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's Operating Leases history runs 8 years deep, the most recent figure standing at $1.6 billion for Q1 2026.
- Quarterly Operating Leases rose 108.64% year-over-year to $1.6 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.6 billion (up 108.64% YoY) and the FY2025 annual result came in at $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.
- Across five years, Operating Leases topped out at $1.6 billion in Q1 2026 and bottomed 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 retreated 12.01% — and 2026, when it jumped 108.64%.
- Energy Transfer's 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.
- Business Quant data shows ET's Operating Leases at $1.6 billion in Q1 2026, $1.5 billion in Q4 2025, and $803.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn |
| 10 | Mplx | 58.39 Bn | 56.89 Bn | 1.95 Bn |
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 |