Energy Transfer LP logo ET - Energy Transfer LP

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 1
BUY 28
HOLD 4
SELL 0
STRONG
SELL 0
| PRICE TARGET: $23.00 DETAILS
HIGH: $23.00
LOW: $23.00
MEDIAN: $23.00
CONSENSUS: $23.00
UPSIDE: 13.58%
Annual Quarterly
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Revenue
Revenue 82,626 82,671 78,586 89,876 67,417 38,954 54,213 54,087 40,523 37,504 42,126 55,691 48,335 16,964 8,240.7 6,598.1 5,417.3 9,293.4 6,792.0 7,859.1 6,168.8 2,347.0
Cost of Revenue 64,619 66,979 64,785 76,570 53,969 28,705 43,095 44,692 33,610 25,894 30,716 50,383 44,122 14,150 6,101.9 4,111.3 3,122.1 7,719.9 5,078.2 6,991.3 5,701.1 1,981.4
Gross Profit 18,007 15,692 13,801 13,306 13,448 10,249 11,118 9,395 6,913 5,898 5,380 5,308 4,213 2,814 2,138.8 2,486.8 2,295.2 1,573.5 1,713.8 867.8 467.7 365.5
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 1,018 1,337 1,109 1,018 818 711 694 702 599 791 803 744 660 517 292.2 234.3 178.9 200.2 713.1 162.6 64.1 31.1
Other Expenses 7,549 5,217 4,397 4,550 3,838 6,558 3,221 3,290 3,593 3,256 2,290 2,094 2,002 0 611.8 1,215.7 1,005.9 274.4 191.4 129.6 105.8 203.6
Operating Expenses 8,567 6,554 5,506 5,568 4,656 7,269 3,915 3,992 4,192 4,047 3,093 2,838 2,662 340 904.0 1,450.1 1,184.8 474.6 904.5 292.3 169.8 234.7
Operating Income
Operating Income 9,440 9,138 8,295 7,738 8,792 2,980 7,203 5,403 2,713 1,851 2,287 2,470 1,551 1,360 1,234.8 1,036.7 1,110.4 1,098.9 809.3 575.5 297.9 130.8
Interest Expense 3,324 3,125 2,578 2,306 2,267 2,327 2,331 2,055 1,922 1,804 1,622 1,369 1,221 1,080 739.8 624.9 468.4 357.5 316.4 150.6 141.1 41.2
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 14,927 15,396 12,560 12,288 12,630 9,538 10,498 8,693 6,314 5,107 4,715 4,564 3,553 3,388 1,896.8 1,321.0 1,500.5 1,175.7 1,007.4 709.1 409.6 (205.8)
EBIT 9,611 10,231 8,175 8,124 8,813 5,860 7,351 5,689 3,760 2,891 2,636 2,840 2,240 2,517 1,288 984 1,175.5 1,041.1 809.3 584.6 297.9 525.9
Income Before Tax 6,287 7,106 5,597 6,072 6,871 377 5,020 3,634 710 (176) 993 1,417 375 1,437 545.1 351.6 707.1 683.6 563.4 433.9 104.8 449.6
Income Tax Expense 222 541 303 204 184 237 195 4 (1,833) (217) (100) 357 93 54 16.9 13.7 9.2 3.8 11.4 23.0 4.4 2.8
Net Income 4,901 4,814 3,935 4,756 5,470 (648) 3,518 1,694 954 995 1,189 633 196 304 309.8 192.8 442.5 375.0 319.4 107.1 146.7 450.2
Per Share Data
EPS (Basic) 1.36 1.29 1.10 1.40 1.89 -0.24 1.34 1.19 0.85 0.94 1.11 0.58 0.18 0.28 0.35 0.22 0.50 0.42 0.39 0.20 0.33 1.06
