SuperworthEnergy Transfer profit margin ET
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 4.9%
- Operating margin, 12 months
- 10.0%
- Net margin on a year earlier
- −1.0 pts
- Peer median
- 19.3%
Over the twelve months to Jun 30, 2026, Energy Transfer kept 4.9% of its revenue as net profit, with an operating margin of 10.0% and a gross margin of 23.6%.
Five years earlier its net margin was 7.2%.
The median for 10 oil and gas pipeline stocks of a similar size is 19.3%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 5.2% | 10.6% | 25.8% |
| FY2024 | 5.8% | 11.1% | 25.0% |
| FY2023 | 5.0% | 10.6% | 23.0% |
| FY2022 | 5.3% | 8.6% | 19.6% |
| FY2021 | 8.1% | 13.0% | n/a |
| FY2020 | −1.7% | 7.7% | n/a |
| FY2019 | 6.5% | 13.3% | 26.6% |
| FY2018 | 3.2% | 9.9% | 23.0% |
| FY2017 | 2.4% | 6.7% | 23.6% |
| FY2016 | 3.0% | 4.2% | 24.4% |
| FY2015 | 2.8% | 5.7% | 19.3% |
| FY2014 | 1.1% | 4.4% | 13.1% |
| FY2013 | 0.4% | 3.2% | 12.0% |
| FY2012 | 1.8% | 8.0% | 22.8% |
| FY2011 | 3.8% | 15.1% | 37.2% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 4.9% | −1.0 pts | 10.0% | |
| Q1 FY26 | 4.7% | −1.2 pts | 10.3% | |
| Q4 FY25 | 5.2% | −0.6 pts | 10.6% | |
| Q3 FY25 | 5.7% | −0.3 pts | 11.6% | |
| Q2 FY25 | 5.9% | +0.6 pts | 11.5% | |
| Q1 FY25 | 6.0% | +1.0 pts | 11.3% | |
| Q4 FY24 | 5.8% | +0.8 pts | 11.1% | |
| Q3 FY24 | 6.1% | +1.3 pts | 10.8% | |
| Q2 FY24 | 5.3% | +0.2 pts | 10.9% | |
| Q1 FY24 | 5.0% | −0.2 pts | 10.6% | |
| Q4 FY23 | 5.0% | −0.3 pts | 10.6% | |
| Q3 FY23 | 4.8% | −0.3 pts | 10.1% |
Against its peers
Companies in Oil & Gas Midstream nearest Energy Transfer's size, closest first, today.
| Company | Profit margin |
|---|---|
| ETEnergy Transfer | 4.9% |
| TRGPTarga Resources | 13.5% |
| KMIKinder Morgan | 19.3% |
| LNGCheniere Energy | 13.6% |
| OKEONEOK | 9.3% |
| MPLXMPLX Lp | n/m |
| EPDEnterprise Products Partners | 10.8% |
| WMBWilliams Companies | 25.2% |
| VGVenture Global | 22.3% |
| CQPCheniere Energy Partners | 27.3% |
| WESWestern Midstream Partners | 29.6% |
| Peer median | 19.3% |
Where Energy Transfer ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Energy Transfer
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.