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 FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
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. Also explore ET shareholders equity momentum to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Energy Transfer LP (2004–2025)
Year-by-year debt coverage analysis for Energy Transfer LP. For market capitalisation and broader financial context, see ET market cap overview.
| 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 | — |