Energy Transfer LP
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $54.09B | $40.52B | $31.79B | $36.10B | $55.69B | $48.34B | $16.96B | $8.19B |
| Cost of Revenue | $41.60B | $30.97B | $23.69B | $28.67B | $48.41B | $42.58B | $13.09B | $5.17B |
| Gross Profit | $12.48B | $9.56B | $8.10B | $7.43B | $7.30B | $5.78B | $3.88B | $3.02B |
| Gross Margin | 23.1% | 23.6% | 25.5% | 20.6% | 13.1% | 12.0% | 22.8% | 36.9% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $702.0M | $599.0M | $656.0M | $548.0M | $611.0M | $533.0M | $527.0M | $253.0M |
| Operating Income | $5.40B | $2.72B | $1.85B | $2.29B | $2.47B | $1.55B | $1.36B | $1.24B |
| Operating Margin | 10.0% | 6.7% | 5.8% | 6.3% | 4.4% | 3.2% | 8.0% | 15.1% |
| Interest Expense | $2.06B | $1.92B | $1.80B | $1.62B | $1.37B | $1.22B | $1.02B | $740.0M |
| Pretax Income | $3.69B | $710.0M | $204.0M | $900.0M | $1.42B | $375.0M | $1.44B | $548.0M |
| Income Tax Expense | $4.0M | $-1.83B | $-258.0M | $-123.0M | $357.0M | $93.0M | $54.0M | $17.0M |
| Net Income | $1.75B | $954.0M | $995.0M | $1.19B | $633.0M | $196.0M | $304.0M | $310.0M |
| Net Margin | 3.2% | 2.4% | 3.1% | 3.3% | 1.1% | 0.4% | 1.8% | 3.8% |
| EPS (Basic) | — | — | — | — | — | — | — | — |
| EPS (Diluted) | — | — | — | — | — | — | — | — |
| Shares Outstanding (Basic) | 1.08B | 1.08B | 1.04B | 538.8M | 558.2M | 280.0M | 223.0M | 222.9M |
| Shares Outstanding (Diluted) | 1.08B | 1.08B | 1.04B | 538.8M | 558.2M | 280.0M | 223.0M | 222.9M |
| Dividends Per Share | — | — | — | — | — | — | — | — |