AST SpaceMobile (ASTS) Return on Capital Employed [ROCE] (2020 - 2026)
AST SpaceMobile's Return on Capital Employed [ROCE] came in at -11.61% for Q2 2026, up 5.64 percentage points from -17.25% a year earlier but down 3.77 percentage points from the prior quarter.
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Analysis
AST SpaceMobile (ASTS) Return on Capital Employed [ROCE] (2020 - 2026) Analysis & Trends
For FY2025, AST SpaceMobile's Return on Capital Employed [ROCE] was -11.39%, up 30.33 percentage points from FY2024.
- Return on Capital Employed [ROCE] carries a five-year change of -10.66 percentage points (FY2020 to FY2025).
- Going back by year, Return on Capital Employed [ROCE] was -41.73% in FY2024 (+21.19 pp), -62.92% in FY2023 (-26.03 pp), -36.89% in FY2022 (-2.25 pp) and -34.64% in FY2021 (-33.90 pp).
- The five-year range for quarterly Return on Capital Employed [ROCE] is -66.32% (Q4 2023) to -7.85% (Q1 2026).
- Year-over-year, Return on Capital Employed [ROCE] has increased for eight consecutive quarters, with an average year-over-year change of +24.23 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Capital Employed [ROCE] over five years came in Q2 2025 (a gain of 41.87 percentage points), and the weakest in Q4 2023 (a drop of 26.67 percentage points).
- Business Quant data shows ASTS's Return on Capital Employed [ROCE] at -7.85% (Q1 2026), -8.88% (Q4 2025) and -13.43% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 186.37 Bn | 149.50 Bn | 27.03 Bn | 8.11% |
| 2 | T-Mobile US | 172.07 Bn | 156.81 Bn | 14.76 Bn | 9.58% |
| 3 | At&T | 162.52 Bn | 94.48 Bn | 25.82 Bn | 6.89% |
| 4 | Grupo Televisa, S.A.B | 155.17 Bn | 146.91 Bn | 318.12 Mn | 2.69% |
| 5 | Comcast | 78.07 Bn | 42.13 Bn | - | 8.12% |
| 6 | Vodafone Group Public | 38.75 Bn | 8.15 Bn | - | - |
| 7 | Chunghwa Telecom | 36.94 Bn | 28.95 Bn | 728.80 Mn | 2.44% |
| 8 | EchoStar | 24.82 Bn | 15.91 Bn | 1.65 Bn | -45.15% |
| 9 | Telefonica Brasil | 20.19 Bn | 14.21 Bn | 1.42 Bn | - |
| 10 | AST SpaceMobile | 12.17 Bn | 3.31 Bn | 7.95 Mn | -11.61% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -11.61% |
| Mar 31, 2026 | -7.85% |
| Dec 31, 2025 | -8.88% |
| Sep 30, 2025 | -13.43% |
| Jun 30, 2025 | -17.25% |
| Mar 31, 2025 | -29.53% |
| Dec 31, 2024 | -36.31% |
| Sep 30, 2024 | -48.97% |
| Jun 30, 2024 | -59.12% |
| Mar 31, 2024 | -54.43% |
| Dec 31, 2023 | -66.32% |
| Sep 30, 2023 | -55.71% |
| Jun 30, 2023 | -51.43% |
| Mar 31, 2023 | -42.86% |
| Dec 31, 2022 | -39.65% |
| Mar 31, 2022 | -26.34% |
| Dec 31, 2021 | -17.66% |
| Sep 30, 2021 | -10.57% |
| Jun 30, 2021 | -7.00% |
| Mar 31, 2021 | -1.26% |
API Access
AST SpaceMobile 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=ASTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "ASTS", "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=ASTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();