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Energy Transfer ET Impairment Charges

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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$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:AssetImpairmentCharges.

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 itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Operating expenses1,8281,3433,5232,642
Depreciation, depletion and amortization1,5751,3843,1582,751
Selling, general and administrative421257782545
Impairment losses37
Total costs and expenses30,76016,93355,54835,462
OPERATING INCOME3,5742,3096,5574,800
OTHER INCOME (EXPENSE):
Interest expense, net of interest capitalized(934)(865)(1,881)(1,674)

Item 1. FINANCIAL STATEMENTS (unaudited)

FAQ

What is Energy Transfer's impairment charges?
Energy Transfer (ET) reported impairment charges of $0 in Q2 2026.
How has Energy Transfer's impairment charges changed year-over-year?
Energy Transfer's impairment charges decreased by 100.0% year-over-year, from $3M to $0.
What is the long-term trend for Energy Transfer's impairment charges?
Over 4 years (2021 to 2025), Energy Transfer's impairment charges has grown at a 91.9% compound annual growth rate (CAGR), from $21M to $285M.
What does impairment charges mean?
Non-cash asset impairment charges added back in the operating cash flow reconciliation since they don't represent cash outflows.

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