ADTRAN Holdings (ADTN) Return on Capital Employed [ROCE] (2010 - 2025)
ADTRAN Holdings' Return on Capital Employed [ROCE] came in at -5.90% for Q3 2025, up 42.41 percentage points from -48.31% a year earlier and up 2.75 percentage points from the prior quarter.
ADTRAN Holdings (ADTN) Return on Capital Employed [ROCE] (2010 - 2025) Analysis & Trends
For FY2024, ADTRAN Holdings' Return on Capital Employed [ROCE] was -39.15%, down 23.94 percentage points from FY2023.
- Return on Capital Employed [ROCE] has declined in each of the last four years, with a five-year change of -30.71 percentage points (FY2019 to FY2024).
- Going back by year, Return on Capital Employed [ROCE] was -15.20% in FY2023 (-6.41 pp), -8.80% in FY2022 (-5.05 pp), -3.75% in FY2021 (-1.54 pp) and -2.22% in FY2020 (+6.22 pp).
- The Q3 2025 figure represents the highest quarterly Return on Capital Employed [ROCE] since Q2 2023.
- Year-over-year, Return on Capital Employed [ROCE] has increased for three consecutive quarters, with an average year-over-year change of +14.01 percentage points over the last four quarters.
- The fastest year-over-year change in Return on Capital Employed [ROCE] over five years came in Q3 2025 (a gain of 42.41 percentage points), and the weakest in Q2 2024 (a drop of 39.34 percentage points).
- Business Quant data shows ADTN's Return on Capital Employed [ROCE] at -8.65% (Q2 2025), -11.97% (Q1 2025) and -47.82% (Q4 2024) in the three quarters before Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,874.86 Bn | 4,622.35 Bn | 54.77 Bn | 67.97% |
| 2 | Cisco Systems | 442.74 Bn | 378.67 Bn | 11.06 Bn | 17.86% |
| 3 | Dell Technologies | 360.03 Bn | 315.78 Bn | 9.83 Bn | 38.06% |
| 4 | Arista Networks | 261.51 Bn | 214.96 Bn | 1.91 Bn | 28.65% |
| 5 | Sandisk | 251.12 Bn | 239.64 Bn | 7.58 Bn | 87.19% |
| 6 | Seagate Technology Holdings | 192.54 Bn | 187.54 Bn | 1.90 Bn | 64.93% |
| 7 | Western Digital | 149.92 Bn | 138.05 Bn | 2.03 Bn | 43.60% |
| 8 | Sony | 146.49 Bn | 96.88 Bn | 6.53 Bn | 14.81% |
| 9 | Lumentum Holdings | 96.17 Bn | 87.98 Bn | 477.30 Mn | 11.20% |
| 10 | ADTRAN Holdings | 571.61 Mn | 566.34 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | -5.90% |
| Jun 30, 2025 | -8.65% |
| Mar 31, 2025 | -11.97% |
| Dec 31, 2024 | -47.82% |
| Sep 30, 2024 | -48.31% |
| Jun 30, 2024 | -42.08% |
| Mar 31, 2024 | -31.49% |
| Jun 30, 2023 | -2.74% |
| Jun 30, 2022 | -2.35% |
| Mar 31, 2022 | -3.39% |
| Dec 31, 2021 | -3.60% |
| Sep 30, 2021 | -2.56% |
| Jun 30, 2021 | 0.90% |
| Mar 31, 2021 | -1.45% |
| Dec 31, 2020 | -2.25% |
| Sep 30, 2020 | -4.89% |
| Jun 30, 2020 | -11.24% |
| Mar 31, 2020 | -8.96% |
| Dec 31, 2019 | -8.88% |
| Sep 30, 2019 | -6.16% |
ADTRAN 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=ADTN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "ADTN", "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=ADTN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();