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% quarter-over-quarter from 22.59% in Q4 2025.

Doximity (DOCS) Return on Capital Employed (2021 - 2026) Analysis & Trends

Doximity (DOCS) has 6 years of Return on Capital Employed data on file, last reported at 21.81% in Q1 2026.

  • Return on Capital Employed for Q1 2026 came in at 21.81%, up 36.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 21.81% (up 36.0% YoY), and the FY2026 annual result was 20.68%, down 175.0% from the prior year.
  • Return on Capital Employed eased to 21.81% in Q1 2026 per DOCS's latest filing, from 22.59% in the prior quarter.
  • Over five years, Return on Capital Employed peaked at 22.63% in Q3 2025 and troughed at 12.26% in Q2 2022.
  • A 5-year average of 17.55% and a median of 18.36% in 2024 frame the typical range for Return on Capital Employed.
  • The sharpest annual moves came in 2022 and 2024: Return on Capital Employed plunged 501 bps in 2022, then jumped 676 bps in 2024.
  • A 5-year view of Return on Capital Employed shows it stood at 12.76% in 2022, then surged by 34 bps to 17.05% in 2023, then rose by 26 bps to 21.46% in 2024, then grew by 5 bps to 22.59% in 2025, then fell 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Veeva Systems 24.83 Bn 17.52 Bn 662.02 Mn 13.00%
2 BrightSpring Health Services 13.57 Bn 12.69 Bn 482.22 Mn 2.09%
3 Healthequity 7.20 Bn 6.93 Bn 256.31 Mn 10.67%
4 Hinge Health 5.42 Bn 5.11 Bn 154.23 Mn -163.65%
5 10x Genomics 4.46 Bn 3.92 Bn 106.18 Mn -4.23%
6 Doximity 3.81 Bn 3.06 Bn 125.97 Mn 21.81%
7 Waystar Holding 3.52 Bn 3.36 Bn 268.04 Mn 4.73%
8 Privia Health 2.94 Bn 2.57 Bn 595.71 Mn 4.60%
9 Omnicell 1.76 Bn 1.59 Bn 140.36 Mn 2.23%
10 Teladoc Health 1.45 Bn 696.57 Mn 562.57 Mn -8.41%

Historic Data

Download Data
DateValue
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%