Energy Transfer (ET) Goodwill & Intangibles (2009 - 2026)
Energy Transfer's (ET) quarterly Goodwill & Intangibles came in at $12.9 billion in Q1 2026, up 31.74% YoY from $9.8 billion in Q1 2025, and little changed on a QoQ basis from $12.9 billion in Q4 2025.
Energy Transfer (ET) Goodwill & Intangibles (2009 - 2026) Analysis & Trends
Energy Transfer (ET) has 18 years of Goodwill & Intangibles data on file, last reported at $12.9 billion in Q1 2026.
- Quarterly Goodwill & Intangibles rose 31.74% year-over-year to $12.9 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $12.9 billion (up 31.74% YoY) and the FY2025 annual result came in at $12.9 billion, up 30.54% from the prior year.
- Goodwill & Intangibles held at $12.9 billion in Q1 2026, from $12.9 billion in the prior quarter.
- In the past five years, Goodwill & Intangibles ranged from a high of $12.9 billion in Q1 2026 to a low of $7.8 billion in Q3 2023.
- A 5-year average of $9.5 billion and a median of $9.7 billion in 2025 frame the typical range for Goodwill & Intangibles.
- Annual changes were most pronounced in 2022 — Goodwill & Intangibles declined 4.86% — and 2026, when it jumped 31.74%.
- Tracing ET's Goodwill & Intangibles over 5 years: stood at $8.0 billion in 2022, then grew by 28.53% to $10.3 billion in 2023, then slipped by 3.74% to $9.9 billion in 2024, then soared by 30.54% to $12.9 billion in 2025, then gained by 0.07% to $12.9 billion in 2026.
- The last three Goodwill & Intangibles figures came in at $12.9 billion (Q1 2026), $12.9 billion (Q4 2025), and $9.6 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn |
| 2 | Enbridge | 111.03 Bn | 109.54 Bn | 5.23 Bn |
| 3 | Enterprise Products Partners | 83.34 Bn | 82.44 Bn | - |
| 4 | Energy Transfer | 72.41 Bn | 71.38 Bn | 7.40 Bn |
| 5 | Tc Energy | 65.97 Bn | 58.41 Bn | 1.24 Bn |
| 6 | Oneok | 60.11 Bn | 59.94 Bn | 2.81 Bn |
| 7 | Mplx | 60.04 Bn | 59.01 Bn | 2.73 Bn |
| 8 | Targa Resources | 59.42 Bn | 59.29 Bn | 2.14 Bn |
| 9 | Cheniere Energy | 56.10 Bn | 54.85 Bn | 5.29 Bn |
| 10 | Venture Global | 34.30 Bn | 31.08 Bn | 2.92 Bn |
Historic Data
Download 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 |