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Energy Transfer Lp (ET) Annual Income Statement

Annual · GAAP · USD millions
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Quarterly income statement trends provide context on Energy Transfer Lp's margins, operating leverage, and earnings trajectory.
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Annual Report, GAAP in USD millions
ITEM 		(Dec 31 2025)
2025 		(Dec 31 2024) (Dec 31 2023) (Dec 31 2022) (Dec 31 2021)
Revenues
Revenue From Contract With Customer Including Assessed Tax0.00
Total Revenue85,536.00
Costs & Expenses
Cost of Goods and Services Sold63,495.00
Gross Profit22,041.00
Selling, Administration, Marketing1,180.00
Depreciation & Amortization5,682.00
Restructuring, Accretion & Impairment Charges285.00
Other Operating Expense / -Income5,867.00
Total operating costs including COS76,509.00
Operating income / -loss9,027.00
Interest Expense3,474.00
Net Interest Expense / -Income3,474.00
Extinguishment of Debt-34.00
Loss (Income) from Equity Method Investments-419.00
Other loss / -income-52.00
Total costs & expenses79,478.00
Income & Taxes
Income / -loss before income taxes6,058.00
Income taxes expenses / -benefit350.00
Income after income taxes5,708.00
Income / -loss from continuing operations5,708.00
Non-controlling interests1,275.00
Preferred dividends8.00
Other4.00
Net income / -loss5,708.00
Income / -loss to shareholder4,173.00
EBIT9,532.00
EBITD15,214.00
EBITDA15,214.00
Earnings Per Share
Basic EPS (excl. extra items)1.22
Basic Net EPS1.22
Basic shares outstanding (Mill. of Units)3,432.90
EPS other shares1.21
Diluted Net EPS1.22
Diluted average shares (Mill. of Units)3,449.50
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About Energy Transfer Lp Annual Income Statement

What this statement shows

This page presents issuer-reported income statement data, detailing revenue, operating costs, expenses, and earnings as disclosed in SEC 10-K filings and standardized by CSIMarket. The income statement reflects operating performance over a reporting period rather than financial position at a single date.

Revenue and expense treatment

Revenue and expense items are aligned to support period-to-period comparability. Operating and non-operating items, interest, and income taxes are classified based on issuer disclosures and XBRL tagging.

Source & verification

  • Source: SEC 10-K filings
  • Filed with the SEC: February 19, 2026
  • Original filing: et-20251231.htm

Income statement figures represent operating results for each reporting period and may be revised in subsequent filings.