Energy Transfer (ET-PI) Tax Rate (2009 - 2026)
Energy Transfer (ET-PI) posted Tax Rate of 6.4% for Q1 2026, down 38.24% on a QoQ basis from 10.35% in Q4 2025, and up 407.0% year-over-year from 1.26% in Q1 2025.
Energy Transfer (ET-PI) Tax Rate (2009 - 2026) Analysis & Trends
Energy Transfer (ET-PI) has reported Tax Rate for 18 consecutive years, with 6.4% the latest figure, recorded in Q1 2026.
- Tax Rate for Q1 2026 came in at 6.4%, up 407.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 6.93% (down 3.0% YoY), and the FY2025 annual result was 5.78%, down 184.0% from the prior year.
- Tax Rate was 6.4% for Q1 2026 at Energy Transfer, down from 10.35% in the prior quarter.
- Over five years, Tax Rate peaked at 10.35% in Q4 2025 and troughed at 0.61% in Q1 2022.
- A 5-year average of 5.65% and a median of 5.84% in 2022 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate jumped 727 bps — and 2025, when it sank 509 bps.
- Year by year, Tax Rate stood at 3.04% in 2022, then slipped by 4 bps to 2.91% in 2023, then jumped by 195 bps to 8.59% in 2024, then increased by 21 bps to 10.35% in 2025, then tumbled by 38 bps to 6.4% in 2026.
- Per Business Quant, the three latest ET-PI Tax Rate figures stand at 6.4% (Q1 2026), 10.35% (Q4 2025), and 6.31% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 24.82% |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 22.28% |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 1.45% |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 6.40% |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 20.27% |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 0.11% |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 24.00% |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | - |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 15.08% |
| 10 | Energy Transfer | - | - | 6.62 Bn | 6.40% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.40% |
| Mar 31, 2026 | 6.40% |
| Dec 31, 2025 | 10.35% |
| Dec 31, 2025 | 10.35% |
| Sep 30, 2025 | 6.31% |
| Sep 30, 2025 | 6.31% |
| Jun 30, 2025 | 5.14% |
| Jun 30, 2025 | 5.14% |
| Mar 31, 2025 | 2.33% |
| Mar 31, 2025 | 2.33% |
| Dec 31, 2024 | 8.59% |
| Dec 31, 2024 | 8.59% |
| Sep 30, 2024 | 5.84% |
| Sep 30, 2024 | 5.84% |
| Jun 30, 2024 | 10.23% |
| Jun 30, 2024 | 10.23% |
| Mar 31, 2024 | 5.00% |
| Mar 31, 2024 | 5.00% |
| Dec 31, 2023 | 2.91% |
| Dec 31, 2023 | 2.91% |