Free Trial

Energy Transfer (ET) Financials

Energy Transfer logo
$17.70 -0.06 (-0.31%)
As of 10:56 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.
Annual Income Statements for Energy Transfer

Annual Income Statements for Energy Transfer

This table shows Energy Transfer's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Income / (Loss) Attributable to Common Shareholders
4,398 3,472 4,334 5,179 -648 3,518 1,749 954 995 1,189
Consolidated Net Income / (Loss)
6,565 5,294 5,868 6,687 140 4,825 3,420 2,366 0.00 1,061
Net Income / (Loss) Continuing Operations
6,565 5,294 5,868 6,402 140 59,038 3,685 2,543 462 1,023
Total Pre-Tax Income
7,106 5,597 6,072 6,871 377 59,233 3,689 710 204 900
Total Operating Income
9,138 8,295 7,738 8,792 2,980 7,203 5,403 2,721 1,851 2,287
Total Gross Profit
20,696 18,045 17,644 17,022 13,467 68,625 12,484 9,557 8,099 7,428
Total Revenue
82,671 78,586 89,876 67,417 38,954 108,426 54,087 40,523 31,792 36,096
Operating Revenue
82,671 78,586 89,876 67,417 38,954 108,426 54,087 40,523 31,792 31,505
Total Cost of Revenue
61,975 60,541 72,232 50,395 25,487 39,801 41,603 30,966 23,693 28,668
Operating Cost of Revenue
61,975 60,541 72,232 50,395 25,487 39,801 41,603 30,966 23,693 28,668
Total Operating Expenses
10,972 10,377 9,906 8,230 10,487 7,209 7,081 6,836 6,248 5,141
Selling, General & Admin Expense
6,341 5,353 5,356 4,392 3,929 3,988 3,791 3,243 2,992 2,851
Depreciation Expense
5,165 4,385 4,164 3,817 3,678 3,147 2,859 2,554 2,216 1,951
Impairment Charge
52 12 386 21 2,880 74 431 1,039 1,040 339
Other Special Charges / (Income)
-586 627 0.00 0.00 - - - - - -
Total Other Income / (Expense), net
-2,618 -2,071 -1,666 -2,206 -2,603 -2,183 -1,714 -2,011 -1,647 -1,387
Interest Expense
3,137 2,576 2,306 2,590 2,402 2,349 2,167 2,011 1,804 1,665
Interest & Investment Income
379 383 257 246 -10 302 344 -169 -38 276
Other Income / (Expense), net
140 122 383 138 -191 -136 109 169 195 2.00
Income Tax Expense
541 303 204 184 237 195 4.00 -1,833 -258 -123
Preferred Stock Dividends Declared
54 0.00 0.00 - - 0.00 - - - -
Net Income / (Loss) Attributable to Noncontrolling Interest
1,751 1,359 1,112 1,217 788 1,307 1,671 1,412 -995 -128
Other Adjustments to Net Income / (Loss) Attributable to Common Shareholders)
362 463 422 - - - - - - -
Basic Earnings per Share
$1.29 $1.10 $1.40 $1.89 - - $1.20 $0.85 $0.94 $1.11
Weighted Average Basic Shares Outstanding
3.43B 3.37B 3.09B 3.08B 2.70B 2.69B 1.21 1.15B 1.08B 1.06B
Diluted Earnings per Share
$1.28 $1.09 $1.40 $1.89 - - $2.39 $0.83 $0.92 $1.11
Weighted Average Diluted Shares Outstanding
3.43B 3.37B 3.09B 3.08B 2.70B 2.69B 1.46B 1.15B 1.08B 1.06B
Weighted Average Basic & Diluted Shares Outstanding
3.43B 3.37B 3.09B 3.08B 2.70B 2.69B 1.46B 1.15B 1.08B 1.06B
Cash Dividends to Common per Share
$1.29 $1.25 $1.00 $0.63 $0.92 $1.22 $1.22 $1.17 $1.14 -

Quarterly Income Statements for Energy Transfer

This table shows Energy Transfer's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders
1,010 1,115 1,182 1,091 1,204 466 797 1,005 4,907 1,006
Consolidated Net Income / (Loss)
1,447 1,434 1,992 1,692 1,567 1,047 1,233 1,447 1,437 1,322
Net Income / (Loss) Continuing Operations
1,447 1,434 1,992 1,692 1,567 1,047 1,233 1,447 5,625 1,322
Total Pre-Tax Income
1,583 1,523 2,219 1,781 1,614 1,124 1,341 1,518 5,670 1,404
Total Operating Income
2,279 2,181 2,298 2,380 2,165 2,233 1,835 2,062 1,806 1,973
Total Gross Profit
5,384 5,160 5,120 5,032 4,752 4,680 4,228 4,385 8,791 4,423
Total Revenue
19,541 20,772 20,729 21,629 20,532 20,739 18,320 18,995 40,992 22,939
Operating Revenue
19,541 20,772 20,729 21,629 20,532 20,739 18,320 18,995 - 22,939
Total Cost of Revenue
14,157 15,612 15,609 16,597 15,780 16,059 14,092 14,610 32,201 18,516
Operating Cost of Revenue
14,157 15,612 15,609 16,597 15,780 16,059 14,092 14,610 - 18,516
Total Operating Expenses
3,117 2,979 2,224 2,652 2,589 3,072 2,393 2,323 2,932 2,450
Selling, General & Admin Expense
1,729 1,655 1,559 1,398 1,429 1,339 1,322 1,263 1,572 1,334
Depreciation Expense
1,374 1,324 1,213 1,254 1,158 1,107 1,061 1,059 1,060 1,030
Impairment Charge
2.00 0.00 50 0.00 - 1.00 10 1.00 - 86
Total Other Income / (Expense), net
-684 -658 -677 -599 -549 -484 -494 -544 -189 -569
Interest Expense
808 828 768 733 684 632 641 619 592 577
Interest & Investment Income
94 102 85 98 97 103 95 88 71 68
Other Income / (Expense), net
30 68 6.00 36 38 45 52 -13 - -60
Income Tax Expense
136 89 227 89 47 77 108 71 45 82
Preferred Stock Dividends Declared
-129 0.00 33 150 -109 0.00 0.00 109 - -
Net Income / (Loss) Attributable to Noncontrolling Interest
370 251 678 452 240 463 322 334 295 316
Other Adjustments to Net Income / (Loss) Attributable to Common Shareholders)
196 68 99 -1.00 232 118 114 -1.00 - -
Basic Earnings per Share
$0.29 $0.33 $0.35 $0.32 $0.38 $0.15 $0.25 $0.32 $0.33 $0.29
Weighted Average Basic Shares Outstanding
3.43B 3.42B 3.42B 3.37B 3.37B 3.15B 3.14B 3.10B 3.09B 3.09B
Diluted Earnings per Share
$0.29 $0.32 $0.35 $0.32 $0.37 $0.15 $0.25 $0.32 $0.35 $0.29
Weighted Average Diluted Shares Outstanding
3.43B 3.42B 3.42B 3.37B 3.37B 3.15B 3.14B 3.10B 3.09B 3.09B
Weighted Average Basic & Diluted Shares Outstanding
3.43B 3.42B 3.42B 3.37B 3.37B 3.15B 3.14B 3.10B 3.09B 3.09B

