Energy Transfer (ET) Financials: History & Chart

Energy Transfer LP (ET)ETEnergy Transfer LP

About Energy Transfer LP

Energy Transfer LP functions as a comprehensive provider of energy infrastructure and associated services. The company operates extensive natural gas networks, including approximately 11,600 miles of intrastate transportation pipelines and an additional 19,830 miles dedicated to interstate transport. Its natural gas storage capabilities encompass three facilities in Texas and another two spanning Texas and Oklahoma. Energy Transfer supplies natural gas to a diverse range of customers, such as electric utilities, independent power producers, local distribution companies, other marketing firms, and various industrial end-users. Beyond transportation, the firm manages substantial infrastructure for gathering, processing, treating, and conditioning natural gas and natural gas liquids (NGLs) across a broad geographic area that includes Texas, New Mexico, West Virginia, Pennsylvania, Ohio, Oklahoma, Arkansas, Kansas, and Louisiana. This infrastructure also covers natural gas gathering systems in Ohio, and integrated natural gas gathering, oil pipeline, and oil stabilization facilities situated in South Texas. Additionally, the company provides water transport and supply services to natural gas producers in Pennsylvania. In the NGL sector, Energy Transfer possesses approximately 5,215 miles of NGL pipelines, along with facilities for NGL and propane fractionation. Its NGL storage solutions include facilities with a working capacity of around 50 million barrels (MMBbls), supplemented by additional storage assets and terminals totaling about 17 MMBbls. The company is actively involved in the transportation, terminalling, acquisition, and marketing of crude oil, as well as the distribution of refined petroleum products like gasoline, middle distillates, and motor fuels. Complementing these primary operations, Energy Transfer offers specialized services such as natural gas compression, removal of carbon dioxide and hydrogen sulfide, natural gas cooling, dehydration, and British thermal unit (BTU) management. Furthermore, its operations extend to managing coal and other natural resource properties, selling standing timber, leasing coal-related infrastructure, collecting oil and gas royalties, and generating electrical power. Established in 1996 and headquartered in Dallas, Texas, the company officially adopted its current name, Energy Transfer LP, in October 2018, having previously been known as Energy Transfer Equity, L.P.

Dallas, TX

22,311 employees

energytransfer.com

Energy / Oil & Gas Midstream

Sector: Energy
Industry: Oil & Gas Midstream
CEO: Marshall S. McCrea

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Financials

SEC Filings

Quarterly Income Statement (USD)

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Quarterly Report	TTM	Quarter ended Jun 2026	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024
Revenue	104.47B	34.33B	27.77B	22.41B	19.95B	19.24B	21.02B	19.54B	20.77B
Cost of Goods Sold	79.28B	26.94B	21.15B	16.63B	14.56B	16.56B	16.87B	15.44B	16.97B
Gross Profit	25.19B	7.40B	6.62B	5.78B	5.39B	2.69B	4.15B	4.10B	3.80B
Gross Profit Margin	24.1%	21.5%	23.8%	25.8%	27.0%	14.0%	19.7%	21.0%	18.3%
Total Operating Expenses	14.11B	3.82B	3.64B	3.41B	3.24B	257.00M	1.66B	1.82B	1.62B
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	3.31B	421.00M	2.42B	205.00M	268.00M	257.00M	288.00M	448.00M	297.00M
Operating Income (EBIT)	11.08B	3.57B	2.98B	2.37B	2.15B	2.43B	2.49B	2.28B	2.18B
Operating Margin	10.6%	10.4%	10.7%	10.6%	10.8%	12.6%	11.9%	11.7%	10.5%
Income Before Tax (EBT)	7.82B	2.72B	2.11B	1.61B	1.38B	1.54B	1.76B	1.58B	1.52B
Interest Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	3.53B	934.00M	947.00M	760.00M	890.00M	865.00M	809.00M	807.00M	828.00M
Other Income/Expense	-3.25B	-850.00M	-872.00M	-760.00M	-772.00M	-891.00M	-730.00M	-696.00M	-658.00M
Net Income	6.26B	2.53B	1.25B	1.46B	1.02B	1.10B	1.32B	1.08B	1.18B
Income Tax Expense	431.00M	194.00M	135.00M	15.00M	87.00M	79.00M	41.00M	136.00M	89.00M
Net Profit Margin	6.0%	7.4%	4.5%	6.5%	5.1%	5.7%	6.3%	5.5%	5.7%
EBITDA	15.23B	3.57B	4.57B	3.50B	3.59B	3.81B	3.86B	3.65B	3.50B
EBITDA Margin	14.6%	10.4%	16.4%	15.6%	18.0%	19.8%	18.4%	18.7%	16.9%
Depreciation & Amortization	4.15B	0.00	1.58B	1.13B	1.44B	1.38B	1.37B	1.37B	1.32B
EPS Basic	1.63	0.61	0.35	0.40	0.27	0.32	0.37	0.29	0.33
EPS Diluted	1.62	0.60	0.35	0.40	0.27	0.32	0.36	0.29	0.32
Shares Outstanding	3.44B	3.44B	3.44B	3.65B	3.64B	3.43B	3.43B	3.43B	3.42B
Diluted Shares Outstanding	3.46B	3.46B	3.46B	3.65B	3.64B	3.45B	3.45B	3.45B	3.44B

