KPIs & Operating Metrics(New)
Growth Metrics

Energy Transfer (ET) Return on Capital Employed (2016 - 2026)

Energy Transfer filings provide 15 years of Return on Capital Employed readings, the most recent being 7.5% for Q4 2025.

  • On a quarterly basis, Return on Capital Employed fell 64.0% to 7.5% in Q4 2025 year-over-year; TTM through Dec 2025 was 7.5%, a 64.0% decrease, with the full-year FY2025 number at 7.63%, down 92.0% from a year prior.
  • Return on Capital Employed hit 7.5% in Q4 2025 for Energy Transfer, down from 8.04% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 9.74% in Q3 2021 to a low of 7.0% in Q1 2022.
  • Median Return on Capital Employed over the past 5 years was 8.2% (2024), compared with a mean of 8.24%.
  • Biggest five-year swings in Return on Capital Employed: soared 638bps in 2021 and later tumbled -181bps in 2022.
  • Energy Transfer's Return on Capital Employed stood at 9.72% in 2021, then fell by -16bps to 8.12% in 2022, then increased by 3bps to 8.35% in 2023, then fell by -2bps to 8.14% in 2024, then dropped by -8bps to 7.5% in 2025.
  • The last three reported values for Return on Capital Employed were 7.5% (Q4 2025), 8.04% (Q3 2025), and 8.13% (Q2 2025) per Business Quant data.