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

Energy Transfer (ET) has reported Invested Capital for 18 consecutive years, with $103.8 billion the latest figure, recorded in Q1 2026.

• Invested Capital for Q1 2026 came in at $103.8 billion, down 2.03% year-over-year; the trailing twelve-month figure through Mar 2026 was $103.8 billion (down 2.03% YoY), and the FY2025 annual result was $117.3 billion, up 10.93% from the prior year.
• Invested Capital was $103.8 billion for Q1 2026 at Energy Transfer, down from $117.3 billion in the prior quarter.
• Over five years, Invested Capital peaked at $117.3 billion in Q4 2025 and troughed at $87.9 billion in Q1 2023.
• A 5-year average of $98.3 billion and a median of $97.3 billion in 2024 frame the typical range for Invested Capital.
• Annual changes were most pronounced in 2022 — Invested Capital jumped 70.69% — and 2023, when it decreased 2.6%.
• Year by year, Invested Capital stood at $88.9 billion in 2022, then advanced by 8.33% to $96.3 billion in 2023, then advanced by 9.81% to $105.8 billion in 2024, then gained by 10.93% to $117.3 billion in 2025, then slipped by 11.54% to $103.8 billion in 2026.
• Per Business Quant, the three latest ET Invested Capital figures stand at $103.8 billion (Q1 2026), $117.3 billion (Q4 2025), and $108.4 billion (Q3 2025).