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Energy Transfer ET All other — Investments in unconsolidated affiliates

Other segment segments

Interstate transportation and storage
$2.39B+1.7%
NGL and refined products transportation and services
$374M+0.8%
Investment in Sunoco LP
$341M
Crude oil transportation and services
$187M-0.5%
Intrastate transportation and storage
$156M+3.3%
Midstream
$131M+1.6%

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EPDNatural Gas Pipelines & Services — Investments in unconsolidated affiliates
$31M-3.1%
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EPDPetrochemical & Refined Products Services — Investments in unconsolidated affiliates
$2M+100%
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EPDCrude Oil Pipelines & Services — Investments in unconsolidated affiliates
$1.57B-2.6%
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SMPEngineered Solutions — Investments in unconsolidated affiliates
$1.74M-18.2%
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SMPNissens Automotive — Investments in unconsolidated affiliates
$0

Other financials

Income statement

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Revenue$34.3B+78.4%
Gross profit$7.4B+39.7%
Operating income$3.6B+54.8%
Net income$2.1B+79.5%
EPS (diluted)$0.59+84.4%

Balance sheet

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Cash & equivalents$1.0B+321%
Total debt$70.2B+14.1%
Total assets$148.17B+18.5%

Cash flow

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Operating cash flow$4.3B+54.6%
CapEx$1.6B-5.7%
Free cash flow$2.7B+145%

Valuation

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Market cap$69.31B+17.7%
Enterprise value$138.53B+15.2%
P/E13.1×+0.7×
P/S0.7×-0.1×

Profitability

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Gross margin23.6%-2.8pp
Operating margin10%-1.4pp
Net margin4.9%-1.0pp
FCF margin5.1%-2.0pp

Returns & leverage

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Current ratio1.2×0.0×

Where this comes from

Reported directly by Energy Transfer in its filing.

Tagged under the XBRL concept us-gaap:InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures.

The source filing: Energy Transfer’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:46 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001276187-26-000038
Line itemJune 30,2026December 31,2025
Intrastate transportation and storage$156$151
Interstate transportation and storage2,3852,353
Midstream131130
NGL and refined products transportation and services374362
Crude oil transportation and services187190
Investment in Sunoco LP341342
All other6361
Total$3,637$3,589

Item 1. FINANCIAL STATEMENTS (unaudited)

FAQ

What is Energy Transfer's all other — investments in unconsolidated affiliates?
Energy Transfer (ET) reported all other — investments in unconsolidated affiliates of $63M in Q2 2026.
How has Energy Transfer's all other — investments in unconsolidated affiliates changed year-over-year?
Energy Transfer's all other — investments in unconsolidated affiliates increased by 5.0% year-over-year, from $60M to $63M.
What does all other — investments in unconsolidated affiliates mean?
This represents the total book value of the company's equity investments in joint ventures or partnerships within the 'All Other' segment. It indicates the amount of capital deployed into non-controlled entities that are strategically important to the segment.

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