Energy Transfer LP Operating Expenses Growth & History (ET)
Energy Transfer LP's operating expenses was $76.51B for fiscal 2025.
View full Energy Transfer LP company overviewEnergy Transfer LP annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $76.51B | $2.98B | +4.05% |
| 2024 | 2024-12-31 | $73.53B | $3.24B | +4.61% |
| 2023 | 2023-12-31 | $70.29B | −$11.85B | −14.42% |
| 2022 | 2022-12-31 | $82.14B | $23.51B | +40.11% |
| 2021 | 2021-12-31 | $58.63B | $22.65B | +62.96% |
| 2020 | 2020-12-31 | $35.97B | −$11.04B | −23.48% |
| 2019 | 2019-12-31 | $47.01B | −$1.67B | −3.44% |
| 2018 | 2018-12-31 | $48.68B | $10.88B | +28.79% |
| 2017 | 2017-12-31 | $37.80B | $7.86B | +26.25% |
| 2016 | 2016-12-31 | $29.94B | −$3.87B | −11.44% |
| 2015 | 2015-12-31 | $33.81B | −$19.41B | −36.47% |
| 2014 | 2014-12-31 | $53.22B | $6.44B | +13.76% |
| 2013 | 2013-12-31 | $46.78B | $31.18B | +199.82% |
| 2012 | 2012-12-31 | $15.60B | $8.65B | +124.42% |
| 2011 | 2011-12-31 | $6.95B | $1.44B | +26.14% |
| 2010 | 2010-12-31 | $5.51B | $1.21B | +27.98% |
| 2009 | 2009-12-31 | $4.31B | −$3.89B | −47.44% |
| 2008 | 2008-12-31 | $8.19B | — | — |
Energy Transfer LP quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $30.76B | $13.83B | +81.66% |
| Q1 2026 | 2026-03-31 | $24.79B | $6.26B | +33.78% |
| Q4 2025 | 2025-12-31 | $23.24B | $5.98B | +34.65% |
| Q3 2025 | 2025-09-30 | $17.80B | −$788.0M | −4.24% |
| Q2 2025 | 2025-06-30 | $16.93B | −$1.50B | −8.13% |
| Q1 2025 | 2025-03-31 | $18.53B | −$720.0M | −3.74% |
| Q4 2024 | 2024-12-31 | $17.26B | −$1.10B | −6.02% |
| Q3 2024 | 2024-09-30 | $18.59B | $85.0M | +0.46% |
| Q2 2024 | 2024-06-30 | $18.43B | $1.95B | +11.80% |
| Q1 2024 | 2024-03-31 | $19.25B | $2.32B | +13.68% |
| Q4 2023 | 2023-12-31 | $18.37B | −$328.0M | −1.75% |
| Q3 2023 | 2023-09-30 | $18.51B | −$2.46B | −11.73% |
| Q2 2023 | 2023-06-30 | $16.48B | −$7.35B | −30.83% |
| Q1 2023 | 2023-03-31 | $16.93B | −$1.71B | −9.18% |
| Q4 2022 | 2022-12-31 | $18.70B | $1.73B | +10.18% |
| Q3 2022 | 2022-09-30 | $20.97B | $5.74B | +37.69% |
| Q2 2022 | 2022-06-30 | $23.83B | $10.33B | +76.48% |
| Q1 2022 | 2022-03-31 | $18.64B | $5.72B | +44.24% |
| Q4 2021 | 2021-12-31 | $16.97B | −$2.41B | −12.45% |
| Q3 2021 | 2021-09-30 | $15.23B | $5.52B | +56.80% |
| Q2 2021 | 2021-06-30 | $13.50B | $7.50B | +124.99% |
| Q1 2021 | 2021-03-31 | $12.93B | $12.05B | +1370.53% |
| Q4 2020 | 2020-12-31 | $19.38B | $7.26B | +59.92% |
| Q3 2020 | 2020-09-30 | $9.71B | −$1.93B | −16.56% |
| Q2 2020 | 2020-06-30 | $6.00B | −$6.05B | −50.22% |
| Q1 2020 | 2020-03-31 | $879.0M | −$10.31B | −92.15% |
