Energy Transfer LP

ET Energy Oil & Gas Midstream

Energy Transfer LP’s revenue for fiscal 2025 (year ended December 2025) was $85.5 billion, up 3.47% from fiscal 2024.

Revenue
+85.9%
EPS
+17.9%
Free cash flow
+215.5%
Total debt
+9.11%

Quarter to September 2026, against a year earlier

19.21 0.25 −1.28%
Market cap
$66.1B
P/E
12.6×
Fwd P/E
12.0×
Dividend yield
8.78%
F-score
5/9
Altman Z
n/a
Beneish M
−2.48
Dividend safety
66/100

Energy Transfer LP (ET) Return on assets

Alert me on Return on assets

Energy Transfer LP's return on assets over the twelve months to 30 September 2026 was 3.75%, up 0.6 percentage points from fiscal 2025 (3.13%). Over the past ten years it has ranged from −0.67% (fiscal 2020) to 5.15% (fiscal 2021); the current reading is higher than 55% of that period. That is below the Oil & Gas Midstream industry median of 4.43% and above the Energy sector median of 3.35%.

Return on assets, annual

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Annual newest first

Period Return on assets Change (points)
FY2025 3.13% (0.55)
FY2024 3.68% 0.52
FY2023 3.16% (0.93)
FY2022 4.09% (1.06)
FY2021 5.15% 5.82
FY2020 −0.67% (4.42)
FY2019 3.75% 1.79
FY2018 1.96% 0.85
FY2017 1.11% (0.20)
FY2016 1.31% (0.44)

Against its own ten years

Low −0.67% High 5.15%
Ten-year median 3.13%
Current reading's percentile 55

Return on assets against peers

Company Return on assets
MPLX MPLX LP compare 9.94%
LNG Cheniere Energy, Inc. compare 6.44%
OKE ONEOK, Inc. compare 5.77%
WMB Williams Companies, Inc. (The) compare 4.94%
KMI Kinder Morgan, Inc. compare 4.88%
ET Energy Transfer LP 3.75%
TRP TC Energy Corporation compare 2.89%
TRGP Targa Resources, Inc. compare 0.00%
EPD Enterprise Products Partners L.P. compare 0.00%
Oil & Gas Midstream industry median 4.43%
Energy sector median 3.35%
Market median 0.00%

What Return on assets is

ROA tells an investor how much profit a company earns for shareholders from the assets it uses to run its business.

Annual: Net Income Allotted to Shareholders ÷ Average Assets; TTM: Net Income Allotted to Shareholders ÷ Average Assets (latest quarter)

The full definition of Return on assets →

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