KPIs & Operating Metrics(New)
Growth Metrics

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

Energy Transfer's Gross Margin history spans 17 years, with the latest figure at 512.49% for Q4 2025.

  • For Q4 2025, Gross Margin fell 54004.0% year-over-year to 512.49%; the TTM value through Dec 2025 reached 0.17%, down 2521.0%, while the annual FY2025 figure was 25.77%, 73.0% up from the prior year.
  • Gross Margin reached 512.49% in Q4 2025 per ET's latest filing, down from 27.02% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 35.58% in Q1 2021 to a low of 512.49% in Q4 2025.
  • Average Gross Margin over 5 years is 2.97%, with a median of 23.11% recorded in 2023.
  • Peak YoY movement for Gross Margin: skyrocketed 689bps in 2021, then tumbled -54004bps in 2025.
  • A 5-year view of Gross Margin shows it stood at 20.92% in 2021, then rose by 3bps to 21.65% in 2022, then rose by 7bps to 23.14% in 2023, then increased by 19bps to 27.55% in 2024, then crashed by -1960bps to 512.49% in 2025.
  • Per Business Quant, the three most recent readings for ET's Gross Margin are 512.49% (Q4 2025), 27.02% (Q3 2025), and 27.52% (Q2 2025).