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

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.