TXO Partners (TXO) Return on Capital Employed [ROCE] (2023 - 2026)
TXO Partners' Return on Capital Employed [ROCE] was -8.00% in Q3 2026, down 8.19 percentage points from 0.19% a year earlier and down 4.13 percentage points from the prior quarter.
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Analysis
TXO Partners (TXO) Return on Capital Employed [ROCE] (2023 - 2026) Analysis & Trends
For FY2025, Return on Capital Employed [ROCE] at TXO Partners came in at -2.94%, down 2.08 percentage points from FY2024.
- In earlier years, Return on Capital Employed [ROCE] was -0.86% in FY2024 (+15.19 pp) and -16.05% in FY2023.
- Quarterly Return on Capital Employed [ROCE] has moved between -30.65% (Q1 2024) and 14.42% (Q1 2023) over five years.
- Compared with a year earlier, Return on Capital Employed [ROCE] has declined for four straight quarters, with an average year-over-year change of +9.65 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Capital Employed [ROCE] over five years was Q1 2025 (a gain of 29.27 percentage points); the worst was Q1 2024 (a drop of 45.07 percentage points).
- Per Business Quant data, TXO's Return on Capital Employed [ROCE] in the three quarters before Q3 2026 was -3.87% (Q2 2026), -9.27% (Q1 2026) and -2.52% (Q4 2025).
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 | TXO Partners | 740.21 Mn | 606.84 Mn | 69.33 Mn | -8.00% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -8.00% |
| Jun 30, 2026 | -3.87% |
| Mar 31, 2026 | -9.27% |
| Dec 31, 2025 | -2.52% |
| Sep 30, 2025 | 0.19% |
| Jun 30, 2025 | -0.70% |
| Mar 31, 2025 | -1.38% |
| Dec 31, 2024 | -0.72% |
| Sep 30, 2024 | -25.00% |
| Jun 30, 2024 | -28.93% |
| Mar 31, 2024 | -30.65% |
| Dec 31, 2023 | -16.30% |
| Sep 30, 2023 | 5.63% |
| Jun 30, 2023 | 11.00% |
| Mar 31, 2023 | 14.42% |
API Access
TXO Partners 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=TXO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "TXO", "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=TXO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();