ENERGY TRANSFER LP (ET) Operating Margin
- Operating margin · 12 months: Value 10.04%; Formula and calculation Operating income / revenue. Period ending 2026-06-30..
Operating margin
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| Operating margin · 12 months | 10.04% | Operating income / revenue. Period ending 2026-06-30. $10.78B ÷ $107.38B × 100 ≈ 10.04% |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Operating income | 10.78B USD | Operating Income (Loss) |
| Revenue | 107.38B USD | |
| Cost of products and services | 82.06B USD | Cost of Goods and Services Sold |
| Research and development | (m) | |
| Selling, general and administration | 1.42B USD | Selling, General and Administrative Expense |
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Operating income (USD) | Revenue (USD) | Cost of products and services (USD) | Research and development (USD) | Selling, general and administration (USD) | Operating margin |
|---|---|---|---|---|---|---|
| 2026-06-30 | $10.78B | $107.38B | $82.06B | (m) | $1.42B | 10.04% |
| 2026-03-31 | $9.52B | $92.29B | $69.07B | (m) | $1.25B | 10.31% |
| 2025-12-31 | $9.03B | $85.54B | $63.49B | (m) | $1.18B | 10.55% |
| 2025-09-30 | $9.23B | $79.76B | $58.24B | (m) | $1.10B | 11.57% |
| 2025-06-30 | $9.26B | $80.58B | $59.29B | (m) | $1.13B | 11.49% |
| 2025-03-31 | $9.25B | $82.06B | $60.95B | (m) | $1.21B | 11.27% |
| 2024-12-31 | $9.14B | $82.67B | $61.98B | (m) | $1.18B | 11.05% |
| 2024-09-30 | $9.02B | $83.66B | $63.60B | (m) | $1.17B | 10.79% |
| 2024-06-30 | $9.08B | $83.63B | $64.05B | (m) | $1.11B | 10.85% |
| 2024-03-31 | $8.61B | $81.22B | $62.53B | (m) | $1.01B | 10.60% |
| 2023-12-31 | $8.29B | $78.59B | $60.54B | (m) | $985.00M | 10.56% |
| 2023-09-30 | $7.94B | $78.56B | $60.82B | (m) | $916.00M | 10.10% |
| 2023-06-30 | $7.68B | $80.75B | $63.28B | (m) | $1.04B | 9.51% |
| 2023-03-31 | $7.95B | $88.38B | $70.70B | (m) | $1.03B | 9.00% |
| 2022-12-31 | $7.74B | $89.88B | $72.23B | (m) | $1.02B | 8.61% |
| 2022-09-30 | $7.62B | $88.03B | $70.92B | (m) | $1.04B | 8.66% |
| 2022-06-30 | $7.08B | $81.76B | $65.59B | (m) | $874.00M | 8.67% |
| 2022-03-31 | $6.57B | $70.91B | $55.59B | (m) | $847.00M | 9.26% |
| 2021-12-31 | $8.79B | $67.42B | $50.40B | (m) | $818.00M | 13.04% |
| 2021-09-30 | $8.44B | $58.79B | $42.34B | (m) | $739.00M | 14.36% |
| 2021-06-30 | $7.25B | $52.09B | $35.53B | (m) | $717.00M | 13.92% |
| 2021-03-31 | $6.99B | $44.32B | $28.14B | (m) | $708.00M | 15.77% |
| 2020-12-31 | $2.98B | $38.95B | $25.49B | (m) | $711.00M | 7.65% |
| 2020-09-30 | $10.48B | $42.64B | (m) | (m) | (m) | 24.59% |
| 2020-06-30 | $4.92B | $46.18B | $32.43B | (m) | $747.00M | 10.64% |
| 2020-03-31 | $5.40B | $52.72B | $38.62B | (m) | $751.00M | 10.24% |
| 2019-12-31 | $7.28B | $54.21B | $39.73B | (m) | $694.00M | 13.42% |
