Energy Transfer (ET) Gross Profit (2011 - 2026)
Energy Transfer (ET) reported Gross Profit of $7.4 billion for Q2 2026, up 39.7% from $5.3 billion a year earlier and up 11.7% from the prior quarter.
Energy Transfer (ET) Gross Profit (2011 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Energy Transfer's Gross Profit came in at $25.32 billion, up 18.9% year-over-year; for FY2025, it came in at $22.04 billion, up 6.5% from FY2024.
- Gross Profit has increased for five consecutive years, with a five-year compound annual growth rate of 10.4% (FY2020 to FY2025).
- By year, Gross Profit came in at $20.7 billion in FY2024 (+14.7%), $18.05 billion in FY2023 (+2.3%), $17.64 billion in FY2022 (+3.7%) and $17.02 billion in FY2021 (+26.4%).
- The Q2 2026 figure ranks as the highest quarterly Gross Profit since Q3 2016.
- Year over year, Gross Profit has now increased in each of the last 12 quarters, with growth averaging 13.8% over the last eight quarters.
- The high point for year-over-year Gross Profit in five years was Q2 2026 (growth of 39.7%); the low point was Q1 2022 (a decline of 28.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $6.62 billion (Q1 2026), $5.9 billion (Q4 2025) and $5.39 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn |
| 10 | Venture Global | 31.49 Bn | 26.04 Bn | 2.92 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.40 Bn |
| Mar 31, 2026 | 6.62 Bn |
| Dec 31, 2025 | 5.90 Bn |
| Sep 30, 2025 | 5.39 Bn |
| Jun 30, 2025 | 5.30 Bn |
| Mar 31, 2025 | 5.45 Bn |
| Dec 31, 2024 | 5.38 Bn |
| Sep 30, 2024 | 5.16 Bn |
| Jun 30, 2024 | 5.12 Bn |
| Mar 31, 2024 | 5.03 Bn |
| Dec 31, 2023 | 4.75 Bn |
| Sep 30, 2023 | 4.68 Bn |
| Jun 30, 2023 | 4.23 Bn |
| Mar 31, 2023 | 4.39 Bn |
| Dec 31, 2022 | 4.44 Bn |
| Sep 30, 2022 | 4.42 Bn |
| Jun 30, 2022 | 4.43 Bn |
| Mar 31, 2022 | 4.35 Bn |
| Dec 31, 2021 | 3.90 Bn |
| Sep 30, 2021 | 3.48 Bn |
Energy Transfer Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=ET&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "ET", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=ET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();