| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| REVENUES: | — | — | — | — | $721.0M | — | — | — | — |
| Total revenues | $1.72B+24.5% | $1.38B+30.3% | $1.06B+28.3% | $827.0M-98.8% | $67.42B+73.1% | $38.95B-28.1% | $54.21B+0.2% | $54.09B+33.5% | $40.52B |
| Cost of products sold | $63.49B+2.5% | $61.98B+2.4% | $60.54B-16.2% | $72.23B+43.3% | $50.40B+97.7% | $25.49B-36.0% | $39.80B-4.3% | $41.60B+34.4% | $30.97B |
| Operating expenses | $5.87B+13.6% | $5.16B+18.2% | $4.37B+0.7% | $4.34B+21.4% | $3.57B+11.1% | $3.22B-2.3% | $3.29B+6.6% | $3.09B+16.8% | $2.64B |
| Depreciation, depletion and amortization | $5.68B+10.0% | $5.17B+17.8% | $4.38B+5.3% | $4.16B+9.1% | $3.82B+3.8% | $3.68B+16.9% | $3.15B+10.1% | $2.86B+11.9% | $2.55B |
| Selling, general and administrative | $1.18B+0.3% | $1.18B+19.5% | $985.0M-3.2% | $1.02B+24.4% | $818.0M+15.0% | $711.0M+2.4% | $694.0M-1.1% | $702.0M+17.2% | $599.0M |
| Impairment losses and other | $285.0M+448.1% | $52.0M+333.3% | $12.0M-96.9% | $386.0M+1738.1% | $21.0M-99.3% | $2.88B+3791.9% | $74.0M-82.8% | $431.0M-58.5% | $1.04B |
| Total costs and expenses | $76.51B+4.0% | $73.53B+4.6% | $70.29B-14.4% | $82.14B+40.1% | $58.63B+63.0% | $35.97B-23.5% | $47.01B-3.4% | $48.68B+28.8% | $37.80B |
| OPERATING INCOME | $9.03B-1.2% | $9.14B+10.2% | $8.29B+7.2% | $7.74B-12.0% | $8.79B+195.0% | $2.98B-58.6% | $7.20B+33.3% | $5.40B+98.6% | $2.72B |
| Interest expense, net of interest capitalized | -$3.47B-11.2% | -$3.13B-21.2% | -$2.58B-11.8% | -$2.31B-1.7% | -$2.27B+2.6% | -$2.33B+0.2% | -$2.33B-13.4% | -$2.06B-6.9% | -$1.92B |
| Equity in earnings of unconsolidated affiliates | $419.0M+10.6% | $379.0M-1.0% | $383.0M+49.0% | $257.0M+4.5% | $246.0M+106.7% | $119.0M-60.6% | $302.0M-12.2% | $344.0M+138.9% | $144.0M |
| Gains (losses) on extinguishments of debt | -$34.0M-183.3% | -$12.0M-700.0% | $2.0M | $0+100.0% | -$38.0M+49.3% | -$75.0M-316.7% | -$18.0M+83.9% | -$112.0M-25.8% | -$89.0M |
| Gain (Loss) from Litigation Settlement | $0 | $0+100.0% | -$627.0M | $0 | $0 | — | — | — | — |
| Gain (Loss) on Disposition of Assets | $0-100.0% | $586.0M | $0 | $0 | — | — | — | — | — |
| Other, net | $120.0M-14.3% | $140.0M+14.8% | $122.0M+35.6% | $90.0M+16.9% | $77.0M+541.7% | $12.0M-88.6% | $105.0M+69.4% | $62.0M-69.9% | $206.0M |
| Income (Loss), Including Portion Attributable to Noncontrolling Interest, before Tax, Total | $6.06B-14.7% | $7.11B+27.0% | $5.60B-7.8% | $6.07B-11.6% | $6.87B+1722.5% | $377.0M-92.5% | $5.02B | — | — |
| Income tax expense | $350.0M-35.3% | $541.0M+78.5% | $303.0M+48.5% | $204.0M+10.9% | $184.0M-22.4% | $237.0M+21.5% | $195.0M+4775.0% | $4.0M+100.2% | -$1.83B |
| NET INCOME | $5.71B-13.1% | $6.57B+24.0% | $5.29B-9.8% | $5.87B-12.2% | $6.69B+4676.4% | $140.0M-97.1% | $4.83B+41.1% | $3.42B+44.5% | $2.37B |
| Less: Net income attributable to noncontrolling interests | $1.21B-28.6% | $1.69B+30.3% | $1.30B+22.4% | $1.06B-9.1% | $1.17B+57.9% | $739.0M-41.2% | $1.26B-23.0% | $1.63B+15.6% | $1.41B |
| Less: Net income attributable to redeemable noncontrolling interests | $67.0M+13.6% | $59.0M-1.7% | $60.0M+17.6% | $51.0M+2.0% | $50.0M+2.0% | $49.0M-3.9% | $51.0M+30.8% | $39.0M | $0 |
| NET INCOME ATTRIBUTABLE TO PARTNERS | $4.43B-7.9% | $4.81B+22.3% | $3.94B-17.3% | $4.76B-13.1% | $5.47B+944.1% | -$648.0M-118.4% | $3.52B+101.1% | $1.75B+83.3% | $954.0M |
| Less: General Partner’s interest in net income | $4.0M+0.0% | $4.0M+33.3% | $3.0M-25.0% | $4.0M-33.3% | $6.0M+700.0% | -$1.0M-125.0% | $4.0M+33.3% | $3.0M+50.0% | $2.0M |
| Less: Preferred Unitholders’ interest in net income | $248.0M-31.5% | $362.0M-21.8% | $463.0M+9.7% | $422.0M+48.1% | $285.0M | $0 | $0 | — | — |
| Preferred Stock Redemption Premium | $8.0M-85.2% | $54.0M | $0 | $0 | — | — | — | — | — |
| Limited Partners’ interest in net income | $4.17B-5.0% | $4.39B+26.7% | $3.47B-19.9% | $4.33B-16.4% | $5.18B+900.5% | -$647.0M-118.4% | $3.51B+105.1% | $1.71B+87.2% | $915.0M |
| Basic | $1.2M-5.4% | $1.3M+17.3% | $1.1M-21.4% | $1.4M-25.9% | $1.9M+887.5% | -$240K-117.9% | $1.3M+11.7% | $1.2M+41.2% | $850K |
| Diluted | $1.2M-5.5% | $1.3M+17.4% | $1.1M-22.1% | $1.4M-25.9% | $1.9M+887.5% | -$240K-118.0% | $1.3M+11.8% | $1.2M+43.4% | $830K |
| Refined product sales | |||||||||
| Crude sales | |||||||||
| Natural gas sales | |||||||||
| Gathering, transportation and other fees | |||||||||
| NGL sales | |||||||||
| Other | |||||||||
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.