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

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

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

Energy Transfer has reported Tax Rate for 18 years, with the latest figure at 6.4% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate rose 407.0% year-over-year to 6.4%; the trailing twelve-month figure through Mar 2026 stood at 6.93% (down 3.0% YoY), and the FY2025 full-year result was 5.78%, down 184.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 6.4%, down from 10.35% in the prior quarter.
  • The five-year high for Tax Rate was 10.35% in Q4 2025, with the low at 0.61% in Q1 2022.
  • Historically, Tax Rate has averaged 5.65% across 5 years, with a median of 5.84% in 2022.
  • Annual changes were most pronounced in 2022 — Tax Rate soared 727 bps — and 2025, when it slumped 509 bps.
  • Energy Transfer's Tax Rate 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 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 24.82%
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 1.45%
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 22.28%
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 6.40%
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 0.11%
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 20.27%
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 24.00%
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 10.04%
10 Cheniere Energy 50.33 Bn 52.53 Bn 5.86 Bn 9.09%

Historic Data

Download Data
DateValue
Mar 31, 2026 6.40%
Mar 31, 2026 6.40%
Dec 31, 2025 10.35%
Dec 31, 2025 10.35%
Sep 30, 2025 6.31%
Sep 30, 2025 6.31%
Jun 30, 2025 5.14%
Jun 30, 2025 5.14%
Mar 31, 2025 2.33%
Mar 31, 2025 2.33%
Dec 31, 2024 8.59%
Dec 31, 2024 8.59%
Sep 30, 2024 5.84%
Sep 30, 2024 5.84%
Jun 30, 2024 10.23%
Jun 30, 2024 10.23%
Mar 31, 2024 5.00%
Mar 31, 2024 5.00%
Dec 31, 2023 2.91%
Dec 31, 2023 2.91%