Investing
CapEx
Energy Transfer CapEx decreased by 9.8% to $1.92B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 56.5%, from $1.22B to $1.92B. Over 4 years (FY 2021 to FY 2025), CapEx shows an upward trend with a 22.2% CAGR.
Analysis
StatementCash Flow Statement
SectionInvesting
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
An increase signals growth investment or infrastructure modernization; a decrease might suggest cost-cutting or a transition to an asset-light model.
Detailed definition
Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...
Peer comparison
Hardware-focused tech firms typically have higher CapEx relative to revenue than pure software companies due to manufacturing and supply chain needs.
Metric ID:
cf_capital_expendituresHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $731.00M | $617.00M | $776.00M | $752.00M | $706.00M | $1.04B | $888.00M | $853.00M | $876.00M | $701.00M | $704.00M | $795.00M | $811.00M | $1.09B | $1.47B | $1.22B | $1.66B | $1.30B | $2.12B | $1.92B |
| QoQ Change | — | -15.6% | +25.8% | -3.1% | -6.1% | +46.6% | -14.2% | -3.9% | +2.7% | -20.0% | +0.4% | +12.9% | +2.0% | +33.9% | +35.5% | -16.8% | +35.5% | -21.8% | +63.7% | -9.8% |
| YoY Change | — | — | — | — | -3.4% | +67.7% | +14.4% | +13.4% | +24.1% | -32.3% | -20.7% | -6.8% | -7.4% | +54.9% | +109.1% | +54.0% | +104.6% | +19.4% | +44.2% | +56.5% |
Range$617.00M – $2.12B
CAGR+22.5%
Avg YoY Growth+30.7%
Median YoY Growth+21.8%
CapEx at Other Companies
Frequently Asked Questions
- What is Energy Transfer's capex?
- Energy Transfer (ET) reported capex of $1.92B in Q1 2026.
- How has Energy Transfer's capex changed year-over-year?
- Energy Transfer's capex increased by 56.5% year-over-year, from $1.22B to $1.92B.
- What is the long-term trend for Energy Transfer's capex?
- Over 4 years (2021 to 2025), Energy Transfer's capex has grown at a 22.2% compound annual growth rate (CAGR), from $2.82B to $6.30B.
- What does capex mean?
- The money spent on long-term physical assets like machinery, data centers, and office buildings.