What is Energy Transfer's income tax?

Energy Transfer (ET) reported income tax of $135M in Q1 2026.

How has Energy Transfer's income tax changed year-over-year?

Energy Transfer's income tax increased by 229.3% year-over-year, from $41M to $135M.

What is the long-term trend for Energy Transfer's income tax?

Over 3 years (2022 to 2025), Energy Transfer's income tax has grown at a 19.7% compound annual growth rate (CAGR), from $204M to $350M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Energy Transfer ET Income Tax

Income Tax at other companies

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$246M+8.4%

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$9.2M-9.8%

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$245M+24.4%

Enterprise Products PartnersEPD

$22M-8.3%

TRG

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$123.9M+71.6%

NGL Energy PartnersNGL

-$119K+56.6%

Segments

By geography

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Other domestic$12M-58.6%

Other Foreign$3M—

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$65.97B+8.7%

Enterprise value$136.12B+11.5%

P/E15.1×+2.3×

P/S0.7×0.0×

Profitability

See full

Gross margin25.2%-0.6pp

Operating margin10.3%-1.0pp

Net margin4.7%-1.2pp

FCF margin4.2%-3.2pp

Returns & leverage

See full

Current ratio1.2×0.0×

Where this comes from

Reported directly by Energy Transfer in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

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 income tax?: Energy Transfer (ET) reported income tax of $135M in Q1 2026.
How has Energy Transfer's income tax changed year-over-year?: Energy Transfer's income tax increased by 229.3% year-over-year, from $41M to $135M.
What is the long-term trend for Energy Transfer's income tax?: Over 3 years (2022 to 2025), Energy Transfer's income tax has grown at a 19.7% compound annual growth rate (CAGR), from $204M to $350M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.