Energy Transfer LP Common Units representing limited partner interests financials
$19.91−0.95%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $85.54B | $82.67B | $78.59B | $89.88B | $67.42B | $38.95B | $54.21B | $54.09B |
| Gross profit | $22.04B | $20.70B | $18.05B | $17.64B | $17.02B | $13.47B | $14.41B | $12.48B |
| Gross margin | 25.8% | 25.0% | 23.0% | 19.6% | 25.2% | 34.6% | 26.6% | 23.1% |
| Operating income | $9.03B | $9.14B | $8.29B | $7.74B | $8.79B | $2.98B | $7.20B | $5.40B |
| Net income | $4.17B | $4.39B | $3.47B | $4.33B | $5.18B | -$647.0M | $3.51B | $1.71B |
| Net margin | 4.9% | 5.3% | 4.4% | 4.8% | 7.7% | −1.7% | 6.5% | 3.2% |
| Diluted EPS | $1.21 | $1.28 | $1.09 | $1.40 | $1.89 | $-0.24 | $1.33 | $1.19 |
| EBITDA | $14.99B | $14.36B | $12.69B | $12.29B | $12.63B | $9.54B | $10.42B | $8.69B |
| Operating cash flow | $10.15B | $11.51B | $9.55B | $9.05B | $11.16B | $7.36B | $8.06B | $7.02B |
| Free cash flow | $3.85B | $7.34B | $6.42B | $5.67B | $8.34B | $2.23B | $2.10B | -$385.0M |
| Diluted shares | 3,449.5M | 3,420.5M | 3,177.2M | 3,097.0M | 2,739.5M | 2,695.6M | 2,637.6M | 1,461.4M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.27B | $312.0M | $161.0M | $257.0M | $336.0M | $367.0M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $68.33B | $59.76B | $52.39B | $48.26B | $49.70B | $51.44B |
| Total assets | $141.29B | $125.38B | $113.70B | $105.64B | $105.96B | $95.14B |
| Total liabilities | $92.03B | $78.95B | $68.98B | $64.49B | $65.83B | $62.99B |
| Shareholders' equity | $49.01B | $46.02B | $43.94B | $40.66B | $40.13B | $32.15B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology