TotalEnergies SEHAM:TOTB -0.07%64 ROA % is 7.72% as of Mar. 2026, which is 72% above its 10-year median of 4.49. GuruFocus rates HAM:TOTB with a GF Score™ of 64/100 and a GF Value™ of €57.95 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,025 Oil & Gas companies, TotalEnergies SE ranks better than 69.85% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. TotalEnergies SE's annualizedNet Income for the quarter that ended in Mar. 2026 was €20,103 Mil.
TotalEnergies SE's average Total Assets over the quarter that ended in Mar. 2026 was €260,329 Mil. Therefore, TotalEnergies SE's annualized ROA % for the quarter that ended in Mar. 2026 was 7.72%.
The historical rank and industry rank for TotalEnergies SE's ROA % or its related term are showing as below:
HAM:TOTB'
s ROA % Range Over the Past 10 Years
Min: -2.56 Med: 4.49 Max: 7.17
Current: 5.02
During the past 13 years, TotalEnergies SE's highest ROA % was 7.17%. The lowest was -2.56%. And the median was 4.49%.
HAM:TOTB's ROA % is ranked better than 69.85% of 1025
companies
in the Oil & Gas industry
Industry Median: 1.89
vs HAM:TOTB: 5.02
TotalEnergies SE (HAM:TOTB) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
TotalEnergies SE ROA % Related Terms
TotalEnergies SE ROA % Historical Data
* Premium members only.
The historical data trend for TotalEnergies SE's ROA % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas Integrated subindustry, TotalEnergies SE's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
TotalEnergies SE ROA % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, TotalEnergies SE's ROA % distribution charts can be found below:
* The bar in red indicates where TotalEnergies SE's ROA % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
TotalEnergies SE (HAM:TOTB) has a ROA % of 7.72% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on TotalEnergies SE and its competitors. This is 72% above median its historical median of 4.49. According to the industry distribution chart, TotalEnergies SE ranks #309 out of 1025 companies in the Oil & Gas industry, placing it in the top 30.1%.
Is TotalEnergies SE's ROA % too high?
TotalEnergies SE's current ROA % of 7.72% is 72% above median its 10-year median of 4.49. The Oil & Gas industry median ROA % is 1.89. TotalEnergies SE's value of 7.72% is 308.5% above this industry median. Based on the distribution chart, TotalEnergies SE ranks #309 out of 1025 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, TotalEnergies SE has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TotalEnergies SE's ROA % compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, TotalEnergies SE ranks #309 out of 1025 companies for ROA %. This puts TotalEnergies SE in the upper half of its industry. The industry median ROA % is 1.89. TotalEnergies SE's value of 7.72% is 308.5% above this benchmark. While the company's 10-year median is 4.49 vs. the industry median of 1.89, TotalEnergies SE has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for an Oil & Gas company?
The median ROA % among Oil & Gas companies is 1.89, based on 1,025 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TotalEnergies SE's current ROA % of 7.72% is 308.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on TotalEnergies SE and its competitors. For the Oil & Gas industry, the median ROA % is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TotalEnergies SE's current ROA % is 7.72%, which is 72% above median its own 10-year median of 4.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TotalEnergies SE stock overvalued right now?
Based on GuruFocus' analysis, TotalEnergies SE (HAM:TOTB) is currently considered Modestly Overvalued. The stock's GF Value™ is €57.95, compared to a current price of €70.75 — trading 22.1% above its estimated fair value. The current ROA % is 7.72%, which is 72% above median its 10-year median of 4.49 and 308.5% above the Oil & Gas industry median of 1.89. TotalEnergies SE's overall GF Score™ is 64/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For TotalEnergies SE (HAM:TOTB), the current ROA % is 7.72% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is TotalEnergies SE (HAM:TOTB) Overvalued in 2026?
Based on GuruFocus' analysis, TotalEnergies SE stock appears to be overvalued.
The current stock price of €70.75 is trading 22.1% above its estimated GF Value™ of €57.95.
GuruFocus considers TotalEnergies SE to be Modestly Overvalued.
Key valuation signals for HAM:TOTB:
ROA %: 7.72% (72% above median its 10-year median of 4.49)
GF Value™: €57.95 vs. price of €70.75 (22.1% above fair value)
Industry Position: 308.5% above the Oil & Gas median (#309 of 1025)
No single metric tells the full story. See the HAM:TOTB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TotalEnergies is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2025, it produced 1.5 million barrels of liquids and 5.4 billion cubic feet of natural gas per day. At the end of 2025, reserves stood at 11.2 billion barrels of oil equivalent, 55% of which are liquids. During 2025, it had LNG sales of 43.9 million metric tons. The company owns interests in refineries with a capacity of nearly 1.8 million barrels a day, primarily in Europe, distributes refined products in 65 countries, and manufactures commodity and specialty chemicals. At year-end, its gross installed renewable power generation capacity was 34 gigawatts.
64GF Score
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