Energy Transfer (ET-PI) Invested Capital (2009 - 2026)

Energy Transfer (ET-PI) reported Invested Capital of $103.8 billion for Q1 2026, down 2.03% on a YoY basis from $106.0 billion in Q1 2025, and down 11.54% quarter-over-quarter from $117.3 billion in Q4 2025.

Energy Transfer (ET-PI) Invested Capital (2009 - 2026) Analysis & Trends

Energy Transfer has reported Invested Capital for 18 years, with the latest figure at $103.8 billion in Q1 2026.

  • For the quarter ending Q1 2026, Invested Capital fell 2.03% year-over-year to $103.8 billion; the trailing twelve-month figure through Mar 2026 stood at $103.8 billion (down 2.03% YoY), and the FY2025 full-year result was $117.3 billion, up 10.93% from the prior year.
  • Invested Capital for Q1 2026 stood at $103.8 billion, down from $117.3 billion in the prior quarter.
  • The five-year high for Invested Capital was $117.3 billion in Q4 2025, with the low at $87.9 billion in Q1 2023.
  • Historically, Invested Capital has averaged $98.3 billion across 5 years, with a median of $97.3 billion in 2024.
  • Annual changes were most pronounced in 2022 — Invested Capital soared 70.69% — and 2023, when it retreated 2.6%.
  • Energy Transfer's Invested Capital stood at $88.9 billion in 2022, then rose by 8.33% to $96.3 billion in 2023, then rose by 9.81% to $105.8 billion in 2024, then increased by 10.93% to $117.3 billion in 2025, then retreated by 11.54% to $103.8 billion in 2026.
  • The last three Invested Capital figures came in at $103.8 billion (Q1 2026), $117.3 billion (Q4 2025), and $108.4 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 59.19 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 33.06 Bn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 61.04 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 103.80 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn - 21.28 Mn
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 40.30 Bn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 21.59 Bn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 54.45 Bn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 19.65 Bn
10 Energy Transfer - - 6.62 Bn 103.80 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 103.80 Bn
Dec 31, 2025 117.34 Bn
Sep 30, 2025 108.44 Bn
Jun 30, 2025 106.29 Bn
Mar 31, 2025 105.95 Bn
Dec 31, 2024 105.78 Bn
Sep 30, 2024 105.44 Bn
Jun 30, 2024 103.09 Bn
Mar 31, 2024 97.27 Bn
Dec 31, 2023 96.33 Bn
Sep 30, 2023 88.64 Bn
Jun 30, 2023 89.09 Bn
Mar 31, 2023 87.90 Bn
Dec 31, 2022 88.92 Bn
Sep 30, 2022 87.99 Bn
Jun 30, 2022 89.42 Bn
Mar 31, 2022 90.25 Bn
Dec 31, 2021 89.05 Bn
Sep 30, 2021 51.55 Bn
Jun 30, 2021 81.57 Bn