# ENERGY TRANSFER LP (ET) FY2024 Annual P&L / Income Statement

- Company: ENERGY TRANSFER LP (ET)
- Period: 2024-01-01 to 2024-12-31
- Filing: FY2024 10-K, filed 2025-02-14, accession number 0001276187-25-000018
- Page: https://plicit.ai/financials/et/fy2024-annual-income-statement
- Chart image: https://plicit.ai/charts/et-fy2024-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2024-01-01 through 2024-12-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 82,671,000,000 US dollars
- **Cost of products sold**: 61,975,000,000 US dollars
- **Gross profit (calculated)**: 20,696,000,000 US dollars
- **Total operating expenses (calculated)**: 11,558,000,000 US dollars
- **OPERATING INCOME**: 9,138,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 2,032,000,000 US dollars
- **Income (Loss), Including Portion Attributable to Noncontrolling Interest, before Tax**: 7,106,000,000 US dollars
- **Income tax expense**: 541,000,000 US dollars
- **NET INCOME**: 6,565,000,000 US dollars
- **Refined product sales**: 22,051,000,000 US dollars
- **Crude sales**: 25,368,000,000 US dollars
- **Natural gas sales**: 2,737,000,000 US dollars
- **Gathering, transportation and other fees**: 12,027,000,000 US dollars
- **NGL sales**: 19,105,000,000 US dollars
- **Other**: 1,383,000,000 US dollars
- **Operating expenses**: 5,164,000,000 US dollars
- **Depreciation, depletion and amortization**: 5,165,000,000 US dollars
- **Selling, general and administrative**: 1,177,000,000 US dollars
- **Impairment losses and other**: 52,000,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/et/fy2024-annual-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/et-fy2024-annual-revenue-by-business-segment-sankey.png

Income statement for 2024-01-01 through 2024-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 82,671,000,000 US dollars
- **Cost of products sold**: 61,975,000,000 US dollars
- **Gross profit (calculated)**: 20,696,000,000 US dollars
- **Total operating expenses (calculated)**: 11,558,000,000 US dollars
- **OPERATING INCOME**: 9,138,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 2,032,000,000 US dollars
- **Income (Loss), Including Portion Attributable to Noncontrolling Interest, before Tax**: 7,106,000,000 US dollars
- **Income tax expense**: 541,000,000 US dollars
- **NET INCOME**: 6,565,000,000 US dollars
- **Midstream**: 11,199,000,000 US dollars
- **All Other**: 1,747,000,000 US dollars
- **Investment in Sunoco LP**: 22,693,000,000 US dollars
- **Interstate Transportation and Storage**: 2,296,000,000 US dollars
- **Investment in USAC**: 950,000,000 US dollars
- **Crude Oil Transportation and Services**: 28,539,000,000 US dollars
- **Intrastate Transportation and Storage**: 3,053,000,000 US dollars
- **NGL and Refined Products Transportation and Services**: 24,530,000,000 US dollars
- **Operating expenses**: 5,164,000,000 US dollars
- **Depreciation, depletion and amortization**: 5,165,000,000 US dollars
- **Selling, general and administrative**: 1,177,000,000 US dollars
- **Impairment losses and other**: 52,000,000 US dollars
- **Revenue before reconciliation (calculated)**: 95,007,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Intersegment Eliminations**: negative 12,336,000,000 US dollars. Reported reconciliation to consolidated revenue.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.