Annual Cash Flow Statements for Energy Transfer

This table details how cash moves in and out of Energy Transfer's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Change in Cash & Equivalents
151 -96 -79 -31 76 -128 83 -131 -118 -254
Net Cash From Operating Activities
11,506 9,555 9,051 11,162 7,361 8,056 7,506 4,429 3,322 2,979
Net Cash From Continuing Operating Activities
11,506 9,555 9,051 11,162 7,361 8,056 7,506 4,429 3,322 2,979
Net Income / (Loss) Continuing Operations
6,565 5,294 5,868 6,687 140 4,825 3,685 2,543 462 1,023
Consolidated Net Income / (Loss)
6,565 5,294 5,868 6,687 140 4,825 3,420 2,366 0.00 1,061
Depreciation Expense
5,165 4,385 4,164 3,817 3,678 3,147 2,859 2,554 2,216 1,951
Non-Cash Adjustments To Reconcile Net Income
-304 124 334 2.00 3,286 258 735 1,395 1,000 659
Changes in Operating Assets and Liabilities, net
80 -248 -1,315 656 257 -174 227 -2,063 -356 -633
Net Cash From Investing Activities
-5,904 -4,325 -4,022 -2,775 -4,898 -6,934 -7,075 -5,046 -8,982 -9,735
Net Cash From Continuing Investing Activities
-5,904 -4,325 -4,022 -2,775 -4,898 -6,934 -7,075 -5,606 -6,846 -9,735
Purchase of Property, Plant & Equipment
-4,164 -3,134 -3,381 -2,822 -5,130 -5,960 -7,407 -8,444 -7,771 -9,073
Acquisitions
-2,732 -1,329 -1,141 -205 0.00 -794 -429 -583 -1,398 -906
Purchase of Investments
-206 -6.00 0.00 -4.00 -38 - - - - -
Divestitures
1,038 38 380 45 19 54 548 3,526 35 14
Sale and/or Maturity of Investments
75 63 62 167 187 -425 69 135 135 -
Other Investing Activities, net
85 43 58 44 64 191 144 -240 17 230
Net Cash From Financing Activities
-5,451 -5,326 -5,108 -8,418 -2,387 -1,250 -3,082 953 5,927 6,785
Net Cash From Continuing Financing Activities
-5,451 -5,326 -5,108 -8,418 -2,387 -1,250 -3,082 953 5,927 6,785
Repayment of Debt
-30,305 -31,461 -29,708 -27,332 -24,192 -20,232 -29,285 -31,654 -19,131 -19,911
Repurchase of Preferred Equity
-3,466 0.00 0.00 - - - - -53 0.00 -
Payment of Dividends
-6,468 -5,998 -4,643 -3,208 -4,280 -4,356 -4,176 -2,757 -3,552 -2,584
Issuance of Debt
34,150 32,130 28,838 21,264 24,505 22,583 29,001 31,614 26,051 26,455
Issuance of Common Equity
638 3.00 405 - - - - 568 0.00 0.00

Quarterly Cash Flow Statements for Energy Transfer

This table details how cash moves in and out of Energy Transfer's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents
13 -351 -1,296 1,785 -353 184 - 73 -69 -27
Net Cash From Operating Activities
2,590 2,874 2,270 3,772 1,296 2,373 2,536 3,350 1,338 2,989
Net Cash From Continuing Operating Activities
2,590 2,874 2,270 3,772 1,296 2,373 2,536 3,350 1,338 2,989
Net Income / (Loss) Continuing Operations
1,447 1,434 1,992 1,692 1,567 1,047 1,233 1,447 1,437 1,322
Consolidated Net Income / (Loss)
1,447 1,434 1,992 1,692 1,567 1,047 1,233 1,447 1,437 1,322
Depreciation Expense
1,374 1,324 1,213 1,254 1,158 1,107 1,061 1,059 1,060 1,030
Non-Cash Adjustments To Reconcile Net Income
44 236 -470 -114 188 -129 75 -10 102 67
Changes in Operating Assets and Liabilities, net
-275 -120 -465 940 -1,617 348 167 854 -1,261 570
Net Cash From Investing Activities
-1,469 -3,284 45 -1,196 -964 -670 -1,888 -803 -945 -1,123
Net Cash From Continuing Investing Activities
-1,469 -3,284 45 -1,196 -964 -670 -1,888 -803 -945 -1,123
Purchase of Property, Plant & Equipment
-1,472 -1,086 -811 -795 -704 -701 -876 -853 -888 -1,035
Acquisitions
-46 -2,198 -39 -449 -288 - -1,041 0.00 -79 -473
Divestitures
21 - - - 38 - - - 78 -
Sale and/or Maturity of Investments
15 -18 55 23 18 18 -3.00 30 -4.00 20
Other Investing Activities, net
227 13 -178 23 9.00 5.00 13 16 8.00 15
Net Cash From Financing Activities
-1,108 59 -3,611 -791 -685 -1,519 -648 -2,474 -462 -1,893
Net Cash From Continuing Financing Activities
-1,108 59 -3,611 -791 -685 -1,519 -648 -2,474 -462 -1,893
Repayment of Debt
-7,069 -4,764 -11,406 -7,066 -8,356 -7,549 -6,951 -8,605 -8,590 -8,290
Payment of Dividends
-1,607 -1,575 -1,715 -1,571 -1,547 -1,470 -1,527 -1,454 -1,311 -1,212
Issuance of Debt
7,567 6,398 12,044 8,141 9,218 7,500 7,830 7,582 9,438 7,602
Issuance of Common Equity
1.00 - - 637 - - - 3.00 1.00 7.00

