ET
Energy Transfer LP
Stock
$20.47+0.37 (+1.84%)Close Oct 2, 2026
Cash flow statement
| Line | Last 12 months | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $12.1B | $10.1B | $11.5B | $9.6B | $9.1B | $11.2B | $7.4B | $8.1B | $7.5B | $4.4B | $3.3B | $3.0B | $3.2B | $2.4B | $1.1B | $1.4B | $1.1B | $723M | $1.1B |
| Capital expenditures | $6.9B | $6.3B | $4.2B | $3.1B | $3.4B | $2.8B | $5.1B | $6.0B | $7.4B | $8.4B | $7.8B | $9.1B | $5.4B | $3.5B | $3.3B | $1.8B | $1.5B | $749M | $2.1B |
| Free cash flow | $5.2B | $3.8B | $7.3B | $6.4B | $5.7B | $8.3B | $2.2B | $2.1B | $99M | −$4.0B | −$4.4B | −$6.1B | −$2.2B | −$1.1B | −$2.2B | −$432M | −$422M | −$25M | −$911M |
| Stock-based compensation | $166M | $148M | $151M | $130M | $115M | $111M | $121M | $113M | $105M | $99M | $70M | $91M | $82M | $61M | $47M | $42M | $31M | $26M | $24M |
| Buybacks | — | — | — | $0 | $0 | $31M | $0 | $25M | $0 | $0 | $0 | $1.1B | $1.0B | $0 | $0 | — | — | — | — |
| Free cash flow margin | 4.9% | 4.5% | 8.9% | 8.2% | 6.3% | 12.4% | 5.7% | 3.9% | 0.2% | −9.9% | −14.0% | −16.9% | −4.0% | −2.2% | −12.9% | −5.3% | −6.4% | −0.5% | −9.8% |