EPS (Diluted) 1.35 1.28 1.09 1.40 1.89 -0.24 1.33 1.16 0.80 0.92 1.11 0.57 0.18 0.28 0.35 0.22 0.50 0.42 0.39 0.20 0.27 0.85
Shares Outstanding 3,650 3,395.1 3,161.7 3,086.8 2,734.4 2,695.6 2,628 1,423.8 1,078.2 1,045.5 1,062.8 1,094.7 1,121.8 1,069.0 891.8 891.8 891.6 891.3 818.3 535.3 447.8 422.8
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Current Assets
Cash & Cash Equivalents 1,272 312 161 257 336 367 291 419 336 467 606 847 590 372 126.3 86.3 68.3 92.0 77.3 26.2 33.5 82.9
Short-Term Investments 52 9 66 10 10 9 23 111 24 21 46 81 39 25 17.0 18.4 18.4 11.3 3.0 2.8 3.5 2.5
Net Receivables 11,451 10,334 9,215 8,559 7,708 3,954 5,197 4,193 4,557 3,604 2,845 3,413 3,721 3,128 802.2 710.6 641.6 651.6 877.4 699.4 950.0 260.0
Inventory 4,986 3,070 2,683 2,461 2,014 1,739 1,532 1,818 2,022 2,055 1,710 1,467 1,856 1,522 394.2 418.6 469.6 272.3 192.3 387.1 302.9 53.3
Other Current Assets 472 159 308 412 257 119 264 209 3,537 400 203 207 263 575 115.7 57.2 70.0 83.7 42.3 144.7 139.0 75.5
Total Current Assets 18,233 14,202 12,433 12,081 10,537 6,317 7,464 6,750 10,683 6,899 5,410 6,139 6,536 5,597 1,455.4 1,291.0 1,268.0 1,181.0 1,050.6 1,302.7 1,465.2 481.9
Non-Current Assets
Property, Plant & Equipment 103,983 96,021 86,177 81,130 82,445 75,973 75,157 66,963 61,088 53,578 48,683 40,292 30,682 28,284 14,558.6 11,852.7 9,064.5 8,702.5 5,971.1 3,748.6 2,887.8 1,915.3
Goodwill 5,452 3,903 4,019 2,566 2,533 2,391 5,167 4,885 4,768 5,670 7,473 7,865 5,894 6,434 2,039.0 1,600.6 775.1 773.3 748.0 634.0 0 348.8
Intangible Assets 7,438 5,971 6,239 5,415 5,856 5,746 6,154 6,000 6,116 5,512 5,431 5,582 2,264 2,291 1,072.3 1,260.4 389.7 403.0 356.7 185.7 472.0 0
Long-Term Investments 3,799 3,266 3,218 2,893 2,947 3,060 3,638 2,820 2,897 3,230 3,654 3,846 4,410 4,780 1,522.6 1,374.0 663.3 10.1 1,499.5 663.2 0 8.0
Other Non-Current Assets 2,381 2,017 1,733 1,558 1,645 1,657 1,571 1,006 886 4,226 730 742 544 1,518 248.9 14.0 0 0 56.7 53.1 92.1 111.3
Total Non-Current Assets 123,507 111,178 101,265 93,562 95,426 88,827 91,509 81,496 75,563 72,026 65,779 58,140 43,794 43,307 19,441.3 16,087.7 10,892.5 9,888.9 7,132.5 4,621.4 3,451.9 2,383.3
Total Assets 141,740 125,380 113,698 105,643 105,963 95,144 98,973 88,246 86,246 78,925 71,189 64,279 50,330 48,904 20,896.8 17,378.7 12,160.5 11,069.9 8,183.1 5,924.1 4,917.1 2,865.2
Current Liabilities
Account Payables 9,510 8,325 6,684 6,969 6,834 2,836 4,149 3,552 4,716 3,544 2,302 3,368 3,848 3,122 545 448.9 397.7 416.4 721.1 603.8 819.2 237.1
Short-Term Debt 270 8 1,000 48 677 20 20 2,655 413 1,194 131 1,008 637 0 424.2 35.3 40.9 45.2 47.1 40.6 39.4 31.2
