Energy Transfer LP employees and revenue per employee

ET · Oil & Gas Midstream · $70.4B market cap

Energy Transfer LP had 22,311 employees at the end of fiscal Dec 2025, up 37.3% from a year earlier. Revenue for the year was $82.6B, down 0.1% from a year earlier, or $3.70M per employee. Revenue fell while headcount grew.

Employees

22,311

+37.3% YoY

Revenue

$82.6B

-0.1% YoY

Revenue / employee

$3.70M

Peer median $4.94M

Rank in industry

10 of 16

Oil & Gas Midstream

Headcount against revenue

Both lines start at 100 in the first year we hold, so you can see which one grew faster.

EmployeesRevenueIndexed to 100 in Dec 2016
21138256'16'17'18'19'20'21'22'23'24'25Revenue 220Staff 72

Hover a year for the numbers.

ET employees and revenue by fiscal year
Year endingEmployeesRevenuePer employeeStaff YoYRevenue YoY
Dec 202522,311$82.6B$3.70M+37.3%-0.1%
Dec 202416,248$82.7B$5.09M+17.9%+5.2%
Dec 202313,786$78.6B$5.70M+9.7%-12.6%
Dec 202212,565$89.9B$7.15M+0.1%+33.3%
Dec 202112,558$67.4B$5.37M+10.0%+73.1%
Dec 202011,421$39.0B$3.41M-10.9%-28.1%
Dec 201912,812$54.2B$4.23M+8.9%+0.2%
Dec 201811,768$54.1B$4.60M-60.1%+33.5%
Dec 201729,486$40.5B$1.37M-4.9%+8.0%
Dec 201630,992$37.5B$1.21M——

Open roles: we have not matched a verified job board for this company yet.

Employees, last six fiscal years
11,421'2012,558'2112,565'2213,786'2316,248'2422,311'25
Revenue per employee, last six fiscal years
$3.41M'20$5.37M'21$7.15M'22$5.70M'23$5.09M'24$3.70M'25

Energy Transfer LP against similar companies

The closest industry peers by revenue, from Oil & Gas Midstream.

CompanyEmployeesRevenueRevenue / employeeShape
PAA
Plains All American Pipeline, L.P.
3,900$44.3B$11.3MContracting
PAGP
Plains GP Holdings LP
3,900$44.3B$11.3MContracting
LNG
Cheniere Energy, Inc.
1,714$15.8B$9.20MHiring into decline
VG
Venture Global, Inc.
2,000$13.8B$6.88MEfficient growth
EPD
Enterprise Products Partners L.P.
8,000$52.6B$6.57MHiring into decline
OKE
ONEOK, Inc.
6,326$33.6B$5.32MEfficient growth
TRGP
Targa Resources Corp.
3,570$17.1B$4.80MHiring ahead
ET
Energy Transfer LP
22,311$82.6B$3.70MHiring into decline
KMI
Kinder Morgan, Inc.
11,028$16.9B$1.54MEfficient growth
Every Energy company

Questions about Energy Transfer LP

How many employees does Energy Transfer LP have?
Energy Transfer LP reported 22,311 employees for the fiscal year ending Dec 2025, in the annual report it filed on February 19, 2026. That is up 37.3% from a year earlier.
What is Energy Transfer LP's revenue per employee?
Energy Transfer LP brought in $82.6B of revenue in fiscal Dec 2025, which is $3.70M per employee. That ranks 10 of 16 companies we track in Oil & Gas Midstream, where the median is $4.94M.
Where do these numbers come from?
Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.

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Compare ET with the rest of the market

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Source: employee counts and revenue as stated in Energy Transfer LP's annual reports (Form 10-K), latest filed February 19, 2026. This is data, not a recommendation to buy or sell ET.