KPIs & Operating Metrics(New)
Growth Metrics

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

Energy Transfer's Net Margin history spans 17 years, with the latest figure at 27.38% for Q4 2025.

  • For Q4 2025, Net Margin rose 2222.0% year-over-year to 27.38%; the TTM value through Dec 2025 reached 6.58%, up 127.0%, while the annual FY2025 figure was 4.88%, 44.0% down from the prior year.
  • Net Margin reached 27.38% in Q4 2025 per ET's latest filing, up from 4.81% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 27.38% in Q4 2025 to a low of 2.25% in Q3 2023.
  • Average Net Margin over 5 years is 6.64%, with a median of 5.14% recorded in 2024.
  • Peak YoY movement for Net Margin: surged 2667bps in 2021, then plummeted -1366bps in 2022.
  • A 5-year view of Net Margin shows it stood at 4.4% in 2021, then increased by 16bps to 5.12% in 2022, then grew by 15bps to 5.86% in 2023, then dropped by -12bps to 5.16% in 2024, then surged by 431bps to 27.38% in 2025.
  • Per Business Quant, the three most recent readings for ET's Net Margin are 27.38% (Q4 2025), 4.81% (Q3 2025), and 5.67% (Q2 2025).