← Energy Transfer LP

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $30.1b $40.5b $54.1b $54.2b $39.0b $67.4b $89.9b $78.6b $82.7b $85.5b
Cost of Revenue $22.6b $31.0b $41.7b $39.7b $25.5b $50.4b $72.2b $60.5b $62.0b $63.5b
Gross Profit (Calculated) $7.5b $9.6b $12.4b $14.5b $13.5b $17.0b $17.6b $18.0b $20.7b $22.0b
Selling, general and administrative $807.0m $607.0m $702.0m $694.0m $711.0m $818.0m $1.0b $985.0m $1.2b $1.2b
Operating Costs and Expenses $1.7b $2.6b $3.1b $3.3b $3.2b $3.6b $4.3b $4.4b $5.2b $5.9b
Operating expenses $2.7b $2.6b $3.1b $3.3b $3.2b $3.6b $4.3b $4.4b $5.2b $5.9b
Operating Income (Loss) $1.9b $2.7b $5.3b $7.3b $3.0b $8.8b $7.7b $8.3b $9.1b $9.0b
Additional Financial Items
Amortization of Intangible Assets — — — — — $352.0m $390.0m $399.0m $464.0m $479.0m
Depreciation, depletion and amortization $2.4b $2.6b $2.9b $3.1b $3.7b $3.8b $4.2b $4.4b $5.2b $5.7b
Equity in earnings of unconsolidated affiliates $270.0m $144.0m $344.0m $302.0m $119.0m $246.0m $257.0m $383.0m $379.0m $419.0m
Gain (Loss) Related to Litigation Settlement — — — — — $0 $0 ($627.0m) $0 $0
Gain (Loss) from Litigation Settlement — — — — — $0 $0 ($627.0m) $0 $0
Gain (Loss) on Disposition of Assets — — — — — — $0 $0 $586.0m $0
Gains (losses) on extinguishments of debt $0 ($89.0m) ($112.0m) ($18.0m) ($75.0m) ($38.0m) $0 $2.0m ($12.0m) ($34.0m)
Goodwill, Impairment Loss $826.0m $895.0m ($378.0m) $21.0m $2.8b — — — — —
Impairment losses and other $1.5b $1.0b $431.0m $74.0m $2.9b $21.0m $386.0m $12.0m $52.0m $285.0m
Income (Loss), Including Portion Attributable to Noncontrolling Interest, before Tax, Total $520.0m $2.5b — $5.0b $377.0m $6.9b $6.1b $5.6b $7.1b $6.1b
Other, net $124.0m $214.0m $62.0m $105.0m $12.0m $77.0m $90.0m $86.0m $134.0m $120.0m
Preferred Stock Redemption Premium — — — — — — $0 $0 $54.0m $8.0m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $272.0m $710.0m $3.6b $5.1b $377.0m $6.9b $6.1b $5.6b $7.1b $6.1b
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $520.0m $2.5b $3.6b $4.9b $140.0m $6.9b $6.1b $5.6b $7.1b $6.1b
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $520.0m $2.5b — $5.0b $377.0m $6.9b $6.1b $5.6b $7.1b $6.1b
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent — ($6.0m) ($10.0m) $5.0b $377.0m $6.9b $6.1b $5.6b $7.1b $6.1b
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest ($479.0m) ($177.0m) ($265.0m) $0 $0 $6.9b $6.1b $5.6b $7.1b $6.1b
Less: General Partner’s interest in net income $3.0m $2.0m $3.0m $4.0m ($1.0m) $6.0m $4.0m $3.0m $4.0m $4.0m
Less: Preferred Unitholders’ interest in net income — — — $0 $0 $285.0m $422.0m $463.0m $362.0m $248.0m
Limited Partners’ interest in net income $983.0m $915.0m $1.7b $3.6b ($647.0m) $5.2b $4.3b $3.5b $4.4b $4.2b
Net Income (Loss) Attributable to Parent $995.0m $954.0m $1.7b $3.6b ($648.0m) $5.5b $4.8b $3.9b $4.8b $4.4b
Less: Net income attributable to noncontrolling interests — $1.4b $1.6b $1.3b $739.0m $1.2b $1.1b $1.3b $1.7b $1.2b
Less: Net income attributable to redeemable noncontrolling interests $0 $0 $39.0m $51.0m $49.0m $50.0m $51.0m $60.0m $59.0m $67.0m
Net Income (Loss) Attributable to Noncontrolling Interest ($954.0m) $1.4b $1.6b $1.3b $739.0m $1.2b $1.1b $1.3b $1.7b $6.1b
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest — — — $5.0b $377.0m $6.9b $6.1b $5.6b $7.1b $1.2b
Basic $0.94 $0.85 $1.16 $1.37 ($0.24) $1.89 $1.40 $1.10 $1.29 $1.22
Diluted $0.92 $0.83 $1.15 $1.36 ($0.24) $1.89 $1.40 $1.09 $1.28 $1.21
Cost of products sold $28.7b $31.0b $41.7b $39.7b $25.5b $50.4b $72.2b $60.5b $62.0b $63.5b
Current Income Tax Expense (Benefit) ($23.0m) $38.0m $11.0m ($22.0m) $27.0m $43.0m $17.0m $100.0m $265.0m $172.0m
Income tax expense ($217.0m) ($1.8b) $4.0m $195.0m $237.0m $184.0m $204.0m $303.0m $541.0m $350.0m
Interest Expense $1.8b $1.9b $2.1b $2.3b $2.3b $2.3b $2.3b $2.6b $3.1b $3.5b
Interest expense, net of interest capitalized ($1.8b) ($1.9b) ($2.1b) ($2.3b) ($2.3b) ($2.3b) ($2.3b) ($2.6b) ($3.1b) ($3.5b)
Other Nonoperating Income (Expense) $132.0m $214.0m $62.0m $105.0m $12.0m $77.0m $90.0m $86.0m $134.0m $120.0m
Selling, General and Administrative Expense $693.0m $607.0m $702.0m $694.0m $711.0m $818.0m $1.0b $985.0m $1.2b $1.2b
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement $0 $0 $0 $0 $0 $0 $0 $627.0m $0 $0
Income Tax Expense (Benefit) ($248.0m) ($1.8b) $4.0m $195.0m $237.0m $184.0m $204.0m $303.0m $541.0m $350.0m
Other Operating Income (Expense), Net $1.5b $2.7b $5.3b $7.3b $3.0b $8.8b $7.7b $8.3b $953.0m $817.0m
Total costs and expenses $36.0b $37.8b $48.7b $46.9b $36.0b $58.6b $82.1b $70.3b $73.5b $76.5b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.