Energy Transfer LP (ET) — Net Asset Quality Index
Energy Transfer LP (ET) has a Net Asset Quality Index of 33.9% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $147.48 Billion minus total liabilities of $97.49 Billion yields net assets of $49.99 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See Energy Transfer LP liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Energy Transfer LP Net Asset Quality Index Over Time (2004–2025)
This chart shows how Energy Transfer LP's Net Asset Quality Index has evolved across 22 annual periods from 2004 to 2025. As of March 2026, the index stands at 33.9%, representing net assets of $49.99 Billion against total assets of $147.48 Billion USD. Explore ET operating cash flow to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Energy Transfer LP (2004–2025)
The table below presents the year-by-year Net Asset Quality Index for Energy Transfer LP from 2004 to 2025, covering 22 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Energy Transfer LP market capitalisation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 34.8% | $49.26 Billion | $141.74 Billion | $92.48 Billion | ▼ -2.3 pp |
| 2024 | 37.0% | $46.43 Billion | $125.38 Billion | $78.95 Billion | ▼ -2.3 pp |
| 2023 | 39.3% | $44.72 Billion | $113.70 Billion | $68.98 Billion | ▲ +0.4 pp |
| 2022 | 39.0% | $41.15 Billion | $105.64 Billion | $64.49 Billion | ▲ +1.1 pp |
| 2021 | 37.9% | $40.13 Billion | $105.96 Billion | $65.83 Billion | ▲ +4.1 pp |
| 2020 | 33.8% | $32.15 Billion | $95.14 Billion | $62.99 Billion | ▼ -1.2 pp |
| 2019 | 35.0% | $34.68 Billion | $98.97 Billion | $64.30 Billion | ▼ -0.5 pp |
| 2018 | 35.5% | $31.35 Billion | $88.25 Billion | $56.90 Billion | ▲ +0.7 pp |
| 2017 | 34.8% | $30.00 Billion | $86.25 Billion | $56.24 Billion | ▲ +6.3 pp |
| 2016 | 28.5% | $22.53 Billion | $79.01 Billion | $56.48 Billion | ▼ -4.7 pp |
| 2015 | 33.2% | $23.61 Billion | $71.19 Billion | $47.58 Billion | ▼ -1.5 pp |
| 2014 | 34.6% | $22.33 Billion | $64.47 Billion | $42.14 Billion | ▲ +2.2 pp |
| 2013 | 32.4% | $16.31 Billion | $50.33 Billion | $34.02 Billion | ▼ -1.0 pp |
| 2012 | 33.4% | $16.35 Billion | $48.90 Billion | $32.55 Billion | ▼ -1.9 pp |
| 2011 | 35.4% | $7.39 Billion | $20.90 Billion | $13.51 Billion | ▼ -0.6 pp |
| 2010 | 36.0% | $6.25 Billion | $17.38 Billion | $11.13 Billion | ▲ +9.5 pp |
| 2009 | 26.5% | $3.22 Billion | $12.16 Billion | $8.94 Billion | ▲ +5.3 pp |
| 2008 | 21.1% | $2.34 Billion | $11.07 Billion | $8.73 Billion | ▼ -1.3 pp |
| 2007 | 22.4% | $1.84 Billion | $8.18 Billion | $6.35 Billion | ▼ -2.6 pp |
| 2006 | 25.1% | $1.48 Billion | $5.92 Billion | $4.44 Billion | ▲ +2.2 pp |
| 2005 | 22.9% | $1.12 Billion | $4.92 Billion | $3.79 Billion | ▼ -18.0 pp |
| 2004 | 40.9% | $1.17 Billion | $2.87 Billion | $1.69 Billion | — |