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Energy Transfer ET Current ratio

Current ratio at other companies

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Williams CompaniesWMB
0.4×-0.1×
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OneokOKE
0.7×0.0×
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Enterprise Products PartnersEPD
0.9×+0.1×
Enbridge logo
EnbridgeENB
0.8×+0.1×
EQT Corporation logo
EQT CorporationEQT
0.7×+0.1×
Cheniere Energy Partners logo
Cheniere Energy PartnersCQP
0.4×-0.5×

Other financials

Income statement

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Revenue$27.8B+32.1%
Gross profit$6.6B+21.5%
Operating income$3.0B+19.8%
Net income$1.3B-5.2%

Balance sheet

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Cash & equivalents$951.0M+110%
Total debt$71.1B+17.3%
Total assets$147.48B+16.7%

Cash flow

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Operating cash flow$3.4B+15.8%
CapEx$1.9B+56.5%
Free cash flow$1.5B-13.6%

Valuation

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Market cap$64.52B+4.1%
Enterprise value$134.68B+10.2%
P/E14.8×+2.1×
P/S0.7×-0.1×

Profitability

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Gross margin25.2%-0.6pp
Operating margin10.3%-1.0pp
Net margin4.7%-1.2pp

Where this comes from

Calculated from Energy Transfer’s reported figures.

Based on the most recent quarter.

The official record: Energy Transfer’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Energy Transfer's current ratio?
Energy Transfer (ET) reported current ratio of 1.2× in Q1 2026.
How has Energy Transfer's current ratio changed year-over-year?
Energy Transfer's current ratio increased by 4.1% year-over-year, from 1.1× to 1.2×.
What is the long-term trend for Energy Transfer's current ratio?
Over 4 years (2021 to 2025), Energy Transfer's current ratio has grown at a 6.2% compound annual growth rate (CAGR), from 3.9× to 4.9×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.