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
DateValue
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