Energy Transfer LP

ET Energy Oil & Gas Midstream

Energy Transfer LP’s revenue for fiscal 2025 (year ended December 2025) was $85.5 billion, up 3.47% from fiscal 2024.

Revenue
+85.9%
EPS
+17.9%
Free cash flow
+215.5%
Total debt
+9.11%

Quarter to September 2026, against a year earlier

19.21 0.25 −1.28%
Market cap
$66.1B
P/E
12.6×
Fwd P/E
12.0×
Dividend yield
8.78%
F-score
5/9
Altman Z
n/a
Beneish M
−2.48
Dividend safety
66/100

Energy Transfer LP (ET) Revenue growth

Alert me on Revenue growth

Energy Transfer LP's revenue growth over the twelve months to 30 September 2026 was 56.1%, up 52.7 percentage points from fiscal 2025 (3.47%). Over the past ten years it has ranged from −35.2% (fiscal 2015) to 73.1% (fiscal 2021); the current reading is higher than 55% of that period. That is above the Oil & Gas Midstream industry median of 14.9% and above the Energy sector median of 13.1%.

Revenue growth, annual

Embed this chart

Annual newest first

Period Revenue growth Change (points)
FY2025 3.47% (1.73)
FY2024 5.20% 17.76
FY2023 −12.6% (45.87)
FY2022 33.3% (39.76)
FY2021 73.1% 101.22
FY2020 −28.2% (28.38)
FY2019 0.23% (33.24)
FY2018 33.5% 6.01
FY2017 27.5% 39.38
FY2016 −11.9% 23.27

Quarterly newest first

Period Revenue growth Change (points)
Sep 2026 85.9% 7.51
Jun 2026 78.4% 46.31
Mar 2026 32.1% 2.55
Dec 2025 29.6% 33.51
43 more quarters

Against its own ten years

Low −35.2% High 73.1%
Ten-year median 3.47%
Current reading's percentile 55

Revenue growth against peers

Company Revenue growth
ET Energy Transfer LP 56.1%
OKE ONEOK, Inc. compare 36.8%
TRP TC Energy Corporation compare 24.0%
LNG Cheniere Energy, Inc. compare 22.5%
EPD Enterprise Products Partners L.P. compare 21.5%
KMI Kinder Morgan, Inc. compare 11.7%
WMB Williams Companies, Inc. (The) compare 8.78%
TRGP Targa Resources, Inc. compare 4.67%
MPLX MPLX LP compare 3.11%
Oil & Gas Midstream industry median 14.9%
Energy sector median 13.1%
Market median 7.58%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

More on ET