stockrowEnergy Transfer LP
Energy Transfer LP’s revenue for fiscal 2025 (year ended December 2025) was $85.5 billion, up 3.47% from fiscal 2024.
- Revenue
- +85.9%
- EPS
- +17.9%
- Free cash flow
- +215.5%
- Total debt
- +9.11%
Quarter to September 2026, against a year earlier
Follow ET
Alert me
Energy Transfer LP (ET) Debt to equity
Energy Transfer LP's debt to equity at the end of the quarter to 30 September 2026 was 1.4×, down 0.0× from fiscal 2025 (1.4×). Over the past ten years it has ranged from 1.2× (fiscal 2022) to 2.0× (fiscal 2016); the current reading is higher than 45% of that period. That is above the Oil & Gas Midstream industry median of 0.8× and above the Energy sector median of 0.4×.
Debt to equity, annual
Embed this chart
Annual newest first
| Period | Debt to equity | Change |
|---|---|---|
| FY2025 | 1.4× | 7.36% |
| FY2024 | 1.3× | 8.92% |
| FY2023 | 1.2× | 0.45% |
| FY2022 | 1.2× | (6.03%) |
| FY2021 | 1.3× | (22.92%) |
| FY2020 | 1.6× | 8.94% |
| FY2019 | 1.5× | 0.82% |
| FY2018 | 1.5× | 1.47% |
| FY2017 | 1.5× | (25.13%) |
| FY2016 | 2.0× | 25.36% |
Quarterly newest first
| Period | Debt to equity | Change |
|---|---|---|
| Sep 2026 | 1.4× | 2.42% |
| Jun 2026 | 1.4× | (2.88%) |
| Mar 2026 | 1.4× | (0.01%) |
| Dec 2025 | 1.4× | 0.19% |
| 43 more quarters | Free account |
Against its own ten years
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| OKE ONEOK, Inc. compare | 0.9× |
| KMI Kinder Morgan, Inc. compare | 1.0× |
| EPD Enterprise Products Partners L.P. compare | 1.1× |
| ET Energy Transfer LP | 1.4× |
| WMB Williams Companies, Inc. (The) compare | 1.6× |
| TRP TC Energy Corporation compare | 1.7× |
| MPLX MPLX LP compare | 1.9× |
| LNG Cheniere Energy, Inc. compare | 2.0× |
| TRGP Targa Resources, Inc. compare | 5.0× |
| Oil & Gas Midstream industry median | 0.8× |
| Energy sector median | 0.4× |
| Market median | 0.1× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
More on ET
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Beneish M-score
- The full statement