Annual Income Statement (USD)

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Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	82.63B	82.67B	78.59B	89.88B	67.42B	38.95B	54.21B	54.09B
Cost of Goods Sold	64.62B	66.98B	64.78B	76.57B	53.97B	28.70B	43.09B	44.69B
Gross Profit	18.01B	15.69B	13.80B	13.31B	13.45B	10.25B	11.12B	9.39B
Gross Profit Margin	21.8%	19.0%	17.6%	14.8%	19.9%	26.3%	20.5%	17.4%
Total Operating Expenses	8.57B	6.55B	5.51B	5.57B	4.66B	7.27B	3.92B	3.99B
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	1.02B	1.34B	1.11B	1.02B	818.00M	711.00M	694.00M	702.00M
Operating Income (EBIT)	9.44B	9.14B	8.29B	7.74B	8.79B	2.98B	7.20B	5.40B
Operating Margin	11.4%	11.1%	10.6%	8.6%	13.0%	7.7%	13.3%	10.0%
Income Before Tax (EBT)	6.29B	7.11B	5.60B	6.07B	6.87B	377.00M	5.02B	3.63B
Interest Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	3.32B	3.13B	2.58B	2.31B	2.27B	2.33B	2.33B	2.06B
Other Income/Expense	-3.15B	-2.03B	-2.70B	-1.67B	-1.92B	-2.60B	-2.18B	-1.77B
Net Income	4.90B	4.81B	3.94B	4.76B	5.47B	-648.00M	3.52B	1.69B
Income Tax Expense	222.00M	541.00M	303.00M	204.00M	184.00M	237.00M	195.00M	4.00M
Net Profit Margin	5.9%	5.8%	5.0%	5.3%	8.1%	-1.7%	6.5%	3.1%
EBITDA	14.76B	14.30B	12.68B	11.90B	12.61B	6.66B	10.35B	8.26B
EBITDA Margin	17.9%	17.3%	16.1%	13.2%	18.7%	17.1%	19.1%	15.3%
Depreciation & Amortization	5.32B	5.17B	4.38B	4.16B	3.82B	3.68B	3.15B	2.86B
EPS Basic	1.36	1.29	1.10	1.40	1.89	-0.24	1.34	1.19
EPS Diluted	1.35	1.28	1.09	1.40	1.89	-0.24	1.33	1.16
Shares Outstanding	3.65B	3.40B	3.16B	3.09B	2.73B	2.70B	2.63B	1.42B
Diluted Shares Outstanding	3.65B	3.42B	3.18B	3.10B	2.74B	2.70B	2.64B	1.46B

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.