Ring Energy (REI) Return on Invested Capital [ROIC] (2018 - 2026)
Ring Energy (REI) posted Return on Invested Capital [ROIC] of -14.12% for Q2 2026, down 19.77 percentage points from 5.65% a year earlier but up 1.72 percentage points from the prior quarter.
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Analysis
Ring Energy (REI) Return on Invested Capital [ROIC] (2018 - 2026) Analysis & Trends
For FY2025, Ring Energy's Return on Invested Capital [ROIC] came in at -2.25%, down 10.54 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has declined for three consecutive years, though with a five-year change of +32.79 percentage points (FY2020 to FY2025).
- In prior years, Ring Energy's Return on Invested Capital [ROIC] was 8.29% in FY2024 (-4.44 pp), 12.72% in FY2023 (-8.95 pp), 21.68% in FY2022 (+6.13 pp) and 15.55% in FY2021 (+50.60 pp).
- Quarterly Return on Invested Capital [ROIC] has run from a low of -15.84% in Q1 2026 to a high of 23.99% in Q2 2022 over five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined in each of the last 14 quarters, with an average year-over-year change of -9.98 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was Q1 2022, with a gain of 61.52 percentage points; the weakest was Q1 2026, with a drop of 22.79 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was -15.84% (Q1 2026), -2.23% (Q4 2025) and 0.99% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 674.90 Bn | 638.12 Bn | - | 11.12% |
| 2 | Shell | 547.48 Bn | 458.03 Bn | 30.13 Bn | 17.88% |
| 3 | Chevron | 408.53 Bn | 386.32 Bn | 33.45 Bn | -30.32% |
| 4 | TotalEnergies SE | 186.30 Bn | 69.43 Bn | - | - |
| 5 | Eni Spa | 172.32 Bn | 121.84 Bn | - | 6.94% |
| 6 | Conocophillips | 152.28 Bn | 124.99 Bn | 12.81 Bn | 22.50% |
| 7 | Equinor Asa | 106.44 Bn | 52.50 Bn | - | - |
| 8 | Phillips 66 | 105.58 Bn | 94.57 Bn | 8.38 Bn | -181.46% |
| 9 | Canadian Natural Resources | 100.85 Bn | 97.81 Bn | - | 44.95% |
| 10 | Ring Energy | 343.89 Mn | 340.52 Mn | - | -14.12% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -14.12% |
| Mar 31, 2026 | -15.84% |
| Dec 31, 2025 | -2.23% |
| Sep 30, 2025 | 0.99% |
| Jun 30, 2025 | 5.65% |
| Mar 31, 2025 | 6.95% |
| Dec 31, 2024 | 8.18% |
| Sep 30, 2024 | 9.85% |
| Jun 30, 2024 | 11.08% |
| Mar 31, 2024 | 12.17% |
| Dec 31, 2023 | 12.26% |
| Sep 30, 2023 | 13.11% |
| Jun 30, 2023 | 14.35% |
| Mar 31, 2023 | 16.20% |
| Dec 31, 2022 | 17.91% |
| Sep 30, 2022 | 21.78% |
| Jun 30, 2022 | 23.99% |
| Mar 31, 2022 | 19.82% |
| Dec 31, 2021 | 16.04% |
| Sep 30, 2021 | -11.39% |
API Access
Ring Energy 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=REI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "REI", "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=REI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();