Deferred Revenue 366 0 0 268 0 0 0 0 0 0 0 0 0 0 100.5 583.7 386.0 498.1 253.4 205.9 152.0 88.8
Other Current Liabilities 4,315 2,404 1,840 2,707 2,030 1,856 2,428 1,993 1,648 1,539 1,664 1,398 1,274 2,723 759.0 495.5 403.2 612.0 121.6 170.5 371.9 118.3
Total Current Liabilities 14,955 12,656 11,277 10,368 10,835 5,923 7,724 9,310 7,897 7,277 4,910 6,683 6,500 5,845 1,841.3 1,081.1 889.7 1,208.9 932.8 1,020.8 1,256.2 404.9
Non-Current Liabilities
Long-Term Debt 69,741 59,702 51,361 48,251 49,013 51,411 51,002 43,373 43,671 42,858 36,837 29,477 22,562 21,440 10,946.9 9,346.1 7,751.0 7,190.4 5,870.1 3,205.6 2,276.0 1,071.2
Deferred Tax Liabilities 5,761 4,190 3,931 3,701 3,648 3,428 3,208 2,926 3,315 5,112 4,590 4,410 3,865 3,566 217 0 204.4 194.9 199.9 207.9 215.1 216.7
Other Non-Current Liabilities 426 1,618 1,615 1,364 1,516 1,389 1,435 1,288 1,362 1,232 1,239 1,380 1,124 1,703 504 703.9 95.1 136.4 13.0 5.0 45.8 0.8
Total Non-Current Liabilities 77,525 66,290 57,704 54,123 55,000 57,071 56,572 47,587 48,348 49,169 42,633 35,234 27,519 26,709 11,666.5 10,049.9 8,050.5 7,521.7 5,415.0 3,418.5 2,536.9 1,288.7
Total Liabilities 92,480 78,946 68,981 64,491 65,835 62,994 64,296 56,897 56,245 56,446 47,543 41,917 34,019 32,481 13,507.8 11,131.0 8,940.3 8,730.6 6,347.8 4,439.3 3,793.1 1,693.6
Stockholders' Equity
Common Stock 30,930 31,195 30,197 26,960 25,230 18,531 21,935 20,606 0 0 0 670 1,072 2,125 0 0 0 0 (4.4) 0 0.8 0
Retained Earnings 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Accumulated Other Comprehensive Income 82 73 28 16 23 6 (11) (42) 0 0 0 (5) 9 0 0.7 4.8 (53.6) (67.8) (11.2) 45.8 (88.9) 0.0
Total Stockholders' Equity 34,368 35,120 36,684 33,027 31,304 18,537 21,924 20,564 (1,193) (1,691) (930) 665 1,081 2,113 124.3 438.3 73.5 38.3 (47.1) 45.8 (88.1) (368.3)
Total Liabilities & Equity 141,740 125,380 113,698 105,643 105,963 95,144 98,973 88,246 86,246 78,925 71,189 64,279 50,330 48,904 20,843.3 17,258.1 12,160.4 11,153.3 8,183.1 5,924.1 4,917.1 2,128.6
Debt Metrics
Total Debt 71,608 60,558 53,222 49,107 50,566 52,331 52,019 46,028 44,084 44,052 36,968 30,485 23,199 22,384 11,371.0 9,381.4 7,791.9 7,235.6 5,245.7 3,246.3 2,332.4 1,102.4
Net Debt 70,336 60,246 53,061 48,850 50,230 51,964 51,728 45,609 43,748 43,585 36,362 29,638 22,609 22,012 11,244.7 9,295.1 7,723.6 7,143.6 5,168.4 3,220.0 2,298.9 1,019.5
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Operating Activities
Net Income 5,708 6,565 5,294 5,868 6,687 140 4,825 3,420 2,366 0 1,061 1,124 315 1,274 528 337 697.9 679.8 319.4 107.1 146.7 450.2
