Energy Transfer (ET) Capital Expenditures (2010 - 2026)
Energy Transfer (ET) recorded Capital Expenditures of $1.56 billion in Q2 2026, down 5.7% from $1.66 billion a year earlier and down 18.4% from the prior quarter.
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Analysis
Energy Transfer (ET) Capital Expenditures (2010 - 2026) Analysis & Trends
On a TTM basis, Energy Transfer's Capital Expenditures came in at $6.9 billion as of Jun 30, 2026, up 26.8% year-over-year; for FY2025, it came in at $6.3 billion, up 51.4% from FY2024.
- Annual Capital Expenditures has a five-year compound annual growth rate of 4.2% (FY2020 to FY2025).
- Across earlier years, Capital Expenditures came in at $4.16 billion in FY2024 (+32.9%), $3.13 billion in FY2023 (-7.3%), $3.38 billion in FY2022 (+19.8%) and $2.82 billion in FY2021 (-45.0%).
- Quarterly Capital Expenditures has ranged from $617 million in Q3 2021 to $2.12 billion in Q4 2025 over the past five years.
- On a year-over-year basis, Capital Expenditures rose in seven of the last eight quarters, with growth averaging 54.6%.
- Peak year-over-year performance for Capital Expenditures in the last five years was growth of 109.1% in Q4 2024, against a decline of 45.8% in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.92 billion (Q1 2026), $2.12 billion (Q4 2025) and $1.3 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn | 2.15 Bn |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - | 1.16 Bn |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn | 1.56 Bn |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn | 982.00 Mn |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn | -773.53 Mn |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn | 1.01 Bn |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn | 825.00 Mn |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn | 1.18 Bn |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn | 613.00 Mn |
| 10 | Venture Global | 31.49 Bn | 26.04 Bn | 2.92 Bn | 3.72 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.56 Bn |
| Mar 31, 2026 | 1.92 Bn |
| Dec 31, 2025 | 2.12 Bn |
| Sep 30, 2025 | 1.30 Bn |
| Jun 30, 2025 | 1.66 Bn |
| Mar 31, 2025 | 1.22 Bn |
| Dec 31, 2024 | 1.47 Bn |
| Sep 30, 2024 | 1.09 Bn |
| Jun 30, 2024 | 811.00 Mn |
| Mar 31, 2024 | 795.00 Mn |
| Dec 31, 2023 | 704.00 Mn |
| Sep 30, 2023 | 701.00 Mn |
| Jun 30, 2023 | 876.00 Mn |
| Mar 31, 2023 | 853.00 Mn |
| Dec 31, 2022 | 888.00 Mn |
| Sep 30, 2022 | 1.04 Bn |
| Jun 30, 2022 | 706.00 Mn |
| Mar 31, 2022 | 752.00 Mn |
| Dec 31, 2021 | 776.00 Mn |
| Sep 30, 2021 | 617.00 Mn |
API Access
Energy Transfer Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=ET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "ET", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=ET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();