Baytex Energy (BTE) Return on Capital Employed (2009 - 2026)
Baytex Energy (BTE) posted Return on Capital Employed of 9.61% for Q1 2026, down 22.91% sequentially from 7.82% in Q4 2025, and down 967.0% YoY from 1.11% in Q1 2025.
Baytex Energy (BTE) Return on Capital Employed (2009 - 2026) Analysis & Trends
Baytex Energy has reported Return on Capital Employed for 18 years, with the latest figure at 9.61% in Q1 2026.
- Quarterly Return on Capital Employed fell 967.0% year-over-year to 9.61% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 9.61% (down 967.0% YoY) and the FY2025 annual result came in at 2.94%, down 1402.0% from the prior year.
- Return on Capital Employed slipped to 9.61% in Q1 2026 per BTE's latest filing, from 7.82% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 25.75% in Q4 2023 and troughed at 9.61% in Q1 2026.
- A 5-year average of 5.23% and a median of 4.81% in 2025 frame the typical range for Return on Capital Employed.
- The sharpest annual moves came in 2022 and 2024: Return on Capital Employed soared 1801 bps in 2022, then plunged 2569 bps in 2024.
- Over 5 years, Return on Capital Employed stood at 11.69% in 2022, then jumped by 120 bps to 25.75% in 2023, then sank by 100 bps to 0.06% in 2024, then slumped by 13911 bps to 7.82% in 2025, then slipped by 23 bps to 9.61% in 2026.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 9.61%, 7.82%, and 4.81% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.00 Bn | 156.31 Bn | 12.81 Bn | 28.17% |
| 2 | Canadian Natural Resources | 106.80 Bn | 104.90 Bn | 10.66 Bn | - |
| 3 | Eog Resources | 79.97 Bn | 75.07 Bn | - | 18.27% |
| 4 | Diamondback Energy | 59.21 Bn | 58.75 Bn | 5.55 Bn | 1.68% |
| 5 | Woodside Energy | 46.06 Bn | 40.12 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 45.93 Bn | 44.92 Bn | 6.02 Bn | 9.42% |
| 7 | Occidental Petroleum | 39.50 Bn | 35.35 Bn | 7.73 Bn | 5.58% |
| 8 | Eqt | 33.69 Bn | 33.58 Bn | 1.42 Bn | 10.19% |
| 9 | Texas Pacific Land | 26.17 Bn | 25.92 Bn | - | 39.30% |
| 10 | Baytex Energy | 3.52 Bn | 3.00 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -9.61% |
| Dec 31, 2025 | -7.82% |
| Sep 30, 2025 | 4.81% |
| Jun 30, 2025 | 0.05% |
| Mar 31, 2025 | 0.05% |
| Dec 31, 2024 | 0.06% |
| Sep 30, 2024 | 0.02% |
| Jun 30, 2024 | 6.78% |
| Mar 31, 2024 | 14.76% |
| Dec 31, 2023 | 25.75% |
| Sep 30, 2023 | 12.88% |
| Jun 30, 2023 | 0.04% |
| Mar 31, 2023 | -0.44% |
| Dec 31, 2022 | 11.69% |
| Sep 30, 2022 | 6.61% |
| Jun 30, 2022 | 4.98% |
| Mar 31, 2022 | 18.37% |
| Dec 31, 2021 | 18.74% |
| Sep 30, 2021 | 8.81% |
| Jun 30, 2021 | 9.13% |