Annual Balance Sheets for Energy Transfer

This table presents Energy Transfer's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Total Assets
125,380 113,698 105,643 105,963 95,144 98,973 88,246 86,246 78,925 71,189
Total Current Assets
14,202 12,433 12,081 10,537 6,317 7,464 6,750 10,683 6,899 5,410
Cash & Equivalents
312 161 257 336 367 291 419 336 467 606
Short-Term Investments
9.00 66 10 10 9.00 23 111 24 21 46
Accounts Receivable
10,278 9,148 8,559 7,708 3,954 5,197 4,120 4,557 3,604 2,519
Inventories, net
3,070 2,478 2,461 2,014 1,739 1,532 1,677 2,022 2,055 1,636
Current Deferred & Refundable Income Taxes
56 67 68 32 35 146 73 136 128 -
Other Current Assets
477 513 726 437 213 275 350 295 447 603
Plant, Property, & Equipment, net
95,212 85,351 80,311 81,607 75,107 74,193 66,963 61,088 53,578 48,683
Plant, Property & Equipment, gross
129,242 114,932 105,996 103,991 94,115 89,790 79,776 71,177 61,562 54,979
Accumulated Depreciation
34,030 29,581 25,685 22,384 19,008 15,597 12,813 10,089 7,984 6,296
Total Noncurrent Assets
15,966 15,914 13,251 13,819 13,720 17,316 14,533 14,475 18,448 17,096
Long-Term Investments
3,266 3,097 2,893 2,947 3,060 3,460 2,642 2,705 3,040 3,462
Goodwill
3,903 4,019 2,566 2,533 2,391 5,167 4,885 4,768 5,670 7,473
Intangible Assets
5,971 6,239 5,415 5,856 5,746 6,154 6,000 6,116 5,512 5,431
Other Noncurrent Operating Assets
2,826 2,559 2,377 2,483 2,523 2,535 1,006 886 815 730
Total Liabilities & Shareholders' Equity
125,380 113,698 105,643 105,963 95,144 98,973 88,246 86,246 78,925 71,189
Total Liabilities
78,946 68,981 64,491 65,835 62,994 65,035 56,897 56,266 56,461 47,558
Total Current Liabilities
12,656 11,277 10,368 10,835 5,923 7,724 9,310 7,897 7,277 4,910
Short-Term Debt
8.00 1,008 2.00 680 21 26 2,655 413 1,194 131
Accounts Payable
8,325 6,684 6,952 6,834 2,836 4,149 3,552 4,716 3,544 2,302
Other Current Liabilities
4,323 3,585 3,397 3,321 3,066 3,549 3,103 2,693 2,539 2,477
Total Noncurrent Liabilities
66,290 57,704 54,123 55,000 57,071 57,311 47,587 48,369 49,184 42,648
Long-Term Debt
59,752 51,380 48,260 49,022 51,417 51,028 43,373 43,671 42,858 36,837
Noncurrent Deferred & Payable Income Tax Liabilities
4,190 3,931 3,701 3,648 3,428 3,208 2,926 3,315 5,112 4,590
Other Noncurrent Operating Liabilities
2,348 2,393 2,162 2,330 2,226 3,075 1,288 1,383 1,166 1,221
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest
417 778 493 783 762 - 499 - 33 33
Total Equity & Noncontrolling Interests
46,017 43,939 40,659 39,345 31,388 33,938 30,850 29,980 22,431 23,598
Total Preferred & Common Equity
35,118 36,682 33,025 31,300 18,529 21,920 20,559 -1,196 -1,694 -932
Total Common Equity
35,118 36,682 33,025 31,300 18,529 21,920 20,559 -1,196 -1,694 -932
Common Stock
35,045 36,654 33,009 31,277 18,523 21,931 20,601 -1,196 -1,694 -932
Accumulated Other Comprehensive Income / (Loss)
73 28 16 23 6.00 -11 -42 0.00 - -
Noncontrolling Interest
10,899 7,257 7,634 8,045 12,859 12,018 10,291 31,176 24,125 24,530

Quarterly Balance Sheets for Energy Transfer

This table presents Energy Transfer's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023 9/30/2022
Total Assets
124,429 121,339 115,789 107,571 105,132 104,521 105,735
Total Current Assets
13,336 13,406 15,018 13,423 10,598 11,370 12,159
Cash & Equivalents
299 650 1,946 514 330 330 326
Accounts Receivable
9,976 9,647 9,762 9,713 7,383 8,377 8,679
Inventories, net
2,502 2,624 2,267 2,590 2,271 2,047 2,490
Current Deferred & Refundable Income Taxes
58 33 58 84 82 64 65
Other Current Assets
501 452 474 522 532 552 599
Plant, Property, & Equipment, net
95,012 91,888 85,172 80,873 81,149 80,004 80,261
Plant, Property & Equipment, gross
127,804 123,481 115,631 109,411 108,718 106,643 105,040
Accumulated Depreciation
32,792 31,593 30,459 28,538 27,569 26,639 24,779
Total Noncurrent Assets
16,081 16,045 15,599 13,275 13,385 13,147 13,315
Long-Term Investments
3,268 3,236 3,093 2,993 3,007 2,861 2,869
Goodwill
3,910 3,910 3,887 2,564 2,564 2,566 2,553
Intangible Assets
6,102 6,202 6,111 5,204 5,301 5,322 5,505
Other Noncurrent Operating Assets
2,801 2,697 2,508 2,514 2,513 2,398 2,388
Total Liabilities & Shareholders' Equity
124,429 121,339 115,789 107,571 105,132 104,521 105,735
Total Liabilities
77,831 75,450 71,323 66,512 63,675 63,358 64,674
Total Current Liabilities
12,371 11,709 12,719 12,755 13,013 10,162 11,243
Short-Term Debt
263 257 1,181 1,006 3,459 2.00 2.00
Accounts Payable
7,327 7,467 7,535 7,997 6,179 6,943 7,523
Other Current Liabilities
4,726 3,974 3,844 3,745 3,375 3,217 3,718
Total Noncurrent Liabilities
65,460 63,741 58,604 53,757 50,662 53,196 53,431
Long-Term Debt
58,995 57,359 52,295 47,075 44,672 47,229 47,413
Noncurrent Deferred & Payable Income Tax Liabilities
4,110 4,001 4,009 3,891 3,839 3,759 3,661
Other Noncurrent Operating Liabilities
2,355 2,381 2,300 2,791 2,151 2,208 2,357
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest
418 417 673 498 495 494 493
Total Equity & Noncontrolling Interests
46,180 45,472 43,793 40,561 40,962 40,669 40,568
Total Preferred & Common Equity
35,240 34,312 35,933 33,124 33,551 33,148 32,831
Total Common Equity
35,240 34,312 35,933 33,124 33,551 33,148 32,831
Common Stock
35,198 34,264 35,892 33,095 33,527 33,135 32,799
Accumulated Other Comprehensive Income / (Loss)
42 48 41 29 24 13 32
Noncontrolling Interest
10,940 11,160 7,860 7,437 7,411 7,521 7,737

