Energy Transfer (ET) Return on Equity [ROE] (2009 - 2026)
Energy Transfer (ET) reported Return on Equity [ROE] of 15.09% for Q3 2026, up 2.07 percentage points from 13.02% a year earlier and up 1.05 percentage points from the prior quarter.
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Analysis
Energy Transfer (ET) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For FY2025, Energy Transfer posted Return on Equity [ROE] of 12.01%, down 2.58 percentage points from FY2024.
- Return on Equity [ROE] has a five-year change of +11.58 percentage points (FY2020 to FY2025).
- By year, Return on Equity [ROE] came in at 14.60% in FY2024 (+2.08 pp), 12.52% in FY2023 (-2.15 pp), 14.67% in FY2022 (-4.24 pp) and 18.91% in FY2021 (+18.48 pp).
- The Q3 2026 figure ranks as the highest quarterly Return on Equity [ROE] since Q4 2021.
- Year over year, Return on Equity [ROE] gained in four of the last eight quarters, with an average year-over-year change of -0.07 percentage points.
- The high point for year-over-year Return on Equity [ROE] in five years was Q4 2021 (a gain of 17.46 percentage points); the low point was Q3 2022 (a drop of 3.89 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 14.04% (Q2 2026), 12.08% (Q1 2026) and 12.10% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 10.24% |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 21.40% |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 21.37% |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 11.28% |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | 17.29% |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 15.09% |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 64.32% |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 39.63% |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 30.73% |
| 10 | Oneok | 56.58 Bn | 65.12 Bn | 2.84 Bn | 14.79% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 15.09% |
| Jun 30, 2026 | 14.04% |
| Mar 31, 2026 | 12.08% |
| Dec 31, 2025 | 12.10% |
| Sep 30, 2025 | 13.02% |
| Jun 30, 2025 | 13.22% |
| Mar 31, 2025 | 14.30% |
| Dec 31, 2024 | 14.24% |
| Sep 30, 2024 | 14.59% |
| Jun 30, 2024 | 14.11% |
| Mar 31, 2024 | 12.63% |
| Dec 31, 2023 | 12.53% |
| Sep 30, 2023 | 12.67% |
| Jun 30, 2023 | 13.33% |
| Mar 31, 2023 | 14.33% |
| Dec 31, 2022 | 14.45% |
| Sep 30, 2022 | 13.92% |
| Jun 30, 2022 | 12.94% |
| Mar 31, 2022 | 11.38% |
| Dec 31, 2021 | 17.91% |
API Access
Energy Transfer Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=ET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=ET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();