Energy Transfer (ET) Interest Coverage Ratio: History & Chart

Energy Transfer LP (ET)ETEnergy Transfer LP

About Energy Transfer LP

Energy Transfer LP functions as a comprehensive provider of energy infrastructure and associated services. The company operates extensive natural gas networks, including approximately 11,600 miles of intrastate transportation pipelines and an additional 19,830 miles dedicated to interstate transport. Its natural gas storage capabilities encompass three facilities in Texas and another two spanning Texas and Oklahoma. Energy Transfer supplies natural gas to a diverse range of customers, such as electric utilities, independent power producers, local distribution companies, other marketing firms, and various industrial end-users. Beyond transportation, the firm manages substantial infrastructure for gathering, processing, treating, and conditioning natural gas and natural gas liquids (NGLs) across a broad geographic area that includes Texas, New Mexico, West Virginia, Pennsylvania, Ohio, Oklahoma, Arkansas, Kansas, and Louisiana. This infrastructure also covers natural gas gathering systems in Ohio, and integrated natural gas gathering, oil pipeline, and oil stabilization facilities situated in South Texas. Additionally, the company provides water transport and supply services to natural gas producers in Pennsylvania. In the NGL sector, Energy Transfer possesses approximately 5,215 miles of NGL pipelines, along with facilities for NGL and propane fractionation. Its NGL storage solutions include facilities with a working capacity of around 50 million barrels (MMBbls), supplemented by additional storage assets and terminals totaling about 17 MMBbls. The company is actively involved in the transportation, terminalling, acquisition, and marketing of crude oil, as well as the distribution of refined petroleum products like gasoline, middle distillates, and motor fuels. Complementing these primary operations, Energy Transfer offers specialized services such as natural gas compression, removal of carbon dioxide and hydrogen sulfide, natural gas cooling, dehydration, and British thermal unit (BTU) management. Furthermore, its operations extend to managing coal and other natural resource properties, selling standing timber, leasing coal-related infrastructure, collecting oil and gas royalties, and generating electrical power. Established in 1996 and headquartered in Dallas, Texas, the company officially adopted its current name, Energy Transfer LP, in October 2018, having previously been known as Energy Transfer Equity, L.P.

