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Energy Transfer ET Investment In USAC — Depreciation, depletion and amortization

Other segment segments

Midstream
$469M+4.7%
Investment in Sunoco LP
$286M+83.3%
Crude oil transportation and services
$268M+13.1%
NGL and refined products transportation and services
$260M+4.8%
Interstate transportation and storage
$145M+2.1%
Intrastate transportation and storage
$52M+2.0%
All other
$16M+6.7%

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EMEUNITED STATES — Depreciation and amortization of property, plant, and equipment
$17.96M+24.7%

Other financials

Income statement

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Revenue$27.8B+32.1%
Gross profit$6.6B+21.5%
Operating income$3.0B+19.8%
Net income$1.3B-5.2%
EPS (diluted)$0.35-2.8%

Balance sheet

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Cash & equivalents$951.0M+110%
Total debt$71.1B+17.3%
Total assets$147.48B+16.7%

Cash flow

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Operating cash flow$3.4B+15.8%
CapEx$1.9B+56.5%
Free cash flow$1.5B-13.6%

Valuation

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Market cap$66B+7.7%
Enterprise value$136.16B+12.1%
P/E15.1×+2.6×
P/S0.7×0.0×

Profitability

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Gross margin25.2%-0.6pp
Operating margin10.3%-1.0pp
Net margin4.7%-1.2pp
FCF margin4.2%-3.2pp

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:DepreciationDepletionAndAmortization.

The official record: Energy Transfer’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Energy Transfer's investment in USAC — depreciation, depletion and amortization?
Energy Transfer (ET) reported investment in USAC — depreciation, depletion and amortization of $87M in Q1 2026.
How has Energy Transfer's investment in USAC — depreciation, depletion and amortization changed year-over-year?
Energy Transfer's investment in USAC — depreciation, depletion and amortization increased by 24.3% year-over-year, from $70M to $87M.
What is the long-term trend for Energy Transfer's investment in USAC — depreciation, depletion and amortization?
Over 4 years (2021 to 2025), Energy Transfer's investment in USAC — depreciation, depletion and amortization has grown at a 4.5% compound annual growth rate (CAGR), from $239M to $285M.
What does investment in USAC — depreciation, depletion and amortization mean?
This metric reflects the systematic allocation of the cost of tangible and intangible assets over their estimated useful lives within the USAC segment. It represents the non-cash consumption of capital assets used to generate revenue. High levels of this expense typically indicate a capital-intensive asset base.