TXO Partners (TXO) Return on Capital Employed [ROCE] (2023 - 2026)
TXO Partners' Return on Capital Employed [ROCE] was -3.87% in Q2 2026, down 3.17 percentage points from -0.70% a year earlier but up 5.40 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 three straight quarters, with an average year-over-year change of +6.85 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 Q2 2026 was -9.27% (Q1 2026), -2.52% (Q4 2025) and 0.19% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 673.87 Bn | 637.09 Bn | - | 12.28% |
| 2 | Shell | 543.95 Bn | 454.50 Bn | 30.13 Bn | 19.08% |
| 3 | Chevron | 409.32 Bn | 387.11 Bn | 33.45 Bn | -29.93% |
| 4 | TotalEnergies SE | 186.50 Bn | 69.63 Bn | - | - |
| 5 | Eni Spa | 171.15 Bn | 120.67 Bn | - | 5.20% |
| 6 | Conocophillips | 152.65 Bn | 125.36 Bn | 12.81 Bn | 28.17% |
| 7 | Equinor Asa | 105.44 Bn | 51.50 Bn | - | - |
| 8 | Phillips 66 | 105.42 Bn | 94.41 Bn | 8.38 Bn | -190.97% |
| 9 | Canadian Natural Resources | 99.52 Bn | 96.47 Bn | - | - |
| 10 | TXO Partners | 765.16 Mn | 635.11 Mn | - | -3.87% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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();