Annual Metrics And Ratios for Energy Transfer

This table displays calculated financial ratios and metrics derived from Energy Transfer's official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Growth Metrics
- - - - - - - - - -
Revenue Growth
5.20% -12.56% 33.31% 73.07% -64.07% 100.47% 33.47% 27.46% -11.92% -35.19%
EBITDA Growth
12.82% 4.21% -3.62% 97.11% -36.68% 22.02% 53.77% 27.73% 1.02% 6.14%
EBIT Growth
10.23% 3.64% -9.06% 220.19% -60.53% 28.21% 90.73% 41.25% -10.62% -0.56%
NOPAT Growth
7.60% 4.92% -12.60% 673.21% -84.59% 33.02% -44.62% 132.49% 61.26% 40.69%
Net Income Growth
24.01% -9.78% -12.25% 4,676.43% -97.10% 41.08% 44.55% 0.00% -100.00% -5.61%
EPS Growth
17.43% -22.14% -25.93% 0.00% 0.00% 0.00% 187.95% -9.78% -17.12% 94.74%
Operating Cash Flow Growth
20.42% 5.57% -18.91% 51.64% -8.63% 7.33% 69.47% 33.32% 11.51% -6.17%
Free Cash Flow Firm Growth
-214.22% -95.66% 256.61% -0.05% 1,206.55% 115.88% -173.06% 16.58% 121.79% 51.08%
Invested Capital Growth
9.41% 8.71% -0.31% 7.97% -1.31% 9.45% 9.51% 13.98% 5.25% 17.08%
Revenue Q/Q Growth
-1.18% -20.66% 33.07% 14.67% -59.78% 100.54% 4.08% 6.50% 20.79% -21.65%
EBITDA Q/Q Growth
2.28% 4.74% 4.96% 2.48% -3.29% 4.96% 14.94% 8.68% 2.18% -1.63%
EBIT Q/Q Growth
1.16% 6.06% 6.56% 3.37% -11.96% 6.46% 22.57% 15.05% -5.06% -0.99%
NOPAT Q/Q Growth
-0.12% 2.05% 5.38% 6.24% -66.41% 7.25% -28.66% 275.25% -2.70% 21.06%
Net Income Q/Q Growth
-1.80% 2.52% 3.64% 6.33% -77.35% 9.14% -7.09% 495.97% -100.00% 13.23%
EPS Q/Q Growth
-5.88% 1.87% 0.00% 0.00% 0.00% 0.00% 106.03% -5.68% -8.91% 16.84%
Operating Cash Flow Q/Q Growth
12.67% -0.44% -4.24% -1.47% -2.44% -1.48% 18.88% -1.82% 8.78% 5.86%
Free Cash Flow Firm Q/Q Growth
95.35% -95.42% 1,318.08% -78.06% 2,234.94% -94.88% 3.30% 355.46% 165.66% -8.98%
Invested Capital Q/Q Growth
0.26% 9.51% 1.16% 11.59% 0.96% 6.60% 2.01% 5.72% -2.45% 3.15%
Profitability Metrics
- - - - - - - - - -
Gross Margin
25.03% 22.96% 19.63% 25.25% 34.57% 63.29% 23.08% 23.58% 25.48% 20.58%
EBITDA Margin
17.47% 16.29% 13.67% 18.91% 16.60% 9.42% 15.48% 13.43% 13.41% 11.69%
Operating Margin
11.05% 10.56% 8.61% 13.04% 7.65% 6.64% 9.99% 6.71% 5.82% 6.34%
EBIT Margin
11.22% 10.71% 9.04% 13.25% 7.16% 6.52% 10.19% 7.13% 6.44% 6.34%
Profit (Net Income) Margin
7.94% 6.74% 6.53% 9.92% 0.36% 4.45% 6.32% 5.84% 0.00% 2.94%
Tax Burden Percent
92.39% 94.59% 96.64% 97.32% 37.14% 8.15% 92.71% 333.24% 0.00% 117.89%
Interest Burden Percent
76.59% 66.50% 74.77% 76.94% 13.52% 838.16% 66.93% 24.57% 9.97% 39.32%
Effective Tax Rate
7.61% 5.41% 3.36% 2.68% 62.86% 0.33% 0.11% -258.17% -126.47% -13.67%
Return on Invested Capital (ROIC)
8.60% 8.72% 8.65% 10.27% 1.37% 9.24% 7.60% 15.32% 7.23% 4.96%
ROIC Less NNEP Spread (ROIC-NNEP)
5.03% 3.30% 5.14% 6.31% -0.66% 4.01% 2.70% -4.42% -4.77% -0.27%
Return on Net Nonoperating Assets (RNNOA)
5.81% 3.62% 5.78% 8.24% -0.95% 5.54% 3.55% -6.30% -7.23% -0.35%
Return on Equity (ROE)
14.40% 12.33% 14.44% 18.50% 0.42% 14.78% 11.15% 9.02% 0.00% 4.62%
Cash Return on Invested Capital (CROIC)
-0.39% 0.37% 8.96% 2.61% 2.69% 0.21% -1.47% 2.25% 2.12% -10.77%
Operating Return on Assets (OROA)
7.76% 7.67% 7.68% 8.88% 2.87% 7.55% 6.32% 3.50% 2.73% 3.38%
Return on Assets (ROA)
5.49% 4.83% 5.55% 6.65% 0.14% 5.15% 3.92% 2.86% 0.00% 1.57%
Return on Common Equity (ROCE)
11.35% 10.01% 11.43% 12.76% 0.26% 9.62% 3.52% -0.50% 0.00% -0.03%
Return on Equity Simple (ROE_SIMPLE)
18.69% 14.43% 17.77% 21.36% 0.76% 22.01% 16.64% -197.83% 0.00% -113.84%
Net Operating Profit after Tax (NOPAT)
8,442 7,846 7,478 8,557 1,107 7,179 5,397 9,746 4,192 2,600
NOPAT Margin
10.21% 9.98% 8.32% 12.69% 2.84% 6.62% 9.98% 24.05% 13.19% 7.20%
Net Nonoperating Expense Percent (NNEP)
3.57% 5.42% 3.52% 3.96% 2.03% 5.22% 4.90% 19.74% 12.00% 5.24%
Return On Investment Capital (ROIC_SIMPLE)
7.98% 8.15% 8.41% - - - - - - -
Cost of Revenue to Revenue
74.97% 77.04% 80.37% 74.75% 65.43% 36.71% 76.92% 76.42% 74.53% 79.42%
SG&A Expenses to Revenue
7.67% 6.81% 5.96% 6.51% 10.09% 3.68% 7.01% 8.00% 9.41% 7.90%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
13.27% 13.20% 11.02% 12.21% 26.92% 6.65% 13.09% 16.87% 19.65% 14.24%
Earnings before Interest and Taxes (EBIT)
9,278 8,417 8,121 8,930 2,789 7,067 5,512 2,890 2,046 2,289
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
14,443 12,802 12,285 12,747 6,467 10,214 8,371 5,444 4,262 4,219
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
1.88 1.15 0.92 0.67 0.69 1.06 0.58 0.00 0.00 0.00
Price to Tangible Book Value (P/TBV)
2.62 1.60 1.21 0.91 1.23 2.18 1.23 0.00 0.00 0.00
Price to Revenue (P/Rev)
0.80 0.54 0.34 0.31 0.33 0.21 0.22 0.28 0.35 0.20
Price to Earnings (P/E)
15.04 12.15 7.00 4.03 0.00 6.58 6.79 11.92 11.23 5.99
Dividend Yield
6.61% 9.86% 8.88% 9.00% 22.52% 14.18% 15.01% 11.64% 11.00% 11.74%
Earnings Yield
6.65% 8.23% 14.29% 24.79% 0.00% 15.20% 14.72% 8.39% 8.90% 16.70%
Enterprise Value to Invested Capital (EV/IC)
1.30 1.06 0.97 0.88 0.93 1.02 0.88 1.23 1.28 1.14
Enterprise Value to Revenue (EV/Rev)
1.62 1.26 0.93 1.13 1.91 0.76 1.21 2.06 2.39 1.79
Enterprise Value to EBITDA (EV/EBITDA)
9.25 7.76 6.80 5.97 11.51 8.07 7.83 15.35 17.80 15.30
Enterprise Value to EBIT (EV/EBIT)
14.40 11.80 10.29 8.53 26.69 11.67 11.89 28.92 37.08 28.19
Enterprise Value to NOPAT (EV/NOPAT)
15.83 12.66 11.17 8.90 67.26 11.48 12.14 8.57 18.10 24.83
Enterprise Value to Operating Cash Flow (EV/OCF)
11.61 10.39 9.23 6.82 10.11 10.23 8.73 18.87 22.84 21.66
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 295.56 10.79 35.06 34.26 495.82 0.00 58.32 61.73 0.00
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
1.29 1.17 1.17 1.24 1.60 1.50 1.47 1.47 1.96 1.56
Long-Term Debt to Equity
1.29 1.15 1.17 1.22 1.60 1.50 1.38 1.46 1.91 1.56
Financial Leverage
1.15 1.10 1.13 1.31 1.44 1.38 1.31 1.43 1.52 1.28
Leverage Ratio
2.62 2.55 2.60 2.78 2.94 2.87 2.85 3.15 3.26 2.95
Compound Leverage Factor
2.01 1.70 1.95 2.14 0.40 24.04 1.90 0.77 0.32 1.16
Debt to Total Capital
