The plastic node method is reformulated by the variational principle and is applied to elasto-plastic finite element analysis of tubular joints, eventually including the effect of internal and external gussets, stiffener rings, etc., if necessary. Four different joints are studied here in detail for the elasto-plastic behavior, the strain at the hot spot, the strain concentration factor around the intersection line, and the propagation of the plastic region with loading up to collapse in order to determine the ultimate strength, safety factor, and development of the plastic field. The present results are in good agreement with the experimental results. The plastic node method is reformulated by the variational principle and is applied to elasto-plastic finite element analysis of tubular joints, eventually including the effect of internal and external gussets, stiffener rings, etc., if necessary. Four different joints are studied here in detail for the elasto-plastic behavior, the strain at the hot spot, the strain concentration factor around the intersection line, and the propagation of the plastic region with loading up to collapse in order to determine the ultimate strength, safety factor, and development of the plastic field. The present results are in good agreement with the experimental results.