ENERGY TRANSFER LP (ET) Spending and interest coverage
- R&D / revenue · 12 months: Value (m); Formula and calculation Research and development expense / revenue. Period ending 2026-06-30..
- Stock-based compensation / revenue · 12 months: Value 0.15%; Formula and calculation Share-based compensation / revenue. Period ending 2026-06-30..
- Interest coverage · 12 months: Value 2.93×; Formula and calculation Operating income ÷ reported interest expense..
Spending and interest coverage
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| R&D / revenue · 12 months | (m) | Research and development expense / revenue. Period ending 2026-06-30. Calculation unavailable: missing inputs remain (m). |
| Stock-based compensation / revenue · 12 months | 0.15% | Share-based compensation / revenue. Period ending 2026-06-30. $166.00M ÷ $107.38B × 100 ≈ 0.15% |
| Interest coverage · 12 months | 2.93× | Operating income ÷ reported interest expense. $10.78B ÷ $3.68B ≈ 2.93× |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Research and development spending | (m) | |
| Revenue | 107.38B USD | |
| Stock-based compensation | 166.00M USD | Share-based Payment Arrangement, Noncash Expense |
| Operating income | 10.78B USD | Operating Income (Loss) |
| Interest expense · reported / estimated | 3.68B USD | Interest Expense · Estimated expense assumptions |
Latest interest expense basis: Reported. Estimated values carry *; expand each history row’s basis for its dated balances and rate assumptions.
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Research and development spending (USD) | Revenue (USD) | Stock-based compensation (USD) | Operating income (USD) | Interest expense · reported / estimated (USD) | R&D / revenue | SBC / revenue | Interest coverage | Interest expense basis |
|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | (m) | $107.38B | $166.00M | $10.78B | $3.68B | (m) | 0.15% | 2.93× | Reported |
| 2026-03-31 | (m) | $92.29B | $153.00M | $9.52B | $3.61B | (m) | 0.17% | 2.64× | Reported |
| 2025-12-31 | (m) | $85.54B | $148.00M | $9.03B | $3.47B | (m) | 0.17% | 2.60× | Reported |
| 2025-09-30 | (m) | $79.76B | $148.00M | $9.23B | $3.37B | (m) | 0.19% | 2.74× | Reported |
| 2025-06-30 | (m) | $80.58B | $145.00M | $9.26B | $3.31B | (m) | 0.18% | 2.80× | Reported |
| 2025-03-31 | (m) | $82.06B | $142.00M | $9.25B | $3.21B | (m) | 0.17% | 2.88× | Reported |
| 2024-12-31 | (m) | $82.67B | $151.00M | $9.14B | $3.13B | (m) | 0.18% | 2.92× | Reported |
| 2024-09-30 | (m) | $83.66B | $144.00M | $9.02B | $3.00B | (m) | 0.17% | 3.00× | Reported |
| 2024-06-30 | (m) | $83.63B | $142.00M | $9.08B | $2.81B | (m) | 0.17% | 3.23× | Reported |
| 2024-03-31 | (m) | $81.22B | $139.00M | $8.61B | $2.69B | (m) | 0.17% | 3.21× | Reported |
| 2023-12-31 | (m) | $78.59B | $130.00M | $8.29B | $2.58B | (m) | 0.17% | 3.22× | Reported |
| 2023-09-30 | (m) | $78.56B | $126.00M | $7.94B | $2.48B | (m) | 0.16% | 3.19× | Reported |