Depreciation & Amortization 5,682 5,165 4,385 4,164 3,817 3,678 3,147 2,859 2,554 2,216 1,951 1,724 1,313 871 586 406 325.0 274.4 198.1 133.6 111.7 58.5
Stock-Based Compensation 148 151 130 115 111 121 113 105 99 70 91 82 61 47 42 31 25.8 25.6 0 0 0 0
Change in Working Capital (1,976) (196) (451) (1,502) 515 47 (391) 234 (192) (179) (872) (231) (149) (551) 158 260 (348.6) 131.6 248.1 (100.4) (159.8) 10.4
Other Non-Cash Items 409 (455) (6) 219 (109) 3,165 145 895 1,473 1,392 509 526 836 (614) 63 50 14.9 40.6 (4.1) 177.2 (58.9) (391.6)
Operating Cash Flow 10,149 11,506 9,555 9,051 11,162 7,361 8,154 7,506 4,429 3,417 3,068 3,175 2,419 1,078 1,376.7 1,086.9 723.5 823.8 754.5 310.8 56.5 122.1
Investing Activities
Capital Expenditure (6,303) (4,164) (3,134) (3,381) (2,822) (5,130) (5,960) (7,407) (8,444) (8,092) (9,386) (5,381) (3,505) (3,271) (1,810.2) (1,510.0) (748.6) (2,054.8) (1,096.7) (680.2) (196.5) (109.7)
Acquisitions (2,261) (2,827) (1,326) (839) (209) (38) (299) 6 2,627 (1,638) (945) (1,810) 946 (1,369) (2,121.3) (437.8) 30.4 (84.8) (90.7) (586.2) (1,131.8) (622.9)
Purchases of Investments 0 (84) 0 0 (4) (38) (523) (26) (268) (68) (45) (334) (3) (37) 0 0 0 19.4 (993.9) (4.7) 0 0
Sales/Maturities of Investments 0 0 0 0 4 38 0 7,407 3,478 (7,873) 9,386 5,381 3,505 3,271 0 0 0 54.5 0 6.9 0 0
Other Investing Activities 191 1,171 135 198 256 270 98 (7,055) (2,999) 8,204 (9,104) (4,651) (3,290) (2,790) 58.6 117.8 (627.5) 50.0 23.1 19.7 194.6 0.8
Investing Cash Flow (8,373) (5,904) (4,325) (4,022) (2,775) (4,898) (6,684) (7,075) (5,606) (9,467) (10,094) (6,795) (2,347) (4,196) (3,872.9) (1,830.0) (1,345.8) (2,015.6) (2,158.1) (1,244.4) (1,133.7) (731.8)
Financing Activities
Net Debt Issuance 4,818 4,741 714 (843) (6,051) 307 2,365 (118) 85 6,975 6,627 4,489 983 4,022 1,944.8 261.7 522.0 1,290.1 680.5 928.8 1,215.8 375.7
Stock Repurchased 0 (3,466) 0 0 (31) 0 (25) (24) (53) 0 (1,064) (1,000) (340) 0 0 0 0 0 0 (369.4) 0 0
Dividends Paid (4,725) (4,623) (4,248) (3,047) (1,898) (2,802) (3,054) (1,681) (1,008) (1,019) (1,087) (819) (731) (666) (1,304.2) (1,050.6) (852.1) (435.9) (277.0) (101.3) 0 (266.3)
Other Financing Activities (1,882) (2,103) (1,792) (1,218) (438) (1,472) (1,664) (1,280) (1,872) (29) (1,580) (2,850) (106) (1,097) (785.2) (2.1) (390.6) 0 488.9 (5.7) (28.9) 0
Financing Cash Flow (816) (5,451) (5,326) (5,108) (8,418) (2,387) (1,598) (3,082) 953 5,927 6,785 3,877 146 3,364 2,536.3 761.0 598.6 1,227.3 1,454.7 926.4 1,027.9 637.5
