Below are the financial statements of Energy Transfer, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenues | — | — | — |
| Refined product sales | 22,051a | 23,389a | 26,020a |
| Crude sales | 25,368a | 23,492a | 23,473a |
| NGL sales | 19,105a | 15,957a | 20,114a |
| Gathering, transportation and other fees | 12,027a | 11,428a | 10,907a |
| Natural gas sales | 2,737a | 3,259a | 8,535a |
| Other | 1,383a | 1,061a | 827a |
| Total revenues | 82,671a | 78,586a | 89,876a |
| Costs and expenses | — | — | — |
| Cost of products sold | -61,975a | -60,541a | -72,232a |
| Operating expenses | -5,164a | -4,368a | -4,338a |
| Depreciation, depletion and amortization | -5,165a | -4,385a | -4,164a |
| Selling, general and administrative | -1,177a | -985a | -1,018a |
| Impairment losses and other | -52a | -12a | -386a |
| Total costs and expenses | -73,533a | -70,291a | -82,138a |
| Operating income | 9,138a | 8,295a | 7,738a |
| Other income (expense) | — | — | — |
| Interest expense, net of interest capitalized | -3,125a | -2,578a | -2,306a |
| Equity in earnings of unconsolidated affiliates | 379a | 383a | 257a |
| Gains (losses) on extinguishments of debt | -12a | 2a | 0a |
| Gains on interest rate derivatives | 6a | 36a | 293a |
| Non-operating litigation-related loss | 0a | -627a | 0a |
| Gain on sale of Sunoco LP West Texas assets | 586a | 0a | 0a |
| Other, net | 134a | 86a | 90a |
| Income before income tax expense | 7,106a | 5,597a | 6,072a |
| Income tax expense | -541a | -303a | -204a |
| Net income | 6,565a | 5,294a | 5,868a |
| Less: Net income attributable to noncontrolling interests | 1,692a | 1,299a | 1,061a |
| Less: Net income attributable to redeemable noncontrolling interests | 59a | 60a | 51a |
| Net income attributable to partners | 4,814a | 3,935a | 4,756a |
| General partner’s interest in net income | 4a | 3a | 4a |
| Preferred unitholders’ interest in net income | 362a | 463a | 422a |
| Loss on redemption of preferred units | 54a | 0a | 0a |
| Common unitholders’ interest in net income | 4,394a | 3,469a | 4,330a |
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