Doximity (DOCS) Return on Capital Employed (2021 - 2026)
Doximity's (DOCS) quarterly Return on Capital Employed came in at 21.81% in Q1 2026, up 36.0% year-on-year from 16.04% in Q1 2025, and down 3.43% on a QoQ basis 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.
- On a quarterly basis, Return on Capital Employed rose 36.0% year-over-year to 21.81% in Q1 2026; TTM through Mar 2026 was 21.81%, a 36.0% increase from a year earlier, with the FY2026 full-year figure at 20.68%, down 175.0% from the prior year.
- Return on Capital Employed for Q1 2026 stood at 21.81%, down from 22.59% in the prior quarter.
- Over the last five years, Return on Capital Employed for DOCS reached as high as 22.63% in Q3 2025 and fell as low as 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.
- Across the five-year window, Return on Capital Employed slumped 501 bps in 2022 and surged 676 bps in 2024, its largest moves.
- Year by year, Return on Capital Employed stood at 12.76% in 2022, then surged by 34 bps to 17.05% in 2023, then climbed by 26 bps to 21.46% in 2024, then gained by 5 bps to 22.59% in 2025, then slipped by 3 bps to 21.81% in 2026.
- Per Business Quant data, the three most recent Return on Capital Employed figures were 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 | 29.34 Bn | 22.03 Bn | 662.02 Mn | 13.00% |
| 2 | BrightSpring Health Services | 13.49 Bn | 12.59 Bn | 482.22 Mn | 7.68% |
| 3 | Healthequity | 7.96 Bn | 7.70 Bn | 256.31 Mn | 10.67% |
| 4 | 10x Genomics | 6.17 Bn | 5.63 Bn | 106.18 Mn | -4.23% |
| 5 | Hinge Health | 6.02 Bn | 5.70 Bn | 154.23 Mn | -163.65% |
| 6 | MiniMed | 4.19 Bn | 3.89 Bn | 480.00 Mn | -8.46% |
| 7 | Waystar Holding | 4.14 Bn | 4.07 Bn | 216.84 Mn | 4.73% |
| 8 | Doximity | 3.82 Bn | 3.08 Bn | 125.97 Mn | 21.81% |
| 9 | Privia Health | 3.10 Bn | 2.73 Bn | - | 4.60% |
| 10 | Omnicell | 1.81 Bn | 1.57 Bn | 140.36 Mn | 2.23% |
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% |