Energy Transfer (ET) Total Debt (2009 - 2026)
Energy Transfer (ET) reported Total Debt of $68.41 billion for Q2 2026, up 12.6% from $60.76 billion a year earlier but down 1.3% from the prior quarter.
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Analysis
Energy Transfer (ET) Total Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Energy Transfer posted Total Debt of $68.33 billion, up 14.3% from FY2024.
- Total Debt has increased for three consecutive years, with a five-year compound annual growth rate of 5.8% (FY2020 to FY2025).
- By year, Total Debt came in at $59.76 billion in FY2024 (+14.1%), $52.39 billion in FY2023 (+8.5%), $48.26 billion in FY2022 (-2.9%) and $49.7 billion in FY2021 (-3.4%).
- Five-year quarterly Total Debt spans a low of $45.47 billion in Q3 2021 and a high of $69.34 billion in Q1 2026.
- Year over year, Total Debt has now increased in each of the last 13 quarters, with growth averaging 13.0% over the last eight quarters.
- The high point for year-over-year Total Debt in five years was Q3 2024 (growth of 23.2%); the low point was Q3 2021 (a decline of 11.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $69.34 billion (Q1 2026), $68.33 billion (Q4 2025) and $63.1 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.29 Bn | 97.89 Bn | 4.84 Bn | 78.92 Bn |
| 2 | Enterprise Products Partners | 79.85 Bn | 78.21 Bn | - | 33.44 Bn |
| 3 | Williams Companies | 79.33 Bn | 76.36 Bn | 2.59 Bn | 6.62 Bn |
| 4 | Kinder Morgan | 66.78 Bn | 65.63 Bn | 2.97 Bn | 33.07 Bn |
| 5 | Energy Transfer | 65.10 Bn | 60.93 Bn | 6.57 Bn | 68.85 Bn |
| 6 | Tc Energy | 64.42 Bn | 61.18 Bn | - | 42.16 Bn |
| 7 | Cheniere Energy | 58.11 Bn | 52.26 Bn | 2.97 Bn | 23.93 Bn |
| 8 | Targa Resources | 56.77 Bn | 56.23 Bn | 2.02 Bn | 19.84 Bn |
| 9 | Mplx | 56.70 Bn | 50.73 Bn | 3.19 Bn | 27.01 Bn |
| 10 | Oneok | 53.74 Bn | 53.15 Bn | 2.84 Bn | 28.52 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 68.85 Bn |
| Jun 30, 2026 | 68.41 Bn |
| Mar 31, 2026 | 69.34 Bn |
| Dec 31, 2025 | 68.33 Bn |
| Sep 30, 2025 | 63.10 Bn |
| Jun 30, 2025 | 60.76 Bn |
| Mar 31, 2025 | 59.79 Bn |
| Dec 31, 2024 | 59.76 Bn |
| Sep 30, 2024 | 59.26 Bn |
| Jun 30, 2024 | 57.62 Bn |
| Mar 31, 2024 | 53.48 Bn |
| Dec 31, 2023 | 52.39 Bn |
| Sep 30, 2023 | 48.08 Bn |
| Jun 30, 2023 | 48.13 Bn |
| Mar 31, 2023 | 47.23 Bn |
| Dec 31, 2022 | 48.26 Bn |
| Sep 30, 2022 | 47.42 Bn |
| Jun 30, 2022 | 48.11 Bn |
| Mar 31, 2022 | 49.48 Bn |
| Dec 31, 2021 | 49.70 Bn |
API Access
Energy Transfer Total Debt 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=total-debt&ticker=ET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=ET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();