Energy Transfer LP Financial Flexibility Index
Energy Transfer LP 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). Explore Energy Transfer LP (ET) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Energy Transfer LP (2004–2025)
Financial flexibility index of Energy Transfer LP from 2004 to 2025. Historical Financial Flexibility Index trend for Energy Transfer LP across 22 annual periods. Check cash flow reinvestment rate of Energy Transfer LP to assess the company's total reinvestment commitment from operating cash flow.
Energy Transfer LP Financial Flexibility Index by Year (2004–2025)
Energy Transfer LP financial flexibility index by year from 2004 to 2025. Year-by-year free cash flow to debt coverage for Energy Transfer LP. For the full cash flow conversion analysis, see ET cash flow conversion.
| 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 | — |