W&T Offshore (WTI) Return on Capital Employed [ROCE] (2009 - 2026)
W&T Offshore (WTI) recorded Return on Capital Employed [ROCE] of 4.08% in Q3 2026, up 10.55 percentage points from -6.47% a year earlier and up 3.32 percentage points from the prior quarter.
W&T Offshore (WTI) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, W&T Offshore reported Return on Capital Employed [ROCE] of -6.66%, down 1.75 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has declined for three straight years, with a five-year change of -6.75 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Capital Employed [ROCE] came in at -4.90% in FY2024 (-7.70 pp), 2.79% in FY2023 (-84.50 pp), 87.30% in FY2022 (+61.75 pp) and 25.54% in FY2021 (+25.45 pp).
- The Q3 2026 figure is the highest quarterly Return on Capital Employed [ROCE] since Q3 2023.
- On a year-over-year basis, Return on Capital Employed [ROCE] has increased for three consecutive quarters, with an average year-over-year change of -1.36 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 46.69 percentage points in Q4 2022, against a drop of 64.64 percentage points in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.76% (Q2 2026), -4.23% (Q1 2026) and -7.29% (Q4 2025).
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 | W&T Offshore | 520.45 Mn | -93.03 Mn | 55.31 Mn | 4.08% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.08% |
| Jun 30, 2026 | 0.76% |
| Mar 31, 2026 | -4.23% |
| Dec 31, 2025 | -7.29% |
| Sep 30, 2025 | -6.47% |
| Jun 30, 2025 | -6.93% |
| Mar 31, 2025 | -5.77% |
| Dec 31, 2024 | -4.87% |
| Sep 30, 2024 | -2.58% |
| Jun 30, 2024 | 1.42% |
| Mar 31, 2024 | 2.06% |
| Dec 31, 2023 | 3.27% |
| Sep 30, 2023 | 9.32% |
| Jun 30, 2023 | 22.80% |
| Mar 31, 2023 | 33.69% |
| Dec 31, 2022 | 67.90% |
| Sep 30, 2022 | 43.01% |
| Jun 30, 2022 | 37.22% |
| Mar 31, 2022 | 29.30% |
| Dec 31, 2021 | 21.22% |
W&T Offshore 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=WTI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "WTI", "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=WTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();