
Energy Transfer LP
NYSE:ET

Income Statement
Earnings Waterfall
Energy Transfer LP
Revenue
|
82.7B
USD
|
Cost of Revenue
|
-62B
USD
|
Gross Profit
|
20.7B
USD
|
Operating Expenses
|
-11.5B
USD
|
Operating Income
|
9.2B
USD
|
Other Expenses
|
-4.8B
USD
|
Net Income
|
4.4B
USD
|
Income Statement
Energy Transfer LP
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
55 691
N/A
|
52 991
-5%
|
50 442
-5%
|
46 071
-9%
|
42 126
-9%
|
37 853
-10%
|
33 674
-11%
|
30 763
-9%
|
31 792
+3%
|
35 346
+11%
|
37 358
+6%
|
39 637
+6%
|
40 523
+2%
|
42 744
+5%
|
47 435
+11%
|
51 965
+10%
|
54 087
+4%
|
55 326
+2%
|
55 085
0%
|
54 066
-2%
|
54 213
+0%
|
52 719
-3%
|
46 180
-12%
|
42 640
-8%
|
38 954
-9%
|
44 322
+14%
|
52 085
+18%
|
58 794
+13%
|
67 417
+15%
|
70 913
+5%
|
81 757
+15%
|
88 032
+8%
|
89 876
+2%
|
88 380
-2%
|
80 755
-9%
|
78 555
-3%
|
78 586
+0%
|
81 220
+3%
|
83 629
+3%
|
83 662
+0%
|
82 671
-1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(48 574)
|
(45 611)
|
(42 605)
|
(38 167)
|
(34 034)
|
(29 892)
|
(26 029)
|
(23 147)
|
(23 495)
|
(26 845)
|
(28 610)
|
(30 179)
|
(31 028)
|
(32 703)
|
(36 568)
|
(40 372)
|
(41 603)
|
(41 579)
|
(40 817)
|
(39 564)
|
(39 773)
|
(38 739)
|
(32 548)
|
(29 060)
|
(25 473)
|
(28 105)
|
(35 493)
|
(42 305)
|
(50 385)
|
(55 585)
|
(65 595)
|
(70 923)
|
(72 229)
|
(70 704)
|
(63 281)
|
(60 824)
|
(60 540)
|
(62 528)
|
(64 045)
|
(63 598)
|
(61 975)
|
|
Gross Profit |
7 117
N/A
|
7 380
+4%
|
7 837
+6%
|
7 904
+1%
|
8 092
+2%
|
7 961
-2%
|
7 645
-4%
|
7 616
0%
|
8 297
+9%
|
8 501
+2%
|
8 748
+3%
|
9 458
+8%
|
9 495
+0%
|
10 041
+6%
|
10 867
+8%
|
11 593
+7%
|
12 484
+8%
|
13 747
+10%
|
14 268
+4%
|
14 502
+2%
|
14 440
0%
|
13 980
-3%
|
13 632
-2%
|
13 580
0%
|
13 481
-1%
|
16 217
+20%
|
16 592
+2%
|
16 489
-1%
|
17 032
+3%
|
15 328
-10%
|
16 162
+5%
|
17 109
+6%
|
17 647
+3%
|
17 676
+0%
|
17 474
-1%
|
17 731
+1%
|
18 046
+2%
|
18 692
+4%
|
19 584
+5%
|
20 064
+2%
|
20 696
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(4 462)
|
(5 205)
|
(5 579)
|
(5 419)
|
(5 379)
|
(5 211)
|
(4 949)
|
(4 847)
|
(5 208)
|
(5 365)
|
(5 662)
|
(6 081)
|
(5 797)
|
(5 940)
|
(6 161)
|
(6 177)
|
(6 650)
|
(6 842)
|
(6 925)
|
(6 994)
|
(7 163)
|
(7 349)
|
(7 364)
|
(7 462)
|
(7 621)
|
(7 632)
|
(7 781)
|
(7 959)
|
(8 219)
|
(8 441)
|
(8 767)
|
(9 092)
|
(9 523)
|
(9 635)
|
(9 701)
|
(9 783)
|
(9 739)
|
(10 068)
|
(10 457)
|
(10 990)
|
(11 506)
|
|
Selling, General & Administrative |
(750)
|
(777)
|
(830)
|
(812)
|
(864)
|
(843)
|
(789)
|
(831)
|
(817)
|
(836)
|
(867)
|
(818)
|
(770)
|
(753)
|
(756)
|
(792)
|
(702)
|
(778)
|
(740)
|
(686)
|
(854)
|
(751)
|
(747)
|
(750)
|
(847)
|
(708)
|
(717)
|
(739)
|
