Energy Transfer LP (ET) — Cash Flow Quality Index

Latest as of December 2025: 1.53x

Energy Transfer LP (ET) has a Cash Flow Quality Index of 1.53x as of December 2025. Operating cash flow of $1.90 Billion exceeds net income of $1.24 Billion, indicating high earnings quality where cash backs reported profits. Explore Energy Transfer LP (ET) cash conversion ratio to assess how effectively this company generates cash.

Cash Flow Quality Index

1.53x
Operating CF / Net Income

Operating Cash Flow

$1.90 Billion
USD

Net Income

$1.24 Billion
USD

Data as of

Dec 2025
Most recent filing

Energy Transfer LP Cash Flow Quality Index (2004–2025)

Historical Cash Flow Quality Index for Energy Transfer LP across 22 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check ET cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for Energy Transfer LP (2004–2025)

Year-by-year earnings quality comparison for Energy Transfer LP. For live market cap and the full company financial profile, see Energy Transfer LP market cap and net worth.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 1.78x $10.15 Billion $5.71 Billion ▲ +1.4%
2024 1.75x $11.51 Billion $6.57 Billion ▼ -2.9%
2023 1.80x $9.55 Billion $5.29 Billion ▲ +17.0%
2022 1.54x $9.05 Billion $5.87 Billion ▼ -7.6%
2021 1.67x $11.16 Billion $6.69 Billion ▼ -96.8%
2020 52.58x $7.36 Billion $140.00 Million ▲ +3118.6%
2019 1.63x $8.00 Billion $4.90 Billion ▼ -25.6%
2018 2.19x $7.51 Billion $3.42 Billion ▲ +17.2%
2017 1.87x $4.43 Billion $2.37 Billion ▼ -97.7%
2016 81.02x $3.32 Billion $41.00 Million ▲ +2785.8%
2015 2.81x $2.98 Billion $1.06 Billion ▼ -0.6%
2014 2.82x $3.17 Billion $1.12 Billion ▼ -63.2%
2013 7.68x $2.42 Billion $315.00 Million ▲ +807.6%
2012 0.85x $1.08 Billion $1.27 Billion ▼ -67.6%
2011 2.61x $1.38 Billion $528.00 Million ▼ -19.2%
2010 3.23x $1.09 Billion $337.00 Million ▲ +211.4%
2009 1.04x $723.46 Million $697.87 Million ▼ -38.4%
2008 1.68x $1.14 Billion $679.75 Million ▼ -28.8%
2007 2.36x $754.50 Million $319.36 Million ▼ -18.6%
2006 2.90x $310.78 Million $107.14 Million ▲ +1016.3%
2005 0.26x $38.13 Million $146.75 Million ▼ -4.2%
2004 0.27x $122.10 Million $450.22 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.