Free cash flow
Year-over-year, this metric declined by 13.6%, from $1.69B to $1.46B. Over 4 years (FY 2021 to FY 2025), Free cash flow shows a downward trend with a -16.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests strong operational efficiency and the ability to self-fund future innovation or return capital to shareholders, while a decrease may indicate heavy capital expenditure cycles or declining operational profitability.
Detailed definition
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and m...
Peer comparison
High-growth semiconductor and AI infrastructure peers typically prioritize reinvestment, so free cash flow margins are often compared against R&D intensity and capital expenditure requirements of industry rivals.
cf_free_cash_flowHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.27B | $1.65B | $963.00M | $1.62B | $1.65B | $1.95B | $450.00M | $2.50B | $1.66B | $1.67B | $592.00M | $2.98B | $1.46B | $1.79B | $1.12B | $1.69B | $1.10B | $1.28B | $0.00 | $1.46B |
| QoQ Change | — | +29.2% | -41.5% | +68.0% | +1.9% | +18.6% | -77.0% | +454.9% | -33.5% | +0.7% | -64.6% | +402.9% | -51.0% | +22.5% | -37.5% | +51.4% | -34.8% | +15.6% | -100.0% | — |
| YoY Change | — | — | — | — | +29.4% | +18.7% | -53.3% | +54.3% | +0.7% | -14.4% | +31.6% | +19.2% | -12.1% | +6.9% | +88.9% | -43.1% | -24.4% | -28.7% | -100.0% | -13.6% |
Free cash flow at Other Companies
Frequently Asked Questions
- What is Energy Transfer's free cash flow?
- Energy Transfer (ET) reported free cash flow of $1.46B in Q1 2026.
- How has Energy Transfer's free cash flow changed year-over-year?
- Energy Transfer's free cash flow decreased by 13.6% year-over-year, from $1.69B to $1.46B.
- What is the long-term trend for Energy Transfer's free cash flow?
- Over 4 years (2021 to 2025), Energy Transfer's free cash flow has grown at a -16.4% compound annual growth rate (CAGR), from $8.34B to $4.07B.
- What does free cash flow mean?
- The cash a company has left over after paying for its operating expenses and capital investments.