Energy Transfer (ET)
Connects U.S. production basins to processing, storage, terminals, and export outlets.
$20.51
After hours+0.05 (+0.24%)
At close$20.46(−2.11%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 20,739 | 20,532 | 21,629 | 20,729 | 20,772 | 19,541 | 21,020 | 19,242 | 19,954 | 22,410 | 27,771 | 34,334 |
| Cost of revenue | 17,164 | 16,800 | 17,735 | 16,836 | 16,970 | 15,438 | 16,870 | 16,557 | 14,562 | 16,630 | 21,149 | 26,936 |
| Gross profit | 3,575 | 3,732 | 3,894 | 3,893 | 3,802 | 4,103 | 4,150 | 2,685 | 5,392 | 5,780 | 6,622 | 7,398 |
| 1,342 | 1,567 | 1,514 | 1,595 | 1,621 | 1,824 | 1,659 | 257 | 3,241 | 3,410 | 3,639 | 3,824 | |
| 234 | 409 | 260 | 332 | 297 | 448 | 288 | 257 | 268 | 205 | 2,417 | 421 | |
| Selling & marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 361 | 0 |
| General & administrative | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 205 | 2,056 | 421 |
| Other expenses | 1,108 | 1,158 | 1,254 | 1,263 | 1,324 | 1,376 | 1,371 | 0 | 2,973 | 3,205 | 1,222 | 3,403 |
| Operating income | 2,233 | 2,165 | 2,380 | 2,298 | 2,181 | 2,279 | 2,491 | 2,428 | 2,151 | 2,370 | 2,983 | 3,574 |
| −1,109 | −551 | −599 | −79 | −658 | −696 | −730 | −891 | −772 | −760 | −872 | −850 | |
| Interest expense | 632 | 686 | 728 | 762 | 828 | 807 | 809 | 865 | 890 | 760 | 947 | 934 |
| Other non-operating income | −1 | −135 | −129 | −683 | −170 | −111 | −79 | 26 | −118 | 0 | 872 | −84 |
| Income before tax | 1,124 | 1,614 | 1,781 | 2,219 | 1,523 | 1,583 | 1,761 | 1,537 | 1,379 | 1,610 | 2,111 | 2,724 |
| Income tax expense | 77 | 47 | 89 | 227 | 89 | 136 | 41 | 79 | 87 | 15 | 135 | 194 |
| Net income from continuing operations | 1,047 | 1,567 | 1,692 | 1,992 | 1,434 | 1,447 | 1,720 | 1,458 | 1,292 | 1,595 | 1,976 | 2,530 |
| Net income | 584 | 1,327 | 1,240 | 1,314 | 1,183 | 1,077 | 1,323 | 1,099 | 1,019 | 1,460 | 1,253 | 2,088 |
| EPS, basic | $0.15 | $0.37 | $0.32 | $0.35 | $0.33 | $0.29 | $0.37 | $0.32 | $0.27 | $0.40 | $0.35 | $0.59 |
| EPS, diluted | $0.15 | $0.37 | $0.32 | $0.35 | $0.32 | $0.29 | $0.36 | $0.32 | $0.27 | $0.40 | $0.35 | $0.59 |
| Weighted average shares, basic | 3,144 | 3,279 | 3,369 | 3,371 | 3,415 | 3,426 | 3,431 | 3,432 | 3,639 | 3,650 | 3,441 | 3,442 |
| Weighted average shares, diluted | 3,168 | 3,295 | 3,390 | 3,395 | 3,441 | 3,450 | 3,453 | 3,454 | 3,639 | 3,650 | 3,457 | 3,463 |
| EBITDA | 3,341 | 3,458 | 3,763 | 4,194 | 3,675 | 3,764 | 3,937 | 3,786 | 3,709 | 3,495 | 3,694 | 3,658 |
| Depreciation & amortization | 1,107 | 1,158 | 1,254 | 1,213 | 1,324 | 1,374 | 1,367 | 1,384 | 1,440 | 1,125 | 1,583 | 0 |
| EBIT | 2,234 | 2,300 | 2,509 | 2,981 | 2,351 | 2,390 | 2,570 | 2,402 | 2,269 | 2,370 | 2,111 | 3,658 |