What changed in Energy Transfer Lp's latest annual report
In the year ended 31 Dec 2025, Energy Transfer Lp's revenue rose 3.5% to USD 85.54bn, from USD 82.67bn; net income fell 7.9% to USD 4.43bn, from USD 4.81bn; cash and cash equivalents rose 307.7% to USD 1.27bn, from USD 312.00m.
Year ended 31 Dec 2025. Source: 10-K filed 19 Feb 2026, read it on SEC EDGAR.
USD 82.67bn to USD 85.54bn
The figures, year on year
| Item | Year before | Latest year | Change |
|---|---|---|---|
| Revenue | 82.67bn | 85.54bn | Up 3.5% |
| Net income | 4.81bn | 4.43bn | Down 7.9% |
| Total assets | 125.38bn | 141.29bn | Up 12.7% |
| Long-term debt | 59.75bn | 68.31bn | Up 14.3% |
| Cash and cash equivalents | 312.00m | 1.27bn | Up 307.7% |
Questions people ask
Did Energy Transfer Lp's revenue grow last year?
Revenue grew 3.5%, from USD 82.67bn to USD 85.54bn in the year ended 31 Dec 2025.
Is Energy Transfer Lp profitable?
Yes. Net income was USD 4.43bn in the year ended 31 Dec 2025. The year before: USD 4.81bn.
How much cash and debt does Energy Transfer Lp have?
At its latest year end (31 Dec 2025), Energy Transfer Lp reported cash and cash equivalents of USD 1.27bn and long-term debt of USD 68.31bn.
Where do these numbers come from?
From Energy Transfer Lp's own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.
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