Energy Transfer (ET) Times Interest Earned (2009 - 2026)
Energy Transfer's Times Interest Earned came in at 2.95 for Q3 2026, up 21.9% from 2.42 a year earlier but down 23.0% 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 Sep 30, 2026, Energy Transfer reported Times Interest Earned of 3.06, up 11.6% 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 five-year range for quarterly Times Interest Earned is 2.28 (Q4 2025) to 3.83 (Q2 2026).
- Year-over-year, Times Interest Earned has increased for three consecutive quarters, with growth averaging 1.5% over the last eight quarters.
- The fastest year-over-year change in Times Interest Earned over five years came in Q2 2026 (growth of 43.4%), and the weakest in Q1 2022 (a decline of 52.2%).
- Business Quant data shows ET's Times Interest Earned at 3.83 (Q2 2026), 3.15 (Q1 2026) and 2.28 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 2.04 |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 2.95 |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 5.17 |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | - |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | 2.73 |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 2.95 |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | - |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 6.72 |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 4.92 |
| 10 | Oneok | 56.58 Bn | 65.12 Bn | 2.84 Bn | 3.78 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.95 |
| 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 |
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();