Energy Transfer (ET) Intangibles (2010 - 2026)
Energy Transfer's (ET) quarterly Intangibles came in at $7.3 billion in Q1 2026, up 23.88% YoY from $5.9 billion in Q1 2025, and down 1.94% on a QoQ basis from $7.4 billion in Q4 2025.
Energy Transfer (ET) Intangibles (2010 - 2026) Analysis & Trends
Energy Transfer (ET) has 17 years of Intangibles data on file, last reported at $7.3 billion in Q1 2026.
- Quarterly Intangibles rose 23.88% year-over-year to $7.3 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $7.3 billion (up 23.88% YoY) and the FY2025 annual result came in at $7.4 billion, up 24.57% from the prior year.
- Intangibles fell to $7.3 billion in Q1 2026, from $7.4 billion in the prior quarter.
- In the past five years, Intangibles ranged from a high of $7.4 billion in Q4 2025 to a low of $5.2 billion in Q3 2023.
- A 5-year average of $5.9 billion and a median of $5.8 billion in 2025 frame the typical range for Intangibles.
- Annual changes were most pronounced in 2022 — Intangibles decreased 7.53% — and 2025, when it advanced 24.57%.
- Tracing ET's Intangibles over 5 years: stood at $5.4 billion in 2022, then climbed by 15.22% to $6.2 billion in 2023, then retreated by 4.3% to $6.0 billion in 2024, then gained by 24.57% to $7.4 billion in 2025, then decreased by 1.94% to $7.3 billion in 2026.
- The last three Intangibles figures came in at $7.3 billion (Q1 2026), $7.4 billion (Q4 2025), and $5.7 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 1.87 Bn |
| 2 | Enbridge | 111.13 Bn | 109.64 Bn | 5.23 Bn | 2.87 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 4.05 Bn |
| 4 | Energy Transfer | 72.53 Bn | 71.50 Bn | 7.40 Bn | 7.16 Bn |
| 5 | Tc Energy | 66.12 Bn | 58.56 Bn | 1.24 Bn | - |
| 6 | Mplx | 60.19 Bn | 59.16 Bn | 2.73 Bn | 1.32 Bn |
| 7 | Oneok | 60.00 Bn | 59.84 Bn | 2.81 Bn | 2.84 Bn |
| 8 | Targa Resources | 59.13 Bn | 59.00 Bn | 2.14 Bn | 5.04 Bn |
| 9 | Cheniere Energy | 56.04 Bn | 54.79 Bn | 5.29 Bn | - |
| 10 | Venture Global | 34.44 Bn | 31.22 Bn | 2.92 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.16 Bn |
| Mar 31, 2026 | 7.29 Bn |
| Dec 31, 2025 | 7.44 Bn |
| Sep 30, 2025 | 5.66 Bn |
| Jun 30, 2025 | 5.77 Bn |
| Mar 31, 2025 | 5.89 Bn |
| Dec 31, 2024 | 5.97 Bn |
| Sep 30, 2024 | 6.10 Bn |
| Jun 30, 2024 | 6.20 Bn |
| Mar 31, 2024 | 6.11 Bn |
| Dec 31, 2023 | 6.24 Bn |
| Sep 30, 2023 | 5.20 Bn |
| Jun 30, 2023 | 5.30 Bn |
| Mar 31, 2023 | 5.32 Bn |
| Dec 31, 2022 | 5.42 Bn |
| Sep 30, 2022 | 5.51 Bn |
| Jun 30, 2022 | 5.61 Bn |
| Mar 31, 2022 | 5.61 Bn |
| Dec 31, 2021 | 5.86 Bn |
| Sep 30, 2021 | 5.47 Bn |