Energy Transfer LP annual net debt
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Energy Transfer LP Net Debt Growth & History (ET)
Energy Transfer LP's net debt was $68.93B for fiscal 2025.
View full Energy Transfer LP company overviewEnergy Transfer LP annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $68.93B | $8.63B | +14.30% |
| 2024 | 2024-12-31 | $60.30B | $7.22B | +13.59% |
| 2023 | 2023-12-31 | $53.09B | $4.23B | +8.65% |
| 2022 | 2022-12-31 | $48.86B | −$1.37B | −2.72% |
| 2021 | 2021-12-31 | $50.23B | −$1.74B | −3.35% |
| 2020 | 2020-12-31 | $51.97B | $211.0M | +0.41% |
| 2019 | 2019-12-31 | $51.76B | $5.15B | +11.05% |
| 2018 | 2018-12-31 | $46.61B | $2.75B | +6.27% |
| 2017 | 2017-12-31 | $43.86B | $408.0M | +0.94% |
| 2016 | 2016-12-31 | $43.45B | $6.94B | +19.02% |
| 2015 | 2015-12-31 | $36.51B | $6.86B | +23.15% |
| 2014 | 2014-12-31 | $29.65B | $7.04B | +31.12% |
| 2013 | 2013-12-31 | $22.61B | $928.0M | +4.28% |
| 2012 | 2012-12-31 | $21.68B | $10.44B | +92.81% |
| 2011 | 2011-12-31 | $11.24B | $1.95B | +20.97% |
| 2010 | 2010-12-31 | $9.30B | $1.57B | +20.35% |
| 2009 | 2009-12-31 | $7.72B | — | — |
Energy Transfer LP quarterly net debt
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Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $69.22B | $7.89B | +12.86% |
| Q1 2026 | 2026-03-31 | $70.16B | $10.00B | +16.63% |
| Q4 2025 | 2025-12-31 | $68.93B | $8.63B | +14.30% |
| Q3 2025 | 2025-09-30 | $60.40B | $634.0M | +1.06% |
| Q2 2025 | 2025-06-30 | $61.33B | $3.55B | +6.15% |
| Q1 2025 | 2025-03-31 | $60.15B | $7.87B | +15.06% |
| Q4 2024 | 2024-12-31 | $60.30B | $7.22B | +13.59% |
| Q3 2024 | 2024-09-30 | $59.77B | $11.38B | +23.52% |
| Q2 2024 | 2024-06-30 | $57.78B | $9.15B | +18.81% |
| Q1 2024 | 2024-03-31 | $52.28B | $4.54B | +9.52% |
| Q4 2023 | 2023-12-31 | $53.09B | $4.23B | +8.65% |
| Q3 2023 | 2023-09-30 | $48.39B | $461.0M | +0.96% |
| Q2 2023 | 2023-06-30 | $48.63B | $34.0M | +0.07% |
| Q1 2023 | 2023-03-31 | $47.74B | −$1.48B | −3.01% |
| Q4 2022 | 2022-12-31 | $48.86B | −$1.37B | −2.72% |
| Q3 2022 | 2022-09-30 | $47.93B | $1.92B | +4.18% |
| Q2 2022 | 2022-06-30 | $48.60B | $1.73B | +3.70% |
| Q1 2022 | 2022-03-31 | $49.22B | $967.0M | +2.00% |
| Q4 2021 | 2021-12-31 | $50.23B | −$1.74B | −3.35% |
| Q3 2021 | 2021-09-30 | $46.00B | −$6.12B | −11.74% |
| Q2 2021 | 2021-06-30 | $46.87B | −$5.22B | −10.03% |
| Q1 2021 | 2021-03-31 | $48.25B | −$2.76B | −5.41% |
| Q4 2020 | 2020-12-31 | $51.97B | $211.0M | +0.41% |
| Q3 2020 | 2020-09-30 | $52.13B | $4.57B | +9.61% |
