Doximity (DOCS) Return on Capital Employed (2021 - 2026)
Doximity (DOCS) reported Return on Capital Employed of 21.81% for Q1 2026, up 36.0% year-over-year from 16.04% in Q1 2025, and down 3.43% on a QoQ basis from 22.59% in Q4 2025.
Doximity (DOCS) has 6 years of Return on Capital Employed data on file, last reported at 21.81% in Q1 2026.
- Quarterly Return on Capital Employed rose 36.0% year-over-year to 21.81% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 21.81% (up 36.0% YoY) and the FY2026 annual result came in at 20.68%, down 175.0% from the prior year.
- Return on Capital Employed declined to 21.81% in Q1 2026 per DOCS's latest filing, from 22.59% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 22.63% in Q3 2025 and bottomed at 12.26% in Q2 2022.
- The 5-year median for Return on Capital Employed is 18.36% (2024), against an average of 17.55%.
- The widest annual swing landed in 2022, when Return on Capital Employed slumped 501 bps; it then surged 676 bps in 2024.
- Tracing DOCS's Return on Capital Employed over 5 years: stood at 12.76% in 2022, then soared by 34 bps to 17.05% in 2023, then grew by 26 bps to 21.46% in 2024, then advanced by 5 bps to 22.59% in 2025, then dropped by 3 bps to 21.81% in 2026.
- Per Business Quant, the three latest DOCS Return on Capital Employed figures stand at 21.81% (Q1 2026), 22.59% (Q4 2025), and 22.63% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 30.85 Bn | 24.28 Bn | 622.47 Mn | 13.28% |
| 2 | BrightSpring Health Services | 12.29 Bn | 11.41 Bn | 482.22 Mn | 2.09% |
| 3 | Healthequity | 7.80 Bn | 7.48 Bn | 256.31 Mn | 10.67% |
| 4 | Hinge Health | 4.82 Bn | 4.51 Bn | 154.23 Mn | -163.65% |
| 5 | Doximity | 4.21 Bn | 3.46 Bn | 125.97 Mn | 21.81% |
| 6 | Waystar Holding | 4.18 Bn | 4.03 Bn | 268.04 Mn | 4.73% |
| 7 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | -4.23% |
| 8 | Privia Health | 2.65 Bn | 2.28 Bn | 595.71 Mn | 4.60% |
| 9 | Omnicell | 1.95 Bn | 1.78 Bn | 140.36 Mn | 2.23% |
| 10 | Teladoc Health | 1.42 Bn | 672.39 Mn | 562.57 Mn | -8.41% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.81% |
| Dec 31, 2025 | 22.59% |
| Sep 30, 2025 | 22.63% |
| Jun 30, 2025 | 21.99% |
| Mar 31, 2025 | 21.45% |
| Dec 31, 2024 | 21.46% |
| Sep 30, 2024 | 20.71% |
| Jun 30, 2024 | 19.15% |
| Mar 31, 2024 | 18.36% |
| Dec 31, 2023 | 17.05% |
| Sep 30, 2023 | 13.95% |
| Jun 30, 2023 | 13.15% |
| Mar 31, 2023 | 13.00% |
| Dec 31, 2022 | 12.76% |
| Sep 30, 2022 | 12.75% |
| Jun 30, 2022 | 12.26% |
| Mar 31, 2022 | 13.35% |
| Dec 31, 2021 | 13.41% |
| Sep 30, 2021 | 12.02% |
| Jun 30, 2021 | 17.26% |