Energy Historical Income Statement

ET Stock  USD 18.97  0.69  3.77%   
Historical analysis of Energy Transfer income statement accounts such as Total Revenue of 82.5 B can show how well Energy Transfer LP performed in making a profits. Evaluating Energy Transfer income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Energy Transfer's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Energy Transfer LP latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Energy Transfer LP is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Energy Transfer LP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

About Energy Income Statement Analysis

Energy Transfer LP Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Energy Transfer shareholders. The income statement also shows Energy investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Energy Transfer Income Statement Chart

At this time, Energy Transfer's Total Operating Expenses is comparatively stable compared to the past year. Income Before Tax is likely to gain to about 5.9 B in 2024, whereas Selling General Administrative is likely to drop slightly above 549.6 M in 2024.

Total Revenue

Total revenue comprises all receipts Energy Transfer LP generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Energy Transfer LP minus its cost of goods sold. It is profit before Energy Transfer operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Energy Transfer LP. It is also known as Energy Transfer overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Energy Transfer LP operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Energy Transfer LP is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Energy Transfer LP financial statement analysis. It represents the amount of money remaining after all of Energy Transfer LP operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most accounts from Energy Transfer's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Energy Transfer LP current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Energy Transfer LP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, Energy Transfer's Total Operating Expenses is comparatively stable compared to the past year. Income Before Tax is likely to gain to about 5.9 B in 2024, whereas Selling General Administrative is likely to drop slightly above 549.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit13.2B13.5B13.7B14.3B
Total Revenue67.4B89.9B78.6B82.5B

Energy Transfer income statement Correlations

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0.840.720.820.690.590.660.730.680.830.54-0.580.580.00.850.01-0.620.64-0.02-0.07-0.030.120.69-0.610.63
0.880.720.911.00.820.830.861.00.930.79-0.640.760.250.66-0.37-0.340.70.29-0.49-0.330.310.43-0.740.76
0.980.820.910.880.880.930.970.870.970.85-0.730.850.230.74-0.24-0.590.770.18-0.51-0.170.360.7-0.90.88
0.850.691.00.880.80.80.831.00.910.76-0.620.730.250.64-0.39-0.30.670.3-0.49-0.340.30.38-0.70.73
0.850.590.820.880.80.830.850.790.850.85-0.610.770.250.53-0.31-0.40.70.33-0.76-0.330.360.51-0.860.77
0.90.660.830.930.80.830.990.790.850.86-0.770.820.370.58-0.31-0.480.750.21-0.54-0.120.490.62-0.930.96
0.950.730.860.970.830.850.990.820.910.85-0.80.820.310.65-0.31-0.530.740.18-0.55-0.090.440.68-0.940.95
0.840.681.00.871.00.790.790.820.90.76-0.610.730.250.62-0.39-0.280.670.3-0.48-0.350.30.36-0.690.72
0.980.830.930.970.910.850.850.910.90.74-0.750.740.170.77-0.36-0.560.650.2-0.55-0.110.290.65-0.830.81
0.750.540.790.850.760.850.860.850.760.74-0.410.950.360.56-0.18-0.380.920.44-0.47-0.550.460.38-0.80.8
-0.81-0.58-0.64-0.73-0.62-0.61-0.77-0.8-0.61-0.75-0.41-0.42-0.07-0.490.490.51-0.320.140.55-0.33-0.18-0.670.71-0.78
0.750.580.760.850.730.770.820.820.730.740.95-0.420.270.59-0.21-0.460.910.3-0.39-0.540.390.46-0.770.76
0.160.00.250.230.250.250.370.310.250.170.36-0.070.270.07-0.330.040.120.34-0.23-0.130.97-0.12-0.340.4
0.760.850.660.740.640.530.580.650.620.770.56-0.490.590.07-0.15-0.650.630.26-0.09-0.110.170.51-0.520.62
-0.290.01-0.37-0.24-0.39-0.31-0.31-0.31-0.39-0.36-0.180.49-0.21-0.33-0.150.130.03-0.260.58-0.04-0.360.040.3-0.41
-0.61-0.62-0.34-0.59-0.3-0.4-0.48-0.53-0.28-0.56-0.380.51-0.460.04-0.650.13-0.40.010.16-0.23-0.12-0.680.51-0.48
0.670.640.70.770.670.70.750.740.670.650.92-0.320.910.120.630.03-0.40.33-0.17-0.60.220.37-0.640.7
0.1-0.020.290.180.30.330.210.180.30.20.440.140.30.340.26-0.260.010.33-0.32-0.440.32-0.31-0.150.22
-0.53-0.07-0.49-0.51-0.49-0.76-0.54-0.55-0.48-0.55-0.470.55-0.39-0.23-0.090.580.16-0.17-0.320.03-0.29-0.320.67-0.52
-0.02-0.03-0.33-0.17-0.34-0.33-0.12-0.09-0.35-0.11-0.55-0.33-0.54-0.13-0.11-0.04-0.23-0.6-0.440.03-0.10.380.02-0.04
0.290.120.310.360.30.360.490.440.30.290.46-0.180.390.970.17-0.36-0.120.220.32-0.29-0.10.02-0.470.51
0.760.690.430.70.380.510.620.680.360.650.38-0.670.46-0.120.510.04-0.680.37-0.31-0.320.380.02-0.750.6
-0.89-0.61-0.74-0.9-0.7-0.86-0.93-0.94-0.69-0.83-0.80.71-0.77-0.34-0.520.30.51-0.64-0.150.670.02-0.47-0.75-0.92
0.870.630.760.880.730.770.960.950.720.810.8-0.780.760.40.62-0.41-0.480.70.22-0.52-0.040.510.6-0.92
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Energy Transfer Account Relationship Matchups

