What is Energy Transfer's revenue?

Energy Transfer (ET) generated $92.3B in revenue over the trailing twelve months, up 12.5% year over year.

Is Energy Transfer profitable?

Energy Transfer reported $4.4B in net income over the trailing twelve months, a 4.7% net margin.

What are Energy Transfer's profit margins?

Gross margin is 25.2% and operating margin is 10.3%, with a 4.7% net margin.

Where does Energy Transfer's income statement data come from?

Every line is extracted from Energy Transfer's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Energy Transfer ET Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Total revenue	$92.29B+7.9%	$85.54B+7.2%	$79.76B-1.0%	$80.58B-1.8%	$82.06B-0.7%
Total cost of revenue	$69.07B+8.8%	$63.5B+9.0%	$58.24B-1.8%	$59.29B-2.7%	$60.95B-1.7%
Gross profit	$23.21B+5.3%	$22.04B+2.4%	$21.52B+1.1%	$21.29B+0.8%	$21.11B+2.0%
Gross margin	25.2%-0.6pp	25.8%-1.2pp	27%+0.6pp	26.4%+0.7pp	25.7%+0.7pp
Selling, general and administrative	$1.25B+6.2%	$1.18B+7.2%	$1.1B-2.6%	$1.13B-6.2%	$1.21B+2.4%
Depreciation and amortization	$5.9B+3.8%	$5.68B+2.1%	$5.57B+2.1%	$5.45B+3.2%	$5.28B+2.2%
Impairment charges	$281M-1.4%	$285M+2,750%	$10M+11.1%	$9M-83.9%	$56M+7.7%
Total costs & expenses	$82.77B+8.2%	$76.51B+8.5%	$70.53B-1.1%	$71.32B-2.1%	$72.81B-1.0%
Operating income	$9.52B+5.5%	$9.03B-2.2%	$9.23B-0.3%	$9.26B+0.1%	$9.25B+1.2%
Operating margin	10.3%-0.2pp	10.6%-1.0pp	11.6%+0.1pp	11.5%+0.2pp	11.3%+0.2pp
Interest expense	$3.61B+4.0%	$3.47B+3.1%	$3.37B+1.9%	$3.31B+3.2%	$3.21B+2.6%
Other income (expense), net	$103M-14.2%	$120M+173%	$44M-57.7%	$104M+2.0%	$102M-27.1%
Income from equity method investments	$437M+4.3%	$419M+2.9%	$407M+3.6%	$393M+5.4%	$373M-1.6%
Gain (loss) on extinguishment of debt	-$39M-14.7%	-$34M-6.3%	-$32M-60.0%	-$20M-122%	-$9M+25.0%
Income tax expense	$444M+26.9%	$350M+2.0%	$343M-0.6%	$345M-30.0%	$493M-8.9%
Net income	$4.36B-1.6%	$4.43B-3.3%	$4.58B-3.5%	$4.75B-3.1%	$4.9B+1.7%
Net margin	4.7%-0.5pp	5.2%-0.6pp	5.7%-0.1pp	5.9%-0.1pp	6%+0.1pp
Preferred stock dividends	$240M-3.2%	$248M-3.5%	$257M-3.0%	$265M-11.7%	$300M-17.1%
Net Income (Loss) Allocated to General Partners	-$4M0.0%	-$4M0.0%	-$4M0.0%	-$4M0.0%	-$4M0.0%
Common Unitholders’ interest in net income	$4.11B-1.5%	$4.17B-3.2%	$4.31B-3.5%	$4.47B-2.0%	$4.56B+3.8%
Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted	$1.20-0.8%	$1.21-3.2%	$1.25-3.1%	$1.29-2.3%	$1.32+3.1%
Other income, net (Note 6)	$103M-14.2%	$120M+173%	$44M-57.7%	$104M+2.0%	$102M-27.1%
EBITDA	$15.42B+4.8%	$14.71B-0.6%	$14.8B+0.6%	$14.71B+1.3%	$14.53B+1.6%
EBITDA margin	16.7%-0.5pp	17.2%-1.4pp	18.6%+0.3pp	18.3%+0.6pp	17.7%+0.4pp
EBIT	$9.52B+5.5%	$9.03B-2.2%	$9.23B-0.3%	$9.26B+0.1%	$9.25B+1.2%

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Ask your AI about Energy Transfer.

Connect your AI assistant and get a quick read on the numbers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Energy Transfer's revenue?: Energy Transfer (ET) generated $92.3B in revenue over the trailing twelve months, up 12.5% year over year.
Is Energy Transfer profitable?: Energy Transfer reported $4.4B in net income over the trailing twelve months, a 4.7% net margin.
What are Energy Transfer's profit margins?: Gross margin is 25.2% and operating margin is 10.3%, with a 4.7% net margin.
Where does Energy Transfer's income statement data come from?: Every line is extracted from Energy Transfer's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.