Elastic (ESTC) Return on Capital Employed (2019 - 2026)
Elastic (ESTC) reported Return on Capital Employed of 2.1% for Q2 2026, up 167.0% on a YoY basis from 0.79% in Q2 2025, and down 6.68% sequentially from 1.97% in Q1 2026.
Elastic (ESTC) Return on Capital Employed (2019 - 2026) Analysis & Trends
Elastic (ESTC) has 8 years of Return on Capital Employed data on file, last reported at 2.1% in Q2 2026.
- For the quarter ending Q2 2026, Return on Capital Employed rose 167.0% year-over-year to 2.1%; the trailing twelve-month figure through Apr 2026 stood at 2.1% (up 167.0% YoY), and the FY2026 full-year result was 2.01%, up 189.0% from the prior year.
- Return on Capital Employed fell to 2.1% in Q2 2026, from 1.97% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 1.84% in Q3 2025 to a low of 24.01% in Q1 2023.
- A 5-year average of 11.62% and a median of 10.34% in 2024 frame the typical range for Return on Capital Employed.
- Across the five-year window, Return on Capital Employed tumbled 987 bps in 2023 and jumped 1347 bps in 2024, its largest moves.
- Tracing ESTC's Return on Capital Employed over 5 years: stood at 21.61% in 2022, then rose by 26 bps to 16.05% in 2023, then soared by 51 bps to 7.88% in 2024, then jumped by 72 bps to 2.18% in 2025, then climbed by 4 bps to 2.1% in 2026.
- Business Quant data shows ESTC's Return on Capital Employed at 2.1% in Q2 2026, 1.97% in Q1 2026, and 2.18% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 40.19% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | 9.52% |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 12.40% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 12.81% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 10.65% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 10.59% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | -7.29% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | -25.94% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 17.43% |
| 10 | Elastic | 6.04 Bn | 5.27 Bn | 339.62 Mn | -2.10% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | -2.10% |
| Jan 31, 2026 | -1.97% |
| Oct 31, 2025 | -2.18% |
| Jul 31, 2025 | -1.84% |
| Apr 30, 2025 | -3.78% |
| Jan 31, 2025 | -6.14% |
| Oct 31, 2024 | -7.88% |
| Jul 31, 2024 | -8.93% |
| Apr 30, 2024 | -10.15% |
| Jan 31, 2024 | -10.54% |
| Oct 31, 2023 | -16.05% |
| Jul 31, 2023 | -18.54% |
| Apr 30, 2023 | -22.62% |
| Jan 31, 2023 | -24.01% |
| Oct 31, 2022 | -21.61% |
| Jul 31, 2022 | -19.42% |
| Apr 30, 2022 | -17.23% |
| Jan 31, 2022 | -14.14% |
| Oct 31, 2021 | -13.18% |
| Jul 31, 2021 | -16.14% |