Elastic (ESTC) Return on Capital Employed (2019 - 2026)
Elastic (ESTC) posted Return on Capital Employed of 2.1% for Q2 2026, down 6.68% sequentially from 1.97% in Q1 2026, and up 167.0% YoY from 0.79% in Q2 2025.
Elastic (ESTC) Return on Capital Employed (2019 - 2026) Analysis & Trends
Elastic has reported Return on Capital Employed for 8 years, with the latest figure at 2.1% in Q2 2026.
- Quarterly Return on Capital Employed rose 167.0% year-over-year to 2.1% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 2.1% (up 167.0% YoY) and the FY2026 annual result came in at 2.01%, up 189.0% from the prior year.
- Return on Capital Employed fell to 2.1% in Q2 2026 per ESTC's latest filing, from 1.97% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 1.84% in Q3 2025 and troughed at 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.
- The sharpest annual moves came in 2023 and 2024: Return on Capital Employed sank 987 bps in 2023, then soared 1347 bps in 2024.
- Over 5 years, Return on Capital Employed stood at 21.61% in 2022, then climbed 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 rose by 4 bps to 2.1% in 2026.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 2.1%, 1.97%, and 2.18% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 38.72% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 14.37% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 10.65% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 13.97% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 10.59% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -25.94% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | -46.62% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 51.24% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 23.43% |
| 10 | Elastic | 9.08 Bn | 8.31 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% |