Energy Transfer LP
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
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Energy Transfer LP (ET) Shares outstanding
Energy Transfer LP's shares outstanding at the end of fiscal 2025 was $3.4B, unchanged from fiscal 2024. At the end of the quarter to 30 September 2026 it was $3.5B. Over the past ten years it has ranged from $1.1B (fiscal 2015) to $3.4B (fiscal 2025) — the current reading is the highest in ten years. Energy Transfer LP ranks 1st of 55 Oil & Gas Midstream companies by shares outstanding.
Shares outstanding, annual
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Annual newest first
| Period | Shares outstanding | Change |
|---|---|---|
| FY2025 | $3.4B | 0.85% |
| FY2024 | $3.4B | 7.66% |
| FY2023 | $3.2B | 2.59% |
| FY2022 | $3.1B | 13.05% |
| FY2021 | $2.7B | 1.63% |
| FY2020 | $2.7B | 2.20% |
| FY2019 | $2.6B | 80.48% |
| FY2018 | $1.5B | 26.99% |
| FY2017 | $1.2B | 6.69% |
| FY2016 | $1.1B | 1.33% |
Quarterly newest first
| Period | Shares outstanding | Change |
|---|---|---|
| Sep 2026 | $3.5B | 0.10% |
| Jun 2026 | $3.5B | 0.16% |
| Mar 2026 | $3.5B | 0.23% |
| Dec 2025 | $3.4B | (0.19%) |
| 43 more quarters | Free account |
Against its own ten years
Shares outstanding against peers
| Company | Shares outstanding |
|---|---|
| ET Energy Transfer LP | $3.5B |
| KMI Kinder Morgan, Inc. compare | $2.2B |
| EPD Enterprise Products Partners L.P. compare | $2.2B |
| WMB Williams Companies, Inc. (The) compare | $1.2B |
| TRP TC Energy Corporation compare | $1.0B |
| MPLX MPLX LP compare | $1.0B |
| OKE ONEOK, Inc. compare | $632.6M |
| TRGP Targa Resources, Inc. compare | $215.2M |
| LNG Cheniere Energy, Inc. compare | $206.9M |
What Shares outstanding is
Shares (Diluted, Weighted) tells an investor how many shares a company’s earnings are spread across once potential new shares are counted.
Reported line item
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Book value per share
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- Piotroski F-score
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