Energy Transfer (ET) Goodwill (2009 - 2026)
Energy Transfer (ET) reported Goodwill of $5.61 billion for Q2 2026, up 43.7% from $3.9 billion a year earlier and up 0.1% from the prior quarter.
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Analysis
Energy Transfer (ET) Goodwill (2009 - 2026) Analysis & Trends
At the end of FY2025, Energy Transfer posted Goodwill of $5.45 billion, up 39.7% from FY2024.
- Goodwill has a five-year compound annual growth rate of 17.9% (FY2020 to FY2025).
- By year, Goodwill came in at $3.9 billion in FY2024 (-2.9%), $4.02 billion in FY2023 (+56.6%), $2.57 billion in FY2022 (+1.3%) and $2.53 billion in FY2021 (+5.9%).
- The Q2 2026 figure ranks as the highest quarterly Goodwill since Q1 2017.
- Year over year, Goodwill has now increased in each of the last three quarters, with growth averaging 22.1% over the last eight quarters.
- The high point for year-over-year Goodwill in five years was Q4 2023 (growth of 56.6%); the low point was Q4 2024 (a decline of 2.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $5.61 billion (Q1 2026), $5.45 billion (Q4 2025) and $3.9 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 102.92 Bn | 98.52 Bn | 4.84 Bn |
| 2 | Williams Companies | 86.17 Bn | 84.88 Bn | 2.54 Bn |
| 3 | Enterprise Products Partners | 79.62 Bn | 78.01 Bn | - |
| 4 | Kinder Morgan | 74.35 Bn | 74.05 Bn | 3.07 Bn |
| 5 | Energy Transfer | 69.12 Bn | 62.30 Bn | 7.40 Bn |
| 6 | Tc Energy | 63.18 Bn | 59.26 Bn | 2.81 Bn |
| 7 | Targa Resources | 62.78 Bn | 62.26 Bn | 2.14 Bn |
| 8 | Cheniere Energy | 59.78 Bn | 54.61 Bn | 5.29 Bn |
| 9 | Mplx | 59.04 Bn | 52.60 Bn | 2.91 Bn |
| 10 | Oneok | 58.39 Bn | 56.78 Bn | 2.81 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.61 Bn |
| Mar 31, 2026 | 5.61 Bn |
| Dec 31, 2025 | 5.45 Bn |
| Sep 30, 2025 | 3.90 Bn |
| Jun 30, 2025 | 3.90 Bn |
| Mar 31, 2025 | 3.90 Bn |
| Dec 31, 2024 | 3.90 Bn |
| Sep 30, 2024 | 3.91 Bn |
| Jun 30, 2024 | 3.91 Bn |
| Mar 31, 2024 | 3.89 Bn |
| Dec 31, 2023 | 4.02 Bn |
| Sep 30, 2023 | 2.56 Bn |
| Jun 30, 2023 | 2.56 Bn |
| Mar 31, 2023 | 2.57 Bn |
| Dec 31, 2022 | 2.57 Bn |
| Sep 30, 2022 | 2.55 Bn |
| Jun 30, 2022 | 2.55 Bn |
| Mar 31, 2022 | 2.53 Bn |
| Dec 31, 2021 | 2.53 Bn |
| Sep 30, 2021 | 2.40 Bn |
API Access
Energy Transfer Goodwill 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=goodwill&ticker=ET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill", "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=goodwill&ticker=ET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();