KPIs & Operating Metrics(New)
Growth Metrics

Energy Transfer (ET) Net Margin (2016 - 2025)

Energy Transfer (ET) has disclosed Net Margin for 17 consecutive years, with 95.38% as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Net Margin fell 10054.0% year-over-year to 95.38%, compared with a TTM value of 7.04% through Dec 2025, up 172.0%, and an annual FY2025 reading of 120.12%, down 12544.0% over the prior year.
  • Net Margin was 95.38% for Q4 2025 at Energy Transfer, down from 4.81% in the prior quarter.
  • Across five years, Net Margin topped out at 19.33% in Q1 2021 and bottomed at 95.38% in Q4 2025.
  • Average Net Margin over 5 years is 4.43%, with a median of 5.03% recorded in 2024.
  • The sharpest move saw Net Margin surged 8287bps in 2023, then plummeted -10054bps in 2025.
  • Year by year, Net Margin stood at 3.21% in 2021, then tumbled by -104bps to 0.14% in 2022, then skyrocketed by 4242bps to 5.86% in 2023, then dropped by -12bps to 5.16% in 2024, then plummeted by -1949bps to 95.38% in 2025.
  • Business Quant data shows Net Margin for ET at 95.38% in Q4 2025, 4.81% in Q3 2025, and 5.67% in Q2 2025.