ENERGY TRANSFER LP (ET) FY2025 Q1 P&L / Income Statement

ENERGY TRANSFER LP (ET) FY2025 Q1 P&L / Income Statement

Income statement for 2025-01-01 through 2025-03-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total revenues

21,020,000,000 US dollars

Cost of products sold

15,571,000,000 US dollars

Gross profit (calculated)

5,449,000,000 US dollars

Total operating expenses (calculated)

2,958,000,000 US dollars

OPERATING INCOME

2,491,000,000 US dollars

Other income (expense), net (calculated)

negative 730,000,000 US dollars

INCOME BEFORE INCOME TAX EXPENSE

1,761,000,000 US dollars

Income tax expense

41,000,000 US dollars

Net income

1,720,000,000 US dollars

Crude sales

5,449,000,000 US dollars

NGL sales

5,642,000,000 US dollars

Gathering, transportation and other fees

3,005,000,000 US dollars

Natural gas sales

1,581,000,000 US dollars

Other

380,000,000 US dollars

Refined product sales

4,963,000,000 US dollars

Depreciation, depletion and amortization

1,367,000,000 US dollars

Impairment loss

4,000,000 US dollars

Selling, general and administrative

288,000,000 US dollars

Operating expenses

1,299,000,000 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.