(955)
|
(847)
|
(874)
|
(1 037)
|
(1 130)
|
(1 026)
|
(1 043)
|
(916)
|
(1 109)
|
(1 007)
|
(1 111)
|
(1 174)
|
(1 177)
|
|
Depreciation & Amortization |
(1 724)
|
(1 844)
|
(1 908)
|
(2 007)
|
(2 079)
|
(2 097)
|
(2 120)
|
(2 144)
|
(2 216)
|
(2 333)
|
(2 403)
|
(2 497)
|
(2 554)
|
(2 591)
|
(2 678)
|
(2 786)
|
(2 859)
|
(2 968)
|
(3 059)
|
(3 093)
|
(3 147)
|
(3 240)
|
(3 391)
|
(3 519)
|
(3 678)
|
(3 765)
|
(3 769)
|
(3 800)
|
(3 817)
|
(3 891)
|
(3 997)
|
(4 084)
|
(4 164)
|
(4 195)
|
(4 210)
|
(4 287)
|
(4 385)
|
(4 580)
|
(4 732)
|
(4 949)
|
(5 165)
|
|
Other Operating Expenses |
(1 988)
|
(2 584)
|
(2 841)
|
(2 600)
|
(2 436)
|
(2 271)
|
(2 040)
|
(1 872)
|
(2 175)
|
(2 196)
|
(2 392)
|
(2 766)
|
(2 473)
|
(2 596)
|
(2 727)
|
(2 599)
|
(3 089)
|
(3 096)
|
(3 126)
|
(3 215)
|
(3 162)
|
(3 358)
|
(3 226)
|
(3 193)
|
(3 096)
|
(3 159)
|
(3 295)
|
(3 420)
|
(3 447)
|
(3 703)
|
(3 896)
|
(3 971)
|
(4 229)
|
(4 414)
|
(4 448)
|
(4 580)
|
(4 245)
|
(4 481)
|
(4 614)
|
(4 867)
|
(5 164)
|
|
Operating Income |
2 655
N/A
|
2 175
-18%
|
2 258
+4%
|
2 485
+10%
|
2 713
+9%
|
2 750
+1%
|
2 696
-2%
|
2 769
+3%
|
3 089
+12%
|
3 136
+2%
|
3 086
-2%
|
3 377
+9%
|
3 698
+10%
|
4 101
+11%
|
4 706
+15%
|
5 416
+15%
|
5 834
+8%
|
6 905
+18%
|
7 343
+6%
|
7 508
+2%
|
7 277
-3%
|
6 631
-9%
|
6 268
-5%
|
6 118
-2%
|
5 860
-4%
|
8 585
+47%
|
8 811
+3%
|
8 530
-3%
|
8 813
+3%
|
6 887
-22%
|
7 395
+7%
|
8 017
+8%
|
8 124
+1%
|
8 041
-1%
|
7 773
-3%
|
7 948
+2%
|
8 307
+5%
|
8 624
+4%
|
9 127
+6%
|
9 074
-1%
|
9 190
+1%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(829)
|
(1 082)
|
(1 008)
|
(1 118)
|
(1 348)
|
(1 379)
|
(1 654)
|
(2 094)
|
(2 048)
|
(1 985)
|
(1 928)
|
(1 577)
|
(2 065)
|
(2 080)
|
(2 336)
|
(2 281)
|
(1 664)
|
(2 184)
|
(2 153)
|
(2 422)
|
(2 270)
|
(2 492)
|
(2 483)
|
(2 486)
|
(2 540)
|
(1 981)
|
(2 069)
|
(1 880)
|
(1 960)
|
(2 009)
|
(1 772)
|
(1 735)
|
(1 756)
|
(1 918)
|
(2 042)
|
(2 090)
|
(2 159)
|
(2 229)
|
(2 392)
|
(2 627)
|
(2 740)
|
|
Non-Reccuring Items |
(395)
|
0
|
0
|
(407)
|
(382)
|
(349)
|
(349)
|
(339)
|
(957)
|
(982)
|
(1 071)
|
(1 081)
|
(1 128)
|
(1 209)
|
(1 120)
|
(1 110)
|
(543)
|
(505)
|
(505)
|
(517)
|
(92)
|
(1 411)
|
(1 415)
|
(2 877)
|
(2 955)
|
(1 578)
|
(1 583)
|
(109)
|
(59)
|
(349)
|
(340)
|
(426)
|
(386)
|
(87)
|
(97)
|
(637)
|
(637)
|
(641)
|
(687)
|
(61)
|
(64)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
5
|
0
|
0
|
0
|
18
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
598
|
598
|
586
|
|
Total Other Income |
(14)
|
(12)
|
19
|
58
|
10
|
22
|
37
|
59
|
120
|
119
|
146
|
153
|
205
|
246
|
187
|
152
|
62
|
1
|
48
|
64
|
105
|
112
|
(2)
|
12
|
12
|
3
|
89
|
51
|
77
|
104
