Energy Transfer LP (ET) — Financial Flexibility Index
Energy Transfer LP (ET) has a Financial Flexibility Index of 0.04x as of December 2025. Free cash flow of $4.02 Billion (operating CF $1.90 Billion minus capex $2.12 Billion) represents 0% of total liabilities ($92.48 Billion). Check ET strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Energy Transfer LP Financial Flexibility Index (2004–2025)
Historical Financial Flexibility Index trend for Energy Transfer LP across 22 annual periods. See ET current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Energy Transfer LP (2004–2025)
Year-by-year free cash flow to debt coverage for Energy Transfer LP. For the full company profile including market capitalisation, see how much is Energy Transfer LP worth.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.18x | $16.45 Billion | $10.15 Billion | $92.48 Billion | ▼ -10.4% |
| 2024 | 0.20x | $15.67 Billion | $11.51 Billion | $78.95 Billion | ▲ +7.9% |
| 2023 | 0.18x | $12.69 Billion | $9.55 Billion | $68.98 Billion | ▼ -4.6% |
| 2022 | 0.19x | $12.43 Billion | $9.05 Billion | $64.49 Billion | ▼ -9.2% |
| 2021 | 0.21x | $13.98 Billion | $11.16 Billion | $65.83 Billion | ▲ +7.1% |
| 2020 | 0.20x | $12.49 Billion | $7.36 Billion | $62.99 Billion | ▼ -8.7% |
| 2019 | 0.22x | $13.96 Billion | $8.00 Billion | $64.30 Billion | ▼ -17.1% |
| 2018 | 0.26x | $14.91 Billion | $7.51 Billion | $56.90 Billion | ▲ +14.5% |
| 2017 | 0.23x | $12.87 Billion | $4.43 Billion | $56.24 Billion | ▲ +13.3% |
| 2016 | 0.20x | $11.41 Billion | $3.32 Billion | $56.48 Billion | ▼ -22.2% |
| 2015 | 0.26x | $12.37 Billion | $2.98 Billion | $47.58 Billion | ▲ +28.0% |
| 2014 | 0.20x | $8.56 Billion | $3.17 Billion | $42.14 Billion | ▲ +16.6% |
| 2013 | 0.17x | $5.92 Billion | $2.42 Billion | $34.02 Billion | ▲ +30.3% |
| 2012 | 0.13x | $4.35 Billion | $1.08 Billion | $32.55 Billion | ▼ -43.4% |
| 2011 | 0.24x | $3.19 Billion | $1.38 Billion | $13.51 Billion | ▲ +1.1% |
| 2010 | 0.23x | $2.60 Billion | $1.09 Billion | $11.13 Billion | ▲ +41.7% |
| 2009 | 0.16x | $1.47 Billion | $723.46 Million | $8.94 Billion | ▼ -55.1% |
| 2008 | 0.37x | $3.20 Billion | $1.14 Billion | $8.73 Billion | ▲ +25.6% |
| 2007 | 0.29x | $1.85 Billion | $754.50 Million | $6.35 Billion | ▲ +30.6% |
| 2006 | 0.22x | $990.95 Million | $310.78 Million | $4.44 Billion | ▲ +260.9% |
| 2005 | 0.06x | $234.59 Million | $38.13 Million | $3.79 Billion | ▼ -54.8% |
| 2004 | 0.14x | $231.79 Million | $122.10 Million | $1.69 Billion | — |