Energy Transfer (ET) Tax Rate (2009 - 2026)
Energy Transfer's (ET) quarterly Tax Rate came in at 7.12% in Q2 2026, up 198.0% on a YoY basis from 2.39% in Q2 2025, and up 11.37% quarter-over-quarter from 6.4% in Q1 2026.
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Analysis
Energy Transfer (ET) Tax Rate (2009 - 2026) Analysis & Trends
Energy Transfer (ET) has reported Tax Rate for 18 consecutive years, with 7.12% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate rose 198.0% year-over-year to 7.12%; the trailing twelve-month figure through Jun 2026 stood at 7.36% (up 197.0% YoY), and the FY2025 full-year result was 5.78%, down 184.0% from the prior year.
- Tax Rate rose to 7.12% in Q2 2026 per ET's latest filing, from 6.4% in the prior quarter.
- Across five years, Tax Rate topped out at 10.35% in Q4 2025 and bottomed at 0.61% in Q1 2022.
- Historically, Tax Rate has averaged 5.73% across 5 years, with a median of 5.84% in 2022.
- The sharpest annual moves came in 2022 and 2025: Tax Rate jumped 727 bps in 2022, then tumbled 509 bps in 2025.
- Over 5 years, Tax Rate stood at 3.04% in 2022, then slipped by 4 bps to 2.91% in 2023, then jumped by 195 bps to 8.59% in 2024, then increased by 21 bps to 10.35% in 2025, then plunged by 31 bps to 7.12% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 7.12%, 6.4%, and 10.35% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 23.33% |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 0.64% |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 7.12% |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 5.85% |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 22.61% |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 0.18% |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 23.62% |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 21.97% |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 21.47% |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.12% |
| Mar 31, 2026 | 6.40% |
| Dec 31, 2025 | 10.35% |
| Sep 30, 2025 | 6.31% |
| Jun 30, 2025 | 5.14% |
| Mar 31, 2025 | 2.33% |
| Dec 31, 2024 | 8.59% |
| Sep 30, 2024 | 5.84% |
| Jun 30, 2024 | 10.23% |
| Mar 31, 2024 | 5.00% |
| Dec 31, 2023 | 2.91% |
| Sep 30, 2023 | 6.85% |
| Jun 30, 2023 | 8.05% |
| Mar 31, 2023 | 4.68% |
| Dec 31, 2022 | 3.04% |
| Sep 30, 2022 | 5.84% |
| Jun 30, 2022 | 5.04% |
| Mar 31, 2022 | -0.61% |
| Dec 31, 2021 | -4.23% |
| Sep 30, 2021 | 7.83% |