Company / Operating Income
Energy Transfer LP Operating Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
$9.0B
FY2025
5-year range
$3.0B / $9.1B
FY2021-FY2025
Trend
-1.2%
vs FY2024
Sector context
#2 of 71
Utilities
What the data says
Among 71 Utilities companies, Energy Transfer LP is in the top 3% for operating income. Operating Income has fluctuated over the past 10 years, ranging from $1.9B in FY2016 to $9.1B in FY2024.
Based on SEC 10-K filings.
$9.0B in FY2025 with a 5-year CAGR of +10.8%. Ranks 2nd among 71 companies in Utilities.
Improved from $8.3B to $9.0B over the past 2 years.
Utilities sector context is included.
Operating Income over time
Growth rates
- 3-Year CAGR
- +44.7%
- 5-Year CAGR
- +10.8%
- 10-Year CAGR
- -
Sector benchmark
Top 3% in UtilitiesTop 3% of 71This company $9.0B Sector average $2.0B
▼
+357.9% above sector average
Key checks
Key Insights
- 5-year CAGR of +10.8%, indicating consistent growth.
- In FY2025, operating income decreased 1.2% year-over-year.
- Ranks #2 out of 71 companies in the Utilities sector.
- Peak operating income was recorded in FY2024.
Company context
Key Data Points
- Altman Z-Score 1.04 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $9.0B | -1.2% |
| FY2024 | $9.1B | +10.2% |
| FY2023 | $8.3B | +178.4% |
| FY2022 | $3.0B | -58.6% |
| FY2021 | $7.2B | +33.3% |
| FY2020 | $5.4B | +98.6% |
| FY2019 | $2.7B | -49.6% |
| FY2018 | $5.4B | +98.6% |
| FY2017 | $2.7B | +47.0% |
| FY2016 | $1.9B | +172.2% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026