Dallas, TX

22,311 employees

energytransfer.com

Energy / Oil & Gas Midstream

Sector: Energy
Industry: Oil & Gas Midstream
CEO: Marshall S. McCrea

View full financials

ET Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

-3.83x

INTEREST COVERAGE RATIO AVG TTM

1.53x

INTEREST COVERAGE RATIO AVG 3Y

2.99x

INTEREST COVERAGE RATIO AVG 5Y

3.05x

INTEREST COVERAGE RATIO AVG 10Y

2.76x

INTEREST COVERAGE RATIO AVG 15Y

2.21x

INTEREST COVERAGE RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

-349.59%

CURRENT VS 3Y AVG

-228.03%

CURRENT VS 5Y AVG

-225.31%

CURRENT VS 10Y AVG

-238.54%

CURRENT VS 15Y AVG

-273.08%

CURRENT VS 20Y AVG

N/A

SECTOR MEDIAN · ENERGY

6.56x

median of 40 covered companies

CURRENT VS SECTOR MEDIAN

-158.29%

vs the sector median at left

NAME	MARKET CAP	INTEREST COVERAGE RATIO	TTM	3Y	5Y
Energy Transfer LP (ET)	$69.27B	-3.83x	1.53x	2.99x	3.05x
Kinder Morgan, Inc. (KMI)vs ›	$68.70B	2.67x	2.51x	2.55x	2.63x
Suncor Energy Inc. (SU)vs ›	$70.96B	20.86x	22.36x	22.66x	17.91x
EOG Resources, Inc. (EOG)vs ›	$71.77B	36.05x	47.31x	53.80x	49.89x
Slb N.V. (SLB)vs ›	$74.99B	9.80x	11.08x	10.39x	8.27x
Baker Hughes Company (BKR)vs ›	$61.10B	16.02x	16.55x	13.20x	9.96x
Eni S.p.A. (E)vs ›	$77.67B	0.55x	4.25x	10.14x	9.27x
Enterprise Products Partners L.P. (EPD)vs ›	$81.67B	4.90x	5.15x	5.33x	5.00x
Phillips 66 (PSX)vs ›	$81.75B	3.39x	2.98x	7.86x	6.71x
Occidental Petroleum Corporation (OXY)vs ›	$55.61B	4.14x	4.61x	7.25x	6.38x

NAME

MARKET CAP

INTEREST COVERAGE RATIO

TTM

Energy Transfer LP (ET)

$69.27B

-3.83x

1.53x

2.99x

3.05x

Kinder Morgan, Inc. (KMI)vs ›

$68.70B

2.67x

2.51x

2.55x

2.63x

Suncor Energy Inc. (SU)vs ›

$70.96B

20.86x

22.36x

22.66x

17.91x

EOG Resources, Inc. (EOG)vs ›

$71.77B

36.05x

47.31x

53.80x

49.89x

Slb N.V. (SLB)vs ›

$74.99B

9.80x

11.08x

10.39x

8.27x

Baker Hughes Company (BKR)vs ›

$61.10B

16.02x

16.55x

13.20x

9.96x

Eni S.p.A. (E)vs ›

$77.67B

0.55x

4.25x

10.14x

9.27x

Enterprise Products Partners L.P. (EPD)vs ›

$81.67B

4.90x

5.15x

5.33x

5.00x

Phillips 66 (PSX)vs ›

$81.75B

3.39x

2.98x

7.86x

6.71x

Occidental Petroleum Corporation (OXY)vs ›

$55.61B

4.14x

4.61x

7.25x

6.38x

Interest Coverage Ratio FAQ

What is the interest coverage ratio for Energy Transfer LP (ET)?

The interest coverage ratio for ET stock is -3.83x.

Is Energy Transfer LP's interest coverage ratio high or low?

The interest coverage ratio of -3.83x is 240% below its 5-year average of 2.73x, near the low end of its 5-year range (-3.83x–3.66x).

What is the TTM average interest coverage ratio for Energy Transfer LP (ET)?

The TTM average interest coverage ratio for ET stock is 1.53x.

What is the 3Y average interest coverage ratio for Energy Transfer LP (ET)?

The 3Y average interest coverage ratio for ET stock is 2.99x.

What is the 5Y average interest coverage ratio for Energy Transfer LP (ET)?

The 5Y average interest coverage ratio for ET stock is 3.05x.

What is the 10Y average interest coverage ratio for Energy Transfer LP (ET)?

The 10Y average interest coverage ratio for ET stock is 2.76x.

What is the 15Y average interest coverage ratio for Energy Transfer LP (ET)?

The 15Y average interest coverage ratio for ET stock is 2.21x.

