Energy Transfer (ET) Return on Assets [ROA] (2009 - 2026)
Energy Transfer's Return on Assets [ROA] was 4.76% in Q2 2026, down 0.06 percentage points from 4.82% a year earlier but up 0.63 percentage points from the prior quarter.
Energy Transfer (ET) Return on Assets [ROA] (2009 - 2026) Analysis & Trends
For FY2025, Return on Assets [ROA] at Energy Transfer came in at 4.28%, down 1.21 percentage points from FY2024.
- Return on Assets [ROA] shows a five-year change of +4.14 percentage points (FY2020 to FY2025).
- In earlier years, Return on Assets [ROA] was 5.49% in FY2024 (+0.66 pp), 4.83% in FY2023 (-0.72 pp), 5.55% in FY2022 (-1.10 pp) and 6.65% in FY2021 (+6.51 pp).
- Quarterly Return on Assets [ROA] has moved between 4.13% (Q1 2026) and 6.60% (Q4 2021) over five years.
- Compared with a year earlier, Return on Assets [ROA] has declined for five straight quarters, with an average year-over-year change of -0.25 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Assets [ROA] over five years was Q4 2021 (a gain of 6.45 percentage points); the worst was Q3 2022 (a drop of 1.24 percentage points).
- Per Business Quant data, ET's Return on Assets [ROA] in the three quarters before Q2 2026 was 4.13% (Q1 2026), 4.22% (Q4 2025) and 4.65% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.46 Bn | 104.34 Bn | 4.35 Bn | 3.01% |
| 2 | Williams Companies | 84.36 Bn | 87.15 Bn | 2.59 Bn | 5.07% |
| 3 | Enterprise Products Partners | 80.12 Bn | 78.52 Bn | 14.00 Mn | 8.04% |
| 4 | Kinder Morgan | 69.50 Bn | 69.59 Bn | 2.97 Bn | 4.96% |
| 5 | Energy Transfer | 66.92 Bn | 63.02 Bn | 6.57 Bn | 5.08% |
| 6 | Tc Energy | 66.06 Bn | 69.71 Bn | - | - |
| 7 | Targa Resources | 60.35 Bn | 59.56 Bn | 2.02 Bn | 8.58% |
| 8 | Cheniere Energy | 59.93 Bn | 59.50 Bn | 2.97 Bn | 9.60% |
| 9 | Mplx | 57.44 Bn | 51.69 Bn | 3.19 Bn | 10.07% |
| 10 | Oneok | 55.08 Bn | 63.62 Bn | 2.84 Bn | 5.75% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.08% |
| Jun 30, 2026 | 4.76% |
| Mar 31, 2026 | 4.13% |
| Dec 31, 2025 | 4.22% |
| Sep 30, 2025 | 4.65% |
| Jun 30, 2025 | 4.82% |
| Mar 31, 2025 | 5.24% |
| Dec 31, 2024 | 5.26% |
| Sep 30, 2024 | 5.44% |
| Jun 30, 2024 | 5.31% |
| Mar 31, 2024 | 4.83% |
| Dec 31, 2023 | 4.79% |
| Sep 30, 2023 | 4.86% |
| Jun 30, 2023 | 5.19% |
| Mar 31, 2023 | 5.55% |
| Dec 31, 2022 | 5.55% |
| Sep 30, 2022 | 5.28% |
| Jun 30, 2022 | 4.81% |
| Mar 31, 2022 | 4.21% |
| Dec 31, 2021 | 6.60% |
Energy Transfer Return on Assets [ROA] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-assets-%5Broa%5D&ticker=ET&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "ticker": "ET", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-assets-%5Broa%5D&ticker=ET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();