Energy Transfer (ET) Tax Rate (2009 - 2026)
Energy Transfer (ET) posted Tax Rate of 7.12% for Q2 2026, up 1.98 percentage points from 5.14% a year earlier and up 0.73 percentage points from the prior quarter.
Powered by 
Analysis
Energy Transfer (ET) Tax Rate (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Energy Transfer was 7.36%, up 1.97 percentage points year-over-year; for FY2025, it came in at 5.78%, down 1.84 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of -57.09 percentage points (FY2020 to FY2025).
- In prior years, Energy Transfer's Tax Rate was 7.61% in FY2024 (+2.20 pp), 5.41% in FY2023 (+2.05 pp), 3.36% in FY2022 (+0.68 pp) and 2.68% in FY2021 (-60.19 pp).
- Quarterly Tax Rate has run from a low of -4.23% in Q4 2021 to a high of 10.35% in Q4 2025 over five years.
- On a year-over-year basis, Tax Rate has increased in each of the last four quarters, with an average year-over-year change of +0.65 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q3 2021, with a gain of 19.21 percentage points; the weakest was Q4 2021, with a drop of 11.88 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 6.40% (Q1 2026), 10.35% (Q4 2025) and 6.31% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.88 Bn | 99.42 Bn | 4.84 Bn | 21.97% |
| 2 | Enterprise Products Partners | 77.78 Bn | 76.22 Bn | - | 0.64% |
| 3 | Energy Transfer | 68.56 Bn | 62.00 Bn | 7.40 Bn | 7.12% |
| 4 | Kinder Morgan | 67.77 Bn | 68.72 Bn | 3.07 Bn | 23.33% |
| 5 | Tc Energy | 60.65 Bn | 63.72 Bn | 2.81 Bn | - |
| 6 | Targa Resources | 58.65 Bn | 58.26 Bn | 2.14 Bn | 22.61% |
| 7 | Mplx | 57.82 Bn | 51.38 Bn | 2.91 Bn | 0.18% |
| 8 | Cheniere Energy | 55.20 Bn | 55.33 Bn | 5.29 Bn | 9.13% |
| 9 | Oneok | 54.77 Bn | 53.26 Bn | 2.81 Bn | 23.62% |
| 10 | Venture Global | 31.21 Bn | 25.77 Bn | 2.92 Bn | 19.17% |
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% |
| Sep 30, 2021 | 7.83% |
| Jun 30, 2021 | 8.28% |
| Mar 31, 2021 | 2.02% |
API Access
Energy Transfer Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=ET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "ET", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=ET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();