| 2023-06-30 | (m) | $80.75B | $118.00M | $7.68B | $2.43B | (m) | 0.15% | 3.16× | Reported |
| 2023-03-31 | (m) | $88.38B | $116.00M | $7.95B | $2.37B | (m) | 0.13% | 3.36× | Reported |
| 2022-12-31 | (m) | $89.88B | $115.00M | $7.74B | $2.31B | (m) | 0.13% | 3.36× | Reported |
| 2022-09-30 | (m) | $88.03B | $118.00M | $7.62B | $2.27B | (m) | 0.13% | 3.36× | Reported |
| 2022-06-30 | (m) | $81.76B | $117.00M | $7.08B | $2.25B | (m) | 0.14% | 3.15× | Reported |
| 2022-03-31 | (m) | $70.91B | $119.00M | $6.57B | $2.24B | (m) | 0.17% | 2.94× | Reported |
| 2021-12-31 | (m) | $67.42B | $111.00M | $8.79B | $2.27B | (m) | 0.16% | 3.88× | Reported |
| 2021-09-30 | (m) | $58.79B | $109.00M | $8.44B | $2.29B | (m) | 0.19% | 3.69× | Reported |
| 2021-06-30 | (m) | $52.09B | $113.00M | $7.25B | $2.30B | (m) | 0.22% | 3.15× | Reported |
| 2021-03-31 | (m) | $44.32B | $127.00M | $6.99B | $2.31B | (m) | 0.29% | 3.02× | Reported |
| 2020-12-31 | (m) | $38.95B | $121.00M | $2.98B | $2.33B | (m) | 0.31% | 1.28× | Reported |
| 2020-09-30 | (m) | $42.64B | $121.00M | $10.48B | $2.33B | (m) | 0.28% | 4.49× | Reported |
| 2020-06-30 | (m) | $46.18B | $118.00M | $4.92B | $2.34B | (m) | 0.26% | 2.10× | Reported |
| 2020-03-31 | (m) | $52.72B | $106.00M | $5.40B | $2.34B | (m) | 0.20% | 2.30× | Reported |
| 2019-12-31 | (m) | $54.21B | $113.00M | $7.28B | $2.33B | (m) | 0.21% | 3.12× | Reported |
| 2019-09-30 | (m) | $54.07B | $108.00M | $7.00B | $2.29B | (m) | 0.20% | 3.05× | Reported |
| 2019-06-30 | (m) | $55.09B | $108.00M | $6.87B | $2.25B | (m) | 0.20% | 3.06× | Reported |
| 2019-03-31 | (m) | $55.33B | $111.00M | $6.17B | $2.18B | (m) | 0.20% | 2.83× | Reported |
| 2018-12-31 | (m) | $54.09B | $105.00M | $5.35B | $2.06B | (m) | 0.19% | 2.60× | Reported |
| 2018-09-30 | (m) | $51.97B | $105.00M | $4.21B | $1.99B | (m) | 0.20% | 2.11× | Reported |
| 2018-06-30 | (m) | $47.44B | $107.00M | $3.44B | $1.95B | (m) | 0.23% | 1.77× | Reported |
| 2018-03-31 | (m) | $42.74B | $95.00M | $3.06B | $1.92B | (m) | 0.22% | 1.60× | Reported |
| 2017-12-31 | (m) | $40.52B | $99.00M | $2.71B | $1.92B | (m) | 0.24% | 1.41× | Reported |
| 2017-09-30 | (m) | $36.51B | $100.00M | $2.27B | $1.94B | (m) | 0.27% | 1.17× | Reported |
| 2017-06-30 | (m) | $42.15B | $94.00M | $1.52B | $1.94B | (m) | 0.22% | 0.78× | Reported |
| 2017-03-31 | (m) | $41.06B | $96.00M | $1.52B | $1.89B | (m) | 0.23% | 0.81× | Reported |
| 2016-12-31 | (m) | $37.50B | $70.00M | $1.50B | $1.83B | (m) | 0.19% | 0.82× | Reported |
| 2016-09-30 | (m) | $36.24B | $69.00M | $2.46B | $1.78B | (m) | 0.19% | 1.38× | Reported |
| 2016-06-30 | (m) | $37.18B | $66.00M | $2.41B | $1.74B | (m) | 0.18% | 1.39× | Reported |
| 2016-03-31 | (m) | $39.43B | $69.00M | $2.48B | $1.70B | (m) | 0.18% | 1.46× | Reported |
| 2015-12-31 | (m) | $42.13B | $91.00M | $2.40B | $1.64B | (m) | 0.22% | 1.46× | Reported |
| 2015-09-30 | (m) | $46.07B | $90.00M | $2.33B | $1.57B | (m) | 0.20% | 1.48× | Reported |
| 2015-06-30 | (m) | $50.44B | $90.00M | $2.50B | $1.49B | (m) | 0.18% | 1.68× | Reported |
