Energy Transfer (ET) Goodwill & Intangibles (2009 - 2026)
Energy Transfer (ET) recorded Goodwill & Intangibles of $12.77 billion in Q2 2026, up 31.9% from $9.68 billion a year earlier but down 1.0% from the prior quarter.
Energy Transfer (ET) Goodwill & Intangibles (2009 - 2026) Analysis & Trends
At the end of FY2025, Energy Transfer reported Goodwill & Intangibles of $12.89 billion, up 30.5% from FY2024.
- Annual Goodwill & Intangibles has a five-year compound annual growth rate of 9.6% (FY2020 to FY2025).
- Across earlier years, Goodwill & Intangibles came in at $9.87 billion in FY2024 (-3.7%), $10.26 billion in FY2023 (+28.5%), $7.98 billion in FY2022 (-4.9%) and $8.39 billion in FY2021 (+3.1%).
- Quarterly Goodwill & Intangibles has ranged from $7.77 billion in Q3 2023 to $12.9 billion in Q1 2026 over the past five years.
- On a year-over-year basis, Goodwill & Intangibles has increased for three consecutive quarters, with growth averaging 13.6% over the last eight quarters.
- Peak year-over-year performance for Goodwill & Intangibles in the last five years was growth of 31.9% in Q2 2026, against a decline of 5.6% in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $12.9 billion (Q1 2026), $12.89 billion (Q4 2025) and $9.56 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 101.05 Bn | 98.59 Bn | 4.84 Bn |
| 2 | Williams Companies | 84.68 Bn | 83.39 Bn | 2.54 Bn |
| 3 | Enterprise Products Partners | 77.03 Bn | 75.46 Bn | - |
| 4 | Energy Transfer | 69.18 Bn | 62.61 Bn | 7.40 Bn |
| 5 | Kinder Morgan | 67.95 Bn | 68.90 Bn | 3.07 Bn |
| 6 | Tc Energy | 61.01 Bn | 64.08 Bn | 2.81 Bn |
| 7 | Targa Resources | 59.91 Bn | 59.53 Bn | 2.14 Bn |
| 8 | Mplx | 57.11 Bn | 50.67 Bn | 2.91 Bn |
| 9 | Cheniere Energy | 56.26 Bn | 56.39 Bn | 5.29 Bn |
| 10 | Oneok | 54.95 Bn | 53.44 Bn | 2.81 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.77 Bn |
| Mar 31, 2026 | 12.90 Bn |
| Dec 31, 2025 | 12.89 Bn |
| Sep 30, 2025 | 9.56 Bn |
| Jun 30, 2025 | 9.68 Bn |
| Mar 31, 2025 | 9.79 Bn |
| Dec 31, 2024 | 9.87 Bn |
| Sep 30, 2024 | 10.01 Bn |
| Jun 30, 2024 | 10.11 Bn |
| Mar 31, 2024 | 10.00 Bn |
| Dec 31, 2023 | 10.26 Bn |
| Sep 30, 2023 | 7.77 Bn |
| Jun 30, 2023 | 7.87 Bn |
| Mar 31, 2023 | 7.89 Bn |
| Dec 31, 2022 | 7.98 Bn |
| Sep 30, 2022 | 8.06 Bn |
| Jun 30, 2022 | 8.16 Bn |
| Mar 31, 2022 | 8.14 Bn |
| Dec 31, 2021 | 8.39 Bn |
| Sep 30, 2021 | 7.87 Bn |
Energy Transfer Goodwill & Intangibles 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-and-intangibles&ticker=ET&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill-and-intangibles", "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-and-intangibles&ticker=ET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();