Energy Transfer LP (ET)
NYSE: ET · Real-Time Price · USD
20.24
+0.04 (0.20%)
At close: Jul 30, 2026, 4:00 PM EDT
20.26
+0.02 (0.09%)
After-hours: Jul 30, 2026, 6:11 PM EDT
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 | Mar '26 Mar 31, 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 | 92,287 | 85,536 | 82,671 | 78,586 | 89,876 | 67,417 |
Revenue Growth | 12.46% | 3.47% | 5.20% | -12.56% | 33.31% | 73.07% |
Gross Profit Gross Profit Growth | 23,214 | 22,041 | 20,696 | 18,045 | 17,644 | 17,022 |
Operating Income Operating Income Growth | 9,519 | 9,027 | 9,138 | 8,295 | 7,738 | 8,792 |
Net Income Net Income Growth | 4,112 | 4,173 | 4,394 | 3,469 | 4,330 | 5,179 |
Earnings Per Share EPS Growth | 1.20 | 1.21 | 1.28 | 1.09 | 1.40 | 1.89 |
EPS Growth | -9.09% | -5.47% | 17.43% | -22.14% | -25.93% | - |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 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 | 3,858 | 3,996 | 3,053 | 3,962 | 7,818 | 8,571 |
Interstate Transportation and Storage Interstate Transportation and Storage Growth | 2,458 | 2,445 | 2,296 | 2,375 | 2,251 | 1,841 |
Midstream Midstream Growth | 11,891 | 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 | 24,617 | 24,853 | 24,530 | 21,903 | 25,657 | 19,961 |
Crude Oil Transportation and Services Crude Oil Transportation and Services Growth | 28,028 | 26,478 | 28,539 | 26,536 | 25,982 | 17,446 |
Investment in Sunoco LP Investment in Sunoco LP Growth | 30,712 | 25,201 | 22,693 | 23,068 | 25,729 | 17,596 |
Investment in USAC Investment in USAC Growth | 1,084 | 998 | 950 | 846 | 705 | 633 |
All Other All Other Growth | 3,968 | 3,909 | 1,747 | 1,798 | 3,574 | 3,476 |
Eliminations Eliminations Growth | -14,329 | -14,847 | -12,336 | -12,308 | -18,941 | -13,423 |
Revenue (Total) Revenue (Total) Growth | 92,287 | 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 | Mar '26 Mar 31, 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 | 951 | 1,272 | 312 | 161 | 257 | 336 |
Total Debt Total Debt Growth | 71,106 | 70,093 | 60,557 | 53,222 | 49,105 | 50,563 |
Net Cash (Debt) Net Cash Growth | -70,155 | -68,821 | -60,245 | -53,061 | -48,848 | -50,227 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -20.31 | -19.95 | -17.61 | -16.70 | -15.79 | -18.33 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 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 | 10,610 | 10,149 | 11,506 | 9,555 | 9,051 | 11,162 |
Capital Expenditures CapEx Growth | -6,892 | -6,203 | -4,091 | -3,094 | -3,325 | -2,779 |
Free Cash Flow Free Cash Flow Growth | 3,718 | 3,946 | 7,415 | 6,461 | 5,726 | 8,383 |
Free Cash Flow Growth | -56.81% | -46.78% | 14.77% | 12.84% | -31.70% | 264.79% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 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 | 25.15% | 25.77% | 25.03% | 22.96% | 19.63% | 25.25% |
Operating Margin | 10.31% | 10.55% | 11.05% | 10.56% | 8.61% | 13.04% |
Pretax Margin | 6.94% | 7.08% | 8.60% | 7.12% | 6.76% | 10.19% |
Profit Margin | 6.46% | 6.67% | 7.94% | 6.74% | 6.53% | 9.92% |
FCF Margin | 4.03% | 4.61% | 8.97% | 8.22% | 6.37% | 12.43% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jul '26 Jul 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 |
Dividend Per Share Dividend Per Share Growth | 1.350 | 1.325 | 1.285 | 1.245 | 1.000 | 0.632 |
Dividend Per Share Growth | 3.07% | 3.11% | 3.21% | 24.50% | 58.10% | -30.87% |
Dividend Yield | 6.67% | 11.51% | 9.73% | 13.75% | 12.65% | 15.23% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jul '26 Jul 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 |
PE Ratio | 16.91 | 13.63 | 15.30 | 12.66 | 8.48 | 4.35 |
Forward PE | 13.72 | 11.19 | 15.13 | 10.88 | 8.26 | 6.22 |
P/FCF Ratio | 19.32 | 14.38 | 9.06 | 7.19 | 6.41 | 3.03 |
PS Ratio | 0.76 | 0.66 | 0.81 | 0.59 | 0.41 | 0.38 |