Energy Transfer LP revenue and financials
$20.74Change from previous close: +0.10%Absolute change: +$0.02
In the fiscal year ended December 2025, Energy Transfer LP reported revenue of $85.54B (+3.47% year over year). Net income was $4.43B, a net margin of 5.2%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +3.47%
- 2025 vs 2024
- Net income growth
- −7.91%
- 2025 vs 2024
- Net margin
- 5.2%
- 2024: 5.8%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 148,168 | 147,482 | 141,286 | 129,331 | 125,022 | 126,425 | 125,380 | 124,429 | 121,339 | 115,789 | 113,698 | 107,571 |
| Current assets | 23,113 | 22,263 | 18,233 | 17,442 | 13,671 | 15,237 | 14,202 | 13,336 | 13,406 | 15,018 | 12,433 | 13,423 |
| Cash and equivalents | 1,020 | 951 | 1,272 | 3,574 | 242 | 453 | 312 | 299 | 650 | 1,946 | 161 | 514 |
| Receivables | 17,069 | 15,890 | 11,451 | 10,040 | 10,103 | 11,524 | 10,334 | 10,034 | 9,680 | 9,820 | 9,215 | 9,797 |
| Inventory | 4,385 | 4,645 | 4,770 | 3,269 | 2,795 | 2,787 | 3,070 | 2,502 | 2,624 | 2,267 | 2,478 | 2,590 |
| Net property, plant and equipment | 106,035 | 105,985 | 103,983 | 96,909 | 96,359 | 96,068 | 96,021 | 95,848 | 92,742 | 85,906 | 86,177 | 81,693 |
| Goodwill | 5,608 | 5,605 | 5,452 | 3,903 | 3,903 | 3,903 | 3,903 | 3,910 | 3,910 | 3,887 | 4,019 | 2,564 |
| Other intangible assets | 7,160 | 7,294 | 7,438 | 5,660 | 5,774 | 5,888 | 5,971 | 6,102 | 6,202 | 6,111 | 6,239 | 5,204 |
| Long-term investments | 3,637 | 3,646 | 3,589 | 3,269 | 3,243 | 3,260 | 3,266 | 3,268 | 3,236 | 3,093 | 3,097 | 2,993 |
| Current liabilities | 19,858 | 19,043 | 14,955 | 12,410 | 11,849 | 13,571 | 12,656 | 12,371 | 11,709 | 12,719 | 11,277 | 12,755 |
| Accounts payable | 13,767 | 13,152 | 9,510 | 7,336 | 7,537 | 8,999 | 8,325 | 7,382 | 7,478 | 7,564 | 6,684 | 8,004 |
| Long-term debt | 68,393 | 69,317 | 68,226 | 63,096 | 60,749 | 59,782 | 59,702 | 58,995 | 57,359 | 52,295 | 51,361 | 47,075 |
| Total debt | 70,241 | 71,106 | 70,093 | 63,974 | 61,576 | — | — | — | — | — | — | — |
| Total liabilities | 97,390 | 97,493 | 92,026 | 82,187 | 79,165 | 79,845 | 78,946 | 77,831 | 75,450 | 71,323 | 68,981 | 66,512 |
| Total equity (incl. minority) | 50,778 | 49,989 | 49,260 | 47,144 | 45,857 | 46,580 | 46,434 | 46,598 | 45,889 | 44,466 | 44,717 | 41,059 |
| Minority interest | 15,446 | 15,525 | 14,892 | 12,465 | 11,076 | 11,260 | 11,314 | 11,356 | 11,575 | 8,531 | 8,033 | 7,933 |