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

Energy Transfer (ET) has reported Invested Capital for 18 consecutive years, with $119.0 billion the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Invested Capital rose 11.9% year-over-year to $119.0 billion; the trailing twelve-month figure through Jun 2026 stood at $119.0 billion (up 11.9% YoY), and the FY2025 full-year result was $117.4 billion, up 10.94% from the prior year.
• Invested Capital steadied at $119.0 billion in Q2 2026 per ET's latest filing, from $119.1 billion in the prior quarter.
• Across five years, Invested Capital topped out at $119.1 billion in Q1 2026 and bottomed at $87.9 billion in Q1 2023.
• Historically, Invested Capital has averaged $100.8 billion across 5 years, with a median of $100.9 billion in 2024.
• The sharpest annual moves came in 2023 and 2024: Invested Capital slipped 3.44% in 2023, then grew 17.91% in 2024.
• Over 5 years, Invested Capital stood at $88.9 billion in 2022, then climbed by 9.44% to $97.3 billion in 2023, then gained by 8.69% to $105.8 billion in 2024, then increased by 10.94% to $117.4 billion in 2025, then gained by 1.34% to $119.0 billion in 2026.
• According to Business Quant data, Invested Capital over the past three periods registered $119.0 billion, $119.1 billion, and $117.4 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.