ETNEUTRAL

Debt-to-Equity Ratio

2.06x

Higher than 84% of Energy sector peers

Updated 1080h ago

Sector Performance

84th percentile

ET

2.06x

Sector Median

0.68x

Sector Avg

1.12x

📊

Deep Analysis

Energy Transfer LP has a debt-to-equity ratio of 2.06x, meaning the company uses $2.06 of debt for every $1 of shareholder equity — a measure of financial leverage.

This is well above the Energy sector median of 0.76x, placing the company in the 85th percentile among its sector peers, indicating a higher reliance on debt than most. The metric shows no available trend data: the year-over-year change, quarter-over-quarter change, and historical values over the last eight quarters are all listed as N/A. Because the current level is elevated relative to peers but no trend information exists, investors cannot assess whether leverage is increasing or decreasing, leaving the direction of risk unclear. This high debt load signals potential vulnerability to rising interest rates or earnings downturns, but without trend context it does not clearly point to a systemic deterioration. The ratio is consistent with the overall NEUTRAL verdict, as elevated leverage alone does not trigger a bullish or bearish stance when no trend data is present to confirm a shift.

Frequently Asked Questions

What does the Debt-to-Equity Ratio tell investors about ET?

Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.

How is the Debt-to-Equity Ratio calculated?

Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.

How does ET's Debt-to-Equity Ratio compare to its sector?

ET's Debt-to-Equity Ratio of 2.06x compares to a Energy sector median of 0.68x, placing it in the 84th percentile.

Who are ET's closest peers by Debt-to-Equity Ratio?

The closest Energy peers by Debt-to-Equity Ratio include: APA (0.68x), REI (0.68x), MTDR (0.62x), AR (0.59x), BKR (0.84x).

The Formula

Total Debt / Shareholders' Equity

Why It Matters

Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.

Master ET's Valuation

Get the complete institutional research report covering all fundamental and technical metrics.

View full ET research report

Free account — no credit card

ET

2.06x

Sector Median

0.68x

Sector Avg

1.12x

How ET's Debt-to-Equity Ratio compares to sector peers.

Not financial advice. Research tool only. Data may be delayed.