Energy Transfer income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization3.1B3.7B3.8B4.2B4.4B4.6B
Interest Expense2.3B2.3B2.3B2.3B2.6B1.4B
Total Revenue54.2B39.0B67.4B89.9B78.6B82.5B
Gross Profit11.3B9.8B13.2B13.5B13.7B14.3B
Other Operating Expenses46.9B33.1B58.6B81.8B70.3B73.8B
Operating Income4.6B2.3B5.3B4.3B8.3B8.7B
Ebit4.6B5.9B8.8B8.1B8.2B8.6B
Ebitda7.8B9.5B12.6B12.3B12.6B13.2B
Cost Of Revenue42.9B29.2B54.2B76.4B64.9B68.2B
Total Operating Expenses4.0B3.9B4.4B5.4B5.5B5.8B
Income Before Tax5.1B377M6.9B6.1B5.6B5.9B
Total Other Income Expense Net483M(2.6B)(1.9B)(1.7B)(2.7B)(2.6B)
Net Income4.9B140M5.5B4.8B3.9B4.1B
Income Tax Expense195M237M184M204M303M318.2M
Selling General Administrative694M711M818M1.0B916M549.6M
Net Income Applicable To Common Shares3.6B(649M)5.2B4.8B5.5B5.7B
Minority Interest1.3B788M1.2B(1.1B)(1.4B)(1.3B)
Net Income From Continuing Ops4.9B140M7.1B5.9B5.2B2.7B
Non Operating Income Net Other148M(276M)346M640M576M604.8M
Non Recurring74M2.9B21M386M443.9M867.2M
Tax Provision195M237M184M204M301M316.1M
Interest Income2.3B2.5B2.0B1.8B2.0B2.1B
Net Interest Income(2.3B)(2.3B)(2.3B)(2.3B)(2.5B)(2.6B)
Reconciled Depreciation3.1B3.7B3.8B4.2B4.3B3.9B

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Additional Tools for Energy Stock Analysis

When running Energy Transfer's price analysis, check to measure Energy Transfer's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Energy Transfer is operating at the current time. Most of Energy Transfer's value examination focuses on studying past and present price action to predict the probability of Energy Transfer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energy Transfer's price. Additionally, you may evaluate how the addition of Energy Transfer to your portfolios can decrease your overall portfolio volatility.