Eni Spa (E) Return on Capital Employed [ROCE] (2010 - 2026)
Eni Spa's Return on Capital Employed [ROCE] was 7.67% in Q3 2026, up 6.23 percentage points from 1.44% a year earlier and up 1.38 percentage points from the prior quarter.
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Analysis
Eni Spa (E) Return on Capital Employed [ROCE] (2010 - 2026) Analysis & Trends
For FY2025, Return on Capital Employed [ROCE] at Eni Spa came in at 4.85%, down 0.04 percentage points from FY2024.
- Return on Capital Employed [ROCE] has now declined for three consecutive years, though with a five-year change of +8.33 percentage points (FY2020 to FY2025).
- In earlier years, Return on Capital Employed [ROCE] was 4.89% in FY2024 (-4.75 pp), 9.64% in FY2023 (-13.51 pp), 23.14% in FY2022 (+8.02 pp) and 15.12% in FY2021 (+18.60 pp).
- The Q3 2026 figure marks the highest quarterly Return on Capital Employed [ROCE] since Q1 2024.
- Compared with a year earlier, Return on Capital Employed [ROCE] has increased for three straight quarters, with an average year-over-year change of -1.15 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Capital Employed [ROCE] over five years was Q1 2022 (a gain of 18.59 percentage points); the worst was Q3 2023 (a drop of 18.63 percentage points).
- Per Business Quant data, E's Return on Capital Employed [ROCE] in the three quarters before Q3 2026 was 6.29% (Q2 2026), 3.77% (Q1 2026) and 1.94% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 687.03 Bn | 645.18 Bn | - | 14.97% |
| 2 | Chevron | 418.57 Bn | 385.61 Bn | 31.26 Bn | 13.86% |
| 3 | Shell | 293.07 Bn | 153.33 Bn | - | 15.97% |
| 4 | TotalEnergies SE | 193.61 Bn | 64.69 Bn | 31,614.00 | 26.08% |
| 5 | Eni Spa | 168.21 Bn | 107.84 Bn | - | 7.67% |
| 6 | Conocophillips | 166.47 Bn | 139.18 Bn | 12.81 Bn | 28.17% |
| 7 | Equinor Asa | 109.17 Bn | 22.02 Bn | 4.49 Bn | - |
| 8 | Canadian Natural Resources | 102.31 Bn | 96.21 Bn | 9.35 Bn | - |
| 9 | Phillips 66 | 97.66 Bn | 81.45 Bn | 10.69 Bn | 26.83% |
| 10 | Suncor Energy | 84.73 Bn | 65.42 Bn | - | 7.13% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.67% |
| Jun 30, 2026 | 6.29% |
| Mar 31, 2026 | 3.77% |
| Dec 31, 2025 | 1.94% |
| Sep 30, 2025 | 1.44% |
| Jun 30, 2025 | 1.90% |
| Mar 31, 2025 | 2.96% |
| Dec 31, 2024 | 4.96% |
| Sep 30, 2024 | 5.85% |
| Jun 30, 2024 | 7.45% |
| Mar 31, 2024 | 7.71% |
| Dec 31, 2023 | 7.88% |
| Sep 30, 2023 | 6.46% |
| Jun 30, 2023 | 9.26% |
| Mar 31, 2023 | 16.95% |
| Dec 31, 2022 | 20.85% |
| Sep 30, 2022 | 25.09% |
| Jun 30, 2022 | 19.79% |
| Mar 31, 2022 | 18.48% |
| Dec 31, 2021 | 13.46% |
API Access
Eni Spa 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=E&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "E", "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=E&period=max&api_key=YOUR_API_KEY");
const data = await res.json();