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 (ET) has reported Intangibles for 17 consecutive years, with $7.3 billion the latest figure, recorded in Q1 2026.
- Intangibles for Q1 2026 came in at $7.3 billion, up 23.88% year-over-year; the trailing twelve-month figure through Mar 2026 was $7.3 billion (up 23.88% YoY), and the FY2025 annual result was $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.
- Over five years, Intangibles peaked at $7.4 billion in Q4 2025 and troughed 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 slipped 7.53% — and 2025, when it climbed 24.57%.
- Year by year, 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.
- Per Business Quant, the three latest ET Intangibles figures stand at $7.3 billion (Q1 2026), $7.4 billion (Q4 2025), and $5.7 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 2.92 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 1.69 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 4.10 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 7.29 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 2.20 Bn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 1.36 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 2.87 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | - |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | - |
| 10 | Plains All American Pipeline | 15.72 Bn | 15.54 Bn | 977.00 Mn | 1.69 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 |