Filing Flows › Energy Transfer LP (ET) › Operating margin
Energy Transfer LP (ET) operating margin by quarter
Energy Transfer LP's operating margin was 7.5% in Q3 2026 (third quarter 2026), -2.9 pts from Q2 2026. Over the last 7 quarters it ranged from 7.5% (Q3 2026) to 12.0% (Q2 2025).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 7.5% | -2.9 pts | -3.3 pts |
| Q2 2026 | 10.4% | -0.3 pts | -1.6 pts |
| Q1 2026 | 10.7% | +2.5 pts | -1.1 pts |
| Q4 2025 | 8.2% | -2.6 pts | — |
| Q3 2025 | 10.8% | -1.2 pts | — |
| Q2 2025 | 12.0% | +0.1 pts | — |
| Q1 2025 | 11.9% | — | — |
Q3 2026 at a glance
Energy Transfer LP, Q3 2026: revenue $37.1B (+86% year over year), operating margin 7.5%, net earnings $1.2B, operating cash flow $4.0B. The chart follows the revenue to costs, profit and cash.
Questions
What is Energy Transfer LP's operating margin?
Energy Transfer LP's operating margin was 7.5% in Q3 2026 (third quarter 2026), -2.9 pts from Q2 2026.
How has Energy Transfer LP's operating margin changed?
Over the last 7 quarters it ranged from 7.5% (Q3 2026) to 12.0% (Q2 2025).