Energy Transfer LP Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	5,964	5,708	6,565	5,294	5,868	6,687
Depreciation & Amortization	5,898	5,682	5,165	4,385	4,164	3,817
Stock-Based Compensation	153	148	151	130	115	111
Other Adjustments	233	587	-179	197	406	32
Changes in Other Operating Activities	-1,638	-1,976	-196	-451	-1,502	515
Operating Cash Flow	10,610	10,149	11,506	9,555	9,051	11,162
Operating Cash Flow Growth	-0.39%	-11.79%	20.42%	5.57%	-18.91%	51.64%
Capital Expenditures	-6,892	-6,203	-4,091	-3,094	-3,325	-2,779
Sale of Property, Plant & Equipment	-	30	1,011	38	380	45
Purchases of Investments	-31	-10	-206	-6	-	-4
Proceeds from Sale of Investments	80	61	75	63	62	167
Cash Acquisitions	-577	-2,261	-2,732	-1,329	-1,141	-205
Proceeds from Business Divestments	-	-	1,014	-	-	-
Other Investing Activities	196	161	-19	100	120	207
Investing Cash Flow	-9,709	-8,373	-5,904	-4,325	-4,022	-2,775
Long-Term Debt Issued	34,494	32,870	34,150	32,130	28,838	21,267
Long-Term Debt Repaid	-29,148	-28,052	-30,158	-31,416	-29,681	-27,318
Net Long-Term Debt Issued (Repaid)	5,346	4,818	3,992	714	-843	-6,051
Issuance of Common Stock	28	27	638	5	405	226
Repurchase of Common Stock	-	-	-	-	-	-31
Net Common Stock Issued (Repurchased)	28	27	638	5	405	195
Issuance of Preferred Stock	-	1,473	-	-	-	889
Repurchase of Preferred Stock	-	-500	-3,466	-	-	-
Net Preferred Stock Issued (Repurchased)	-	973	-3,466	-	-	889
Common Dividends Paid	-6,634	-6,515	-6,470	-5,998	-4,643	-3,434
Other Financing Activities	-1,962	-1,882	-2,105	-1,790	-1,218	-1,327
Financing Cash Flow	-403	-816	-5,451	-5,326	-5,108	-8,418
Net Cash Flow	498	960	151	-96	-79	-31
Free Cash Flow	3,718	3,946	7,415	6,461	5,726	8,383
Free Cash Flow Growth	-56.81%	-46.78%	14.77%	12.84%	-31.70%	264.79%
FCF Margin	4.03%	4.61%	8.97%	8.22%	6.37%	12.43%
Free Cash Flow Per Share	1.08	1.14	2.17	2.03	1.85	3.06
Levered Free Cash Flow	6,826	6,494	9,264	5,023	2,824	681
Unlevered Free Cash Flow	6,227	6,008	9,320	8,686	6,815	10,110

SEC Filings: 10-K · 10-Q