Energy Transfer LP Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	78,211	81,288	77,525	89,049	66,696	38,368
Other Revenue	1,546	1,383	1,061	827	721	586
Revenue	79,757	82,671	78,586	89,876	67,417	38,954
Revenue Growth (YoY)	-4.67%	5.20%	-12.56%	33.31%	73.07%	-28.15%
Cost of Revenue	63,691	66,979	64,785	76,570	53,969	28,705
Gross Profit	16,066	15,692	13,801	13,306	13,448	10,249
Selling, General & Admin	1,261	1,337	1,109	1,018	818	711
Operating Expenses	6,826	6,502	5,494	5,182	4,635	4,389
Operating Income	9,240	9,190	8,307	8,124	8,813	5,860
Interest Expense	-3,371	-3,119	-2,542	-2,013	-2,206	-2,530
Earnings From Equity Investments	407	379	383	257	246	119
Other Non Operating Income (Expenses)	38	134	86	90	77	12
EBT Excluding Unusual Items	6,314	6,584	6,234	6,458	6,930	3,461
Impairment of Goodwill	-	-	-	-	-	-2,816
Gain (Loss) on Sale of Investments	-	-	-	-	-	-129
Gain (Loss) on Sale of Assets	-12	586	-	-	-	-
Asset Writedown	-10	-52	-12	-386	-21	-64
Legal Settlements	-	-	-627	-	-	-
Other Unusual Items	-32	-12	2	-	-38	-75
Pretax Income	6,260	7,106	5,597	6,072	6,871	377
Income Tax Expense	343	541	303	204	184	237
Earnings From Continuing Operations	5,917	6,565	5,294	5,868	6,687	140
Net Income to Company	5,917	6,565	5,294	5,868	6,687	140
Minority Interest in Earnings	-1,339	-1,755	-1,362	-1,116	-1,223	-787
Net Income	4,578	4,810	3,932	4,752	5,464	-647
Preferred Dividends & Other Adjustments	265	416	463	422	285	-
Net Income to Common	4,313	4,394	3,469	4,330	5,179	-647
Net Income Growth	-9.53%	22.33%	-17.26%	-13.03%	-	-
Shares Outstanding (Basic)	3,431	3,395	3,162	3,087	2,734	2,696
Shares Outstanding (Diluted)	3,455	3,421	3,177	3,097	2,740	2,696
Shares Change (YoY)	2.33%	7.66%	2.59%	13.05%	1.63%	2.20%
EPS (Basic)	1.26	1.29	1.10	1.40	1.89	-0.24
EPS (Diluted)	1.25	1.28	1.09	1.40	1.89	-0.24
EPS Growth	-7.88%	17.66%	-21.89%	-26.05%	-	-
Free Cash Flow	5,013	7,342	6,421	5,670	8,340	2,231
Free Cash Flow Per Share	1.45	2.15	2.02	1.83	3.04	0.83
Dividend Per Share	1.315	1.285	1.245	1.000	0.632	0.915
Dividend Growth	3.14%	3.21%	24.50%	58.10%	-30.87%	-25.00%
Gross Margin	20.14%	18.98%	17.56%	14.80%	19.95%	26.31%
Operating Margin	11.58%	11.12%	10.57%	9.04%	13.07%	15.04%
Profit Margin	5.41%	5.32%	4.41%	4.82%	7.68%	-1.66%
Free Cash Flow Margin	6.29%	8.88%	8.17%	6.31%	12.37%	5.73%
EBITDA	14,805	14,355	12,692	12,288	12,630	9,538
EBITDA Margin	18.56%	17.36%	16.15%	13.67%	18.73%	24.48%
D&A For EBITDA	5,565	5,165	4,385	4,164	3,817	3,678
EBIT	9,240	9,190	8,307	8,124	8,813	5,860
EBIT Margin	11.58%	11.12%	10.57%	9.04%	13.07%	15.04%
Effective Tax Rate	5.48%	7.61%	5.41%	3.36%	2.68%	62.87%
Revenue as Reported	79,757	82,671	78,586	89,876	67,417	38,954

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q