Energy Transfer (ET) Income from Non-Controlling Interests (2009 - 2025)
Energy Transfer (ET) posted Income from Non-Controlling Interests of $259 million for Q3 2025, up 8.8% from $238 million a year earlier but down 5.8% from the prior quarter.
Powered by 
Analysis
Energy Transfer (ET) Income from Non-Controlling Interests (2009 - 2025) Analysis & Trends
For the trailing twelve months through Sep 30, 2025, Income from Non-Controlling Interests at Energy Transfer was $1.27 billion, down 18.2% year-over-year; for FY2024, it came in at $1.69 billion, up 30.3% from FY2023.
- Annual Income from Non-Controlling Interests shows a five-year compound annual growth rate of 6.1% (FY2019 to FY2024).
- In prior years, Energy Transfer's Income from Non-Controlling Interests was $1.3 billion in FY2023 (+22.4%), $1.06 billion in FY2022 (-9.1%), $1.17 billion in FY2021 (+57.9%) and $739 million in FY2020 (-41.2%).
- Quarterly Income from Non-Controlling Interests has run from a low of $205 million in Q1 2022 to a high of $663 million in Q2 2024 over five years.
- On a year-over-year basis, Income from Non-Controlling Interests increased in four of the last eight quarters, with growth averaging 10.8%.
- The strongest year-over-year quarter for Income from Non-Controlling Interests in the past five years was Q2 2024, with growth of 115.3%; the weakest was Q2 2025, with a decline of 58.5%.
- According to Business Quant data, Income from Non-Controlling Interests for the three prior quarters was $275 million (Q2 2025), $384 million (Q1 2025) and $355 million (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inc. Minority (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 100.40 Bn | 97.94 Bn | 4.84 Bn | - |
| 2 | Williams Companies | 86.28 Bn | 85.00 Bn | 2.54 Bn | - |
| 3 | Enterprise Products Partners | 78.15 Bn | 76.58 Bn | - | - |
| 4 | Energy Transfer | 70.55 Bn | 63.99 Bn | 7.40 Bn | - |
| 5 | Kinder Morgan | 69.13 Bn | 70.08 Bn | 3.07 Bn | 27.00 Mn |
| 6 | Tc Energy | 61.50 Bn | 64.57 Bn | 2.81 Bn | -272.54 Mn |
| 7 | Targa Resources | 60.39 Bn | 60.01 Bn | 2.14 Bn | 13.10 Mn |
| 8 | Mplx | 57.19 Bn | 50.75 Bn | 2.91 Bn | 10.00 Mn |
| 9 | Cheniere Energy | 55.74 Bn | 55.87 Bn | 5.29 Bn | 574.00 Mn |
| 10 | Oneok | 55.40 Bn | 53.89 Bn | 2.81 Bn | 1.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 259.00 Mn |
| Jun 30, 2025 | 275.00 Mn |
| Mar 31, 2025 | 384.00 Mn |
| Dec 31, 2024 | 355.00 Mn |
| Sep 30, 2024 | 238.00 Mn |
| Jun 30, 2024 | 663.00 Mn |
| Mar 31, 2024 | 436.00 Mn |
| Dec 31, 2023 | 219.00 Mn |
| Sep 30, 2023 | 451.00 Mn |
| Jun 30, 2023 | 308.00 Mn |
| Mar 31, 2023 | 321.00 Mn |
| Dec 31, 2022 | 268.00 Mn |
| Sep 30, 2022 | 304.00 Mn |
| Jun 30, 2022 | 284.00 Mn |
| Mar 31, 2022 | 205.00 Mn |
| Dec 31, 2021 | 297.00 Mn |
| Sep 30, 2021 | 260.00 Mn |
| Jun 30, 2021 | 269.00 Mn |
| Mar 31, 2021 | 341.00 Mn |
| Dec 31, 2020 | 312.00 Mn |
API Access
Energy Transfer Income from Non-Controlling Interests 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=income-from-non-controlling-interests&ticker=ET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "income-from-non-controlling-interests", "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=income-from-non-controlling-interests&ticker=ET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();