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

Dell Technologies' (DELL) quarterly Return on Capital Employed came in at 31.76% in Q2 2026, up 1219.0% YoY from 2.41% in Q2 2025, and up 21.26% on a QoQ basis from 26.19% in Q1 2026.

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

Dell Technologies (DELL) has 11 years of Return on Capital Employed data on file, last reported at 31.76% in Q2 2026.

  • Quarterly Return on Capital Employed rose 1219.0% year-over-year to 31.76% in Q2 2026, while the trailing twelve-month figure through May 2026 was 31.76% (up 1219.0% YoY) and the FY2026 annual result came in at 29.91%, up 1178.0% from the prior year.
  • Return on Capital Employed rose to 31.76% in Q2 2026, from 26.19% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 31.76% in Q2 2026 to a low of 8.03% in Q1 2022.
  • A 5-year average of 17.64% and a median of 16.67% in 2024 frame the typical range for Return on Capital Employed.
  • Annual changes were most pronounced in 2023 — Return on Capital Employed slumped 351 bps — and 2026, when it surged 1219 bps.
  • Tracing DELL's Return on Capital Employed over 5 years: 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 surged by 66 bps to 31.76% in 2026.
  • The last three Return on Capital Employed figures came in at 31.76% (Q2 2026), 26.19% (Q1 2026), and 19.08% (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Dell Technologies 278.57 Bn 266.99 Bn 7.78 Bn 31.76%
2 Arista Networks 232.75 Bn 220.40 Bn 1.68 Bn 29.70%
3 Sandisk 190.63 Bn 186.89 Bn 4.66 Bn 40.93%
4 Seagate Technology Holdings 186.50 Bn 185.35 Bn 1.45 Bn 55.82%
5 Western Digital 184.00 Bn 180.76 Bn 1.68 Bn 33.39%
6 Everpure 26.61 Bn 25.11 Bn 723.33 Mn 5.87%
7 Hp 24.78 Bn 21.08 Bn 3.02 Bn 25.32%
8 Super Micro Computer 17.22 Bn 15.93 Bn 1.02 Bn 8.58%
9 Logitech International 16.90 Bn 15.15 Bn 607.94 Mn 33.64%
10 IonQ 10.24 Bn 8.22 Bn 15.41 Mn -12.83%

Historic Data

Download Data
DateValue
May 1, 2026 31.76%
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%