56.27% 53.95% 53.98% 55.33% 61.54% 60.07% 59.49% 59.52% 66.23% 61.00%
Short-Term Debt to Total Capital
0.01% 1.04% 0.00% 0.76% 0.03% 0.03% 3.43% 0.56% 1.80% 0.22%
Long-Term Debt to Total Capital
56.27% 52.91% 53.97% 54.57% 61.51% 60.04% 56.05% 58.96% 64.43% 60.79%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
10.66% 8.27% 9.09% 9.83% 16.30% 14.14% 13.94% 42.09% 36.32% 40.53%
Common Equity to Total Capital
33.07% 37.78% 36.93% 34.84% 22.17% 25.79% 26.57% -1.61% -2.55% -1.54%
Debt to EBITDA
4.14 4.09 3.93 3.90 7.95 5.00 5.50 8.10 10.34 8.76
Net Debt to EBITDA
3.89 3.83 3.67 3.64 7.42 4.63 5.12 7.53 9.51 7.79
Long-Term Debt to EBITDA
4.14 4.01 3.93 3.85 7.95 5.00 5.18 8.02 10.06 8.73
Debt to NOPAT
7.08 6.68 6.45 5.81 46.48 7.11 8.53 4.52 10.51 14.22
Net Debt to NOPAT
6.65 6.25 6.03 5.42 43.38 6.59 7.94 4.21 9.67 12.64
Long-Term Debt to NOPAT
7.08 6.55 6.45 5.73 46.46 7.11 8.04 4.48 10.22 14.17
Altman Z-Score
1.42 1.31 1.41 1.10 0.63 1.54 0.91 0.74 0.60 0.71
Noncontrolling Interest Sharing Ratio
21.23% 18.82% 20.86% 31.06% 38.80% 34.94% 68.43% 105.51% 105.70% 100.58%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
1.12 1.10 1.17 0.97 1.07 0.97 0.73 1.35 0.95 1.10
Quick Ratio
0.84 0.83 0.85 0.74 0.73 0.71 0.50 0.62 0.56 0.65
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-384 336 7,744 2,172 2,173 166 -1,047 1,433 1,229 -5,640
Operating Cash Flow to CapEx
276.32% 304.88% 267.70% 395.54% 143.49% 135.17% 101.34% 52.45% 42.75% 32.83%
Free Cash Flow to Firm to Interest Expense
-0.12 0.13 3.36 0.84 0.90 0.07 -0.48 0.71 0.68 -3.39
Operating Cash Flow to Interest Expense
3.67 3.71 3.93 4.31 3.06 3.43 3.46 2.20 1.84 1.79
Operating Cash Flow Less CapEx to Interest Expense
2.34 2.49 2.46 3.22 0.93 0.89 0.05 -2.00 -2.47 -3.66
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.69 0.72 0.85 0.67 0.40 1.16 0.62 0.49 0.42 0.53
Accounts Receivable Turnover
8.51 8.88 11.05 11.56 8.51 23.27 12.47 9.93 10.38 12.17
Inventory Turnover
22.34 24.52 32.28 26.86 15.58 24.81 22.49 15.19 12.84 18.48
Fixed Asset Turnover
0.92 0.95 1.11 0.86 0.52 1.54 0.84 0.71 0.62 0.81
Accounts Payable Turnover
8.26 8.88 10.48 10.42 7.30 10.34 10.06 7.50 8.11 10.11
Days Sales Outstanding (DSO)
42.88 41.12 33.03 31.57 42.87 15.68 29.28 36.75 35.15 29.99
Days Inventory Outstanding (DIO)
16.34 14.89 11.31 13.59 23.42 14.71 16.23 24.03 28.43 19.75
Days Payable Outstanding (DPO)
44.20 41.11 34.83 35.02 50.02 35.31 36.27 48.68 45.03 36.10
Cash Conversion Cycle (CCC)
15.02 14.90 9.51 10.14 16.28 -4.92 9.24 12.10 18.55 13.65
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
102,607 93,781 86,271 86,537 80,152 81,218 74,205 67,761 59,448 56,485
Invested Capital Turnover
0.84 0.87 1.04 0.81 0.48 1.40 0.76 0.64 0.55 0.69
Increase / (Decrease) in Invested Capital
8,826 7,510 -266 6,385 -1,066 7,013 6,444 8,313 2,963 8,240
Enterprise Value (EV)
133,634 99,291 83,548 76,128 74,433 82,448 65,525 83,567 75,861 64,536
Market Capitalization
66,145 42,192 30,319 20,891 12,810 23,150 11,879 11,372 11,179 7,119
Book Value per Share
$10.26 $11.66 $10.69 $11.57 $6.87 $8.34 $7.86 ($1.11) ($1.62) ($0.89)
Tangible Book Value per Share
$7.37 $8.40 $8.11 $8.47 $3.85 $4.03 $3.70 ($11.19) ($12.30) ($13.24)
Total Capital
106,194 97,105 89,414 89,830 83,588 84,992 77,377 74,064 66,516 60,599
Total Debt
59,760 52,388 48,262 49,702 51,438 51,054 46,028 44,084 44,052 36,968
Total Long-Term Debt
59,752 51,380 48,260 49,022 51,417 51,028 43,373 43,671 42,858 36,837
Net Debt
56,173 49,064 45,102 46,409 48,002 47,280 42,856 41,019 40,524 32,854
Capital Expenditures (CapEx)
4,164 3,134 3,381 2,822 5,130 5,960 7,407 8,444 7,771 9,073
Debt-free, Cash-free Net Working Capital (DFCFNWC)
1,233 1,937 1,448 36 39 -548 -435 2,839 328 -21
Debt-free Net Working Capital (DFNWC)
1,554 2,164 1,715 382 415 -234 95 3,199 816 631
Net Working Capital (NWC)
1,546 1,156 1,713 -298 394 -260 -2,560 2,786 -378 500
Net Nonoperating Expense (NNE)
1,877 2,552 1,610 1,870 967 2,354 1,977 7,380 4,192 1,539
Net Nonoperating Obligations (NNO)
56,173 49,064 45,119 46,409 48,002 47,280 42,856 37,781 36,984 32,854
Total Depreciation and Amortization (D&A)
5,165 4,385 4,164 3,817 3,678 3,147 2,859 2,554 2,216 1,930
Debt-free, Cash-free Net Working Capital to Revenue
1.49% 2.46% 1.61% 0.05% 0.10% -0.51% -0.80% 7.01% 1.03% -0.06%
Debt-free Net Working Capital to Revenue
1.88% 2.75% 1.91% 0.57% 1.07% -0.22% 0.18% 7.89% 2.57% 1.75%
Net Working Capital to Revenue
1.87% 1.47% 1.91% -0.44% 1.01% -0.24% -4.73% 6.88% -1.19% 1.39%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$1.29 $1.10 $0.00 $0.00 ($0.24) $1.37 $1.16 $0.85 $0.94 $1.11
Adjusted Weighted Average Basic Shares Outstanding
3.43B 3.37B 3.09B 3.08B 0.00 2.69B 2.62B 1.08B 1.08B 1.04B
Adjusted Diluted Earnings per Share
$1.28 $1.09 $0.00 $0.00 ($0.48) $1.36 $1.15 $0.83 $0.92 $1.11
Adjusted Weighted Average Diluted Shares Outstanding
3.43B 3.37B 3.09B 3.08B 2.70B 2.69B 2.62B 1.08B 1.08B 1.04B
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
3.43B 3.37B 3.09B 3.08B 2.70B 2.69B 2.62B 1.08B 1.08B 1.04B
Normalized Net Operating Profit after Tax (NOPAT)
7,949 8,450 7,851 8,577 4,102 7,253 5,828 2,632 2,024 1,838
Normalized NOPAT Margin
9.62% 10.75% 8.74% 12.72% 10.53% 6.69% 10.77% 6.50% 6.37% 5.09%
Pre Tax Income Margin
8.60% 7.12% 6.76% 10.19% 0.97% 54.63% 6.82% 1.75% 0.64% 2.49%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
2.96 3.27 3.52 3.45 1.16 3.01 2.54 1.44 1.13 1.37
NOPAT to Interest Expense
2.69 3.05 3.24 3.30 0.46 3.06 2.49 4.85 2.32 1.56
EBIT Less CapEx to Interest Expense
1.63 2.05 2.06 2.36 -0.97 0.47 -0.87 -2.76 -3.17 -4.07
NOPAT Less CapEx to Interest Expense
1.36 1.83 1.78 2.21 -1.68 0.52 -0.93 0.65 -1.98 -3.89
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
98.52% 113.30% 79.12% 47.97% 3,057.14% 90.28% 122.11% 116.53% 0.00% 243.54%
Augmented Payout Ratio
98.52% 113.30% 79.12% 48.44% 3,057.14% 90.80% 122.81% 116.53% 0.00% 343.83%

