Blend Labs (BLND) Return on Capital Employed [ROCE] (2021 - 2026)
Blend Labs (BLND) recorded Return on Capital Employed [ROCE] of -15.90% in Q2 2026, up 4.75 percentage points from -20.65% a year earlier and up 1.66 percentage points from the prior quarter.
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Analysis
Blend Labs (BLND) Return on Capital Employed [ROCE] (2021 - 2026) Analysis & Trends
For FY2025, Blend Labs reported Return on Capital Employed [ROCE] of -16.15%, up 15.77 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has increased for three straight years, with a four-year change of +16.50 percentage points (FY2021 to FY2025).
- Across earlier years, Return on Capital Employed [ROCE] came in at -31.91% in FY2024 (+17.98 pp), -49.89% in FY2023 (+51.33 pp), -101.22% in FY2022 (-68.57 pp) and -32.65% in FY2021.
- Quarterly Return on Capital Employed [ROCE] has ranged from -199.86% in Q1 2023 to -14.65% in Q3 2021 over the past five years.
- On a year-over-year basis, Return on Capital Employed [ROCE] has increased for 12 consecutive quarters, with an average year-over-year change of +22.99 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 135.79 percentage points in Q1 2024, against a drop of 176.57 percentage points in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at -17.57% (Q1 2026), -16.43% (Q4 2025) and -15.33% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 49.93 Bn | 6.74 Bn | - | 3.03% |
| 2 | PayPal Holdings | 45.74 Bn | 3.96 Bn | - | 17.89% |
| 3 | Block | 44.49 Bn | 15.75 Bn | 3.17 Bn | 4.02% |
| 4 | Iren | 30.93 Bn | 18.53 Bn | 103.89 Mn | -11.25% |
| 5 | Corpay | 25.61 Bn | 15.81 Bn | - | 20.94% |
| 6 | Fiserv | 24.13 Bn | 20.83 Bn | 2.90 Bn | 8.26% |
| 7 | Global Payments | 21.34 Bn | -222.16 Mn | 2.03 Bn | 2.55% |
| 8 | Bitmine Immersion Technologies | 15.51 Bn | 12.89 Bn | 40.81 Mn | -82.57% |
| 9 | Guidewire Software | 12.73 Bn | 9.30 Bn | 269.68 Mn | 7.92% |
| 10 | Blend Labs | 248.34 Mn | -2.66 Mn | 24.89 Mn | -15.90% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -15.90% |
| Mar 31, 2026 | -17.57% |
| Dec 31, 2025 | -16.43% |
| Sep 30, 2025 | -15.33% |
| Jun 30, 2025 | -20.65% |
| Mar 31, 2025 | -28.44% |
| Dec 31, 2024 | -34.14% |
| Sep 30, 2024 | -39.01% |
| Jun 30, 2024 | -52.44% |
| Mar 31, 2024 | -64.08% |
| Dec 31, 2023 | -62.27% |
| Sep 30, 2023 | -70.40% |
| Jun 30, 2023 | -91.02% |
| Mar 31, 2023 | -199.86% |
| Dec 31, 2022 | -174.63% |
| Sep 30, 2022 | -145.61% |
| Jun 30, 2022 | -86.22% |
| Mar 31, 2022 | -23.29% |
| Dec 31, 2021 | -18.17% |
| Sep 30, 2021 | -14.65% |
API Access
Blend Labs 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=BLND&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "BLND", "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=BLND&period=max&api_key=YOUR_API_KEY");
const data = await res.json();