Energy Transfer Operating LP (Energy Transfer Operating LP) COGS-to-Revenue : 0.76 (As of Dec. 2020)

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What is Energy Transfer Operating LP COGS-to-Revenue?

Energy Transfer Operating LP's Cost of Goods Sold for the three months ended in Dec. 2020 was $7,663 Mil. Its Revenue for the three months ended in Dec. 2020 was $10,034 Mil.

Energy Transfer Operating LP's COGS to Revenue for the three months ended in Dec. 2020 was 0.76.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Energy Transfer Operating LP's Gross Margin % for the three months ended in Dec. 2020 was 23.63%.

Energy Transfer Operating LP COGS-to-Revenue Historical Data

The historical data trend for Energy Transfer Operating LP's COGS-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Energy Transfer Operating LP COGS-to-Revenue Chart

Energy Transfer Operating LP Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

COGS-to-Revenue

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0.81

0.83

0.82

0.79

0.75

Energy Transfer Operating LP Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
COGS-to-Revenue	Get a 7-Day Free Trial															0.80	0.79	0.69	0.73	0.76

Energy Transfer Operating LP COGS-to-Revenue Calculation

Energy Transfer Operating LP's COGS to Revenue for the fiscal year that ended in Dec. 2020 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	29156	/	38954
	=	0.75

Energy Transfer Operating LP's COGS to Revenue for the quarter that ended in Dec. 2020 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	7663	/	10034
	=	0.76

Energy Transfer Operating LP (NYSE:ETP) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Energy Transfer Operating LP's Gross Margin % for the three months ended in Dec. 2020 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	7663 / 10034
	=	23.63 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Energy Transfer Operating LP COGS-to-Revenue Related Terms

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Energy Transfer Operating LP (Energy Transfer Operating LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Energy Transfer Operating LP (NYSE:ETP) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

8111 Westchester Drive, Suite 600, Dallas, TX, USA, 75225

Website

http://www.energytransfer.com

Energy Transfer Operating LP is a diversified midstream energy company in the country with more than 86,000 miles of pipelines traversing approximately 38 states transporting the oil and gas products. Its core operations include transportation, storage and terminalling for natural gas, crude oil, NGLs, refined products and liquid natural gas. The operating business segments of the company are intrastate transportation and storage, interstate transportation and storage, midstream, NGL and refined products transportation and services, crude oil transportation and services, investment in Sunoco LP, investment in USAC, and Other. The crude oil transportation and services segment generates maximum revenue for the company.

Executives

Easter William H Iii

director

370 17TH ST, STE 2500, DENVER CO 80202