Energy Transfer LP (ET)
TXSE: ET · Real-Time Price · USD
18.92
+0.07 (0.38%)
At close: Nov 6, 2026, 4:00 PM EST
18.97
+0.05 (0.24%)
After-hours: Nov 6, 2026, 7:55 PM EST
Energy Transfer LP Financials Overview
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 | Sep '26 Sep 30, 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 |
Revenue Revenue Growth | 124,528 | 85,536 | 82,671 | 78,586 | 89,876 | 67,417 |
Revenue Growth | 56.13% | 3.47% | 5.20% | -12.56% | 33.31% | 73.07% |
Gross Profit Gross Profit Growth | 19,728 | 16,407 | 15,692 | 13,677 | 13,306 | 13,448 |
Operating Income Operating Income Growth | 11,693 | 9,312 | 9,190 | 8,307 | 8,124 | 8,813 |
Net Income Net Income Growth | 5,229 | 4,173 | 4,394 | 3,469 | 4,330 | 5,179 |
Earnings Per Share EPS Growth | 1.51 | 1.21 | 1.28 | 1.09 | 1.40 | 1.89 |
EPS Growth | 20.45% | -5.83% | 17.66% | -21.89% | -26.05% | - |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 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 |
Intrastate Transportation and Storage Intrastate Transportation and Storage Growth | 3,523 | 3,996 | 3,053 | 3,962 | 7,818 | 8,571 |
Interstate Transportation and Storage Interstate Transportation and Storage Growth | 2,477 | 2,445 | 2,296 | 2,375 | 2,251 | 1,841 |
Midstream Midstream Growth | 11,577 | 12,503 | 11,199 | 10,406 | 17,101 | 11,316 |
NGL and Refined Products Transportation and Services NGL and Refined Products Transportation and Services Growth | 26,395 | 24,853 | 24,530 | 21,903 | 25,657 | 19,961 |
Crude Oil Transportation and Services Crude Oil Transportation and Services Growth | 33,331 | 26,478 | 28,539 | 26,536 | 25,982 | 17,446 |
Investment in Sunoco LP Investment in Sunoco LP Growth | 39,581 | 25,201 | 22,693 | 23,068 | 25,729 | 17,596 |
Investment in USAC Investment in USAC Growth | 1,176 | 998 | 950 | 846 | 705 | 633 |
All Other All Other Growth | 3,597 | 3,909 | 1,747 | 1,798 | 3,574 | 3,476 |
Eliminations Eliminations Growth | -14,278 | -14,847 | -12,336 | -12,308 | -18,941 | -13,423 |
Revenue (Total) Revenue (Total) Growth | 107,379 | 85,536 | 82,671 | 78,586 | 89,876 | 67,417 |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 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 |
Cash & Investments Cash & Investments Growth | 926 | 1,272 | 312 | 161 | 257 | 336 |
Total Debt Total Debt Growth | 70,712 | 70,094 | 60,558 | 53,222 | 49,107 | 50,566 |
Net Cash (Debt) Net Cash Growth | -69,786 | -68,822 | -60,246 | -53,061 | -48,850 | -50,230 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -20.19 | -19.95 | -17.61 | -16.70 | -15.77 | -18.34 |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 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 |
Operating Cash Flow Operating Cash Flow Growth | 13,569 | 10,149 | 11,506 | 9,555 | 9,051 | 11,162 |
Capital Expenditures CapEx Growth | -7,311 | -6,303 | -4,164 | -3,134 | -3,381 | -2,822 |
Free Cash Flow Free Cash Flow Growth | 6,258 | 3,846 | 7,342 | 6,421 | 5,670 | 8,340 |
Free Cash Flow Growth | 24.83% | -47.62% | 14.34% | 13.25% | -32.01% | 273.82% |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 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 |
Gross Margin | 15.84% | 19.18% | 18.98% | 17.40% | 14.80% | 19.95% |
Operating Margin | 9.39% | 10.89% | 11.12% | 10.57% | 9.04% | 13.07% |
Pretax Margin | 6.60% | 7.08% | 8.60% | 7.12% | 6.76% | 10.19% |
Profit Margin | 4.20% | 4.88% | 5.32% | 4.41% | 4.82% | 7.68% |
FCF Margin | 5.03% | 4.50% | 8.88% | 8.17% | 6.31% | 12.37% |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Nov '26 Nov 9, 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 |
Dividend Per Share Dividend Per Share Growth | 1.370 | 1.325 | 1.285 | 1.245 | 1.000 | 0.632 |
Dividend Per Share Growth | 3.04% | 3.11% | 3.21% | 24.50% | 58.10% | -30.87% |
Dividend Yield | 7.24% | 8.05% | 6.57% | 9.66% | 8.44% | 7.69% |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Nov '26 Nov 9, 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 |
PE Ratio | 12.54 | 13.57 | 15.27 | 12.51 | 8.47 | 4.90 |
Forward PE | 11.38 | 11.19 | 15.13 | 10.88 | 8.26 | 6.22 |
P/FCF Ratio | 10.41 | 14.72 | 9.14 | 6.76 | 6.47 | 3.04 |
PS Ratio | 0.52 | 0.66 | 0.81 | 0.55 | 0.41 | 0.38 |