Baytex Energy (BTE) Return on Capital Employed [ROCE] (2009 - 2026)
Baytex Energy (BTE) reported Return on Capital Employed [ROCE] of 0.65% for the quarter ended Mar 31, 2026, down 0.23 percentage points from 0.89% a year earlier and down 0.56 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 3.28%, up 0.03 percentage points from the prior year.
- Return on Capital Employed [ROCE] has a three-year change of -48.87 percentage points (years ended Dec 2022 to Dec 2025).
- By year, Return on Capital Employed [ROCE] came in at 3.25% in the year ended Dec 31, 2024 (+8.87 pp), -5.62% in the year ended Dec 31, 2023 (-57.77 pp) and 52.16% in the year ended Dec 31, 2022.
- Five-year quarterly Return on Capital Employed [ROCE] spans a low of -2.43% in the quarter ended Mar 31, 2024 and a high of 31.71% in the quarter ended Mar 31, 2023.
- Year over year, Return on Capital Employed [ROCE] gained in five of the last eight quarters, with an average year-over-year change of -0.99 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 43.30 percentage points); the low point was the quarter ended Mar 31, 2024 (a drop of 34.14 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Mar 31, 2026 came in at 1.21% (quarter ended Dec 31, 2025), -0.64% (quarter ended Sep 30, 2025) and 0.25% (quarter ended Jun 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 14.97% |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | 15.97% |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 13.86% |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | - |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 7.67% |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 30.91% |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | - |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | - |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 26.83% |
| 10 | Baytex Energy | 3.34 Bn | 1.13 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 0.65% |
| Dec 31, 2025 | 1.21% |
| Sep 30, 2025 | -0.64% |
| Jun 30, 2025 | 0.25% |
| Mar 31, 2025 | 0.89% |
| Dec 31, 2024 | 1.17% |
| Sep 30, 2024 | -0.86% |
| Jun 30, 2024 | -0.96% |
| Mar 31, 2024 | -2.43% |
| Dec 31, 2023 | -0.57% |
| Sep 30, 2023 | 4.22% |
| Jun 30, 2023 | 8.20% |
| Mar 31, 2023 | 31.71% |
| Dec 31, 2022 | 7.63% |
| Sep 30, 2022 | 5.77% |
| Jun 30, 2022 | 4.86% |
| Mar 31, 2022 | 16.69% |
| Dec 31, 2021 | 17.88% |
| Sep 30, 2021 | 10.32% |
| Jun 30, 2021 | 10.94% |
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();