| 2015-03-31 | (m) | $52.99B | $85.00M | $2.38B | $1.43B | (m) | 0.16% | 1.67× | Reported |
| 2014-12-31 | (m) | $55.69B | $82.00M | $2.47B | $1.37B | (m) | 0.15% | 1.80× | Reported |
| 2014-09-30 | (m) | $54.82B | $78.00M | $2.15B | $1.32B | (m) | 0.14% | 1.63× | Reported |
| 2014-06-30 | (m) | $52.32B | $74.00M | $1.86B | $1.26B | (m) | 0.14% | 1.47× | Reported |
| 2014-03-31 | (m) | $50.24B | $65.00M | $1.73B | $1.23B | (m) | 0.13% | 1.41× | Reported |
| 2013-12-31 | (m) | $48.34B | $61.00M | $1.55B | $1.22B | (m) | 0.13% | 1.27× | Reported |
| 2013-09-30 | (m) | $47.04B | $56.00M | $2.16B | $1.20B | (m) | 0.12% | 1.80× | Reported |
| 2013-06-30 | (m) | $36.66B | $50.00M | $1.99B | $1.14B | (m) | 0.14% | 1.75× | Reported |
| 2013-03-31 | (m) | $26.47B | $51.00M | $1.71B | $1.11B | (m) | 0.19% | 1.53× | Reported |
| 2012-12-31 | (m) | $16.96B | $47.00M | $1.36B | $1.02B | (m) | 0.28% | 1.34× | Reported |
| 2012-09-30 | (m) | $8.03B | $42.16M | $1.27B | $928.98M | (m) | 0.53% | 1.36× | Reported |
| 2012-06-30 | (m) | $7.94B | $42.83M | $1.17B | $884.95M | (m) | 0.54% | 1.32× | Reported |
| 2012-03-31 | (m) | $7.94B | $42.95M | $1.05B | $785.21M | (m) | 0.54% | 1.34× | Reported |
| 2011-12-31 | (m) | $8.24B | $42.18M | $1.23B | $739.81M | (m) | 0.51% | 1.67× | Reported |
| 2011-09-30 | (m) | $7.84B | $40.86M | $1.21B | $707.53M | (m) | 0.52% | 1.71× | Reported |
| 2011-06-30 | (m) | $7.33B | $37.18M | $1.14B | $723.63M | (m) | 0.51% | 1.58× | Reported |
| 2011-03-31 | (m) | $6.72B | (m) | $1.06B | $671.14M | (m) | (m) | 1.58× | Reported |
| 2010-12-31 | (m) | $6.60B | $29.92M | $1.04B | $624.89M | (m) | 0.45% | 1.66× | Reported |
| 2010-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2010-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2010-03-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2009-12-31 | (m) | $5.42B | $24.58M | $1.11B | $468.42M | (m) | 0.45% | 2.37× | Reported |
| 2009-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2009-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2008-12-31 | (m) | $9.29B | $24.30M | $1.10B | $357.54M | (m) | 0.26% | 3.07× | Reported |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.
Similar stocks
| Stock Name | Country | Market Cap | PE Ratio |
|---|---|---|---|
| KINDER MORGAN, INC. (KMI) | United States | $69.588B | 20.51 |
| Targa Resources Corp. (TRGP) | United States | $60.713B | 25.34 |
| WILLIAMS COMPANIES, INC. (WMB) | United States | $86.356B | 29.59 |
| Western Midstream Partners, LP (WES) | United States | $17.850B | 13.27 |
| DT Midstream, Inc. (DTM) | United States | $12.725B | 31.07 |
| Antero Midstream Corp (AM) | United States | $10.077B | 27.03 |
| Archrock, Inc. (AROC) | United States | $5.379B | 21.71 |
| Kodiak Gas Services, Inc. (KGS) | United States | $5.341B | 94.30 |
| USA Compression Partners, LP (USAC) | United States | $3.703B | 26.15 |
| NGL Energy Partners LP (NGL) | United States | $1.917B | -15.46 |