Appian (APPN) Return on Capital Employed [ROCE] (2017 - 2026)
Appian's Return on Capital Employed [ROCE] was 5.26% in Q2 2026, up 10.97 percentage points from -5.70% a year earlier and up 3.46 percentage points from the prior quarter.
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Analysis
Appian (APPN) Return on Capital Employed [ROCE] (2017 - 2026) Analysis & Trends
For FY2025, Return on Capital Employed [ROCE] at Appian came in at 0.30%, up 22.88 percentage points from FY2024.
- Return on Capital Employed [ROCE] has now increased for three consecutive years, with a five-year change of +13.55 percentage points (FY2020 to FY2025).
- In earlier years, Return on Capital Employed [ROCE] was -22.58% in FY2024 (+22.47 pp), -45.05% in FY2023 (+6.91 pp), -51.95% in FY2022 (-23.30 pp) and -28.66% in FY2021 (-15.41 pp).
- The Q2 2026 figure marks the highest quarterly Return on Capital Employed [ROCE] in data going back to Q3 2017.
- Compared with a year earlier, Return on Capital Employed [ROCE] has increased for 12 straight quarters, with an average year-over-year change of +20.38 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Capital Employed [ROCE] over five years was Q3 2025 (a gain of 35.33 percentage points); the worst was Q3 2022 (a drop of 33.40 percentage points).
- Per Business Quant data, APPN's Return on Capital Employed [ROCE] in the three quarters before Q2 2026 was 1.81% (Q1 2026), 0.31% (Q4 2025) and 2.74% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 456.65 Bn | 425.71 Bn | 1.64 Bn | 28.02% |
| 2 | Oracle | 417.55 Bn | 290.11 Bn | - | 9.81% |
| 3 | Sap Se | 259.04 Bn | 180.13 Bn | 8.40 Bn | 33.74% |
| 4 | Salesforce | 194.78 Bn | 150.65 Bn | 8.70 Bn | 10.68% |
| 5 | ServiceNow | 142.47 Bn | 120.93 Bn | 2.82 Bn | 10.59% |
| 6 | Automatic Data Processing | 105.00 Bn | 87.13 Bn | 2.51 Bn | -46.62% |
| 7 | Intuit | 75.89 Bn | 55.24 Bn | 3.44 Bn | 21.09% |
| 8 | Relx | 60.92 Bn | 57.89 Bn | - | - |
| 9 | Strategy | 56.49 Bn | 49.48 Bn | 81.55 Mn | -68.70% |
| 10 | Appian | 2.71 Bn | 1.96 Bn | 144.74 Mn | 5.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.26% |
| Mar 31, 2026 | 1.81% |
| Dec 31, 2025 | 0.31% |
| Sep 30, 2025 | 2.74% |
| Jun 30, 2025 | -5.70% |
| Mar 31, 2025 | -15.24% |
| Dec 31, 2024 | -26.38% |
| Sep 30, 2024 | -32.59% |
| Jun 30, 2024 | -32.27% |
| Mar 31, 2024 | -29.05% |
| Dec 31, 2023 | -44.78% |
| Sep 30, 2023 | -46.82% |
| Jun 30, 2023 | -50.83% |
| Mar 31, 2023 | -52.89% |
| Dec 31, 2022 | -57.06% |
| Sep 30, 2022 | -54.83% |
| Jun 30, 2022 | -42.18% |
| Mar 31, 2022 | -32.75% |
| Dec 31, 2021 | -29.57% |
| Sep 30, 2021 | -21.43% |
API Access
Appian 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=APPN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "APPN", "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=APPN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();