Energy Transfer (ET-PI) Return on Capital Employed (2011 - 2026)

Energy Transfer (ET-PI) reported Return on Capital Employed of 7.59% for Q1 2026, down 64.0% on a YoY basis from 21.1% in Q1 2025, and up 1.25% quarter-over-quarter from 7.5% in Q4 2025.

Energy Transfer (ET-PI) Return on Capital Employed (2011 - 2026) Analysis & Trends

Energy Transfer has reported Return on Capital Employed for 16 years, with the latest figure at 7.59% in Q1 2026.

  • For the quarter ending Q1 2026, Return on Capital Employed fell 64.0% year-over-year to 7.59%; the trailing twelve-month figure through Mar 2026 stood at 7.59% (down 64.0% YoY), and the FY2025 full-year result was 7.63%, down 92.0% from the prior year.
  • Return on Capital Employed for Q1 2026 stood at 7.59%, up from 7.5% in the prior quarter.
  • The five-year high for Return on Capital Employed was 8.49% in Q2 2024, with the low at 7.0% in Q1 2022.
  • Historically, Return on Capital Employed has averaged 8.05% across 5 years, with a median of 8.14% in 2024.
  • Annual changes were most pronounced in 2022 — Return on Capital Employed sank 181 bps — and 2023, when it surged 138 bps.
  • Energy Transfer's Return on Capital Employed stood at 8.12% in 2022, then climbed by 3 bps to 8.35% in 2023, then retreated by 2 bps to 8.14% in 2024, then decreased by 8 bps to 7.5% in 2025, then grew by 1 bps to 7.59% in 2026.
  • The last three Return on Capital Employed figures came in at 7.59% (Q1 2026), 7.5% (Q4 2025), and 8.04% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 5.26%
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 11.93%
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 7.42%
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 7.59%
5 Scorpio Tankers 59.17 Bn 58.19 Bn - 13.21%
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 14.56%
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 3.63%
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 9.98%
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn -
10 Energy Transfer - - 6.62 Bn 7.59%

Historic Data

Download Data
DateValue
Mar 31, 2026 7.59%
Dec 31, 2025 7.50%
Sep 30, 2025 8.04%
Jun 30, 2025 8.13%
Mar 31, 2025 8.23%
Dec 31, 2024 8.14%
Sep 30, 2024 8.17%
Jun 30, 2024 8.49%
Mar 31, 2024 8.44%
Dec 31, 2023 8.35%
Sep 30, 2023 8.48%
Jun 30, 2023 8.36%
Mar 31, 2023 8.38%
Dec 31, 2022 8.12%
Sep 30, 2022 7.94%
Jun 30, 2022 7.42%
Mar 31, 2022 7.00%
Dec 31, 2021 9.72%
Sep 30, 2021 9.74%
Jun 30, 2021 8.27%