Quarterly Metrics And Ratios for Energy Transfer

This table displays calculated financial ratios and metrics derived from Energy Transfer's official financial filings.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics
- - - - - - - - - -
Revenue Growth
-4.83% 0.16% 13.15% 13.87% -49.91% -9.59% -29.39% 0.00% 119.71% 37.66%
EBITDA Growth
9.58% 5.55% 19.30% 18.08% 17.27% 15.02% -9.85% 8.14% 6.54% 21.91%
EBIT Growth
4.81% -1.27% 22.10% 17.91% 21.98% 19.08% -15.15% 11.00% 5.61% 30.05%
NOPAT Growth
-0.89% -1.27% 22.27% 15.03% 17.32% 11.96% -15.92% 52.11% 1.77% 40.26%
Net Income Growth
-7.66% 36.96% 61.56% 16.93% 9.05% -20.80% -23.98% -2.69% 16.73% 45.76%
EPS Growth
-21.62% 113.33% 40.00% 0.00% 5.71% -48.28% -35.90% -13.51% 25.00% 45.00%
Operating Cash Flow Growth
99.85% 21.11% -10.49% 12.60% -3.14% -20.61% 7.73% 41.35% -23.06% 32.08%
Free Cash Flow Firm Growth
-24.68% -951.26% -1,355.65% -313.60% -362.82% 129.30% 117.32% 141.77% 144.50% -285.39%
Invested Capital Growth
9.41% 19.50% 15.51% 8.62% 8.71% 0.42% 0.92% -0.49% -0.31% 9.97%
Revenue Q/Q Growth
-5.93% 0.21% -4.16% 5.34% -1.00% 13.20% -3.55% -53.66% 78.70% -11.59%
EBITDA Q/Q Growth
3.08% 1.59% -4.17% -8.82% -0.71% 14.82% -5.15% 8.44% -2.62% -10.00%
EBIT Q/Q Growth
2.67% -2.39% -4.64% -15.73% -3.29% 20.72% -7.91% 13.46% -5.59% -13.98%
NOPAT Q/Q Growth
1.44% -0.45% -8.76% 7.51% 1.05% 23.28% -14.16% 9.71% -3.56% -7.42%
Net Income Q/Q Growth
0.91% -28.01% 17.73% 7.98% 49.67% -15.09% -14.79% 0.70% 8.70% -18.50%
EPS Q/Q Growth
-9.38% -8.57% 9.38% -13.51% 146.67% -40.00% -21.88% -8.57% 20.69% -25.64%
Operating Cash Flow Q/Q Growth
-9.88% 26.61% -39.82% 191.05% -45.39% -6.43% -24.30% 150.37% -55.24% 26.98%
Free Cash Flow Firm Q/Q Growth
53.98% -29.47% -122.45% 6.28% -414.23% 90.97% -62.16% 15.74% 135.03% -12.87%
Invested Capital Q/Q Growth
0.26% 2.72% 7.65% -1.33% 9.51% -0.71% 1.23% -1.24% 1.16% -0.22%
Profitability Metrics
- - - - - - - - - -
Gross Margin
27.55% 24.84% 24.70% 23.27% 23.14% 22.57% 23.08% 23.09% 21.45% 19.28%
EBITDA Margin
18.85% 17.20% 16.97% 16.97% 16.37% 16.32% 16.09% 16.36% 6.99% 12.83%
Operating Margin
11.66% 10.50% 11.09% 11.00% 10.54% 10.77% 10.02% 10.86% 4.41% 8.60%
EBIT Margin
11.82% 10.83% 11.11% 11.17% 10.73% 10.98% 10.30% 10.79% 4.41% 8.34%
Profit (Net Income) Margin
7.40% 6.90% 9.61% 7.82% 7.63% 5.05% 6.73% 7.62% 3.51% 5.76%
Tax Burden Percent
91.41% 94.16% 89.77% 95.00% 97.09% 93.15% 91.95% 95.32% 25.34% 94.16%
Interest Burden Percent
68.56% 67.72% 96.31% 73.72% 73.26% 49.34% 71.07% 74.08% 313.95% 73.39%
Effective Tax Rate
8.59% 5.84% 10.23% 5.00% 2.91% 6.85% 8.05% 4.68% 0.79% 5.84%
Return on Invested Capital (ROIC)
8.98% 8.80% 8.95% 9.55% 8.94% 11.62% 10.86% 13.19% 4.55% 6.72%
ROIC Less NNEP Spread (ROIC-NNEP)
7.77% 7.56% 8.81% 8.32% 7.80% 9.30% 9.84% 12.02% 3.77% 5.48%
Return on Net Nonoperating Assets (RNNOA)
8.97% 8.66% 9.94% 8.95% 8.56% 10.05% 10.59% 13.03% 4.25% 6.20%
Return on Equity (ROE)
17.94% 17.46% 18.89% 18.50% 17.49% 21.68% 21.45% 26.22% 8.79% 12.92%
Cash Return on Invested Capital (CROIC)
-0.39% -8.78% -5.27% 0.89% 0.37% 8.58% 7.75% 9.54% 8.96% -0.78%
Operating Return on Assets (OROA)
8.17% 7.81% 8.21% 8.24% 7.69% 10.20% 9.75% 10.99% 3.74% 5.56%
Return on Assets (ROA)
5.12% 4.98% 7.10% 5.77% 5.47% 4.69% 6.37% 7.76% 2.98% 3.85%
Return on Common Equity (ROCE)
14.13% 13.62% 14.68% 14.93% 14.20% 17.41% 17.15% 20.83% 6.96% 10.18%
Return on Equity Simple (ROE_SIMPLE)
0.00% 18.97% 18.36% 15.41% 0.00% 15.59% 16.21% 17.58% 0.00% 17.25%
Net Operating Profit after Tax (NOPAT)
2,083 2,054 2,063 2,261 2,102 2,080 1,687 1,966 1,792 1,858
NOPAT Margin
10.66% 9.89% 9.95% 10.45% 10.24% 10.03% 9.21% 10.35% 4.37% 8.10%
Net Nonoperating Expense Percent (NNEP)
1.21% 1.24% 0.14% 1.24% 1.14% 2.33% 1.02% 1.17% 0.78% 1.24%
Return On Investment Capital (ROIC_SIMPLE)
1.97% - - - 2.18% - - - 2.01% -
Cost of Revenue to Revenue
72.45% 75.16% 75.30% 76.73% 76.86% 77.43% 76.92% 76.92% 78.55% 80.72%
SG&A Expenses to Revenue
8.85% 7.97% 7.52% 6.46% 6.96% 6.46% 7.22% 6.65% 3.83% 5.82%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
15.95% 14.34% 10.73% 12.26% 12.61% 14.81% 13.06% 12.23% 7.15% 10.68%
Earnings before Interest and Taxes (EBIT)
2,309 2,249 2,304 2,416 2,203 2,278 1,887 2,049 1,806 1,913
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
3,683 3,573 3,517 3,670 3,361 3,385 2,948 3,108 2,866 2,943
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
1.88 1.56 1.62 1.48 1.15 1.22 1.09 1.06 0.92 0.90
Price to Tangible Book Value (P/TBV)
2.62 2.18 2.29 2.04 1.60 1.60 1.42 1.39 1.21 1.20
Price to Revenue (P/Rev)
0.80 0.66 0.66 0.65 0.54 0.41 0.36 0.32 0.34 0.44
Price to Earnings (P/E)
15.04 11.98 14.09 14.91 12.15 5.65 4.73 4.27 7.00 84.45
Dividend Yield
6.61% 7.88% 7.74% 7.91% 9.86% 9.22% 9.54% 8.81% 8.88% 7.89%
Earnings Yield
6.65% 8.35% 7.10% 6.71% 8.23% 17.70% 21.12% 23.45% 14.29% 1.18%
Enterprise Value to Invested Capital (EV/IC)
1.30 1.19 1.21 1.19 1.06 1.09 1.03 1.02 0.97 0.96
Enterprise Value to Revenue (EV/Rev)
1.62 1.46 1.44 1.35 1.26 0.94 0.88 0.80 0.93 1.22
Enterprise Value to EBITDA (EV/EBITDA)
9.25 8.64 8.67 8.23 7.76 7.61 7.51 7.18 6.80 7.01
Enterprise Value to EBIT (EV/EBIT)
14.40 13.30 13.13 12.52 11.80 11.72 11.62 10.96 10.29 10.77
Enterprise Value to NOPAT (EV/NOPAT)
15.83 14.43 14.24 13.51 12.66 12.10 11.99 11.27 11.17 11.57
Enterprise Value to Operating Cash Flow (EV/OCF)
11.61 11.95 12.44 11.02 10.39 9.69 8.73 8.69 9.23 8.69
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 138.65 295.56 12.69 13.41 10.70 10.79 0.00
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
1.29 1.27 1.26 1.20 1.17 1.17 1.16 1.15 1.17 1.15
Long-Term Debt to Equity
1.29 1.27 1.25 1.18 1.15 1.15 1.08 1.15 1.17 1.15
Financial Leverage
1.15 1.14 1.13 1.08 1.10 1.08 1.08 1.08 1.13 1.13
Leverage Ratio
2.62 2.65 2.59 2.57 2.55 2.60 2.59 2.61 2.60 2.65
Compound Leverage Factor
1.80 1.79 2.50 1.90 1.87 1.28 1.84 1.93 8.17 1.94
