Trio Petroleum (TPET) Return on Capital Employed [ROCE] (2023 - 2026)
Trio Petroleum (TPET) recorded Return on Capital Employed [ROCE] of -19.18% in fiscal Q3 2026 (quarter ended Jul 31, 2026), up 15.17 percentage points from -34.35% a year earlier and up 3.35 percentage points from the prior quarter.
Trio Petroleum (TPET) Return on Capital Employed [ROCE] (2023 - 2026) Analysis & Trends
For FY2025 (ended Oct 31, 2025), Trio Petroleum reported Return on Capital Employed [ROCE] of -49.77%, up 18.76 percentage points from FY2024.
- Across earlier fiscal years, Return on Capital Employed [ROCE] came in at -68.53% in FY2024 (-15.58 pp) and -52.95% in FY2023.
- The fiscal Q3 2026 figure is the highest quarterly Return on Capital Employed [ROCE] in data going back to fiscal Q3 2023.
- On a year-over-year basis, Return on Capital Employed [ROCE] has increased for seven consecutive quarters, with an average year-over-year change of +15.97 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 41.35 percentage points in fiscal Q3 2025, against a drop of 42.30 percentage points in fiscal Q3 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at -22.53% (Q2 2026), -40.89% (Q1 2026) and -46.80% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 674.90 Bn | 638.12 Bn | - | 12.28% |
| 2 | Shell | 547.48 Bn | 458.03 Bn | 30.13 Bn | 19.08% |
| 3 | Chevron | 408.53 Bn | 386.32 Bn | 33.45 Bn | -29.93% |
| 4 | TotalEnergies SE | 186.30 Bn | 69.43 Bn | - | - |
| 5 | Eni Spa | 172.32 Bn | 121.84 Bn | - | 5.20% |
| 6 | Conocophillips | 152.28 Bn | 124.99 Bn | 12.81 Bn | 28.17% |
| 7 | Equinor Asa | 106.44 Bn | 52.50 Bn | - | - |
| 8 | Phillips 66 | 105.58 Bn | 94.57 Bn | 8.38 Bn | -190.97% |
| 9 | Canadian Natural Resources | 100.85 Bn | 97.81 Bn | - | - |
| 10 | Trio Petroleum | 8.47 Mn | -39.49 Mn | 108,153.00 | -19.18% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -19.18% |
| Apr 30, 2026 | -22.53% |
| Jan 31, 2026 | -40.89% |
| Oct 31, 2025 | -46.80% |
| Jul 31, 2025 | -34.35% |
| Apr 30, 2025 | -43.70% |
| Jan 31, 2025 | -54.49% |
| Oct 31, 2024 | -68.31% |
| Jul 31, 2024 | -75.70% |
| Apr 30, 2024 | -71.49% |
| Jan 31, 2024 | -61.69% |
| Oct 31, 2023 | -48.29% |
| Jul 31, 2023 | -33.40% |
Trio Petroleum 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=TPET&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "TPET", "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=TPET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();