Energy Transfer LP (ET) Gross Margin (2009 - 2026)
Energy Transfer's (ET) quarterly Gross Margin came in at 23.85% in Q1 2026, down 208.0% YoY from 22.08% in Q1 2025, and up 104.65% on a QoQ basis from 512.49% in Q4 2025.
Energy Transfer LP (ET) Gross Margin (2009 - 2026) Analysis & Trends
Energy Transfer (ET) has 18 years of Gross Margin data on file, last reported at 23.85% in Q1 2026.
- Quarterly Gross Margin fell 208.0% year-over-year to 23.85% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.52% (down 2421.0% YoY) and the FY2025 annual result came in at 25.77%, up 73.0% from the prior year.
- Gross Margin climbed to 23.85% in Q1 2026, from 512.49% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 27.55% in Q4 2024 to a low of 512.49% in Q4 2025.
- A 5-year average of 8.04% and a median of 23.14% in 2023 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin surged 600 bps — and 2025, when it tumbled 54004 bps.
- Tracing ET's Gross Margin over 5 years: stood at 21.65% in 2022, then gained by 7 bps to 23.14% in 2023, then rose by 19 bps to 27.55% in 2024, then tumbled by 1960 bps to 512.49% in 2025, then surged by 105 bps to 23.85% in 2026.
- The last three Gross Margin figures came in at 23.85% (Q1 2026), 512.49% (Q4 2025), and 27.02% (Q3 2025), per Business Quant data.
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Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 21.55% |
| Mar 31, 2026 | 23.85% |
| Dec 31, 2025 | -512.49% |
| Sep 30, 2025 | 27.02% |
| Jun 30, 2025 | 27.52% |
| Mar 31, 2025 | 25.92% |
| Dec 31, 2024 | 27.55% |
| Sep 30, 2024 | 24.84% |
| Jun 30, 2024 | 24.70% |
| Mar 31, 2024 | 23.27% |
| Dec 31, 2023 | 23.14% |
| Sep 30, 2023 | 22.57% |
| Jun 30, 2023 | 23.08% |
| Mar 31, 2023 | 23.09% |
| Dec 31, 2022 | 21.65% |
| Sep 30, 2022 | 19.28% |
| Jun 30, 2022 | 17.07% |
| Mar 31, 2022 | 21.24% |
| Dec 31, 2021 | 20.92% |
| Sep 30, 2021 | 20.86% |