| 2019-09-30 | $7.00B | $54.07B | $39.58B | (m) | $686.00M | 12.94% |
| 2019-06-30 | $6.87B | $55.09B | $40.79B | (m) | $697.00M | 12.47% |
| 2019-03-31 | $6.17B | $55.33B | $41.83B | (m) | $701.00M | 11.16% |
| 2018-12-31 | $5.35B | $54.09B | $41.66B | (m) | $702.00M | 9.89% |
| 2018-09-30 | $4.21B | $51.97B | (m) | (m) | $642.00M | 8.10% |
| 2018-06-30 | $3.44B | $47.44B | (m) | (m) | $600.00M | 7.25% |
| 2018-03-31 | $3.06B | $42.74B | (m) | (m) | $590.00M | 7.15% |
| 2017-12-31 | $2.71B | $40.52B | (m) | (m) | $607.00M | 6.69% |
| 2017-09-30 | $2.27B | $36.51B | (m) | (m) | $662.00M | 6.22% |
| 2017-06-30 | $1.52B | $42.15B | (m) | (m) | $843.00M | 3.60% |
| 2017-03-31 | $1.52B | $41.06B | (m) | (m) | $836.00M | 3.71% |
| 2016-12-31 | $1.50B | $37.50B | (m) | (m) | $807.00M | 4.00% |
| 2016-09-30 | $2.46B | $36.24B | (m) | (m) | $735.00M | 6.79% |
| 2016-06-30 | $2.41B | $37.18B | (m) | (m) | $644.00M | 6.49% |
| 2016-03-31 | $2.48B | $39.43B | (m) | (m) | $640.00M | 6.30% |
| 2015-12-31 | $2.40B | $42.13B | (m) | (m) | $639.00M | 5.69% |
| 2015-09-30 | $2.33B | $46.07B | (m) | (m) | $664.00M | 5.05% |
| 2015-06-30 | $2.50B | $50.44B | (m) | (m) | $677.00M | 4.96% |
| 2015-03-31 | $2.38B | $52.99B | (m) | (m) | $635.00M | 4.49% |
| 2014-12-31 | $2.47B | $55.69B | (m) | (m) | $611.00M | 4.44% |
| 2014-09-30 | $2.15B | $54.82B | (m) | (m) | $628.00M | 3.93% |
| 2014-06-30 | $1.86B | $52.32B | (m) | (m) | $585.00M | 3.55% |
| 2014-03-31 | $1.73B | $50.24B | (m) | (m) | $577.00M | 3.44% |
| 2013-12-31 | $1.55B | $48.34B | (m) | (m) | $586.00M | 3.21% |
| 2013-09-30 | $2.16B | $47.04B | (m) | (m) | $726.00M | 4.58% |
| 2013-06-30 | $1.99B | $36.66B | (m) | (m) | $666.00M | 5.42% |
| 2013-03-31 | $1.71B | $26.47B | (m) | (m) | $613.00M | 6.45% |
| 2012-12-31 | $1.36B | $16.96B | (m) | (m) | $580.00M | 8.02% |
| 2012-09-30 | $1.27B | $8.03B | (m) | (m) | $462.79M | 15.77% |
| 2012-06-30 | $1.17B | $7.94B | (m) | (m) | $420.93M | 14.75% |
| 2012-03-31 | $1.05B | $7.94B | (m) | (m) | $376.92M | 13.26% |
| 2011-12-31 | $1.23B | $8.24B | (m) | (m) | $292.16M | 14.98% |
| 2011-09-30 | $1.21B | $7.84B | (m) | (m) | $281.68M | 15.45% |
| 2011-06-30 | $1.14B | $7.33B | (m) | (m) | $260.62M | 15.60% |
| 2011-03-31 | $1.06B | $6.72B | (m) | (m) | $246.71M | 15.82% |
| 2010-12-31 | $1.04B | $6.60B | (m) | (m) | $234.32M | 15.71% |
| 2010-09-30 | (m) | (m) | (m) | (m) | (m) | (m) |
| 2010-06-30 | (m) | (m) | (m) | (m) | (m) | (m) |
| 2010-03-31 | (m) | (m) | (m) | (m) | (m) | (m) |
| 2009-12-31 | $1.11B | $5.42B | (m) | (m) | $178.92M | 20.50% |
| 2009-09-30 | (m) | (m) | (m) | (m) | (m) | (m) |
| 2009-06-30 | (m) | (m) | (m) | (m) | (m) | (m) |
| 2008-12-31 | $1.10B | $9.29B | (m) | (m) | $200.18M | 11.82% |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.
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