Energy Transfer LP (ET) Return on equity 2016–2025
Energy Transfer LP (ET) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
9.0%FY2025 · since FY2016: 4.4% → 9.0%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 9.0% | -1.4 pp |
| FY2024 | 10.5% | +1.5 pp |
| FY2023 | 9.0% | -2.7 pp |
| FY2022 | 11.7% | -2.2 pp |
| FY2021 | 13.9% | +16.0 pp |
| FY2020 | -2.1% | -12.4 pp |
| FY2019 | 10.4% | +4.7 pp |
| FY2018 | 5.6% | +2.5 pp |
| FY2017 | 3.2% | -1.3 pp |
| FY2016 | 4.4% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice