ExxonMobil Holdings (XOM) Return on Capital Employed [ROCE] (2009 - 2026)
ExxonMobil Holdings (XOM) reported Return on Capital Employed [ROCE] of 14.97% for Q3 2026, up 3.24 percentage points from 11.74% a year earlier and up 2.69 percentage points from the prior quarter.
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Analysis
ExxonMobil Holdings (XOM) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, ExxonMobil Holdings posted Return on Capital Employed [ROCE] of 11.05%, down 3.42 percentage points from FY2024.
- Return on Capital Employed [ROCE] has declined for three consecutive years, though with a five-year change of +20.57 percentage points (FY2020 to FY2025).
- By year, Return on Capital Employed [ROCE] came in at 14.47% in FY2024 (-2.98 pp), 17.45% in FY2023 (-10.12 pp), 27.57% in FY2022 (+16.04 pp) and 11.53% in FY2021 (+21.04 pp).
- The Q3 2026 figure ranks as the highest quarterly Return on Capital Employed [ROCE] since Q1 2024.
- Year over year, Return on Capital Employed [ROCE] gained in two of the last eight quarters, with an average year-over-year change of -1.57 percentage points.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was Q3 2022 (a gain of 26.43 percentage points); the low point was Q1 2024 (a drop of 12.54 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 12.28% (Q2 2026), 10.30% (Q1 2026) and 11.04% (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 | Suncor Energy | 83.45 Bn | 69.02 Bn | - | 7.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 14.97% |
| Jun 30, 2026 | 12.28% |
| Mar 31, 2026 | 10.30% |
| Dec 31, 2025 | 11.04% |
| Sep 30, 2025 | 11.74% |
| Jun 30, 2025 | 12.05% |
| Mar 31, 2025 | 12.96% |
| Dec 31, 2024 | 12.87% |
| Sep 30, 2024 | 12.94% |
| Jun 30, 2024 | 14.72% |
| Mar 31, 2024 | 16.14% |
| Dec 31, 2023 | 17.36% |
| Sep 30, 2023 | 20.83% |
| Jun 30, 2023 | 24.15% |
| Mar 31, 2023 | 28.68% |
| Dec 31, 2022 | 26.13% |
| Sep 30, 2022 | 24.23% |
| Jun 30, 2022 | 19.79% |
| Mar 31, 2022 | 13.49% |
| Dec 31, 2021 | 11.45% |
API Access
ExxonMobil Holdings 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=XOM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "XOM", "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=XOM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();