Energy Transfer (ET) Return on Invested Capital (2010 - 2026)

Energy Transfer's Return on Invested Capital history runs 17 years deep, the most recent figure standing at 1.7% for Q1 2026.

• Quarterly Return on Invested Capital rose 163.0% year-over-year to 1.7% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.7% (up 163.0% YoY) and the FY2025 annual result came in at 5.15%, up 499.0% from the prior year.
• Return on Invested Capital was 1.7% for Q1 2026 at Energy Transfer, down from 2.27% in the prior quarter.
• Across five years, Return on Invested Capital topped out at 2.27% in Q4 2025 and bottomed at 0.01% in Q1 2024.
• A 5-year average of 0.32% and a median of 0.04% in 2023 frame the typical range for Return on Invested Capital.
• Annual changes were most pronounced in 2022 — Return on Invested Capital plunged 63 bps — and 2025, when it jumped 223 bps.
• Energy Transfer's Return on Invested Capital stood at 0.08% in 2022, then sank by 79 bps to 0.02% in 2023, then soared by 142 bps to 0.04% in 2024, then jumped by 5835 bps to 2.27% in 2025, then declined by 25 bps to 1.7% in 2026.
• Business Quant data shows ET's Return on Invested Capital at 1.7% in Q1 2026, 2.27% in Q4 2025, and 0.56% in Q3 2025.