Energy Transfer (ET) Invested Capital (2009 - 2026)
Energy Transfer's (ET) quarterly Invested Capital came in at $19.0 million in Q1 2026, up 171.43% YoY from $7.0 million in Q1 2025, and down 24.0% on a QoQ basis from $25.0 million in Q4 2025.
Energy Transfer (ET) Invested Capital (2009 - 2026) Analysis & Trends
Energy Transfer (ET) has 18 years of Invested Capital data on file, last reported at $19.0 million in Q1 2026.
- Quarterly Invested Capital rose 171.43% year-over-year to $19.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $58.0 million (down 89.16% YoY) and the FY2025 annual result came in at $25.0 million, up 212.5% from the prior year.
- Invested Capital retreated to $19.0 million in Q1 2026, from $25.0 million in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $3.5 billion in Q2 2023 to a low of $2.0 million in Q2 2022.
- A 5-year average of $465.1 million and a median of $19.0 million in 2026 frame the typical range for Invested Capital.
- Annual changes were most pronounced in 2022 — Invested Capital plunged 99.71% — and 2023, when it soared 172850.0%.
- Tracing ET's Invested Capital over 5 years: stood at $2.0 million in 2022, then surged by 50300.0% to $1.0 billion in 2023, then slumped by 99.21% to $8.0 million in 2024, then soared by 212.5% to $25.0 million in 2025, then dropped by 24.0% to $19.0 million in 2026.
- The last three Invested Capital figures came in at $19.0 million (Q1 2026), $25.0 million (Q4 2025), and $8.0 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 29.70 Bn |
| 2 | Enbridge | 111.13 Bn | 109.64 Bn | 5.23 Bn | 4.85 Bn |
| 3 | Enterprise Products Partners | 83.42 Bn | 82.51 Bn | - | 2.02 Bn |
| 4 | Energy Transfer | 72.55 Bn | 71.52 Bn | 7.40 Bn | 12.00 Mn |
| 5 | Tc Energy | 66.17 Bn | 58.61 Bn | 1.24 Bn | 2.53 Bn |
| 6 | Mplx | 60.16 Bn | 59.13 Bn | 2.73 Bn | 26.01 Bn |
| 7 | Oneok | 60.05 Bn | 59.89 Bn | 2.81 Bn | 1.50 Bn |
| 8 | Targa Resources | 59.27 Bn | 59.14 Bn | 2.14 Bn | 18.46 Bn |
| 9 | Cheniere Energy | 56.13 Bn | 54.88 Bn | 5.29 Bn | 1.41 Bn |
| 10 | Venture Global | 34.44 Bn | 31.22 Bn | 2.92 Bn | 287.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 12.00 Mn |
| Mar 31, 2026 | 19.00 Mn |
| Dec 31, 2025 | 25.00 Mn |
| Sep 30, 2025 | 8.00 Mn |
| Jun 30, 2025 | 6.00 Mn |
| Mar 31, 2025 | 7.00 Mn |
| Dec 31, 2024 | 8.00 Mn |
| Sep 30, 2024 | 263.00 Mn |
| Jun 30, 2024 | 257.00 Mn |
| Mar 31, 2024 | 1.18 Bn |
| Dec 31, 2023 | 1.01 Bn |
| Sep 30, 2023 | 1.01 Bn |
| Jun 30, 2023 | 3.46 Bn |
| Mar 31, 2023 | 2.00 Mn |
| Dec 31, 2022 | 2.00 Mn |
| Sep 30, 2022 | 2.00 Mn |
| Jun 30, 2022 | 2.00 Mn |
| Mar 31, 2022 | 652.00 Mn |
| Dec 31, 2021 | 680.00 Mn |
| Sep 30, 2021 | 678.00 Mn |