Debt to Total Capital
56.27% 55.98% 55.66% 54.60% 53.95% 53.94% 53.72% 53.43% 53.98% 53.59%
Short-Term Debt to Total Capital
0.01% 0.25% 0.25% 1.21% 1.04% 1.13% 3.86% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
56.27% 55.73% 55.42% 53.39% 52.91% 52.81% 49.86% 53.43% 53.97% 53.59%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
10.66% 10.73% 11.19% 8.71% 8.27% 8.90% 8.82% 9.07% 9.09% 9.30%
Common Equity to Total Capital
33.07% 33.29% 33.15% 36.69% 37.78% 37.16% 37.45% 37.50% 36.93% 37.11%
Debt to EBITDA
4.14 4.20 4.14 4.00 4.09 3.93 4.05 3.89 3.93 4.05
Net Debt to EBITDA
3.89 3.94 3.86 3.62 3.83 3.65 3.77 3.63 3.67 3.78
Long-Term Debt to EBITDA
4.14 4.18 4.12 3.91 4.01 3.85 3.76 3.89 3.93 4.05
Debt to NOPAT
7.08 7.01 6.79 6.57 6.68 6.25 6.47 6.11 6.45 6.68
Net Debt to NOPAT
6.65 6.59 6.33 5.95 6.25 5.80 6.02 5.69 6.03 6.23
Long-Term Debt to NOPAT
7.08 6.98 6.76 6.42 6.55 6.12 6.00 6.11 6.45 6.68
Altman Z-Score
1.24 1.17 1.21 1.24 1.13 1.36 1.34 1.45 1.21 0.98
Noncontrolling Interest Sharing Ratio
21.23% 22.01% 22.31% 19.33% 18.82% 19.68% 20.04% 20.54% 20.86% 21.16%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
1.12 1.08 1.14 1.18 1.10 1.05 0.81 1.12 1.17 1.08
Quick Ratio
0.84 0.83 0.88 0.92 0.83 0.80 0.59 0.86 0.85 0.80
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-6,743 -14,650 -11,316 -5,087 -5,408 1,721 901 2,382 2,058 -5,874
Operating Cash Flow to CapEx
175.95% 265.86% 280.25% 475.66% 184.09% 342.42% 295.92% 394.58% 150.68% 302.84%
Free Cash Flow to Firm to Interest Expense
-8.35 -17.69 -14.73 -6.94 -7.91 2.72 1.41 3.85 3.48 -10.18
Operating Cash Flow to Interest Expense
3.21 3.47 2.96 5.15 1.89 3.75 3.96 5.41 2.26 5.18
Operating Cash Flow Less CapEx to Interest Expense
1.38 2.17 1.90 4.06 0.87 2.66 2.62 4.04 0.76 3.47
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.69 0.72 0.74 0.74 0.72 0.93 0.95 1.02 0.85 0.67
Accounts Receivable Turnover
8.51 8.50 9.82 8.96 8.88 10.77 11.46 11.83 11.05 8.90
Inventory Turnover
22.34 24.98 26.17 28.99 24.52 30.30 35.40 43.12 32.28 25.48
Fixed Asset Turnover
0.92 0.95 0.97 0.98 0.95 1.23 1.26 1.36 1.11 0.87
Accounts Payable Turnover
8.26 8.30 9.39 8.64 8.88 9.92 10.52 11.14 10.48 8.28
Days Sales Outstanding (DSO)
42.88 42.95 37.16 40.76 41.12 33.89 31.85 30.86 33.03 41.01
Days Inventory Outstanding (DIO)
16.34 14.61 13.95 12.59 14.89 12.05 10.31 8.46 11.31 14.33
Days Payable Outstanding (DPO)
44.20 43.97 38.89 42.26 41.11 36.80 34.68 32.78 34.83 44.07
Cash Conversion Cycle (CCC)
15.02 13.59 12.23 11.09 14.90 9.13 7.48 6.55 9.51 11.27
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
102,607 102,344 99,630 92,551 93,781 85,640 86,251 85,203 86,271 85,281
Invested Capital Turnover
0.84 0.89 0.90 0.91 0.87 1.16 1.18 1.27 1.04 0.83
Increase / (Decrease) in Invested Capital
8,826 16,704 13,379 7,348 7,510 359 786 -416 -266 7,732
Enterprise Value (EV)
133,634 122,003 120,816 109,980 99,291 93,030 89,208 87,198 83,548 82,090
Market Capitalization
66,145 54,954 55,509 53,010 42,192 40,521 36,508 35,143 30,319 29,640
Book Value per Share
$10.26 $10.30 $10.18 $10.66 $11.66 $10.54 $10.83 $10.71 $10.69 $10.64
Tangible Book Value per Share
$7.37 $7.37 $7.18 $7.70 $8.40 $8.07 $8.29 $8.16 $8.11 $8.03
Total Capital
106,194 105,856 103,505 97,942 97,105 89,140 89,588 88,394 89,414 88,476
Total Debt
59,760 59,258 57,616 53,476 52,388 48,081 48,131 47,231 48,262 47,415
Total Long-Term Debt
59,752 58,995 57,359 52,295 51,380 47,075 44,672 47,229 48,260 47,413
Net Debt
56,173 55,691 53,730 48,437 49,064 44,574 44,794 44,040 45,102 44,220
Capital Expenditures (CapEx)
1,472 1,081 810 793 704 693 857 849 888 987
Debt-free, Cash-free Net Working Capital (DFCFNWC)
1,233 929 1,304 1,534 1,937 1,160 714 880 1,448 592
Debt-free Net Working Capital (DFNWC)
1,554 1,228 1,954 3,480 2,164 1,674 1,044 1,210 1,715 918
Net Working Capital (NWC)
1,546 965 1,697 2,299 1,156 668 -2,415 1,208 1,713 916
Net Nonoperating Expense (NNE)
636 620 71 569 535 1,033 454 519 355 536
Net Nonoperating Obligations (NNO)
56,173 55,746 53,741 48,085 49,064 44,581 44,794 44,040 45,119 44,220
Total Depreciation and Amortization (D&A)
1,374 1,324 1,213 1,254 1,158 1,107 1,061 1,059 1,060 1,030
Debt-free, Cash-free Net Working Capital to Revenue
1.49% 1.11% 1.56% 1.89% 2.46% 1.17% 0.71% 0.81% 1.61% 0.88%
Debt-free Net Working Capital to Revenue
1.88% 1.47% 2.34% 4.28% 2.75% 1.69% 1.03% 1.11% 1.91% 1.36%
Net Working Capital to Revenue
1.87% 1.15% 2.03% 2.83% 1.47% 0.67% -2.39% 1.11% 1.91% 1.36%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$0.29 $0.33 $0.35 $0.32 $0.38 $0.15 $0.25 $0.32 $0.33 $0.29
Adjusted Weighted Average Basic Shares Outstanding
3.43B 3.42B 3.42B 3.37B 3.37B 3.15B 3.14B 3.10B 3.09B 3.09B
Adjusted Diluted Earnings per Share
$0.29 $0.32 $0.35 $0.32 $0.37 $0.15 $0.25 $0.32 $0.35 $0.29
Adjusted Weighted Average Diluted Shares Outstanding
3.43B 3.42B 3.42B 3.37B 3.37B 3.15B 3.14B 3.10B 3.09B 3.09B
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
3.43B 3.42B 3.42B 3.37B 3.37B 3.15B 3.14B 3.10B 3.09B 3.09B
Normalized Net Operating Profit after Tax (NOPAT)
2,085 2,054 1,571 2,261 2,102 2,663 1,696 1,967 1,792 1,939
Normalized NOPAT Margin
10.67% 9.89% 7.58% 10.45% 10.24% 12.84% 9.26% 10.35% 4.37% 8.45%
Pre Tax Income Margin
8.10% 7.33% 10.70% 8.23% 7.86% 5.42% 7.32% 7.99% 13.83% 6.12%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
2.86 2.72 3.00 3.30 3.22 3.60 2.94 3.31 3.05 3.32
NOPAT to Interest Expense
2.58 2.48 2.69 3.08 3.07 3.29 2.63 3.18 3.03 3.22
EBIT Less CapEx to Interest Expense
1.04 1.41 1.95 2.21 2.19 2.51 1.61 1.94 1.55 1.60
NOPAT Less CapEx to Interest Expense
0.76 1.17 1.63 2.00 2.04 2.19 1.30 1.80 1.53 1.51
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
98.52% 95.81% 100.03% 110.34% 113.30% 103.74% 93.75% 81.76% 79.12% 70.13%
Augmented Payout Ratio
98.52% 95.81% 100.03% 110.34% 113.30% 103.74% 93.75% 81.76% 79.12% 70.13%

