TotalEnergies SE (TTE) Return on Invested Capital [ROIC] (2009 - 2026)
TotalEnergies SE (TTE) posted Return on Invested Capital [ROIC] of 21.61% for Q3 2026, down 1.10 percentage points from 22.71% a year earlier and down 0.99 percentage points from the prior quarter.
TotalEnergies SE (TTE) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, TotalEnergies SE's Return on Invested Capital [ROIC] came in at 20.31%, down 1.94 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] shows a five-year change of +26.24 percentage points (FY2020 to FY2025).
- In prior years, TotalEnergies SE's Return on Invested Capital [ROIC] was 22.25% in FY2024 (-1.77 pp), 24.02% in FY2023 (+28.16 pp), -4.15% in FY2022 (-0.14 pp) and -4.00% in FY2021 (+1.93 pp).
- The Q3 2026 figure stands as the lowest quarterly Return on Invested Capital [ROIC] since Q4 2023.
- On a year-over-year basis, Return on Invested Capital [ROIC] increased in three of the last eight quarters, with an average year-over-year change of +0.94 percentage points.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was Q1 2022, with a gain of 52.04 percentage points; the weakest was Q4 2023, with a drop of 74.24 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was 22.60% (Q2 2026), 22.28% (Q1 2026) and 22.53% (Q4 2025).
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
| Date | Value |
|---|---|
| Sep 30, 2026 | 21.61% |
| Jun 30, 2026 | 22.60% |
| Mar 31, 2026 | 22.28% |
| Dec 31, 2025 | 22.53% |
| Sep 30, 2025 | 22.71% |
| Jun 30, 2025 | 21.84% |
| Mar 31, 2025 | 22.28% |
| Dec 31, 2024 | 24.27% |
| Sep 30, 2024 | 24.18% |
| Jun 30, 2024 | 23.94% |
| Mar 31, 2024 | 24.74% |
| Dec 31, 2023 | 8.62% |
| Sep 30, 2023 | 20.53% |
| Jun 30, 2023 | 30.11% |
| Mar 31, 2023 | 57.79% |
| Dec 31, 2022 | 82.87% |
| Sep 30, 2022 | 81.06% |
| Jun 30, 2022 | 73.31% |
| Mar 31, 2022 | 60.52% |
| Dec 31, 2021 | 36.89% |
TotalEnergies SE 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=TTE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=TTE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();