What is Energy Transfer's SG&A?

Energy Transfer (ET) reported SG&A of $361M in Q1 2026.

How has Energy Transfer's SG&A changed year-over-year?

Energy Transfer's SG&A increased by 25.3% year-over-year, from $288M to $361M.

What is the long-term trend for Energy Transfer's SG&A?

Over 4 years (2021 to 2025), Energy Transfer's SG&A has grown at a 9.6% compound annual growth rate (CAGR), from $818M to $1.18B.

Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

Energy Transfer ET SG&A

SG&A at other companies

Williams CompaniesWMB

$168M-1.2%

EQT CorporationEQT

$95.75M+4.7%

Cheniere EnergyLNG

$136M+17.2%

Marathon PetroleumMPC

$867M+10.7%

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$65.97B+8.7%

Enterprise value$136.12B+11.5%

P/E15.1×+2.3×

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:SellingGeneralAndAdministrativeExpense.

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 SG&A?: Energy Transfer (ET) reported SG&A of $361M in Q1 2026.
How has Energy Transfer's SG&A changed year-over-year?: Energy Transfer's SG&A increased by 25.3% year-over-year, from $288M to $361M.
What is the long-term trend for Energy Transfer's SG&A?: Over 4 years (2021 to 2025), Energy Transfer's SG&A has grown at a 9.6% compound annual growth rate (CAGR), from $818M to $1.18B.
What does SG&A mean?: Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.