Sable Offshore (SOC) Return on Capital Employed [ROCE] (2021 - 2026)
Sable Offshore's Return on Capital Employed [ROCE] came in at -23.54% for Q3 2026, up 32.33 percentage points from -55.87% a year earlier and up 7.65 percentage points from the prior quarter.
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Analysis
Sable Offshore (SOC) Return on Capital Employed [ROCE] (2021 - 2026) Analysis & Trends
For FY2025, Sable Offshore's Return on Capital Employed [ROCE] was -63.94%, down 32.11 percentage points from FY2024.
- Return on Capital Employed [ROCE] has declined in each of the last four years, with a four-year change of -62.76 percentage points (FY2021 to FY2025).
- Going back by year, Return on Capital Employed [ROCE] was -31.83% in FY2024 (-12.28 pp), -19.55% in FY2023 (-17.37 pp), -2.17% in FY2022 (-1.00 pp) and -1.18% in FY2021.
- The Q3 2026 figure represents the highest quarterly Return on Capital Employed [ROCE] since Q2 2024.
- Year-over-year, Return on Capital Employed [ROCE] increased in two of the last six quarters, with an average year-over-year change of -9.63 percentage points.
- The fastest year-over-year change in Return on Capital Employed [ROCE] over five years came in Q3 2024 (a gain of 55.62 percentage points), and the weakest in Q3 2023 (a drop of 78.34 percentage points).
- Business Quant data shows SOC's Return on Capital Employed [ROCE] at -31.19% (Q2 2026), -71.06% (Q1 2026) and -60.77% (Q4 2025) in the three quarters before Q3 2026.
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 | Sable Offshore | 149.75 Mn | -59.78 Mn | - | -23.54% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -23.54% |
| Jun 30, 2026 | -31.19% |
| Mar 31, 2026 | -71.06% |
| Dec 31, 2025 | -60.77% |
| Sep 30, 2025 | -55.87% |
| Jun 30, 2025 | -50.53% |
| Mar 31, 2025 | -23.55% |
| Sep 30, 2024 | -23.72% |
| Jun 30, 2024 | -22.06% |
| Mar 31, 2024 | -22.25% |
| Sep 30, 2023 | -79.34% |
| Jun 30, 2023 | -37.55% |
| Mar 31, 2023 | -3.85% |
| Dec 31, 2022 | -2.17% |
| Sep 30, 2022 | -1.00% |
| Jun 30, 2022 | -0.66% |
| Mar 31, 2022 | -0.70% |
| Dec 31, 2021 | -0.59% |
| Sep 30, 2021 | -0.29% |
API Access
Sable Offshore 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=SOC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "SOC", "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=SOC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();