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
DateValue
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%