Energy Transfer (ET) Net Income (2009 - 2026)
Energy Transfer's Net Income came in at $2.53 billion for Q2 2026, up 73.5% from $1.46 billion a year earlier and up 28.0% from the prior quarter.
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Analysis
Energy Transfer (ET) Net Income (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Energy Transfer reported Net Income of $7.04 billion, up 16.1% year-over-year; for FY2025, it came in at $5.71 billion, down 13.1% from FY2024.
- Net Income carries a five-year compound annual growth rate of 109.9% (FY2020 to FY2025).
- Going back by year, Net Income was $6.57 billion in FY2024 (+24.0%), $5.29 billion in FY2023 (-9.8%), $5.87 billion in FY2022 (-12.2%) and $6.69 billion in FY2021.
- The Q2 2026 figure represents the highest quarterly Net Income since Q1 2021.
- Year-over-year, Net Income increased in four of the last eight quarters, with growth averaging 8.5%.
- The fastest year-over-year change in Net Income over five years came in Q2 2022 (growth of 78.6%), and the weakest in Q1 2022 (a decline of 59.2%).
- Business Quant data shows ET's Net Income at $1.98 billion (Q1 2026), $1.24 billion (Q4 2025) and $1.29 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.88 Bn | 99.42 Bn | 4.84 Bn | 1.13 Bn |
| 2 | Enterprise Products Partners | 77.78 Bn | 76.22 Bn | - | 1.86 Bn |
| 3 | Energy Transfer | 68.56 Bn | 62.00 Bn | 7.40 Bn | 2.53 Bn |
| 4 | Kinder Morgan | 67.77 Bn | 68.72 Bn | 3.07 Bn | 894.00 Mn |
| 5 | Tc Energy | 60.65 Bn | 63.72 Bn | 2.81 Bn | 832.09 Mn |
| 6 | Targa Resources | 58.65 Bn | 58.26 Bn | 2.14 Bn | 777.70 Mn |
| 7 | Mplx | 57.82 Bn | 51.38 Bn | 2.91 Bn | 1.09 Bn |
| 8 | Cheniere Energy | 55.20 Bn | 55.33 Bn | 5.29 Bn | 3.64 Bn |
| 9 | Oneok | 54.77 Bn | 53.26 Bn | 2.81 Bn | 967.00 Mn |
| 10 | Venture Global | 31.21 Bn | 25.77 Bn | 2.92 Bn | 1.42 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.53 Bn |
| Mar 31, 2026 | 1.98 Bn |
| Dec 31, 2025 | 1.24 Bn |
| Sep 30, 2025 | 1.29 Bn |
| Jun 30, 2025 | 1.46 Bn |
| Mar 31, 2025 | 1.72 Bn |
| Dec 31, 2024 | 1.45 Bn |
| Sep 30, 2024 | 1.43 Bn |
| Jun 30, 2024 | 1.99 Bn |
| Mar 31, 2024 | 1.69 Bn |
| Dec 31, 2023 | 1.57 Bn |
| Sep 30, 2023 | 1.05 Bn |
| Jun 30, 2023 | 1.23 Bn |
| Mar 31, 2023 | 1.45 Bn |
| Dec 31, 2022 | 1.44 Bn |
| Sep 30, 2022 | 1.32 Bn |
| Jun 30, 2022 | 1.62 Bn |
| Mar 31, 2022 | 1.49 Bn |
| Dec 31, 2021 | 1.23 Bn |
| Sep 30, 2021 | 907.00 Mn |
API Access
Energy Transfer Net Income 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=net-income&ticker=ET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "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=net-income&ticker=ET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();