Energy Transfer (ET) Minority Interest (2009 - 2025)
Energy Transfer's (ET) quarterly Minority Interest came in at $14.6 billion in Q4 2025, up 34.36% YoY from $10.9 billion in Q4 2024, and up 34.36% on a QoQ basis from $10.9 billion in Q4 2024.
Energy Transfer (ET) Minority Interest (2009 - 2025) Analysis & Trends
Energy Transfer (ET) has 17 years of Minority Interest data on file, last reported at $14.6 billion in Q4 2025.
- Quarterly Minority Interest rose 34.36% year-over-year to $14.6 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $14.6 billion (up 34.36% YoY) and the FY2025 annual result came in at $14.6 billion, up 34.36% from the prior year.
- Minority Interest rose to $14.6 billion in Q4 2025, from $10.9 billion in the prior quarter.
- In the past five years, Minority Interest ranged from a high of $14.6 billion in Q4 2025 to a low of $7.3 billion in Q4 2023.
- A 5-year average of $9.7 billion and a median of $8.0 billion in 2021 frame the typical range for Minority Interest.
- Annual changes were most pronounced in 2021 — Minority Interest slumped 37.44% — and 2024, when it surged 50.19%.
- Tracing ET's Minority Interest over 5 years: stood at $8.0 billion in 2021, then fell by 5.11% to $7.6 billion in 2022, then slipped by 4.94% to $7.3 billion in 2023, then surged by 50.19% to $10.9 billion in 2024, then jumped by 34.36% to $14.6 billion in 2025.
- The last three Minority Interest figures came in at $14.6 billion (Q4 2025), $10.9 billion (Q4 2024), and $7.3 billion (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn |
| 2 | Enbridge | 110.89 Bn | 109.40 Bn | 5.23 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - |
| 4 | Energy Transfer | 72.67 Bn | 71.64 Bn | 7.40 Bn |
| 5 | Tc Energy | 65.89 Bn | 58.33 Bn | 1.24 Bn |
| 6 | Oneok | 60.12 Bn | 59.96 Bn | 2.81 Bn |
| 7 | Mplx | 59.97 Bn | 58.94 Bn | 2.73 Bn |
| 8 | Targa Resources | 59.56 Bn | 59.43 Bn | 2.14 Bn |
| 9 | Cheniere Energy | 56.12 Bn | 54.86 Bn | 5.29 Bn |
| 10 | Venture Global | 34.39 Bn | 31.17 Bn | 2.92 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 14.64 Bn |
| Dec 31, 2024 | 10.90 Bn |
| Dec 31, 2023 | 7.26 Bn |
| Dec 31, 2022 | 7.63 Bn |
| Dec 31, 2021 | 8.05 Bn |
| Dec 31, 2020 | 12.86 Bn |
| Dec 31, 2019 | 12.02 Bn |
| Dec 31, 2018 | 10.29 Bn |
| Mar 31, 2018 | 32.20 Bn |
| Dec 31, 2017 | 31.18 Bn |
| Sep 30, 2017 | 27.83 Bn |
| Jun 30, 2017 | 26.37 Bn |
| Mar 31, 2017 | 26.89 Bn |
| Dec 31, 2016 | 24.13 Bn |
| Sep 30, 2016 | 24.89 Bn |
| Jun 30, 2016 | 24.68 Bn |
| Mar 31, 2016 | 24.73 Bn |
| Dec 31, 2015 | 24.53 Bn |
| Sep 30, 2015 | 23.95 Bn |
| Jun 30, 2015 | 23.05 Bn |