KPIs & Operating Metrics(New)
Growth Metrics

Energy Transfer (ET) Gross Margin (2016 - 2025)

Energy Transfer (ET) has disclosed Gross Margin for 17 consecutive years, with 27.02% as the latest value for Q3 2025.

  • For the quarter ending Q3 2025, Gross Margin rose 218.0% year-over-year to 27.02%, compared with a TTM value of 26.98% through Sep 2025, up 300.0%, and an annual FY2024 reading of 25.03%, up 207.0% over the prior year.
  • Gross Margin was 27.02% for Q3 2025 at Energy Transfer, down from 27.52% in the prior quarter.
  • Across five years, Gross Margin topped out at 35.58% in Q1 2021 and bottomed at 20.86% in Q3 2021.
  • Average Gross Margin over 5 years is 24.74%, with a median of 23.54% recorded in 2021.
  • Peak annual rise in Gross Margin hit 689bps in 2021, while the deepest fall reached -2008bps in 2021.
  • Year by year, Gross Margin stood at 20.86% in 2021, then grew by 4bps to 21.65% in 2022, then rose by 7bps to 23.14% in 2023, then increased by 19bps to 27.55% in 2024, then dropped by -2bps to 27.02% in 2025.
  • Business Quant data shows Gross Margin for ET at 27.02% in Q3 2025, 27.52% in Q2 2025, and 25.92% in Q1 2025.