Clover Health Investments (CLOV) Return on Capital Employed [ROCE] (2020 - 2026)
Clover Health Investments (CLOV) recorded Return on Capital Employed [ROCE] of -4.76% in Q2 2026, up 6.39 percentage points from -11.15% a year earlier and up 15.37 percentage points from the prior quarter.
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Analysis
Clover Health Investments (CLOV) Return on Capital Employed [ROCE] (2020 - 2026) Analysis & Trends
For FY2025, Clover Health Investments reported Return on Capital Employed [ROCE] of -24.29%, down 11.66 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has a four-year change of +244.33 percentage points (FY2021 to FY2025).
- Across earlier years, Return on Capital Employed [ROCE] came in at -12.63% in FY2024 (+35.28 pp), -47.91% in FY2023 (+16.04 pp), -63.96% in FY2022 (+204.67 pp) and -268.63% in FY2021.
- The Q2 2026 figure is the highest quarterly Return on Capital Employed [ROCE] since Q3 2020.
- On a year-over-year basis, Return on Capital Employed [ROCE] rose in five of the last seven quarters, with an average year-over-year change of +14.52 percentage points.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 71.74 percentage points in Q4 2022, against a drop of 85.72 percentage points in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at -20.13% (Q1 2026), -25.04% (Q4 2025) and -15.42% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 332.42 Bn | 217.05 Bn | 36.67 Bn | 10.87% |
| 2 | Cvs Health | 109.55 Bn | 62.16 Bn | 47.23 Bn | 4.98% |
| 3 | Mckesson | 99.61 Bn | 86.08 Bn | 3.69 Bn | 43.39% |
| 4 | Elevance Health | 84.30 Bn | -57.44 Bn | 13.45 Bn | -174.63% |
| 5 | Cigna | 71.83 Bn | 41.37 Bn | 14.97 Bn | 10.00% |
| 6 | Cencora | 57.33 Bn | 46.42 Bn | 3.61 Bn | 12.93% |
| 7 | Cardinal Health | 51.76 Bn | 35.76 Bn | 2.56 Bn | 19.96% |
| 8 | Humana | 45.82 Bn | -41.98 Bn | 5.50 Bn | 8.14% |
| 9 | Centene | 30.70 Bn | -59.59 Bn | 14.55 Bn | -13.64% |
| 10 | Clover Health Investments | 2.28 Bn | 1.54 Bn | 153.00 Mn | -4.76% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -4.76% |
| Mar 31, 2026 | -20.13% |
| Dec 31, 2025 | -25.04% |
| Sep 30, 2025 | -15.42% |
| Jun 30, 2025 | -11.15% |
| Mar 31, 2025 | -6.63% |
| Dec 31, 2024 | -11.34% |
| Sep 30, 2024 | -22.77% |
| Jun 30, 2024 | -32.22% |
| Mar 31, 2024 | -56.01% |
| Dec 31, 2023 | -55.99% |
| Dec 31, 2022 | -38.14% |
| Sep 30, 2022 | -66.13% |
| Jun 30, 2022 | -68.09% |
| Dec 31, 2021 | -109.88% |
| Sep 30, 2021 | -60.64% |
| Jun 30, 2021 | -46.15% |
| Mar 31, 2021 | -46.99% |
| Dec 31, 2020 | -24.16% |
| Sep 30, 2020 | -3.03% |
API Access
Clover Health Investments 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=CLOV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "CLOV", "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=CLOV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();