W&T Offshore (WTI) Return on Invested Capital [ROIC] (2009 - 2026)
W&T Offshore's Return on Invested Capital [ROIC] came in at 18.90% for Q3 2026, up 42.74 percentage points from -23.84% a year earlier and up 14.99 percentage points from the prior quarter.
W&T Offshore (WTI) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, W&T Offshore's Return on Invested Capital [ROIC] was -21.48%, down 11.55 percentage points from FY2024.
- Return on Invested Capital [ROIC] has declined in each of the last three years, with a five-year change of -21.66 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was -9.93% in FY2024 (-12.34 pp), 2.41% in FY2023 (-59.80 pp), 62.21% in FY2022 (+26.95 pp) and 35.26% in FY2021 (+35.08 pp).
- The Q3 2026 figure represents the highest quarterly Return on Invested Capital [ROIC] since Q2 2023.
- Year-over-year, Return on Invested Capital [ROIC] increased in two of the last eight quarters, with an average year-over-year change of -4.49 percentage points.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q2 2022 (a gain of 48.34 percentage points), and the weakest in Q4 2023 (a drop of 51.51 percentage points).
- Business Quant data shows WTI's Return on Invested Capital [ROIC] at 3.90% (Q2 2026), -21.34% (Q1 2026) and -32.10% (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 13.86% |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | - |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 12.13% |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | - |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 9.03% |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 25.32% |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 57.33% |
| 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 | 25.31% |
| 10 | W&T Offshore | 520.45 Mn | -93.03 Mn | 55.31 Mn | 18.90% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 18.90% |
| Jun 30, 2026 | 3.90% |
| Mar 31, 2026 | -21.34% |
| Dec 31, 2025 | -32.10% |
| Sep 30, 2025 | -23.84% |
| Jun 30, 2025 | -19.80% |
| Mar 31, 2025 | -14.46% |
| Dec 31, 2024 | -10.79% |
| Sep 30, 2024 | -5.63% |
| Jun 30, 2024 | 3.17% |
| Mar 31, 2024 | 4.59% |
| Dec 31, 2023 | 3.19% |
| Sep 30, 2023 | 14.07% |
| Jun 30, 2023 | 36.85% |
| Mar 31, 2023 | 51.82% |
| Dec 31, 2022 | 54.70% |
| Sep 30, 2022 | 60.93% |
| Jun 30, 2022 | 56.26% |
| Mar 31, 2022 | 43.31% |
| Dec 31, 2021 | 34.18% |
W&T Offshore 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=WTI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=WTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();