Energy Transfer (ET) Operating Income (2009 - 2026)

Energy Transfer (ET) posted Operating Income of $3.0 billion for Q1 2026, up 43.69% on a QoQ basis from $2.1 billion in Q4 2025, and up 19.75% year-over-year from $2.5 billion in Q1 2025.

Energy Transfer (ET) Operating Income (2009 - 2026) Analysis & Trends

Energy Transfer's Operating Income history runs 18 years deep, the most recent figure standing at $3.0 billion for Q1 2026.

  • Quarterly Operating Income rose 19.75% year-over-year to $3.0 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $9.5 billion (up 2.92% YoY) and the FY2025 annual result came in at $9.0 billion, down 1.21% from the prior year.
  • Operating Income was $3.0 billion for Q1 2026 at Energy Transfer, up from $2.1 billion in the prior quarter.
  • Across five years, Operating Income topped out at $3.0 billion in Q1 2026 and bottomed at $1.8 billion in Q4 2022.
  • A 5-year average of $2.2 billion and a median of $2.2 billion in 2023 frame the typical range for Operating Income.
  • Peak annual rise in Operating Income reached 37.3% in 2022, while the deepest fall reached 54.63% in 2022.
  • Energy Transfer's Operating Income stood at $1.8 billion in 2022, then advanced by 19.88% to $2.2 billion in 2023, then gained by 5.27% to $2.3 billion in 2024, then retreated by 8.91% to $2.1 billion in 2025, then soared by 43.69% to $3.0 billion in 2026.
  • Business Quant data shows ET's Operating Income at $3.0 billion in Q1 2026, $2.1 billion in Q4 2025, and $2.2 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 167.66 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn 83.60 Mn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 1.35 Bn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 2.35 Bn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 1.90 Bn
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 441.01 Mn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 2.98 Bn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 846.90 Mn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 1.43 Bn
10 Mplx 58.39 Bn 56.89 Bn 1.95 Bn 1.21 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.98 Bn
Dec 31, 2025 2.08 Bn
Sep 30, 2025 2.15 Bn
Jun 30, 2025 2.31 Bn
Mar 31, 2025 2.49 Bn
Dec 31, 2024 2.28 Bn
Sep 30, 2024 2.18 Bn
Jun 30, 2024 2.30 Bn
Mar 31, 2024 2.38 Bn
Dec 31, 2023 2.17 Bn
Sep 30, 2023 2.23 Bn
Jun 30, 2023 1.84 Bn
Mar 31, 2023 2.06 Bn
Dec 31, 2022 1.81 Bn
Sep 30, 2022 1.97 Bn
Jun 30, 2022 2.11 Bn
Mar 31, 2022 1.85 Bn
Dec 31, 2021 1.69 Bn
Sep 30, 2021 1.44 Bn
Jun 30, 2021 1.60 Bn