| Q4 2019 | 2019-12-31 | $12.12B | $21.0M | +0.17% |
| Q3 2019 | 2019-09-30 | $11.64B | −$1.17B | −9.15% |
| Q2 2019 | 2019-06-30 | $12.06B | −$935.0M | −7.20% |
| Q1 2019 | 2019-03-31 | $11.19B | $412.0M | +3.82% |
| Q4 2018 | 2018-12-31 | $12.10B | $938.0M | +8.40% |
| Q3 2018 | 2018-09-30 | $12.81B | $3.76B | +41.51% |
| Q2 2018 | 2018-06-30 | $12.99B | $4.31B | +49.61% |
| Q1 2018 | 2018-03-31 | $10.78B | $1.88B | +21.09% |
| Q4 2017 | 2017-12-31 | $11.16B | −$17.17B | −60.60% |
| Q3 2017 | 2017-09-30 | $9.05B | $8.53B | +1621.10% |
| Q2 2017 | 2017-06-30 | $8.68B | $8.24B | +1855.86% |
| Q1 2017 | 2017-03-31 | $8.90B | $8.26B | +1289.08% |
| Q4 2016 | 2016-12-31 | $28.33B | −$3.48B | −10.95% |
| Q3 2016 | 2016-09-30 | $526.0M | −$180.0M | −25.50% |
| Q2 2016 | 2016-06-30 | $444.0M | −$219.0M | −33.03% |
| Q1 2016 | 2016-03-31 | $641.0M | $13.0M | +2.07% |
| Q4 2015 | 2015-12-31 | $31.81B | $18.50B | +138.90% |
| Q3 2015 | 2015-09-30 | $706.0M | −$13.46B | −95.02% |
| Q2 2015 | 2015-06-30 | $663.0M | −$12.71B | −95.04% |
| Q1 2015 | 2015-03-31 | $628.0M | −$11.74B | −94.92% |
| Q4 2014 | 2014-12-31 | $13.32B | $556.0M | +4.36% |
| Q3 2014 | 2014-09-30 | $14.16B | $2.21B | +18.47% |
| Q2 2014 | 2014-06-30 | $13.37B | $1.95B | +17.09% |
| Q1 2014 | 2014-03-31 | $12.37B | $1.72B | +16.17% |
| Q4 2013 | 2013-12-31 | $12.76B | $1.90B | +17.48% |
| Q3 2013 | 2013-09-30 | $11.96B | $10.21B | +585.21% |
| Q2 2013 | 2013-06-30 | $11.42B | $9.91B | +655.22% |
| Q1 2013 | 2013-03-31 | $10.65B | $9.16B | +616.55% |
| Q4 2012 | 2012-12-31 | $10.86B | $9.06B | +502.96% |
| Q3 2012 | 2012-09-30 | $1.75B | −$67.5M | −3.72% |
| Q2 2012 | 2012-06-30 | $1.51B | −$202.3M | −11.80% |
| Q1 2012 | 2012-03-31 | $1.49B | −$138.9M | −8.55% |
| Q4 2011 | 2011-12-31 | $1.80B | $1.39B | +341.05% |
| Q3 2011 | 2011-09-30 | $1.81B | $426.7M | +30.79% |
| Q2 2011 | 2011-06-30 | $1.71B | $531.1M | +44.88% |
| Q1 2011 | 2011-03-31 | $1.62B | $91.8M | +5.99% |
| Q4 2010 | 2010-12-31 | $408.4M | — | — |
| Q3 2010 | 2010-09-30 | $1.39B | $429.4M | +44.90% |
| Q2 2010 | 2010-06-30 | $1.18B | $246.6M | +26.33% |
| Q1 2010 | 2010-03-31 | $1.53B | — | — |
| Q3 2009 | 2009-09-30 | $956.3M | — | — |
| Q2 2009 | 2009-06-30 | $936.7M | — | — |
Energy Transfer LP operating expenses trends
Over the last five fiscal years, Energy Transfer LP's operating expenses increased from $35.97B to $76.51B, a change of $40.53B. The latest reported quarter, Q2 2026, shows $30.76B.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Energy Transfer LP source filings ↗