Dell Technologies (DELL) Return on Invested Capital [ROIC] (2016 - 2026)
Dell Technologies (DELL) reported Return on Invested Capital [ROIC] of 37.37% for fiscal Q2 2027 (quarter ended Jul 31, 2026), up 15.91 percentage points from 21.46% a year earlier and up 7.32 percentage points from the prior quarter.
Dell Technologies (DELL) Return on Invested Capital [ROIC] (2016 - 2026) Analysis & Trends
For FY2026 (ended Jan 30, 2026), Dell Technologies posted Return on Invested Capital [ROIC] of 25.56%, up 1.42 percentage points from FY2025.
- Return on Invested Capital [ROIC] has increased for nine consecutive fiscal years, with a five-year change of +18.64 percentage points (FY2021 to FY2026).
- By fiscal year, Return on Invested Capital [ROIC] came in at 24.13% in FY2025 (+6.36 pp), 17.77% in FY2024 (+1.05 pp), 16.72% in FY2023 (+5.95 pp) and 10.78% in FY2022 (+3.86 pp).
- The fiscal Q2 2027 figure ranks as the highest quarterly Return on Invested Capital [ROIC] in data going back to fiscal Q1 2017.
- Year over year, Return on Invested Capital [ROIC] gained in five of the last eight quarters, with an average year-over-year change of +4.03 percentage points.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was fiscal Q2 2027 (a gain of 15.91 percentage points); the low point was fiscal Q3 2024 (a drop of 4.66 percentage points).
- Per Business Quant data, the three fiscal quarters before Q2 2027 came in at 30.05% (Q1 2027), 23.10% (Q4 2026) and 21.41% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,177.41 Bn | 4,922.87 Bn | 54.82 Bn | 68.32% |
| 2 | Cisco Systems | 377.40 Bn | 377.40 Bn | 11.79 Bn | - |
| 3 | Arista Networks | 249.38 Bn | 198.58 Bn | 2.33 Bn | - |
| 4 | Dell Technologies | 220.34 Bn | 176.10 Bn | 9.83 Bn | 37.37% |
| 5 | Sony | 166.48 Bn | 103.89 Bn | 7.96 Bn | 12.98% |
| 6 | Sandisk | 127.44 Bn | 112.27 Bn | 9.38 Bn | - |
| 7 | Seagate Technology Holdings | 121.35 Bn | 116.20 Bn | 2.43 Bn | 82.33% |
| 8 | Western Digital | 110.67 Bn | 100.50 Bn | 2.53 Bn | 53.78% |
| 9 | Hewlett Packard Enterprise | 64.15 Bn | 42.09 Bn | 4.93 Bn | 5.57% |
| 10 | Garmin | 54.56 Bn | 44.11 Bn | 1.26 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 37.37% |
| May 1, 2026 | 30.05% |
| Jan 30, 2026 | 23.10% |
| Oct 31, 2025 | 21.41% |
| Aug 1, 2025 | 21.46% |
| May 2, 2025 | 21.65% |
| Jan 31, 2025 | 24.68% |
| Nov 1, 2024 | 24.20% |
| Aug 2, 2024 | 23.78% |
| May 3, 2024 | 21.41% |
| Feb 2, 2024 | 18.71% |
| Nov 3, 2023 | 15.77% |
| Aug 4, 2023 | 14.34% |
| May 5, 2023 | 14.71% |
| Feb 3, 2023 | 17.22% |
| Oct 28, 2022 | 20.43% |
| Jul 29, 2022 | 18.43% |
| Apr 29, 2022 | 17.32% |
| Jan 28, 2022 | 8.88% |
| Oct 29, 2021 | 5.24% |
Dell Technologies Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=DELL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=DELL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();