Elastic (ESTC) Return on Capital Employed (2019 - 2026)
Elastic recorded quarterly Return on Capital Employed of 1.97% in Q1 2026, up 9.6% quarter-over-quarter from 2.18% in Q4 2025, and up 416.0% year-over-year from 0.38% in Q1 2025.
Elastic's Return on Capital Employed history runs 8 years deep, the most recent figure standing at 1.97% for Q1 2026.
- In Q1 2026, Return on Capital Employed rose 416.0% year-over-year to 1.97%; the TTM figure through Jan 2026 stood at 1.97% (up 416.0% YoY), while the FY2025 annual figure was 3.9%, up 768.0% from the prior year.
- Return on Capital Employed came in at 1.97% for Q1 2026 at Elastic, up from 2.18% 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 12.18% and a median of 10.54% in 2024 frame the typical range for Return on Capital Employed.
- Across the five-year window, Return on Capital Employed plunged 987 bps in 2023 and surged 1347 bps in 2024, its largest moves.
- Elastic's Return on Capital Employed stood at 21.61% in 2022, then advanced by 26 bps to 16.05% in 2023, then surged by 51 bps to 7.88% in 2024, then soared by 72 bps to 2.18% in 2025, then climbed by 10 bps to 1.97% in 2026.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 1.97%, 2.18%, and 1.84% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 40.19% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 12.51% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 12.81% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 12.40% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 12.32% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 17.43% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 49.21% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | -20.99% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 23.43% |
| 10 | Elastic | 5.79 Bn | 5.05 Bn | 343.44 Mn | -1.97% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Apr 30, 2021 | -26.61% |
| Jan 31, 2021 | -24.78% |
| Oct 31, 2020 | -27.16% |
| Jul 31, 2020 | -31.97% |
| Apr 30, 2020 | -38.90% |
| Jan 31, 2020 | -34.15% |
| Oct 31, 2019 | -40.41% |
| Jul 31, 2019 | -42.71% |
| Apr 30, 2019 | -38.28% |
| Jan 31, 2019 | -30.14% |