Frequently Asked Questions About Energy Transfer's Financials

When does Energy Transfer's fiscal year end?

According to the most recent income statement we have on file, Energy Transfer's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Energy Transfer's net income changed over the last 9 years?

Energy Transfer's net income appears to be on an upward trend, with a most recent value of $6.57 billion in 2024, rising from $1.06 billion in 2015. The previous period was $5.29 billion in 2023. View Energy Transfer's forecast to see where analysts expect Energy Transfer to go next.

What is Energy Transfer's operating income?
Energy Transfer's total operating income in 2024 was $9.14 billion, based on the following breakdown:
  • Total Gross Profit: $20.70 billion
  • Total Operating Expenses: $10.97 billion
How has Energy Transfer revenue changed over the last 9 years?

Over the last 9 years, Energy Transfer's total revenue changed from $36.10 billion in 2015 to $82.67 billion in 2024, a change of 129.0%.

How much debt does Energy Transfer have?

Energy Transfer's total liabilities were at $78.95 billion at the end of 2024, a 14.4% increase from 2023, and a 66.0% increase since 2015.

How much cash does Energy Transfer have?

In the past 9 years, Energy Transfer's cash and equivalents has ranged from $161 million in 2023 to $606 million in 2015, and is currently $312 million as of their latest financial filing in 2024.

How has Energy Transfer's book value per share changed over the last 9 years?

Over the last 9 years, Energy Transfer's book value per share changed from -0.89 in 2015 to 10.26 in 2024, a change of -1,249.7%.



This page (NYSE:ET) was last updated on 5/29/2025 by MarketBeat.com Staff
From Our Partners