Energy Transfer (ET) Operating Leases (2019 - 2026)
Energy Transfer (ET) posted Operating Leases of $1.6 billion for Q1 2026, up 3.56% on a QoQ basis from $1.5 billion in Q4 2025, and up 108.64% year-over-year from $752.0 million in Q1 2025.
Energy Transfer (ET) Operating Leases (2019 - 2026) Analysis & Trends
Energy Transfer (ET) has reported Operating Leases for 8 consecutive years, with $1.6 billion the latest figure, recorded in Q1 2026.
- Operating Leases for Q1 2026 came in at $1.6 billion, up 108.64% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.6 billion (up 108.64% YoY), and the FY2025 annual result was $1.5 billion, up 107.53% from the prior year.
- Operating Leases was $1.6 billion for Q1 2026 at Energy Transfer, up from $1.5 billion in the prior quarter.
- Over five years, Operating Leases peaked at $1.6 billion in Q1 2026 and troughed at $696.0 million in Q1 2024.
- A 5-year average of $861.4 million and a median of $786.0 million in 2023 frame the typical range for Operating Leases.
- Annual changes were most pronounced in 2024 — Operating Leases declined 12.01% — and 2026, when it surged 108.64%.
- Year by year, Operating Leases stood at $798.0 million in 2022, then declined by 2.51% to $778.0 million in 2023, then declined by 6.17% to $730.0 million in 2024, then soared by 107.53% to $1.5 billion in 2025, then grew by 3.56% to $1.6 billion in 2026.
- Per Business Quant, the three latest ET Operating Leases figures stand at $1.6 billion (Q1 2026), $1.5 billion (Q4 2025), and $803.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn |
| 10 | Plains All American Pipeline | 15.72 Bn | 15.54 Bn | 977.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 812.00 Mn |