Energy Transfer LP
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
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Energy Transfer LP (ET) Return on invested capital
Energy Transfer LP's return on invested capital over the twelve months to 30 September 2026 was 6.07%, up 1.2 percentage points from fiscal 2025 (4.86%). Over the past ten years it has ranged from 1.75% (fiscal 2016) to 6.19% (fiscal 2021); the current reading is higher than 55% of that period. That is in line with the Oil & Gas Midstream industry median of 6.10% and above the Energy sector median of 5.43%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 4.86% | (0.56) |
| FY2024 | 5.42% | 0.03 |
| FY2023 | 5.39% | (0.06) |
| FY2022 | 5.45% | (0.74) |
| FY2021 | 6.19% | 3.93 |
| FY2020 | 2.26% | (3.06) |
| FY2019 | 5.32% | 0.90 |
| FY2018 | 4.42% | 2.11 |
| FY2017 | 2.31% | 0.56 |
| FY2016 | 1.75% | (0.63) |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| LNG Cheniere Energy, Inc. compare | 12.0% |
| TRGP Targa Resources, Inc. compare | 10.8% |
| MPLX MPLX LP compare | 8.76% |
| EPD Enterprise Products Partners L.P. compare | 7.93% |
| OKE ONEOK, Inc. compare | 6.30% |
| ET Energy Transfer LP | 6.07% |
| WMB Williams Companies, Inc. (The) compare | 5.46% |
| TRP TC Energy Corporation compare | 5.39% |
| KMI Kinder Morgan, Inc. compare | 5.11% |
| Oil & Gas Midstream industry median | 6.10% |
| Energy sector median | 5.43% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
More on ET
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Beneish M-score
- The full statement