Energy Transfer (ET-PI) EBIT Margin (2009 - 2026)

Energy Transfer (ET-PI) reported EBIT Margin of 10.74% for Q1 2026, down 111.0% on a YoY basis from 97.65% in Q1 2025, and down 83.6% quarter-over-quarter from 65.49% in Q4 2025.

Energy Transfer (ET-PI) EBIT Margin (2009 - 2026) Analysis & Trends

Energy Transfer has reported EBIT Margin for 18 years, with the latest figure at 10.74% in Q1 2026.

  • For the quarter ending Q1 2026, EBIT Margin fell 111.0% year-over-year to 10.74%; the trailing twelve-month figure through Mar 2026 stood at 13.57% (up 230.0% YoY), and the FY2025 full-year result was 10.55%, down 50.0% from the prior year.
  • EBIT Margin for Q1 2026 stood at 10.74%, down from 65.49% in the prior quarter.
  • The five-year high for EBIT Margin was 65.49% in Q4 2025, with the low at 8.14% in Q2 2022.
  • Historically, EBIT Margin has averaged 13.64% across 5 years, with a median of 10.77% in 2023.
  • Annual changes were most pronounced in 2022 — EBIT Margin plunged 1493 bps — and 2025, when it jumped 5383 bps.
  • Energy Transfer's EBIT Margin stood at 8.81% in 2022, then climbed by 20 bps to 10.54% in 2023, then climbed by 11 bps to 11.66% in 2024, then soared by 462 bps to 65.49% in 2025, then slumped by 84 bps to 10.74% in 2026.
  • The last three EBIT Margin figures came in at 10.74% (Q1 2026), 65.49% (Q4 2025), and 10.78% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 14.43%
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 13.17%
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 29.91%
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 10.74%
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 39.96%
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 20.68%
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 14.85%
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 68.07%
10 Energy Transfer - - 6.62 Bn 10.74%

Historic Data

Download Data
DateValue
Mar 31, 2026 10.74%
Dec 31, 2025 65.49%
Sep 30, 2025 10.78%
Jun 30, 2025 12.00%
Mar 31, 2025 11.85%
Dec 31, 2024 11.66%
Sep 30, 2024 10.50%
Jun 30, 2024 11.09%
Mar 31, 2024 11.00%
Dec 31, 2023 10.54%
Sep 30, 2023 10.77%
Jun 30, 2023 10.02%
Mar 31, 2023 10.86%
Dec 31, 2022 8.81%
Sep 30, 2022 8.60%
Jun 30, 2022 8.14%
Mar 31, 2022 9.01%
Dec 31, 2021 9.05%
Sep 30, 2021 8.62%
Jun 30, 2021 10.58%