Energy Transfer (ET) Operating Leases (2019 - 2026)
Energy Transfer's (ET) quarterly Operating Leases came in at $1.6 billion in Q1 2026, up 108.64% YoY from $752.0 million in Q1 2025, and up 3.56% on a QoQ basis from $1.5 billion in Q4 2025.
Energy Transfer (ET) Operating Leases (2019 - 2026) Analysis & Trends
Energy Transfer (ET) has 8 years of Operating Leases data on file, last reported at $1.6 billion in 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 advanced to $1.6 billion in Q1 2026, from $1.5 billion in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $1.6 billion in Q1 2026 to a low of $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 dropped 12.01% — and 2026, when it jumped 108.64%.
- Tracing ET's Operating Leases over 5 years: stood at $798.0 million in 2022, then slipped by 2.51% to $778.0 million in 2023, then slipped by 6.17% to $730.0 million in 2024, then jumped by 107.53% to $1.5 billion in 2025, then advanced by 3.56% to $1.6 billion in 2026.
- The last three Operating Leases figures came in at $1.6 billion (Q1 2026), $1.5 billion (Q4 2025), and $803.0 million (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn |
| 2 | Enbridge | 111.03 Bn | 109.54 Bn | 5.23 Bn |
| 3 | Enterprise Products Partners | 83.34 Bn | 82.44 Bn | - |
| 4 | Energy Transfer | 72.41 Bn | 71.38 Bn | 7.40 Bn |
| 5 | Tc Energy | 65.97 Bn | 58.41 Bn | 1.24 Bn |
| 6 | Oneok | 60.11 Bn | 59.94 Bn | 2.81 Bn |
| 7 | Mplx | 60.04 Bn | 59.01 Bn | 2.73 Bn |
| 8 | Targa Resources | 59.42 Bn | 59.29 Bn | 2.14 Bn |
| 9 | Cheniere Energy | 56.10 Bn | 54.85 Bn | 5.29 Bn |
| 10 | Venture Global | 34.30 Bn | 31.08 Bn | 2.92 Bn |
Historic Data
Download 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 |