Discontinued — last reported Q4 '25
D&A
Energy Transfer D&A increased by 6.2% to $1.58B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.8%, from $1.37B to $1.58B. Over 4 years (FY 2021 to FY 2025), D&A shows an upward trend with a 10.5% CAGR.
Analysis
How to read this metric
Higher levels typically reflect significant historical capital expenditures or acquisitions that are now being expensed over time.
Detailed definition
This metric represents the non-cash accounting charges used to allocate the cost of tangible assets and intangible asset...
Peer comparison
Capital-intensive hardware manufacturers generally show higher D&A relative to revenue than pure-play software companies.
cf_depreciation_and_amortizationHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $940.00M | $943.00M | $980.00M | $1.03B | $1.05B | $1.03B | $1.06B | $1.06B | $1.06B | $1.11B | $1.16B | $1.25B | $1.21B | $1.32B | $1.37B | $1.37B | $1.38B | $1.44B | $1.49B | $1.58B |
| QoQ Change | — | +0.3% | +3.9% | +4.9% | +1.8% | -1.5% | +2.9% | -0.1% | +0.2% | +4.3% | +4.6% | +8.3% | -3.3% | +9.2% | +3.8% | -0.5% | +1.2% | +4.0% | +3.5% | +6.2% |
| YoY Change | — | — | — | — | +11.3% | +9.2% | +8.2% | +3.0% | +1.4% | +7.5% | +9.2% | +18.4% | +14.3% | +19.6% | +18.7% | +9.0% | +14.1% | +8.8% | +8.5% | +15.8% |
Business Segments — Midstream
| Segment | Q1 '24 | Q2 '24 | Q3 '24 |
|---|---|---|---|
| Midstream | $429.00M | $394.00M | $429.00M |
| Interstate Transportation And Storage | $142.00M | $144.00M | $145.00M |
| Investment In Sunoco LP | $43.00M | $78.00M | $95.00M |
| Investment In USAC | $63.00M | $66.00M | $67.00M |
| Intrastate Transportation And Storage | $54.00M | $53.00M | $54.00M |
| Total | $1.25B | $1.21B | $1.32B |
Interstate Transportation And Storage, Intrastate Transportation And Storage, Investment In Sunoco LP, Investment In USAC, Midstream were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Business Segments — Midstream
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Midstream | $394.00M | $429.00M | $467.00M | $448.00M | $459.00M | $457.00M | $462.00M | $469.00M |
| Investment In Sunoco LP | $78.00M | $95.00M | $152.00M | $156.00M | $154.00M | $159.00M | $219.00M | $286.00M |
| Crude oil transportation and services | $239.00M | $252.00M | $227.00M | $237.00M | $244.00M | $294.00M | $239.00M | $268.00M |
| NGL and refined products transportation and services | $254.00M | $267.00M | $247.00M | $248.00M | $248.00M | $249.00M | $284.00M | $260.00M |
| Interstate Transportation and Storage | $144.00M | $145.00M | $144.00M | $142.00M | $141.00M | $144.00M | $145.00M | $145.00M |
| Investment In USAC | $66.00M | $67.00M | $69.00M | $70.00M | $71.00M | $71.00M | $73.00M | $87.00M |
| Intrastate Transportation And Storage | $53.00M | $54.00M | $55.00M | $51.00M | $51.00M | $52.00M | $51.00M | $52.00M |
| All Other Segment | — | — | — | — | — | — | — | $16.00M |
| All Other Segments | $7.75M | $7.75M | $7.75M | $15.75M | $15.75M | $15.75M | $15.75M | — |
| Total | $1.21B | $1.32B | $1.37B | $1.37B | $1.38B | $1.44B | $1.49B | $1.58B |
All Other Segments is derived from annual filings.
D&A at Other Companies
Frequently Asked Questions
- What is Energy Transfer's d&a?
- Energy Transfer (ET) reported d&a of $1.58B in Q1 2026.
- How has Energy Transfer's d&a changed year-over-year?
- Energy Transfer's d&a increased by 15.8% year-over-year, from $1.37B to $1.58B.
- What is the long-term trend for Energy Transfer's d&a?
- Over 4 years (2021 to 2025), Energy Transfer's d&a has grown at a 10.5% compound annual growth rate (CAGR), from $3.82B to $5.68B.
- What does d&a mean?
- The accounting process of spreading the cost of physical and intangible assets over time.