C3.ai (AI) Return on Capital Employed [ROCE] (2021 - 2026)
C3.ai (AI) recorded Return on Capital Employed [ROCE] of -65.51% in fiscal Q1 2027 (quarter ended Jul 31, 2026), down 23.00 percentage points from -42.51% a year earlier but up 1.00 percentage points from the prior quarter.
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Analysis
C3.ai (AI) Return on Capital Employed [ROCE] (2021 - 2026) Analysis & Trends
For FY2026 (ended Apr 30, 2026), C3.ai reported Return on Capital Employed [ROCE] of -61.20%, down 25.16 percentage points from FY2025.
- Annual Return on Capital Employed [ROCE] has declined for five straight fiscal years, with a five-year change of -51.58 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, Return on Capital Employed [ROCE] came in at -36.04% in FY2025 (-3.16 pp), -32.88% in FY2024 (-3.85 pp), -29.02% in FY2023 (-10.05 pp) and -18.98% in FY2022 (-9.36 pp).
- Quarterly Return on Capital Employed [ROCE] has ranged from -66.51% in fiscal Q4 2026 to -12.87% in fiscal Q2 2022 over the past five years.
- On a year-over-year basis, Return on Capital Employed [ROCE] has declined for 18 consecutive quarters, with an average year-over-year change of -13.55 percentage points over the last eight quarters.
- Over the past five years, the year-over-year drop in Return on Capital Employed [ROCE] ranged from 2.15 percentage points (fiscal Q4 2025) to 30.81 percentage points (fiscal Q4 2026).
- Per Business Quant, the preceding three fiscal quarters came in at -66.51% (Q4 2026), -57.60% (Q3 2026) and -49.57% (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 328.64 Bn | 313.71 Bn | 2.30 Bn | 1.86% |
| 2 | CrowdStrike Holdings | 276.50 Bn | 256.94 Bn | 1.10 Bn | -1.66% |
| 3 | Fortinet | 132.74 Bn | 118.67 Bn | 1.64 Bn | 44.16% |
| 4 | Snowflake | 120.19 Bn | 107.50 Bn | 1.04 Bn | -25.24% |
| 5 | Datadog | 99.51 Bn | 81.15 Bn | 881.34 Mn | 0.30% |
| 6 | Okta | 35.35 Bn | 25.44 Bn | 641.00 Mn | 3.21% |
| 7 | Axon Enterprise | 33.58 Bn | 28.10 Bn | 546.45 Mn | 0.40% |
| 8 | Zscaler | 32.06 Bn | 18.18 Bn | - | - |
| 9 | MongoDB | 28.84 Bn | 19.30 Bn | 569.77 Mn | -0.47% |
| 10 | C3.ai | 1.71 Bn | -815.39 Mn | 16.67 Mn | -65.51% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -65.51% |
| Apr 30, 2026 | -66.51% |
| Jan 31, 2026 | -57.60% |
| Oct 31, 2025 | -49.57% |
| Jul 31, 2025 | -42.51% |
| Apr 30, 2025 | -35.70% |
| Jan 31, 2025 | -34.82% |
| Oct 31, 2024 | -33.63% |
| Jul 31, 2024 | -34.07% |
| Apr 30, 2024 | -33.55% |
| Jan 31, 2024 | -32.28% |
| Oct 31, 2023 | -30.93% |
| Jul 31, 2023 | -29.57% |
| Apr 30, 2023 | -30.16% |
| Jan 31, 2023 | -28.10% |
| Oct 31, 2022 | -24.90% |
| Jul 31, 2022 | -22.76% |
| Apr 30, 2022 | -19.06% |
| Jan 31, 2022 | -15.62% |
| Oct 31, 2021 | -12.87% |
API Access
C3.ai 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=AI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "AI", "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=AI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();