Energy Transfer LP (ET) — Cash Flow-to-Debt Ratio
Energy Transfer LP (ET) has a Cash Flow-to-Debt Ratio of 0.02x as of December 2025, meaning its operating cash flow of $1.90 Billion could theoretically repay 0% of its total liabilities ($92.48 Billion) in one year. See ET financial flexibility index to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Energy Transfer LP Cash Flow-to-Debt Ratio (2004–2025)
Historical debt coverage capacity for Energy Transfer LP across 22 annual periods. For the full cash flow conversion analysis, see Energy Transfer LP cash conversion from operations.
Annual Cash Flow-to-Debt Ratio for Energy Transfer LP (2004–2025)
Year-by-year debt coverage analysis for Energy Transfer LP. Check cash flow quality index of Energy Transfer LP to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.11x | $10.15 Billion | $92.48 Billion | ▼ -24.7% |
| 2024 | 0.15x | $11.51 Billion | $78.95 Billion | ▲ +5.2% |
| 2023 | 0.14x | $9.55 Billion | $68.98 Billion | ▼ -1.3% |
| 2022 | 0.14x | $9.05 Billion | $64.49 Billion | ▼ -17.2% |
| 2021 | 0.17x | $11.16 Billion | $65.83 Billion | ▲ +45.1% |
| 2020 | 0.12x | $7.36 Billion | $62.99 Billion | ▼ -6.1% |
| 2019 | 0.12x | $8.00 Billion | $64.30 Billion | ▼ -5.6% |
| 2018 | 0.13x | $7.51 Billion | $56.90 Billion | ▲ +67.5% |
| 2017 | 0.08x | $4.43 Billion | $56.24 Billion | ▲ +33.9% |
| 2016 | 0.06x | $3.32 Billion | $56.48 Billion | ▼ -6.1% |
| 2015 | 0.06x | $2.98 Billion | $47.58 Billion | ▼ -16.9% |
| 2014 | 0.08x | $3.17 Billion | $42.14 Billion | ▲ +6.0% |
| 2013 | 0.07x | $2.42 Billion | $34.02 Billion | ▲ +114.7% |
| 2012 | 0.03x | $1.08 Billion | $32.55 Billion | ▼ -67.5% |
| 2011 | 0.10x | $1.38 Billion | $13.51 Billion | ▲ +4.4% |
| 2010 | 0.10x | $1.09 Billion | $11.13 Billion | ▲ +20.8% |
| 2009 | 0.08x | $723.46 Million | $8.94 Billion | ▼ -38.2% |
| 2008 | 0.13x | $1.14 Billion | $8.73 Billion | ▲ +10.2% |
| 2007 | 0.12x | $754.50 Million | $6.35 Billion | ▲ +69.8% |
| 2006 | 0.07x | $310.78 Million | $4.44 Billion | ▲ +596.4% |
| 2005 | 0.01x | $38.13 Million | $3.79 Billion | ▼ -86.1% |
| 2004 | 0.07x | $122.10 Million | $1.69 Billion | — |