Energy Transfer LP Free Cash Flow Generation Index
Energy Transfer LP free cash flow generation index. Energy Transfer LP (ET) has a Free Cash Flow Generation Index of -0.12x as of December 2025. Free cash flow of $-225.00 Million represents 0% of operating cash flow ($1.90 Billion). Check ET asset resilience ratio to evaluate the company's liquid asset resilience ratio.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Free Cash Flow Generation Index of Energy Transfer LP (2004–2025)
Free cash flow generation index of Energy Transfer LP from 2004 to 2025. Historical FCF Generation Index trend for Energy Transfer LP across 22 annual periods. Explore Energy Transfer LP (ET) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Energy Transfer LP Free Cash Flow Generation Index by Year (2004–2025)
Energy Transfer LP free cash flow generation index by year from 2004 to 2025. Year-by-year Free Cash Flow Generation Index for Energy Transfer LP. For the full cash flow conversion analysis, see Energy Transfer LP (ET) cash flow conversion.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.38x | $3.85 Billion | $10.15 Billion | $6.30 Billion | ▼ -40.6% |
| 2024 | 0.64x | $7.34 Billion | $11.51 Billion | $4.16 Billion | ▼ -5.0% |
| 2023 | 0.67x | $6.42 Billion | $9.55 Billion | $3.13 Billion | ▲ +7.3% |
| 2022 | 0.63x | $5.67 Billion | $9.05 Billion | $3.38 Billion | ▼ -16.2% |
| 2021 | 0.75x | $8.34 Billion | $11.16 Billion | $2.82 Billion | ▲ +146.5% |
| 2020 | 0.30x | $2.23 Billion | $7.36 Billion | $5.13 Billion | ▲ +18.7% |
| 2019 | 0.26x | $2.04 Billion | $8.00 Billion | $5.96 Billion | ▲ +1835.5% |
| 2018 | 0.01x | $99.00 Million | $7.51 Billion | $7.41 Billion | ▲ +101.5% |
| 2017 | -0.91x | $-4.01 Billion | $4.43 Billion | $8.44 Billion | ▲ +35.6% |
| 2016 | -1.41x | $-4.67 Billion | $3.32 Billion | $8.09 Billion | ▲ +33.6% |
| 2015 | -2.12x | $-6.32 Billion | $2.98 Billion | $9.39 Billion | ▼ -205.2% |
| 2014 | -0.69x | $-2.21 Billion | $3.17 Billion | $5.38 Billion | ▼ -54.8% |
| 2013 | -0.45x | $-1.09 Billion | $2.42 Billion | $3.50 Billion | ▲ +77.9% |
| 2012 | -2.03x | $-2.19 Billion | $1.08 Billion | $3.27 Billion | ▼ -546.6% |
| 2011 | -0.31x | $-433.54 Million | $1.38 Billion | $1.81 Billion | ▲ +19.1% |
| 2010 | -0.39x | $-423.10 Million | $1.09 Billion | $1.51 Billion | ▼ -1018.2% |
| 2009 | -0.03x | $-25.16 Million | $723.46 Million | $748.62 Million | ▲ +96.8% |
| 2008 | -1.08x | $-1.23 Billion | $1.14 Billion | $2.05 Billion | ▼ -137.3% |
| 2007 | -0.45x | $-342.17 Million | $754.50 Million | $1.10 Billion | ▲ +61.8% |
| 2006 | -1.19x | $-369.38 Million | $310.78 Million | $680.16 Million | ▲ +67.6% |
| 2005 | -3.67x | $-140.01 Million | $38.13 Million | $196.46 Million | ▼ -3712.3% |
| 2004 | 0.10x | $12.41 Million | $122.10 Million | $109.69 Million | — |