ENERGY TRANSFER LP — Cash Flow Charts
9 quarters of history · ending 2025-12-31 · SEC EDGAR
Source:10-K · 10-Q
Capital Allocation
How management deploys cash: investing in the business (Capex + M&A) vs returning to shareholders (Buybacks + Dividends).
Capital Allocation Waterfall
Buybacks vs Stock-Based Comp
Net Debt Issuance
Cash Flow
Cash Flow by Activity
Operating Cash Flow↓-26.7% -$692M
$1.90B
Free Cash Flow↓-120.1% -$1.34B
$-225M
Investing Cash Flow
$-1.20B
Financing Cash Flow↑+3778.0% +$2.23B
$2.29B
Capex↑+44.2% +$651M
$2.12B
Acquisitions
$526M
Stock Buybacks
—
Stock-Based Comp↑+0.0% +$0
$38M
Debt Issued↓-20.8% -$1.57B
$6.00B
Debt Repaid↑+75.1% +$3.58B
$8.34B
D&A↑+26.7% +$517M
$2.46B
Δ Working Capital↑+286.8% +$1.11B
$1.49B
SBC Allocated Expense↑+0.0% +$0
$38M