Aspen Aerogels (ASPN) Return on Capital Employed [ROCE] (2014 - 2026)
Aspen Aerogels' Return on Capital Employed [ROCE] was -40.70% in Q2 2026, up 18.25 percentage points from -58.96% a year earlier but down 9.61 percentage points from the prior quarter.
Aspen Aerogels (ASPN) Return on Capital Employed [ROCE] (2014 - 2026) Analysis & Trends
For FY2025, Return on Capital Employed [ROCE] at Aspen Aerogels came in at -64.23%, down 72.14 percentage points from FY2024.
- Return on Capital Employed [ROCE] shows a five-year change of -39.30 percentage points (FY2020 to FY2025).
- In earlier years, Return on Capital Employed [ROCE] was 7.92% in FY2024 (+16.18 pp), -8.27% in FY2023 (+15.44 pp), -23.71% in FY2022 (+15.47 pp) and -39.18% in FY2021 (-14.25 pp).
- Quarterly Return on Capital Employed [ROCE] has moved between -97.73% (Q4 2025) and 7.48% (Q4 2024) over five years.
- Compared with a year earlier, Return on Capital Employed [ROCE] was higher in four of the last eight quarters, with an average year-over-year change of -26.76 percentage points.
- The best year-over-year quarter for Return on Capital Employed [ROCE] over five years was Q3 2023 (a gain of 18.69 percentage points); the worst was Q4 2025 (a drop of 105.21 percentage points).
- Per Business Quant data, ASPN's Return on Capital Employed [ROCE] in the three quarters before Q2 2026 was -31.09% (Q1 2026), -97.73% (Q4 2025) and -67.00% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 221.03 Bn | 204.14 Bn | 4.43 Bn | 13.17% |
| 2 | Corning | 141.47 Bn | 134.60 Bn | 1.63 Bn | 9.96% |
| 3 | Sherwin Williams | 77.59 Bn | 76.63 Bn | 3.34 Bn | 23.44% |
| 4 | Air Products & Chemicals | 61.84 Bn | 59.74 Bn | 1.04 Bn | -1.63% |
| 5 | LyondellBasell Industries | 37.84 Bn | 27.46 Bn | 2.04 Bn | 3.55% |
| 6 | Nutrien | 33.77 Bn | 30.64 Bn | 3.25 Bn | 24.09% |
| 7 | Qnity Electronics | 27.51 Bn | 24.93 Bn | 666.00 Mn | 10.47% |
| 8 | Ati | 26.21 Bn | 24.36 Bn | 309.80 Mn | 17.58% |
| 9 | Ppg Industries | 23.37 Bn | 16.17 Bn | 1.81 Bn | 13.38% |
| 10 | Aspen Aerogels | 472.20 Mn | -160.98 Mn | 3.26 Mn | -40.70% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -40.70% |
| Mar 31, 2026 | -31.09% |
| Dec 31, 2025 | -97.73% |
| Sep 30, 2025 | -67.00% |
| Jun 30, 2025 | -58.96% |
| Mar 31, 2025 | -38.41% |
| Dec 31, 2024 | 7.48% |
| Sep 30, 2024 | 6.23% |
| Jun 30, 2024 | 1.43% |
| Mar 31, 2024 | -4.37% |
| Dec 31, 2023 | -8.54% |
| Sep 30, 2023 | -10.96% |
| Jun 30, 2023 | -13.36% |
| Mar 31, 2023 | -14.12% |
| Dec 31, 2022 | -18.20% |
| Sep 30, 2022 | -29.65% |
| Jun 30, 2022 | -24.91% |
| Mar 31, 2022 | -24.58% |
| Dec 31, 2021 | -27.29% |
| Sep 30, 2021 | -18.81% |
Aspen Aerogels 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=ASPN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "ASPN", "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=ASPN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();