Energy Transfer (ET) EBT Margin (2009 - 2026)
Energy Transfer's EBT Margin came in at 7.93% for Q2 2026, down 0.05 percentage points from 7.99% a year earlier but up 0.33 percentage points from the prior quarter.
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Analysis
Energy Transfer (ET) EBT Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Energy Transfer reported EBT Margin of 7.07%, down 0.87 percentage points year-over-year; for FY2025, it was 7.08%, down 1.51 percentage points from FY2024.
- EBT Margin carries a five-year change of +6.11 percentage points (FY2020 to FY2025).
- Going back by year, EBT Margin was 8.60% in FY2024 (+1.47 pp), 7.12% in FY2023 (+0.37 pp), 6.76% in FY2022 (-3.44 pp) and 10.19% in FY2021 (+9.22 pp).
- The five-year range for quarterly EBT Margin is 5.42% (Q3 2023) to 10.70% (Q2 2024).
- Year-over-year, EBT Margin has declined for five consecutive quarters, with an average year-over-year change of -0.54 percentage points over the last eight quarters.
- The fastest year-over-year change in EBT Margin over five years came in Q3 2021 (a gain of 9.52 percentage points), and the weakest in Q1 2022 (a drop of 14.65 percentage points).
- Business Quant data shows ET's EBT Margin at 7.60% (Q1 2026), 5.45% (Q4 2025) and 6.91% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 6.86% |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 10.22% |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 7.93% |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 26.04% |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | 36.72% |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | 22.63% |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 32.88% |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 10.51% |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 69.92% |
| 10 | Venture Global | 32.11 Bn | 26.66 Bn | 2.92 Bn | 38.29% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.93% |
| Mar 31, 2026 | 7.60% |
| Dec 31, 2025 | 5.45% |
| Sep 30, 2025 | 6.91% |
| Jun 30, 2025 | 7.99% |
| Mar 31, 2025 | 8.38% |
| Dec 31, 2024 | 8.10% |
| Sep 30, 2024 | 7.33% |
| Jun 30, 2024 | 10.70% |
| Mar 31, 2024 | 8.23% |
| Dec 31, 2023 | 7.86% |
| Sep 30, 2023 | 5.42% |
| Jun 30, 2023 | 7.32% |
| Mar 31, 2023 | 7.99% |
| Dec 31, 2022 | 7.23% |
| Sep 30, 2022 | 6.12% |
| Jun 30, 2022 | 6.58% |
| Mar 31, 2022 | 7.21% |
| Dec 31, 2021 | 6.33% |
| Sep 30, 2021 | 5.90% |
API Access
Energy Transfer EBT 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=ebt-margin&ticker=ET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=ET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();