Tangible Shareholders Equity (Annual)

Tangible Shareholders Equity: The value shareholders equity less intangible assets.

Energy Transfer LP (ET) had Tangible Shareholders Equity of $36.12B for the most recently reported fiscal year, ending 2025-12-31.

Quarterly Annual

Figures for fiscal year ending 2025-12-31

Income Statement Financials
Revenue	$85.54B
Net Income	$4.17B
Cost of Goods Sold	$63.49B
Gross Profit	$22.04B
Operating Expenses	$76.51B
Operating Income	$9.03B
Non-Operating Income/Expense	$-2.97B
Pre-Tax Income	$6.06B
Normalized Pre-Tax Income	$6.06B
Income after Taxes	$5.71B
Income from Continuous Operations	$5.71B
Consolidated Net Income/Loss	$5.71B
Normalized Income after Taxes	$5.71B
EBIT	$9.03B
EBITDA	$14.71B
Weighted-Average Shares Outstanding (Basic)	3.43B
Weighted-Average Shares Outstanding (Diluted)	3.45B
Earnings per Share (EPS) (Basic)	$1.22
Earnings per Share (EPS) (Diluted)	$1.21
Balance Sheet Financials
Current Assets	$18.23B
Property, Plant, and Equipment	$102.14B
Long-Term Assets	$123.05B
Total Assets	$141.29B
Current Liabilities	$14.96B
Long-Term Debt	$68.31B
Long-Term Liabilities	$77.32B
Total Liabilities	$92.28B
Common Equity	$45.65B
Tangible Shareholders Equity	$36.12B
Shareholders Equity	$49.01B
Common Shares Outstanding	3.44B
Cash Flow Statement Financials
Cash Flow from Operating Activities	$10.15B
Cash Flow from Investing Activities	$-8.37B
Cash Flow from Financial Activities	$-816.00M
Beginning Cash	$312.00M
End Cash	$1.27B
Increase/Decrease in Cash	$960.00M
Stock-Based Compensation	$148.00M
Common Stock Dividends Paid	$-56.00M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	1.22
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.58
Debt to Equity Ratio	1.39
Gross Margin	25.77%
Operating Margin	10.55%
EBIT Margin	10.55%
EBITDA Margin	17.20%
Pre-Tax Profit Margin	7.08%
Profit Margin	4.88%
Free Cash Flow	$3.85B
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.61
Inventory Turnover	13.31
Receiveable Turnover	7.47
Days Sales in Receivables	48.86
Return on Equity	12.50%
Return on Tangible Equity	15.80%
Return on Assets	4.04%
Return on Investments	4.87%
Book Value Per Share	$14.25
Free Cash Flow per Share	$1.11
Operating Cash Flow per Share	$2.94

Data from Zacks Investment Research, Inc.