KPIs & Operating Metrics(New)
Growth Metrics

Energy Transfer (ET) Invested Capital (2016 - 2026)

Energy Transfer filings provide 17 years of Invested Capital readings, the most recent being $102.7 billion for Q4 2025.

  • On a quarterly basis, Invested Capital fell 2.91% to $102.7 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $102.7 billion, a 2.91% decrease, with the full-year FY2025 number at $102.7 billion, down 2.91% from a year prior.
  • Invested Capital hit $102.7 billion in Q4 2025 for Energy Transfer, down from $108.4 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $108.4 billion in Q3 2025 to a low of $51.5 billion in Q3 2021.
  • Median Invested Capital over the past 5 years was $89.8 billion (2022), compared with a mean of $92.9 billion.
  • Biggest five-year swings in Invested Capital: crashed 37.7% in 2021 and later surged 70.69% in 2022.
  • Energy Transfer's Invested Capital stood at $89.0 billion in 2021, then fell by 0.14% to $88.9 billion in 2022, then increased by 8.33% to $96.3 billion in 2023, then grew by 9.81% to $105.8 billion in 2024, then dropped by 2.91% to $102.7 billion in 2025.
  • The last three reported values for Invested Capital were $102.7 billion (Q4 2025), $108.4 billion (Q3 2025), and $106.3 billion (Q2 2025) per Business Quant data.