Energy Transfer (ET) Tax Rate (2009 - 2026)
Energy Transfer's (ET) quarterly Tax Rate came in at 6.4% in Q1 2026, up 407.0% YoY from 1.26% in Q1 2025, and down 38.24% on a QoQ basis from 10.35% in Q4 2025.
Energy Transfer (ET) Tax Rate (2009 - 2026) Analysis & Trends
Energy Transfer (ET) has 18 years of Tax Rate data on file, last reported at 6.4% in 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 slipped to 6.4% in Q1 2026, from 10.35% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 10.35% in Q4 2025 to a low of 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 slumped 509 bps.
- Tracing ET's Tax Rate over 5 years: stood at 3.04% in 2022, then retreated by 4 bps to 2.91% in 2023, then surged by 195 bps to 8.59% in 2024, then climbed by 21 bps to 10.35% in 2025, then tumbled by 38 bps to 6.4% in 2026.
- The last three Tax Rate figures came in at 6.4% (Q1 2026), 10.35% (Q4 2025), and 6.31% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 23.33% |
| 2 | Enbridge | 110.91 Bn | 109.42 Bn | 5.23 Bn | 21.97% |
| 3 | Enterprise Products Partners | 83.41 Bn | 82.50 Bn | - | 0.64% |
| 4 | Energy Transfer | 72.45 Bn | 71.42 Bn | 7.40 Bn | 7.12% |
| 5 | Tc Energy | 65.95 Bn | 58.39 Bn | 1.24 Bn | 5.85% |
| 6 | Mplx | 60.44 Bn | 59.41 Bn | 2.73 Bn | 0.18% |
| 7 | Oneok | 59.80 Bn | 59.64 Bn | 2.81 Bn | 23.62% |
| 8 | Targa Resources | 59.00 Bn | 58.86 Bn | 2.14 Bn | 22.61% |
| 9 | Cheniere Energy | 55.77 Bn | 54.52 Bn | 5.29 Bn | 9.13% |
| 10 | Venture Global | 34.04 Bn | 30.82 Bn | 2.92 Bn | 19.17% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.12% |
| Jun 30, 2026 | 7.12% |
| Jun 30, 2026 | 7.12% |
| 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% |