ET Q2 2024 Earnings — Energy Transfer LP Revenue & Financial Results | Market Cap Arena

ETEnergy Transfer LP

$64B

Q2 2024 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$20.7B+13.1% YoY

Gross Profit

$3.9B18.8% margin

Operating Income

$2.3B11.1% margin

Net Income

$1.3B6.3% margin

EPS (Diluted)

$0.35

QoQ Revenue Growth

-4.2%

Cash Flow

Operating Cash Flow

$2.3B

Free Cash Flow

$1.5B

Stock-Based Comp.

$30M

Balance Sheet

Total Assets

$121.3B

Total Liabilities

$75.5B

Stockholders' Equity

$34.3B

Cash & Equivalents

$650M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$20.7B	$18.3B	+13.1%
Gross Profit	$3.9B	$3.1B	+24.2%
Operating Income	$2.3B	$1.8B	+25.2%
Net Income	$1.3B	$911M	+44.2%

Revenue Segments

Crude sales

$6.6B32%

Refined Products

$6.0B29%

NGL sales

$4.4B21%

Gathering, transportation and other fees

$3.0B15%

Natural gas sales

$460M2%

Product and Service, Other

$327M2%