Baytex Energy (BTE) Return on Capital Employed [ROCE] (2009 - 2026)
Baytex Energy (BTE) reported Return on Capital Employed [ROCE] of -1.85% for the quarter ended Mar 31, 2026, down 0.45 percentage points from -1.40% a year earlier and down 0.51 percentage points from the prior quarter.
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Analysis
Baytex Energy (BTE) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Baytex Energy posted Return on Capital Employed [ROCE] of -1.07%, down 0.64 percentage points from the prior year.
- Return on Capital Employed [ROCE] has a five-year change of +51.23 percentage points (years ended Dec 2020 to Dec 2025).
- By year, Return on Capital Employed [ROCE] came in at -0.42% in the year ended Dec 31, 2024 (+11.49 pp), -11.92% in the year ended Dec 31, 2023 (-63.81 pp), 51.89% in the year ended Dec 31, 2022 (+34.76 pp) and 17.13% in the year ended Dec 31, 2021 (+69.43 pp).
- The figure for the quarter ended Mar 31, 2026 ranks as the lowest quarterly Return on Capital Employed [ROCE] since the quarter ended Jun 30, 2024.
- Year over year, Return on Capital Employed [ROCE] gained in four of the last eight quarters, with an average year-over-year change of -0.76 percentage points.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was the quarter ended Dec 31, 2021 (a gain of 46.71 percentage points); the low point was the quarter ended Mar 31, 2024 (a drop of 26.41 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Mar 31, 2026 came in at -1.34% (quarter ended Dec 31, 2025), -0.88% (quarter ended Sep 30, 2025) and -0.56% (quarter ended Jun 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 19.08% |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | -29.93% |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | - |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | 5.20% |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 28.17% |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | - |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | -190.97% |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | - |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | 19.88% |
| 10 | Baytex Energy | 3.47 Bn | 3.01 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -1.85% |
| Dec 31, 2025 | -1.34% |
| Sep 30, 2025 | -0.88% |
| Jun 30, 2025 | -0.56% |
| Mar 31, 2025 | -1.40% |
| Dec 31, 2024 | -0.97% |
| Sep 30, 2024 | -1.81% |
| Jun 30, 2024 | -2.00% |
| Mar 31, 2024 | -3.59% |
| Dec 31, 2023 | -3.11% |
| Sep 30, 2023 | 2.35% |
| Jun 30, 2023 | 5.77% |
| Mar 31, 2023 | 22.82% |
| Dec 31, 2022 | 7.28% |
| Sep 30, 2022 | 5.73% |
| Jun 30, 2022 | 4.86% |
| Mar 31, 2022 | 19.79% |
| Dec 31, 2021 | 20.70% |
| Sep 30, 2021 | 10.08% |
| Jun 30, 2021 | 10.22% |
API Access
Baytex Energy Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=BTE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "BTE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=BTE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();