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| 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% |