DATE	INTEREST COVERAGE RATIO
2026-06-30	-3.83x
2026-03-31	3.15x
2025-12-31	3.12x
2025-09-30	2.42x
2025-06-30	2.81x
2025-03-31	3.08x
2024-12-31	2.82x
2024-09-30	2.63x
2024-06-30	3.02x
2024-03-31	3.27x
2023-12-31	3.16x
2023-09-30	3.53x
2023-06-30	2.86x
2023-03-31	3.33x
2022-12-31	3.05x
2022-09-30	3.42x
2022-06-30	3.66x
2022-03-31	3.30x
2021-12-31	3.05x
2021-09-30	2.58x
2021-06-30	2.82x
2021-03-31	6.91x
2020-12-31	2.32x
2020-09-30	0.43x
2020-06-30	2.31x
2020-03-31	0.10x
2019-12-31	2.91x
2019-09-30	3.21x
2019-06-30	3.15x
2019-03-31	3.16x
2018-12-31	2.61x
2018-09-30	3.18x
2018-06-30	2.21x
2018-03-31	2.36x
2017-12-31	0.63x
2017-09-30	1.90x
2017-06-30	1.56x
2017-03-31	1.60x
2016-12-31	-1.53x
2016-09-30	1.34x
2016-06-30	1.79x
2016-03-31	1.64x
2015-12-31	0.56x
2015-09-30	1.47x
2015-06-30	2.20x
2015-03-31	1.66x
2014-12-31	0.47x
2014-09-30	2.31x
2014-06-30	2.25x
2014-03-31	2.25x
2013-12-31	-0.50x
2013-09-30	1.78x
2013-06-30	2.11x
2013-03-31	1.71x
2012-09-30	1.51x
2012-06-30	1.35x
2012-03-31	0.86x
2011-12-31	1.73x
2011-09-30	1.39x
2011-06-30	1.44x
2011-03-31	2.17x
2010-12-31	1.93x
2010-09-30	0.96x
2010-06-30	1.39x
2010-03-31	2.79x
2009-12-31	2.87x
2009-09-30	1.44x
2009-06-30	1.80x
2009-03-31	3.51x
2008-06-30	2.45x

DATE

INTEREST COVERAGE RATIO

2026-06-30

-3.83x

2026-03-31

3.15x

2025-12-31

3.12x

2025-09-30

2.42x

2025-06-30

2.81x

2025-03-31

3.08x

2024-12-31

2.82x

2024-09-30

2.63x

2024-06-30

3.02x

2024-03-31

3.27x

2023-12-31

3.16x

2023-09-30

3.53x

2023-06-30

2.86x

2023-03-31

3.33x

2022-12-31

3.05x

2022-09-30

3.42x

2022-06-30

3.66x

2022-03-31

3.30x

2021-12-31

3.05x

2021-09-30

2.58x

2021-06-30

2.82x

2021-03-31

6.91x

2020-12-31

2.32x

2020-09-30

0.43x

2020-06-30

2.31x

2020-03-31

0.10x

2019-12-31

2.91x

2019-09-30

3.21x

2019-06-30

3.15x

2019-03-31

3.16x

2018-12-31

2.61x

2018-09-30

3.18x

2018-06-30

2.21x

2018-03-31

2.36x

2017-12-31

0.63x

2017-09-30

1.90x

2017-06-30

1.56x

2017-03-31

1.60x

2016-12-31

-1.53x

2016-09-30

1.34x

2016-06-30

1.79x

2016-03-31

1.64x

2015-12-31

0.56x

2015-09-30

1.47x

2015-06-30

2.20x

2015-03-31

1.66x

2014-12-31

0.47x

2014-09-30

2.31x

2014-06-30

2.25x

2014-03-31

2.25x

2013-12-31

-0.50x

2013-09-30

1.78x

2013-06-30

2.11x

2013-03-31

1.71x

2012-09-30

1.51x

2012-06-30

1.35x

2012-03-31

0.86x

2011-12-31

1.73x

2011-09-30

1.39x

2011-06-30

1.44x

2011-03-31

2.17x

2010-12-31

1.93x

2010-09-30

0.96x

2010-06-30

1.39x

2010-03-31

2.79x

2009-12-31

2.87x

2009-09-30

1.44x

2009-06-30

1.80x

2009-03-31

3.51x

2008-06-30

2.45x

Interest Coverage Ratio: -3.83x

ET Interest Coverage Ratio

ET Average Interest Coverage Ratio Chart

ET Current vs Average Interest Coverage Ratio Chart

ET Interest Coverage Ratio Metrics

ET Competitors' Interest Coverage Ratio

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Interest Coverage Ratio Formula & Definition

Interest Coverage Ratio FAQ

ET Interest Coverage Ratio History

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