Appfolio (APPF) Return on Capital Employed [ROCE] (2015 - 2026)
Appfolio's Return on Capital Employed [ROCE] came in at 35.29% for Q3 2026, up 9.01 percentage points from 26.28% a year earlier and up 0.85 percentage points from the prior quarter.
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Analysis
Appfolio (APPF) Return on Capital Employed [ROCE] (2015 - 2026) Analysis & Trends
For FY2025, Appfolio's Return on Capital Employed [ROCE] was 27.75%, down 2.09 percentage points from FY2024.
- Return on Capital Employed [ROCE] carries a five-year change of +24.20 percentage points (FY2020 to FY2025).
- Going back by year, Return on Capital Employed [ROCE] was 29.84% in FY2024 (+29.55 pp), 0.30% in FY2023 (+22.01 pp), -21.71% in FY2022 (-18.28 pp) and -3.43% in FY2021 (-6.99 pp).
- The Q3 2026 figure represents the highest quarterly Return on Capital Employed [ROCE] in data going back to Q3 2015.
- Year-over-year, Return on Capital Employed [ROCE] has increased for four consecutive quarters, with an average year-over-year change of +6.66 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Capital Employed [ROCE] over five years came in Q3 2024 (a gain of 48.44 percentage points), and the weakest in Q1 2023 (a drop of 22.48 percentage points).
- Business Quant data shows APPF's Return on Capital Employed [ROCE] at 34.43% (Q2 2026), 30.21% (Q1 2026) and 27.41% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 49.33 Bn | 21.58 Bn | 695.95 Mn | 13.55% |
| 3 | Samsara | 24.47 Bn | 21.24 Bn | 392.58 Mn | 1.12% |
| 4 | Ptc | 22.39 Bn | 21.21 Bn | 490.47 Mn | 21.53% |
| 5 | Toast | 20.27 Bn | 12.91 Bn | 543.00 Mn | 23.08% |
| 6 | Manhattan Associates | 14.95 Bn | 14.00 Bn | 174.30 Mn | 114.12% |
| 7 | Bentley Systems | 14.10 Bn | 13.58 Bn | 349.55 Mn | 15.90% |
| 8 | Trimble | 12.64 Bn | 11.72 Bn | 659.10 Mn | 8.96% |
| 9 | Costar | 12.11 Bn | 7.50 Bn | 741.00 Mn | 2.23% |
| 10 | Appfolio | 8.15 Bn | 7.22 Bn | 190.11 Mn | 35.29% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 35.29% |
| Jun 30, 2026 | 34.43% |
| Mar 31, 2026 | 30.21% |
| Dec 31, 2025 | 27.41% |
| Sep 30, 2025 | 26.28% |
| Jun 30, 2025 | 28.05% |
| Mar 31, 2025 | 25.20% |
| Dec 31, 2024 | 26.51% |
| Sep 30, 2024 | 32.20% |
| Jun 30, 2024 | 24.84% |
| Mar 31, 2024 | 16.74% |
| Dec 31, 2023 | 0.30% |
| Sep 30, 2023 | -16.24% |
| Jun 30, 2023 | -19.20% |
| Mar 31, 2023 | -28.44% |
| Dec 31, 2022 | -22.50% |
| Sep 30, 2022 | -18.54% |
| Jun 30, 2022 | -15.60% |
| Mar 31, 2022 | -5.97% |
| Dec 31, 2021 | -3.35% |
API Access
Appfolio 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=APPF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "APPF", "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=APPF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();