ET · XBRL financial data

Energy Transfer financial statements, every fiscal year

The same tables from 8 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (ET's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	38,954	67,417	89,876	78,586	82,671	85,536
Cost of goods and services sold	25,487	50,395	72,232	60,541	61,975	63,495
Selling, general and administrative	711	818	1,018	985	1,177	1,180
Other operating income (expense)	—	—	634	859	953	817
Operating income (loss)	2,980	8,792	7,738	8,295	9,138	9,027
Interest expense	2,327	2,267	2,306	2,578	3,125	3,474
Other income (expense)	12	77	90	86	134	120
Income tax expense (benefit)	237	184	204	303	541	350
Net income (loss)	(648)	5,470	4,756	3,935	4,814	4,433

Fiscal years (ET's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	367	336	257	161	312	1,272
Accounts receivable	3,875	7,654	8,466	9,047	10,191	11,275
Inventory	1,739	2,014	2,461	2,478	3,070	4,770
Total current assets	6,317	10,537	12,081	12,433	14,202	18,233
Property and equipment, net	75,107	81,607	80,311	85,351	95,212	102,142
Right-of-use asset	1,000	—	—	—	—	—
Goodwill	2,391	2,533	2,566	4,019	3,903	5,452
Total assets	95,144	105,963	105,643	113,698	125,380	141,286
Accounts payable	2,809	6,834	6,952	6,663	8,306	—
Current portion of long-term debt	21	680	2	1,008	8	25
Total current liabilities	5,923	10,835	10,368	11,277	12,656	14,955
Long-term debt	51,417	49,022	48,260	51,380	59,752	68,308
Lease liability, non-current	837	814	798	778	730	1,515
Total liabilities and equity	95,144	105,963	105,643	113,698	125,380	141,286
Common shares outstanding (cover page) millions of shares	2,702	3,083	3,095	3,368	3,431	3,440

Fiscal years (ET's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(648)	5,470	4,756	3,935	4,814	4,433
Stock-based compensation	121	111	115	130	151	148
Net cash from operating activities	7,361	11,162	9,051	9,555	11,506	10,149
Net cash from investing activities	(4,898)	(2,775)	(4,022)	(4,325)	(5,904)	(8,373)
Share repurchases	0	31	0	0	—	—
Proceeds from long-term debt	24,440	21,267	28,838	32,130	34,150	32,870
Repayments of long-term debt	24,133	27,318	29,681	31,416	29,409	—
Net cash from financing activities	(2,387)	(8,418)	(5,108)	(5,326)	(5,451)	(816)
Net change in cash	76	(31)	(79)	(96)	151	960

SIC 4922 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 4922 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Energy Transfer	1,020	34,334	4,271*	3.4B	Q2 FY26 10-QJun 30, 2026
Kinder Morgan	918	4,185	1,590*	2.2B	Q3 FY26 10-QSep 30, 2026
Cheniere Energy	1,663	6,097	2,466*	204.2M	Q3 FY26 10-QSep 30, 2026
Oneok	186	12,455	1,379*	630.5M	Q3 FY26 10-QSep 30, 2026
Williams Companies	not reported	4,002	not reported	1.3B	Q3 FY26 10-QSep 30, 2026
Enterprise Products Partners	232	17,948	2,185*	2.2B	Q3 FY26 10-QSep 30, 2026
Targa Resources	132	4,440	1,441*	214.4M	Q2 FY26 10-QJun 30, 2026
Atmos Energy	521	879	640*	169.0M	Q3 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.