Energy Transfer (ET-PI) Tax Rate (2009 - 2026)
Energy Transfer (ET-PI) reported Tax Rate of 6.4% for Q1 2026, up 407.0% on a YoY basis from 1.26% in Q1 2025, and down 38.24% quarter-over-quarter from 10.35% in Q4 2025.
Energy Transfer (ET-PI) Tax Rate (2009 - 2026) Analysis & Trends
Energy Transfer has reported Tax Rate for 18 years, with the latest figure at 6.4% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 407.0% year-over-year to 6.4%; the trailing twelve-month figure through Mar 2026 stood at 6.93% (down 3.0% YoY), and the FY2025 full-year result was 5.78%, down 184.0% from the prior year.
- Tax Rate for Q1 2026 stood at 6.4%, down from 10.35% in the prior quarter.
- The five-year high for Tax Rate was 10.35% in Q4 2025, with the low at 0.61% in Q1 2022.
- Historically, Tax Rate has averaged 5.65% across 5 years, with a median of 5.84% in 2022.
- Annual changes were most pronounced in 2022 — Tax Rate soared 727 bps — and 2025, when it slumped 509 bps.
- Energy Transfer's Tax Rate stood at 3.04% in 2022, then retreated by 4 bps to 2.91% in 2023, then surged by 195 bps to 8.59% in 2024, then climbed by 21 bps to 10.35% in 2025, then tumbled by 38 bps to 6.4% in 2026.
- The last three Tax Rate figures came in at 6.4% (Q1 2026), 10.35% (Q4 2025), and 6.31% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 24.82% |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 1.45% |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 22.28% |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 6.40% |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 0.11% |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 20.27% |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 24.00% |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 10.04% |
| 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% |