Dell Technologies (DELL) Return on Capital Employed [ROCE] (2016 - 2026)
Dell Technologies' Return on Capital Employed [ROCE] was 38.06% in fiscal Q2 2027 (quarter ended Jul 31, 2026), up 17.50 percentage points from 20.56% a year earlier and up 6.30 percentage points from the prior quarter.
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Analysis
Dell Technologies (DELL) Return on Capital Employed [ROCE] (2016 - 2026) Analysis & Trends
For FY2026 (ended Jan 30, 2026), Return on Capital Employed [ROCE] at Dell Technologies came in at 29.91%, up 11.78 percentage points from FY2025.
- Return on Capital Employed [ROCE] shows a five-year change of +24.41 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Return on Capital Employed [ROCE] was 18.13% in FY2025 (+3.70 pp), 14.42% in FY2024 (-0.18 pp), 14.60% in FY2023 (+5.62 pp) and 8.98% in FY2022 (+3.48 pp).
- The fiscal Q2 2027 figure marks the highest quarterly Return on Capital Employed [ROCE] in data going back to fiscal Q1 2017.
- Compared with a year earlier, Return on Capital Employed [ROCE] has increased for ten straight quarters, with an average year-over-year change of +6.37 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Capital Employed [ROCE] over five years was fiscal Q2 2027 (a gain of 17.50 percentage points); the worst was fiscal Q3 2024 (a drop of 3.51 percentage points).
- Per Business Quant data, DELL's Return on Capital Employed [ROCE] in the three fiscal quarters before Q2 2027 was 31.76% (Q1 2027), 26.19% (Q4 2026) and 19.08% (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,874.86 Bn | 4,622.35 Bn | 54.77 Bn | 67.97% |
| 2 | Cisco Systems | 442.74 Bn | 378.67 Bn | 11.06 Bn | 17.86% |
| 3 | Dell Technologies | 360.03 Bn | 315.78 Bn | 9.83 Bn | 38.06% |
| 4 | Arista Networks | 261.51 Bn | 214.96 Bn | 1.91 Bn | 28.65% |
| 5 | Sandisk | 251.12 Bn | 239.64 Bn | 7.58 Bn | 87.19% |
| 6 | Seagate Technology Holdings | 192.54 Bn | 187.54 Bn | 1.90 Bn | 64.93% |
| 7 | Western Digital | 149.92 Bn | 138.05 Bn | 2.03 Bn | 43.60% |
| 8 | Sony | 146.49 Bn | 96.88 Bn | 6.53 Bn | 14.81% |
| 9 | Lumentum Holdings | 96.17 Bn | 87.98 Bn | 477.30 Mn | 11.20% |
| 10 | Hewlett Packard Enterprise | 92.09 Bn | 69.97 Bn | 4.93 Bn | 5.09% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 38.06% |
| 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% |
API Access
Dell Technologies 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=DELL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "DELL", "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=DELL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();