Energy Transfer (ET) Goodwill & Intangibles (2009 - 2026)
Energy Transfer's (ET) quarterly Goodwill & Intangibles came in at $12.8 billion in Q2 2026, up 31.94% on a YoY basis from $9.7 billion in Q2 2025, and down 1.02% quarter-over-quarter from $12.9 billion in Q1 2026.
Analysis
Energy Transfer (ET) Goodwill & Intangibles (2009 - 2026) Analysis & Trends
Energy Transfer (ET) has reported Goodwill & Intangibles for 18 consecutive years, with $12.8 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Goodwill & Intangibles rose 31.94% year-over-year to $12.8 billion; the trailing twelve-month figure through Jun 2026 stood at $12.8 billion (up 31.94% YoY), and the FY2025 full-year result was $12.9 billion, up 30.54% from the prior year.
- Goodwill & Intangibles declined to $12.8 billion in Q2 2026 per ET's latest filing, from $12.9 billion in the prior quarter.
- Across five years, Goodwill & Intangibles topped out at $12.9 billion in Q1 2026 and bottomed at $7.8 billion in Q3 2023.
- Historically, Goodwill & Intangibles has averaged $9.7 billion across 5 years, with a median of $9.7 billion in 2025.
- The sharpest annual moves came in 2022 and 2026: Goodwill & Intangibles fell 4.86% in 2022, then soared 31.94% in 2026.
- Over 5 years, Goodwill & Intangibles stood at $8.0 billion in 2022, then rose by 28.53% to $10.3 billion in 2023, then declined by 3.74% to $9.9 billion in 2024, then surged by 30.54% to $12.9 billion in 2025, then declined by 0.95% to $12.8 billion in 2026.
- According to Business Quant data, Goodwill & Intangibles over the past three periods registered $12.8 billion, $12.9 billion, and $12.9 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 Bn | - |
Historic Data
Download Data
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 |