Energy Transfer (ET) Intangibles (2010 - 2026)
Energy Transfer (ET) posted Intangibles of $7.3 billion for Q1 2026, down 1.94% on a QoQ basis from $7.4 billion in Q4 2025, and up 23.88% year-over-year from $5.9 billion in Q1 2025.
Energy Transfer (ET) Intangibles (2010 - 2026) Analysis & Trends
Energy Transfer's Intangibles history runs 17 years deep, the most recent figure standing at $7.3 billion for 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 was $7.3 billion for Q1 2026 at Energy Transfer, down from $7.4 billion in the prior quarter.
- Across five years, Intangibles topped out at $7.4 billion in Q4 2025 and bottomed at $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 declined 7.53% — and 2025, when it increased 24.57%.
- Energy Transfer's Intangibles stood at $5.4 billion in 2022, then increased by 15.22% to $6.2 billion in 2023, then slipped by 4.3% to $6.0 billion in 2024, then climbed by 24.57% to $7.4 billion in 2025, then dropped by 1.94% to $7.3 billion in 2026.
- Business Quant data shows ET's Intangibles at $7.3 billion in Q1 2026, $7.4 billion in Q4 2025, and $5.7 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | - |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | - |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 1.87 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 2.92 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 4.10 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | - |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 7.29 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 5.03 Bn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 2.87 Bn |
| 10 | Mplx | 58.39 Bn | 56.89 Bn | 1.95 Bn | 1.36 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 5.56 Bn |