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

Energy Transfer (ET-PI) reported EBT Margin of 7.6% for Q1 2026, down 78.0% on a YoY basis from 34.55% in Q1 2025, and down 82.55% quarter-over-quarter from 43.56% in Q4 2025.

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

Energy Transfer has reported EBT Margin for 18 years, with the latest figure at 7.6% in Q1 2026.

  • For the quarter ending Q1 2026, EBT Margin fell 78.0% year-over-year to 7.6%; the trailing twelve-month figure through Mar 2026 stood at 9.14% (up 50.0% YoY), and the FY2025 full-year result was 7.08%, down 151.0% from the prior year.
  • EBT Margin for Q1 2026 stood at 7.6%, down from 43.56% in the prior quarter.
  • The five-year high for EBT Margin was 43.56% in Q4 2025, with the low at 5.42% in Q3 2023.
  • Historically, EBT Margin has averaged 9.68% across 5 years, with a median of 7.6% in 2026.
  • Annual changes were most pronounced in 2022 — EBT Margin slumped 1465 bps — and 2025, when it surged 3546 bps.
  • Energy Transfer's EBT Margin stood at 7.23% in 2022, then climbed by 9 bps to 7.86% in 2023, then rose by 3 bps to 8.1% in 2024, then surged by 438 bps to 43.56% in 2025, then plunged by 83 bps to 7.6% in 2026.
  • The last three EBT Margin figures came in at 7.6% (Q1 2026), 43.56% (Q4 2025), and 6.91% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 10.58%
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 10.55%
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 26.68%
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 7.60%
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 30.38%
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 14.93%
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 10.62%
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 34.17%
10 Energy Transfer - - 6.62 Bn 7.60%

Historic Data

Download Data
DateValue
Mar 31, 2026 7.60%
Dec 31, 2025 43.56%
Sep 30, 2025 6.91%
Jun 30, 2025 7.99%
Mar 31, 2025 8.38%
Dec 31, 2024 8.10%
Sep 30, 2024 7.33%
Jun 30, 2024 10.70%
Mar 31, 2024 8.23%
Dec 31, 2023 7.86%
Sep 30, 2023 5.42%
Jun 30, 2023 7.32%
Mar 31, 2023 7.99%
Dec 31, 2022 7.23%
Sep 30, 2022 6.12%
Jun 30, 2022 6.58%
Mar 31, 2022 7.21%
Dec 31, 2021 6.33%
Sep 30, 2021 5.90%
Jun 30, 2021 6.56%