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Energy Transfer ET Interest coverage

Interest coverage at other companies

Williams Companies logo
Williams CompaniesWMB
2.8×+0.1×
Oneok logo
OneokOKE
3.3×-0.1×
Enterprise Products Partners logo
Enterprise Products PartnersEPD
5.1×-0.2×
Enbridge logo
EnbridgeENB
2.1×0.0×
EQT Corporation logo
EQT CorporationEQT
11.5×+9.5×
Cheniere Energy Partners logo
Cheniere Energy PartnersCQP
4.4×+0.3×

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

Returns & leverage

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Current ratio1.2×0.0×

Where this comes from

Calculated from Energy Transfer’s reported figures.

Based on trailing twelve months.

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 interest coverage?
Energy Transfer (ET) reported interest coverage of 2.6× in Q1 2026.
How has Energy Transfer's interest coverage changed year-over-year?
Energy Transfer's interest coverage decreased by 8.6% year-over-year, from 2.9× to 2.6×.
What is the long-term trend for Energy Transfer's interest coverage?
Over 4 years (2021 to 2025), Energy Transfer's interest coverage has grown at a -5.4% compound annual growth rate (CAGR), from 13.7× to 11×.
What does interest coverage mean?
How many times the company's operating profit covers its interest bill.
How do you interpret interest coverage?
Higher is safer; below ~2× is a warning that earnings provide little cushion against the debt burden. Debt-free companies have no interest expense and the ratio is left blank.
How does interest coverage compare across companies?
Comparable across leveraged non-financials; less relevant for net-cash companies with negligible interest.