| Q2 2020 | 2020-06-30 | $52.09B | $5.15B | +10.98% |
| Q1 2020 | 2020-03-31 | $51.01B | $4.11B | +8.77% |
| Q4 2019 | 2019-12-31 | $51.76B | $5.15B | +11.05% |
| Q3 2019 | 2019-09-30 | $47.55B | $3.18B | +7.16% |
| Q2 2019 | 2019-06-30 | $46.93B | $2.82B | +6.39% |
| Q1 2019 | 2019-03-31 | $46.90B | $5.26B | +12.62% |
| Q4 2018 | 2018-12-31 | $46.61B | $2.75B | +6.27% |
| Q3 2018 | 2018-09-30 | $44.37B | −$362.0M | −0.81% |
| Q2 2018 | 2018-06-30 | $44.11B | $39.0M | +0.09% |
| Q1 2018 | 2018-03-31 | $41.64B | −$981.0M | −2.30% |
| Q4 2017 | 2017-12-31 | $43.86B | $408.0M | +0.94% |
| Q3 2017 | 2017-09-30 | $44.74B | $3.95B | +9.69% |
| Q2 2017 | 2017-06-30 | $44.08B | $5.02B | +12.86% |
| Q1 2017 | 2017-03-31 | $42.62B | $5.10B | +13.59% |
| Q4 2016 | 2016-12-31 | $43.45B | $6.94B | +19.02% |
| Q3 2016 | 2016-09-30 | $40.78B | $5.46B | +15.44% |
| Q2 2016 | 2016-06-30 | $39.05B | $5.87B | +17.68% |
| Q1 2016 | 2016-03-31 | $37.52B | $5.96B | +18.88% |
| Q4 2015 | 2015-12-31 | $36.51B | $6.86B | +23.15% |
| Q3 2015 | 2015-09-30 | $35.33B | $6.58B | +22.90% |
| Q2 2015 | 2015-06-30 | $33.19B | $7.22B | +27.82% |
| Q1 2015 | 2015-03-31 | $31.56B | $6.28B | +24.84% |
| Q4 2014 | 2014-12-31 | $29.65B | $7.04B | +31.12% |
| Q3 2014 | 2014-09-30 | $28.75B | $7.61B | +36.03% |
| Q2 2014 | 2014-06-30 | $25.96B | $3.83B | +17.28% |
| Q1 2014 | 2014-03-31 | $25.28B | $2.94B | +13.17% |
| Q4 2013 | 2013-12-31 | $22.61B | $928.0M | +4.28% |
| Q3 2013 | 2013-09-30 | $21.13B | $3.16B | +17.61% |
| Q2 2013 | 2013-06-30 | $22.14B | $4.28B | +23.99% |
| Q1 2013 | 2013-03-31 | $22.34B | $5.13B | +29.83% |
| Q4 2012 | 2012-12-31 | $21.68B | $10.44B | +92.81% |
| Q3 2012 | 2012-09-30 | $17.97B | $6.46B | +56.12% |
| Q2 2012 | 2012-06-30 | $17.86B | $6.86B | +62.35% |
| Q1 2012 | 2012-03-31 | $17.21B | $7.75B | +81.85% |
| Q4 2011 | 2011-12-31 | $11.24B | $1.95B | +20.97% |
| Q3 2011 | 2011-09-30 | $11.51B | $2.76B | +31.58% |
| Q2 2011 | 2011-06-30 | $11.00B | $2.13B | +24.03% |
| Q1 2011 | 2011-03-31 | $9.46B | — | — |
| Q4 2010 | 2010-12-31 | $9.30B | $1.57B | +20.35% |
| Q3 2010 | 2010-09-30 | $8.75B | — | — |
| Q2 2010 | 2010-06-30 | $8.87B | — | — |
| Q4 2009 | 2009-12-31 | $7.72B | — | — |
Energy Transfer LP net debt trends
Over the last five fiscal years, Energy Transfer LP's net debt increased from $51.97B to $68.93B, a change of $16.96B. The latest reported quarter, Q2 2026, shows $69.22B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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