Energy Transfer (ET) EBIT Margin (2009 - 2026)
Energy Transfer (ET) recorded EBIT Margin of 10.41% in Q2 2026, down 1.59 percentage points from 12.00% a year earlier and down 0.33 percentage points from the prior quarter.
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Analysis
Energy Transfer (ET) EBIT Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Energy Transfer's EBIT Margin came in at 10.04% as of Jun 30, 2026, down 1.45 percentage points year-over-year; for FY2025, it came in at 10.55%, down 0.50 percentage points from FY2024.
- Annual EBIT Margin has a five-year change of +2.90 percentage points (FY2020 to FY2025).
- Across earlier years, EBIT Margin came in at 11.05% in FY2024 (+0.50 pp), 10.56% in FY2023 (+1.95 pp), 8.61% in FY2022 (-4.43 pp) and 13.04% in FY2021 (+5.39 pp).
- Quarterly EBIT Margin has ranged from 8.14% in Q2 2022 to 12.00% in Q2 2025 over the past five years.
- On a year-over-year basis, EBIT Margin has declined for three consecutive quarters, with an average year-over-year change of -0.41 percentage points over the last eight quarters.
- Peak year-over-year performance for EBIT Margin in the last five years was a gain of 6.17 percentage points in Q3 2021, against a drop of 14.93 percentage points in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 10.74% (Q1 2026), 8.20% (Q4 2025) and 10.78% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.29 Bn | 97.89 Bn | 4.84 Bn | 9.93% |
| 2 | Enterprise Products Partners | 79.85 Bn | 78.21 Bn | - | 11.09% |
| 3 | Williams Companies | 79.33 Bn | 76.36 Bn | 2.59 Bn | 35.25% |
| 4 | Kinder Morgan | 66.78 Bn | 65.63 Bn | 2.97 Bn | 25.60% |
| 5 | Energy Transfer | 65.10 Bn | 60.93 Bn | 6.57 Bn | 7.50% |
| 6 | Tc Energy | 64.42 Bn | 61.18 Bn | - | - |
| 7 | Cheniere Energy | 58.11 Bn | 52.26 Bn | 2.97 Bn | 31.02% |
| 8 | Targa Resources | 56.77 Bn | 56.23 Bn | 2.02 Bn | 19.58% |
| 9 | Mplx | 56.70 Bn | 50.73 Bn | 3.19 Bn | 40.94% |
| 10 | Oneok | 53.74 Bn | 53.15 Bn | 2.84 Bn | 12.59% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.50% |
| Jun 30, 2026 | 10.41% |
| Mar 31, 2026 | 10.74% |
| Dec 31, 2025 | 8.20% |
| Sep 30, 2025 | 10.78% |
| Jun 30, 2025 | 12.00% |
| Mar 31, 2025 | 11.85% |
| Dec 31, 2024 | 11.66% |
| Sep 30, 2024 | 10.50% |
| Jun 30, 2024 | 11.09% |
| Mar 31, 2024 | 11.00% |
| Dec 31, 2023 | 10.54% |
| Sep 30, 2023 | 10.77% |
| Jun 30, 2023 | 10.02% |
| Mar 31, 2023 | 10.86% |
| Dec 31, 2022 | 8.81% |
| Sep 30, 2022 | 8.60% |
| Jun 30, 2022 | 8.14% |
| Mar 31, 2022 | 9.01% |
| Dec 31, 2021 | 9.05% |
API Access
Energy Transfer EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=ET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "ET", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=ET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();