Energy Transfer (ET) Return on Invested Capital (2010 - 2026)
Energy Transfer's (ET) quarterly Return on Invested Capital came in at 1.7% in Q1 2026, up 163.0% YoY from 0.65% in Q1 2025, and down 24.88% on a QoQ basis from 2.27% in Q4 2025.
Energy Transfer (ET) Return on Invested Capital (2010 - 2026) Analysis & Trends
Energy Transfer (ET) has 17 years of Return on Invested Capital data on file, last reported at 1.7% in 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 slipped to 1.7% in Q1 2026, from 2.27% in the prior quarter.
- In the past five years, Return on Invested Capital ranged from a high of 2.27% in Q4 2025 to a low of 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 sank 63 bps — and 2025, when it jumped 223 bps.
- Tracing ET's Return on Invested Capital over 5 years: stood at 0.08% in 2022, then tumbled by 79 bps to 0.02% in 2023, then jumped by 142 bps to 0.04% in 2024, then surged by 5835 bps to 2.27% in 2025, then slipped by 25 bps to 1.7% in 2026.
- The last three Return on Invested Capital figures came in at 1.7% (Q1 2026), 2.27% (Q4 2025), and 0.56% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 0.00% |
| 2 | Enbridge | 111.13 Bn | 109.64 Bn | 5.23 Bn | 0.01% |
| 3 | Enterprise Products Partners | 83.42 Bn | 82.51 Bn | - | 0.01% |
| 4 | Energy Transfer | 72.55 Bn | 71.52 Bn | 7.40 Bn | 1.64% |
| 5 | Tc Energy | 66.17 Bn | 58.61 Bn | 1.24 Bn | 0.00% |
| 6 | Mplx | 60.16 Bn | 59.13 Bn | 2.73 Bn | 0.00% |
| 7 | Oneok | 60.05 Bn | 59.89 Bn | 2.81 Bn | 0.01% |
| 8 | Targa Resources | 59.27 Bn | 59.14 Bn | 2.14 Bn | 0.00% |
| 9 | Cheniere Energy | 56.13 Bn | 54.88 Bn | 5.29 Bn | 0.01% |
| 10 | Venture Global | 34.44 Bn | 31.22 Bn | 2.92 Bn | 0.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.64% |
| Mar 31, 2026 | 1.70% |
| Dec 31, 2025 | 2.27% |
| Sep 30, 2025 | 0.56% |
| Jun 30, 2025 | 0.21% |
| Mar 31, 2025 | 0.08% |
| Dec 31, 2024 | 0.04% |
| Sep 30, 2024 | 0.03% |
| Jun 30, 2024 | 0.02% |
| Mar 31, 2024 | 0.01% |
| Dec 31, 2023 | 0.02% |
| Sep 30, 2023 | 0.02% |
| Jun 30, 2023 | 0.04% |
| Mar 31, 2023 | 0.23% |
| Dec 31, 2022 | 0.08% |
| Sep 30, 2022 | 0.04% |
| Jun 30, 2022 | 0.03% |
| Mar 31, 2022 | 0.03% |
| Dec 31, 2021 | 0.05% |
| Sep 30, 2021 | 0.08% |