What are Energy Transfer's profit margins?

Energy Transfer (ET) runs a 25.2% gross margin and a 10.3% operating margin, with a 4.7% net margin.

Where do Energy Transfer's ratios come from?

Every ratio is computed from Energy Transfer's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Energy Transfer ET Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Profitability
Gross margin	104.9%+9.5pp	95.4%+8.3pp	87.2%+6.7pp	80.5%-41.1pp
Operating margin	44.9%+1.6pp	43.3%+4.1pp	39.2%+4.0pp	35.2%-21.9pp
Net margin	22.8%+0.6pp	22.2%+2.0pp	20.2%-0.2pp	20.4%-13.4pp
Efficiency
Asset turnover	2.6×-0.3×	2.9×-0.1×	3×-0.2×	3.2×+0.9×
Liquidity
Current ratio	4.9×+0.4×	4.5×+0.4×	4.1×-0.4×	4.5×+0.7×
Leverage
Net debt / EBITDA	17.1×+0.4×	16.6×+0.5×	16.2×-1.1×	17.3×+0.8×
Valuation
Market capitalization	$240.02B+5.6%	$227.38B+35.1%	$168.28B+23.6%	$136.11B+33.5%
Price / earnings	51.4×+1.9×	49.5×+8.3×	41.2×+8.6×	32.7×+10.5×
Price / sales	2.9×+0.2×	2.7×+0.7×	2.1×+0.4×	1.7×-0.2×
EV / EBITDA	33.4×+0.4×	33.1×+3.2×	29.9×+0.5×	29.4×+4.1×

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Questions, answered.

What are Energy Transfer's profit margins?: Energy Transfer (ET) runs a 25.2% gross margin and a 10.3% operating margin, with a 4.7% net margin.
Where do Energy Transfer's ratios come from?: Every ratio is computed from Energy Transfer's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.