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Energy Transfer ET Caribbean — Inventory, LIFO Reserve

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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$70.9B+20.4%
Enterprise value$140.12B+16.5%
P/E13.4×+1.0×
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:InventoryLIFOReserve.

The source filing: Energy Transfer’s 10-K, filed February 19, 2026.

Filed
Feb 19, 2026, 4:40 PM EST
Fiscal year
FY2025
Accession
0001276187-26-000013

Sunoco LP’s fuel inventories in the Caribbean, which totaled $88 million at December 31, 2025, are stated at the lower of cost or market using the FIFO method. Under this methodology, the cost of fuel sold consists of older acquisition costs, which includes transportation and storage costs.

ITEM 16. FORM 10-K SUMMARY

FAQ

What is Energy Transfer's caribbean — inventory, LIFO reserve?
Energy Transfer (ET) reported caribbean — inventory, LIFO reserve of $88M in Q4 2025.
What does caribbean — inventory, LIFO reserve mean?
This metric represents the difference between the cost of inventory calculated under the last-in, first-out (LIFO) method and the cost calculated under the first-in, first-out (FIFO) or current cost method for the Caribbean segment. It serves as a valuation adjustment that reflects the impact of inflationary price changes on inventory costs within this specific geographic operating segment. Monitoring this reserve is essential for understanding the tax and earnings implications of inventory accounting policies in the context of regional energy distribution.

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