ET Q1 2024 Earnings — Energy Transfer LP Revenue & Financial Results | Market Cap Arena

ETEnergy Transfer LP

$64B

Q1 2024 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$21.6B+13.9% YoY

Gross Profit

$3.9B18.0% margin

Operating Income

$2.4B11.0% margin

Net Income

$1.2B5.7% margin

EPS (Diluted)

$0.32

QoQ Revenue Growth

+5.3%

Cash Flow

Operating Cash Flow

$3.8B

Free Cash Flow

$3.0B

Stock-Based Comp.

$46M

Balance Sheet

Total Assets

$115.8B

Total Liabilities

$71.3B

Stockholders' Equity

$35.9B

Cash & Equivalents

$1.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$21.6B	$19.0B	+13.9%
Gross Profit	$3.9B	$3.4B	+15.9%
Operating Income	$2.4B	$2.1B	+15.4%
Net Income	$1.2B	$1.1B	+11.4%

Revenue Segments

Crude sales

$6.8B32%

Refined Products

$5.5B25%

NGL sales

$5.3B24%

Gathering, transportation and other fees

$2.9B13%

Natural gas sales

$855M4%

Product and Service, Other

$265M1%