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Energy Transfer ET Total Revenue

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Segments

By segment

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Investment in Sunoco LP$14.26B+165%
Crude oil transportation and services$11.05B+92.3%
NGL and refined products transportation and services$7.72B+29.9%
Midstream$2.82B-10.0%
Interstate transportation and storage$609M+3.2%
Intrastate transportation and storage$596M-36.0%

By product

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Refined product sales$8.22B+65.0%
Crude sales$7.72B+40.4%
NGL sales$5.74B+27.5%
Gathering, transportation and other fees$3.21B+7.2%
Natural gas sales$400M-62.2%

Other financials

Income statement

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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$69.21B+19.2%
Enterprise value$138.43B+16.8%
P/E13.1×+0.4×
P/S0.6×-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:Revenues.

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
Gathering, transportation and other fees3,2913,0806,5526,085
Natural gas sales4001,0581,8782,639
Other7594051,397785
Total revenues34,33419,24262,10540,262
COSTS AND EXPENSES:
Cost of products sold26,93613,94648,08529,517
Operating expenses1,8281,3433,5232,642
Depreciation, depletion and amortization1,5751,3843,1582,751

Item 1. FINANCIAL STATEMENTS (unaudited)

FAQ

What is Energy Transfer's total revenue?
Energy Transfer (ET) reported total revenue of $34.33B in Q2 2026.
How has Energy Transfer's total revenue changed year-over-year?
Energy Transfer's total revenue increased by 78.4% year-over-year, from $19.24B to $34.33B.
What is the long-term trend for Energy Transfer's total revenue?
Over 4 years (2021 to 2025), Energy Transfer's total revenue has grown at a 6.1% compound annual growth rate (CAGR), from $67.42B to $85.54B.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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