Energy Transfer LP Tangible Net Worth Ratio
Energy Transfer LP tangible net worth ratio. Energy Transfer LP (ET) has a Tangible Net Worth Ratio of 85.4% as of March 2026. This metric is calculated by deducting intangible assets ($7.29 Billion) from net assets ($49.99 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore ET year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Energy Transfer LP (2004–2025)
Tangible net worth ratio of Energy Transfer LP from 2004 to 2025. This chart shows how Energy Transfer LP's Tangible Net Worth Ratio has changed across 22 annual periods from 2004 to 2025. As of March 2026, the ratio stands at 85.4%, reflecting net assets of $49.99 Billion with intangible assets of $7.29 Billion USD. Check Energy Transfer LP strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Energy Transfer LP Tangible Net Worth Ratio by Year (2004–2025)
Energy Transfer LP tangible net worth ratio by year from 2004 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Energy Transfer LP from 2004 to 2025, covering 22 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see ET market cap overview.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 84.9% | $49.26 Billion | $7.44 Billion | $141.74 Billion | ▼ -2.2 pp |
| 2024 | 87.1% | $46.43 Billion | $5.97 Billion | $125.38 Billion | ▲ +1.1 pp |
| 2023 | 86.0% | $44.72 Billion | $6.24 Billion | $113.70 Billion | ▼ -0.8 pp |
| 2022 | 86.8% | $41.15 Billion | $5.42 Billion | $105.64 Billion | ▲ +1.4 pp |
| 2021 | 85.4% | $40.13 Billion | $5.86 Billion | $105.96 Billion | ▲ +3.3 pp |
| 2020 | 82.1% | $32.15 Billion | $5.75 Billion | $95.14 Billion | ▼ -0.1 pp |
| 2019 | 82.3% | $34.68 Billion | $6.15 Billion | $98.97 Billion | ▲ +1.4 pp |
| 2018 | 80.9% | $31.35 Billion | $6.00 Billion | $88.25 Billion | ▲ +1.2 pp |
| 2017 | 79.6% | $30.00 Billion | $6.12 Billion | $86.25 Billion | ▲ +6.2 pp |
| 2016 | 73.4% | $22.53 Billion | $5.99 Billion | $79.01 Billion | ▼ -3.6 pp |
| 2015 | 77.0% | $23.61 Billion | $5.43 Billion | $71.19 Billion | ▲ +2.0 pp |
| 2014 | 75.0% | $22.33 Billion | $5.58 Billion | $64.47 Billion | ▼ -11.1 pp |
| 2013 | 86.1% | $16.31 Billion | $2.26 Billion | $50.33 Billion | ▲ +0.1 pp |
| 2012 | 86.0% | $16.35 Billion | $2.29 Billion | $48.90 Billion | ▲ +0.5 pp |
| 2011 | 85.5% | $7.39 Billion | $1.07 Billion | $20.90 Billion | ▲ +5.7 pp |
| 2010 | 79.8% | $6.25 Billion | $1.26 Billion | $17.38 Billion | ▼ -8.1 pp |
| 2009 | 87.9% | $3.22 Billion | $389.68 Million | $12.16 Billion | ▲ +5.1 pp |
| 2008 | 82.8% | $2.34 Billion | $402.98 Million | $11.07 Billion | ▲ +2.2 pp |
| 2007 | 80.6% | $1.84 Billion | $356.65 Million | $8.18 Billion | ▼ -6.9 pp |
| 2006 | 87.5% | $1.48 Billion | $185.74 Million | $5.92 Billion | ▲ +29.5 pp |
| 2005 | 58.0% | $1.12 Billion | $472.05 Million | $4.92 Billion | ▼ -42.0 pp |
| 2004 | 100.0% | $1.17 Billion | $0.00 | $2.87 Billion | — |