|
68
|
(85)
|
90
|
76
|
111
|
244
|
86
|
106
|
92
|
153
|
134
|
|
Pre-Tax Income |
1 417
N/A
|
1 081
-24%
|
1 269
+17%
|
1 018
-20%
|
993
-2%
|
1 044
+5%
|
730
-30%
|
395
-46%
|
204
-48%
|
288
+41%
|
233
-19%
|
877
+276%
|
710
-19%
|
1 058
+49%
|
1 438
+36%
|
2 195
+53%
|
3 689
+68%
|
4 217
+14%
|
4 733
+12%
|
4 633
-2%
|
5 020
+8%
|
2 840
-43%
|
2 368
-17%
|
767
-68%
|
377
-51%
|
5 029
+1 234%
|
5 248
+4%
|
6 592
+26%
|
6 871
+4%
|
4 633
-33%
|
5 351
+15%
|
5 771
+8%
|
6 072
+5%
|
6 112
+1%
|
5 745
-6%
|
5 465
-5%
|
5 597
+2%
|
5 860
+5%
|
6 738
+15%
|
7 137
+6%
|
7 106
0%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(357)
|
(224)
|
(98)
|
(79)
|
100
|
167
|
118
|
244
|
258
|
165
|
125
|
193
|
21
|
69
|
34
|
(71)
|
(4)
|
(140)
|
(106)
|
(212)
|
(195)
|
(97)
|
(162)
|
(149)
|
(237)
|
(284)
|
(267)
|
(303)
|
(184)
|
(100)
|
(104)
|
(109)
|
(204)
|
(284)
|
(306)
|
(301)
|
(303)
|
(321)
|
(440)
|
(452)
|
(541)
|
|
Income from Continuing Operations |
1 060
|
857
|
1 171
|
939
|
1 093
|
1 211
|
848
|
639
|
462
|
453
|
358
|
1 070
|
731
|
1 127
|
1 472
|
2 124
|
3 685
|
4 077
|
4 627
|
4 421
|
4 825
|
2 743
|
2 206
|
618
|
140
|
4 745
|
4 981
|
6 289
|
6 687
|
4 533
|
5 247
|
5 662
|
5 868
|
5 828
|
5 439
|
5 164
|
5 294
|
5 539
|
6 298
|
6 685
|
6 565
|
|
Income to Minority Interest |
(434)
|
(91)
|
(229)
|
108
|
96
|
9
|
300
|
413
|
995
|
939
|
1 213
|
539
|
(1 412)
|
(1 458)
|
(1 839)
|
(2 353)
|
(1 671)
|
(1 855)
|
(1 895)
|
(1 204)
|
(1 307)
|
(888)
|
(877)
|
(802)
|
(788)
|
(1 123)
|
(1 086)
|
(1 104)
|
(1 217)
|
(1 082)
|
(1 096)
|
(1 140)
|
(1 112)
|
(1 228)
|
(1 254)
|
(1 401)
|
(1 359)
|
(1 477)
|
(1 833)
|
(1 621)
|
(1 751)
|
|
Net Income (Common) |
629
N/A
|
744
+18%
|
879
+18%
|
982
+12%
|
1 183
+20%
|
1 212
+2%
|
1 153
-5%
|
1 069
-7%
|
983
-8%
|
904
-8%
|
869
-4%
|
902
+4%
|
915
+1%
|
1 024
+12%
|
1 150
+12%
|
1 280
+11%
|
1 713
+34%
|
2 179
+27%
|
2 727
+25%
|
3 214
+18%
|
3 514
+9%
|
1 853
-47%
|
1 328
-28%
|
(184)
N/A
|
(647)
-252%
|
3 619
N/A
|
3 805
+5%
|
4 995
+31%
|
5 179
+4%
|
3 056
-41%
|
3 737
+22%
|
4 101
+10%
|
4 330
+6%
|
4 171
-4%
|
3 748
-10%
|
3 315
-12%
|
3 469
+5%
|
3 555
+2%
|
3 940
+11%
|
4 589
+16%
|
4 394
-4%
|
|
EPS (Diluted) |
0.57
N/A
|
0.7
+23%
|
0.83
+19%
|
0.93
+12%
|
1.11
+19%
|
1.16
+5%
|
1.09
-6%
|
0.99
-9%
|
0.91
-8%
|
0.79
-13%
|
0.76
-4%
|
0.83
+9%
|
0.84
+1%
|
0.88
+5%
|
1.01
+15%
|
1.1
+9%
|
1.17
+6%
|
0.82
-30%
|
1.02
+24%
|
1.21
+19%
|
1.33
+10%
|
0.68
-49%
|
0.51
-25%
|
-0.06
N/A
|
-0.24
-300%
|
1.34
N/A
|
1.41
+5%
|
1.85
+31%
|
1.89
+2%
|
0.98
-48%
|
1.2
+22%
|
1.31
+9%
|
1.4
+7%
|
1.34
-4%
|
1.2
-10%
|
1.06
-12%
|
1.09
+3%
|
1.04
-5%
|
1.16
+12%
|
1.33
+15%
|
1.28
-4%
|