ET

Energy Transfer LP
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ET

Arincen60/100B

Energy Transfer LP income statement 2004–2026

124.53B USD over the last twelve months, and 85.54B USD in fiscal year 2025.

Revenue Operating income Net income

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Fiscal year
TTM
30 Sept 2026
FY2025
31 Dec 2025
FY2024
31 Dec 2024
FY2023
31 Dec 2023
FY2022
31 Dec 2022
FY2021
31 Dec 2021
FY2020
31 Dec 2020
FY2019
31 Dec 2019
FY2018
31 Dec 2018
FY2017
31 Dec 2017
FY2016
31 Dec 2016
Revenue
124.53B85.54B82.67B78.59B89.88B67.42B38.95B54.21B54.09B40.52B37.50B
Revenue growth
+56.13%+3.47%+5.20%-12.56%+33.31%+73.07%-28.15%+0.23%+33.47%+8.05%-10.97%
Cost of revenue
98.63B64.62B66.98B64.79B76.57B53.97B28.71B43.10B44.69B33.61B25.89B
Gross profit
22.99B18.01B15.69B13.80B13.31B13.45B10.25B11.12B9.40B6.91B5.90B
Gross margin
18.46%21.05%18.98%17.56%14.80%19.95%26.31%20.51%17.37%17.06%15.73%
Selling, general and administrative
3.45B1.02B1.34B1.11B1.02B818.00M711.00M694.00M702.00M599.00M791.00M
Operating expenses
11.57B8.98B6.55B5.51B5.57B4.66B7.27B3.92B3.99B4.19B4.05B
11.41B9.03B9.14B8.30B7.74B8.79B2.98B7.20B5.40B2.71B1.85B
Operating income growth
+23.66%-1.21%+10.16%+7.20%-11.99%+195.03%-58.63%+33.31%+99.15%+46.57%-19.06%
Operating margin
9.17%10.55%11.05%10.56%8.61%13.04%7.65%13.29%9.99%6.70%4.94%
Interest expense
3.59B3.32B3.13B2.58B2.31B2.27B2.33B2.33B2.06B1.92B1.80B
Other non-operating income
-3.26B-3.15B-2.03B-2.70B-1.67B-1.92B-2.60B-2.18B-1.77B-2.01B-1.65B
Pretax income
8.45B6.29B7.11B5.60B6.07B6.87B377.00M5.02B3.63B710.00M-176.00M
Income tax
531.00M222.00M541.00M303.00M204.00M184.00M237.00M195.00M4.00M-1.83B-217.00M
Effective tax rate
6.29%3.53%7.61%5.41%3.36%2.68%62.86%3.88%0.11%-258.17%—
5.48B4.43B4.81B3.94B4.76B5.47B-648.00M3.52B1.69B954.00M995.00M
Net income growth
+19.51%-7.91%+22.34%-17.26%-13.05%—-118.42%+107.67%+77.57%-4.12%-16.32%
Net margin
4.40%5.18%5.82%5.01%5.29%8.11%-1.66%6.49%3.13%2.35%2.65%
Basic shares
3.49B3.65B3.40B3.16B3.09B2.73B2.70B2.63B1.42B1.08B1.05B
Diluted shares
3.51B3.65B3.42B3.18B3.10B2.74B2.70B2.64B1.46B1.15B1.08B
Change in diluted shares
+0.29%+6.71%+7.66%+2.59%+13.05%+1.63%+2.20%+80.48%+26.99%+6.69%+1.33%
EPS (basic)
1.691.361.291.101.401.89-0.241.341.190.850.94
EPS (diluted)
1.671.351.281.091.401.89-0.241.331.160.800.92
EPS growth
+34.68%+5.47%+17.43%-22.14%-25.93%—-118.05%+14.66%+45.00%-13.04%-17.12%
Dividends per share
1.351.321.281.240.870.611.071.221.221.151.14
Dividend growth
+3.07%+3.14%+3.24%+41.95%+42.62%-42.86%-12.50%0.00%+6.09%+0.88%+11.76%
EBITDA
17.17B15.29B15.40B12.56B12.29B12.63B9.54B10.50B8.69B6.31B5.11B
EBITDA margin
13.79%17.88%18.62%15.98%13.67%18.73%24.49%19.36%16.07%15.58%13.62%
EBIT
10.92B9.61B10.23B8.18B8.12B8.81B5.86B7.35B5.69B3.76B2.89B

Figures in USD. Shares and EPS are adjusted for stock splits. Quarterly growth is on the same quarter a year before; TTM is the last four quarters.

Figures underlined with dots are from the company's SEC filings, where our data provider's differ.

Common questions about Energy Transfer LP's income statement

Source: Financial Modeling PrepVerified against SEC filings