Energy Transfer (ET) Tax Rate (2009 - 2026)

Energy Transfer (ET) posted Tax Rate of 6.4% for Q1 2026, down 38.24% on a QoQ basis from 10.35% in Q4 2025, and up 407.0% year-over-year from 1.26% in Q1 2025.

Energy Transfer (ET) Tax Rate (2009 - 2026) Analysis & Trends

Energy Transfer's Tax Rate history runs 18 years deep, the most recent figure standing at 6.4% for Q1 2026.

  • Quarterly Tax Rate rose 407.0% year-over-year to 6.4% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 6.93% (down 3.0% YoY) and the FY2025 annual result came in at 5.78%, down 184.0% from the prior year.
  • Tax Rate was 6.4% for Q1 2026 at Energy Transfer, down from 10.35% 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.
  • A 5-year average of 5.65% and a median of 5.84% in 2022 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2022 — Tax Rate soared 727 bps — and 2025, when it sank 509 bps.
  • Energy Transfer's 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 sank by 38 bps to 6.4% in 2026.
  • Business Quant data shows ET's Tax Rate at 6.4% in Q1 2026, 10.35% in Q4 2025, and 6.31% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn -0.08%
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn -0.12%
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 23.33%
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 24.82%
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 1.45%
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 10.04%
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 6.40%
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 20.27%
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 24.00%
10 Mplx 58.39 Bn 56.89 Bn 1.95 Bn 0.11%

Historic Data

Download Data
DateValue
Mar 31, 2026 6.40%
Mar 31, 2026 6.40%
Mar 31, 2026 6.40%
Dec 31, 2025 10.35%
Dec 31, 2025 10.35%
Dec 31, 2025 10.35%
Sep 30, 2025 6.31%
Sep 30, 2025 6.31%
Sep 30, 2025 6.31%
Jun 30, 2025 5.14%
Jun 30, 2025 5.14%
Jun 30, 2025 5.14%
Mar 31, 2025 2.33%
Mar 31, 2025 2.33%
Mar 31, 2025 2.33%
Dec 31, 2024 8.59%
Dec 31, 2024 8.59%
Dec 31, 2024 8.59%
Sep 30, 2024 5.84%
Sep 30, 2024 5.84%