Doximity (DOCS) Return on Capital Employed (2021 - 2026)
Doximity (DOCS) posted quarterly 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% quarter-over-quarter from 22.59% in Q4 2025.
Doximity (DOCS) Return on Capital Employed (2021 - 2026) Analysis & Trends
Doximity (DOCS) has reported Return on Capital Employed for 6 consecutive years, with 21.81% the latest figure, recorded in Q1 2026.
- In Q1 2026, Return on Capital Employed rose 36.0% year-over-year to 21.81%; the TTM figure through Mar 2026 stood at 21.81% (up 36.0% YoY), while the FY2026 annual figure was 20.68%, down 175.0% from the prior year.
- Return on Capital Employed retreated 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.
- Historically, Return on Capital Employed has averaged 17.55% across 5 years, with a median of 18.36% in 2024.
- Annual changes were most pronounced in 2022 — Return on Capital Employed plunged 501 bps — and 2024, when it jumped 676 bps.
- Doximity's Return on Capital Employed stood at 12.76% in 2022, then soared by 34 bps to 17.05% in 2023, then gained by 26 bps to 21.46% in 2024, then increased by 5 bps to 22.59% in 2025, then retreated by 3 bps to 21.81% in 2026.
- Business Quant data shows DOCS's Return on Capital Employed at 21.81% in Q1 2026, 22.59% in Q4 2025, and 22.63% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 13.00% |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 9.85% |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 10.67% |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | -9.77% |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 31.58% |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | -8.46% |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 4.91% |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 20.35% |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | -20.94% |
| 10 | Privia Health | 2.78 Bn | 2.42 Bn | - | 5.48% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 20.35% |
| 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% |