Cash Position
Net Change in Cash 960 151 (96) (79) (31) 76 (128) 83 (131) (123) (241) 257 218 246 40.1 17.9 (23.7) 35.5 51.1 (7.3) (49.4) 27.8
Cash at Beginning 312 161 257 336 367 291 419 336 467 606 847 590 372 126 86.3 68.3 92.0 56.6 26.2 33.5 82.9 55.1
Cash at End 1,272 312 161 257 336 367 291 419 336 483 606 847 590 372 126.3 86.3 68.3 92.0 77.3 26.2 33.5 82.9
Free Cash Flow 3,846 7,342 6,421 5,670 8,340 2,231 2,194 99 (4,015) (4,675) (6,318) (2,206) (1,086) (2,193) (433.5) (423.1) (25.2) (1,231.0) (342.2) (369.4) (140.0) 12.4
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Income Statement
Revenue 82,626 82,671 78,586 89,876 67,417 38,954 54,213 54,087 40,523 37,504 42,126 55,691 48,335 16,964 8,240.7 6,598.1 5,417.3 9,293.4 6,792.0 7,859.1 6,168.8 2,347.0
Gross Profit 18,007 15,692 13,801 13,306 13,448 10,249 11,118 9,395 6,913 5,898 5,380 5,308 4,213 2,814 2,138.8 2,486.8 2,295.2 1,573.5 1,713.8 867.8 467.7 365.5
Operating Income 9,440 9,138 8,295 7,738 8,792 2,980 7,203 5,403 2,713 1,851 2,287 2,470 1,551 1,360 1,234.8 1,036.7 1,110.4 1,098.9 809.3 575.5 297.9 130.8
Net Income 4,901 4,814 3,935 4,756 5,470 (648) 3,518 1,694 954 995 1,189 633 196 304 309.8 192.8 442.5 375.0 319.4 107.1 146.7 450.2
EPS (Diluted) 1.35 1.28 1.09 1.40 1.89 -0.24 1.33 1.16 0.80 0.92 1.11 0.57 0.18 0.28 0.35 0.22 0.50 0.42 0.39 0.20 0.27 0.85
Balance Sheet
Cash & Equivalents 1,272 312 161 257 336 367 291 419 336 467 606 847 590 372 126.3 86.3 68.3 92.0 77.3 26.2 33.5 82.9
Total Assets 141,740 125,380 113,698 105,643 105,963 95,144 98,973 88,246 86,246 78,925 71,189 64,279 50,330 48,904 20,896.8 17,378.7 12,160.5 11,069.9 8,183.1 5,924.1 4,917.1 2,865.2
Total Debt 71,608 60,558 53,222 49,107 50,566 52,331 52,019 46,028 44,084 44,052 36,968 30,485 23,199 22,384 11,371.0 9,381.4 7,791.9 7,235.6 5,245.7 3,246.3 2,332.4 1,102.4
Stockholders' Equity 34,368 35,120 36,684 33,027 31,304 18,537 21,924 20,564 (1,193) (1,691) (930) 665 1,081 2,113 124.3 438.3 73.5 38.3 (47.1) 45.8 (88.1) (368.3)
Cash Flow
Operating Cash Flow 10,149 11,506 9,555 9,051 11,162 7,361 8,154 7,506 4,429 3,417 3,068 3,175 2,419 1,078 1,376.7 1,086.9 723.5 823.8 754.5 310.8 56.5 122.1
Capital Expenditure (6,303) (4,164) (3,134) (3,381) (2,822) (5,130) (5,960) (7,407) (8,444) (8,092) (9,386) (5,381) (3,505) (3,271) (1,810.2) (1,510.0) (748.6) (2,054.8) (1,096.7) (680.2) (196.5) (109.7)
Free Cash Flow 3,846 7,342 6,421 5,670 8,340 2,231 2,194 99 (4,015) (4,675) (6,318) (2,206) (1,086) (2,193) (433.5) (423.1) (25.2) (1,231.0) (342.2) (369.4) (140.0) 12.4