Bank Of Nova Scotia (BNS) Return on Capital Employed [ROCE] (2012 - 2026)
Bank Of Nova Scotia (BNS) recorded Return on Capital Employed [ROCE] of 39.28% in fiscal Q3 2026 (quarter ended Jul 31, 2026), down 11.70 percentage points from 50.97% a year earlier and down 20.61 percentage points from the prior quarter.
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Analysis
Bank Of Nova Scotia (BNS) Return on Capital Employed [ROCE] (2012 - 2026) Analysis & Trends
For FY2025 (ended Oct 31, 2025), Bank Of Nova Scotia reported Return on Capital Employed [ROCE] of 38.85%, up 5.96 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has a five-year change of -9.82 percentage points (FY2020 to FY2025).
- Across earlier fiscal years, Return on Capital Employed [ROCE] came in at 32.89% in FY2024 (-2.96 pp), 35.85% in FY2023 (+17.32 pp) and 18.53% in FY2022.
- The fiscal Q3 2026 figure is the lowest quarterly Return on Capital Employed [ROCE] since fiscal Q2 2025.
- On a year-over-year basis, Return on Capital Employed [ROCE] rose in five of the last eight quarters, with an average year-over-year change of +5.86 percentage points.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 32.27 percentage points in fiscal Q4 2022, against a drop of 24.19 percentage points in fiscal Q2 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 59.89% (Q2 2026), 40.78% (Q1 2026) and 45.03% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 215.04 Bn | 158.84 Bn | - | - |
| 2 | Citigroup | 213.03 Bn | -2,086.84 Bn | 24.75 Bn | - |
| 3 | Bank Of Nova Scotia | 112.11 Bn | -323.11 Bn | - | 39.28% |
| 4 | Nokia | 59.60 Bn | 59.60 Bn | 2.58 Bn | - |
| 5 | Haleon | 39.08 Bn | 32.27 Bn | - | - |
| 6 | Gold Fields | 32.02 Bn | 28.83 Bn | - | - |
| 7 | Sprott Physical Gold Trust | 14.96 Bn | 14.82 Bn | - | - |
| 8 | Sprott Physical Silver Trust | 12.05 Bn | 11.73 Bn | - | - |
| 9 | Magnum Ice Cream | 10.51 Bn | 9.19 Bn | - | - |
| 10 | Sprott Physical Gold & Silver Trust | 7.97 Bn | 7.90 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 39.28% |
| Apr 30, 2026 | 59.89% |
| Jan 31, 2026 | 40.78% |
| Oct 31, 2025 | 45.03% |
| Jul 31, 2025 | 50.97% |
| Apr 30, 2025 | 31.29% |
| Jan 31, 2025 | 31.02% |
| Oct 31, 2024 | 38.43% |
| Jul 31, 2024 | 33.14% |
| Apr 30, 2024 | 36.57% |
| Jan 31, 2024 | 33.18% |
| Oct 31, 2023 | 35.24% |
| Jul 31, 2023 | 50.44% |
| Apr 30, 2023 | 36.24% |
| Jan 31, 2023 | 41.38% |
| Oct 31, 2022 | 46.17% |
| Jul 31, 2022 | 37.77% |
| Apr 30, 2022 | 60.42% |
| Jan 31, 2022 | 63.54% |
| Oct 31, 2021 | 13.90% |
API Access
Bank Of Nova Scotia 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=BNS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "BNS", "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=BNS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();