TotalEnergies SE (TTE) Return on Capital Employed [ROCE] (2009 - 2026)
TotalEnergies SE's Return on Capital Employed [ROCE] came in at 26.08% for Q3 2026, up 1.68 percentage points from 24.41% a year earlier and up 0.66 percentage points from the prior quarter.
TotalEnergies SE (TTE) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, TotalEnergies SE's Return on Capital Employed [ROCE] was 31.81%, down 1.32 percentage points from FY2024.
- Return on Capital Employed [ROCE] carries a five-year change of +37.39 percentage points (FY2020 to FY2025).
- Going back by year, Return on Capital Employed [ROCE] was 33.13% in FY2024 (-0.64 pp), 33.77% in FY2023 (+42.19 pp), -8.41% in FY2022 (-2.68 pp) and -5.73% in FY2021 (-0.16 pp).
- The five-year range for quarterly Return on Capital Employed [ROCE] is 23.90% (Q2 2025) to 93.55% (Q4 2024).
- Year-over-year, Return on Capital Employed [ROCE] has increased for three consecutive quarters, with an average year-over-year change of -9.47 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Capital Employed [ROCE] over five years came in Q4 2024 (a gain of 60.60 percentage points), and the weakest in Q4 2025 (a drop of 68.50 percentage points).
- Business Quant data shows TTE's Return on Capital Employed [ROCE] at 25.42% (Q2 2026), 26.11% (Q1 2026) and 25.05% (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 686.62 Bn | 644.76 Bn | - | 14.97% |
| 2 | Chevron | 416.14 Bn | 383.18 Bn | 31.26 Bn | 13.86% |
| 3 | Shell | 291.71 Bn | 151.98 Bn | - | 15.97% |
| 4 | TotalEnergies SE | 192.78 Bn | 63.86 Bn | 31,614.00 | 26.08% |
| 5 | Eni Spa | 167.56 Bn | 107.19 Bn | - | 7.67% |
| 6 | Conocophillips | 165.53 Bn | 138.24 Bn | 12.81 Bn | 28.17% |
| 7 | Equinor Asa | 108.87 Bn | 21.72 Bn | 4.49 Bn | - |
| 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 | 26.83% |
| 10 | Suncor Energy | 83.77 Bn | 64.46 Bn | - | 7.13% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 26.08% |
| Jun 30, 2026 | 25.42% |
| Mar 31, 2026 | 26.11% |
| Dec 31, 2025 | 25.05% |
| Sep 30, 2025 | 24.41% |
| Jun 30, 2025 | 23.90% |
| Mar 31, 2025 | 24.89% |
| Dec 31, 2024 | 93.55% |
| Sep 30, 2024 | 92.57% |
| Jun 30, 2024 | 25.98% |
| Mar 31, 2024 | 26.94% |
| Dec 31, 2023 | 32.94% |
| Sep 30, 2023 | 86.67% |
| Jun 30, 2023 | 27.11% |
| Mar 31, 2023 | 53.77% |
| Dec 31, 2022 | 71.72% |
| Sep 30, 2022 | 76.47% |
| Jun 30, 2022 | 70.56% |
| Mar 31, 2022 | 62.10% |
| Dec 31, 2021 | 33.30% |
TotalEnergies SE 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=TTE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "TTE", "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=TTE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();