Energy Income Tax Expense from 2010 to 2024

ET-PI Stock   11.96  0.07  0.59%   
Energy Transfer's Income Tax Expense is increasing with slightly volatile movements from year to year. Income Tax Expense is predicted to flatten to about 247.1 M. For the period between 2010 and 2024, Energy Transfer, Income Tax Expense quarterly trend regression had mean deviation of  21,606,400 and range of 119 M. View All Fundamentals
 
Income Tax Expense  
First Reported
2010-12-31
Previous Quarter
303 M
Current Value
247.1 M
Quarterly Volatility
31.3 M
 
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Yuan Drop
 
Covid
Check Energy Transfer financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Energy Transfer's main balance sheet or income statement drivers, such as Tax Provision of 247.1 M, Interest Expense of 2.6 B or Selling General Administrative of 929.7 M, as well as many indicators such as Price To Sales Ratio of 0.75, Dividend Yield of 0.065 or PTB Ratio of 0.94. Energy financial statements analysis is a perfect complement when working with Energy Transfer Valuation or Volatility modules.
  
Check out the analysis of Energy Transfer Correlation against competitors.

Latest Energy Transfer's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Energy Transfer LP over the last few years. It is Energy Transfer's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Energy Transfer's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Energy Income Tax Expense Regression Statistics

Arithmetic Mean208,337,333
Geometric Mean206,499,578
Coefficient Of Variation15.00
Mean Deviation21,606,400
Median195,000,000
Standard Deviation31,250,116
Sample Variance976.6T
Range119M
R-Value0.58
Mean Square Error695T
R-Squared0.34
Significance0.02
Slope4,069,357
Total Sum of Squares13672T

Energy Income Tax Expense History

2024247.1 M
2023303 M
2022204 M
2021184 M
2020237 M

About Energy Transfer Financial Statements

Investors use fundamental indicators, such as Energy Transfer's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Energy Transfer's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Income Tax Expense303 M247.1 M

Currently Active Assets on Macroaxis

When determining whether Energy Transfer LP is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Energy Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Energy Transfer Lp Stock. Highlighted below are key reports to facilitate an investment decision about Energy Transfer Lp Stock:
Check out the analysis of Energy Transfer Correlation against competitors.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Please note, there is a significant difference between Energy Transfer's value and its price as these two are different measures arrived at by different means. Investors typically determine if Energy Transfer is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energy Transfer's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.