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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

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Revenue
37,10334,33427,77125,32019,95419,24221,02019,54120,77220,72921,62920,53220,73918,32018,99520,50122,93925,94520,49118,657
Revenue Growth
85.94%78.43%32.12%29.57%-3.94%-7.17%-2.82%-4.83%0.16%13.15%13.87%0.15%-9.59%-29.39%-7.30%9.88%37.66%71.81%20.57%85.94%
Gross Profit
4,7875,5704,9274,4443,8603,9534,1504,1033,8023,8933,8943,7323,5753,1343,3603,1943,4503,3703,4043,051
Operating Income
2,7833,5742,9832,3532,1522,3122,4952,2812,1812,3482,3802,1652,2341,8452,0631,8062,0592,1132,1461,699
Net Income
1,1402,0271,1948689591,0911,2551,0081,1151,1821,0891,2034667971,0031,0498991,2201,162820
Earnings Per Share
0.330.590.350.250.280.320.360.290.320.350.320.370.150.250.320.340.290.390.370.29
EPS Growth
18.13%85.25%-3.60%-15.25%-12.70%-8.63%12.17%-20.03%117.99%39.15%0.29%8.09%-49.38%-35.90%-14.54%16.69%47.75%97.02%-69.05%53.62%

Revenue by Segment
Chart
Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Intrastate Transportation and Storage
5961,1569028699311,2948206786379188929738071,2901,6002,3832,2031,6321,5051,217
Interstate Transportation and Storage
609634631603590621600575519602620571550634606549530566491418
Midstream
2,8213,0442,7202,9923,1353,6563,1602,7582,5072,7742,4072,7772,4682,7543,2554,8715,0503,9253,5262,919
NGL and Refined Products Transportation and Services
7,7196,6736,1505,8535,9416,9096,3565,8535,7956,5266,0395,2605,0015,6035,7486,0757,5576,2776,1875,262
Crude Oil Transportation and Services
11,0517,7588,4796,0435,7486,2086,2207,3097,3727,6387,2147,2895,9536,0806,3406,4167,3005,9264,9484,578
Investment in Sunoco LP
14,25910,6908,6006,0325,3905,1795,2695,7516,1735,4995,6416,3205,7455,3625,9186,5947,8155,4024,9544,779
Investment in USAC
342331252251250245245240236229225217207197191179172163160159
All Other
5651,0541,0559239369956073792964664114443995448131,084962715692696
Eliminations
-3,628-3,569-3,469-3,612-3,679-4,087-3,736-2,771-2,806-3,023-2,917-3,112-2,810-3,469-3,970-5,212-5,644-4,115-3,806-3,364
Revenue (Total)
34,33427,77125,32019,95419,24221,02019,54120,77220,72921,62920,53220,73918,32018,99520,50122,93925,94520,49118,65716,664

Cash & Debt
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Cash & Investments
9261,0209511,2723,5742424533122996501,9461615143303302573263531,111336
Total Debt
70,71270,24171,10670,09463,97461,57660,60760,55860,06558,43254,22753,22248,90148,96248,06749,10748,25248,95150,33050,566
Net Cash (Debt)
-69,786-69,221-70,155-68,822-60,400-61,334-60,154-60,246-59,766-57,782-52,281-53,061-48,387-48,632-47,737-48,850-47,926-48,598-49,219-50,230
Net Cash Growth
--------------------
Net Cash Per Share
-20.13-19.99-20.29-19.95-17.48-17.76-17.42-17.46-17.37-17.02-15.42-16.10-15.28-15.45-15.32-15.74-15.42-15.65-15.87-17.75

Cash Flow & CapEx
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Operating Cash Flow
4,0224,2713,3781,8982,5722,7622,9172,5902,8742,2703,7721,2962,3732,5363,3501,3382,9892,3542,3701,739
Capital Expenditures
-1,884-1,564-1,916-1,947-1,473-1,659-1,224-1,472-1,086-811-795-704-701-876-853-888-1,035-706-752-776
Free Cash Flow
2,1382,7071,462-491,0991,1031,6931,1181,7881,4592,9775921,6721,6602,4974501,9541,6481,618963
Free Cash Flow Growth
94.54%145.42%-13.64%--38.54%-24.40%-43.13%88.85%6.94%-12.11%19.22%31.56%-14.43%0.73%54.33%-53.27%18.71%29.36%-63.70%19.48%

Margins
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Gross Margin
12.90%16.22%17.74%17.55%19.34%20.54%19.74%21.00%18.30%18.78%18.00%18.18%17.24%17.11%17.69%15.58%15.04%12.99%16.61%16.35%
Operating Margin
7.50%10.41%10.74%9.29%10.79%12.02%11.87%11.67%10.50%11.33%11.00%10.54%10.77%10.07%10.86%8.81%8.98%8.14%10.47%9.11%
Pretax Margin
5.39%7.93%7.60%5.45%6.91%7.99%8.38%8.10%7.33%10.70%8.23%7.86%5.42%7.32%7.99%7.23%6.12%6.58%7.21%6.33%
Profit Margin
3.07%5.90%4.30%3.43%4.81%5.67%5.97%5.16%5.37%5.70%5.04%5.86%2.25%4.35%5.28%5.12%3.92%4.70%5.67%4.40%
FCF Margin
5.76%7.88%5.26%-0.19%5.51%5.73%8.05%5.72%8.61%7.04%13.76%2.88%8.06%9.06%13.15%2.20%8.52%6.35%7.90%5.16%

Dividends
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Dividend Per Share
0.3430.3400.3380.3350.3330.3300.3280.3250.3230.3200.3180.3150.3130.3100.3070.3050.2650.2300.2000.175
Dividend Per Share Growth
3.01%3.03%3.05%3.08%3.10%3.13%3.15%3.17%3.20%3.23%3.25%3.28%17.93%34.78%53.75%74.29%73.77%50.82%31.15%14.75%
Dividend Yield
6.86%7.04%6.92%8.05%7.66%7.20%6.97%6.57%7.95%7.80%7.98%9.66%8.80%9.36%8.88%8.44%7.89%7.59%6.08%7.69%

Valuation
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
PE Ratio
13.0213.0316.1513.5713.6613.9213.9915.2711.9713.8814.9012.5113.3110.649.258.478.308.2411.294.90
Forward PE
11.9912.8212.6911.1912.0213.5812.6915.1311.6211.0510.2410.8811.3410.478.018.267.656.978.106.22
P/FCF Ratio
10.8812.6118.37-11.7510.9110.539.148.068.167.686.767.036.085.896.475.515.246.273.04
PS Ratio
0.550.610.720.660.740.770.780.810.660.650.650.550.560.490.440.410.390.380.490.38