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Energy Transfer ET Free cash flow

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Other financials

Income statement

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Revenue$34.3B+78.4%
Gross profit$7.4B+39.7%
Operating income$3.6B+54.8%
Net income$2.1B+79.5%
EPS (diluted)$0.59+84.4%

Balance sheet

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Cash & equivalents$1.0B+321%
Total debt$70.2B+14.1%
Total assets$148.17B+18.5%

Cash flow

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Operating cash flow$4.3B+54.6%
CapEx$1.6B-5.7%

Valuation

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Market cap$73.79B+22.3%
Enterprise value$143.01B+17.6%
P/E14×+1.2×
P/S0.7×-0.1×

Profitability

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Gross margin23.6%-2.8pp
Operating margin10%-1.4pp
Net margin4.9%-1.0pp
FCF margin5.1%-2.0pp

Returns & leverage

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Current ratio1.2×0.0×

Where this comes from

Calculated from Energy Transfer’s reported figures.

The source filing: Energy Transfer’s 10-Q, filed August 6, 2026. Open the filing →

Filed
Aug 6, 2026, 4:46 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001276187-26-000038

FAQ

What is Energy Transfer's free cash flow?
Energy Transfer (ET) reported free cash flow of $2.71B in Q2 2026.
How has Energy Transfer's free cash flow changed year-over-year?
Energy Transfer's free cash flow increased by 145.4% year-over-year, from $1.1B to $2.71B.
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?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.

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