, it was 2.60, down 11.1% from FY2024.
- Times Interest Earned has declined in each of the last four years.
- Going back by year, Times Interest Earned was 2.92 in FY2024 (-9.1%), 3.22 in FY2023 (-4.1%), 3.36 in FY2022 (-13.5%) and 3.88 in FY2021 (+202.8%).
- The Q2 2026 figure represents the highest quarterly Times Interest Earned since Q1 2021.
- Year-over-year, Times Interest Earned increased in two of the last eight quarters, with an average decline of 4.4%.
- The fastest year-over-year change in Times Interest Earned over five years came in Q3 2021 (growth of 500.5%), and the weakest in Q1 2022 (a decline of 52.2%).
- Business Quant data shows ET's Times Interest Earned at 3.15 (Q1 2026), 2.28 (Q4 2025) and 2.42 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn | 2.09 |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - | 5.86 |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn | 3.83 |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn | - |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn | 6.23 |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn | - |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn | 4.77 |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn | 14.95 |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn | 3.67 |
| 10 | Venture Global | 31.49 Bn | 26.04 Bn | 2.92 Bn | 4.47 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.83 |
| Mar 31, 2026 | 3.15 |
| Dec 31, 2025 | 2.28 |
| Sep 30, 2025 | 2.42 |
| Jun 30, 2025 | 2.67 |
| Mar 31, 2025 | 3.08 |
| Dec 31, 2024 | 2.82 |
| Sep 30, 2024 | 2.63 |
| Jun 30, 2024 | 3.02 |
| Mar 31, 2024 | 3.27 |
| Dec 31, 2023 | 3.16 |
| Sep 30, 2023 | 3.53 |
| Jun 30, 2023 | 2.86 |
| Mar 31, 2023 | 3.33 |
| Dec 31, 2022 | 3.05 |
| Sep 30, 2022 | 3.42 |
| Jun 30, 2022 | 3.66 |
| Mar 31, 2022 | 3.30 |
| Dec 31, 2021 | 3.05 |
| Sep 30, 2021 | 2.58 |
API Access
Energy Transfer Times Interest Earned 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=times-interest-earned&ticker=ET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "times-interest-earned", "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=times-interest-earned&ticker=ET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();