Energy Transfer (ET) Operating Leases (2019 - 2026)
Energy Transfer (ET) posted Operating Leases of $1.62 billion for Q2 2026, up 115.0% from $754 million a year earlier and up 3.3% from the prior quarter.
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Analysis
Energy Transfer (ET) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Energy Transfer's Operating Leases came in at $1.52 billion, up 107.5% from FY2024.
- Annual Operating Leases shows a five-year compound annual growth rate of 12.6% (FY2020 to FY2025).
- In prior years, Energy Transfer's Operating Leases was $730 million in FY2024 (-6.2%), $778 million in FY2023 (-2.5%), $798 million in FY2022 (-2.0%) and $814 million in FY2021 (-2.7%).
- The Q2 2026 figure stands as the highest quarterly Operating Leases in data going back to Q1 2019.
- On a year-over-year basis, Operating Leases has increased in each of the last six quarters, with growth averaging 42.2% over the last eight quarters.
- The strongest year-over-year quarter for Operating Leases in the past five years was Q2 2026, with growth of 115.0%; the weakest was Q1 2024, with a decline of 12.0%.
- According to Business Quant data, Operating Leases for the three prior quarters was $1.57 billion (Q1 2026), $1.52 billion (Q4 2025) and $803 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn |
| 10 | Venture Global | 32.11 Bn | 26.66 Bn | 2.92 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.62 Bn |
| Mar 31, 2026 | 1.57 Bn |
| Dec 31, 2025 | 1.52 Bn |
| Sep 30, 2025 | 803.00 Mn |
| Jun 30, 2025 | 754.00 Mn |
| Mar 31, 2025 | 752.00 Mn |
| Dec 31, 2024 | 730.00 Mn |
| Sep 30, 2024 | 742.00 Mn |
| Jun 30, 2024 | 750.00 Mn |
| Mar 31, 2024 | 696.00 Mn |
| Dec 31, 2023 | 778.00 Mn |
| Sep 30, 2023 | 775.00 Mn |
| Jun 30, 2023 | 786.00 Mn |
| Mar 31, 2023 | 791.00 Mn |
| Dec 31, 2022 | 798.00 Mn |
| Sep 30, 2022 | 794.00 Mn |
| Jun 30, 2022 | 801.00 Mn |
| Mar 31, 2022 | 809.00 Mn |
| Dec 31, 2021 | 814.00 Mn |
| Sep 30, 2021 | 799.00 Mn |
API Access
Energy Transfer Operating Leases 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=operating-leases&ticker=ET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=ET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();