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
DateValue
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%