Dell Technologies (DELL) Return on Capital Employed (2016 - 2026)

Dell Technologies (DELL) reported Return on Capital Employed of 26.19% for Q1 2026, up 802.0% on a YoY basis from 2.9% in Q1 2025, and up 37.24% quarter-over-quarter from 19.08% in Q4 2025.

Dell Technologies (DELL) Return on Capital Employed (2016 - 2026) Analysis & Trends

Dell Technologies has reported Return on Capital Employed for 11 years, with the latest figure at 26.19% in Q1 2026.

  • For the quarter ending Q1 2026, Return on Capital Employed rose 802.0% year-over-year to 26.19%; the trailing twelve-month figure through Jan 2026 stood at 26.19% (up 802.0% YoY), and the FY2026 full-year result was 29.91%, up 1178.0% from the prior year.
  • Return on Capital Employed for Q1 2026 stood at 26.19%, up from 19.08% in the prior quarter.
  • The five-year high for Return on Capital Employed was 26.19% in Q1 2026, with the low at 8.03% in Q1 2022.
  • Historically, Return on Capital Employed has averaged 16.81% across 5 years, with a median of 16.2% in 2022.
  • Annual changes were most pronounced in 2022 — Return on Capital Employed surged 1137 bps — and 2023, when it slumped 351 bps.
  • Dell Technologies' Return on Capital Employed stood at 17.71% in 2022, then dropped by 20 bps to 14.2% in 2023, then climbed by 21 bps to 17.14% in 2024, then rose by 11 bps to 19.08% in 2025, then soared by 37 bps to 26.19% in 2026.
  • The last three Return on Capital Employed figures came in at 26.19% (Q1 2026), 19.08% (Q4 2025), and 20.56% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Dell Technologies 266.21 Bn 254.69 Bn 6.73 Bn 26.19%
2 Sandisk 230.78 Bn 227.04 Bn 4.66 Bn 40.93%
3 Arista Networks 194.03 Bn 181.67 Bn 1.68 Bn 29.70%
4 Seagate Technology Holdings 183.90 Bn 182.75 Bn 1.45 Bn 55.82%
5 Western Digital 175.01 Bn 171.77 Bn 1.68 Bn 33.39%
6 Super Micro Computer 24.90 Bn 23.61 Bn 1.02 Bn 8.58%
7 Everpure 23.71 Bn 22.70 Bn 740.09 Mn 4.53%
8 Hp 23.64 Bn 19.93 Bn 3.02 Bn 25.32%
9 IonQ 20.37 Bn 18.35 Bn 15.41 Mn -12.83%
10 Logitech International 16.58 Bn 14.83 Bn 483.28 Mn 29.15%

Historic Data

Download Data
DateValue
Jan 30, 2026 26.19%
Oct 31, 2025 19.08%
Aug 1, 2025 20.56%
May 2, 2025 19.57%
Jan 31, 2025 18.17%
Nov 1, 2024 17.14%
Aug 2, 2024 18.51%
May 3, 2024 15.69%
Feb 2, 2024 15.76%
Nov 3, 2023 14.20%
Aug 4, 2023 15.55%
May 5, 2023 13.37%
Feb 3, 2023 16.15%
Oct 28, 2022 17.71%
Jul 29, 2022 16.20%
Apr 29, 2022 13.92%
Jan 28, 2022 8.03%
Oct 29, 2021 6.34%
Jul 30, 2021 5.77%
Apr 30, 2021 5.86%