Energy Transfer (ET-PI) Operating Income (2009 - 2026)
Energy Transfer (ET-PI) posted Operating Income of $3.0 billion for Q1 2026, up 43.69% on a QoQ basis from $2.1 billion in Q4 2025, and up 19.75% year-over-year from $2.5 billion in Q1 2025.
Energy Transfer (ET-PI) Operating Income (2009 - 2026) Analysis & Trends
Energy Transfer (ET-PI) has reported Operating Income for 18 consecutive years, with $3.0 billion the latest figure, recorded in Q1 2026.
- Operating Income for Q1 2026 came in at $3.0 billion, up 19.75% year-over-year; the trailing twelve-month figure through Mar 2026 was $9.5 billion (up 2.92% YoY), and the FY2025 annual result was $9.0 billion, down 1.21% from the prior year.
- Operating Income was $3.0 billion for Q1 2026 at Energy Transfer, up from $2.1 billion in the prior quarter.
- Over five years, Operating Income peaked at $3.0 billion in Q1 2026 and troughed at $1.8 billion in Q4 2022.
- A 5-year average of $2.2 billion and a median of $2.2 billion in 2023 frame the typical range for Operating Income.
- Peak annual rise in Operating Income reached 37.3% in 2022, while the deepest fall reached 54.63% in 2022.
- Year by year, Operating Income stood at $1.8 billion in 2022, then advanced by 19.88% to $2.2 billion in 2023, then gained by 5.27% to $2.3 billion in 2024, then retreated by 8.91% to $2.1 billion in 2025, then soared by 43.69% to $3.0 billion in 2026.
- Per Business Quant, the three latest ET-PI Operating Income figures stand at $3.0 billion (Q1 2026), $2.1 billion (Q4 2025), and $2.2 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 2.35 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 1.44 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 1.90 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 2.98 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 846.90 Mn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 1.21 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 1.43 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 361.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 1.15 Bn |
| 10 | Energy Transfer | - | - | 6.62 Bn | 2.98 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.98 Bn |
| Dec 31, 2025 | 2.08 Bn |
| Sep 30, 2025 | 2.15 Bn |
| Jun 30, 2025 | 2.31 Bn |
| Mar 31, 2025 | 2.49 Bn |
| Dec 31, 2024 | 2.28 Bn |
| Sep 30, 2024 | 2.18 Bn |
| Jun 30, 2024 | 2.30 Bn |
| Mar 31, 2024 | 2.38 Bn |
| Dec 31, 2023 | 2.17 Bn |
| Sep 30, 2023 | 2.23 Bn |
| Jun 30, 2023 | 1.84 Bn |
| Mar 31, 2023 | 2.06 Bn |
| Dec 31, 2022 | 1.81 Bn |
| Sep 30, 2022 | 1.97 Bn |
| Jun 30, 2022 | 2.11 Bn |
| Mar 31, 2022 | 1.85 Bn |
| Dec 31, 2021 | 1.69 Bn |
| Sep 30, 2021 | 1.44 Bn |
| Jun 30, 2021 | 1.60 Bn |