Eni Spa (E) Return on Invested Capital [ROIC] (2010 - 2026)
Eni Spa (E) reported Return on Invested Capital [ROIC] of 9.03% for Q3 2026, up 7.25 percentage points from 1.78% a year earlier and up 0.88 percentage points from the prior quarter.
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Analysis
Eni Spa (E) Return on Invested Capital [ROIC] (2010 - 2026) Analysis & Trends
For FY2025, Eni Spa posted Return on Invested Capital [ROIC] of 2.92%, up 0.25 percentage points from FY2024.
- Return on Invested Capital [ROIC] has a five-year change of +7.59 percentage points (FY2020 to FY2025).
- By year, Return on Invested Capital [ROIC] came in at 2.67% in FY2024 (-2.08 pp), 4.75% in FY2023 (-9.04 pp), 13.79% in FY2022 (+3.86 pp) and 9.93% in FY2021 (+14.60 pp).
- The Q3 2026 figure ranks as the highest quarterly Return on Invested Capital [ROIC] since Q2 2024.
- Year over year, Return on Invested Capital [ROIC] has now increased in each of the last three quarters, with an average year-over-year change of -1.58 percentage points over the last eight quarters.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was Q1 2022 (a gain of 21.65 percentage points); the low point was Q3 2023 (a drop of 22.21 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 8.15% (Q2 2026), 4.71% (Q1 2026) and 2.42% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 686.62 Bn | 644.76 Bn | - | 13.86% |
| 2 | Chevron | 416.14 Bn | 383.18 Bn | 31.26 Bn | 12.13% |
| 3 | Shell | 291.71 Bn | 151.98 Bn | - | - |
| 4 | TotalEnergies SE | 192.78 Bn | 63.86 Bn | 31,614.00 | 21.61% |
| 5 | Eni Spa | 167.56 Bn | 107.19 Bn | - | 9.03% |
| 6 | Conocophillips | 165.53 Bn | 138.24 Bn | 12.81 Bn | 22.50% |
| 7 | Equinor Asa | 108.87 Bn | 21.72 Bn | 4.49 Bn | 57.33% |
| 8 | Canadian Natural Resources | 101.39 Bn | 95.29 Bn | 9.35 Bn | - |
| 9 | Phillips 66 | 97.45 Bn | 81.24 Bn | 10.69 Bn | 25.31% |
| 10 | Suncor Energy | 83.77 Bn | 64.46 Bn | - | 9.84% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 9.03% |
| Jun 30, 2026 | 8.15% |
| Mar 31, 2026 | 4.71% |
| Dec 31, 2025 | 2.42% |
| Sep 30, 2025 | 1.78% |
| Jun 30, 2025 | 2.35% |
| Mar 31, 2025 | 3.70% |
| Dec 31, 2024 | 6.23% |
| Sep 30, 2024 | 7.52% |
| Jun 30, 2024 | 9.59% |
| Mar 31, 2024 | 9.93% |
| Dec 31, 2023 | 9.91% |
| Sep 30, 2023 | 8.40% |
| Jun 30, 2023 | 11.99% |
| Mar 31, 2023 | 17.29% |
| Dec 31, 2022 | 21.73% |
| Sep 30, 2022 | 30.60% |
| Jun 30, 2022 | 26.15% |
| Mar 31, 2022 | 21.65% |
| Dec 31, 2021 | 18.19% |
API Access
Eni Spa Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=E&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=E&period=max&api_key=YOUR_API_KEY");
const data = await res.json();